Tredegar manufactures aluminum extrusions, polyethylene (PE) plastic films and polyester (PET) films. Co.'s segments are: Aluminum Extrusions, PE Films and Flexible Packaging Films. The Aluminum Extrusions segment manufactures mill (unfinished), machined, anodized and painted (finished) and fabricated aluminum extrusions for sale directly to fabricators and distributors. The PE Films segment produces surface protection films, PE overwrap films and films for other markets. The Flexible Packaging Films segment produces PET-based films for use in packaging applications that have certain properties, such as heat resistance, strength, barrier protection and the ability to accept print graphics. We show 56 historical shares outstanding datapoints in our TG shares outstanding history coverage, used to compute TG market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TG market cap history over the course of time is important for investors
interested in comparing TG'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 TG versus a peer is one thing; comparing
TG 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 TG can fluctuate over the course of history.
With this page we aim to empower investors researching TG by allowing them to research the TG market cap history. |
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Video: The Importance of Market Cap
