Photronics is a manufacturer of photomasks, which are photographic quartz or glass plates containing microscopic images of electronic circuits. Photomasks are a key element in the manufacture of integrated circuits (ICs) and flat-panel displays (FPDs) and are used as masters to transfer circuit patterns onto semiconductor wafers and FPD substrates during the fabrication of ICs, a variety of FPDs and, to a lesser extent, other types of electrical and optical components. Co. supports customers across a spectrum of IC production and FPD technologies by manufacturing photomasks using electron beam or optical (laser-based) lithography systems. We show 57 historical shares outstanding datapoints in our PLAB shares outstanding history coverage, used to compute PLAB market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PLAB market cap history over the course of time is important for investors
interested in comparing PLAB'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 PLAB versus a peer is one thing; comparing
PLAB 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 PLAB can fluctuate over the course of history.
With this page we aim to empower investors researching PLAB by allowing them to research the PLAB market cap history. |
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Video: The Importance of Market Cap
