Empresa Siderurgica del PeruA (LIM:SIDERC1) Shares Outstanding (Basic Average): 968 Mil (As of Dec. 2016)


What is Empresa Siderurgica del PeruA Shares Outstanding (Basic Average)?

Empresa Siderurgica del PeruA LIM:SIDERC1 -0.81% Shares Outstanding (Basic Average) is 968 Mil as of Dec. 2016.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Empresa Siderurgica del PeruA's average basic shares outstanding for the quarter that ended in Dec. 2016 was 968 Mil.

Empresa Siderurgica del PeruA  (LIM:SIDERC1) 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.

Empresa Siderurgica del PeruA Shares Outstanding (Basic Average) Related Terms

Empresa Siderurgica del PeruA Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Empresa Siderurgica del PeruA'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.

Empresa Siderurgica del PeruA Shares Outstanding (Basic Average) Chart

Empresa Siderurgica del PeruA Annual Data
Trend Dec08 Dec09 Dec10 Dec14 Dec15 Dec16
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial 614.44 723.49 968.04 968.04 968.04

Empresa Siderurgica del PeruA Semi-Annual Data
Dec08 Dec09 Dec10 Dec14 Dec15 Dec16
Shares Outstanding (Basic Average) Get a 7-Day Free Trial 614.44 723.49 968.04 968.04 968.04

Empresa Siderurgica del PeruA 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 968 Mil mean?
Empresa Siderurgica del PeruA (LIM:SIDERC1) has a Shares Outstanding (Basic Average) of 968 Mil as of Dec. 2016. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Empresa Siderurgica del PeruA and its competitors.
Is Empresa Siderurgica del PeruA's Shares Outstanding (Basic Average) too high?
Empresa Siderurgica del PeruA's current Shares Outstanding (Basic Average) is 968 Mil.
How does Empresa Siderurgica del PeruA's Shares Outstanding (Basic Average) compare to competitors?
Empresa Siderurgica del PeruA's Shares Outstanding (Basic Average) of 968 Mil can be compared against companies in the Steel 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 Steel company?
A good Shares Outstanding (Basic Average) depends on the Steel 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 Empresa Siderurgica del PeruA and its competitors. Empresa Siderurgica del PeruA's current Shares Outstanding (Basic Average) is 968 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empresa Siderurgica del PeruA stock overvalued right now?
Empresa Siderurgica del PeruA (LIM:SIDERC1) has a current Shares Outstanding (Basic Average) of 968 Mil. The current Shares Outstanding (Basic Average) is 968 Mil. 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 Empresa Siderurgica del PeruA (LIM:SIDERC1), the current Shares Outstanding (Basic Average) is 968 Mil as of Dec. 2016. 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.

Empresa Siderurgica del PeruA Business Description

Address Avenue Juan de Arona 151, Tower B, Floor 5, Lima, PER
Empresa Siderurgica del Peru SAA is a steel manufacturing company. The company produces long steel designed for the construction and mining industry. The company provides long, flat, tubular, and road products.