PriceSmart, Inc. owns and operates U.S. (US)-style membership shopping warehouse clubs in Latin America and the Caribbean, selling merchandise and providing services to PriceSmart members. Co. operates approximately 52 warehouse clubs in 12 countries and one US territory. Its segments include the US, Central America, the Caribbean and Colombia. It offers merchandise and services in various categories, such as consumables, fresh foods, hardlines, food service and bakery, and health services. It also owns Member's Selection private label products. Co.'s consumable products include groceries, cleaning supplies, and health and beauty aids. We show 62 historical shares outstanding datapoints in our PSMT shares outstanding history coverage, used to compute PSMT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PSMT market cap history over the course of time is important for investors
interested in comparing PSMT'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 PSMT versus a peer is one thing; comparing
PSMT 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 PSMT can fluctuate over the course of history.
With this page we aim to empower investors researching PSMT by allowing them to research the PSMT market cap history. |
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Video: The Importance of Market Cap
