Signet Industries (NSE:SIGIND) 3-Year Share Buyback Ratio : 0.00% (As of Dec. 2024)

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What is Signet Industries 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. Signet Industries's current 3-Year Share Buyback Ratio was 0.00%.

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

During the past 13 years, Signet Industries's highest 3-Year Share Buyback Ratio was -0.30%. The lowest was -0.30%. And the median was -0.30%.

NSE:SIGIND's 3-Year Share Buyback Ratio is not ranked ^*
in the Conglomerates industry.
Industry Median: -0.4
* Ranked among companies with meaningful 3-Year Share Buyback Ratio only.

Competitive Comparison of Signet Industries's 3-Year Share Buyback Ratio

For the Conglomerates subindustry, Signet Industries'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.

Signet Industries's 3-Year Share Buyback Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Signet Industries's 3-Year Share Buyback Ratio distribution charts can be found below:

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

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Signet Industries 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.

Signet Industries (NSE:SIGIND) 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.

Signet Industries 3-Year Share Buyback Ratio Related Terms

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

Signet Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Signet Industries Ltd (NSE:SIGIND) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

512131:India

Address

Smart Industrial Park, Plot no. 99, Near NATRIP, Pithampur, Dhar, MP, IND, 454775

Website

https://www.groupsignet.com

Signet Industries Ltd is engaged in the business of merchant trading of all kinds of polymers and other related products. It is also involved in manufacturing micro-irrigation systems, sprinkler pipes, agro fittings, and its allied products, household, and plastic molded furnitures. Its primary segments are Manufacturing, Windmill, and Trading. The Manufacturing segment, which generates maximum revenue, comprises the manufacturing of irrigation and plastic products. Its Windmill segment includes its wind turbine power unit, and the Trading segment involves the trading of polymers and plastic granules. Geographically, the company derives a majority of its revenue from its business in India and also caters to the international markets through exports.

Signet Industries Headlines

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