Royal Caribbean Group is a cruise company. Co. controls and operates four cruise brands: Royal Caribbean International, Celebrity Cruises, Azamara and Silversea Cruises. Co. also owns a joint venture interest in the German brand TUI Cruises, and an interest in the Spanish brand Pullmantur. Co.'s cruise brands provide a range of onboard services, amenities and activities, including gaming, the sale of alcoholic and other beverages, internet and other telecommunication services, gift shop items, shore excursions, photography, spa/salon and fitness services, art auctions, retail shops and a variety of restaurants and dining options. We show 44 historical shares outstanding datapoints in our RCL shares outstanding history coverage, used to compute RCL market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing Royal Caribbean Group market cap history over the course of time is important for investors
interested in comparing Royal Caribbean Group'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 Royal Caribbean Group versus a peer is one thing; comparing
Royal Caribbean Group 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 Royal Caribbean Group can fluctuate over the course of history.
With this page we aim to empower investors researching Royal Caribbean Group by allowing them to research the Royal Caribbean Group market cap history. |
Video: The Importance of Market Cap
