Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Thai Rayon PCL's shares outstanding for the quarter that ended in Mar. 2026 was 201.6 Mil.
Thai Rayon PCL's quarterly shares outstanding
stayed the same
from Dec. 2025 (201.6 Mil) to Mar. 2026 (201.6 Mil).
Thai Rayon PCL's annual shares outstanding
stayed the same
from Mar. 2025 (201.6 Mil) to Mar. 2026 (201.6 Mil).
Thai Rayon PCL (OTCPK:TRAYF) 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.
Thai Rayon PCL Shares Outstanding (EOP) Related Terms
Thai Rayon PCL Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for Thai Rayon PCL'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.
Thai Rayon PCL Shares Outstanding (EOP) Competitor Comparison
For the Textile Manufacturing subindustry, Thai Rayon PCL'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.
Thai Rayon PCL Shares Outstanding (EOP) vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Thai Rayon PCL's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Thai Rayon PCL's Shares Outstanding (EOP) falls into.
Thai Rayon PCL 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 201.6 Mil mean?
Thai Rayon PCL (TRAYF) has a Shares Outstanding (EOP) of 201.6 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Thai Rayon PCL and its competitors.
Is Thai Rayon PCL's Shares Outstanding (EOP) too high?
Thai Rayon PCL's current Shares Outstanding (EOP) is 201.6 Mil. Overall, Thai Rayon PCL has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Thai Rayon PCL's Shares Outstanding (EOP) compare to competitors?
Thai Rayon PCL's Shares Outstanding (EOP) of 201.6 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 a Manufacturing - Apparel & Accessories company?
A good Shares Outstanding (EOP) depends on the Manufacturing - Apparel & Accessories 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 Thai Rayon PCL and its competitors. Thai Rayon PCL's current Shares Outstanding (EOP) is 201.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Rayon PCL stock overvalued right now?
Thai Rayon PCL (TRAYF) has a current Shares Outstanding (EOP) of 201.6 Mil. The stock's GF Value™ is $2.77, compared to a current price of $1.70 — trading 38.6% below its estimated fair value. The current Shares Outstanding (EOP) is 201.6 Mil. Thai Rayon PCL's overall GF Score™ is 12/100 with 5 warning signs to review. 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 Thai Rayon PCL (TRAYF), the current Shares Outstanding (EOP) is 201.6 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 Thai Rayon PCL (TRAYF) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Rayon PCL stock appears to be undervalued.
The current stock price of $1.70 is trading 38.6% below its estimated GF Value™ of $2.77.
Key valuation signals for TRAYF:
Shares Outstanding (EOP): 201.6 Mil
GF Value™: $2.77 vs. price of $1.70 (38.6% below fair value)
No single metric tells the full story. See the TRAYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Rayon PCL is a company based in Thailand that mainly manufactures viscose rayon staple fiber and anhydrous sodium sulphate for sale in domestic and export markets. The company also produces anhydrous sodium sulphate as a by-product, which is widely used in Thailand by detergent, pulp, glass, leather, and textile industries. Thai Rayon has made investments in backward and forward integration projects in Thailand, Indonesia, Laos, China, and Canada, as well as various diversification projects in Thailand and overseas. The company's operations focus on a single industry segment, which is the manufacturing and distribution of viscose rayon staple fiber and by-products for both domestic and export markets.
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