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.
Globe LifeGL -7.02%83 3-Year Share Buyback Ratio is 6.50 as of Mar. 2026, which is 76% above its 10-year median of 3.70. GuruFocus rates GL with a GF Score™ of 83/100 and a GF Value™ of $149.09 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 279 Insurance companies, Globe Life ranks better than 94.27% 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. Globe Life's current 3-Year Share Buyback Ratio was 6.50%.
The historical rank and industry rank for Globe Life's 3-Year Share Buyback Ratio or its related term are showing as below:
GL'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: 0.5 Med: 3.7 Max: 21.5
Current: 6.5
During the past 13 years, Globe Life's highest 3-Year Share Buyback Ratio was 21.50%. The lowest was 0.50%. And the median was 3.70%.
GL's 3-Year Share Buyback Ratio is ranked better than 94.27% of 279
companies
in the Insurance industry
Industry Median: -0.1
vs GL: 6.50
Globe Life (NYSE:GL) 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.
Globe Life 3-Year Share Buyback Ratio Related Terms
GL vs UNM, PRI, JXN: 3-Year Share Buyback Ratio Comparison
For the Insurance - Life subindustry, Globe Life'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.
Globe Life 3-Year Share Buyback Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, Globe Life's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Globe Life's 3-Year Share Buyback Ratio falls into.
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 6.50 mean?
Globe Life (GL) has a 3-Year Share Buyback Ratio of 6.50 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 Globe Life and its competitors. This is 76% above median its historical median of 3.70. Over the past decade, Globe Life's 3-Year Share Buyback Ratio has ranged from 0.50 to 21.50. According to the industry distribution chart, Globe Life ranks #16 out of 279 companies in the Insurance industry, placing it in the top 5.7%.
Is Globe Life's 3-Year Share Buyback Ratio too high?
Globe Life's current 3-Year Share Buyback Ratio of 6.50 is 76% above median its 10-year median of 3.70. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 21.50. Based on the distribution chart, Globe Life ranks #16 out of 279 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Globe Life has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Globe Life's 3-Year Share Buyback Ratio compare to UNM and PRI?
According to the Insurance industry distribution chart, Globe Life ranks #16 out of 279 companies for 3-Year Share Buyback Ratio. This places Globe Life in the top 6% of its industry — outperforming the majority of peers. Historically, Globe Life's own 3-Year Share Buyback Ratio has ranged from 0.50 to 21.50 over the past decade. 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 Globe Life and its competitors. Globe Life's current 3-Year Share Buyback Ratio is 6.50, which is 76% above median its own 10-year median of 3.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globe Life stock overvalued right now?
Based on GuruFocus' analysis, Globe Life (GL) is currently considered Modestly Overvalued. The stock's GF Value™ is $149.09, compared to a current price of $171.08 — trading 14.7% above its estimated fair value. The current 3-Year Share Buyback Ratio is 6.50, which is 76% above median its 10-year median of 3.70. Globe Life's overall GF Score™ is 83/100 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 Globe Life (GL), the current 3-Year Share Buyback Ratio is 6.50 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 Globe Life (GL) Overvalued in 2026?
Based on GuruFocus' analysis, Globe Life stock appears to be overvalued.
The current stock price of $171.08 is trading 14.7% above its estimated GF Value™ of $149.09.
GuruFocus considers Globe Life to be Modestly Overvalued.
Key valuation signals for GL:
3-Year Share Buyback Ratio: 6.50 (76% above median its 10-year median of 3.70)
GF Value™: $149.09 vs. price of $171.08 (14.7% above fair value)
No single metric tells the full story. See the GL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Globe Life Inc is an insurance holding company. It provides a variety of life and supplemental health insurance products and annuities to a broad base of customers. The company's core operations are organized into three reportable segments: life insurance, supplemental health insurance and investments. Investment activities, conducted by the investment segment, focus on seeking investments with a yield and term appropriate to support the insurance product obligations. These investments generally consist of fixed maturities and, over the long term, the expected yields are considered when setting insurance premium rates and product profitability expectations.
83GF Score
Get the complete analysis for GL
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
GL has been successfully added to your 
