Jamaica Stock Exchange (XJAM:JSE) Shares Outstanding (Basic Average): 701 Mil (As of Dec. 2023)


XJAM:JSE Jamaica Stock Exchange Ltd XJAM:JSE
22 GF Score
Price JMD9.99
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What is Jamaica Stock Exchange Shares Outstanding (Basic Average)?

Jamaica Stock Exchange XJAM:JSE -0.20% 22 Shares Outstanding (Basic Average) is 701 Mil as of Dec. 2023. GuruFocus rates XJAM:JSE with a GF Score™ of 22/100.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Jamaica Stock Exchange's average basic shares outstanding for the quarter that ended in Dec. 2023 was 701 Mil.

Jamaica Stock Exchange  (XJAM:JSE) 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.

Jamaica Stock Exchange Shares Outstanding (Basic Average) Related Terms

Jamaica Stock Exchange Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Jamaica Stock Exchange'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.

Jamaica Stock Exchange Shares Outstanding (Basic Average) Chart

Jamaica Stock Exchange Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 701.25 701.25 701.25 701.25 701.25

Jamaica Stock Exchange Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 701.25 701.25 701.25 701.25 701.25
XJAM:JSE
22GF Score
Jamaica Stock Exchange Ltd XJAM:JSE
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Jamaica Stock Exchange 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 701 Mil mean?
Jamaica Stock Exchange (XJAM:JSE) has a Shares Outstanding (Basic Average) of 701 Mil as of Dec. 2023. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Jamaica Stock Exchange and its competitors.
Is Jamaica Stock Exchange's Shares Outstanding (Basic Average) too high?
Jamaica Stock Exchange's current Shares Outstanding (Basic Average) is 701 Mil. Overall, Jamaica Stock Exchange has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Jamaica Stock Exchange's Shares Outstanding (Basic Average) compare to SPGI and ICE?
Jamaica Stock Exchange's Shares Outstanding (Basic Average) of 701 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Shares Outstanding (Basic Average) depends on the Capital Markets 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 Jamaica Stock Exchange and its competitors. Jamaica Stock Exchange's current Shares Outstanding (Basic Average) is 701 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jamaica Stock Exchange stock overvalued right now?
Jamaica Stock Exchange (XJAM:JSE) has a current Shares Outstanding (Basic Average) of 701 Mil. The current Shares Outstanding (Basic Average) is 701 Mil. Jamaica Stock Exchange's overall GF Score™ is 22/100. 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 Jamaica Stock Exchange (XJAM:JSE), the current Shares Outstanding (Basic Average) is 701 Mil as of Dec. 2023. 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.

Jamaica Stock Exchange Business Description

Address 40 Harbour Street, P.O. Box 1084, Kingston, JAM
Jamaica Stock Exchange Ltd operates and regulates a stock exchange and develops a stock market in Jamaica. Through its subsidiary, the company is also establishing and maintaining a Central Securities Depository in Jamaica to facilitate the transfer of ownership of securities. Its operating segments are Exchange operations; JCSD services; Investments; and Trustee, custodian, company management, and other activities. It derives a portion of the revenue from the Exchange operations involving the Stock exchange's operation and regulation. Another critical revenue source is from JCSD services provided in connection with transferring and holding securities, shares, stocks, bonds, debentures, and registrar services. The firm's operations are in Jamaica.
22GF 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.

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