PSYTF (Pason Systems) Shares Outstanding (Basic Average): 77.7 Mil (As of Mar. 2026)


PSYTF Pason Systems Inc PSYTF
89 GF Score
Price $8.63
GF Value $10.19
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Pason Systems Shares Outstanding (Basic Average)?

Pason Systems PSYTF +0.47% 89 Shares Outstanding (Basic Average) is 77.7 Mil as of Mar. 2026. GuruFocus rates PSYTF with a GF Score™ of 89/100 and a GF Value™ of $10.19 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Pason Systems's average basic shares outstanding for the quarter that ended in Mar. 2026 was 77.7 Mil.


Pason Systems  (OTCPK:PSYTF) 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.


Pason Systems Shares Outstanding (Basic Average) Related Terms


Pason Systems Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Pason Systems'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.

Pason Systems Shares Outstanding (Basic Average) Chart

Pason Systems Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.79 81.96 80.38 79.58 78.52

Pason Systems 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 79.31 78.64 78.08 77.98 77.68
PSYTF
89GF Score
Pason Systems Inc PSYTF
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Pason Systems 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 77.7 Mil mean?
Pason Systems (PSYTF) has a Shares Outstanding (Basic Average) of 77.7 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Pason Systems and its competitors.
Is Pason Systems' Shares Outstanding (Basic Average) too high?
Pason Systems' current Shares Outstanding (Basic Average) is 77.7 Mil. Overall, Pason Systems has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pason Systems' Shares Outstanding (Basic Average) compare to SLB and BKR?
Pason Systems' Shares Outstanding (Basic Average) of 77.7 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Shares Outstanding (Basic Average) depends on the Oil & Gas 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 Pason Systems and its competitors. Pason Systems's current Shares Outstanding (Basic Average) is 77.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pason Systems stock overvalued right now?
Based on GuruFocus' analysis, Pason Systems (PSYTF) is currently considered Modestly Undervalued. The stock's GF Value™ is $10.19, compared to a current price of $8.63 — trading 15.3% below its estimated fair value. The current Shares Outstanding (Basic Average) is 77.7 Mil. Pason Systems' overall GF Score™ is 89/100 with 3 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 Pason Systems (PSYTF), the current Shares Outstanding (Basic Average) is 77.7 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 Pason Systems (PSYTF) Overvalued in 2026?

Based on GuruFocus' analysis, Pason Systems stock appears to be undervalued. The current stock price of $8.63 is trading 15.3% below its estimated GF Value™ of $10.19. GuruFocus considers Pason Systems to be Modestly Undervalued.

Key valuation signals for PSYTF:

  • Shares Outstanding (Basic Average): 77.7 Mil
  • GF Value™: $10.19 vs. price of $8.63 (15.3% below fair value)
  • GF Score™: 89/100 with 3 warning signs

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


Pason Systems Business Description

Industry EnergyOil & Gas
Other Exchanges 3PS:GermanyPSI:Canada
Address 6130 3rd Street SE, Calgary, AB, CAN, T2H 1K4
Pason Systems Inc is a provider of instrumentation and data management systems for drilling rigs. The electronic drilling recorder is the company's product, and provides a complete system of drilling data acquisition, data networking, drilling management tools, and reports at both the wellsite and customer office. The company reports on four strategic business units: The North American Drilling (Canada and the United States) and International Drilling (Latin America, including Mexico, Offshore, the Eastern Hemisphere, and the Middle East) and completions business units, all of which offer technology services to the oil and gas industry, and the Solar and Energy Storage business unit, which provides technology services to solar and energy storage developers.
89GF Score

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

$8.63
Price
$10.19
GF Value