Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Dr. Ing. h.c. F. Porsche AG's average basic shares outstanding for the quarter that ended in Mar. 2026 was 928 Mil.
Dr. Ing. h.c. F. Porsche AG (FRA:P911) 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.
Dr. Ing. h.c. F. Porsche AG Shares Outstanding (Basic Average) Related Terms
Dr. Ing. h.c. F. Porsche AG Shares Outstanding (Basic Average) Historical Data
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The historical data trend for Dr. Ing. h.c. F. Porsche AG'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.
Dr. Ing. h.c. F. Porsche AG Shares Outstanding (Basic Average) Chart
Dr. Ing. h.c. F. Porsche AG 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 928 Mil mean?
Dr. Ing. h.c. F. Porsche AG (FRA:P911) has a Shares Outstanding (Basic Average) of 928 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Dr. Ing. h.c. F. Porsche AG and its competitors.
Is Dr. Ing. h.c. F. Porsche AG's Shares Outstanding (Basic Average) too high?
Dr. Ing. h.c. F. Porsche AG's current Shares Outstanding (Basic Average) is 928 Mil. Overall, Dr. Ing. h.c. F. Porsche AG has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dr. Ing. h.c. F. Porsche AG's Shares Outstanding (Basic Average) compare to TSLA and GM?
Dr. Ing. h.c. F. Porsche AG's Shares Outstanding (Basic Average) of 928 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Shares Outstanding (Basic Average) depends on the Vehicles & Parts 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 Dr. Ing. h.c. F. Porsche AG and its competitors. Dr. Ing. h.c. F. Porsche AG's current Shares Outstanding (Basic Average) is 928 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dr. Ing. h.c. F. Porsche AG stock overvalued right now?
Based on GuruFocus' analysis, Dr. Ing. h.c. F. Porsche AG (FRA:P911) is currently considered Modestly Undervalued. The stock's GF Value™ is €59.32, compared to a current price of €47.57 — trading 19.8% below its estimated fair value. The current Shares Outstanding (Basic Average) is 928 Mil. Dr. Ing. h.c. F. Porsche AG's overall GF Score™ is 73/100 with 13 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 Dr. Ing. h.c. F. Porsche AG (FRA:P911), the current Shares Outstanding (Basic Average) is 928 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 Dr. Ing. h.c. F. Porsche AG (FRA:P911) Overvalued in 2026?
Based on GuruFocus' analysis, Dr. Ing. h.c. F. Porsche AG stock appears to be undervalued.
The current stock price of €47.57 is trading 19.8% below its estimated GF Value™ of €59.32.
GuruFocus considers Dr. Ing. h.c. F. Porsche AG to be Modestly Undervalued.
Key valuation signals for FRA:P911:
Shares Outstanding (Basic Average): 928 Mil
GF Value™: €59.32 vs. price of €47.57 (19.8% below fair value)
No single metric tells the full story. See the FRA:P911 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Porsche designs, engineers, and manufactures premium cars synonymous with its racing history heritage, engineering mastery, sporty design, and driving experience. Porsche is uniquely positioned in that its brand is associated with luxury, but it produces cars on a much larger scale than its superluxury peers. Porsche sold 279,000 vehicles in 2025 at an average price of EUR 130,000. Europe, North America, mainland China including Hong Kong, and the rest of the world accounted for 34%, 31%, 15%, and 20% of volume in 2025, respectively. Ninety-two percent of revenue is generated from the sale of cars and related services, with the remainder from the captive finance arm. Porsche's equity is tightly held with Volkswagen owning 75.4% and Porsche SE (the Porsche/Piëch family) owning 12.5%.
73GF Score
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