HDFC Bank (MEX:HDBN) Shares Outstanding (Basic Average): 5,097 Mil (As of Mar. 2025)


MEX:HDBN HDFC Bank Ltd MEX:HDBN
66 GF Score
Price MXN410.00
GF Value MXN501.84
Valuation Modestly Undervalued
! 3 Warning Signs
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What is HDFC Bank Shares Outstanding (Basic Average)?

HDFC Bank MEX:HDBN 66 Shares Outstanding (Basic Average) is 5,097 Mil as of Mar. 2025. GuruFocus rates MEX:HDBN with a GF Score™ of 66/100 and a GF Value™ of MXN501.84 (Modestly Undervalued). 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. HDFC Bank's average basic shares outstanding for the quarter that ended in Mar. 2025 was 5,097 Mil.


HDFC Bank  (MEX:HDBN) 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.


HDFC Bank Shares Outstanding (Basic Average) Related Terms


HDFC Bank Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for HDFC Bank'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.

HDFC Bank Shares Outstanding (Basic Average) Chart

HDFC Bank Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,666.39 3,688.74 3,710.41 4,719.53 5,085.09

HDFC Bank Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
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 3,717.24 4,378.09 5,060.97 5,073.55 5,096.64
MEX:HDBN
66GF Score
HDFC Bank Ltd MEX:HDBN
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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HDFC Bank 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 5,097 Mil mean?
HDFC Bank (MEX:HDBN) has a Shares Outstanding (Basic Average) of 5,097 Mil as of Mar. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on HDFC Bank and its competitors.
Is HDFC Bank's Shares Outstanding (Basic Average) too high?
HDFC Bank's current Shares Outstanding (Basic Average) is 5,097 Mil. Overall, HDFC Bank has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HDFC Bank's Shares Outstanding (Basic Average) compare to PNC?
HDFC Bank's Shares Outstanding (Basic Average) of 5,097 Mil can be compared against companies in the Banks 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 Banks company?
A good Shares Outstanding (Basic Average) depends on the Banks 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 HDFC Bank and its competitors. HDFC Bank's current Shares Outstanding (Basic Average) is 5,097 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HDFC Bank stock overvalued right now?
Based on GuruFocus' analysis, HDFC Bank (MEX:HDBN) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN501.84, compared to a current price of MXN410.00 — trading 18.3% below its estimated fair value. The current Shares Outstanding (Basic Average) is 5,097 Mil. HDFC Bank's overall GF Score™ is 66/100 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 HDFC Bank (MEX:HDBN), the current Shares Outstanding (Basic Average) is 5,097 Mil as of Mar. 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 HDFC Bank (MEX:HDBN) Overvalued in 2026?

Based on GuruFocus' analysis, HDFC Bank stock appears to be undervalued. The current stock price of MXN410.00 is trading 18.3% below its estimated GF Value™ of MXN501.84. GuruFocus considers HDFC Bank to be Modestly Undervalued.

Key valuation signals for MEX:HDBN:

  • Shares Outstanding (Basic Average): 5,097 Mil
  • GF Value™: MXN501.84 vs. price of MXN410.00 (18.3% below fair value)
  • GF Score™: 66/100 with 3 warning signs

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


HDFC Bank Business Description

Address Senapati Bapat Marg, HDFC Bank House, Lower Parel (West), Mumbai, MH, IND, 400013
HDFC Bank Ltd is an Indian bank. It operates in the following segments: Treasury, Retail banking, Wholesale banking, and Other banking business. The maximum revenue for the company is generated from its Retail banking segment, which serves retail customers through its branch network and other channels. This segment raises customer deposits and provides loans and other services to customers using different product groups. Its other operations include providing wholesale banking services to corporates, government entities, and other enterprises, generating income from its treasury operations, and performing para-banking activities such as offering credit cards, debit cards, etc. Geographically, the company generates a majority of its revenue from its operations in India.
66GF Score

Get the complete analysis for MEX:HDBN

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

MXN410.00
Price
MXN501.84
GF Value