Trupanion provides medical insurance for cats and dogs throughout the U.S., Canada, Puerto Rico, and Australia. Co.'s business segments are: subscription business, which provides subscription to its direct-to-consumer products; and other business, which is comprised of other product offerings that have a business-to-business relationship and different margin profiles than subscription segment, including providing pet insurance policies on behalf of the Veteran Affairs program, employer sponsored programs, and underwriting policies on behalf of third parties that do not carry reference to the Trupanion brand. Additionally, Co.'s other business segment includes the sale of software solutions. We show 40 historical shares outstanding datapoints in our TRUP shares outstanding history coverage, used to compute TRUP market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TRUP market cap history over the course of time is important for investors
interested in comparing TRUP'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 TRUP versus a peer is one thing; comparing
TRUP 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 TRUP can fluctuate over the course of history.
With this page we aim to empower investors researching TRUP by allowing them to research the TRUP market cap history. |
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Video: The Importance of Market Cap
