Tata Steel (BOM:500470) 3-Year Share Buyback Ratio : -1.20% (As of Dec. 2024)

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What is Tata Steel 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. Tata Steel's current 3-Year Share Buyback Ratio was -1.20%.

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

BOM:500470' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -15.2 Med: -5.7 Max: -0.5
Current: -1.2

During the past 13 years, Tata Steel's highest 3-Year Share Buyback Ratio was -0.50%. The lowest was -15.20%. And the median was -5.70%.

BOM:500470's 3-Year Share Buyback Ratio is ranked worse than
52.79% of 269 companies
in the Steel industry
Industry Median: -0.7 vs BOM:500470: -1.20

Competitive Comparison of Tata Steel's 3-Year Share Buyback Ratio

For the Steel subindustry, Tata Steel'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.

Tata Steel's 3-Year Share Buyback Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tata Steel's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Tata Steel's 3-Year Share Buyback Ratio falls into.

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Tata Steel 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.

Tata Steel (BOM:500470) 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.

Tata Steel 3-Year Share Buyback Ratio Related Terms

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

Tata Steel Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Tata Steel Ltd (BOM:500470) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

TATASTEEL:India TTSTl:UK TTST:UK HWHG:Germany HWHG:Germany

Address

24 Homi Mody Street, Bombay House, Fort, Mumbai, MH, IND, 400 001

Website

https://www.tatasteel.com

Tata Steel Ltd is an India-based company that is engaged in the production and marketing of various steel products. Its products are basically classified into flat products and construction products. Flat products include hot-rolled steel, cold-rolled steel, metallic-coated steel, direct-coated steel, tubes, packaging steel, electro-plated steel, and narrow strips. Its segments include Tata Steel India, Neelachal Ispat Nigam Limited, Other Indian operations, Tata Steel Europe, Other trade related operations, South-East Asian operations, and Rest of the world. It generates the majority of its revenue from the Tata Steel India segment.

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