T. Rowe Price Group, Inc. is a global asset management firm. It provides a range of financial services to individuals, institutions, and financial intermediaries including funds, advisory services, account management, and retirement plans and services. Founded in 1937 and headquartered in Baltimore, Maryland, T. Rowe Price operates in 16 countries with clients in more than 45 countries.
The market capitalization of a company, more simply referred to as "market cap", is the total market value of a publicly traded company's outstanding shares. It is often considered as a key indicator of what a company is worth.