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Salem Media GroupSALM 35 3-Year Share Buyback Ratio is -5.30 as of Jun. 2026. GuruFocus rates SALM with a GF Score™ of 35/100 and a GF Value™ of $0.40 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 630 Media - Diversified companies, Salem Media Group ranks worse than 66.83% 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. Salem Media Group's current 3-Year Share Buyback Ratio was -5.30%.
The historical rank and industry rank for Salem Media Group's 3-Year Share Buyback Ratio or its related term are showing as below:
SALM'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -5.3 Med: -0.9 Max: 3
Current: -5.3
During the past 13 years, Salem Media Group's highest 3-Year Share Buyback Ratio was 3.00%. The lowest was -5.30%. And the median was -0.90%.
SALM's 3-Year Share Buyback Ratio is ranked worse than 66.83% of 630
companies
in the Media - Diversified industry
Industry Median: -1.05
vs SALM: -5.30
Salem Media Group (OTCPK:SALM) 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.
Salem Media Group 3-Year Share Buyback Ratio Related Terms
SALM vs BBGI, UONE, XHLD: 3-Year Share Buyback Ratio Comparison
For the Broadcasting subindustry, Salem Media Group'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.
Salem Media Group 3-Year Share Buyback Ratio vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Salem Media Group's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Salem Media Group's 3-Year Share Buyback Ratio falls into.
Salem Media Group 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 -5.30 mean?
Salem Media Group (SALM) has a 3-Year Share Buyback Ratio of -5.30 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 Salem Media Group and its competitors. According to the industry distribution chart, Salem Media Group ranks #421 out of 630 companies in the Media - Diversified industry, placing it in the top 66.8%.
Is Salem Media Group's 3-Year Share Buyback Ratio too high?
Salem Media Group's current 3-Year Share Buyback Ratio is -5.30. Based on the distribution chart, Salem Media Group ranks #421 out of 630 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Salem Media Group has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Salem Media Group's 3-Year Share Buyback Ratio compare to BBGI and UONE?
According to the Media - Diversified industry distribution chart, Salem Media Group ranks #421 out of 630 companies for 3-Year Share Buyback Ratio. This places Salem Media Group 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 Media - Diversified company?
A good 3-Year Share Buyback Ratio depends on the Media - Diversified 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 Salem Media Group and its competitors. Salem Media Group's current 3-Year Share Buyback Ratio is -5.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salem Media Group stock overvalued right now?
Based on GuruFocus' analysis, Salem Media Group (SALM) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.40, compared to a current price of $1.00 — trading 150% above its estimated fair value. The current 3-Year Share Buyback Ratio is -5.30. Salem Media Group's overall GF Score™ is 35/100 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 Salem Media Group (SALM), the current 3-Year Share Buyback Ratio is -5.30 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 Salem Media Group (SALM) Overvalued in 2026?
Based on GuruFocus' analysis, Salem Media Group stock appears to be overvalued.
The current stock price of $1.00 is trading 150% above its estimated GF Value™ of $0.40.
GuruFocus considers Salem Media Group to be Significantly Overvalued.
Key valuation signals for SALM:
3-Year Share Buyback Ratio: -5.30
GF Value™: $0.40 vs. price of $1.00 (150% above fair value)
No single metric tells the full story. See the SALM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Salem Media Group Inc is a domestic multimedia company specializing in Christian and conservative content, with media properties comprising radio broadcasting, digital media, and publishing. Its content is intended for audiences interested in Christian and family themed programming and conservative news talk. The company derives revenue from the sale of block program time to national and local program producers; the sale of advertising time on its radio stations to national and local advertisers; the sale of banner advertisements on websites or mobile applications; digital newsletters; fees earned for the creation of custom digital media campaigns; syndication of programming on its national network; product sales and royalties for on-air host materials, podcasts, programs and others.
35GF Score
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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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