Per Aarsleff Holding AS (FRA:PE9) Shares Outstanding (Basic Average): 19 Mil (As of Mar. 2026)


FRA:PE9 Per Aarsleff Holding AS FRA:PE9
85 GF Score
Price €99.90
GF Value €67.50
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Per Aarsleff Holding AS Shares Outstanding (Basic Average)?

Per Aarsleff Holding AS FRA:PE9 +0.91% 85 Shares Outstanding (Basic Average) is 19 Mil as of Mar. 2026. GuruFocus rates FRA:PE9 with a GF Score™ of 85/100 and a GF Value™ of €67.50 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Per Aarsleff Holding AS's average basic shares outstanding for the quarter that ended in Mar. 2026 was 19 Mil.


Per Aarsleff Holding AS  (FRA:PE9) 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.


Per Aarsleff Holding AS Shares Outstanding (Basic Average) Related Terms


Per Aarsleff Holding AS Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Per Aarsleff Holding AS'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.

Per Aarsleff Holding AS Shares Outstanding (Basic Average) Chart

Per Aarsleff Holding AS Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.06 19.73 19.16 19.03 18.89

Per Aarsleff Holding AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 19.46 19.40 17.30 19.30 19.28
FRA:PE9
85GF Score
Per Aarsleff Holding AS FRA:PE9
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Per Aarsleff Holding AS 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 19 Mil mean?
Per Aarsleff Holding AS (FRA:PE9) has a Shares Outstanding (Basic Average) of 19 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Per Aarsleff Holding AS and its competitors.
Is Per Aarsleff Holding AS's Shares Outstanding (Basic Average) too high?
Per Aarsleff Holding AS's current Shares Outstanding (Basic Average) is 19 Mil. Overall, Per Aarsleff Holding AS has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Per Aarsleff Holding AS's Shares Outstanding (Basic Average) compare to PWR and FIX?
Per Aarsleff Holding AS's Shares Outstanding (Basic Average) of 19 Mil can be compared against companies in the Construction 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 Construction company?
A good Shares Outstanding (Basic Average) depends on the Construction 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 Per Aarsleff Holding AS and its competitors. Per Aarsleff Holding AS's current Shares Outstanding (Basic Average) is 19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Per Aarsleff Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Per Aarsleff Holding AS (FRA:PE9) is currently considered Significantly Overvalued. The stock's GF Value™ is €67.50, compared to a current price of €99.90 — trading 48% above its estimated fair value. The current Shares Outstanding (Basic Average) is 19 Mil. Per Aarsleff Holding AS's overall GF Score™ is 85/100 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 Per Aarsleff Holding AS (FRA:PE9), the current Shares Outstanding (Basic Average) is 19 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 Per Aarsleff Holding AS (FRA:PE9) Overvalued in 2026?

Based on GuruFocus' analysis, Per Aarsleff Holding AS stock appears to be overvalued. The current stock price of €99.90 is trading 48% above its estimated GF Value™ of €67.50. GuruFocus considers Per Aarsleff Holding AS to be Significantly Overvalued.

Key valuation signals for FRA:PE9:

  • Shares Outstanding (Basic Average): 19 Mil
  • GF Value™: €67.50 vs. price of €99.90 (48% above fair value)
  • GF Score™: 85/100 with 1 warning sign

No single metric tells the full story. See the FRA:PE9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Per Aarsleff Holding AS Business Description

Address Hasselager Alle 5, Viby J, DNK, 8260
Per Aarsleff Holding AS is a Denmark-based holding company specializing in infrastructure and construction services. It has Construction, Pipe technologies, Technical Solutions, Rail, and Ground engineering segments. The construction segment consists of construction, shell structures, building construction and international projects. The pipe technologies segment covers utility companies, housing, industry, export, and manufacturing. The ground engineering segment comprises ground engineering, pile factories, and engineering. The rail segment comprises train station services, service center operations, and maintenance projects. It derives maximum revenue from the Construction segment. Geographically, the company has a business presence in Denmark and other countries.
85GF Score

Get the complete analysis for FRA:PE9

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

€99.90
Price
€67.50
GF Value