CTGDF (China Tourism Group Duty Free) 6-Month Share Buyback Ratio: -0.43% (As of Mar. 2026 )

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
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.

CTGDF China Tourism Group Duty Free Corp Ltd CTGDF
81 GF Score
Price $6.25
GF Value $7.91
! 4 Warning Signs
View Full Analysis

What is China Tourism Group Duty Free 6-Month Share Buyback Ratio?

China Tourism Group Duty Free CTGDF 81 6-Month Share Buyback Ratio is -0.43 as of Mar. 2026. GuruFocus rates CTGDF with a GF Score™ of 81/100 and a GF Value™ of $7.91. The stock has 4 warning signs investors should review.

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

6-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past six months, calculated as the percentage change in shares outstanding from two quarters ago to the current quarter. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. China Tourism Group Duty Free's current 6-Month Share Buyback Ratio was -0.43%.


China Tourism Group Duty Free  (OTCPK:CTGDF) 6-Month Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.


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.


China Tourism Group Duty Free 6-Month Share Buyback Ratio Related Terms


CTGDF vs CASY, WSM, ULTA: 6-Month Share Buyback Ratio Comparison

For the Specialty Retail subindustry, China Tourism Group Duty Free's 6-Month Share Buyback Ratio, along with its competitors' market caps and 6-Month 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.


China Tourism Group Duty Free 6-Month Share Buyback Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, China Tourism Group Duty Free's 6-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where China Tourism Group Duty Free's 6-Month Share Buyback Ratio falls into.


CTGDF
81GF Score
China Tourism Group Duty Free Corp Ltd CTGDF
6-Month Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Tourism Group Duty Free 6-Month Share Buyback Ratio Calculation

China Tourism Group Duty Free's 6-Month Share Buyback Ratio for the quarter that ended in Mar. 2026 is calculated as

6-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Sep. 2025 ) - Shares Outstanding (EOP) (Mar. 2026 )) / Shares Outstanding (EOP) (Sep. 2025 )
=(2068.859 - 2077.797) / 2068.859
=-0.43%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a 6-Month Share Buyback Ratio of -0.43 mean?
China Tourism Group Duty Free (CTGDF) has a 6-Month Share Buyback Ratio of -0.43 as of Mar. 2026. The 6-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past six months, calculated as the percentage change in shares outstanding from two quarters ago to the current quarter. View historical data for China Tourism Group Duty Free and its competitors.
Is China Tourism Group Duty Free's 6-Month Share Buyback Ratio too high?
China Tourism Group Duty Free's current 6-Month Share Buyback Ratio is -0.43. Overall, China Tourism Group Duty Free has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does China Tourism Group Duty Free's 6-Month Share Buyback Ratio compare to CASY and WSM?
China Tourism Group Duty Free's 6-Month Share Buyback Ratio of -0.43 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 6-Month Share Buyback Ratio for a Retail - Cyclical company?
A good 6-Month Share Buyback Ratio depends on the Retail - Cyclical industry context. However, 6-Month 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 6-Month Share Buyback Ratio mean?
A high 6-Month Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 6-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past six months, calculated as the percentage change in shares outstanding from two quarters ago to the current quarter. View historical data for China Tourism Group Duty Free and its competitors. China Tourism Group Duty Free's current 6-Month Share Buyback Ratio is -0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Tourism Group Duty Free stock overvalued right now?
China Tourism Group Duty Free (CTGDF) has a current 6-Month Share Buyback Ratio of -0.43. The stock's GF Value™ is $7.91, compared to a current price of $6.25 — trading 21% below its estimated fair value. The current 6-Month Share Buyback Ratio is -0.43. China Tourism Group Duty Free's overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 6-Month Share Buyback Ratio calculated?
6-Month Share Buyback Ratio is calculated from a company's financial statements. For China Tourism Group Duty Free (CTGDF), the current 6-Month Share Buyback Ratio is -0.43 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 China Tourism Group Duty Free (CTGDF) Overvalued in 2026?

Based on GuruFocus' analysis, China Tourism Group Duty Free stock appears to be undervalued. The current stock price of $6.25 is trading 21% below its estimated GF Value™ of $7.91.

Key valuation signals for CTGDF:

  • 6-Month Share Buyback Ratio: -0.43
  • GF Value™: $7.91 vs. price of $6.25 (21% below fair value)
  • GF Score™: 81/100 with 4 warning signs

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


China Tourism Group Duty Free Business Description

Other Exchanges 01880:Hong Kong601888:China
Address No. 2A, Dongzhimenwai Street, 8th Floor, Building A, Dongcheng District, Beijing, CHN, 100027
Established in 1984, China Tourism Group Duty Free is China's largest and the world's second-largest travel retailer in 2025 with revenue of CNY 54 billion. The company primarily operates duty-free stores at airports, border crossings, offshore, downtown, and on flights, cruises and ships, with about 200 stores spanning over 33 provinces in China, as well as overseas. The company also operates a duty-paid business. Its 2025 revenue mix was 73% duty-free sales and 27% duty-paid sales and others. CTG Duty Free is 50% owned by China Tourism Group, a state-owned enterprise that falls directly under the State-owned Assets Supervision and Administration Commission of the State Council.
81GF Score

Get the complete analysis for CTGDF

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

$6.25
Price
$7.91
GF Value