| Ritchie Bros Auctioneers is a holding company. Through its subsidiaries, Co. is engaged in asset management and disposition of used industrial equipment and other assets. Co. sells used equipment for its customers through live, unreserved auctions, which are simulcast online to reach a global bidding audience. Through its unreserved auctions, online marketplaces, and private brokerage services, Co. sells a range of used and unused equipment, including earthmoving equipment, truck trailers, government surplus, oil and gas equipment and other industrial assets. Co.'s customers participate in a variety of sectors, including heavy construction, transportation, agriculture, energy, and mining. We show 31 historical shares outstanding datapoints in our RBA shares outstanding history coverage, used to compute RBA market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing RBA market cap history over the course of time is important for investors
interested in comparing RBA'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 RBA versus a peer is one thing; comparing
RBA 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 RBA can fluctuate over the course of history.
With this page we aim to empower investors researching RBA by allowing them to research the RBA market cap history.