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. Gujarat Mineral Development's current 3-Year Share Buyback Ratio was 0.00%.
The historical rank and industry rank for Gujarat Mineral Development's 3-Year Share Buyback Ratio or its related term are showing as below:
During the past 13 years, Gujarat Mineral Development's highest 3-Year Share Buyback Ratio was 0.00%. The lowest was 0.00%. And the median was 0.00%.
NSE:GMDCLTD's 3-Year Share Buyback Ratio is not ranked *
in the Other Energy Sources industry.
Industry Median: -10.3 * Ranked among companies with meaningful 3-Year Share Buyback Ratio only.
Gujarat Mineral Development (NSE:GMDCLTD) 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.
Gujarat Mineral Development 3-Year Share Buyback Ratio Related Terms
Gujarat Mineral Development 3-Year Share Buyback Ratio Competitor Comparison
For the Thermal Coal subindustry, Gujarat Mineral Development'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.
Gujarat Mineral Development 3-Year Share Buyback Ratio vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Gujarat Mineral Development's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Gujarat Mineral Development's 3-Year Share Buyback Ratio falls into.
Gujarat Mineral Development 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?
Gujarat Mineral Development (NSE:GMDCLTD) has a 3-Year Share Buyback Ratio of 0.00 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 Gujarat Mineral Development and its competitors. According to the industry distribution chart, Gujarat Mineral Development ranks #999999 out of 113 companies in the Other Energy Sources industry.
Is Gujarat Mineral Development's 3-Year Share Buyback Ratio too high?
Gujarat Mineral Development's current 3-Year Share Buyback Ratio is 0.00. Based on the distribution chart, Gujarat Mineral Development ranks #999999 out of 113 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, Gujarat Mineral Development has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gujarat Mineral Development's 3-Year Share Buyback Ratio compare to competitors?
According to the Other Energy Sources industry distribution chart, Gujarat Mineral Development ranks #999999 out of 113 companies for 3-Year Share Buyback Ratio. This places Gujarat Mineral Development 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 Other Energy Sources company?
A good 3-Year Share Buyback Ratio depends on the Other Energy Sources 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 Gujarat Mineral Development and its competitors. Gujarat Mineral Development'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 Gujarat Mineral Development stock overvalued right now?
Based on GuruFocus' analysis, Gujarat Mineral Development (NSE:GMDCLTD) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹371.83, compared to a current price of ₹610.65 — trading 64.2% above its estimated fair value. The current 3-Year Share Buyback Ratio is 0.00. Gujarat Mineral Development's overall GF Score™ is 63/100 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 Gujarat Mineral Development (NSE:GMDCLTD), the current 3-Year Share Buyback Ratio is 0.00 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 Gujarat Mineral Development (NSE:GMDCLTD) Overvalued in 2026?
Based on GuruFocus' analysis, Gujarat Mineral Development stock appears to be overvalued.
The current stock price of ₹610.65 is trading 64.2% above its estimated GF Value™ of ₹371.83.
GuruFocus considers Gujarat Mineral Development to be Significantly Overvalued.
Key valuation signals for NSE:GMDCLTD:
3-Year Share Buyback Ratio: 0.00
GF Value™: ₹371.83 vs. price of ₹610.65 (64.2% above fair value)
No single metric tells the full story. See the NSE:GMDCLTD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gujarat Mineral Development Corp Ltd is a mineral resource mining company. Its operations include lignite mining, bauxite mining, fluorspar mining, manganese mining, and power generation. The company's segments include Mining and Power. The majority of its revenue is derived from the Mining segment which engages in the mining and sale of manganese, bauxite, limestone, silica sand, and others. Geographically, the company operates only in India.
63GF Score
Get the complete analysis for NSE:GMDCLTD
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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