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Picard MedicalPMI +1.56%4 3-Year Share Buyback Ratio is -0.80 as of Jun. 2026. GuruFocus rates PMI with a GF Score™ of 4/100. The stock has 4 warning signs investors should review. Among 615 Medical Devices & Instruments companies, Picard Medical ranks better than 63.58% 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. Picard Medical's current 3-Year Share Buyback Ratio was -0.80%.
The historical rank and industry rank for Picard Medical's 3-Year Share Buyback Ratio or its related term are showing as below:
PMI'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -0.8 Med: -0.8 Max: -0.8
Current: -0.8
During the past 4 years, Picard Medical's highest 3-Year Share Buyback Ratio was -0.80%. The lowest was -0.80%. And the median was -0.80%.
PMI's 3-Year Share Buyback Ratio is ranked better than 63.58% of 615
companies
in the Medical Devices & Instruments industry
Industry Median: -2.6
vs PMI: -0.80
Picard Medical (AMEX:PMI) 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.
Picard Medical 3-Year Share Buyback Ratio Related Terms
PMI vs NMTC, LFWD, CTSO: 3-Year Share Buyback Ratio Comparison
For the Medical Devices subindustry, Picard Medical'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.
Picard Medical 3-Year Share Buyback Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Picard Medical's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Picard Medical's 3-Year Share Buyback Ratio falls into.
Picard Medical 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 -0.80 mean?
Picard Medical (PMI) has a 3-Year Share Buyback Ratio of -0.80 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 Picard Medical and its competitors. According to the industry distribution chart, Picard Medical ranks #224 out of 615 companies in the Medical Devices & Instruments industry, placing it in the top 36.4%.
Is Picard Medical's 3-Year Share Buyback Ratio too high?
Picard Medical's current 3-Year Share Buyback Ratio is -0.80. Based on the distribution chart, Picard Medical ranks #224 out of 615 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Picard Medical has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Picard Medical's 3-Year Share Buyback Ratio compare to NMTC and LFWD?
According to the Medical Devices & Instruments industry distribution chart, Picard Medical ranks #224 out of 615 companies for 3-Year Share Buyback Ratio. This puts Picard Medical in the upper 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 Medical Devices & Instruments company?
A good 3-Year Share Buyback Ratio depends on the Medical Devices & Instruments 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 Picard Medical and its competitors. Picard Medical's current 3-Year Share Buyback Ratio is -0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Picard Medical stock overvalued right now?
Picard Medical (PMI) has a current 3-Year Share Buyback Ratio of -0.80. The current 3-Year Share Buyback Ratio is -0.80. Picard Medical's overall GF Score™ is 4/100 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 Picard Medical (PMI), the current 3-Year Share Buyback Ratio is -0.80 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.
Picard Medical Inc operates through its wholly owned subsidiary, a medical technology company focused on developing, manufacturing, and commercializing the SynCardia TAH, an implantable total artificial heart system. The company is engaged in designing, manufacturing, producing, supplying, marketing, and selling medical device products, including the SynCardia TAH, which is designed to assume the full function of a failed human heart in patients suffering from advanced heart failure. The SynCardia TAH replaces both the left and right ventricles as well as all four heart valves.
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