Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. CIA Distrib de Gas do Rio de Janeiro - CEG's average basic shares outstanding for the quarter that ended in Mar. 2026 was 260 Mil.
CIA Distrib de Gas do Rio de Janeiro - CEG (BSP:CEGR3) 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.
CIA Distrib de Gas do Rio de Janeiro - CEG Shares Outstanding (Basic Average) Related Terms
CIA Distrib de Gas do Rio de Janeiro - CEG Shares Outstanding (Basic Average) Historical Data
* 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.
CIA Distrib de Gas do Rio de Janeiro - CEG Shares Outstanding (Basic Average) Chart
CIA Distrib de Gas do Rio de Janeiro - CEG Annual Data
CIA Distrib de Gas do Rio de Janeiro - CEG 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 260 Mil mean?
CIA Distrib de Gas do Rio de Janeiro - CEG (BSP:CEGR3) has a Shares Outstanding (Basic Average) of 260 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on CIA Distrib de Gas do Rio de Janeiro - CEG and its competitors.
Is CIA Distrib de Gas do Rio de Janeiro - CEG's Shares Outstanding (Basic Average) too high?
CIA Distrib de Gas do Rio de Janeiro - CEG's current Shares Outstanding (Basic Average) is 260 Mil. Overall, CIA Distrib de Gas do Rio de Janeiro - CEG has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CIA Distrib de Gas do Rio de Janeiro - CEG's Shares Outstanding (Basic Average) compare to ATO and NI?
CIA Distrib de Gas do Rio de Janeiro - CEG's Shares Outstanding (Basic Average) of 260 Mil can be compared against companies in the Utilities - Regulated 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 - Regulated company?
A good Shares Outstanding (Basic Average) depends on the Utilities - Regulated 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 CIA Distrib de Gas do Rio de Janeiro - CEG and its competitors. CIA Distrib de Gas do Rio de Janeiro - CEG's current Shares Outstanding (Basic Average) is 260 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CIA Distrib de Gas do Rio de Janeiro - CEG stock overvalued right now?
Based on GuruFocus' analysis, CIA Distrib de Gas do Rio de Janeiro - CEG (BSP:CEGR3) is currently considered Significantly Undervalued. The stock's GF Value™ is R$55.70, compared to a current price of R$39.00 — trading 30% below its estimated fair value. The current Shares Outstanding (Basic Average) is 260 Mil. CIA Distrib de Gas do Rio de Janeiro - CEG's overall GF Score™ is 73/100 with 1 warning sign 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 CIA Distrib de Gas do Rio de Janeiro - CEG (BSP:CEGR3), the current Shares Outstanding (Basic Average) is 260 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 CIA Distrib de Gas do Rio de Janeiro - CEG (BSP:CEGR3) Overvalued in 2026?
Based on GuruFocus' analysis, CIA Distrib de Gas do Rio de Janeiro - CEG stock appears to be undervalued.
The current stock price of R$39.00 is trading 30% below its estimated GF Value™ of R$55.70.
GuruFocus considers CIA Distrib de Gas do Rio de Janeiro - CEG to be Significantly Undervalued.
Key valuation signals for BSP:CEGR3:
Shares Outstanding (Basic Average): 260 Mil
GF Value™: R$55.70 vs. price of R$39.00 (30% below fair value)
No single metric tells the full story. See the BSP:CEGR3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CIA Distrib de Gas do Rio de Janeiro - CEG Business Description
CIA Distrib de Gas do Rio de Janeiro - CEG operate as a public gas services, of any type and origin, in the State of Rio de Janeiro and to explore, exclusively, the distribution of piped gas. It distributes natural gas for the residential, commercial, industrial, electrical power generation sectors and also for compressed natural gas stations.
73GF Score
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