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Mukand (BOM:500460) 10-Year Share Buyback Ratio : -0.20% (As of Dec. 2024)


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What is Mukand 10-Year Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

10-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past ten years. It is calculated as the annualized percentage change in shares outstanding from ten years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Mukand's current 10-Year Share Buyback Ratio was -0.20%.

BOM:500460's 10-Year Share Buyback Ratio is ranked better than
70.72% of 362 companies
in the Steel industry
Industry Median: -1.7 vs BOM:500460: -0.20

Competitive Comparison of Mukand's 10-Year Share Buyback Ratio

For the Steel subindustry, Mukand's 10-Year Share Buyback Ratio, along with its competitors' market caps and 10-Year Share Buyback Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mukand's 10-Year Share Buyback Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mukand's 10-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Mukand's 10-Year Share Buyback Ratio falls into.


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Mukand 10-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from ten years ago to the current year. The annualized percentage change is calculated with least-square regression based on the eleven years of annual data on Shares Outstanding (EOP).

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Mukand (BOM:500460) 10-Year Share Buyback Ratio Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.


Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.


Mukand 10-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of Mukand's 10-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Mukand Business Description

Industry
Traded in Other Exchanges
Address
Bajaj Bhawan, Jamnalal Bajaj Marg, 3rd floor, 226, Nariman Point, Mumbai, MH, IND, 400021
Mukand Ltd is engaged in the manufacturing of alloy and stainless steel long products in India. The business activity of the firm is operated through Specialty Steel, Industrial Machinery & Engineering Contracts, and Other segments. The products in the steel segment include billets, blooms, rounds, wire rods, bars, alloy steel, stainless steel, and others. Industrial machinery and engineering segment of the company includes steel structurals, material handling equipment, processing plant and equipment, and others. The company is also engaged in Road Construction and property development activities through the Others segment. The company derives maximum revenue from the Specialty steel segment.

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