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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. Royce Global Value Trust's current 3-Year Share Buyback Ratio was -1.30%.
The historical rank and industry rank for Royce Global Value Trust's 3-Year Share Buyback Ratio or its related term are showing as below:
RGT'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -4.3 Med: -0.5 Max: 18.8
Current: -1.3
During the past 10 years, Royce Global Value Trust's highest 3-Year Share Buyback Ratio was 18.80%. The lowest was -4.30%. And the median was -0.50%.
RGT's 3-Year Share Buyback Ratio is ranked worse than 52.97% of 1127
companies
in the Asset Management industry
Industry Median: -0.8
vs RGT: -1.30
Royce Global Value Trust (NYSE:RGT) 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.
Royce Global Value Trust 3-Year Share Buyback Ratio Related Terms
RGT vs ERH, PGP, PFX: 3-Year Share Buyback Ratio Comparison
For the Asset Management subindustry, Royce Global Value Trust'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.
Royce Global Value Trust 3-Year Share Buyback Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Royce Global Value Trust's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Royce Global Value Trust's 3-Year Share Buyback Ratio falls into.
Royce Global Value Trust 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 -1.30 mean?
Royce Global Value Trust (RGT) has a 3-Year Share Buyback Ratio of -1.30 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 Royce Global Value Trust and its competitors. According to the industry distribution chart, Royce Global Value Trust ranks #597 out of 1127 companies in the Asset Management industry, placing it in the top 53%.
Is Royce Global Value Trust's 3-Year Share Buyback Ratio too high?
Royce Global Value Trust's current 3-Year Share Buyback Ratio is -1.30. Based on the distribution chart, Royce Global Value Trust ranks #597 out of 1127 companies in the Asset Management industry, which is below the industry midpoint. Overall, Royce Global Value Trust has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Royce Global Value Trust's 3-Year Share Buyback Ratio compare to ERH and PGP?
According to the Asset Management industry distribution chart, Royce Global Value Trust ranks #597 out of 1127 companies for 3-Year Share Buyback Ratio. This places Royce Global Value Trust 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 Asset Management company?
A good 3-Year Share Buyback Ratio depends on the Asset Management 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 Royce Global Value Trust and its competitors. Royce Global Value Trust's current 3-Year Share Buyback Ratio is -1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royce Global Value Trust stock overvalued right now?
Based on GuruFocus' analysis, Royce Global Value Trust (RGT) is currently considered Possible Value Trap. The stock's GF Value™ is $133.39, compared to a current price of $14.96 — trading 88.8% below its estimated fair value. The current 3-Year Share Buyback Ratio is -1.30. Royce Global Value Trust's overall GF Score™ is 52/100 with 4 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 Royce Global Value Trust (RGT), the current 3-Year Share Buyback Ratio is -1.30 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 Royce Global Value Trust (RGT) Overvalued in 2026?
Based on GuruFocus' analysis, Royce Global Value Trust stock appears to be undervalued.
The current stock price of $14.96 is trading 88.8% below its estimated GF Value™ of $133.39.
GuruFocus considers Royce Global Value Trust to be Possible Value Trap.
Key valuation signals for RGT:
3-Year Share Buyback Ratio: -1.30
GF Value™: $133.39 vs. price of $14.96 (88.8% below fair value)
No single metric tells the full story. See the RGT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Royce Global Value Trust Inc is a diversified closed-end investment company. The Fund spreads its investments across diversified sectors such as information technology, consumer discretionary, health care, materials, consumer staples and energy. Geographically, it has presence in the United Kingdom, Japan, the United States, Canada, France, Hong Kong and Germany.
52GF Score
Get the complete analysis for RGT
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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