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One share is still worth more than 4 times ORCL's share... so I guess that's something.
by kunai 13y ago
One share is still worth more than 4 times ORCL's share... so I guess that's something.
- jamesaguilar 13y agoThat is completely irrelevant. That's like saying "There are more micrograms in this one-gram object than there are grams in this one-kilogram object, and therefore the one gram object is heavier."
- rebel 13y agoShare price is an irrelevant number when you aren't taking the shares outstanding into account. Oracle's market cap is $159B, Tesla's market cap is $17B. Oracle is worth nearly 10x Tesla currently.
- chollida1 13y ago> One share is still worth more than 4 times ORCL's share... so I guess that's something. It's actually nothing. From my bloomberg terminal I can see ORCL US Equity has a Mkt Cap of $156,024.6M and TSLA US Equity has a Mkt Cap of 16,945.9M So Oracle is about 9.2 times bigger than Tesla.
- AsymetricCom 13y agoFrom my Google terminal, I can see the same thing. :D What's more important is the percent of the company you're getting with a share. (Obviously the same information in a different form), but I think more important to the small investor than share price. 121.45M - TSLA 4.56B - ORCL So you're getting significantly more share of the company for your investment when you go for TSLA.
- mr_luc 13y agoOr to put it another way, its market cap is approximately 1 million dollars per Model S it has sold to date.
- Mikeb85 13y agoMarket cap is what matters when valuing a company. Share price is nothing more than market cap/outstanding shares...