BHP Group (CHIX:BHPL) 3-Year Share Buyback Ratio: -0.10% (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
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.

CHIX:BHPL BHP Group Ltd CHIX:BHPL
73 GF Score
Price £34.45
GF Value £23.24
Valuation Significantly Overvalued
! 7 Warning Signs
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What is BHP Group 3-Year Share Buyback Ratio?

BHP Group CHIX:BHPL +0.67% 73 3-Year Share Buyback Ratio is -0.10 as of Jun. 2026. GuruFocus rates CHIX:BHPL with a GF Score™ of 73/100 and a GF Value™ of £23.24 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,171 Metals & Mining companies, BHP Group ranks better than 95.16% on this metric.

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. BHP Group's current 3-Year Share Buyback Ratio was -0.10%.

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

CHIX:BHPl' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -18.9   Med: 0   Max: 2.8
Current: -0.1

During the past 13 years, BHP Group's highest 3-Year Share Buyback Ratio was 2.80%. The lowest was -18.90%. And the median was 0.00%.

CHIX:BHPl's 3-Year Share Buyback Ratio is ranked better than
95.16% of 2171 companies
in the Metals & Mining industry
Industry Median: -17.5 vs CHIX:BHPl: -0.10

BHP Group (CHIX:BHPl) 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.


BHP Group 3-Year Share Buyback Ratio Related Terms


BHP Group 3-Year Share Buyback Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, BHP Group'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.


BHP Group 3-Year Share Buyback Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, BHP Group's 3-Year Share Buyback Ratio distribution charts can be found below:

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


CHIX:BHPL
73GF Score
BHP Group Ltd CHIX:BHPL
3-Year Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BHP Group 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 -0.10 mean?
BHP Group (CHIX:BHPL) has a 3-Year Share Buyback Ratio of -0.10 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 BHP Group and its competitors. According to the industry distribution chart, BHP Group ranks #105 out of 2171 companies in the Metals & Mining industry, placing it in the top 4.8%.
Is BHP Group's 3-Year Share Buyback Ratio too high?
BHP Group's current 3-Year Share Buyback Ratio is -0.10. Based on the distribution chart, BHP Group ranks #105 out of 2171 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, BHP Group has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BHP Group's 3-Year Share Buyback Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, BHP Group ranks #105 out of 2171 companies for 3-Year Share Buyback Ratio. This places BHP Group in the top 5% of its industry — outperforming the majority of peers. 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 Metals & Mining company?
A good 3-Year Share Buyback Ratio depends on the Metals & Mining 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 BHP Group and its competitors. BHP Group's current 3-Year Share Buyback Ratio is -0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BHP Group stock overvalued right now?
Based on GuruFocus' analysis, BHP Group (CHIX:BHPL) is currently considered Significantly Overvalued. The stock's GF Value™ is £23.24, compared to a current price of £34.45 — trading 48.2% above its estimated fair value. The current 3-Year Share Buyback Ratio is -0.10. BHP Group's overall GF Score™ is 73/100 with 7 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 BHP Group (CHIX:BHPL), the current 3-Year Share Buyback Ratio is -0.10 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 BHP Group (CHIX:BHPL) Overvalued in 2026?

Based on GuruFocus' analysis, BHP Group stock appears to be overvalued. The current stock price of £34.45 is trading 48.2% above its estimated GF Value™ of £23.24. GuruFocus considers BHP Group to be Significantly Overvalued.

Key valuation signals for CHIX:BHPL:

  • 3-Year Share Buyback Ratio: -0.10
  • GF Value™: £23.24 vs. price of £34.45 (48.2% above fair value)
  • GF Score™: 73/100 with 7 warning signs

No single metric tells the full story. See the CHIX:BHPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BHP Group Business Description

Address 171 Collins Street, Level 18, Melbourne, VIC, AUS, 3000
BHP is a global diversified miner mainly supplying iron ore and copper. The merger of BHP Limited and Billiton PLC created the present-day BHP Group. The dual-listed structure from the 2001 BHP and Billiton merger was collapsed in 2022. Major assets include Pilbara iron ore and Escondida copper. Onshore US oil and gas assets were sold in 2018, and the remaining Petroleum assets were spun off and merged with Woodside in 2022, with BHP vesting the Woodside shares it received to BHP shareholders. It purchased copper miner Oz Minerals in fiscal 2023 and half of the Vicuna copper joint venture in fiscal 2025. It is entering the potash market through the development of its Jansen project in Canada. However, due to low prices, BHP placed its nickel business on care and maintenance in 2024.
73GF Score

Get the complete analysis for CHIX:BHPL

3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£34.45
Price
£23.24
GF Value