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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. CIA Distrib de Gas do Rio de Janeiro - CEG's current 3-Year Share Buyback Ratio was 0.00%.
BSP:CEGR3's 3-Year Share Buyback Ratio is not ranked *
in the Utilities - Regulated industry.
Industry Median: -1.7 * Ranked among companies with meaningful 3-Year Share Buyback Ratio only.
CIA Distrib de Gas do Rio de Janeiro - CEG (BSP:CEGR3) 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.
CIA Distrib de Gas do Rio de Janeiro - CEG 3-Year Share Buyback Ratio Related Terms
BSP:CEGR3 vs ATO, NI, UGI: 3-Year Share Buyback Ratio Comparison
For the Utilities - Regulated Gas subindustry, CIA Distrib de Gas do Rio de Janeiro - CEG'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.
CIA Distrib de Gas do Rio de Janeiro - CEG 3-Year Share Buyback Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, CIA Distrib de Gas do Rio de Janeiro - CEG's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where CIA Distrib de Gas do Rio de Janeiro - CEG's 3-Year Share Buyback Ratio falls into.
CIA Distrib de Gas do Rio de Janeiro - CEG 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.
What does a 3-Year Share Buyback Ratio of 0.00 mean?
CIA Distrib de Gas do Rio de Janeiro - CEG (BSP:CEGR3) has a 3-Year Share Buyback Ratio of 0.00 as of Jun. 2026. The 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. View historical data for CIA Distrib de Gas do Rio de Janeiro - CEG and its competitors. According to the industry distribution chart, CIA Distrib de Gas do Rio de Janeiro - CEG ranks #999999 out of 231 companies in the Utilities - Regulated industry.
Is CIA Distrib de Gas do Rio de Janeiro - CEG's 3-Year Share Buyback Ratio too high?
CIA Distrib de Gas do Rio de Janeiro - CEG's current 3-Year Share Buyback Ratio is 0.00. Based on the distribution chart, CIA Distrib de Gas do Rio de Janeiro - CEG ranks #999999 out of 231 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, CIA Distrib de Gas do Rio de Janeiro - CEG has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CIA Distrib de Gas do Rio de Janeiro - CEG's 3-Year Share Buyback Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, CIA Distrib de Gas do Rio de Janeiro - CEG ranks #999999 out of 231 companies for 3-Year Share Buyback Ratio. This places CIA Distrib de Gas do Rio de Janeiro - CEG in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for an Utilities - Regulated company?
A good 3-Year Share Buyback Ratio depends on the Utilities - Regulated industry context. However, 3-Year 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-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 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. View historical data for CIA Distrib de Gas do Rio de Janeiro - CEG and its competitors. CIA Distrib de Gas do Rio de Janeiro - CEG's current 3-Year 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 CIA Distrib de Gas do Rio de Janeiro - CEG stock overvalued right now?
Based on GuruFocus' analysis, CIA Distrib de Gas do Rio de Janeiro - CEG (BSP:CEGR3) is currently considered Modestly Overvalued. The stock's GF Value™ is R$48.91, compared to a current price of R$57.00 — trading 16.5% above its estimated fair value. The current 3-Year Share Buyback Ratio is 0.00. CIA Distrib de Gas do Rio de Janeiro - CEG's overall GF Score™ is 71/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For CIA Distrib de Gas do Rio de Janeiro - CEG (BSP:CEGR3), the current 3-Year Share Buyback Ratio is 0.00 as of Jun. 2026. 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.
Is CIA Distrib de Gas do Rio de Janeiro - CEG (BSP:CEGR3) Overvalued in 2026?
Based on GuruFocus' analysis, CIA Distrib de Gas do Rio de Janeiro - CEG stock appears to be overvalued.
The current stock price of R$57.00 is trading 16.5% above its estimated GF Value™ of R$48.91.
GuruFocus considers CIA Distrib de Gas do Rio de Janeiro - CEG to be Modestly Overvalued.
Key valuation signals for BSP:CEGR3:
3-Year Share Buyback Ratio: 0.00
GF Value™: R$48.91 vs. price of R$57.00 (16.5% above fair value)
No single metric tells the full story. See the BSP:CEGR3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CIA Distrib de Gas do Rio de Janeiro - CEG operate as a public gas services, of any type and origin, in the State of Rio de Janeiro and to explore, exclusively, the distribution of piped gas. It distributes natural gas for the residential, commercial, industrial, electrical power generation sectors and also for compressed natural gas stations.
71GF Score
Get the complete analysis for BSP:CEGR3
3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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