Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Munchener Ruckversicherungs-Gesellschaft AG's average basic shares outstanding for the quarter that ended in Mar. 2026 was 127 Mil.
Munchener Ruckversicherungs-Gesellschaft AG (XSWX:MUV2) 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.
Munchener Ruckversicherungs-Gesellschaft AG Shares Outstanding (Basic Average) Related Terms
Munchener Ruckversicherungs-Gesellschaft AG Shares Outstanding (Basic Average) Historical Data
* 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.
Munchener Ruckversicherungs-Gesellschaft AG Shares Outstanding (Basic Average) Chart
Munchener Ruckversicherungs-Gesellschaft AG Annual Data
Munchener Ruckversicherungs-Gesellschaft AG 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 127 Mil mean?
Munchener Ruckversicherungs-Gesellschaft AG (XSWX:MUV2) has a Shares Outstanding (Basic Average) of 127 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Munchener Ruckversicherungs-Gesellschaft AG and its competitors.
Is Munchener Ruckversicherungs-Gesellschaft AG's Shares Outstanding (Basic Average) too high?
Munchener Ruckversicherungs-Gesellschaft AG's current Shares Outstanding (Basic Average) is 127 Mil. Overall, Munchener Ruckversicherungs-Gesellschaft AG has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Munchener Ruckversicherungs-Gesellschaft AG's Shares Outstanding (Basic Average) compare to RGA and EG?
Munchener Ruckversicherungs-Gesellschaft AG's Shares Outstanding (Basic Average) of 127 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 Munchener Ruckversicherungs-Gesellschaft AG and its competitors. Munchener Ruckversicherungs-Gesellschaft AG's current Shares Outstanding (Basic Average) is 127 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Munchener Ruckversicherungs-Gesellschaft AG stock overvalued right now?
Based on GuruFocus' analysis, Munchener Ruckversicherungs-Gesellschaft AG (XSWX:MUV2) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF513.84, compared to a current price of CHF438.60 — trading 14.6% below its estimated fair value. The current Shares Outstanding (Basic Average) is 127 Mil. Munchener Ruckversicherungs-Gesellschaft AG's overall GF Score™ is 84/100 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 Munchener Ruckversicherungs-Gesellschaft AG (XSWX:MUV2), the current Shares Outstanding (Basic Average) is 127 Mil as of Mar. 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 Munchener Ruckversicherungs-Gesellschaft AG (XSWX:MUV2) Overvalued in 2026?
Based on GuruFocus' analysis, Munchener Ruckversicherungs-Gesellschaft AG stock appears to be undervalued.
The current stock price of CHF438.60 is trading 14.6% below its estimated GF Value™ of CHF513.84.
GuruFocus considers Munchener Ruckversicherungs-Gesellschaft AG to be Modestly Undervalued.
Key valuation signals for XSWX:MUV2:
Shares Outstanding (Basic Average): 127 Mil
GF Value™: CHF513.84 vs. price of CHF438.60 (14.6% below fair value)
No single metric tells the full story. See the XSWX:MUV2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Munchener Ruckversicherungs-Gesellschaft AG Business Description
Munich Re was founded in 1880 by Carl Thieme amid a flurry of other reinsurance companies set up independent of primaries. In those early days, most reinsurers typically focused on a few strong customers. Thieme focused on a broader set of cedents to drive stronger growth in premiums. This coincided with a strategy of risk diversification and a preference to partner rather than take on a one-sided transfer of risk. In the 1890s, Munich Re introduced the first machinery insurance. After Thieme and Wilhelm von Fink founded Allianz, this was the main channel to sell machinery insurance. We believe the approach of partnering with insurers and preferring to avoid one-sided risk, in conjunction with combining inspection and insurance services, remains at the heart of the firm.
84GF Score
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