PS Business Parks is a self-advised and self-managed real estate investment trust that owns, operates, acquires and develops commercial properties, primarily multi-tenant industrial, flex and office space. Substantially all of Co.'s assets are held, and its business is conducted, through PS Business Parks, L.P., a California limited partnership. Co. owns and operates commercial space, comprising business parks and buildings located in California, Texas, Virginia, Florida, Maryland and Washington. Co. owns flex space, representing industrial buildings that are configured with a combination of warehouse and office space and can be designed to fit a variety of use types. We show 50 historical shares outstanding datapoints in our PSB shares outstanding history coverage, used to compute PSB market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PSB market cap history over the course of time is important for investors
interested in comparing PSB'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 PSB versus a peer is one thing; comparing
PSB 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 PSB can fluctuate over the course of history.
With this page we aim to empower investors researching PSB by allowing them to research the PSB market cap history. |
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Video: The Importance of Market Cap
