Oxford Instruments (LSE:OXIG) Shares Outstanding (Basic Average): 56.1 Mil (As of Mar. 2026)


LSE:OXIG Oxford Instruments PLC LSE:OXIG
78 GF Score
Price £29.16
GF Value £20.53
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Oxford Instruments Shares Outstanding (Basic Average)?

Oxford Instruments LSE:OXIG -1.09% 78 Shares Outstanding (Basic Average) is 56.1 Mil as of Mar. 2026. GuruFocus rates LSE:OXIG with a GF Score™ of 78/100 and a GF Value™ of £20.53 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Oxford Instruments's average basic shares outstanding for the quarter that ended in Mar. 2026 was 56.1 Mil.


Oxford Instruments  (LSE:OXIG) 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.


Oxford Instruments Shares Outstanding (Basic Average) Related Terms


Oxford Instruments Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Oxford Instruments'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.

Oxford Instruments Shares Outstanding (Basic Average) Chart

Oxford Instruments Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.50 57.70 57.80 58.00 57.00

Oxford Instruments Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 57.90 58.00 58.00 57.90 56.10
LSE:OXIG
78GF Score
Oxford Instruments PLC LSE:OXIG
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Oxford Instruments 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 56.1 Mil mean?
Oxford Instruments (LSE:OXIG) has a Shares Outstanding (Basic Average) of 56.1 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Oxford Instruments and its competitors.
Is Oxford Instruments' Shares Outstanding (Basic Average) too high?
Oxford Instruments' current Shares Outstanding (Basic Average) is 56.1 Mil. Overall, Oxford Instruments has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oxford Instruments' Shares Outstanding (Basic Average) compare to COHR and KEYS?
Oxford Instruments' Shares Outstanding (Basic Average) of 56.1 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Shares Outstanding (Basic Average) depends on the Hardware 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 Oxford Instruments and its competitors. Oxford Instruments's current Shares Outstanding (Basic Average) is 56.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oxford Instruments stock overvalued right now?
Based on GuruFocus' analysis, Oxford Instruments (LSE:OXIG) is currently considered Significantly Overvalued. The stock's GF Value™ is £20.53, compared to a current price of £29.16 — trading 42% above its estimated fair value. The current Shares Outstanding (Basic Average) is 56.1 Mil. Oxford Instruments' overall GF Score™ is 78/100 with 3 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 Oxford Instruments (LSE:OXIG), the current Shares Outstanding (Basic Average) is 56.1 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 Oxford Instruments (LSE:OXIG) Overvalued in 2026?

Based on GuruFocus' analysis, Oxford Instruments stock appears to be overvalued. The current stock price of £29.16 is trading 42% above its estimated GF Value™ of £20.53. GuruFocus considers Oxford Instruments to be Significantly Overvalued.

Key valuation signals for LSE:OXIG:

  • Shares Outstanding (Basic Average): 56.1 Mil
  • GF Value™: £20.53 vs. price of £29.16 (42% above fair value)
  • GF Score™: 78/100 with 3 warning signs

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


Oxford Instruments Business Description

Address Tubney Woods, Abingdon, Oxfordshire, GBR, OX13 5QX
Oxford Instruments PLC is engaged in researching, developing, manufacturing, renting, selling, and servicing high-technology tools and systems. The company's operating segment includes Materials and Characterisation; Research and Discovery and Service and Healthcare. It generates maximum revenue from the Materials and Characterisation segment. The Materials and Characterisation segment focuses on applied R&D and commercial customers, enabling the fabrication and characterization of materials and devices down to the atomic scale. Geographically, it derives a majority of its revenue from Asia and also has a presence in Europe, North America, and the Rest of the World.
78GF Score

Get the complete analysis for LSE:OXIG

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

£29.16
Price
£20.53
GF Value