Pinterest, Inc. is a visual search and discovery company. Co.'s primary service, Pinterest, can be accessed through its mobile application or the Web. People use Pinterest to find ideas. As they browse Pinterest content, Pins, they fine-tune their tastes and find the idea. Users interact with the platform in multi-session journeys to find inspiration, curate their latest look, plan their next project and shop from brands. It has approximately 498 million monthly active users across the world. Content on Pinterest comes from a variety of sources, including retailers, brands, creators, publishers and users. We show 25 historical shares outstanding datapoints in our PINS shares outstanding history coverage, used to compute PINS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PINS market cap history over the course of time is important for investors
interested in comparing PINS'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 PINS versus a peer is one thing; comparing
PINS 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 PINS can fluctuate over the course of history.
With this page we aim to empower investors researching PINS by allowing them to research the PINS market cap history. |
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Video: The Importance of Market Cap
