FYI, Here are the specs I got from Nvidia
http://www.geforce.com/hardware/desktop-gpus/geforce-gtx-680/specifications
http://www.geforce.com/hardware/desktop
I think the correct calculation is explained here:
https://www.goldfries.com/computing/gddr3-vs-gddr5-graphic-card-comparison-see-the-difference-with-the-amd-radeon-hd-7750/
In short:
"(Memory clock x Bus Width / 8) * GDDR type multiplier = Bandwidth in GB/s
GDDR type multiplier is 2 for GDDR3, 4 for GDDR5."
There are many more details there, quite well explained and detailed.