Prozone Realty (NSE:PROZONER) Shares Outstanding (Basic Average): 151 Mil (As of Mar. 2026)


NSE:PROZONER Prozone Realty Ltd NSE:PROZONER
69 GF Score
Price ₹46.18
GF Value ₹36.25
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Prozone Realty Shares Outstanding (Basic Average)?

Prozone Realty NSE:PROZONER -1.70% 69 Shares Outstanding (Basic Average) is 151 Mil as of Mar. 2026. GuruFocus rates NSE:PROZONER with a GF Score™ of 69/100 and a GF Value™ of ₹36.25 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Prozone Realty's average basic shares outstanding for the quarter that ended in Mar. 2026 was 151 Mil.


Prozone Realty  (NSE:PROZONER) 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.


Prozone Realty Shares Outstanding (Basic Average) Related Terms


Prozone Realty Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Prozone Realty'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.

Prozone Realty Shares Outstanding (Basic Average) Chart

Prozone Realty Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 152.60 152.60 152.60 152.31 152.69

Prozone Realty 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 152.62 145.82 151.83 148.80 151.26
NSE:PROZONER
69GF Score
Prozone Realty Ltd NSE:PROZONER
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Prozone Realty 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 151 Mil mean?
Prozone Realty (NSE:PROZONER) has a Shares Outstanding (Basic Average) of 151 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Prozone Realty and its competitors.
Is Prozone Realty's Shares Outstanding (Basic Average) too high?
Prozone Realty's current Shares Outstanding (Basic Average) is 151 Mil. Overall, Prozone Realty has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Prozone Realty's Shares Outstanding (Basic Average) compare to competitors?
Prozone Realty's Shares Outstanding (Basic Average) of 151 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Shares Outstanding (Basic Average) depends on the Real Estate 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 Prozone Realty and its competitors. Prozone Realty's current Shares Outstanding (Basic Average) is 151 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prozone Realty stock overvalued right now?
Based on GuruFocus' analysis, Prozone Realty (NSE:PROZONER) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹36.25, compared to a current price of ₹46.18 — trading 27.4% above its estimated fair value. The current Shares Outstanding (Basic Average) is 151 Mil. Prozone Realty's overall GF Score™ is 69/100 with 6 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 Prozone Realty (NSE:PROZONER), the current Shares Outstanding (Basic Average) is 151 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 Prozone Realty (NSE:PROZONER) Overvalued in 2026?

Based on GuruFocus' analysis, Prozone Realty stock appears to be overvalued. The current stock price of ₹46.18 is trading 27.4% above its estimated GF Value™ of ₹36.25. GuruFocus considers Prozone Realty to be Modestly Overvalued.

Key valuation signals for NSE:PROZONER:

  • Shares Outstanding (Basic Average): 151 Mil
  • GF Value™: ₹36.25 vs. price of ₹46.18 (27.4% above fair value)
  • GF Score™: 69/100 with 6 warning signs

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


Prozone Realty Business Description

Other Exchanges 534675:India
Address Off New Link Road, 105/106, Ground Floor, Dream Square, Dalia Industrial Estate, Andheri (West), Mumbai, MH, IND, 400053
Prozone Realty Ltd is a real estate development company. The company owns, designs, develops and operates shopping malls, and commercial and residential real estate. It also provides related management consultancy services. The company's operating segment includes Leasing and Outright sales. It generates majority revenue from the Leasing segment.
69GF Score

Get the complete analysis for NSE:PROZONER

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

₹46.18
Price
₹36.25
GF Value