Plug Power (XSWX:PLUG) 3-Year Share Buyback Ratio: -33.10% (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

XSWX:PLUG Plug Power Inc XSWX:PLUG
42 GF Score
Price CHF1.79
GF Value CHF1.23
! 6 Warning Signs
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What is Plug Power 3-Year Share Buyback Ratio?

Plug Power XSWX:PLUG -2.04% 42 3-Year Share Buyback Ratio is -33.10 as of Mar. 2026. GuruFocus rates XSWX:PLUG with a GF Score™ of 42/100 and a GF Value™ of CHF1.23. The stock has 6 warning signs investors should review. Among 1,855 Industrial Products companies, Plug Power ranks worse than 96.01% 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. Plug Power's current 3-Year Share Buyback Ratio was -33.10%.

The historical rank and industry rank for Plug Power's 3-Year Share Buyback Ratio or its related term are showing as below:

XSWX:PLUG' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -100.4   Med: -16.6   Max: -1
Current: -33.1

During the past 13 years, Plug Power's highest 3-Year Share Buyback Ratio was -1.00%. The lowest was -100.40%. And the median was -16.60%.

XSWX:PLUG's 3-Year Share Buyback Ratio is ranked worse than
96.01% of 1855 companies
in the Industrial Products industry
Industry Median: -1.1 vs XSWX:PLUG: -33.10

Plug Power (XSWX:PLUG) 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.


Plug Power 3-Year Share Buyback Ratio Related Terms


XSWX:PLUG vs HAYW, ATKR, TE: 3-Year Share Buyback Ratio Comparison

For the Electrical Equipment & Parts subindustry, Plug Power'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.


Plug Power 3-Year Share Buyback Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Plug Power's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Plug Power's 3-Year Share Buyback Ratio falls into.


XSWX:PLUG
42GF Score
Plug Power Inc XSWX:PLUG
3-Year Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Plug Power 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 -33.10 mean?
Plug Power (XSWX:PLUG) has a 3-Year Share Buyback Ratio of -33.10 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 Plug Power and its competitors. According to the industry distribution chart, Plug Power ranks #1781 out of 1855 companies in the Industrial Products industry, placing it in the top 96%.
Is Plug Power's 3-Year Share Buyback Ratio too high?
Plug Power's current 3-Year Share Buyback Ratio is -33.10. Based on the distribution chart, Plug Power ranks #1781 out of 1855 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Plug Power has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Plug Power's 3-Year Share Buyback Ratio compare to HAYW and ATKR?
According to the Industrial Products industry distribution chart, Plug Power ranks #1781 out of 1855 companies for 3-Year Share Buyback Ratio. This places Plug Power 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 Industrial Products company?
A good 3-Year Share Buyback Ratio depends on the Industrial Products 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 Plug Power and its competitors. Plug Power's current 3-Year Share Buyback Ratio is -33.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plug Power stock overvalued right now?
Plug Power (XSWX:PLUG) has a current 3-Year Share Buyback Ratio of -33.10. The stock's GF Value™ is CHF1.23, compared to a current price of CHF1.79 — trading 45.2% above its estimated fair value. The current 3-Year Share Buyback Ratio is -33.10. Plug Power's overall GF Score™ is 42/100 with 6 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 Plug Power (XSWX:PLUG), the current 3-Year Share Buyback Ratio is -33.10 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 Plug Power (XSWX:PLUG) Overvalued in 2026?

Based on GuruFocus' analysis, Plug Power stock appears to be overvalued. The current stock price of CHF1.79 is trading 45.2% above its estimated GF Value™ of CHF1.23.

Key valuation signals for XSWX:PLUG:

  • 3-Year Share Buyback Ratio: -33.10
  • GF Value™: CHF1.23 vs. price of CHF1.79 (45.2% above fair value)
  • GF Score™: 42/100 with 6 warning signs

No single metric tells the full story. See the XSWX:PLUG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Plug Power Business Description

Address 125 Vista Boulevard, Slingerlands, NY, USA, 12159
Plug Power Inc is building an end-to-end green hydrogen ecosystem, from production, storage, and delivery to energy generation. The company plans to build and operate green hydrogen highways across North America and Europe. Plug will deliver its green hydrogen solutions directly to its customers and through joint venture partners into multiple end markets, including material handling, e-mobility, power generation, and industrial applications.
42GF Score

Get the complete analysis for XSWX:PLUG

3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF1.79
Price
CHF1.23
GF Value