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Dr. Lal PathLabs (BOM:539524) 3-Year Share Buyback Ratio : -0.20% (As of Mar. 2025)


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What is Dr. Lal PathLabs 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. Dr. Lal PathLabs's current 3-Year Share Buyback Ratio was -0.20%.

The historical rank and industry rank for Dr. Lal PathLabs's 3-Year Share Buyback Ratio or its related term are showing as below:

BOM:539524' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -0.5   Med: -0.1   Max: 0.2
Current: -0.2

During the past 13 years, Dr. Lal PathLabs's highest 3-Year Share Buyback Ratio was 0.20%. The lowest was -0.50%. And the median was -0.10%.

BOM:539524's 3-Year Share Buyback Ratio is ranked better than
71.58% of 183 companies
in the Medical Diagnostics & Research industry
Industry Median: -3 vs BOM:539524: -0.20

Competitive Comparison of Dr. Lal PathLabs's 3-Year Share Buyback Ratio

For the Diagnostics & Research subindustry, Dr. Lal PathLabs'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.


Dr. Lal PathLabs's 3-Year Share Buyback Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Dr. Lal PathLabs's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Dr. Lal PathLabs's 3-Year Share Buyback Ratio falls into.


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Dr. Lal PathLabs 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.


Dr. Lal PathLabs (BOM:539524) 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.


Dr. Lal PathLabs 3-Year Share Buyback Ratio Related Terms

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Dr. Lal PathLabs Business Description

Traded in Other Exchanges
Address
12th Floor, Tower B, SAS Tower, Sector 38, Medicity, Gurugram, HR, IND, 122 001
Dr. Lal PathLabs Ltd is a pathology lab based in India. It is involved in providing diagnostic services and other healthcare tests in the area of pathology and radiology. The company operates laboratories for carrying out pathological diagnostic services in various branches of biochemistry, hematology, histopathology, microbiology, electrophoresis, immunochemistry, immunology, virology, cytology, and other pathological and radiological investigations. Its diagnostic services assist to prevent, monitor and treat diseases and improving health conditions. The company has business operations in India and other countries, of which maximum revenue is generated within India.

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