Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Ray Sigorta AS's shares outstanding for the quarter that ended in Mar. 2026 was 163 Mil.
Ray Sigorta AS's quarterly shares outstanding
stayed the same
from Dec. 2025 (163 Mil) to Mar. 2026 (163 Mil).
Ray Sigorta AS's annual shares outstanding
stayed the same
from Dec. 2024 (163 Mil) to Dec. 2025 (163 Mil).
Ray Sigorta AS (IST:RAYSG) Shares Outstanding (EOP) Explanation
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Ray Sigorta AS Shares Outstanding (EOP) Related Terms
Ray Sigorta AS Shares Outstanding (EOP) Historical Data
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The historical data trend for Ray Sigorta AS's Shares Outstanding (EOP) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
IST:RAYSG vs BRK.A, AIG, HIG: Shares Outstanding (EOP) Comparison
For the Insurance - Diversified subindustry, Ray Sigorta AS's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ray Sigorta AS Shares Outstanding (EOP) vs Insurance Industry
For the Insurance industry and Financial Services sector, Ray Sigorta AS's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Ray Sigorta AS's Shares Outstanding (EOP) falls into.
Ray Sigorta AS Shares Outstanding (EOP) Calculation
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
What does a Shares Outstanding (EOP) of 163 Mil mean?
Ray Sigorta AS (IST:RAYSG) has a Shares Outstanding (EOP) of 163 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Ray Sigorta AS and its competitors.
Is Ray Sigorta AS's Shares Outstanding (EOP) too high?
Ray Sigorta AS's current Shares Outstanding (EOP) is 163 Mil. Overall, Ray Sigorta AS has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ray Sigorta AS's Shares Outstanding (EOP) compare to BRK.A and AIG?
Ray Sigorta AS's Shares Outstanding (EOP) of 163 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for an Insurance company?
A good Shares Outstanding (EOP) depends on the Insurance industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Ray Sigorta AS and its competitors. Ray Sigorta AS's current Shares Outstanding (EOP) is 163 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ray Sigorta AS stock overvalued right now?
Based on GuruFocus' analysis, Ray Sigorta AS (IST:RAYSG) is currently considered Significantly Undervalued. The stock's GF Value™ is ₺622.15, compared to a current price of ₺177.60 — trading 71.5% below its estimated fair value. The current Shares Outstanding (EOP) is 163 Mil. Ray Sigorta AS's overall GF Score™ is 54/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Ray Sigorta AS (IST:RAYSG), the current Shares Outstanding (EOP) is 163 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ray Sigorta AS (IST:RAYSG) Overvalued in 2026?
Based on GuruFocus' analysis, Ray Sigorta AS stock appears to be undervalued.
The current stock price of ₺177.60 is trading 71.5% below its estimated GF Value™ of ₺622.15.
GuruFocus considers Ray Sigorta AS to be Significantly Undervalued.
Key valuation signals for IST:RAYSG:
Shares Outstanding (EOP): 163 Mil
GF Value™: ₺622.15 vs. price of ₺177.60 (71.5% below fair value)
No single metric tells the full story. See the IST:RAYSG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ray Sigorta AS is a Turkey-based insurance company. It offers motor, household and health insurances. The motor insurance covers accidents such as the collision of the car with other motor or no-motor vehicles used on the road or railroad. Its household insurance secures house and goods against many risks such as fire, robbery, earthquake, and floods. The health insurance product consists of emergency health insurance, complementary health insurance, health insurance for foreigners and travel health insurance. Additionally, it also provides contracted health institutions and contracted auto services.
54GF Score
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Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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