Selective Insurance Group, Inc. is a holding company, which owns ten property and casualty insurance subsidiaries that sell products and services only in the U.S.. Co.'s segments include Standard Commercial Lines, Standard Personal Lines, E&S Lines and Investments. The Standard Commercial Lines segment includes property and casualty insurance products and services to commercial enterprises, typically businesses, non-profit organizations, and local government agencies. The Standard Personal Lines segment consists of property and casualty insurance products and services, including flood insurance coverage sold through the Write Your Own program of the National Flood Insurance Program. We show 59 historical shares outstanding datapoints in our SIGI shares outstanding history coverage, used to compute SIGI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SIGI market cap history over the course of time is important for investors
interested in comparing SIGI'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 SIGI versus a peer is one thing; comparing
SIGI 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 SIGI can fluctuate over the course of history.
With this page we aim to empower investors researching SIGI by allowing them to research the SIGI market cap history. |
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Video: The Importance of Market Cap
