Ping Identity Holding is a holding company. Through its subsidiaries, Co. provides customers, employees and partners with access to any service, application or application programming interface, while also managing identity and profile data at scale. Co.'s Ping Intelligent Identity Platform can utilize artificial intelligence and machine learning to analyze device, network and user behavior data to make real-time authentication and security control decisions. Co.'s platform is designed to detect anomalies and automatically insert additional security measures, such as multi-factor authentication, only when necessary. We show 13 historical shares outstanding datapoints in our PING shares outstanding history coverage, used to compute PING market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PING market cap history over the course of time is important for investors
interested in comparing PING'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 PING versus a peer is one thing; comparing
PING 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 PING can fluctuate over the course of history.
With this page we aim to empower investors researching PING by allowing them to research the PING market cap history. |
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Video: The Importance of Market Cap
