Opto Circuits (India) (NSE:OPTOCIRCUI) Shares Outstanding (Basic Average): 320.2 Mil (As of Jun. 2021)


NSE:OPTOCIRCUI Opto Circuits (India) Ltd NSE:OPTOCIRCUI
4 GF Score
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What is Opto Circuits (India) Shares Outstanding (Basic Average)?

Opto Circuits (India) NSE:OPTOCIRCUI 4 Shares Outstanding (Basic Average) is 320.2 Mil as of Jun. 2021. GuruFocus rates NSE:OPTOCIRCUI 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. Opto Circuits (India)'s average basic shares outstanding for the quarter that ended in Jun. 2021 was 320.2 Mil.

Opto Circuits (India)  (NSE:OPTOCIRCUI) 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.

Opto Circuits (India) Shares Outstanding (Basic Average) Related Terms

Opto Circuits (India) Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Opto Circuits (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.

Opto Circuits (India) Shares Outstanding (Basic Average) Chart

Opto Circuits (India) Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 242.32 242.32 258.29 289.98 300.63

Opto Circuits (India) Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Jun21
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 300.66 287.90 291.94 301.13 320.18
NSE:OPTOCIRCUI
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Opto Circuits (India) Ltd NSE:OPTOCIRCUI
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Opto Circuits (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 320.2 Mil mean?
Opto Circuits (India) (NSE:OPTOCIRCUI) has a Shares Outstanding (Basic Average) of 320.2 Mil as of Jun. 2021. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Opto Circuits (India) and its competitors.
Is Opto Circuits (India)'s Shares Outstanding (Basic Average) too high?
Opto Circuits (India)'s current Shares Outstanding (Basic Average) is 320.2 Mil. Overall, Opto Circuits (India) has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Opto Circuits (India)'s Shares Outstanding (Basic Average) compare to ABT and MDT?
Opto Circuits (India)'s Shares Outstanding (Basic Average) of 320.2 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Shares Outstanding (Basic Average) depends on the Medical Devices & Instruments 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 Opto Circuits (India) and its competitors. Opto Circuits (India)'s current Shares Outstanding (Basic Average) is 320.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Opto Circuits (India) stock overvalued right now?
Opto Circuits (India) (NSE:OPTOCIRCUI) has a current Shares Outstanding (Basic Average) of 320.2 Mil. The current Shares Outstanding (Basic Average) is 320.2 Mil. Opto Circuits (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 Opto Circuits (India) (NSE:OPTOCIRCUI), the current Shares Outstanding (Basic Average) is 320.2 Mil as of Jun. 2021. 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.

Opto Circuits (India) Business Description

Address Plot No. 83, Hosur Road, 1st Floor, Electronic City, Bengalore, KA, IND, 560 100
Opto Circuits (India) Ltd along with its subsidiaries are engaged in the design, development, manufacture, marketing, and distribution of a range of medical products. The company's product is used by the healthcare industry, schools, and fire stations. The service line of the company consists of providing vital signs monitoring, emergency cardiac care, vascular treatments, and sensing technologies. The business of the company operates in segments that include Sensors, Monitors, and Others. The Sensors segment generates maximum revenue for the company. Geographically the company exports its products to America, Europe, and Asia markets.
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Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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