LSB (LakeShore Biopharma Co) 3-Year Share Buyback Ratio : -27.30% (As of Sep. 2024)

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What is LakeShore Biopharma Co 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. LakeShore Biopharma Co's current 3-Year Share Buyback Ratio was -27.30%.

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

LSB' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -27.3 Med: -27.3 Max: -27.3
Current: -27.3

During the past 4 years, LakeShore Biopharma Co's highest 3-Year Share Buyback Ratio was -27.30%. The lowest was -27.30%. And the median was -27.30%.

LSB's 3-Year Share Buyback Ratio is ranked worse than
75.21% of 1291 companies
in the Biotechnology industry
Industry Median: -10.3 vs LSB: -27.30

Competitive Comparison of LakeShore Biopharma Co's 3-Year Share Buyback Ratio

For the Biotechnology subindustry, LakeShore Biopharma Co'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.

LakeShore Biopharma Co's 3-Year Share Buyback Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, LakeShore Biopharma Co's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where LakeShore Biopharma Co's 3-Year Share Buyback Ratio falls into.

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LakeShore Biopharma Co 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.

LakeShore Biopharma Co (NAS:LSB) 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.

LakeShore Biopharma Co 3-Year Share Buyback Ratio Related Terms

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

LakeShore Biopharma Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » LakeShore Biopharma Co Ltd (NAS:LSB) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

H6Z0:Germany

Address

38 Yongda Road, Building No. 2, Daxing Biomedical Industry Park, Daxing District, Beijing, CHN, 102629

Website

https://www.lakeshorebio.com

LakeShore Biopharma Co Ltd is a biopharmaceutical company dedicated to discovering, developing, manufacturing, and delivering new generations of vaccines and therapeutic biologics for infectious diseases and cancer. It has developed a proprietary PIKA immunomodulating technology platform and a new generation of preventive and therapeutic biologics targeting Rabies, Coronavirus, Hepatitis B, Influenza, Shingles, and other virus infections. The company operates in China, the United States, Singapore, and the Philippines.