Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
poLight ASAOSL:PLT -8.55%39 3-Year Share Buyback Ratio is -48.40 as of Jun. 2026. GuruFocus rates OSL:PLT with a GF Score™ of 39/100 and a GF Value™ of kr5.74 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,617 Hardware companies, poLight ASA ranks worse than 96.04% 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. poLight ASA's current 3-Year Share Buyback Ratio was -48.40%.
The historical rank and industry rank for poLight ASA's 3-Year Share Buyback Ratio or its related term are showing as below:
OSL:PLT'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -92.4 Med: -25.8 Max: 0
Current: -48.4
During the past 12 years, poLight ASA's highest 3-Year Share Buyback Ratio was 0.00%. The lowest was -92.40%. And the median was -25.80%.
OSL:PLT's 3-Year Share Buyback Ratio is ranked worse than 96.04% of 1617
companies
in the Hardware industry
Industry Median: -1.2
vs OSL:PLT: -48.40
poLight ASA (OSL:PLT) 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.
poLight ASA 3-Year Share Buyback Ratio Related Terms
OSL:PLT vs APH, GLW, TEL: 3-Year Share Buyback Ratio Comparison
For the Electronic Components subindustry, poLight 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.
poLight ASA 3-Year Share Buyback Ratio vs Hardware Industry
For the Hardware industry and Technology sector, poLight ASA's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where poLight ASA's 3-Year Share Buyback Ratio falls into.
poLight 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 -48.40 mean?
poLight ASA (OSL:PLT) has a 3-Year Share Buyback Ratio of -48.40 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 poLight ASA and its competitors. According to the industry distribution chart, poLight ASA ranks #1553 out of 1617 companies in the Hardware industry, placing it in the top 96%.
Is poLight ASA's 3-Year Share Buyback Ratio too high?
poLight ASA's current 3-Year Share Buyback Ratio is -48.40. Based on the distribution chart, poLight ASA ranks #1553 out of 1617 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, poLight ASA has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does poLight ASA's 3-Year Share Buyback Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, poLight ASA ranks #1553 out of 1617 companies for 3-Year Share Buyback Ratio. This places poLight ASA in the lower half of its industry. 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 Hardware company?
A good 3-Year Share Buyback Ratio depends on the Hardware 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 poLight ASA and its competitors. poLight ASA's current 3-Year Share Buyback Ratio is -48.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is poLight ASA stock overvalued right now?
Based on GuruFocus' analysis, poLight ASA (OSL:PLT) is currently considered Significantly Overvalued. The stock's GF Value™ is kr5.74, compared to a current price of kr12.20 — trading 112.5% above its estimated fair value. The current 3-Year Share Buyback Ratio is -48.40. poLight ASA's overall GF Score™ is 39/100 with 4 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 poLight ASA (OSL:PLT), the current 3-Year Share Buyback Ratio is -48.40 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 poLight ASA (OSL:PLT) Overvalued in 2026?
Based on GuruFocus' analysis, poLight ASA stock appears to be overvalued.
The current stock price of kr12.20 is trading 112.5% above its estimated GF Value™ of kr5.74.
GuruFocus considers poLight ASA to be Significantly Overvalued.
Key valuation signals for OSL:PLT:
3-Year Share Buyback Ratio: -48.40
GF Value™: kr5.74 vs. price of kr12.20 (112.5% above fair value)
No single metric tells the full story. See the OSL:PLT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
poLight ASA provides photographic lenses used in cameras for smartphones, wearables such as watches and glasses, and industrial applications including medical and retail. The company specializes in optics, polymers, micro-electromechanical systems technology, and image application and processing. Its products include Driver ASIC and TLens. The Group has only one operating segment the TLens technology platform. Its geographical segments are the United States, Asia, and Europe.
39GF Score
Get the complete analysis for OSL:PLT
3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
OSL:PLT has been successfully added to your 
