Tenneco designs, manufactures and sells products and services for light vehicle, commercial truck, off-highway, industrial and aftermarket customers. Co. serves both original equipment manufacturers and replacement markets worldwide. Co.'s brands include Monroe®, Champion®, Ohlins®, MOOG®, Walker®, Fel-Pro®, Wagner®, Ferodo®, Rancho®, Thrush®, National®, and Sealed Power®, and others. As a parts supplier, Co. produces individual component parts for vehicles as well as groups of components that are combined as modules or systems within vehicles. These parts, modules, and systems are sold globally to the light vehicle and commercial truck manufacturers as well as aftermarket customers. We show 52 historical shares outstanding datapoints in our TEN shares outstanding history coverage, used to compute TEN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TEN market cap history over the course of time is important for investors
interested in comparing TEN'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 TEN versus a peer is one thing; comparing
TEN 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 TEN can fluctuate over the course of history.
With this page we aim to empower investors researching TEN by allowing them to research the TEN market cap history. |
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Video: The Importance of Market Cap
