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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. Spandana Sphoorty Financial's current 3-Year Share Buyback Ratio was -5.90%.
The historical rank and industry rank for Spandana Sphoorty Financial's 3-Year Share Buyback Ratio or its related term are showing as below:
NSE:SPANDANA'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -5.9 Med: -1.1 Max: 0
Current: -5.9
During the past 13 years, Spandana Sphoorty Financial's highest 3-Year Share Buyback Ratio was 0.00%. The lowest was -5.90%. And the median was -1.10%.
NSE:SPANDANA's 3-Year Share Buyback Ratio is ranked worse than 57.75% of 284
companies
in the Credit Services industry
Industry Median: -3.35
vs NSE:SPANDANA: -5.90
Spandana Sphoorty Financial (NSE:SPANDANA) 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.
Spandana Sphoorty Financial 3-Year Share Buyback Ratio Related Terms
NSE:SPANDANA vs V, MA, AXP: 3-Year Share Buyback Ratio Comparison
For the Credit Services subindustry, Spandana Sphoorty Financial'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.
Spandana Sphoorty Financial 3-Year Share Buyback Ratio vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Spandana Sphoorty Financial's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Spandana Sphoorty Financial's 3-Year Share Buyback Ratio falls into.
Spandana Sphoorty Financial 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 -5.90 mean?
Spandana Sphoorty Financial (NSE:SPANDANA) has a 3-Year Share Buyback Ratio of -5.90 as of Jun. 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 Spandana Sphoorty Financial and its competitors. According to the industry distribution chart, Spandana Sphoorty Financial ranks #164 out of 284 companies in the Credit Services industry, placing it in the top 57.7%.
Is Spandana Sphoorty Financial's 3-Year Share Buyback Ratio too high?
Spandana Sphoorty Financial's current 3-Year Share Buyback Ratio is -5.90. Based on the distribution chart, Spandana Sphoorty Financial ranks #164 out of 284 companies in the Credit Services industry, which is below the industry midpoint. Overall, Spandana Sphoorty Financial has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Spandana Sphoorty Financial's 3-Year Share Buyback Ratio compare to V and MA?
According to the Credit Services industry distribution chart, Spandana Sphoorty Financial ranks #164 out of 284 companies for 3-Year Share Buyback Ratio. This places Spandana Sphoorty Financial 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 Credit Services company?
A good 3-Year Share Buyback Ratio depends on the Credit Services 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 Spandana Sphoorty Financial and its competitors. Spandana Sphoorty Financial's current 3-Year Share Buyback Ratio is -5.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spandana Sphoorty Financial stock overvalued right now?
Based on GuruFocus' analysis, Spandana Sphoorty Financial (NSE:SPANDANA) is currently considered Fairly Valued. The stock's GF Value™ is ₹210.33, compared to a current price of ₹229.25 — trading 9% above its estimated fair value. The current 3-Year Share Buyback Ratio is -5.90. Spandana Sphoorty Financial's overall GF Score™ is 68/100 with 5 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 Spandana Sphoorty Financial (NSE:SPANDANA), the current 3-Year Share Buyback Ratio is -5.90 as of Jun. 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 Spandana Sphoorty Financial (NSE:SPANDANA) Overvalued in 2026?
Based on GuruFocus' analysis, Spandana Sphoorty Financial stock appears to be overvalued.
The current stock price of ₹229.25 is trading 9% above its estimated GF Value™ of ₹210.33.
GuruFocus considers Spandana Sphoorty Financial to be Fairly Valued.
Key valuation signals for NSE:SPANDANA:
3-Year Share Buyback Ratio: -5.90
GF Value™: ₹210.33 vs. price of ₹229.25 (9% above fair value)
No single metric tells the full story. See the NSE:SPANDANA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spandana Sphoorty Financial Ltd is a rural-focused nonbanking financial company (NBFC) and microfinance institution (MFI) with an extensive footprint across India. Its primary objective is to provide incomegenerating loans through the joint liability group (JLG) model, focusing on supporting women from low-income rural and semi-urban households. The group is also expanding to Loan Against Property (LAP) and Nano loans through subsidiary. It has a single business segment which is financing. The company operates in India and generates key revenue from giving loans.
68GF Score
Get the complete analysis for NSE:SPANDANA
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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