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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. Tejas Networks's current 3-Year Share Buyback Ratio was -1.80%.
The historical rank and industry rank for Tejas Networks's 3-Year Share Buyback Ratio or its related term are showing as below:
NSE:TEJASNET'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -22.4 Med: -8.7 Max: 0
Current: -1.8
During the past 13 years, Tejas Networks's highest 3-Year Share Buyback Ratio was 0.00%. The lowest was -22.40%. And the median was -8.70%.
NSE:TEJASNET's 3-Year Share Buyback Ratio is ranked worse than 54.6% of 1610
companies
in the Hardware industry
Industry Median: -1.2
vs NSE:TEJASNET: -1.80
Tejas Networks (NSE:TEJASNET) 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.
Tejas Networks 3-Year Share Buyback Ratio Related Terms
NSE:TEJASNET vs CSCO, CIEN, MSI: 3-Year Share Buyback Ratio Comparison
For the Communication Equipment subindustry, Tejas Networks'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.
Tejas Networks 3-Year Share Buyback Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Tejas Networks's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Tejas Networks's 3-Year Share Buyback Ratio falls into.
Tejas Networks 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 -1.80 mean?
Tejas Networks (NSE:TEJASNET) has a 3-Year Share Buyback Ratio of -1.80 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 Tejas Networks and its competitors. According to the industry distribution chart, Tejas Networks ranks #879 out of 1610 companies in the Hardware industry, placing it in the top 54.6%.
Is Tejas Networks' 3-Year Share Buyback Ratio too high?
Tejas Networks' current 3-Year Share Buyback Ratio is -1.80. Based on the distribution chart, Tejas Networks ranks #879 out of 1610 companies in the Hardware industry, which is below the industry midpoint. Overall, Tejas Networks has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tejas Networks' 3-Year Share Buyback Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Tejas Networks ranks #879 out of 1610 companies for 3-Year Share Buyback Ratio. This places Tejas Networks 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 Tejas Networks and its competitors. Tejas Networks's current 3-Year Share Buyback Ratio is -1.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tejas Networks stock overvalued right now?
Based on GuruFocus' analysis, Tejas Networks (NSE:TEJASNET) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹358.93, compared to a current price of ₹547.35 — trading 52.5% above its estimated fair value. The current 3-Year Share Buyback Ratio is -1.80. Tejas Networks' overall GF Score™ is 62/100 with 9 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 Tejas Networks (NSE:TEJASNET), the current 3-Year Share Buyback Ratio is -1.80 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 Tejas Networks (NSE:TEJASNET) Overvalued in 2026?
Based on GuruFocus' analysis, Tejas Networks stock appears to be overvalued.
The current stock price of ₹547.35 is trading 52.5% above its estimated GF Value™ of ₹358.93.
GuruFocus considers Tejas Networks to be Significantly Overvalued.
Key valuation signals for NSE:TEJASNET:
3-Year Share Buyback Ratio: -1.80
GF Value™: ₹358.93 vs. price of ₹547.35 (52.5% above fair value)
No single metric tells the full story. See the NSE:TEJASNET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tejas Networks Ltd is an optical and data networking products company. The company designs, develops, and manufactures high-performance products for building high-speed communication networks that carry voice, data, and video traffic from fixed-line, mobile, and broadband networks. It serves telecommunications service providers, internet service providers, utilities, defense, and government entities. It derives a majority of its revenue from India and the rest from International markets.
62GF Score
Get the complete analysis for NSE:TEJASNET
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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