Ceres Power Holdings (CHIX:CWRL) Shares Outstanding (Basic Average): 194.05 Mil (As of Dec. 2025)


CHIX:CWRL Ceres Power Holdings PLC CHIX:CWRL
26 GF Score
Price £6.09
GF Value £3.15
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Ceres Power Holdings Shares Outstanding (Basic Average)?

Ceres Power Holdings CHIX:CWRL -9.44% 26 Shares Outstanding (Basic Average) is 194.05 Mil as of Dec. 2025. GuruFocus rates CHIX:CWRL with a GF Score™ of 26/100 and a GF Value™ of £3.15 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Ceres Power Holdings's average basic shares outstanding for the quarter that ended in Dec. 2025 was 194.05 Mil.


Ceres Power Holdings  (CHIX:CWRl) 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.


Ceres Power Holdings Shares Outstanding (Basic Average) Related Terms


Ceres Power Holdings Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Ceres Power Holdings'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.

Ceres Power Holdings Shares Outstanding (Basic Average) Chart

Ceres Power Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 185.69 191.39 192.65 193.34 193.91

Ceres Power Holdings Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 192.86 193.05 193.63 193.77 194.05
CHIX:CWRL
26GF Score
Ceres Power Holdings PLC CHIX:CWRL
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Ceres Power Holdings 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 194.05 Mil mean?
Ceres Power Holdings (CHIX:CWRL) has a Shares Outstanding (Basic Average) of 194.05 Mil as of Dec. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Ceres Power Holdings and its competitors.
Is Ceres Power Holdings' Shares Outstanding (Basic Average) too high?
Ceres Power Holdings' current Shares Outstanding (Basic Average) is 194.05 Mil. Overall, Ceres Power Holdings has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ceres Power Holdings' Shares Outstanding (Basic Average) compare to VRT and BE?
Ceres Power Holdings' Shares Outstanding (Basic Average) of 194.05 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Shares Outstanding (Basic Average) depends on the Industrial Products 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 Ceres Power Holdings and its competitors. Ceres Power Holdings's current Shares Outstanding (Basic Average) is 194.05 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ceres Power Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ceres Power Holdings (CHIX:CWRL) is currently considered Significantly Overvalued. The stock's GF Value™ is £3.15, compared to a current price of £6.09 — trading 93.3% above its estimated fair value. The current Shares Outstanding (Basic Average) is 194.05 Mil. Ceres Power Holdings' overall GF Score™ is 26/100 with 4 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 Ceres Power Holdings (CHIX:CWRL), the current Shares Outstanding (Basic Average) is 194.05 Mil as of Dec. 2025. 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 Ceres Power Holdings (CHIX:CWRL) Overvalued in 2026?

Based on GuruFocus' analysis, Ceres Power Holdings stock appears to be overvalued. The current stock price of £6.09 is trading 93.3% above its estimated GF Value™ of £3.15. GuruFocus considers Ceres Power Holdings to be Significantly Overvalued.

Key valuation signals for CHIX:CWRL:

  • Shares Outstanding (Basic Average): 194.05 Mil
  • GF Value™: £3.15 vs. price of £6.09 (93.3% above fair value)
  • GF Score™: 26/100 with 4 warning signs

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


Ceres Power Holdings Business Description

Address Foundry Lane, Viking House, Horsham, West Sussex, GBR, RH13 5PX
Ceres Power Holdings PLC is a primary developer of clean energy technology fuel cells for power generation and electrolysers to produce green hydrogen. Its licensing model enables partners to develop solid oxide technology supporting greater electrification of energy systems, including AI data centres, commercial and industrial applications, and produce green hydrogen at high efficiencies as a route to decarbonise emissions-intensive industries such as ammonia, steelmaking and electrofuels. The majority of revenue comes from Asian country followed by Europe and North America.
26GF Score

Get the complete analysis for CHIX:CWRL

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

£6.09
Price
£3.15
GF Value