Team provides specialty industrial services providing clients access to mechanical, heat-treating, and inspection services. Co.'s segments are: Inspection and Heat Treating, which provides non-destructive testing services for the process, pipeline and power sectors, pipeline integrity management services, and field heat treating services, and associated engineering and condition assessment services; and Mechanical Services, which provides solutions during both the operational (onstream) and off-line states of assets. Co.'s onstream services include leak repair and composite solutions; emissions control and compliance; hot tapping and line stopping; and on-line valve insertion solutions. We show 59 historical shares outstanding datapoints in our TISI shares outstanding history coverage, used to compute TISI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TISI market cap history over the course of time is important for investors
interested in comparing TISI'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 TISI versus a peer is one thing; comparing
TISI 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 TISI can fluctuate over the course of history.
With this page we aim to empower investors researching TISI by allowing them to research the TISI market cap history. |
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Video: The Importance of Market Cap
