Stoneridge designs and manufactures electrical and electronic components, modules and systems for the automotive, commercial, off-highway and agricultural vehicle markets. Co.'s segments are: Control Devices, which designs and manufactures products that monitor, measure or activate specific functions within a vehicle; Electronics, which designs and manufactures driver information systems, camera-based vision systems, connectivity and compliance products and electronic control units; and Stoneridge Brazil, which designs, manufactures and sells vehicle tracking devices and monitoring services, vehicle security alarms, in-vehicle audio and infotainment devices and telematics solutions. We show 58 historical shares outstanding datapoints in our SRI shares outstanding history coverage, used to compute SRI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SRI market cap history over the course of time is important for investors
interested in comparing SRI'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 SRI versus a peer is one thing; comparing
SRI 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 SRI can fluctuate over the course of history.
With this page we aim to empower investors researching SRI by allowing them to research the SRI market cap history. |
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Video: The Importance of Market Cap
