Titan International is a wheel, tire, and undercarriage industrial manufacturer and supplier servicing customers across the globe. Co.'s reportable segments include: agricultural, which provides agricultural rims, wheels, tires, and undercarriage systems and components are manufactured for use on various agricultural equipment, including tractors, combines, skidders, plows, and planters; earthmoving/construction, which manufactures rims, wheels, tires, and undercarriage systems and components for various types of off-the-road earthmoving, mining, military, construction and forestry equipment; and consumer, which manufactures bias truck tires in Latin America and light truck tires in Russia. We show 56 historical shares outstanding datapoints in our TWI shares outstanding history coverage, used to compute TWI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TWI market cap history over the course of time is important for investors
interested in comparing TWI'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 TWI versus a peer is one thing; comparing
TWI 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 TWI can fluctuate over the course of history.
With this page we aim to empower investors researching TWI by allowing them to research the TWI market cap history. |
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Video: The Importance of Market Cap
