Rojana Industrial Park PCL (BKK:ROJNA) Shares Outstanding (Basic Average): 2,020 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:ROJNA Rojana Industrial Park PCL BKK:ROJNA
68 GF Score
Price ฿6.10
GF Value ฿4.59
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Rojana Industrial Park PCL Shares Outstanding (Basic Average)?

Rojana Industrial Park PCL BKK:ROJNA +0.83% 68 Shares Outstanding (Basic Average) is 2,020 Mil as of Mar. 2026. GuruFocus rates BKK:ROJNA with a GF Score™ of 68/100 and a GF Value™ of ฿4.59 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Rojana Industrial Park PCL's average basic shares outstanding for the quarter that ended in Mar. 2026 was 2,020 Mil.


Rojana Industrial Park PCL  (BKK:ROJNA) Shares Outstanding (Basic Average) 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.


Be Aware

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.


Rojana Industrial Park PCL Shares Outstanding (Basic Average) Related Terms


Rojana Industrial Park PCL Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Rojana Industrial Park PCL's Shares Outstanding (Basic Average) 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.

Rojana Industrial Park PCL Shares Outstanding (Basic Average) Chart

Rojana Industrial Park PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,020.02 2,020.46 2,020.46 2,020.46 2,020.46

Rojana Industrial Park PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,020.46 2,020.46 2,020.46 2,020.46 2,020.46
BKK:ROJNA
68GF Score
Rojana Industrial Park PCL BKK:ROJNA
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rojana Industrial Park PCL Shares Outstanding (Basic Average) 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.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 2,020 Mil mean?
Rojana Industrial Park PCL (BKK:ROJNA) has a Shares Outstanding (Basic Average) of 2,020 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Rojana Industrial Park PCL and its competitors.
Is Rojana Industrial Park PCL's Shares Outstanding (Basic Average) too high?
Rojana Industrial Park PCL's current Shares Outstanding (Basic Average) is 2,020 Mil. Overall, Rojana Industrial Park PCL has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rojana Industrial Park PCL's Shares Outstanding (Basic Average) compare to CEG and VST?
Rojana Industrial Park PCL's Shares Outstanding (Basic Average) of 2,020 Mil can be compared against companies in the Utilities - Independent Power Producers 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 (Basic Average) for an Utilities - Independent Power Producers company?
A good Shares Outstanding (Basic Average) depends on the Utilities - Independent Power Producers industry context. However, Shares Outstanding (Basic Average) 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 (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Rojana Industrial Park PCL and its competitors. Rojana Industrial Park PCL's current Shares Outstanding (Basic Average) is 2,020 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rojana Industrial Park PCL stock overvalued right now?
Based on GuruFocus' analysis, Rojana Industrial Park PCL (BKK:ROJNA) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿4.59, compared to a current price of ฿6.10 — trading 32.9% above its estimated fair value. The current Shares Outstanding (Basic Average) is 2,020 Mil. Rojana Industrial Park PCL's overall GF Score™ is 68/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Rojana Industrial Park PCL (BKK:ROJNA), the current Shares Outstanding (Basic Average) is 2,020 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 Rojana Industrial Park PCL (BKK:ROJNA) Overvalued in 2026?

Based on GuruFocus' analysis, Rojana Industrial Park PCL stock appears to be overvalued. The current stock price of ฿6.10 is trading 32.9% above its estimated GF Value™ of ฿4.59. GuruFocus considers Rojana Industrial Park PCL to be Significantly Overvalued.

Key valuation signals for BKK:ROJNA:

  • Shares Outstanding (Basic Average): 2,020 Mil
  • GF Value™: ฿4.59 vs. price of ฿6.10 (32.9% above fair value)
  • GF Score™: 68/100 with 9 warning signs

No single metric tells the full story. See the BKK:ROJNA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rojana Industrial Park PCL Business Description

Address New Petchaburi Road, 2034/115 Ital Thai Tower, 26th Floor, Bang Kapi, Huai Khwang, Bangkok, THA, 10310
Rojana Industrial Park PCL is engaged in the development of industrial estate at Ayutthaya, Rayong, and Chonburi Provinces. The segments of the company comprise Real estate development & related services, Electricity generating, Production & distribution of industrial water. The majority of revenue is derived from the sales of electricity business. Geographically it only operates in Thailand.
68GF Score

Get the complete analysis for BKK:ROJNA

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿6.10
Price
฿4.59
GF Value