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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. Turtle Beach's current 3-Year Share Buyback Ratio was -5.00%.
The historical rank and industry rank for Turtle Beach's 3-Year Share Buyback Ratio or its related term are showing as below:
TBCH'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -120.8 Med: -7.8 Max: -4.2
Current: -5
During the past 13 years, Turtle Beach's highest 3-Year Share Buyback Ratio was -4.20%. The lowest was -120.80%. And the median was -7.80%.
TBCH's 3-Year Share Buyback Ratio is ranked worse than 69.86% of 1619
companies
in the Hardware industry
Industry Median: -1.3
vs TBCH: -5.00
Turtle Beach (NAS:TBCH) 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.
Turtle Beach 3-Year Share Buyback Ratio Related Terms
TBCH vs VUZI, FXHO, GPRO: 3-Year Share Buyback Ratio Comparison
For the Consumer Electronics subindustry, Turtle Beach'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.
Turtle Beach 3-Year Share Buyback Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Turtle Beach's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Turtle Beach's 3-Year Share Buyback Ratio falls into.
Turtle Beach 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 -5.00 mean?
Turtle Beach (TBCH) has a 3-Year Share Buyback Ratio of -5.00 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 Turtle Beach and its competitors. According to the industry distribution chart, Turtle Beach ranks #1131 out of 1619 companies in the Hardware industry, placing it in the top 69.9%.
Is Turtle Beach's 3-Year Share Buyback Ratio too high?
Turtle Beach's current 3-Year Share Buyback Ratio is -5.00. Based on the distribution chart, Turtle Beach ranks #1131 out of 1619 companies in the Hardware industry, which is below the industry midpoint. Overall, Turtle Beach has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Turtle Beach's 3-Year Share Buyback Ratio compare to VUZI and FXHO?
According to the Hardware industry distribution chart, Turtle Beach ranks #1131 out of 1619 companies for 3-Year Share Buyback Ratio. This places Turtle Beach 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 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 Turtle Beach and its competitors. Turtle Beach's current 3-Year Share Buyback Ratio is -5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turtle Beach stock overvalued right now?
Based on GuruFocus' analysis, Turtle Beach (TBCH) is currently considered Fairly Valued. The stock's GF Value™ is $13.72, compared to a current price of $12.45 — trading 9.3% below its estimated fair value. The current 3-Year Share Buyback Ratio is -5.00. Turtle Beach's overall GF Score™ is 74/100 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 Turtle Beach (TBCH), the current 3-Year Share Buyback Ratio is -5.00 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 Turtle Beach (TBCH) Overvalued in 2026?
Based on GuruFocus' analysis, Turtle Beach stock appears to be undervalued.
The current stock price of $12.45 is trading 9.3% below its estimated GF Value™ of $13.72.
GuruFocus considers Turtle Beach to be Fairly Valued.
Key valuation signals for TBCH:
3-Year Share Buyback Ratio: -5.00
GF Value™: $13.72 vs. price of $12.45 (9.3% below fair value)
No single metric tells the full story. See the TBCH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Turtle Beach Corp specializes in gaming accessories, offering a diverse range including headsets, controllers, keyboards, mice, and simulation hardware. With nearly five decades of expertise, it's a innovator in audio technology, particularly dominant in console gaming headsets. Expanding beyond headsets, Turtle Beach now offers game controllers, flight and racing simulation accessories, and high-quality microphones. Operating globally, its products are available through numerous retailers such as Amazon, Argos, Best Buy, GAME, GameStop and Walmart with a maximum revenue portion generated during the holiday season. The majority of its revenue stems from North America.
74GF Score
Get the complete analysis for TBCH
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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