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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. Western Digital's current 3-Year Share Buyback Ratio was -3.10%.
The historical rank and industry rank for Western Digital's 3-Year Share Buyback Ratio or its related term are showing as below:
CHIX:WDCd'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -29.2 Med: -2.9 Max: 3.9
Current: -3.1
During the past 13 years, Western Digital's highest 3-Year Share Buyback Ratio was 3.90%. The lowest was -29.20%. And the median was -2.90%.
CHIX:WDCd's 3-Year Share Buyback Ratio is ranked worse than 61.24% of 1615
companies
in the Hardware industry
Industry Median: -1.3
vs CHIX:WDCd: -3.10
Western Digital (CHIX:WDCd) 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.
Western Digital 3-Year Share Buyback Ratio Related Terms
CHIX:WDCD vs STX, SNDK, ANET: 3-Year Share Buyback Ratio Comparison
For the Computer Hardware subindustry, Western Digital'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.
Western Digital 3-Year Share Buyback Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Western Digital's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Western Digital's 3-Year Share Buyback Ratio falls into.
Western Digital 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 -3.10 mean?
Western Digital (CHIX:WDCD) has a 3-Year Share Buyback Ratio of -3.10 as of Mar. 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 Western Digital and its competitors. According to the industry distribution chart, Western Digital ranks #989 out of 1615 companies in the Hardware industry, placing it in the top 61.2%.
Is Western Digital's 3-Year Share Buyback Ratio too high?
Western Digital's current 3-Year Share Buyback Ratio is -3.10. Based on the distribution chart, Western Digital ranks #989 out of 1615 companies in the Hardware industry, which is below the industry midpoint. Overall, Western Digital has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Western Digital's 3-Year Share Buyback Ratio compare to STX and SNDK?
According to the Hardware industry distribution chart, Western Digital ranks #989 out of 1615 companies for 3-Year Share Buyback Ratio. This places Western Digital 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 Hardware company?
A good 3-Year Share Buyback Ratio depends on the Hardware 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 Western Digital and its competitors. Western Digital's current 3-Year Share Buyback Ratio is -3.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Digital stock overvalued right now?
Based on GuruFocus' analysis, Western Digital (CHIX:WDCD) is currently considered Significantly Overvalued. The stock's GF Value™ is €76.35, compared to a current price of €425.25 — trading 457% above its estimated fair value. The current 3-Year Share Buyback Ratio is -3.10. Western Digital's overall GF Score™ is 47/100 with 2 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 Western Digital (CHIX:WDCD), the current 3-Year Share Buyback Ratio is -3.10 as of Mar. 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 Western Digital (CHIX:WDCD) Overvalued in 2026?
Based on GuruFocus' analysis, Western Digital stock appears to be overvalued.
The current stock price of €425.25 is trading 457% above its estimated GF Value™ of €76.35.
GuruFocus considers Western Digital to be Significantly Overvalued.
Key valuation signals for CHIX:WDCD:
3-Year Share Buyback Ratio: -3.10
GF Value™: €76.35 vs. price of €425.25 (457% above fair value)
No single metric tells the full story. See the CHIX:WDCD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Western Digital is a leading vertically integrated supplier of hard disk drives. The HDD market is a practical duopoly, with Western Digital and Seagate being the two largest players. Western Digital designs and manufactures its HDDs, with much of the manufacturing and workforce located in Asia. The primary consumers of HDDs are data centers.
47GF Score
Get the complete analysis for CHIX:WDCD
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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