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Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Queen's Road Capital Investment's average diluted shares outstanding for the quarter that ended in May. 2026 was 51.78 Mil.
Queen's Road Capital Investment (TSX:QRC) 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.
Queen's Road Capital Investment Shares Outstanding (Diluted Average) Related Terms
Queen's Road Capital Investment Shares Outstanding (Diluted 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.
Queen's Road Capital Investment Shares Outstanding (Diluted Average) Chart
Queen's Road Capital Investment 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 51.78 Mil mean?
Queen's Road Capital Investment (TSX:QRC) has a Shares Outstanding (Diluted Average) of 51.78 Mil as of May. 2026. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Queen's Road Capital Investment and its competitors.
Is Queen's Road Capital Investment's Shares Outstanding (Diluted Average) too high?
Queen's Road Capital Investment's current Shares Outstanding (Diluted Average) is 51.78 Mil. Overall, Queen's Road Capital Investment has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Queen's Road Capital Investment's Shares Outstanding (Diluted Average) compare to BLK and BX?
Queen's Road Capital Investment's Shares Outstanding (Diluted Average) of 51.78 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good Shares Outstanding (Diluted Average) depends on the Asset Management 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 Queen's Road Capital Investment and its competitors. Queen's Road Capital Investment's current Shares Outstanding (Diluted Average) is 51.78 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Queen's Road Capital Investment stock overvalued right now?
Based on GuruFocus' analysis, Queen's Road Capital Investment (TSX:QRC) is currently considered Modestly Overvalued. The stock's GF Value™ is C$12.42, compared to a current price of C$13.99 — trading 12.6% above its estimated fair value. The current Shares Outstanding (Diluted Average) is 51.78 Mil. Queen's Road Capital Investment's overall GF Score™ is 73/100 with 6 warning signs to review. 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 Queen's Road Capital Investment (TSX:QRC), the current Shares Outstanding (Diluted Average) is 51.78 Mil as of May. 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 Queen's Road Capital Investment (TSX:QRC) Overvalued in 2026?
Based on GuruFocus' analysis, Queen's Road Capital Investment stock appears to be overvalued.
The current stock price of C$13.99 is trading 12.6% above its estimated GF Value™ of C$12.42.
GuruFocus considers Queen's Road Capital Investment to be Modestly Overvalued.
Key valuation signals for TSX:QRC:
Shares Outstanding (Diluted Average): 51.78 Mil
GF Value™: C$12.42 vs. price of C$13.99 (12.6% above fair value)
No single metric tells the full story. See the TSX:QRC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Queen's Road Capital Investment Ltd is a resource-focused investment company listed in Hong Kong. It invests in both privately held and publicly traded resource companies, operating as a single segment focused on the selection, acquisition, and management of investments. The company primarily targets convertible debt securities and equity positions in resource projects that are in development or production, favoring jurisdictions considered politically stable. Its portfolio spans mining and metals companies, with holdings across regions including Africa, Australia, and the Americas. Queen's Road Capital seeks long-term capital appreciation rather than short-term trading gains, often providing financing to junior and mid-tier resource firms in exchange for convertible instruments that offer both downside protection and equity upside. Revenue is generated through interest income on its debt holdings, dividends, and realized gains on investments. The company is managed internally and maintains a concentrated portfolio of positions in the natural resources sector.
73GF Score
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Shares Outstanding (Diluted Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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