Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Ta Chen Stainless Pipe Co's average basic shares outstanding for the quarter that ended in Dec. 2025 was 2,336 Mil.
Ta Chen Stainless Pipe Co (TPE:2027) 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.
Ta Chen Stainless Pipe Co Shares Outstanding (Basic Average) Related Terms
Ta Chen Stainless Pipe Co Shares Outstanding (Basic Average) Historical Data
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The historical data trend for Ta Chen Stainless Pipe Co'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.
Ta Chen Stainless Pipe Co Shares Outstanding (Basic Average) Chart
Ta Chen Stainless Pipe Co 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 2,336 Mil mean?
Ta Chen Stainless Pipe Co (TPE:2027) has a Shares Outstanding (Basic Average) of 2,336 Mil as of Dec. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Ta Chen Stainless Pipe Co and its competitors.
Is Ta Chen Stainless Pipe Co's Shares Outstanding (Basic Average) too high?
Ta Chen Stainless Pipe Co's current Shares Outstanding (Basic Average) is 2,336 Mil. Overall, Ta Chen Stainless Pipe Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ta Chen Stainless Pipe Co's Shares Outstanding (Basic Average) compare to NUE and STLD?
Ta Chen Stainless Pipe Co's Shares Outstanding (Basic Average) of 2,336 Mil can be compared against companies in the Steel 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 Steel company?
A good Shares Outstanding (Basic Average) depends on the Steel 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 Ta Chen Stainless Pipe Co and its competitors. Ta Chen Stainless Pipe Co's current Shares Outstanding (Basic Average) is 2,336 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ta Chen Stainless Pipe Co stock overvalued right now?
Based on GuruFocus' analysis, Ta Chen Stainless Pipe Co (TPE:2027) is currently considered Fairly Valued. The stock's GF Value™ is NT$42.70, compared to a current price of NT$40.00 — trading 6.3% below its estimated fair value. The current Shares Outstanding (Basic Average) is 2,336 Mil. Ta Chen Stainless Pipe Co's overall GF Score™ is 81/100 with 4 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 Ta Chen Stainless Pipe Co (TPE:2027), the current Shares Outstanding (Basic Average) is 2,336 Mil as of Dec. 2025. 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 Ta Chen Stainless Pipe Co (TPE:2027) Overvalued in 2026?
Based on GuruFocus' analysis, Ta Chen Stainless Pipe Co stock appears to be undervalued.
The current stock price of NT$40.00 is trading 6.3% below its estimated GF Value™ of NT$42.70.
GuruFocus considers Ta Chen Stainless Pipe Co to be Fairly Valued.
Key valuation signals for TPE:2027:
Shares Outstanding (Basic Average): 2,336 Mil
GF Value™: NT$42.70 vs. price of NT$40.00 (6.3% below fair value)
No single metric tells the full story. See the TPE:2027 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ta Chen Stainless Pipe Co Ltd is engaged in the manufacturing, processing, and selling of stainless steel pipes and stainless steel pipe fittings, stainless steel plates, as well as the manufacturing and sale of venetian blinds. It is also engaged in the manufacturing and selling of aluminum products and the sale of screws and nuts. The Group's operating segments are: Stainless steel and aluminum, Aluminum manufacturing, Screws and nuts, and Curtain and decorations. The majority of its revenue is derived from the Stainless steel and aluminum segment, which offers stainless steel pipes, stainless steel pipe fittings, as well as stainless steel plates (rolls), bars, and aluminum products. Geographically, the Group generates maximum revenue from the USA, followed by Taiwan and other markets.
81GF Score
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