Signet Jewelers is a holding company. Through its subsidiaries, Co. is a retailer of diamond jewelry. Co. manages its business as three reportable segments: North America, International, and Other. The North America reportable segment operates across the U.S. and Canada. Its U.S. stores operate nationally in malls and off-mall locations. The International reportable segment operates stores in the U.K., Republic of Ireland and Channel Islands. Its stores operate in shopping malls and off-mall locations (i.e. high street). The Other reportable segment consists of subsidiaries involved in the purchasing and conversion of rough diamonds to polished stones. We show 54 historical shares outstanding datapoints in our SIG shares outstanding history coverage, used to compute SIG market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SIG market cap history over the course of time is important for investors
interested in comparing SIG'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 SIG versus a peer is one thing; comparing
SIG 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 SIG can fluctuate over the course of history.
With this page we aim to empower investors researching SIG by allowing them to research the SIG market cap history. |
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Video: The Importance of Market Cap
