Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Sikhar Insurance Co.Ltd's average basic shares outstanding for the quarter that ended in Apr. 2026 was 23 Mil.
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.
Sikhar Insurance Co.Ltd Shares Outstanding (Basic Average) Related Terms
Sikhar Insurance Co.Ltd Shares Outstanding (Basic Average) Historical Data
* Premium members only.
The historical data trend for Sikhar Insurance Co.Ltd'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.
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 23 Mil mean?
Sikhar Insurance Co.Ltd (XNEP:SICL) has a Shares Outstanding (Basic Average) of 23 Mil as of Apr. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Sikhar Insurance Co.Ltd and its competitors.
Is Sikhar Insurance Co.Ltd's Shares Outstanding (Basic Average) too high?
Sikhar Insurance Co.Ltd's current Shares Outstanding (Basic Average) is 23 Mil. Overall, Sikhar Insurance Co.Ltd has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sikhar Insurance Co.Ltd's Shares Outstanding (Basic Average) compare to CB and PGR?
Sikhar Insurance Co.Ltd's Shares Outstanding (Basic Average) of 23 Mil can be compared against companies in the Insurance 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 Insurance company?
A good Shares Outstanding (Basic Average) depends on the Insurance 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 Sikhar Insurance Co.Ltd and its competitors. Sikhar Insurance Co.Ltd's current Shares Outstanding (Basic Average) is 23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sikhar Insurance Co.Ltd stock overvalued right now?
Based on GuruFocus' analysis, Sikhar Insurance Co.Ltd (XNEP:SICL) is currently considered Modestly Undervalued. The stock's GF Value™ is NPR760.79, compared to a current price of NPR615.00 — trading 19.2% below its estimated fair value. The current Shares Outstanding (Basic Average) is 23 Mil. Sikhar Insurance Co.Ltd's overall GF Score™ is 87/100 with 5 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 Sikhar Insurance Co.Ltd (XNEP:SICL), the current Shares Outstanding (Basic Average) is 23 Mil as of Apr. 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 Sikhar Insurance Co.Ltd (XNEP:SICL) Overvalued in 2026?
Based on GuruFocus' analysis, Sikhar Insurance Co.Ltd stock appears to be undervalued.
The current stock price of NPR615.00 is trading 19.2% below its estimated GF Value™ of NPR760.79.
GuruFocus considers Sikhar Insurance Co.Ltd to be Modestly Undervalued.
Key valuation signals for XNEP:SICL:
Shares Outstanding (Basic Average): 23 Mil
GF Value™: NPR760.79 vs. price of NPR615.00 (19.2% below fair value)
No single metric tells the full story. See the XNEP:SICL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sikhar Insurance Co.Ltd is engaged in providing non-life insurance services. The company's operating segments include fire; marine; motor; engineering; micro; aviation; cattle and crop and miscellaneous. It generates maximum revenue from the motor segment. The company offers Agri Insurance; Aviation Insurance; Banker's Indemnity Insurance; Cash in Transit; Duty Insurance; Fidelity Guarantee; Fire and Allied Peril; Group Medical; Group Personal Accident; Household Insurance; Secure Mind Insurance and others.
87GF Score
Get the complete analysis for XNEP:SICL
Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XNEP:SICL has been successfully added to your 
