Proterra is a developer and producer of electric vehicle technology for commercial application. Co.'s business units are: Proterra Powered and Energy, which includes Proterra Powered, which designs, develops, manufactures, sells, and integrates battery systems and electrification solutions into vehicles for global commercial vehicle original equipment manufacturer (OEM) customers; and Proterra Energy, which provides charging solutions and software services; and Proterra Transit, which designs, develops, manufactures, and sells electric transit buses as an OEM for North American public transit agencies, airports, universities, and other commercial transit fleets. We show 8 historical shares outstanding datapoints in our PTRA shares outstanding history coverage, used to compute PTRA market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PTRA market cap history over the course of time is important for investors
interested in comparing PTRA'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 PTRA versus a peer is one thing; comparing
PTRA 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 PTRA can fluctuate over the course of history.
With this page we aim to empower investors researching PTRA by allowing them to research the PTRA market cap history. |
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Video: The Importance of Market Cap
