MEIL (Methes Energies International) 3-Month Share Buyback Ratio: 0.00% (As of Aug. 2023 )

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What is Methes Energies International 3-Month Share Buyback Ratio?

Methes Energies International MEIL 3-Month Share Buyback Ratio is 0.00 as of Aug. 2023.

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. Methes Energies International's current 3-Month Share Buyback Ratio was 0.00%.

Methes Energies International  (OTCPK:MEIL) 3-Month Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.

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.

Methes Energies International 3-Month Share Buyback Ratio Related Terms

MEIL vs PARG, WWSG, BBOE: 3-Month Share Buyback Ratio Comparison

For the Shell Companies subindustry, Methes Energies International's 3-Month Share Buyback Ratio, along with its competitors' market caps and 3-Month 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.

Methes Energies International 3-Month Share Buyback Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Methes Energies International's 3-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Methes Energies International's 3-Month Share Buyback Ratio falls into.


Methes Energies International 3-Month Share Buyback Ratio Calculation

Methes Energies International's 3-Month Share Buyback Ratio for the quarter that ended in Aug. 2023 is calculated as

3-Month Share Buyback Ratio=(Shares Outstanding (EOP) (May. 2023 ) - Shares Outstanding (EOP) (Aug. 2023 )) / Shares Outstanding (EOP) (May. 2023 )
=(93.832 - 93.832) / 93.832
=0.00%

* 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.

What does a 3-Month Share Buyback Ratio of 0.00 mean?
Methes Energies International (MEIL) has a 3-Month Share Buyback Ratio of 0.00 as of Aug. 2023. The 3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. View historical data for Methes Energies International and its competitors.
Is Methes Energies International's 3-Month Share Buyback Ratio too high?
Methes Energies International's current 3-Month Share Buyback Ratio is 0.00.
How does Methes Energies International's 3-Month Share Buyback Ratio compare to PARG and WWSG?
Methes Energies International's 3-Month Share Buyback Ratio of 0.00 can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Month Share Buyback Ratio for a Diversified Financial Services company?
A good 3-Month Share Buyback Ratio depends on the Diversified Financial Services industry context. However, 3-Month Share Buyback Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Month Share Buyback Ratio mean?
A high 3-Month Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. View historical data for Methes Energies International and its competitors. Methes Energies International's current 3-Month Share Buyback Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Methes Energies International stock overvalued right now?
Methes Energies International (MEIL) has a current 3-Month Share Buyback Ratio of 0.00. The current 3-Month Share Buyback Ratio is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Month Share Buyback Ratio calculated?
3-Month Share Buyback Ratio is calculated from a company's financial statements. For Methes Energies International (MEIL), the current 3-Month Share Buyback Ratio is 0.00 as of Aug. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Methes Energies International Business Description

Address 1208 Celebration Avenue, Celebration, FL, USA, 34747
Methes Energies International Ltd produces and sells a line of fully biodegradable lubricants. It has an extensive line of plant-based biodegradable fluid products to replace petroleum-based products which are Hydraulic Fluid, Engine Oil (auto and light trucks), Heavy-duty diesel oils, Small engine oils, Chainsaw Bar and Chain Oil, Transformer oils, Marine oils light and heavy.