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PhotoCure ASAFRA:PHS +1.59%70 3-Year Share Buyback Ratio is 0.60 as of Mar. 2026. GuruFocus rates FRA:PHS with a GF Score™ of 70/100 and a GF Value™ of €6.30 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 645 Drug Manufacturers companies, PhotoCure ASA ranks better than 87.44% on this metric.
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. PhotoCure ASA's current 3-Year Share Buyback Ratio was 0.60%.
The historical rank and industry rank for PhotoCure ASA's 3-Year Share Buyback Ratio or its related term are showing as below:
FRA:PHS'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -7.9 Med: -0.3 Max: 1.1
Current: 0.6
During the past 13 years, PhotoCure ASA's highest 3-Year Share Buyback Ratio was 1.10%. The lowest was -7.90%. And the median was -0.30%.
FRA:PHS's 3-Year Share Buyback Ratio is ranked better than 87.44% of 645
companies
in the Drug Manufacturers industry
Industry Median: -1.9
vs FRA:PHS: 0.60
PhotoCure ASA (FRA:PHS) 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.
PhotoCure ASA 3-Year Share Buyback Ratio Related Terms
FRA:PHS vs ZTS, UTHR, VTRS: 3-Year Share Buyback Ratio Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, PhotoCure ASA'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.
PhotoCure ASA 3-Year Share Buyback Ratio vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, PhotoCure ASA's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where PhotoCure ASA's 3-Year Share Buyback Ratio falls into.
PhotoCure ASA 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 0.60 mean?
PhotoCure ASA (FRA:PHS) has a 3-Year Share Buyback Ratio of 0.60 as of Mar. 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 PhotoCure ASA and its competitors. According to the industry distribution chart, PhotoCure ASA ranks #81 out of 645 companies in the Drug Manufacturers industry, placing it in the top 12.6%.
Is PhotoCure ASA's 3-Year Share Buyback Ratio too high?
PhotoCure ASA's current 3-Year Share Buyback Ratio is 0.60. Based on the distribution chart, PhotoCure ASA ranks #81 out of 645 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, PhotoCure ASA has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PhotoCure ASA's 3-Year Share Buyback Ratio compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, PhotoCure ASA ranks #81 out of 645 companies for 3-Year Share Buyback Ratio. This places PhotoCure ASA in the top 13% 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 Drug Manufacturers company?
A good 3-Year Share Buyback Ratio depends on the Drug Manufacturers 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 PhotoCure ASA and its competitors. PhotoCure ASA's current 3-Year Share Buyback Ratio is 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PhotoCure ASA stock overvalued right now?
Based on GuruFocus' analysis, PhotoCure ASA (FRA:PHS) is currently considered Modestly Undervalued. The stock's GF Value™ is €6.30, compared to a current price of €5.11 — trading 18.9% below its estimated fair value. The current 3-Year Share Buyback Ratio is 0.60. PhotoCure ASA's overall GF Score™ is 70/100 with 1 warning sign 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 PhotoCure ASA (FRA:PHS), the current 3-Year Share Buyback Ratio is 0.60 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 PhotoCure ASA (FRA:PHS) Overvalued in 2026?
Based on GuruFocus' analysis, PhotoCure ASA stock appears to be undervalued.
The current stock price of €5.11 is trading 18.9% below its estimated GF Value™ of €6.30.
GuruFocus considers PhotoCure ASA to be Modestly Undervalued.
Key valuation signals for FRA:PHS:
3-Year Share Buyback Ratio: 0.60
GF Value™: €6.30 vs. price of €5.11 (18.9% below fair value)
No single metric tells the full story. See the FRA:PHS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PhotoCure ASA is a Norway-based business group associated with the research, development, production, distribution, marketing, and sales of pharmaceutical products and specialty pharmaceutical companies. The technology platform of the company is focused on the field of photodynamic diagnosis and treatment of cancer. The company has two operating segments of the group the Commercial franchise and the Development portfolio. It generates prime revenue from the Commercial franchise segment, which includes Hexvix and Cysview products. Its geographical segments are Nordic countries, Germany, France, Austria, the United Kingdom, BeNeLux, Italy, Other European countries, Canada, and the United States.
70GF Score
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