Varian Medical Systems is a manufacturer of medical devices and software for treating cancer and other medical conditions. Co.'s segments are: Oncology Systems, which designs, manufactures, sells and services hardware and software products for treating cancer with radiotherapy, and treatments such as fixed field intensity-modulated radiation therapy, image-guided radiation therapy, and brachytherapy; Proton Solutions, which develops, designs, manufactures, sells and services products and systems for delivering proton therapy for the treatment of cancer; and Interventional Solutions, which provides products for interventional oncology and interventional radiology procedures and treatments. We show 45 historical shares outstanding datapoints in our VAR shares outstanding history coverage, used to compute VAR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing VAR market cap history over the course of time is important for investors
interested in comparing VAR'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 VAR versus a peer is one thing; comparing
VAR 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 VAR can fluctuate over the course of history.
With this page we aim to empower investors researching VAR by allowing them to research the VAR market cap history. |
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Video: The Importance of Market Cap
