Consolidated Media Holdings (ASX:PB1) Shares Outstanding (Diluted Average): 561.84 Mil (As of Jun. 2012)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

What is Consolidated Media Holdings Shares Outstanding (Diluted Average)?

Consolidated Media Holdings ASX:PB1 Shares Outstanding (Diluted Average) is 561.84 Mil as of Jun. 2012.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Consolidated Media Holdings's average diluted shares outstanding for the quarter that ended in Jun. 2012 was 561.84 Mil.

Consolidated Media Holdings  (ASX:PB1) Shares Outstanding (Diluted 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.

Consolidated Media Holdings Shares Outstanding (Diluted Average) Related Terms

Consolidated Media Holdings Shares Outstanding (Diluted Average) Historical Data

* Premium members only.

The historical data trend for Consolidated Media Holdings's Shares Outstanding (Diluted 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.

Consolidated Media Holdings Shares Outstanding (Diluted Average) Chart

Consolidated Media Holdings Annual Data
Trend Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
Shares Outstanding (Diluted Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 689.21 689.68 641.44 570.54 561.84

Consolidated Media Holdings Semi-Annual Data
Jun95 Jun96 Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
Shares Outstanding (Diluted 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 689.21 689.68 641.44 570.54 561.84

Consolidated Media Holdings Shares Outstanding (Diluted 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 (Diluted Average) of 561.84 Mil mean?
Consolidated Media Holdings (ASX:PB1) has a Shares Outstanding (Diluted Average) of 561.84 Mil as of Jun. 2012. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Consolidated Media Holdings and its competitors.
Is Consolidated Media Holdings' Shares Outstanding (Diluted Average) too high?
Consolidated Media Holdings' current Shares Outstanding (Diluted Average) is 561.84 Mil.
How does Consolidated Media Holdings' Shares Outstanding (Diluted Average) compare to competitors?
Consolidated Media Holdings' Shares Outstanding (Diluted Average) of 561.84 Mil can be compared against companies in the Media - Diversified 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 (Diluted Average) for a Media - Diversified company?
A good Shares Outstanding (Diluted Average) depends on the Media - Diversified industry context. However, Shares Outstanding (Diluted 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 (Diluted Average) mean?
A high Shares Outstanding (Diluted Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Consolidated Media Holdings and its competitors. Consolidated Media Holdings's current Shares Outstanding (Diluted Average) is 561.84 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Consolidated Media Holdings stock overvalued right now?
Consolidated Media Holdings (ASX:PB1) has a current Shares Outstanding (Diluted Average) of 561.84 Mil. The current Shares Outstanding (Diluted Average) is 561.84 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Diluted Average) calculated?
Shares Outstanding (Diluted Average) is calculated from a company's financial statements. For Consolidated Media Holdings (ASX:PB1), the current Shares Outstanding (Diluted Average) is 561.84 Mil as of Jun. 2012. 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.

Consolidated Media Holdings Business Description