Snap (BUE:SNAP) Cyclically Adjusted Book per Share: ARS687.73 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BUE:SNAP Snap Inc BUE:SNAP
48 GF Score
Price ARS9,365.00
GF Value ARS19,052.78
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Snap Cyclically Adjusted Book per Share?

Snap BUE:SNAP +0.59% 48 Cyclically Adjusted Book per Share is ARS687.73 as of Jun. 2026. GuruFocus rates BUE:SNAP with a GF Score™ of 48/100 and a GF Value™ of ARS19,052.78 (Possible Value Trap). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Snap's adjusted book value per share for the three months ended in Jun. 2026 was ARS1,999.398. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ARS687.73 for the trailing ten years ended in Jun. 2026.

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 Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2026-09-16), Snap's current stock price is ARS9365.00. Snap's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ARS687.73. Snap's Cyclically Adjusted PB Ratio of today is 13.62.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Snap was 4.12. The lowest was 1.89. And the median was 2.70.


Snap  (BUE:SNAP) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Snap's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9365.00/687.732
=13.62

* 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.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Snap was 4.12. The lowest was 1.89. And the median was 2.70.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Snap Cyclically Adjusted Book per Share Related Terms


Snap Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Snap's Cyclically Adjusted Book 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.

Snap Cyclically Adjusted Book per Share Chart

Snap Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 448.55 685.72

Snap Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Book 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 500.44 549.47 596.10 644.98 687.73

BUE:SNAP vs MTCH, ZG, BZ: Cyclically Adjusted Book per Share Comparison

For the Internet Content & Information subindustry, Snap's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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.


Snap Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Snap's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Snap's Cyclically Adjusted PB Ratio falls into.


BUE:SNAP
48GF Score
Snap Inc BUE:SNAP
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Snap Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Snap's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1999.398/333.9520*333.9520
=1,999.398

Current CPI (Jun. 2026) = 333.9520.

Snap Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 241.428 0.000
201612 0.000 241.432 0.000
201703 84.242 243.801 115.392
201706 86.151 244.955 117.451
201709 64.232 246.819 86.907
201712 63.793 246.524 86.417
201803 59.841 249.554 80.079
201806 77.754 251.989 103.045
201809 99.595 252.439 131.754
201812 87.093 251.233 115.769
201903 88.937 254.202 116.839
201906 81.805 256.143 106.655
201909 118.168 256.759 153.694
201912 116.632 256.974 151.570
202003 115.704 258.115 149.699
202006 128.321 257.797 166.228
202009 136.230 260.280 174.790
202012 156.955 260.474 201.231
202103 124.190 264.877 156.576
202106 210.652 271.696 258.920
202109 251.646 274.310 306.360
202112 285.166 278.802 341.575
202203 286.919 287.504 333.272
202206 310.068 296.311 349.457
202209 316.107 296.808 355.666
202212 346.290 296.797 389.641
202303 401.826 301.836 444.581
202306 472.180 305.109 516.817
202309 630.170 307.789 683.736
202312 1,402.819 306.746 1,527.238
202403 1,315.830 312.332 1,406.913
202406 1,346.638 314.175 1,431.408
202409 1,511.392 315.301 1,600.795
202412 1,758.958 315.605 1,861.211
202503 1,731.442 319.799 1,808.069
202506 1,724.985 322.561 1,785.902
202509 2,098.520 324.800 2,157.651
202512 2,272.336 324.054 2,341.743
202603 1,996.755 330.213 2,019.364
202606 1,999.398 333.952 1,999.398

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of ARS687.73 mean?
Snap (BUE:SNAP) has a Cyclically Adjusted Book per Share of ARS687.73 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Snap and its competitors.
Is Snap's Cyclically Adjusted Book per Share too high?
Snap's current Cyclically Adjusted Book per Share is ARS687.73. Overall, Snap has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Snap's Cyclically Adjusted Book per Share compare to MTCH and ZG?
Snap's Cyclically Adjusted Book per Share of ARS687.73 can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for an Interactive Media company?
A good Cyclically Adjusted Book per Share depends on the Interactive Media industry context. However, Cyclically Adjusted Book 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 Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Snap and its competitors. Snap's current Cyclically Adjusted Book per Share is ARS687.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Snap stock overvalued right now?
Based on GuruFocus' analysis, Snap (BUE:SNAP) is currently considered Possible Value Trap. The stock's GF Value™ is ARS19,052.78, compared to a current price of ARS9,365.00 — trading 50.8% below its estimated fair value. The current Cyclically Adjusted Book per Share is ARS687.73. Snap's overall GF Score™ is 48/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Snap (BUE:SNAP), the current Cyclically Adjusted Book per Share is ARS687.73 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 Snap (BUE:SNAP) Overvalued in 2026?

Based on GuruFocus' analysis, Snap stock appears to be undervalued. The current stock price of ARS9,365.00 is trading 50.8% below its estimated GF Value™ of ARS19,052.78. GuruFocus considers Snap to be Possible Value Trap.

Key valuation signals for BUE:SNAP:

  • Cyclically Adjusted Book per Share: ARS687.73
  • GF Value™: ARS19,052.78 vs. price of ARS9,365.00 (50.8% below fair value)
  • GF Score™: 48/100 with 2 warning signs

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


Snap Business Description

Address 3000 31st Street, Santa Monica, CA, USA, 90405
Snap is a technology company best known for its marquis social media application.Snapchat, a visual messaging application that has amassed hundreds of millions of users. The app was initially only used to communicate with family and friends through photographs and short videos (known as "Snaps"). Users can now enjoy augmented reality, or AR, lenses, content from famous creators and celebrities, updates about local events, and more. Although the app offers a paid subscription option with premium features, advertising sales produce most of the app's revenue. The firm also sells wearable devices called AR Spectacles, which can capture photos and videos overlayed with AR lenses, but these make up a small portion of Snap's overall sales.
48GF Score

Get the complete analysis for BUE:SNAP

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

ARS9,365.00
Price
ARS19,052.78
GF Value