Preformed Line Products Co. is a designer and manufacturer of products and systems employed in the construction and maintenance of overhead, ground-mounted and underground networks for energy, telecommunication, cable, data communication and other similar industries. Co. provides formed wire solutions, connectors, fiber optic and copper splice closures, solar hardware mounting applications, and electric vehicle charging station foundations. Its products include energy products, communications products, and special industry products. We show 54 historical shares outstanding datapoints in our PLPC shares outstanding history coverage, used to compute PLPC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PLPC market cap history over the course of time is important for investors
interested in comparing PLPC'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 PLPC versus a peer is one thing; comparing
PLPC 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 PLPC can fluctuate over the course of history.
With this page we aim to empower investors researching PLPC by allowing them to research the PLPC market cap history. |
Free PLPC Email Alerts:
Video: The Importance of Market Cap
