RBC Bearings is an international manufacturer and marketer of precision bearings, components and essential systems for the industrial, defense and aerospace industries. Co.'s Industrial segment manufactures bearings, gearing and engineered components for a range of industrial markets, including construction and mining, packaging and canning, material handling semiconductor machinery, wind, and the general industrial markets. Co.'s Aerospace/Defense segment supplies bearings and engineered components for use in commercial, private and military aircraft and aircraft engines, guided weaponry, space and satellites and vision and optical systems, and military marine and ground applications. We show 56 historical shares outstanding datapoints in our RBC shares outstanding history coverage, used to compute RBC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing RBC market cap history over the course of time is important for investors
interested in comparing RBC'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 RBC versus a peer is one thing; comparing
RBC 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 RBC can fluctuate over the course of history.
With this page we aim to empower investors researching RBC by allowing them to research the RBC market cap history. |
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Video: The Importance of Market Cap
