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India Capital Growth FundCHIX:IGCL 23 3-Year Share Buyback Ratio is 11.30 as of Dec. 2025. GuruFocus rates CHIX:IGCL with a GF Score™ of 23/100. The stock has 1 warning sign investors should review. Among 1,139 Asset Management companies, India Capital Growth Fund ranks better than 95.61% 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. India Capital Growth Fund's current 3-Year Share Buyback Ratio was 11.30%.
The historical rank and industry rank for India Capital Growth Fund's 3-Year Share Buyback Ratio or its related term are showing as below:
CHIX:IGCL'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -14.5 Med: 0 Max: 11.3
Current: 11.3
During the past 13 years, India Capital Growth Fund's highest 3-Year Share Buyback Ratio was 11.30%. The lowest was -14.50%. And the median was 0.00%.
CHIX:IGCL's 3-Year Share Buyback Ratio is ranked better than 95.61% of 1139
companies
in the Asset Management industry
Industry Median: -0.8
vs CHIX:IGCL: 11.30
India Capital Growth Fund (CHIX:IGCL) 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.
India Capital Growth Fund 3-Year Share Buyback Ratio Related Terms
CHIX:IGCL vs BLK, BX, KKR: 3-Year Share Buyback Ratio Comparison
For the Asset Management subindustry, India Capital Growth Fund'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.
India Capital Growth Fund 3-Year Share Buyback Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, India Capital Growth Fund's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where India Capital Growth Fund's 3-Year Share Buyback Ratio falls into.
India Capital Growth Fund 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 11.30 mean?
India Capital Growth Fund (CHIX:IGCL) has a 3-Year Share Buyback Ratio of 11.30 as of Dec. 2025. 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 India Capital Growth Fund and its competitors. According to the industry distribution chart, India Capital Growth Fund ranks #50 out of 1139 companies in the Asset Management industry, placing it in the top 4.4%.
Is India Capital Growth Fund's 3-Year Share Buyback Ratio too high?
India Capital Growth Fund's current 3-Year Share Buyback Ratio is 11.30. Based on the distribution chart, India Capital Growth Fund ranks #50 out of 1139 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, India Capital Growth Fund has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does India Capital Growth Fund's 3-Year Share Buyback Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, India Capital Growth Fund ranks #50 out of 1139 companies for 3-Year Share Buyback Ratio. This places India Capital Growth Fund in the top 4% 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 an Asset Management company?
A good 3-Year Share Buyback Ratio depends on the Asset Management 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 India Capital Growth Fund and its competitors. India Capital Growth Fund's current 3-Year Share Buyback Ratio is 11.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is India Capital Growth Fund stock overvalued right now?
India Capital Growth Fund (CHIX:IGCL) has a current 3-Year Share Buyback Ratio of 11.30. The current 3-Year Share Buyback Ratio is 11.30. India Capital Growth Fund's overall GF Score™ is 23/100 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 India Capital Growth Fund (CHIX:IGCL), the current 3-Year Share Buyback Ratio is 11.30 as of Dec. 2025. 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.
India Capital Growth Fund Ltd is a closed-ended investment company. The company's investment objective is to provide long-term capital appreciation by investing in companies based in India. Its investment policy permits the company to make investments in a range of Indian equity and equity-linked securities, and predominantly in listed mid and small-cap Indian companies, with a smaller proportion in unlisted Indian companies. Investment may also be made in large-cap listed Indian companies and in companies incorporated outside India that have key operations or markets in India. The company's activities are focused on two areas, namely Mauritius and India.
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