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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. Kao Hsing Chang Iron & Steel's current 3-Year Share Buyback Ratio was 1.70%.
The historical rank and industry rank for Kao Hsing Chang Iron & Steel's 3-Year Share Buyback Ratio or its related term are showing as below:
TPE:2008'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: 0 Med: 2.55 Max: 13.7
Current: 1.7
During the past 13 years, Kao Hsing Chang Iron & Steel's highest 3-Year Share Buyback Ratio was 13.70%. The lowest was 0.00%. And the median was 2.55%.
TPE:2008's 3-Year Share Buyback Ratio is ranked better than 86.43% of 280
companies
in the Steel industry
Industry Median: -0.7
vs TPE:2008: 1.70
Kao Hsing Chang Iron & Steel (TPE:2008) 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.
Kao Hsing Chang Iron & Steel 3-Year Share Buyback Ratio Related Terms
TPE:2008 vs NUE, STLD, RS: 3-Year Share Buyback Ratio Comparison
For the Steel subindustry, Kao Hsing Chang Iron & Steel'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.
Kao Hsing Chang Iron & Steel 3-Year Share Buyback Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Kao Hsing Chang Iron & Steel's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Kao Hsing Chang Iron & Steel's 3-Year Share Buyback Ratio falls into.
Kao Hsing Chang Iron & Steel 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 1.70 mean?
Kao Hsing Chang Iron & Steel (TPE:2008) has a 3-Year Share Buyback Ratio of 1.70 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 Kao Hsing Chang Iron & Steel and its competitors. This is 33% below median its historical median of 2.55. According to the industry distribution chart, Kao Hsing Chang Iron & Steel ranks #38 out of 280 companies in the Steel industry, placing it in the top 13.6%.
Is Kao Hsing Chang Iron & Steel's 3-Year Share Buyback Ratio too high?
Kao Hsing Chang Iron & Steel's current 3-Year Share Buyback Ratio of 1.70 is 33% below median its 10-year median of 2.55. Based on the distribution chart, Kao Hsing Chang Iron & Steel ranks #38 out of 280 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Kao Hsing Chang Iron & Steel has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kao Hsing Chang Iron & Steel's 3-Year Share Buyback Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Kao Hsing Chang Iron & Steel ranks #38 out of 280 companies for 3-Year Share Buyback Ratio. This places Kao Hsing Chang Iron & Steel in the top 14% 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 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 Kao Hsing Chang Iron & Steel and its competitors. Kao Hsing Chang Iron & Steel's current 3-Year Share Buyback Ratio is 1.70, which is 33% below median its own 10-year median of 2.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kao Hsing Chang Iron & Steel stock overvalued right now?
Based on GuruFocus' analysis, Kao Hsing Chang Iron & Steel (TPE:2008) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$26.23, compared to a current price of NT$30.70 — trading 17% above its estimated fair value. The current 3-Year Share Buyback Ratio is 1.70, which is 33% below median its 10-year median of 2.55. Kao Hsing Chang Iron & Steel's overall GF Score™ is 76/100 with 8 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 Kao Hsing Chang Iron & Steel (TPE:2008), the current 3-Year Share Buyback Ratio is 1.70 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 Kao Hsing Chang Iron & Steel (TPE:2008) Overvalued in 2026?
Based on GuruFocus' analysis, Kao Hsing Chang Iron & Steel stock appears to be overvalued.
The current stock price of NT$30.70 is trading 17% above its estimated GF Value™ of NT$26.23.
GuruFocus considers Kao Hsing Chang Iron & Steel to be Modestly Overvalued.
Key valuation signals for TPE:2008:
3-Year Share Buyback Ratio: 1.70 (33% below median its 10-year median of 2.55)
GF Value™: NT$26.23 vs. price of NT$30.70 (17% above fair value)
No single metric tells the full story. See the TPE:2008 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kao Hsing Chang Iron & Steel Corp is engaged in the manufacturing, processing, and trading of steel pipes and cold-rolled steel sheets; manufacturing of metal architectural components; leasing; carpark management; and wholesale of other products. The majority of its revenue comes from the steel pipe department. Its geographical segments are Taiwan, United States and Japan, of which the majority of the revenue comes from Taiwan.
76GF Score
Get the complete analysis for TPE:2008
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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