GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Dong Yang Steel Pipe Co Ltd (XKRX:008970) » Definitions » 10-Year Share Buyback Ratio

Dong Yang Steel Pipe Co (XKRX:008970) 10-Year Share Buyback Ratio : -4.60% (As of Dec. 2024)


View and export this data going back to 1977. Start your Free Trial

What is Dong Yang Steel Pipe Co 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. Dong Yang Steel Pipe Co's current 10-Year Share Buyback Ratio was -4.60%.

XKRX:008970's 10-Year Share Buyback Ratio is ranked worse than
71.55% of 362 companies
in the Steel industry
Industry Median: -1.7 vs XKRX:008970: -4.60

Competitive Comparison of Dong Yang Steel Pipe Co's 10-Year Share Buyback Ratio

For the Steel subindustry, Dong Yang Steel Pipe Co'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.


Dong Yang Steel Pipe Co's 10-Year Share Buyback Ratio Distribution in the Steel Industry

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

* The bar in red indicates where Dong Yang Steel Pipe Co's 10-Year Share Buyback Ratio falls into.


;
;

Dong Yang Steel Pipe Co 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.


Dong Yang Steel Pipe Co (XKRX:008970) 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.


Dong Yang Steel Pipe Co 10-Year Share Buyback Ratio Related Terms

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


Dong Yang Steel Pipe Co Business Description

Traded in Other Exchanges
N/A
Address
57, Namgwan-ri, Pungse-myeon, Dongnam-gu, Cheonan-si, Chungcheongnam-do, KOR, 330-911
Dong Yang Steel Pipe Co Ltd is a manufacturer of steel pipes. The company's main products include: polyethylene/ FBE coated steel pipe, polyurea coated steel pipes for water services, steel pipes piles and steel pipes for oil and gas transport.

Dong Yang Steel Pipe Co Headlines

No Headlines