Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Budweiser Brewing Co APAC's average basic shares outstanding for the quarter that ended in Dec. 2025 was 13,212 Mil.
Budweiser Brewing Co APAC (FRA:4BB) 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.
Budweiser Brewing Co APAC Shares Outstanding (Basic Average) Related Terms
Budweiser Brewing Co APAC Shares Outstanding (Basic Average) Historical Data
* Premium members only.
The historical data trend for Budweiser Brewing Co APAC'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.
Budweiser Brewing Co APAC Shares Outstanding (Basic Average) Chart
Budweiser Brewing Co APAC 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 13,212 Mil mean?
Budweiser Brewing Co APAC (FRA:4BB) has a Shares Outstanding (Basic Average) of 13,212 Mil as of Dec. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Budweiser Brewing Co APAC and its competitors.
Is Budweiser Brewing Co APAC's Shares Outstanding (Basic Average) too high?
Budweiser Brewing Co APAC's current Shares Outstanding (Basic Average) is 13,212 Mil. Overall, Budweiser Brewing Co APAC has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Budweiser Brewing Co APAC's Shares Outstanding (Basic Average) compare to STZ and TAP?
Budweiser Brewing Co APAC's Shares Outstanding (Basic Average) of 13,212 Mil can be compared against companies in the Beverages - Alcoholic 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 a Beverages - Alcoholic company?
A good Shares Outstanding (Basic Average) depends on the Beverages - Alcoholic 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 Budweiser Brewing Co APAC and its competitors. Budweiser Brewing Co APAC's current Shares Outstanding (Basic Average) is 13,212 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Budweiser Brewing Co APAC stock overvalued right now?
Based on GuruFocus' analysis, Budweiser Brewing Co APAC (FRA:4BB) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.94, compared to a current price of €0.69 — trading 27.1% below its estimated fair value. The current Shares Outstanding (Basic Average) is 13,212 Mil. Budweiser Brewing Co APAC's overall GF Score™ is 88/100 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 (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Budweiser Brewing Co APAC (FRA:4BB), the current Shares Outstanding (Basic Average) is 13,212 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 Budweiser Brewing Co APAC (FRA:4BB) Overvalued in 2026?
Based on GuruFocus' analysis, Budweiser Brewing Co APAC stock appears to be undervalued.
The current stock price of €0.69 is trading 27.1% below its estimated GF Value™ of €0.94.
GuruFocus considers Budweiser Brewing Co APAC to be Modestly Undervalued.
Key valuation signals for FRA:4BB:
Shares Outstanding (Basic Average): 13,212 Mil
GF Value™: €0.94 vs. price of €0.69 (27.1% below fair value)
No single metric tells the full story. See the FRA:4BB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Budweiser APAC is the largest brewer in Asia by retail sales value and the second largest by volume, according to Euromonitor. After 10% of the business was listed on the Hong Kong exchange in 2019, parent Anheuser-Busch InBev owns close to 90% of the company's equity. Budweiser APAC's largest markets are China (roughly 75% of 2024 revenue), South Korea (20%), and India. The remaining comprises Japan, New Zealand, and other export markets in the Asia-Pacific region. The company predominantly produces, imports, markets, distributes, and sells a portfolio of more than 50 beer brands, both owned and licensed, including global brands Budweiser, Stella Artois, and Corona along with multicountry brands and local brands such as Hoegaarden, Cass, and Harbin.
88GF Score
Get the complete analysis for FRA:4BB
Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:4BB has been successfully added to your 
