Gap (GAP) Book Value per Share: $10.13 (As of Apr. 2026)


GAP Gap Inc GAP
71 GF Score
Price $19.46
GF Value $22.55
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Gap Book Value per Share?

Gap GAP +3.24% 71 Book Value per Share is $10.13 as of Apr. 2026. GuruFocus rates GAP with a GF Score™ of 71/100 and a GF Value™ of $22.55 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Gap's book value per share for the quarter that ended in Apr. 2026 was $10.13.

During the past 12 months, Gap's average Book Value Per Share Growth Rate was 14.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 18.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.40% per year. 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 book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Gap was 36.80% per year. The lowest was -12.00% per year. And the median was 7.70% per year.

Gap's current price is $19.46. Its book value per share for the quarter that ended in Apr. 2026 was $10.13. Hence, today's PB Ratio of Gap is 1.92.

During the past 13 years, the highest P/B Ratio of Gap was 4.87. The lowest was 0.63. And the median was 2.76.

Good Sign:

Gap Inc stock PB Ratio (=1.86) is close to 2-year low of 1.86.


Gap  (NYSE:GAP) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Gap Book Value per Share Related Terms


Gap Book Value per Share Historical Data

* Premium members only.

The historical data trend for Gap's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Gap Book Value per Share Chart

Gap Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.34 6.10 6.98 8.73 10.22

Gap Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.88 9.25 9.80 10.22 10.13

GAP vs VSXY, URBN, BOOT: Book Value per Share Comparison

For the Apparel Retail subindustry, Gap's PB Ratio, along with its competitors' market caps and PB 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.


Gap PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Gap's PB Ratio distribution charts can be found below:

* The bar in red indicates where Gap's PB Ratio falls into.


GAP
71GF Score
Gap Inc GAP
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gap Book Value per Share Calculation

Gap's Book Value Per Share for the fiscal year that ended in Jan. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(3,801-0)/372
=10.22

Gap's Book Value Per Share for the quarter that ended in Apr. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(3,655-0)/361
=10.12

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of $10.13 mean?
Gap (GAP) has a Book Value per Share of $10.13 as of Apr. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Gap and its competitors.
Is Gap's Book Value per Share too high?
Gap's current Book Value per Share is $10.13. Overall, Gap has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gap's Book Value per Share compare to VSXY and URBN?
Gap's Book Value per Share of $10.13 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Retail - Cyclical company?
A good Book Value per Share depends on the Retail - Cyclical industry context. However, Book Value per Share 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 Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Gap and its competitors. Gap's current Book Value per Share is $10.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gap stock overvalued right now?
Based on GuruFocus' analysis, Gap (GAP) is currently considered Modestly Undervalued. The stock's GF Value™ is $22.55, compared to a current price of $19.46 — trading 13.7% below its estimated fair value. The current Book Value per Share is $10.13. Gap's overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Gap (GAP), the current Book Value per Share is $10.13 as of Apr. 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 Gap (GAP) Overvalued in 2026?

Based on GuruFocus' analysis, Gap stock appears to be undervalued. The current stock price of $19.46 is trading 13.7% below its estimated GF Value™ of $22.55. GuruFocus considers Gap to be Modestly Undervalued.

Key valuation signals for GAP:

  • Book Value per Share: $10.13
  • GF Value™: $22.55 vs. price of $19.46 (13.7% below fair value)
  • GF Score™: 71/100 with 3 warning signs

No single metric tells the full story. See the GAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gap Business Description

Address Two Folsom Street, San Francisco, CA, USA, 94105
Gap retails apparel, accessories, footwear, and personal-care products under the Gap, Old Navy, Banana Republic, and Athleta brands. Old Navy generates more than half of Gap's sales. The firm also operates e-commerce sites, outlet stores, and specialty stores under various Gap names. Gap operates approximately 2,500 stores in North America, Europe, and Asia and franchises about 1,000 more in Asia, Europe, Latin America, and other regions. Gap was founded in 1969 and is based in San Francisco.
71GF Score

Get the complete analysis for GAP

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$19.46
Price
$22.55
GF Value