PSPW (3Power Energy Group) Shares Outstanding (Basic Average): 274.30 Mil (As of Dec. 2017)


What is 3Power Energy Group Shares Outstanding (Basic Average)?

3Power Energy Group PSPW Shares Outstanding (Basic Average) is 274.30 Mil as of Dec. 2017.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. 3Power Energy Group's average basic shares outstanding for the quarter that ended in Dec. 2017 was 274.30 Mil.

3Power Energy Group  (OTCPK:PSPW) 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.

3Power Energy Group Shares Outstanding (Basic Average) Related Terms

3Power Energy Group Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for 3Power Energy Group'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.

3Power Energy Group Shares Outstanding (Basic Average) Chart

3Power Energy Group Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 113.09 147.46 229.16 249.95 254.29

3Power Energy Group Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 249.95 267.29 274.30 274.30 274.30

3Power Energy Group 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 274.30 Mil mean?
3Power Energy Group (PSPW) has a Shares Outstanding (Basic Average) of 274.30 Mil as of Dec. 2017. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on 3Power Energy Group and its competitors.
Is 3Power Energy Group's Shares Outstanding (Basic Average) too high?
3Power Energy Group's current Shares Outstanding (Basic Average) is 274.30 Mil.
How does 3Power Energy Group's Shares Outstanding (Basic Average) compare to SKYS and CPWR?
3Power Energy Group's Shares Outstanding (Basic Average) of 274.30 Mil can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Shares Outstanding (Basic Average) depends on the Utilities - Independent Power Producers 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 3Power Energy Group and its competitors. 3Power Energy Group's current Shares Outstanding (Basic Average) is 274.30 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 3Power Energy Group stock overvalued right now?
3Power Energy Group (PSPW) has a current Shares Outstanding (Basic Average) of 274.30 Mil. The current Shares Outstanding (Basic Average) is 274.30 Mil. 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 3Power Energy Group (PSPW), the current Shares Outstanding (Basic Average) is 274.30 Mil as of Dec. 2017. 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.

3Power Energy Group Business Description

Address Sh. Zayed Road, Sh. Rashid Building, PO Box 50006, Dubai, ARE, 10005
3Power Energy Group Inc is a holding company. It sells electricity generated by solar, wind, hydro, biomass and other renewable energy resources and also develops, builds and operates power plants based on these technologies as well as develops hydro-electric projects, owning and operating energy projects in the hydro, wind and solar power sectors in Albania. Its projects include the hydro-electrical project of Shala river in Albania.