CarParts.com is an online provider of aftermarket auto parts and accessories. Co.'s products categories are: Replacement Parts, which is primarily comprised of parts for the exterior of an automobile and a line of mirror products including its own house brands called Kool-Vue®; Hard Parts, which is comprised of engine and chassis components as well as other mechanical and electrical parts, including its own house brands of aftermarket catalytic converters called Evan Fischer®; and Performance Parts and Accessories, which provides performance versions of various parts sold in each of the above categories, including parts from its own house brands, JC Whitney®. We show 58 historical shares outstanding datapoints in our PRTS shares outstanding history coverage, used to compute PRTS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PRTS market cap history over the course of time is important for investors
interested in comparing PRTS'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 PRTS versus a peer is one thing; comparing
PRTS 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 PRTS can fluctuate over the course of history.
With this page we aim to empower investors researching PRTS by allowing them to research the PRTS market cap history. |
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Video: The Importance of Market Cap
