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Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. Sprott Physical Gold Trust's current 3-Month Share Buyback Ratio was 0.50%.
Sprott Physical Gold Trust (ARCA:PHYS) 3-Month Share Buyback Ratio Explanation
A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.
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.
Sprott Physical Gold Trust 3-Month Share Buyback Ratio Related Terms
PHYS vs BLK, BX, KKR: 3-Month Share Buyback Ratio Comparison
For the Asset Management subindustry, Sprott Physical Gold Trust's 3-Month Share Buyback Ratio, along with its competitors' market caps and 3-Month 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.
Sprott Physical Gold Trust 3-Month Share Buyback Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Sprott Physical Gold Trust's 3-Month Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Sprott Physical Gold Trust's 3-Month Share Buyback Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a 3-Month Share Buyback Ratio of 0.50 mean?
Sprott Physical Gold Trust (PHYS) has a 3-Month Share Buyback Ratio of 0.50 as of Jun. 2026. The 3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. View historical data for Sprott Physical Gold Trust and its competitors.
Is Sprott Physical Gold Trust's 3-Month Share Buyback Ratio too high?
Sprott Physical Gold Trust's current 3-Month Share Buyback Ratio is 0.50. Overall, Sprott Physical Gold Trust has a GF Score™ of 37/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sprott Physical Gold Trust's 3-Month Share Buyback Ratio compare to BLK and BX?
Sprott Physical Gold Trust's 3-Month Share Buyback Ratio of 0.50 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Month Share Buyback Ratio for an Asset Management company?
A good 3-Month Share Buyback Ratio depends on the Asset Management industry context. However, 3-Month Share Buyback Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Month Share Buyback Ratio mean?
A high 3-Month Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. View historical data for Sprott Physical Gold Trust and its competitors. Sprott Physical Gold Trust's current 3-Month Share Buyback Ratio is 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sprott Physical Gold Trust stock overvalued right now?
Based on GuruFocus' analysis, Sprott Physical Gold Trust (PHYS) is currently considered Possible Value Trap. The stock's GF Value™ is $70.96, compared to a current price of $35.00 — trading 50.7% below its estimated fair value. The current 3-Month Share Buyback Ratio is 0.50. Sprott Physical Gold Trust's overall GF Score™ is 37/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Month Share Buyback Ratio calculated?
3-Month Share Buyback Ratio is calculated from a company's financial statements. For Sprott Physical Gold Trust (PHYS), the current 3-Month Share Buyback Ratio is 0.50 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Sprott Physical Gold Trust (PHYS) Overvalued in 2026?
Based on GuruFocus' analysis, Sprott Physical Gold Trust stock appears to be undervalued.
The current stock price of $35.00 is trading 50.7% below its estimated GF Value™ of $70.96.
GuruFocus considers Sprott Physical Gold Trust to be Possible Value Trap.
Key valuation signals for PHYS:
3-Month Share Buyback Ratio: 0.50
GF Value™: $70.96 vs. price of $35.00 (50.7% below fair value)
No single metric tells the full story. See the PHYS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sprott Physical Gold Trust is a closed-end mutual fund trust. The company provides a secure, convenient and exchange-traded investment alternative for investors interested in holding physical gold bullion without the inconvenience associated with direct investment in physical gold bullion. The company invests mainly in long-term holdings of unencumbered, fully allocated, physical gold bullion and does not and will not speculate about short-term changes in gold prices.
37GF Score
Get the complete analysis for PHYS
3-Month Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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