Thai Rayon PCL (BKK:TR) 3-Year Share Buyback Ratio : 0.00% (As of Dec. 2024)

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What is Thai Rayon PCL 3-Year Share Buyback Ratio?

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

3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three 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. Thai Rayon PCL's current 3-Year Share Buyback Ratio was 0.00%.

The historical rank and industry rank for Thai Rayon PCL's 3-Year Share Buyback Ratio or its related term are showing as below:

During the past 13 years, Thai Rayon PCL's highest 3-Year Share Buyback Ratio was 0.00%. The lowest was 0.00%. And the median was 0.00%.

BKK:TR's 3-Year Share Buyback Ratio is not ranked ^*
in the Manufacturing - Apparel & Accessories industry.
Industry Median: -1.05
* Ranked among companies with meaningful 3-Year Share Buyback Ratio only.

Competitive Comparison of Thai Rayon PCL's 3-Year Share Buyback Ratio

For the Textile Manufacturing subindustry, Thai Rayon PCL's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-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.

Thai Rayon PCL's 3-Year Share Buyback Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Thai Rayon PCL's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Thai Rayon PCL's 3-Year Share Buyback Ratio falls into.

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Thai Rayon PCL 3-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four 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.

Thai Rayon PCL (BKK:TR) 3-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.

Thai Rayon PCL 3-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of Thai Rayon PCL's 3-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Thai Rayon PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Thai Rayon PCL (BKK:TR) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

TR-R:Thailand

Address

Ploenchit Road, 16th Floor, 888/160-1 Mahatun Plaza Building, Lumpini, Pathumwan, Bangkok, THA, 10330

Website

https://www.thairayon.com

Thai Rayon PCL is a company based in Thailand that mainly manufactures viscose rayon staple fiber and anhydrous sodium sulphate for sale in domestic and export markets. The company also produces anhydrous sodium sulphate as a by-product, which is widely used in Thailand by detergent, pulp, glass, leather, and textile industries. Thai Rayon has made investments in backward and forward integration projects in Thailand, Indonesia, Laos, China, and Canada, as well as various diversification projects in Thailand and overseas. The company's operations focus on a single industry segment, which is the manufacturing and distribution of viscose rayon staple fiber and by-products for both domestic and export markets.