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. Sun Life Financial's current 3-Year Share Buyback Ratio was 1.90%.
The historical rank and industry rank for Sun Life Financial's 3-Year Share Buyback Ratio or its related term are showing as below:
PHS:SLF'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -15.6 Med: 0 Max: 2
Current: 1.9
During the past 13 years, Sun Life Financial's highest 3-Year Share Buyback Ratio was 2.00%. The lowest was -15.60%. And the median was 0.00%.
PHS:SLF's 3-Year Share Buyback Ratio is ranked better than 77.06% of 279
companies
in the Insurance industry
Industry Median: -0.1
vs PHS:SLF: 1.90
Sun Life Financial (PHS:SLF) 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.
Sun Life Financial 3-Year Share Buyback Ratio Related Terms
PHS:SLF vs BRK.A, AIG, HIG: 3-Year Share Buyback Ratio Comparison
For the Insurance - Diversified subindustry, Sun Life Financial'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.
Sun Life Financial 3-Year Share Buyback Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, Sun Life Financial's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Sun Life Financial's 3-Year Share Buyback Ratio falls into.
Sun Life Financial 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 1.90 mean?
Sun Life Financial (PHS:SLF) has a 3-Year Share Buyback Ratio of 1.90 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 Sun Life Financial and its competitors. According to the industry distribution chart, Sun Life Financial ranks #64 out of 279 companies in the Insurance industry, placing it in the top 22.9%.
Is Sun Life Financial's 3-Year Share Buyback Ratio too high?
Sun Life Financial's current 3-Year Share Buyback Ratio is 1.90. Based on the distribution chart, Sun Life Financial ranks #64 out of 279 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Sun Life Financial has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sun Life Financial's 3-Year Share Buyback Ratio compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Sun Life Financial ranks #64 out of 279 companies for 3-Year Share Buyback Ratio. This places Sun Life Financial in the top 23% 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 an Insurance company?
A good 3-Year Share Buyback Ratio depends on the Insurance 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 Sun Life Financial and its competitors. Sun Life Financial's current 3-Year Share Buyback Ratio is 1.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sun Life Financial stock overvalued right now?
Based on GuruFocus' analysis, Sun Life Financial (PHS:SLF) is currently considered Modestly Overvalued. The stock's GF Value™ is ₱3,715.71, compared to a current price of ₱4,702.00 — trading 26.5% above its estimated fair value. The current 3-Year Share Buyback Ratio is 1.90. Sun Life Financial's overall GF Score™ is 76/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For Sun Life Financial (PHS:SLF), the current 3-Year Share Buyback Ratio is 1.90 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 Sun Life Financial (PHS:SLF) Overvalued in 2026?
Based on GuruFocus' analysis, Sun Life Financial stock appears to be overvalued.
The current stock price of ₱4,702.00 is trading 26.5% above its estimated GF Value™ of ₱3,715.71.
GuruFocus considers Sun Life Financial to be Modestly Overvalued.
Key valuation signals for PHS:SLF:
3-Year Share Buyback Ratio: 1.90
GF Value™: ₱3,715.71 vs. price of ₱4,702.00 (26.5% above fair value)
No single metric tells the full story. See the PHS:SLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sun Life Financial is one of the Big Three Canadian life insurers. The Canadian business contributed around 35% of its 2025 adjusted earnings. In that segment, the firm provides health, life insurance, and annuity products to individual and group customers. Its US business is mostly group health and contributed about 17% of the firm's adjusted earnings in 2025. Sun Life also offers life insurance and wealth products in several Asian markets with a strong presence in Hong Kong and the Philippines. The Asia segment contributed around 18% of adjusted 2024 earnings. Its asset management business had around CAD 1.2 trillion total assets under management or administration at the end of 2025 and represents around 30% of the firm's earnings.
76GF Score
Get the complete analysis for PHS:SLF
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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