Steelcase provides a portfolio of furniture and architectural products. Co.'s furniture portfolio includes furniture systems, seating, storage, fixed and height-adjustable desks, benches and tables and complementary products such as work accessories, lighting, mobile power and screens. Co.'s seating products include task chairs which are seating that can be used in collaborative environments and casual settings and seating for vertical markets such as education and healthcare. Co.'s interior architectural products include full and partial height walls and architectural pods. These services include workplace consulting, lease origination services and furniture and asset management. We show 56 historical shares outstanding datapoints in our SCS shares outstanding history coverage, used to compute SCS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SCS market cap history over the course of time is important for investors
interested in comparing SCS'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 SCS versus a peer is one thing; comparing
SCS 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 SCS can fluctuate over the course of history.
With this page we aim to empower investors researching SCS by allowing them to research the SCS market cap history. |
Free SCS Email Alerts:
Video: The Importance of Market Cap
