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Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Dream Office Real Estate Investment Trust's current 3-Year Share Buyback Ratio was 10.80%.
DRETF'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -58.1 Med: 5.5 Max: 18.7
Current: 10.8
During the past 13 years, Dream Office Real Estate Investment Trust's highest 3-Year Share Buyback Ratio was 18.70%. The lowest was -58.10%. And the median was 5.50%.
DRETF's 3-Year Share Buyback Ratio is ranked better than 98.84% of 603
companies
in the REITs industry
Industry Median: -3
vs DRETF: 10.80
Dream Office Real Estate Investment Trust (OTCPK:DRETF) 3-Year Share Buyback Ratio 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.
Dream Office Real Estate Investment Trust 3-Year Share Buyback Ratio Related Terms
DRETF vs BXP, ARE, VNO: 3-Year Share Buyback Ratio Comparison
For the REIT - Office subindustry, Dream Office Real Estate Investment Trust's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year 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.
Dream Office Real Estate Investment Trust 3-Year Share Buyback Ratio vs REITs Industry
Dream Office Real Estate Investment Trust 3-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Share Buyback Ratio of 10.80 mean?
Dream Office Real Estate Investment Trust (DRETF) has a 3-Year Share Buyback Ratio of 10.80 as of Jun. 2026. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Dream Office Real Estate Investment Trust and its competitors. This is 96% above median its historical median of 5.50. According to the industry distribution chart, Dream Office Real Estate Investment Trust ranks #7 out of 603 companies in the REITs industry, placing it in the top 1.2%.
Is Dream Office Real Estate Investment Trust's 3-Year Share Buyback Ratio too high?
Dream Office Real Estate Investment Trust's current 3-Year Share Buyback Ratio of 10.80 is 96% above median its 10-year median of 5.50. Based on the distribution chart, Dream Office Real Estate Investment Trust ranks #7 out of 603 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Dream Office Real Estate Investment Trust has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dream Office Real Estate Investment Trust's 3-Year Share Buyback Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Dream Office Real Estate Investment Trust ranks #7 out of 603 companies for 3-Year Share Buyback Ratio. This places Dream Office Real Estate Investment Trust in the top 1% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for a REITs company?
A good 3-Year Share Buyback Ratio depends on the REITs industry context. However, 3-Year 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-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Dream Office Real Estate Investment Trust and its competitors. Dream Office Real Estate Investment Trust's current 3-Year Share Buyback Ratio is 10.80, which is 96% above median its own 10-year median of 5.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dream Office Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Dream Office Real Estate Investment Trust (DRETF) is currently considered Fairly Valued. The stock's GF Value™ is $12.42, compared to a current price of $12.96 — trading 4.3% above its estimated fair value. The current 3-Year Share Buyback Ratio is 10.80, which is 96% above median its 10-year median of 5.50. Dream Office Real Estate Investment Trust's overall GF Score™ is 68/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For Dream Office Real Estate Investment Trust (DRETF), the current 3-Year Share Buyback Ratio is 10.80 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 Dream Office Real Estate Investment Trust (DRETF) Overvalued in 2026?
Based on GuruFocus' analysis, Dream Office Real Estate Investment Trust stock appears to be overvalued.
The current stock price of $12.96 is trading 4.3% above its estimated GF Value™ of $12.42.
GuruFocus considers Dream Office Real Estate Investment Trust to be Fairly Valued.
Key valuation signals for DRETF:
3-Year Share Buyback Ratio: 10.80 (96% above median its 10-year median of 5.50)
GF Value™: $12.42 vs. price of $12.96 (4.3% above fair value)
No single metric tells the full story. See the DRETF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dream Office Real Estate Investment Trust is a real estate investment trust that acquires, manages, and leases central business district and suburban office properties in urban areas throughout Canada. The majority of the company's real estate portfolio, in terms of revenue generation, is located in the Canadian province of Ontario. The province of Alberta also brings in a sizable percentage of revenue. The company generates nearly all of its revenue in the form of rental income from mid-to long-term lease agreements with tenants. The company's office buildings located in central business districts are responsible for the vast majority of its revenue generation.
68GF Score
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3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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