RB Global, Inc. is an omnichannel marketplace that provides value-added insights, services and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide. Through its omnichannel platform, the Co. facilitates transactions for customers in primarily the automotive, construction, and commercial transportation sectors. It also serves customers in the agriculture, energy, and natural resources sectors, as well as government entities. Its customers primarily include automotive insurance companies, as well as end users, dealers, fleet owners, and original equipment manufacturers (OEMs) of commercial assets and vehicles. We show 45 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. |
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Video: The Importance of Market Cap
