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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. Mesa Laboratories's current 3-Year Share Buyback Ratio was -1.00%.
The historical rank and industry rank for Mesa Laboratories's 3-Year Share Buyback Ratio or its related term are showing as below:
MLAB'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -19.7 Med: -1.2 Max: 6.5
Current: -1
During the past 13 years, Mesa Laboratories's highest 3-Year Share Buyback Ratio was 6.50%. The lowest was -19.70%. And the median was -1.20%.
MLAB's 3-Year Share Buyback Ratio is ranked better than 53.07% of 1615
companies
in the Hardware industry
Industry Median: -1.3
vs MLAB: -1.00
Mesa Laboratories (NAS:MLAB) 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.
Mesa Laboratories 3-Year Share Buyback Ratio Related Terms
MLAB vs AERG, USBC, WRAP: 3-Year Share Buyback Ratio Comparison
For the Scientific & Technical Instruments subindustry, Mesa Laboratories'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.
Mesa Laboratories 3-Year Share Buyback Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Mesa Laboratories's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Mesa Laboratories's 3-Year Share Buyback Ratio falls into.
Mesa Laboratories 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 -1.00 mean?
Mesa Laboratories (MLAB) has a 3-Year Share Buyback Ratio of -1.00 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 Mesa Laboratories and its competitors. According to the industry distribution chart, Mesa Laboratories ranks #758 out of 1615 companies in the Hardware industry, placing it in the top 46.9%.
Is Mesa Laboratories' 3-Year Share Buyback Ratio too high?
Mesa Laboratories' current 3-Year Share Buyback Ratio is -1.00. Based on the distribution chart, Mesa Laboratories ranks #758 out of 1615 companies in the Hardware industry, which is above the industry midpoint. Overall, Mesa Laboratories has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mesa Laboratories' 3-Year Share Buyback Ratio compare to AERG and USBC?
According to the Hardware industry distribution chart, Mesa Laboratories ranks #758 out of 1615 companies for 3-Year Share Buyback Ratio. This puts Mesa Laboratories 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 Hardware company?
A good 3-Year Share Buyback Ratio depends on the Hardware 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 Mesa Laboratories and its competitors. Mesa Laboratories's current 3-Year Share Buyback Ratio is -1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mesa Laboratories stock overvalued right now?
Based on GuruFocus' analysis, Mesa Laboratories (MLAB) is currently considered Modestly Undervalued. The stock's GF Value™ is $116.41, compared to a current price of $101.10 — trading 13.2% below its estimated fair value. The current 3-Year Share Buyback Ratio is -1.00. Mesa Laboratories' overall GF Score™ is 77/100 with 6 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 Mesa Laboratories (MLAB), the current 3-Year Share Buyback Ratio is -1.00 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 Mesa Laboratories (MLAB) Overvalued in 2026?
Based on GuruFocus' analysis, Mesa Laboratories stock appears to be undervalued.
The current stock price of $101.10 is trading 13.2% below its estimated GF Value™ of $116.41.
GuruFocus considers Mesa Laboratories to be Modestly Undervalued.
Key valuation signals for MLAB:
3-Year Share Buyback Ratio: -1.00
GF Value™: $116.41 vs. price of $101.10 (13.2% below fair value)
No single metric tells the full story. See the MLAB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mesa Laboratories Inc manufactures life sciences tools and critical quality control solutions. It operates in four divisions: i) Sterilization and Disinfection Control, which manufactures and sells biological, chemical, and cleaning indicators used to assess the effectiveness of sterilization, decontamination, disinfection, and cleaning processes. ii) Clinical Genomics division develops, manufactures, and sells sensitive, low-cost, high-throughput genetic analysis tools and related consumables. iii) The Biopharmaceutical Development division develops, manufactures, and sells automated systems for protein analysis (immunoassays) and peptide synthesis solutions. iv) The Calibration Solutions division develops, manufactures, sells, and services quality control products.
77GF Score
Get the complete analysis for MLAB
3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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