PPL is a holding company. Through its subsidiaries, Co. delivers electricity to customers in Pennsylvania, Kentucky, and Virginia; delivers natural gas to customers in Kentucky; and generates electricity from power plants in Kentucky. Co.'s segments are: Kentucky Regulated, which includes the regulated electricity generation, transmission and distribution operations conducted by Co.'s subsidiaries, Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company, and LG&E's regulated distribution and sale of natural gas; and Pennsylvania Regulated, which consists of Co.'s subsidiary, PPL Electric Utilities Corporation that delivers electricity in eastern and central Pennsylvania. We show 37 historical shares outstanding datapoints in our PPL shares outstanding history coverage, used to compute PPL market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PPL market cap history over the course of time is important for investors
interested in comparing PPL'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 PPL versus a peer is one thing; comparing
PPL 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 PPL can fluctuate over the course of history.
With this page we aim to empower investors researching PPL by allowing them to research the PPL market cap history. |
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Video: The Importance of Market Cap
