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Galaxy MedicareNSE:GML 21 3-Year Share Buyback Ratio is 7.90 as of Mar. 2026, which is 100% above its 10-year median of 3.95. GuruFocus rates NSE:GML with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 614 Medical Devices & Instruments companies, Galaxy Medicare ranks better than 99.19% 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. Galaxy Medicare's current 3-Year Share Buyback Ratio was 7.90%.
The historical rank and industry rank for Galaxy Medicare's 3-Year Share Buyback Ratio or its related term are showing as below:
NSE:GML'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: 0 Med: 3.95 Max: 7.9
Current: 7.9
During the past 5 years, Galaxy Medicare's highest 3-Year Share Buyback Ratio was 7.90%. The lowest was 0.00%. And the median was 3.95%.
NSE:GML's 3-Year Share Buyback Ratio is ranked better than 99.19% of 614
companies
in the Medical Devices & Instruments industry
Industry Median: -2.6
vs NSE:GML: 7.90
Galaxy Medicare (NSE:GML) 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.
Galaxy Medicare 3-Year Share Buyback Ratio Related Terms
NSE:GML vs ISRG, BDX, RMD: 3-Year Share Buyback Ratio Comparison
For the Medical Instruments & Supplies subindustry, Galaxy Medicare'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.
Galaxy Medicare 3-Year Share Buyback Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Galaxy Medicare's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Galaxy Medicare's 3-Year Share Buyback Ratio falls into.
Galaxy Medicare 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 7.90 mean?
Galaxy Medicare (NSE:GML) has a 3-Year Share Buyback Ratio of 7.90 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 Galaxy Medicare and its competitors. This is 100% above median its historical median of 3.95. According to the industry distribution chart, Galaxy Medicare ranks #5 out of 614 companies in the Medical Devices & Instruments industry, placing it in the top 0.8%.
Is Galaxy Medicare's 3-Year Share Buyback Ratio too high?
Galaxy Medicare's current 3-Year Share Buyback Ratio of 7.90 is 100% above median its 10-year median of 3.95. Based on the distribution chart, Galaxy Medicare ranks #5 out of 614 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Galaxy Medicare has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Galaxy Medicare's 3-Year Share Buyback Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Galaxy Medicare ranks #5 out of 614 companies for 3-Year Share Buyback Ratio. This places Galaxy Medicare in the top 1% 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 Medical Devices & Instruments company?
A good 3-Year Share Buyback Ratio depends on the Medical Devices & Instruments 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 Galaxy Medicare and its competitors. Galaxy Medicare's current 3-Year Share Buyback Ratio is 7.90, which is 100% above median its own 10-year median of 3.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Galaxy Medicare stock overvalued right now?
Galaxy Medicare (NSE:GML) has a current 3-Year Share Buyback Ratio of 7.90. The current 3-Year Share Buyback Ratio is 7.90, which is 100% above median its 10-year median of 3.95. Galaxy Medicare's overall GF Score™ is 21/100 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 Galaxy Medicare (NSE:GML), the current 3-Year Share Buyback Ratio is 7.90 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.
Galaxy Medicare Ltd is engaged into the manufacturing, trading and exporting of Medical Devices, Plasters of Paris Bandages (POP Bandage) and Other surgical dressings in India. Its business encompass: Manufacturing and Branding of its own products under its flagship brands i.e. POP BAND, POP CAST, G CAST, GYPSOSOFT, GYPSOPLAST, CARETAPE, GYPSOCREPE, CARECREPE, CAREPORE GYPSONET, GYPSOCHLOR, FIXCAN ETC.
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