Powell Industries develops, designs, manufactures and services custom-engineered equipment and systems which distribute, control and monitor the flow of electrical energy and provide protection to motors, transformers and other electrically powered equipment. Co.'s principal products include integrated power control room substations (PCRs®), custom-engineered modules, electrical houses, distribution switchgear and control gear, voltage circuit breakers, monitoring and control communications systems, motor control centers, switches, and bus duct systems. Co. provides services such as spare parts, field service inspection, installation, commissioning, modification, repair, and retrofit. We show 57 historical shares outstanding datapoints in our POWL shares outstanding history coverage, used to compute POWL market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing POWL market cap history over the course of time is important for investors
interested in comparing POWL'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 POWL versus a peer is one thing; comparing
POWL 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 POWL can fluctuate over the course of history.
With this page we aim to empower investors researching POWL by allowing them to research the POWL market cap history. |
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Video: The Importance of Market Cap
