Thor Industries manufactures a variety of recreational vehicles and sells those vehicles, as well as related parts and accessories, primarily to independent, non-franchise dealers throughout the U.S., Canada and Europe. Co.'s business activities are primarily comprised of three main operations, which include the design, manufacture and sale of North American towable recreational vehicles, North American motorized recreational vehicles and European recreational vehicles. Co. has three reportable segments: North American Towable Recreational Vehicles, North American Motorized Recreational Vehicles and European Recreational Vehicles. We show 59 historical shares outstanding datapoints in our THO shares outstanding history coverage, used to compute THO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing THO market cap history over the course of time is important for investors
interested in comparing THO'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 THO versus a peer is one thing; comparing
THO 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 THO can fluctuate over the course of history.
With this page we aim to empower investors researching THO by allowing them to research the THO market cap history. |
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Video: The Importance of Market Cap
