Textainer Group Holdings is a holding company. Through its subsidiaries, Co. purchases, manages, leases and resells a fleet of marine cargo containers. Co. manages and provides administrative support to the affiliated and unaffiliated third-party owners' (Container Investors) container fleets. Co. conducts its business activities in three main areas: Container Ownership, which consists of standard dry freight containers, but also includes refrigerated and other special-purpose containers; Container Management, which manages containers for and on behalf of the Container Investors; and Container Resale, which buys and subsequently resells containers (trading containers) from third parties. We show 15 historical shares outstanding datapoints in our TGH shares outstanding history coverage, used to compute TGH market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TGH market cap history over the course of time is important for investors
interested in comparing TGH'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 TGH versus a peer is one thing; comparing
TGH 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 TGH can fluctuate over the course of history.
With this page we aim to empower investors researching TGH by allowing them to research the TGH market cap history. |
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Video: The Importance of Market Cap
