Also called share count

Shares outstanding

The share count that converts a whole-company equity value into a per-share figure. Getting it wrong scales every valuation by exactly the same error.

A fuller explanation of this one is still being written. The definition above is the short answer.

See also

  • Equity valueWhat is left for shareholders once the lenders have been paid.
  • Intrinsic valueAngie's estimate of what one share is worth, built from the company's own cash rather than from what anyone will pay. Compare it to today's price.
  • Market capWhat the market currently values the equity at.

Educational content, not investment advice. Angie explains how a valuation is built so you can judge it yourself. What you do with that is your call.

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