Pentair is a pure play water industrial manufacturing company comprised of two segments: Consumer Solutions, which designs, manufactures and sells energy-efficient residential and commercial pool equipment and accessories, and commercial and residential water treatment products and systems; and Industrial and Flow Technologies, which manufactures and sells a variety of fluid treatment and pump products and systems, including pressure vessels, gas recovery solutions, membrane bioreactors, wastewater reuse systems and advanced membrane filtration, separation systems, water disposal pumps, water supply pumps, fluid transfer pumps, turbine pumps and agricultural spray nozzles. We show 38 historical shares outstanding datapoints in our PNR shares outstanding history coverage, used to compute PNR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PNR market cap history over the course of time is important for investors
interested in comparing PNR'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 PNR versus a peer is one thing; comparing
PNR 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 PNR can fluctuate over the course of history.
With this page we aim to empower investors researching PNR by allowing them to research the PNR market cap history. |
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Video: The Importance of Market Cap
