Terminix Global Holdings is a holding company. Through its subsidiaries, Co. is a provider of essential services to residential and commercial customers in the termite and pest management markets, engaged in protection against termite damage, rodents, insects and other pests, including cockroaches, spiders, wood-destroying ants, ticks, fleas, mosquitos and bed bugs. Co.'s services include termite remediation, annual termite inspection and prevention treatments with termite damage repair guarantees, periodic pest management services, insulation services, crawlspace encapsulation, wildlife exclusion and disinfection services. We show 4 historical shares outstanding datapoints in our TMX shares outstanding history coverage, used to compute TMX market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TMX market cap history over the course of time is important for investors
interested in comparing TMX'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 TMX versus a peer is one thing; comparing
TMX 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 TMX can fluctuate over the course of history.
With this page we aim to empower investors researching TMX by allowing them to research the TMX market cap history. |
Video: The Importance of Market Cap
