Switch to:
PS Business Parks Inc (NYSE:PSB)
3-Year Average Buyback Ratio
-3.60 (As of Sep. 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 Buyback Ratio Range Over the Past 10 Years
Min: -110.7   Max: 3.1
Current: -3.6

-110.7
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 -110.70. And the median was -0.50.

PSB's 3-Year Average Buyback Ratio is ranked higher than
66% of the 410 Companies
in the Global REIT - Diversified industry.

( Industry Median: -6.30 vs. PSB: -3.60 )

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)
FEEDBACK