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Pritika Engineering Components (NSE:PRITIKA) Buyback Yield % : -14.42 (As of Jun. 18, 2024)


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What is Pritika Engineering Components Buyback Yield %?

Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

Pritika Engineering Components's current buyback yield was -14.42%.

Pritika Engineering Components Buyback Yield % Historical Data

The historical data trend for Pritika Engineering Components's Buyback Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Pritika Engineering Components Buyback Yield % Chart

Pritika Engineering Components Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Buyback Yield %
- - - -27.43

Pritika Engineering Components Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23
Buyback Yield % - - - - 50.19

Competitive Comparison of Pritika Engineering Components's Buyback Yield %

For the Auto Parts subindustry, Pritika Engineering Components's Buyback Yield %, along with its competitors' market caps and Buyback Yield % 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.

Pritika Engineering Components's Buyback Yield % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Pritika Engineering Components's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Pritika Engineering Components's Buyback Yield % falls into.


Pritika Engineering Components Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Pritika Engineering Components's Buyback Yield for the fiscal year that ended in Mar. 2023 is calculated as

Buyback Yield=Net Issuance of Stock / Market Cap
=- (Repurchase of Stock + Issuance of Stock) / Market Cap
=- (0 + 75.815) / 276.4155
=-27.43%

Pritika Engineering Components's annualized Buyback Yield for the quarter that ended in Mar. 2023 is calculated as

Buyback Yield=Net Issuance of Stock(Annualized) / Market Cap
=- (Repurchase of Stock + Issuance of Stock) * Annualized Factor / Market Cap
=- (0 + -69.361) * 2 / 276.4155
=50.19%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In calculating the annualized semi-annual data, the Repurchase of Stock and Issuance of Stock data used here is two times the semi-annual (Mar. 2023) data.

Pritika Engineering Components Buyback Yield % Related Terms

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Pritika Engineering Components (NSE:PRITIKA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Pritika Engineering Components Ltd (NSE:PRITIKA) » Definitions » Buyback Yield %
Comparable Companies
BOM:539040 BOM:505712 BOM:505075 BOM:542932 BOM:505893 BOM:539353 BOM:540653 BOM:523248 BOM:542459 NSE:PRECISION TSE:6902 MBLY TSE:5108 APTV XPAR:ML ISX:ASII XKRX:012330 TSX:MG XTER:CON SHSE:600660
Traded in Other Exchanges
N/A
Address
Industrial Area, S.A.S Nagar, Plot No.C-94, Phase-VII, Mohali, PB, IND, 160055
Website
https://www.pritikaengineering.com
Pritika Engineering Components Ltd is engaged in the business of manufacturing precision-machined components for the automotive industry, especially for tractors, trucks, and other commercial vehicles. The company manufactures various Tractors and Automobile components like End Covers, Cover Sealed Brakes, Differential Cases, Cover Hydraulic Lift, Cover Transcase, Front Wheel hubs, Fly Wheel Housing, Rear Axle Casings, Hydraulic Lift Covers, Brake Housing, and Front Engine Supports. It manufactures customized products for tractors, commercial vehicles, and other construction equipment.

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