Perrigo is a provider of over-the-counter health and wellness solutions that can be self-managed. Co.'s segments are as follows: Consumer Self-Care Americas, which is focused primarily on the sale of self-care products in categories including upper respiratory, pain and sleep-aids, digestive health, nutrition, vitamins, minerals and supplements; Consumer Self-Care International, which develops, manufactures, markets, and distributes European consumer self-care brands in the upper respiratory, pain and sleep-aids, digestive health, vitamins, minerals and supplements; and Prescription Pharmaceuticals, which develops, manufactures, and markets a portfolio of generic prescription drugs. We show 40 historical shares outstanding datapoints in our PRGO shares outstanding history coverage, used to compute PRGO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PRGO market cap history over the course of time is important for investors
interested in comparing PRGO'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 PRGO versus a peer is one thing; comparing
PRGO 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 PRGO can fluctuate over the course of history.
With this page we aim to empower investors researching PRGO by allowing them to research the PRGO market cap history. |
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Video: The Importance of Market Cap
