Vector Group is a holding company. Through its subsidiaries, Co. is engaged principally in two business segments: Tobacco, which is engaged in the manufacture and sale of cigarettes in the U.S. through its Liggett Group LLC (Liggett) and Vector Tobacco LLC subsidiaries; and Real Estate, which is focused on the real estate investment business through its subsidiary, New Valley LLC, in which it has interests in various real estate projects across the U.S. and is seeking to acquire or invest in additional real estate properties or projects. Liggett's brand portfolio includes: Eagle 20's, Pyramid, Montego, Grand Prix, Liggett Select, Eve, USA and various partner brands and private label brands. We show 63 historical shares outstanding datapoints in our VGR shares outstanding history coverage, used to compute VGR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing VGR market cap history over the course of time is important for investors
interested in comparing VGR'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 VGR versus a peer is one thing; comparing
VGR 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 VGR can fluctuate over the course of history.
With this page we aim to empower investors researching VGR by allowing them to research the VGR market cap history. |
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Video: The Importance of Market Cap
