WestBond Enterprises (TSXV:WBE) Shares Outstanding (Basic Average): 35.63 Mil (As of Dec. 2025)


TSXV:WBE WestBond Enterprises Corp TSXV:WBE
55 GF Score
Price C$0.24
GF Value C$0.18
Valuation Significantly Overvalued
! 4 Warning Signs
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What is WestBond Enterprises Shares Outstanding (Basic Average)?

WestBond Enterprises TSXV:WBE 55 Shares Outstanding (Basic Average) is 35.63 Mil as of Dec. 2025. GuruFocus rates TSXV:WBE with a GF Score™ of 55/100 and a GF Value™ of C$0.18 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. WestBond Enterprises's average basic shares outstanding for the quarter that ended in Dec. 2025 was 35.63 Mil.


WestBond Enterprises  (TSXV:WBE) 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.


WestBond Enterprises Shares Outstanding (Basic Average) Related Terms


WestBond Enterprises Shares Outstanding (Basic Average) Historical Data

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The historical data trend for WestBond Enterprises'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.

WestBond Enterprises Shares Outstanding (Basic Average) Chart

WestBond Enterprises Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.53 35.63 35.63 35.63 35.63

WestBond Enterprises Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 35.63 35.63 35.63 35.63 35.63
TSXV:WBE
55GF Score
WestBond Enterprises Corp TSXV:WBE
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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WestBond Enterprises 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 35.63 Mil mean?
WestBond Enterprises (TSXV:WBE) has a Shares Outstanding (Basic Average) of 35.63 Mil as of Dec. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on WestBond Enterprises and its competitors.
Is WestBond Enterprises' Shares Outstanding (Basic Average) too high?
WestBond Enterprises' current Shares Outstanding (Basic Average) is 35.63 Mil. Overall, WestBond Enterprises has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WestBond Enterprises' Shares Outstanding (Basic Average) compare to SLVM?
WestBond Enterprises' Shares Outstanding (Basic Average) of 35.63 Mil can be compared against companies in the Forest 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 a Forest Products company?
A good Shares Outstanding (Basic Average) depends on the Forest 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 WestBond Enterprises and its competitors. WestBond Enterprises's current Shares Outstanding (Basic Average) is 35.63 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WestBond Enterprises stock overvalued right now?
Based on GuruFocus' analysis, WestBond Enterprises (TSXV:WBE) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.18, compared to a current price of C$0.24 — trading 30.6% above its estimated fair value. The current Shares Outstanding (Basic Average) is 35.63 Mil. WestBond Enterprises' overall GF Score™ is 55/100 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 WestBond Enterprises (TSXV:WBE), the current Shares Outstanding (Basic Average) is 35.63 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 WestBond Enterprises (TSXV:WBE) Overvalued in 2026?

Based on GuruFocus' analysis, WestBond Enterprises stock appears to be overvalued. The current stock price of C$0.24 is trading 30.6% above its estimated GF Value™ of C$0.18. GuruFocus considers WestBond Enterprises to be Significantly Overvalued.

Key valuation signals for TSXV:WBE:

  • Shares Outstanding (Basic Average): 35.63 Mil
  • GF Value™: C$0.18 vs. price of C$0.24 (30.6% above fair value)
  • GF Score™: 55/100 with 4 warning signs

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


WestBond Enterprises Business Description

Address 7403 Progress Way, Unit 101, Delta, BC, CAN, V4G 1E7
WestBond Enterprises Corp is mainly engaged in manufacturing and selling disposable paper products for medical, hygienic, and industrial uses. The company operates in a single segment of Disposable Paper Products. Its products are categorized under Personal hygiene, Clinical, Wipes, Non-Wipe air-laid, and Other products. The company's product pipeline includes examination table paper, and others.
55GF Score

Get the complete analysis for TSXV:WBE

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

C$0.24
Price
C$0.18
GF Value