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GuruFocus has detected 4 Warning Signs with PS Business Parks Inc $PSB.
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PS Business Parks Inc (NYSE:PSB)
3-Year Average Share Buyback Ratio
-0.30 (As of Dec. 2016)

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.

PSB' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -108.7   Max: 3.1
Current: -0.3

-108.7
3.1

During the past 13 years, PS Business Parks Inc's highest 3-Year Average Share Buyback Ratio was 3.10. The lowest was -108.70. And the median was -0.30.

PSB's 3-Year Average Share Buyback Ratio is ranked higher than
86% of the 421 Companies
in the Global REIT - Diversified industry.

( Industry Median: -5.80 vs. PSB: -0.30 )

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

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