GrumaB de CV (MEX:GRUMAB) Shares Outstanding (Basic Average): 347 Mil (As of Mar. 2026)


MEX:GRUMAB Gruma SAB de CV MEX:GRUMAB
79 GF Score
Price MXN280.58
GF Value MXN329.89
Valuation Modestly Undervalued
! 1 Warning Sign
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What is GrumaB de CV Shares Outstanding (Basic Average)?

GrumaB de CV MEX:GRUMAB -1.22% 79 Shares Outstanding (Basic Average) is 347 Mil as of Mar. 2026. GuruFocus rates MEX:GRUMAB with a GF Score™ of 79/100 and a GF Value™ of MXN329.89 (Modestly Undervalued). 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. GrumaB de CV's average basic shares outstanding for the quarter that ended in Mar. 2026 was 347 Mil.


GrumaB de CV  (MEX:GRUMAB) 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.


GrumaB de CV Shares Outstanding (Basic Average) Related Terms


GrumaB de CV Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for GrumaB de CV'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.

GrumaB de CV Shares Outstanding (Basic Average) Chart

GrumaB de CV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 390.88 373.56 369.91 364.49 352.24

GrumaB de CV 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 359.78 352.87 349.03 351.74 347.05
MEX:GRUMAB
79GF Score
Gruma SAB de CV MEX:GRUMAB
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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GrumaB de CV 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 347 Mil mean?
GrumaB de CV (MEX:GRUMAB) has a Shares Outstanding (Basic Average) of 347 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on GrumaB de CV and its competitors.
Is GrumaB de CV's Shares Outstanding (Basic Average) too high?
GrumaB de CV's current Shares Outstanding (Basic Average) is 347 Mil. Overall, GrumaB de CV has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GrumaB de CV's Shares Outstanding (Basic Average) compare to KHC and GIS?
GrumaB de CV's Shares Outstanding (Basic Average) of 347 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 GrumaB de CV and its competitors. GrumaB de CV's current Shares Outstanding (Basic Average) is 347 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GrumaB de CV stock overvalued right now?
Based on GuruFocus' analysis, GrumaB de CV (MEX:GRUMAB) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN329.89, compared to a current price of MXN280.58 — trading 14.9% below its estimated fair value. The current Shares Outstanding (Basic Average) is 347 Mil. GrumaB de CV's overall GF Score™ is 79/100 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 GrumaB de CV (MEX:GRUMAB), the current Shares Outstanding (Basic Average) is 347 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 GrumaB de CV (MEX:GRUMAB) Overvalued in 2026?

Based on GuruFocus' analysis, GrumaB de CV stock appears to be undervalued. The current stock price of MXN280.58 is trading 14.9% below its estimated GF Value™ of MXN329.89. GuruFocus considers GrumaB de CV to be Modestly Undervalued.

Key valuation signals for MEX:GRUMAB:

  • Shares Outstanding (Basic Average): 347 Mil
  • GF Value™: MXN329.89 vs. price of MXN280.58 (14.9% below fair value)
  • GF Score™: 79/100 with 1 warning sign

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


GrumaB de CV Business Description

Address Calzada del Valle, 407 Ote., Colonia Del Valle, San Pedro Garza Garcia, NL, MEX, 66220
Gruma SAB de CV is an international food production company, originally from Mexico. The product portfolio is large: corn and flour tortillas, wheat flour, naan, pita bread, flatbreads, wraps, chapatti, and pizza bases, along with other food products, such as snacks, pasta, rice, condiments, and palm hearts. The company has operations in America, Europe, Asia, and Oceania, and is present in over 100 countries across the globe. Its well-known brands are Maseca, Robin Hood, Mission, Guerrero, Tortiricas and Tosty.
79GF Score

Get the complete analysis for MEX:GRUMAB

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

MXN280.58
Price
MXN329.89
GF Value