What is Carriage Services 5-Year Share Buyback Ratio?
Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
5-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past five years. It is calculated as the annualized percentage change in shares outstanding from five 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. Carriage Services's current 5-Year Share Buyback Ratio was 3.70%.
CSV's 5-Year Share Buyback Ratio is ranked better than 94.03% of 67
companies
in the Personal Services industry
Industry Median: -0.8
vs CSV: 3.70
Competitive Comparison of Carriage Services's 5-Year Share Buyback Ratio
For the Personal Services subindustry, Carriage Services's 5-Year Share Buyback Ratio, along with its competitors' market caps and 5-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.
Carriage Services's 5-Year Share Buyback Ratio Distribution in the Personal Services Industry
For the Personal Services industry and Consumer Cyclical sector, Carriage Services's 5-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Carriage Services's 5-Year Share Buyback Ratio falls into.
Carriage Services 5-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from five years ago to the current year. The annualized percentage change is calculated with least-square regression based on the latest six 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.
Carriage Services (NYSE:CSV) 5-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.
Carriage Services 5-Year Share Buyback Ratio Related Terms
Thank you for viewing the detailed overview of Carriage Services's 5-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Carriage Services Inc is a provider of funeral and cemetery services and merchandise in the United States. It operates in two business segments: The Funeral Home Operations segment offers burial, cremation, and consultation services; removes and prepares remains; sells caskets, urns, and related funeral merchandise; and enables the use of funeral home facilities for visitation, remembrance, and transportation services. The Cemetery Operations segment provides services, such as mausoleum spaces and niches, private estates, lawn crypt gardens, traditional single burial gravesites, and burial vaults. The majority of revenue is derived from The Funeral Home Operations segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CSV has been successfully added to your