A sharing mechanism is herein disclosed for multiple logical processors using a translation lookaside buffer (TLB) to translate virtual addresses into physical addresses. The mechanism supports sharing of TLB entries among logical processors, which may access address spaces in common. The mechanism further supports private TLB entries among logical processors, which may each access a different physical address through identical virtual addresses. The sharing mechanism provides for installation and updating of TLB entries as private entries or as shared entries transparently, without requiring special operating system support or modifications. Sharability of virtual address translations by logical processors may be determined by comparing page table physical base addresses of the logic processors. Using the disclosed sharing mechanism, fast and efficient virtual address translation is provided without requiring more expensive functional redundancy.