Pier 1 Imports is an omni-channel retailer of home decor and accessories. Co.'s products are available in retail stores throughout the U.S. and Canada and online at pier1.com. Co. directly imports merchandise from many countries, and sells a variety of decorative accessories, furniture, candles, housewares, gifts and seasonal products. Additionally, Co. has an arrangement to supply merchandise to be sold in store within a store locations in Mexico and El Salvador and online in Mexico that are operated by Sears Operadora de Mexico, S.A. de C.V. and Corporacion de Tiendas Internationales, S.A. de C.V., respectively. We show 41 historical shares outstanding datapoints in our PIR shares outstanding history coverage, used to compute PIR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PIR market cap history over the course of time is important for investors
interested in comparing PIR'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 PIR versus a peer is one thing; comparing
PIR 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 PIR can fluctuate over the course of history.
With this page we aim to empower investors researching PIR by allowing them to research the PIR market cap history. |
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Video: The Importance of Market Cap
