Jet Airways (India) (NSE:JETAIRWAYS) Shares Outstanding (Basic Average): 113.6 Mil (As of Jun. 2023)


NSE:JETAIRWAYS Jet Airways (India) Ltd NSE:JETAIRWAYS
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What is Jet Airways (India) Shares Outstanding (Basic Average)?

Jet Airways (India) NSE:JETAIRWAYS 4 Shares Outstanding (Basic Average) is 113.6 Mil as of Jun. 2023. GuruFocus rates NSE:JETAIRWAYS with a GF Score™ of 4/100.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Jet Airways (India)'s average basic shares outstanding for the quarter that ended in Jun. 2023 was 113.6 Mil.

Jet Airways (India)  (NSE:JETAIRWAYS) 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.

Jet Airways (India) Shares Outstanding (Basic Average) Related Terms

Jet Airways (India) Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Jet Airways (India)'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.

Jet Airways (India) Shares Outstanding (Basic Average) Chart

Jet Airways (India) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 113.60 113.60 113.63 113.59 113.60

Jet Airways (India) Quarterly Data
Mar17 Mar18 Sep18 Mar19 Jun19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 113.60 113.57 113.60 113.62 113.57
NSE:JETAIRWAYS
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Jet Airways (India) Ltd NSE:JETAIRWAYS
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Jet Airways (India) 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 113.6 Mil mean?
Jet Airways (India) (NSE:JETAIRWAYS) has a Shares Outstanding (Basic Average) of 113.6 Mil as of Jun. 2023. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Jet Airways (India) and its competitors.
Is Jet Airways (India)'s Shares Outstanding (Basic Average) too high?
Jet Airways (India)'s current Shares Outstanding (Basic Average) is 113.6 Mil. Overall, Jet Airways (India) has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Jet Airways (India)'s Shares Outstanding (Basic Average) compare to DAL and LUV?
Jet Airways (India)'s Shares Outstanding (Basic Average) of 113.6 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Shares Outstanding (Basic Average) depends on the Transportation 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 Jet Airways (India) and its competitors. Jet Airways (India)'s current Shares Outstanding (Basic Average) is 113.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jet Airways (India) stock overvalued right now?
Jet Airways (India) (NSE:JETAIRWAYS) has a current Shares Outstanding (Basic Average) of 113.6 Mil. The current Shares Outstanding (Basic Average) is 113.6 Mil. Jet Airways (India)'s overall GF Score™ is 4/100. 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 Jet Airways (India) (NSE:JETAIRWAYS), the current Shares Outstanding (Basic Average) is 113.6 Mil as of Jun. 2023. 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.

Jet Airways (India) Business Description

Address 252, LBS Marg, Global One, 3rd Floor, Kurla (West), Mumbai, MH, IND, 400070
Jet Airways (India) Ltd is an international airline operating out of India. The company principal activities include carriage of passengers and cargo in Domestic and International sectors. Passenger tickets may be purchased on its website and through mobile applications. It has arrangements with multiple international airlines to expand global destinations and increase access for customers. Additionally, multiple partnerships with hotels, dining and others allow customers to make accommodations for an entire trip. Geographically, it derives a majority of revenue from India.
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