Bath & Body Works (FRA:LTD0) Shares Outstanding (Basic Average): 201 Mil (As of Apr. 2026)


FRA:LTD0 Bath & Body Works Inc FRA:LTD0
64 GF Score
Price €17.01
GF Value €27.29
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Bath & Body Works Shares Outstanding (Basic Average)?

Bath & Body Works FRA:LTD0 -4.31% 64 Shares Outstanding (Basic Average) is 201 Mil as of Apr. 2026. GuruFocus rates FRA:LTD0 with a GF Score™ of 64/100 and a GF Value™ of €27.29 (Significantly Undervalued). 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. Bath & Body Works's average basic shares outstanding for the quarter that ended in Apr. 2026 was 201 Mil.


Bath & Body Works  (FRA:LTD0) 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.


Bath & Body Works Shares Outstanding (Basic Average) Related Terms


Bath & Body Works Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Bath & Body Works'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.

Bath & Body Works Shares Outstanding (Basic Average) Chart

Bath & Body Works Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 269.00 232.00 228.00 220.00 208.00

Bath & Body Works Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 214.00 210.00 205.00 202.00 201.00
FRA:LTD0
64GF Score
Bath & Body Works Inc FRA:LTD0
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Bath & Body Works 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 201 Mil mean?
Bath & Body Works (FRA:LTD0) has a Shares Outstanding (Basic Average) of 201 Mil as of Apr. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Bath & Body Works and its competitors.
Is Bath & Body Works' Shares Outstanding (Basic Average) too high?
Bath & Body Works' current Shares Outstanding (Basic Average) is 201 Mil. Overall, Bath & Body Works has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bath & Body Works' Shares Outstanding (Basic Average) compare to MNSO and ASO?
Bath & Body Works' Shares Outstanding (Basic Average) of 201 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Shares Outstanding (Basic Average) depends on the Retail - Cyclical 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 Bath & Body Works and its competitors. Bath & Body Works's current Shares Outstanding (Basic Average) is 201 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bath & Body Works stock overvalued right now?
Based on GuruFocus' analysis, Bath & Body Works (FRA:LTD0) is currently considered Significantly Undervalued. The stock's GF Value™ is €27.29, compared to a current price of €17.01 — trading 37.7% below its estimated fair value. The current Shares Outstanding (Basic Average) is 201 Mil. Bath & Body Works' overall GF Score™ is 64/100 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 Bath & Body Works (FRA:LTD0), the current Shares Outstanding (Basic Average) is 201 Mil as of Apr. 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 Bath & Body Works (FRA:LTD0) Overvalued in 2026?

Based on GuruFocus' analysis, Bath & Body Works stock appears to be undervalued. The current stock price of €17.01 is trading 37.7% below its estimated GF Value™ of €27.29. GuruFocus considers Bath & Body Works to be Significantly Undervalued.

Key valuation signals for FRA:LTD0:

  • Shares Outstanding (Basic Average): 201 Mil
  • GF Value™: €27.29 vs. price of €17.01 (37.7% below fair value)
  • GF Score™: 64/100 with 4 warning signs

No single metric tells the full story. See the FRA:LTD0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bath & Body Works Business Description

Address Three Limited Parkway, Columbus, OH, USA, 43230
Bath & Body Works is a specialty home fragrance and fragrant body care retailer operating under the Bath & Body Works, C.O. Bigelow, and White Barn brands. The company generates most of its business in North America, with just 4% of sales from international markets in fiscal 2025. For fiscal 2025, 77% of sales stemmed from the brick-and-mortar network of more than 1,900 retail stores, similar to 2024 levels, as consumer shopping patterns remained normal. Future growth is expected from store upgrades, digital and international channels, as well as adjacent category expansions like men's and lip.
64GF Score

Get the complete analysis for FRA:LTD0

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

€17.01
Price
€27.29
GF Value