Shri Ram Switchgears (NSE:SRIRAM) Shares Outstanding (Basic Average): 10.01 Mil (As of Mar. 2023)


NSE:SRIRAM Shri Ram Switchgears Ltd NSE:SRIRAM
4 GF Score
Price ₹10.10
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What is Shri Ram Switchgears Shares Outstanding (Basic Average)?

Shri Ram Switchgears NSE:SRIRAM 4 Shares Outstanding (Basic Average) is 10.01 Mil as of Mar. 2023. GuruFocus rates NSE:SRIRAM 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. Shri Ram Switchgears's average basic shares outstanding for the quarter that ended in Mar. 2023 was 10.01 Mil.

Shri Ram Switchgears  (NSE:SRIRAM) 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.

Shri Ram Switchgears Shares Outstanding (Basic Average) Related Terms

Shri Ram Switchgears Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Shri Ram Switchgears'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.

Shri Ram Switchgears Shares Outstanding (Basic Average) Chart

Shri Ram Switchgears 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 10.01 10.01 10.01 10.01 10.01

Shri Ram Switchgears Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Mar23
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 9.97 10.05 10.03 9.99 10.01
NSE:SRIRAM
4GF Score
Shri Ram Switchgears Ltd NSE:SRIRAM
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Shri Ram Switchgears 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 10.01 Mil mean?
Shri Ram Switchgears (NSE:SRIRAM) has a Shares Outstanding (Basic Average) of 10.01 Mil as of Mar. 2023. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Shri Ram Switchgears and its competitors.
Is Shri Ram Switchgears' Shares Outstanding (Basic Average) too high?
Shri Ram Switchgears' current Shares Outstanding (Basic Average) is 10.01 Mil. Overall, Shri Ram Switchgears has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Shri Ram Switchgears' Shares Outstanding (Basic Average) compare to competitors?
Shri Ram Switchgears' Shares Outstanding (Basic Average) of 10.01 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Shares Outstanding (Basic Average) depends on the Industrial Products 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 Shri Ram Switchgears and its competitors. Shri Ram Switchgears's current Shares Outstanding (Basic Average) is 10.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shri Ram Switchgears stock overvalued right now?
Shri Ram Switchgears (NSE:SRIRAM) has a current Shares Outstanding (Basic Average) of 10.01 Mil. The current Shares Outstanding (Basic Average) is 10.01 Mil. Shri Ram Switchgears' 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 Shri Ram Switchgears (NSE:SRIRAM), the current Shares Outstanding (Basic Average) is 10.01 Mil as of Mar. 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.

Shri Ram Switchgears Business Description

Address Goushala Road, Shri Ram Bhawan, Ratlam, MP, IND, 457001
Shri Ram Switchgears Ltd is an India-based company that engages in the manufacture and supply of switchgear, distributor boxes, metering boxes, feeder pillars Panels, Low Tension/ High Tension Line materials required in power distribution system utilities. The company also provides control and relay panels, air circuit breaker boxes, single phase boxes, main circuit breaker and molded case circuit breaker panels, A.C./D.C. boards, and other related products.
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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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