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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. Great Taipei Gas's current 3-Year Share Buyback Ratio was 0.00%.
The historical rank and industry rank for Great Taipei Gas's 3-Year Share Buyback Ratio or its related term are showing as below:
During the past 13 years, Great Taipei Gas's highest 3-Year Share Buyback Ratio was 1.00%. The lowest was -0.40%. And the median was 0.00%.
TPE:9908's 3-Year Share Buyback Ratio is not ranked *
in the Utilities - Regulated industry.
Industry Median: -1.65 * Ranked among companies with meaningful 3-Year Share Buyback Ratio only.
Great Taipei Gas (TPE:9908) 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.
Great Taipei Gas 3-Year Share Buyback Ratio Related Terms
TPE:9908 vs ATO, NI, UGI: 3-Year Share Buyback Ratio Comparison
For the Utilities - Regulated Gas subindustry, Great Taipei Gas'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.
Great Taipei Gas 3-Year Share Buyback Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Great Taipei Gas's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Great Taipei Gas's 3-Year Share Buyback Ratio falls into.
Great Taipei Gas 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 0.00 mean?
Great Taipei Gas (TPE:9908) has a 3-Year Share Buyback Ratio of 0.00 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 Great Taipei Gas and its competitors. According to the industry distribution chart, Great Taipei Gas ranks #999999 out of 230 companies in the Utilities - Regulated industry.
Is Great Taipei Gas' 3-Year Share Buyback Ratio too high?
Great Taipei Gas' current 3-Year Share Buyback Ratio is 0.00. Based on the distribution chart, Great Taipei Gas ranks #999999 out of 230 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Great Taipei Gas has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Great Taipei Gas' 3-Year Share Buyback Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Great Taipei Gas ranks #999999 out of 230 companies for 3-Year Share Buyback Ratio. This places Great Taipei Gas 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 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 Great Taipei Gas and its competitors. Great Taipei Gas's current 3-Year Share Buyback Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Great Taipei Gas stock overvalued right now?
Based on GuruFocus' analysis, Great Taipei Gas (TPE:9908) is currently considered Fairly Valued. The stock's GF Value™ is NT$30.47, compared to a current price of NT$29.00 — trading 4.8% below its estimated fair value. The current 3-Year Share Buyback Ratio is 0.00. Great Taipei Gas' overall GF Score™ is 88/100 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 Great Taipei Gas (TPE:9908), the current 3-Year Share Buyback Ratio is 0.00 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 Great Taipei Gas (TPE:9908) Overvalued in 2026?
Based on GuruFocus' analysis, Great Taipei Gas stock appears to be undervalued.
The current stock price of NT$29.00 is trading 4.8% below its estimated GF Value™ of NT$30.47.
GuruFocus considers Great Taipei Gas to be Fairly Valued.
Key valuation signals for TPE:9908:
3-Year Share Buyback Ratio: 0.00
GF Value™: NT$30.47 vs. price of NT$29.00 (4.8% below fair value)
No single metric tells the full story. See the TPE:9908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Great Taipei Gas Corp is engaged in the supply of gas, the manufacture and supply of gas equipment and related equipment, the marketing of gas equipment, the sale of meters and gauges (gas meters), the Type I telecommunications business, and the office building rental business. Its operating segments are: Gas sales department, which generates maximum revenue; Equipment department; Investment department; Telecom department; and Others.
88GF Score
Get the complete analysis for TPE:9908
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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