Pactiv Evergreen manufactures and distributes fresh foodservice and food merchandising products and fresh beverage cartons in North America. Co. manufactures and sells products through the following three segments: Foodservice, which manufactures a range of products that enable consumers to eat and drink, including food containers, drinkware, tableware, serviceware and other products; Food Merchandising, which manufactures products that protect and display food, including clear containers, containers for prepared and ready-to-eat food, trays for meat and poultry and molded fiber egg cartons; and Beverage Merchandising, which manufactures cartons for fresh refrigerated beverage products. We show 10 historical shares outstanding datapoints in our PTVE shares outstanding history coverage, used to compute PTVE market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PTVE market cap history over the course of time is important for investors
interested in comparing PTVE'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 PTVE versus a peer is one thing; comparing
PTVE 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 PTVE can fluctuate over the course of history.
With this page we aim to empower investors researching PTVE by allowing them to research the PTVE market cap history. |
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Video: The Importance of Market Cap
