Vectus Biosystems (ASX:VBS) 3-Year Share Buyback Ratio : -18.90% (As of Dec. 2024)

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What is Vectus Biosystems 3-Year Share Buyback Ratio?

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. Vectus Biosystems's current 3-Year Share Buyback Ratio was -18.90%.

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

ASX:VBS' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -31 Med: -13.2 Max: -0.4
Current: -18.9

During the past 9 years, Vectus Biosystems's highest 3-Year Share Buyback Ratio was -0.40%. The lowest was -31.00%. And the median was -13.20%.

ASX:VBS's 3-Year Share Buyback Ratio is ranked worse than
67.3% of 1263 companies
in the Biotechnology industry
Industry Median: -9.8 vs ASX:VBS: -18.90

Competitive Comparison of Vectus Biosystems's 3-Year Share Buyback Ratio

For the Biotechnology subindustry, Vectus Biosystems'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.

Vectus Biosystems's 3-Year Share Buyback Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Vectus Biosystems's 3-Year Share Buyback Ratio distribution charts can be found below:

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

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Vectus Biosystems 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.

Vectus Biosystems (ASX:VBS) 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.

Vectus Biosystems 3-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of Vectus Biosystems's 3-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Vectus Biosystems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Vectus Biosystems Ltd (ASX:VBS) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

26-34 Dunning Avenue, Unit 5, Ground Floor, Rosebery, Sydney, NSW, AUS, 2018

Website

https://www.vectusbiosystems.com.au

Vectus Biosystems Ltd is an emerging biotechnology company based in Sydney, Australia. The company has developed and patented various novel compounds for the treatment of chronic fibrosis, including heart, kidney, liver, and lung fibrosis. Its drug candidate VB0004, is aimed at inhibiting and reversing the loss of functional tissue due to fibrosis, is in its human trials phase. The company has also developed a technology aimed at improving the speed and accuracy of measuring the amount of DNA and RNA in samples tested in laboratories. It operates in one segment, being pharmaceutical research and development.

Vectus Biosystems Headlines

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