Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
VNET GroupVNET -2.84%57 3-Year Share Buyback Ratio is -22.10 as of Mar. 2026. GuruFocus rates VNET with a GF Score™ of 57/100 and a GF Value™ of $4.37 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,135 Software companies, VNET Group ranks worse than 84.17% 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. VNET Group's current 3-Year Share Buyback Ratio was -22.10%.
The historical rank and industry rank for VNET Group's 3-Year Share Buyback Ratio or its related term are showing as below:
VNET'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -23.6 Med: -9.5 Max: 0
Current: -22.1
During the past 13 years, VNET Group's highest 3-Year Share Buyback Ratio was 0.00%. The lowest was -23.60%. And the median was -9.50%.
VNET's 3-Year Share Buyback Ratio is ranked worse than 84.17% of 2135
companies
in the Software industry
Industry Median: -1.6
vs VNET: -22.10
VNET Group (NAS:VNET) 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.
VNET Group 3-Year Share Buyback Ratio Related Terms
VNET vs INOD, SHAZ, DXC: 3-Year Share Buyback Ratio Comparison
For the Information Technology Services subindustry, VNET Group'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.
VNET Group 3-Year Share Buyback Ratio vs Software Industry
For the Software industry and Technology sector, VNET Group's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where VNET Group's 3-Year Share Buyback Ratio falls into.
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 -22.10 mean?
VNET Group (VNET) has a 3-Year Share Buyback Ratio of -22.10 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 VNET Group and its competitors. According to the industry distribution chart, VNET Group ranks #1797 out of 2135 companies in the Software industry, placing it in the top 84.2%.
Is VNET Group's 3-Year Share Buyback Ratio too high?
VNET Group's current 3-Year Share Buyback Ratio is -22.10. Based on the distribution chart, VNET Group ranks #1797 out of 2135 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, VNET Group has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VNET Group's 3-Year Share Buyback Ratio compare to INOD and SHAZ?
According to the Software industry distribution chart, VNET Group ranks #1797 out of 2135 companies for 3-Year Share Buyback Ratio. This places VNET Group 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 Software company?
A good 3-Year Share Buyback Ratio depends on the Software 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 VNET Group and its competitors. VNET Group's current 3-Year Share Buyback Ratio is -22.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VNET Group stock overvalued right now?
Based on GuruFocus' analysis, VNET Group (VNET) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.37, compared to a current price of $7.01 — trading 60.4% above its estimated fair value. The current 3-Year Share Buyback Ratio is -22.10. VNET Group's overall GF Score™ is 57/100 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 VNET Group (VNET), the current 3-Year Share Buyback Ratio is -22.10 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 VNET Group (VNET) Overvalued in 2026?
Based on GuruFocus' analysis, VNET Group stock appears to be overvalued.
The current stock price of $7.01 is trading 60.4% above its estimated GF Value™ of $4.37.
GuruFocus considers VNET Group to be Significantly Overvalued.
Key valuation signals for VNET:
3-Year Share Buyback Ratio: -22.10
GF Value™: $4.37 vs. price of $7.01 (60.4% above fair value)
No single metric tells the full story. See the VNET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VNET started as AsiaCloud in 1999 and moved into the data center business, opening its first self-developed data center in 2010. The firm listed (as 21Vianet) on the Nasdaq in April 2011, subsequently changing its name to VNET Group in 2021. It originally focused on providing data center services such as colocation and cloud services to retail clients in China, but added hyperscale customers in 2019 and now counts large Chinese hyperscalers such as Alibaba Cloud, Tencent Cloud, and Huawei Cloud as customers. At the end of December 2025, it had 49,863 retail cabinets, with the majority in Beijing, Shanghai, and the Greater Bay area. It also had 889 MW of wholesale capacity in service, with a further 452 MW under construction and a further 840 MW held for future development.
57GF Score
Get the complete analysis for VNET
3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
VNET has been successfully added to your 
