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GuruFocus has detected 5 Warning Signs with PS Business Parks Inc $PSB.
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PS Business Parks Inc (NYSE:PSB)
3-Year Average Share Buyback Ratio
-0.40 (As of Mar. 2017)

This is the average share buyback rate of the company over the past 3 years. A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.

PSB' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -133.4   Max: 12.4
Current: -0.4

-133.4
12.4

During the past 13 years, PS Business Parks Inc's highest 3-Year Average Share Buyback Ratio was 12.40. The lowest was -133.40. And the median was -0.40.

PSB's 3-Year Average Share Buyback Ratio is ranked higher than
84% of the 433 Companies
in the Global REIT - Diversified industry.

( Industry Median: -5.20 vs. PSB: -0.40 )

Definition

This is the average share buyback rate of the company over the past 3 years.


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.


Related Terms

Net Income

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