Sterling International Enterprises (BOM:508998) Shares Outstanding (Basic Average): 271 Mil (As of Jun. 2017)

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What is Sterling International Enterprises Shares Outstanding (Basic Average)?

Sterling International Enterprises BOM:508998 Shares Outstanding (Basic Average) is 271 Mil as of Jun. 2017.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Sterling International Enterprises's average basic shares outstanding for the quarter that ended in Jun. 2017 was 271 Mil.

Sterling International Enterprises  (BOM:508998) 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.

Sterling International Enterprises Shares Outstanding (Basic Average) Related Terms

Sterling International Enterprises Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Sterling International Enterprises'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.

Sterling International Enterprises Shares Outstanding (Basic Average) Chart

Sterling International Enterprises Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Mar16 Mar17
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 271.40 271.40 271.40 270.08 271.40

Sterling International Enterprises Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 272.15 271.83 270.92 270.34 271.41

Sterling International Enterprises 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 271 Mil mean?
Sterling International Enterprises (BOM:508998) has a Shares Outstanding (Basic Average) of 271 Mil as of Jun. 2017. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Sterling International Enterprises and its competitors.
Is Sterling International Enterprises' Shares Outstanding (Basic Average) too high?
Sterling International Enterprises' current Shares Outstanding (Basic Average) is 271 Mil.
How does Sterling International Enterprises' Shares Outstanding (Basic Average) compare to BRSWQ and PBEC?
Sterling International Enterprises' Shares Outstanding (Basic Average) of 271 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Shares Outstanding (Basic Average) depends on the Oil & Gas 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 Sterling International Enterprises and its competitors. Sterling International Enterprises's current Shares Outstanding (Basic Average) is 271 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sterling International Enterprises stock overvalued right now?
Sterling International Enterprises (BOM:508998) has a current Shares Outstanding (Basic Average) of 271 Mil. The current Shares Outstanding (Basic Average) is 271 Mil. 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 Sterling International Enterprises (BOM:508998), the current Shares Outstanding (Basic Average) is 271 Mil as of Jun. 2017. 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.

Sterling International Enterprises Business Description

Industry EnergyOil & Gas
Address 43, Atlanta Building, Nariman Point, Mumbai, MH, IND, 400021
Sterling International Enterprises Ltd is engaged in providing oil & gas related services. The company's services include letting on the hire of oil rigs, services in seismic data interpretation and oil trading activities. Its operating segments consist of Information Technology and Oil related activities. Majority of the revenue is derived from the provision of services incidental to Onshore Oil Extraction.