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Steiner Leisure Ltd (NAS:STNR)
3-Year Average Buyback Ratio
2.70 (As of Sep. 2015)

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.

STNR' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -14.6   Max: 5.8
Current: 2.7

-14.6
5.8

During the past 13 years, Steiner Leisure Ltd's highest 3-Year Average Share Buyback Ratio was 5.80. The lowest was -14.60. And the median was 1.15.

STNR's 3-Year Average Buyback Ratio is ranked higher than
90% of the 50 Companies
in the Global Personal Services industry.

( Industry Median: -0.90 vs. STNR: 2.70 )

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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