Clorox Co (MEX:CLX) Shares Outstanding (Basic Average): 121 Mil (As of Mar. 2026)


MEX:CLX Clorox Co MEX:CLX
67 GF Score
Price MXN1,700.00
GF Value MXN2,453.29
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Clorox Co Shares Outstanding (Basic Average)?

Clorox Co MEX:CLX 67 Shares Outstanding (Basic Average) is 121 Mil as of Mar. 2026. GuruFocus rates MEX:CLX with a GF Score™ of 67/100 and a GF Value™ of MXN2,453.29 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Clorox Co's average basic shares outstanding for the quarter that ended in Mar. 2026 was 121 Mil.


Clorox Co  (MEX:CLX) 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.


Clorox Co Shares Outstanding (Basic Average) Related Terms


Clorox Co Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Clorox Co'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.

Clorox Co Shares Outstanding (Basic Average) Chart

Clorox Co 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 125.57 123.11 123.59 124.17 123.53

Clorox Co 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 123.37 123.17 122.63 121.60 121.36
MEX:CLX
67GF Score
Clorox Co MEX:CLX
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Clorox Co 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 121 Mil mean?
Clorox Co (MEX:CLX) has a Shares Outstanding (Basic Average) of 121 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Clorox Co and its competitors.
Is Clorox Co's Shares Outstanding (Basic Average) too high?
Clorox Co's current Shares Outstanding (Basic Average) is 121 Mil. Overall, Clorox Co has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Clorox Co's Shares Outstanding (Basic Average) compare to ELF and IPAR?
Clorox Co's Shares Outstanding (Basic Average) of 121 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Shares Outstanding (Basic Average) depends on the Consumer Packaged Goods 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 Clorox Co and its competitors. Clorox Co's current Shares Outstanding (Basic Average) is 121 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clorox Co stock overvalued right now?
Based on GuruFocus' analysis, Clorox Co (MEX:CLX) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN2,453.29, compared to a current price of MXN1,700.00 — trading 30.7% below its estimated fair value. The current Shares Outstanding (Basic Average) is 121 Mil. Clorox Co's overall GF Score™ is 67/100 with 5 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 Clorox Co (MEX:CLX), the current Shares Outstanding (Basic Average) is 121 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 Clorox Co (MEX:CLX) Overvalued in 2026?

Based on GuruFocus' analysis, Clorox Co stock appears to be undervalued. The current stock price of MXN1,700.00 is trading 30.7% below its estimated GF Value™ of MXN2,453.29. GuruFocus considers Clorox Co to be Significantly Undervalued.

Key valuation signals for MEX:CLX:

  • Shares Outstanding (Basic Average): 121 Mil
  • GF Value™: MXN2,453.29 vs. price of MXN1,700.00 (30.7% below fair value)
  • GF Score™: 67/100 with 5 warning signs

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


Clorox Co Business Description

Address 1221 Broadway, Oakland, CA, USA, 94612-1888
Since its inception more than 100 years ago, Clorox has expanded to operate in a variety of consumer product categories, including cleaning supplies, laundry care, trash bags, cat litter, charcoal, food dressings, water filtration products, and natural personal care products. Beyond its namesake brand, the firm's portfolio includes Liquid-Plumr, Pine-Sol, S.O.S, Tilex, Kingsford, Fresh Step, Glad, Hidden Valley, KC Masterpiece, Brita, and Burt's Bees. More than 80% of Clorox's sales come from its home turf.
67GF Score

Get the complete analysis for MEX:CLX

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

MXN1,700.00
Price
MXN2,453.29
GF Value