Toyo Drilube Co (TSE:4976) Shares Outstanding (Basic Average): 4 Mil (As of Dec. 2025)

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TSE:4976 Toyo Drilube Co Ltd TSE:4976
67 GF Score
Price 円1,300.00
GF Value 円972.37
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Toyo Drilube Co Shares Outstanding (Basic Average)?

Toyo Drilube Co TSE:4976 -0.76% 67 Shares Outstanding (Basic Average) is 4 Mil as of Dec. 2025. GuruFocus rates TSE:4976 with a GF Score™ of 67/100 and a GF Value™ of 円972.37 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Toyo Drilube Co's average basic shares outstanding for the quarter that ended in Dec. 2025 was 4 Mil.

Toyo Drilube Co  (TSE:4976) 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.

Toyo Drilube Co Shares Outstanding (Basic Average) Related Terms

Toyo Drilube Co Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Toyo Drilube 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.

Toyo Drilube Co Shares Outstanding (Basic Average) Chart

Toyo Drilube Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.97 3.97 3.97 3.97 3.97

Toyo Drilube Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 3.97 3.97 3.97 3.97 3.97
TSE:4976
67GF Score
Toyo Drilube Co Ltd TSE:4976
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Toyo Drilube 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 4 Mil mean?
Toyo Drilube Co (TSE:4976) has a Shares Outstanding (Basic Average) of 4 Mil as of Dec. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Toyo Drilube Co and its competitors.
Is Toyo Drilube Co's Shares Outstanding (Basic Average) too high?
Toyo Drilube Co's current Shares Outstanding (Basic Average) is 4 Mil. Overall, Toyo Drilube Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toyo Drilube Co's Shares Outstanding (Basic Average) compare to LIN and SHW?
Toyo Drilube Co's Shares Outstanding (Basic Average) of 4 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Shares Outstanding (Basic Average) depends on the Chemicals 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 Toyo Drilube Co and its competitors. Toyo Drilube Co's current Shares Outstanding (Basic Average) is 4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Drilube Co stock overvalued right now?
Based on GuruFocus' analysis, Toyo Drilube Co (TSE:4976) is currently considered Significantly Overvalued. The stock's GF Value™ is 円972.37, compared to a current price of 円1,300.00 — trading 33.7% above its estimated fair value. The current Shares Outstanding (Basic Average) is 4 Mil. Toyo Drilube Co's overall GF Score™ is 67/100 with 1 warning sign 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 Toyo Drilube Co (TSE:4976), the current Shares Outstanding (Basic Average) is 4 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 Toyo Drilube Co (TSE:4976) Overvalued in 2026?

Based on GuruFocus' analysis, Toyo Drilube Co stock appears to be overvalued. The current stock price of 円1,300.00 is trading 33.7% above its estimated GF Value™ of 円972.37. GuruFocus considers Toyo Drilube Co to be Significantly Overvalued.

Key valuation signals for TSE:4976:

  • Shares Outstanding (Basic Average): 4 Mil
  • GF Value™: 円972.37 vs. price of 円1,300.00 (33.7% above fair value)
  • GF Score™: 67/100 with 1 warning sign

No single metric tells the full story. See the TSE:4976 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Toyo Drilube Co Business Description

Address 1-26-4, Daizawa, Setagaya-ku, Tokyo, JPN, 155-0032
Toyo Drilube Co Ltd Is engaged in the research and development, manufacturing, coating processing, and sales of DrilubeR products.
67GF Score

Get the complete analysis for TSE:4976

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

円1,300.00
Price
円972.37
GF Value