PMREF (Primaris REIT) 3-Month Share Buyback Ratio: 0.17% (As of Mar. 2026 )


PMREF Primaris REIT PMREF
83 GF Score
Price $14.75
GF Value $13.14
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Primaris REIT 3-Month Share Buyback Ratio?

Primaris REIT PMREF 83 3-Month Share Buyback Ratio is 0.17 as of Mar. 2026. GuruFocus rates PMREF with a GF Score™ of 83/100 and a GF Value™ of $13.14 (Modestly Overvalued). The stock has 8 warning signs investors should review.

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. Primaris REIT's current 3-Month Share Buyback Ratio was 0.17%.

Primaris REIT  (OTCPK:PMREF) 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.

Primaris REIT 3-Month Share Buyback Ratio Related Terms

PMREF vs SPG, O, KIM: 3-Month Share Buyback Ratio Comparison

For the REIT - Retail subindustry, Primaris REIT'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.

Primaris REIT 3-Month Share Buyback Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Primaris REIT's 3-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Primaris REIT's 3-Month Share Buyback Ratio falls into.


PMREF
83GF Score
Primaris REIT PMREF
3-Month Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Primaris REIT 3-Month Share Buyback Ratio Calculation

Primaris REIT's 3-Month Share Buyback Ratio for the quarter that ended in Mar. 2026 is calculated as

3-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Dec. 2025 ) - Shares Outstanding (EOP) (Mar. 2026 )) / Shares Outstanding (EOP) (Dec. 2025 )
=(117.960 - 117.765) / 117.960
=0.17%

* 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 0.17 mean?
Primaris REIT (PMREF) has a 3-Month Share Buyback Ratio of 0.17 as of Mar. 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 Primaris REIT and its competitors.
Is Primaris REIT's 3-Month Share Buyback Ratio too high?
Primaris REIT's current 3-Month Share Buyback Ratio is 0.17. Overall, Primaris REIT has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Primaris REIT's 3-Month Share Buyback Ratio compare to SPG and O?
Primaris REIT's 3-Month Share Buyback Ratio of 0.17 can be compared against companies in the REITs 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 a REITs company?
A good 3-Month Share Buyback Ratio depends on the REITs 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 Primaris REIT and its competitors. Primaris REIT's current 3-Month Share Buyback Ratio is 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primaris REIT stock overvalued right now?
Based on GuruFocus' analysis, Primaris REIT (PMREF) is currently considered Modestly Overvalued. The stock's GF Value™ is $13.14, compared to a current price of $14.75 — trading 12.3% above its estimated fair value. The current 3-Month Share Buyback Ratio is 0.17. Primaris REIT's overall GF Score™ is 83/100 with 8 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 Primaris REIT (PMREF), the current 3-Month Share Buyback Ratio is 0.17 as of Mar. 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 Primaris REIT (PMREF) Overvalued in 2026?

Based on GuruFocus' analysis, Primaris REIT stock appears to be overvalued. The current stock price of $14.75 is trading 12.3% above its estimated GF Value™ of $13.14. GuruFocus considers Primaris REIT to be Modestly Overvalued.

Key valuation signals for PMREF:

  • 3-Month Share Buyback Ratio: 0.17
  • GF Value™: $13.14 vs. price of $14.75 (12.3% above fair value)
  • GF Score™: 83/100 with 8 warning signs

No single metric tells the full story. See the PMREF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Primaris REIT Business Description

Industry Real EstateREITs
Other Exchanges H0D:GermanyPMZ.UN:Canada
Address 181 Bay Street, Suite 2720, Brookfield Place, Toronto, ON, CAN, M5J 2T3
Primaris REIT is an unincorporated, open-ended real estate investment trust. Through its subsidiaries, it owns, develops, and operates a national retail portfolio focused on enclosed shopping centres located in secondary Canadian markets. Its property portfolio includes: Dufferin Mall, Cataraqui Centre, Stone Road Mall, Orchard Park, Kildonan Place, Halifax Shopping Centre, Marlborough Mall, and Devonshire Mall. The company generates a majority of its revenue from the Rent receivables.
83GF Score

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3-Month Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$14.75
Price
$13.14
GF Value