Interface is a global flooring company focusing in carbon neutral carpet tile and resilient flooring, including luxury vinyl tile (LVT), vinyl sheet, and nora® rubber flooring. Co.'s products and services include: modular carpet, which modular carpet systems are marketed under the established brands Interface and FLOR; modular resilient flooring, which provides a category of products that it calls modular resilient flooring, and its product introductions into this category were LVT products in the U.S; rubber flooring, which provides flooring in the rubber flooring products; and other Products and Services, which sells a proprietary antimicrobial chemical compound. We show 47 historical shares outstanding datapoints in our TILE shares outstanding history coverage, used to compute TILE market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TILE market cap history over the course of time is important for investors
interested in comparing TILE'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 TILE versus a peer is one thing; comparing
TILE 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 TILE can fluctuate over the course of history.
With this page we aim to empower investors researching TILE by allowing them to research the TILE market cap history. |
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Video: The Importance of Market Cap
