Primo Brands is a beverage company. Co. distributes packaged branded beverages to retail outlets and provide bottled water solutions, water filtration and coffee services. Co.'s products consist of premium spring and sparkling water, purified water, self-service refill drinking water, flavored and enhanced beverages, water dispensers, filtration equipment and coffee. Through its Water Direct business, Co. delivers hydration solutions to home and business customers. Through its Water Exchange business, Co. sells multi-use bottled water exchangeable for a discount on next purchase. Through its Water Refill business, Co. operates self-service refill stations to refill multi-use bottles. We show 1 historical shares outstanding datapoints in our PRMB shares outstanding history coverage, used to compute PRMB market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PRMB market cap history over the course of time is important for investors
interested in comparing PRMB'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 PRMB versus a peer is one thing; comparing
PRMB 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 PRMB can fluctuate over the course of history.
With this page we aim to empower investors researching PRMB by allowing them to research the PRMB market cap history. |
Free PRMB Email Alerts:
Video: The Importance of Market Cap
