Prologis is a self-administered and self-managed real estate investment trust and is the sole general partner of Prologis, L.P. through which it holds substantially all of its assets. Co.'s business includes two operating segments: Real Estate Operations, which represents the ownership and development of operating properties and includes development activities that lead to rental operations, including land held for development and properties under development, and other real estate investments; and Strategic Capital, which represents the management of unconsolidated co-investment ventures and provides leasing, acquisition, construction, development, financing and disposition services. We show 50 historical shares outstanding datapoints in our PLD shares outstanding history coverage, used to compute PLD market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PLD market cap history over the course of time is important for investors
interested in comparing PLD'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 PLD versus a peer is one thing; comparing
PLD 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 PLD can fluctuate over the course of history.
With this page we aim to empower investors researching PLD by allowing them to research the PLD market cap history. |