Switch to:
Pep Boys - Manny Moe & Jack (NYSE:PBY)
3-Year Buyback Ratio
-0.50 (As of Apr. 2014)

This is the average share buyback rate of the company over the past 3 years. A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.

PBY' s 10-Year Buyback Ratio Range
Min: 6.5   Max: -4
Current: -0.5

During the past 13 years, Pep Boys - Manny Moe & Jack's highest 3-Year Average Share Buyback Ratio was -4.00. The lowest was 6.50. And the median was -0.50.

PBY's Buyback Ratiois ranked higher than
72% of the 779 Companies
in the Global Specialty Retail industry.

( Industry Median: -0.40 vs. PBY: -0.50 )

Definition

This is the average share buyback rate of the company over the past 3 years.


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.


Related Terms

Net Income

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Email Hide