This website is designed to help investors everywhere explore historical market cap data that until now has
only been available at considerable expense or frustration. To start, simply enter a ticker symbol into our
box, check the options you would like to see graphed, and click "Chart." So long as the stock you entered
is in our database (if it's not, let us know and we'll add it), you will instantly see
a chart with the data you requested.
If you select the "Compare as %" box, we've converted the numbers into percentages for you, making it much easier to see how a company is doing at managing its share count. If the share price rises above the market cap in this view, it means that the company is lowering its split-adjusted share count, likely by buying back shares, a shareholder-friendly practice. However, if the market cap rises above the share price, it most likely means that the company, in order to raise capital, has a habit of diluting existing shares by issuing new shares... meaning that shareholders' holdings underperformed relative to the value of the company over time. This is a shareholder-unfriendly practice of which investors should be wary.
To see why this is important, consider two hypothetical companies with 100 shares outstanding each with a price of $10 per share, company ABC and company XYZ. Over the past five years, both companies grew enourmously, doubling the value of their operations from $1000 to $2000. However, over that time, company XYZ issued 100 new shares of stock to raise money to finance its expansion. The result? Even though both companies were successful, shareholders of company ABC doubled their money, with their shares now worth $20 each, whereas shareholders of company XYZ have made no money, with their shares still worth $10 each. As an investor, you would have been much better off investing in company ABC! This website can help reveal which companies have been good to their shareholders and which companies tend to "cheat" their existing shareholders in order to raise capital. In addition, it can help show why a company like XYZ has not increased in share price even though the company itself is thriving! Good luck using this powerful new tool to evaluate companies and improve your investment portfolio!
Have any questions? Contact us and we'll get back to you as soon as possible!
If you select the "Compare as %" box, we've converted the numbers into percentages for you, making it much easier to see how a company is doing at managing its share count. If the share price rises above the market cap in this view, it means that the company is lowering its split-adjusted share count, likely by buying back shares, a shareholder-friendly practice. However, if the market cap rises above the share price, it most likely means that the company, in order to raise capital, has a habit of diluting existing shares by issuing new shares... meaning that shareholders' holdings underperformed relative to the value of the company over time. This is a shareholder-unfriendly practice of which investors should be wary.
To see why this is important, consider two hypothetical companies with 100 shares outstanding each with a price of $10 per share, company ABC and company XYZ. Over the past five years, both companies grew enourmously, doubling the value of their operations from $1000 to $2000. However, over that time, company XYZ issued 100 new shares of stock to raise money to finance its expansion. The result? Even though both companies were successful, shareholders of company ABC doubled their money, with their shares now worth $20 each, whereas shareholders of company XYZ have made no money, with their shares still worth $10 each. As an investor, you would have been much better off investing in company ABC! This website can help reveal which companies have been good to their shareholders and which companies tend to "cheat" their existing shareholders in order to raise capital. In addition, it can help show why a company like XYZ has not increased in share price even though the company itself is thriving! Good luck using this powerful new tool to evaluate companies and improve your investment portfolio!
Have any questions? Contact us and we'll get back to you as soon as possible!