P3 Health Partners is a holding company. Through its subsidiaries, Co. is a health management company. Co. has utilized its capabilities to build its P3 Care Model. The backbone of Co.'s P3 Care Model is its proprietary technology platform, P3 Technology/Health Hub. P3 Technology/Health Hub integrates clinical and claims data from various disparate data points each month from payors, outpatient and inpatient facilities and other ancillary care settings. By using P3 Technology/Health Hub at the time of patient onboarding, Co. is able to assign patient risk levels using its risk stratification tool that utilizes multiple parameters to prioritize patients who require additional resources. We show 7 historical shares outstanding datapoints in our PIII shares outstanding history coverage, used to compute PIII market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PIII market cap history over the course of time is important for investors
interested in comparing PIII's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of PIII versus a peer is one thing; comparing
PIII market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like PIII can fluctuate over the course of history.
With this page we aim to empower investors researching PIII by allowing them to research the PIII market cap history. |
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Video: The Importance of Market Cap
