Synopsys engages in supplying the electronic design automation software that engineers use to design and test integrated circuits. Co. also provides semiconductor intellectual property products, which are pre-designed circuits that engineers use as components of larger chip designs. Co. provides software and hardware used to validate the electronic systems that incorporate chips and the software that runs on them. In addition, Co. provides technical services and support to help its customers develop chips and electronic systems. Co. also provides software tools and services in a variety of industries, including electronics, financial services, automotive, medicine, energy and industrials. We show 57 historical shares outstanding datapoints in our SNPS shares outstanding history coverage, used to compute SNPS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SNPS market cap history over the course of time is important for investors
interested in comparing SNPS'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 SNPS versus a peer is one thing; comparing
SNPS 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 SNPS can fluctuate over the course of history.
With this page we aim to empower investors researching SNPS by allowing them to research the SNPS market cap history. |
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Video: The Importance of Market Cap
