Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
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. Rama Steel Tubes's current 3-Year Share Buyback Ratio was -5.40%.
The historical rank and industry rank for Rama Steel Tubes's 3-Year Share Buyback Ratio or its related term are showing as below:
NSE:RAMASTEEL'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -7.3 Med: -4 Max: 0
Current: -5.4
During the past 12 years, Rama Steel Tubes's highest 3-Year Share Buyback Ratio was 0.00%. The lowest was -7.30%. And the median was -4.00%.
NSE:RAMASTEEL's 3-Year Share Buyback Ratio is ranked worse than 70.57% of 282
companies
in the Steel industry
Industry Median: -0.9
vs NSE:RAMASTEEL: -5.40
Rama Steel Tubes (NSE:RAMASTEEL) 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.
Rama Steel Tubes 3-Year Share Buyback Ratio Related Terms
NSE:RAMASTEEL vs NUE, STLD, RS: 3-Year Share Buyback Ratio Comparison
For the Steel subindustry, Rama Steel Tubes'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.
Rama Steel Tubes 3-Year Share Buyback Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Rama Steel Tubes's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Rama Steel Tubes's 3-Year Share Buyback Ratio falls into.
Rama Steel Tubes 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 -5.40 mean?
Rama Steel Tubes (NSE:RAMASTEEL) has a 3-Year Share Buyback Ratio of -5.40 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 Rama Steel Tubes and its competitors. According to the industry distribution chart, Rama Steel Tubes ranks #199 out of 282 companies in the Steel industry, placing it in the top 70.6%.
Is Rama Steel Tubes' 3-Year Share Buyback Ratio too high?
Rama Steel Tubes' current 3-Year Share Buyback Ratio is -5.40. Based on the distribution chart, Rama Steel Tubes ranks #199 out of 282 companies in the Steel industry, which is below the industry midpoint. Overall, Rama Steel Tubes has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Rama Steel Tubes' 3-Year Share Buyback Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Rama Steel Tubes ranks #199 out of 282 companies for 3-Year Share Buyback Ratio. This places Rama Steel Tubes 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 Steel company?
A good 3-Year Share Buyback Ratio depends on the Steel 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 Rama Steel Tubes and its competitors. Rama Steel Tubes's current 3-Year Share Buyback Ratio is -5.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rama Steel Tubes stock overvalued right now?
Based on GuruFocus' analysis, Rama Steel Tubes (NSE:RAMASTEEL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹6.16, compared to a current price of ₹4.17 — trading 32.3% below its estimated fair value. The current 3-Year Share Buyback Ratio is -5.40. Rama Steel Tubes' overall GF Score™ is 69/100 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 Rama Steel Tubes (NSE:RAMASTEEL), the current 3-Year Share Buyback Ratio is -5.40 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 Rama Steel Tubes (NSE:RAMASTEEL) Overvalued in 2026?
Based on GuruFocus' analysis, Rama Steel Tubes stock appears to be undervalued.
The current stock price of ₹4.17 is trading 32.3% below its estimated GF Value™ of ₹6.16.
GuruFocus considers Rama Steel Tubes to be Possible Value Trap.
Key valuation signals for NSE:RAMASTEEL:
3-Year Share Buyback Ratio: -5.40
GF Value™: ₹6.16 vs. price of ₹4.17 (32.3% below fair value)
No single metric tells the full story. See the NSE:RAMASTEEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rama Steel Tubes Ltd is a manufacturer and exporter of steel pipes, steel tubes, galvanized pipes, fence pipes, electrical conduit pipes, scaffolding fittings, hollow sections, square steel pipes, and square steel tubes. It also manufactures and exports hollow sections for the automobile industry, including highway and street lighting poles, as well as traffic signal poles. Its segments include; Manufacturing of Steel Pipes which derives maximum revenue, and Trading of Building Material and Steel Products. Geographically, the company caters to both, the Indian and the international markets, and derives a majority of its revenue from its business in India.
69GF Score
Get the complete analysis for NSE:RAMASTEEL
3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:RAMASTEEL has been successfully added to your 
