T. Rowe Price Group, Inc. is a global asset management company. Co. provides a broad range of investment solutions across equity, fixed income, multi-asset, and alternative capabilities for clients around the world - from individuals to advisors to institutions to retirement plan sponsors. It also provides certain investment advisory clients with related administrative services, including distribution, mutual fund transfer agent, accounting and shareholder services; participant recordkeeping and transfer agent services for defined contribution retirement plans; brokerage; trust services, and non-discretionary advisory services through model delivery. We show 60 historical shares outstanding datapoints in our TROW shares outstanding history coverage, used to compute TROW market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TROW market cap history over the course of time is important for investors
interested in comparing TROW'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 TROW versus a peer is one thing; comparing
TROW 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 TROW can fluctuate over the course of history.
With this page we aim to empower investors researching TROW by allowing them to research the TROW market cap history. |
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Video: The Importance of Market Cap
