Shoprite Holdings (JSE:SHP) Shares Outstanding (Basic Average): 541 Mil (As of Dec. 2025)


JSE:SHP Shoprite Holdings Ltd JSE:SHP
97 GF Score
Price R296.11
GF Value R313.46
Valuation Fairly Valued
! 2 Warning Signs
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What is Shoprite Holdings Shares Outstanding (Basic Average)?

Shoprite Holdings JSE:SHP -0.51% 97 Shares Outstanding (Basic Average) is 541 Mil as of Dec. 2025. GuruFocus rates JSE:SHP with a GF Score™ of 97/100 and a GF Value™ of R313.46 (Fairly Valued). The stock has 2 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Shoprite Holdings's average basic shares outstanding for the quarter that ended in Dec. 2025 was 541 Mil.


Shoprite Holdings  (JSE:SHP) 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.


Shoprite Holdings Shares Outstanding (Basic Average) Related Terms


Shoprite Holdings Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Shoprite 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.

Shoprite Holdings Shares Outstanding (Basic Average) Chart

Shoprite Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 551.67 544.91 542.88 543.87 541.44

Shoprite Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 543.78 543.95 542.44 540.44 540.52
JSE:SHP
97GF Score
Shoprite Holdings Ltd JSE:SHP
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Shoprite 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 541 Mil mean?
Shoprite Holdings (JSE:SHP) has a Shares Outstanding (Basic Average) of 541 Mil as of Dec. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Shoprite Holdings and its competitors.
Is Shoprite Holdings' Shares Outstanding (Basic Average) too high?
Shoprite Holdings' current Shares Outstanding (Basic Average) is 541 Mil. Overall, Shoprite Holdings has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shoprite Holdings' Shares Outstanding (Basic Average) compare to DDS and M?
Shoprite Holdings' Shares Outstanding (Basic Average) of 541 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 Shoprite Holdings and its competitors. Shoprite Holdings's current Shares Outstanding (Basic Average) is 541 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shoprite Holdings stock overvalued right now?
Based on GuruFocus' analysis, Shoprite Holdings (JSE:SHP) is currently considered Fairly Valued. The stock's GF Value™ is R313.46, compared to a current price of R296.11 — trading 5.5% below its estimated fair value. The current Shares Outstanding (Basic Average) is 541 Mil. Shoprite Holdings' overall GF Score™ is 97/100 with 2 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 Shoprite Holdings (JSE:SHP), the current Shares Outstanding (Basic Average) is 541 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 Shoprite Holdings (JSE:SHP) Overvalued in 2026?

Based on GuruFocus' analysis, Shoprite Holdings stock appears to be undervalued. The current stock price of R296.11 is trading 5.5% below its estimated GF Value™ of R313.46. GuruFocus considers Shoprite Holdings to be Fairly Valued.

Key valuation signals for JSE:SHP:

  • Shares Outstanding (Basic Average): 541 Mil
  • GF Value™: R313.46 vs. price of R296.11 (5.5% below fair value)
  • GF Score™: 97/100 with 2 warning signs

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


Shoprite Holdings Business Description

Address Cnr William Dabbs Street and Old Paarl Road, Brackenfell, WC, ZAF, 7560
Shoprite Holdings Ltd is Africa's food retailer, headquartered in Cape Town, South Africa, with a widespread presence across multiple African countries. The company's main business is supermarket retailing through brands such as Shoprite, Usave, and Checkers. The company organizes its operations into three main segments: Supermarkets RSA, which covers its core supermarket retail operations in South Africa. The company segments include Supermarkets Non-RSA, covering supermarket operations in other African countries; and Other Operating Segments, which include franchise stores, pharmacies, pet products, clothing, and other specialist retail formats.
97GF Score

Get the complete analysis for JSE:SHP

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

R296.11
Price
R313.46
GF Value