STERIS is a provider of products and services which focused on infection prevention. Co.'s business segments are: Healthcare, which provides infection prevention and procedural products and services, including consumable products and equipment maintenance and installation services; Applied Sterilization Technologies, which provides contract sterilization and testing services for medical device and pharmaceutical manufacturers; Life Sciences, which provides consumable products, equipment maintenance, other services and capital equipment; and Dental, which provides instruments, infection prevention consumables and instrument management systems dental practitioners and dental schools. We show 55 historical shares outstanding datapoints in our STE shares outstanding history coverage, used to compute STE market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing STERIS market cap history over the course of time is important for investors
interested in comparing STERIS'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 STERIS versus a peer is one thing; comparing
STERIS 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 STERIS can fluctuate over the course of history.
With this page we aim to empower investors researching STERIS by allowing them to research the STERIS market cap history. |
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Video: The Importance of Market Cap
