Woori Bank is a financial holding company. Through its subsidiaries, Co. is engaged in a range of businesses, including corporate banking, consumer banking, credit card operations, investment banking, capital markets activities and other businesses. Co. provides a range of products and services to its customers, which mainly comprise small- and medium-sized enterprises and individuals, as well as some of Korea's corporations. We show 1 historical shares outstanding datapoints in our WF shares outstanding history coverage, used to compute WF market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing WF market cap history over the course of time is important for investors
interested in comparing WF'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 WF versus a peer is one thing; comparing
WF 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 WF can fluctuate over the course of history.
With this page we aim to empower investors researching WF by allowing them to research the WF market cap history. |
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Video: The Importance of Market Cap
