Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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 Melhoramentos deo Paulo's current 3-Year Share Buyback Ratio was 0.00%.
The historical rank and industry rank for CIA Melhoramentos deo Paulo's 3-Year Share Buyback Ratio or its related term are showing as below:
During the past 13 years, CIA Melhoramentos deo Paulo's highest 3-Year Share Buyback Ratio was 4.50%. The lowest was -4.40%. And the median was 0.00%.
BSP:MSPA3's 3-Year Share Buyback Ratio is not ranked *
in the Forest Products industry.
Industry Median: -0.5 * Ranked among companies with meaningful 3-Year Share Buyback Ratio only.
CIA Melhoramentos deo Paulo (BSP:MSPA3) 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 Melhoramentos deo Paulo 3-Year Share Buyback Ratio Related Terms
BSP:MSPA3 vs SSD, UFPI, BCC: 3-Year Share Buyback Ratio Comparison
For the Lumber & Wood Production subindustry, CIA Melhoramentos deo Paulo'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 Melhoramentos deo Paulo 3-Year Share Buyback Ratio vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, CIA Melhoramentos deo Paulo's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where CIA Melhoramentos deo Paulo's 3-Year Share Buyback Ratio falls into.
CIA Melhoramentos deo Paulo 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 Melhoramentos deo Paulo (BSP:MSPA3) 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 Melhoramentos deo Paulo and its competitors. According to the industry distribution chart, CIA Melhoramentos deo Paulo ranks #999999 out of 125 companies in the Forest Products industry.
Is CIA Melhoramentos deo Paulo's 3-Year Share Buyback Ratio too high?
CIA Melhoramentos deo Paulo's current 3-Year Share Buyback Ratio is 0.00. Based on the distribution chart, CIA Melhoramentos deo Paulo ranks #999999 out of 125 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, CIA Melhoramentos deo Paulo has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CIA Melhoramentos deo Paulo's 3-Year Share Buyback Ratio compare to SSD and UFPI?
According to the Forest Products industry distribution chart, CIA Melhoramentos deo Paulo ranks #999999 out of 125 companies for 3-Year Share Buyback Ratio. This places CIA Melhoramentos deo Paulo 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 a Forest Products company?
A good 3-Year Share Buyback Ratio depends on the Forest Products 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 Melhoramentos deo Paulo and its competitors. CIA Melhoramentos deo Paulo'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 Melhoramentos deo Paulo stock overvalued right now?
Based on GuruFocus' analysis, CIA Melhoramentos deo Paulo (BSP:MSPA3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$45.62, compared to a current price of R$37.40 — trading 18% below its estimated fair value. The current 3-Year Share Buyback Ratio is 0.00. CIA Melhoramentos deo Paulo's overall GF Score™ is 53/100 with 5 warning signs 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 Melhoramentos deo Paulo (BSP:MSPA3), 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 Melhoramentos deo Paulo (BSP:MSPA3) Overvalued in 2026?
Based on GuruFocus' analysis, CIA Melhoramentos deo Paulo stock appears to be undervalued.
The current stock price of R$37.40 is trading 18% below its estimated GF Value™ of R$45.62.
GuruFocus considers CIA Melhoramentos deo Paulo to be Modestly Undervalued.
Key valuation signals for BSP:MSPA3:
3-Year Share Buyback Ratio: 0.00
GF Value™: R$45.62 vs. price of R$37.40 (18% below fair value)
No single metric tells the full story. See the BSP:MSPA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CIA Melhoramentos de Sao Paulo primarily engages in publishing business in Brazil. It offers paperback and digital books primarily for children, teenagers, and schools; cooking books; and customized books for companies. The company also engages in developing and maintaining forests; conducting reforestation activities of pines and eucalyptus; and urban, industrial, or infrastructure projects of real estate development. In addition, it is involved in the production of fibers, such as thermo ground wood, Bleached Thermo Ground Wood and Neolux Fibers, used as raw material for the production of paperboard, tissue and special papers.
53GF Score
Get the complete analysis for BSP:MSPA3
3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BSP:MSPA3 has been successfully added to your 
