Prudential Financial is a holding company. Through its subsidiaries and affiliates, Co. provides a range of financial products and services, including life insurance, annuities, retirement-related products and services, mutual funds and investment management. Co. provides these products and services to individual and institutional customers. Co.'s principal operations are comprised of PGIM (its global investment management business), its United States Businesses (consisting of its United States Workplace Solutions, United States Individual Solutions, and Assurance IQ divisions), its International Businesses, the Closed Block division and its Corporate and Other operations. We show 45 historical shares outstanding datapoints in our PRU shares outstanding history coverage, used to compute PRU market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing Prudential Financial market cap history over the course of time is important for investors
interested in comparing Prudential Financial'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 Prudential Financial versus a peer is one thing; comparing
Prudential Financial 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 Prudential Financial can fluctuate over the course of history.
With this page we aim to empower investors researching Prudential Financial by allowing them to research the Prudential Financial market cap history. |
Video: The Importance of Market Cap
