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Tokyo Gas CoTKGSF 76 3-Year Share Buyback Ratio is 8.40 as of Mar. 2026, which is 394% above its 10-year median of 1.70. GuruFocus rates TKGSF with a GF Score™ of 76/100 and a GF Value™ of $31.63 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 230 Utilities - Regulated companies, Tokyo Gas Co ranks better than 98.26% 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. Tokyo Gas Co's current 3-Year Share Buyback Ratio was 8.40%.
The historical rank and industry rank for Tokyo Gas Co's 3-Year Share Buyback Ratio or its related term are showing as below:
TKGSF'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -1.4 Med: 1.7 Max: 8.4
Current: 8.4
During the past 13 years, Tokyo Gas Co's highest 3-Year Share Buyback Ratio was 8.40%. The lowest was -1.40%. And the median was 1.70%.
TKGSF's 3-Year Share Buyback Ratio is ranked better than 98.26% of 230
companies
in the Utilities - Regulated industry
Industry Median: -1.45
vs TKGSF: 8.40
Tokyo Gas Co (OTCPK:TKGSF) 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.
Tokyo Gas Co 3-Year Share Buyback Ratio Related Terms
TKGSF vs ATO, NI: 3-Year Share Buyback Ratio Comparison
For the Utilities - Regulated Gas subindustry, Tokyo Gas Co'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.
Tokyo Gas Co 3-Year Share Buyback Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Tokyo Gas Co's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Tokyo Gas Co's 3-Year Share Buyback Ratio falls into.
Tokyo Gas Co 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 8.40 mean?
Tokyo Gas Co (TKGSF) has a 3-Year Share Buyback Ratio of 8.40 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 Tokyo Gas Co and its competitors. This is 394% above median its historical median of 1.70. According to the industry distribution chart, Tokyo Gas Co ranks #4 out of 230 companies in the Utilities - Regulated industry, placing it in the top 1.7%.
Is Tokyo Gas Co's 3-Year Share Buyback Ratio too high?
Tokyo Gas Co's current 3-Year Share Buyback Ratio of 8.40 is 394% above median its 10-year median of 1.70. Based on the distribution chart, Tokyo Gas Co ranks #4 out of 230 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Tokyo Gas Co has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Gas Co's 3-Year Share Buyback Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Tokyo Gas Co ranks #4 out of 230 companies for 3-Year Share Buyback Ratio. This places Tokyo Gas Co in the top 2% 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 an Utilities - Regulated company?
A good 3-Year Share Buyback Ratio depends on the Utilities - Regulated 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 Tokyo Gas Co and its competitors. Tokyo Gas Co's current 3-Year Share Buyback Ratio is 8.40, which is 394% above median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Gas Co (TKGSF) is currently considered Modestly Overvalued. The stock's GF Value™ is $31.63, compared to a current price of $38.58 — trading 22% above its estimated fair value. The current 3-Year Share Buyback Ratio is 8.40, which is 394% above median its 10-year median of 1.70. Tokyo Gas Co's overall GF Score™ is 76/100 with 3 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 Tokyo Gas Co (TKGSF), the current 3-Year Share Buyback Ratio is 8.40 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 Tokyo Gas Co (TKGSF) Overvalued in 2026?
Based on GuruFocus' analysis, Tokyo Gas Co stock appears to be overvalued.
The current stock price of $38.58 is trading 22% above its estimated GF Value™ of $31.63.
GuruFocus considers Tokyo Gas Co to be Modestly Overvalued.
Key valuation signals for TKGSF:
3-Year Share Buyback Ratio: 8.40 (394% above median its 10-year median of 1.70)
GF Value™: $31.63 vs. price of $38.58 (22% above fair value)
No single metric tells the full story. See the TKGSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokyo Gas Co Ltd is a Japanese utility company involved in the production, generation, and supply of natural gas and electricity. Tokyo Gas segments its operations into Gas, Electric Power, Overseas, and Other business units. The company's Gas division generates the vast majority of its total revenue through the supply and sale of natural gas to, namely, the Tokyo metropolitan area and other Japanese urban areas. Tokyo Gas' supply of natural gas is fairly evenly distributed amongst residential, commercial, industrial, and power generation customers. The company's Electric Power business also represents a significant income stream. This division operates a portfolio of cogeneration and natural gas-fired thermal power plants primarily located in the Tokyo area.
76GF Score
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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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