Papa John's International operates and franchises pizza delivery and carryout restaurants and, in certain international markets, dine-in and delivery restaurants. Co. has four reportable segments: domestic Co.-owned restaurants, which engages in retail sales of pizza and side items; North America commissaries, which includes the operations of Co.'s regional dough production and product distribution centers; North America franchising, which includes Co.'s franchise sales and support activities; and international operations, which includes the distribution sales to franchised Papa John's restaurants in the United Kingdom and its franchise sales and support activities. We show 44 historical shares outstanding datapoints in our PZZA shares outstanding history coverage, used to compute PZZA market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PZZA market cap history over the course of time is important for investors
interested in comparing PZZA'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 PZZA versus a peer is one thing; comparing
PZZA 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 PZZA can fluctuate over the course of history.
With this page we aim to empower investors researching PZZA by allowing them to research the PZZA market cap history. |
Video: The Importance of Market Cap
