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.
HCW BiologicsHCWB -0.58%37 3-Year Share Buyback Ratio is -54.30 as of Mar. 2026. GuruFocus rates HCWB with a GF Score™ of 37/100 and a GF Value™ of $43.70 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,195 Biotechnology companies, HCW Biologics ranks worse than 84.6% 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. HCW Biologics's current 3-Year Share Buyback Ratio was -54.30%.
The historical rank and industry rank for HCW Biologics's 3-Year Share Buyback Ratio or its related term are showing as below:
HCWB'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -54.3 Med: -4.65 Max: -1.4
Current: -54.3
During the past 7 years, HCW Biologics's highest 3-Year Share Buyback Ratio was -1.40%. The lowest was -54.30%. And the median was -4.65%.
HCWB's 3-Year Share Buyback Ratio is ranked worse than 84.6% of 1195
companies
in the Biotechnology industry
Industry Median: -11.7
vs HCWB: -54.30
HCW Biologics (NAS:HCWB) 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.
HCW Biologics 3-Year Share Buyback Ratio Related Terms
HCWB vs GOVX, GLMD, SXTP: 3-Year Share Buyback Ratio Comparison
For the Biotechnology subindustry, HCW Biologics'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.
HCW Biologics 3-Year Share Buyback Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, HCW Biologics's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where HCW Biologics's 3-Year Share Buyback Ratio falls into.
HCW Biologics 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 -54.30 mean?
HCW Biologics (HCWB) has a 3-Year Share Buyback Ratio of -54.30 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 HCW Biologics and its competitors. According to the industry distribution chart, HCW Biologics ranks #1011 out of 1195 companies in the Biotechnology industry, placing it in the top 84.6%.
Is HCW Biologics' 3-Year Share Buyback Ratio too high?
HCW Biologics' current 3-Year Share Buyback Ratio is -54.30. Based on the distribution chart, HCW Biologics ranks #1011 out of 1195 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, HCW Biologics has a GF Score™ of 37/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HCW Biologics' 3-Year Share Buyback Ratio compare to GOVX and GLMD?
According to the Biotechnology industry distribution chart, HCW Biologics ranks #1011 out of 1195 companies for 3-Year Share Buyback Ratio. This places HCW Biologics 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 Biotechnology company?
A good 3-Year Share Buyback Ratio depends on the Biotechnology 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 HCW Biologics and its competitors. HCW Biologics's current 3-Year Share Buyback Ratio is -54.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HCW Biologics stock overvalued right now?
Based on GuruFocus' analysis, HCW Biologics (HCWB) is currently considered Possible Value Trap. The stock's GF Value™ is $43.70, compared to a current price of $3.21 — trading 92.7% below its estimated fair value. The current 3-Year Share Buyback Ratio is -54.30. HCW Biologics' overall GF Score™ is 37/100 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 HCW Biologics (HCWB), the current 3-Year Share Buyback Ratio is -54.30 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 HCW Biologics (HCWB) Overvalued in 2026?
Based on GuruFocus' analysis, HCW Biologics stock appears to be undervalued.
The current stock price of $3.21 is trading 92.7% below its estimated GF Value™ of $43.70.
GuruFocus considers HCW Biologics to be Possible Value Trap.
Key valuation signals for HCWB:
3-Year Share Buyback Ratio: -54.30
GF Value™: $43.70 vs. price of $3.21 (92.7% below fair value)
No single metric tells the full story. See the HCWB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HCW Biologics Inc is a clinical-stage biopharmaceutical company developing transformative fusion immunotherapeutics to support or treat diseases promoted by chronic inflammation. It has created novel compounds that represent a new class of drugs that it believes has the potential to fundamentally change the treatment of autoimmune disorders and other proinflammatory diseases, cancer and senescence-associated dysplasia. The company has developed two proprietary drug discovery and development platforms which it uses to create novel fusion immunotherapeutics: The TOBI (Tissue factOr-Based fusIon) platform, and The T-cell Receptor Beta Chain constant region (TRBC) platform. It operates and manages its business as one reportable segment.
37GF Score
Get the complete analysis for HCWB
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
HCWB has been successfully added to your 
