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.
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. Property For Industry's current 3-Year Share Buyback Ratio was 0.00%.
The historical rank and industry rank for Property For Industry's 3-Year Share Buyback Ratio or its related term are showing as below:
During the past 13 years, Property For Industry's highest 3-Year Share Buyback Ratio was 0.20%. The lowest was -26.50%. And the median was -2.50%.
PYIYF's 3-Year Share Buyback Ratio is not ranked *
in the REITs industry.
Industry Median: -2.8 * Ranked among companies with meaningful 3-Year Share Buyback Ratio only.
Property For Industry (OTCPK:PYIYF) 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.
Property For Industry 3-Year Share Buyback Ratio Related Terms
PYIYF vs PLD, PSA, EXR: 3-Year Share Buyback Ratio Comparison
For the REIT - Industrial subindustry, Property For Industry'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.
Property For Industry 3-Year Share Buyback Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Property For Industry's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Property For Industry's 3-Year Share Buyback Ratio falls into.
Property For Industry 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 0.00 mean?
Property For Industry (PYIYF) has a 3-Year Share Buyback Ratio of 0.00 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 Property For Industry and its competitors. According to the industry distribution chart, Property For Industry ranks #999999 out of 591 companies in the REITs industry.
Is Property For Industry's 3-Year Share Buyback Ratio too high?
Property For Industry's current 3-Year Share Buyback Ratio is 0.00. Based on the distribution chart, Property For Industry ranks #999999 out of 591 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Property For Industry has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Property For Industry's 3-Year Share Buyback Ratio compare to PLD and PSA?
According to the REITs industry distribution chart, Property For Industry ranks #999999 out of 591 companies for 3-Year Share Buyback Ratio. This places Property For Industry 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 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 Property For Industry and its competitors. Property For Industry's current 3-Year Share Buyback Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Property For Industry stock overvalued right now?
Property For Industry (PYIYF) has a current 3-Year Share Buyback Ratio of 0.00. The stock's GF Value™ is $1.38, compared to a current price of $1.26 — trading 8.7% below its estimated fair value. The current 3-Year Share Buyback Ratio is 0.00. Property For Industry's overall GF Score™ is 85/100 with 7 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 Property For Industry (PYIYF), the current 3-Year Share Buyback Ratio is 0.00 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 Property For Industry (PYIYF) Overvalued in 2026?
Based on GuruFocus' analysis, Property For Industry stock appears to be undervalued.
The current stock price of $1.26 is trading 8.7% below its estimated GF Value™ of $1.38.
Key valuation signals for PYIYF:
3-Year Share Buyback Ratio: 0.00
GF Value™: $1.38 vs. price of $1.26 (8.7% below fair value)
No single metric tells the full story. See the PYIYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Property For Industry Ltd is a New Zealand-based industrial property investment company. The company's portfolio is predominantly composed of industrial properties. Its investment properties are solely located in New Zealand, with the majority in Auckland and the remaining in other New Zealand cities. Its tenants encompass large enterprises such as Fisher and Paykel Appliances, Fletcher Building Products, Brambles, and Cottonsoft, among others. Rental and management fee income represents nearly all of its operating revenue.
85GF Score
Get the complete analysis for PYIYF
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
PYIYF has been successfully added to your 
