PriceSmart owns and operates U.S. style membership shopping warehouse in Central America, the Caribbean and Colombia. Co. sells brand name and private label consumer products to individuals and businesses. Co. has consolidated warehouse clubs in operation in various countries and U.S. territory (Colombia, Costa Rica, Panama, Trinidad, Dominican Republic, Guatemala, Honduras, El Salvador, Nicaragua, Aruba, Barbados, Jamaica, and the U.S. Virgin Islands). Co. also operates a cross-border logistics and e-commerce business through its Aeropost, Inc. subsidiary. Co. provides three types of memberships: Business, Diamond and Platinum. We show 40 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. |
Video: The Importance of Market Cap
