GameSquare Holdings (FRA:IO6) Cyclically Adjusted Book per Share: €804.36 (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.

FRA:IO6 GameSquare Holdings Inc FRA:IO6
65 GF Score
Price €10.56
GF Value €7.67
! 7 Warning Signs
View Full Analysis

What is GameSquare Holdings Cyclically Adjusted Book per Share?

GameSquare Holdings FRA:IO6 65 Cyclically Adjusted Book per Share is €804.36 as of Jun. 2026. GuruFocus rates FRA:IO6 with a GF Score™ of 65/100 and a GF Value™ of €7.67. The stock has 7 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.

GameSquare Holdings's adjusted book value per share for the three months ended in Jun. 2026 was €0.674. 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 €804.36 for the trailing ten years ended in Jun. 2026.

During the past 12 months, GameSquare Holdings's average Cyclically Adjusted Book Growth Rate was -7.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -10.80% 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 Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of GameSquare Holdings was -10.80% per year. The lowest was -10.80% per year. And the median was -10.80% per year.

As of today (2026-09-04), GameSquare Holdings's current stock price is €10.56. GameSquare Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €804.36. GameSquare Holdings's Cyclically Adjusted PB Ratio of today is 0.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of GameSquare Holdings was 0.31. The lowest was 0.01. And the median was 0.04.


GameSquare Holdings  (FRA:IO6) 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.

GameSquare Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.56/804.36
=0.01

* 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 13 years, the highest Cyclically Adjusted PB Ratio of GameSquare Holdings was 0.31. The lowest was 0.01. And the median was 0.04.


Be Aware

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


GameSquare Holdings Cyclically Adjusted Book per Share Related Terms


GameSquare Holdings Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for GameSquare Holdings'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.

GameSquare Holdings Cyclically Adjusted Book per Share Chart

GameSquare Holdings Annual Data
Trend Mar16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 359.70 249.76 431.68 845.07

GameSquare Holdings Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 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 394.22 494.01 845.07 1,194.89 804.36

FRA:IO6 vs GMHS, SNAL, MYPS: Cyclically Adjusted Book per Share Comparison

For the Electronic Gaming & Multimedia subindustry, GameSquare Holdings'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.


GameSquare Holdings Cyclically Adjusted PB Ratio vs Interactive Media Industry

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

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


FRA:IO6
65GF Score
GameSquare Holdings Inc FRA:IO6
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GameSquare Holdings 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, GameSquare Holdings'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)
=0.674/333.9520*333.9520
=0.674

Current CPI (Jun. 2026) = 333.9520.

GameSquare Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 241.018 0.000
201609 0.000 241.428 0.000
201702 78.579 243.603 107.723
201705 -1.174 244.733 -1.602
201708 -405.667 245.519 -551.783
201711 -26.333 246.669 -35.651
201802 2,552.000 248.991 3,422.796
201805 2,826.750 251.588 3,752.162
201808 1,176.000 252.146 1,557.540
201811 977.600 252.038 1,295.326
201902 837.400 252.776 1,106.321
201905 529.000 256.092 689.833
201908 -1,431.400 256.558 -1,863.200
201911 -1,439.100 257.208 -1,868.489
202002 -406.310 258.678 -524.544
202005 36.382 256.394 47.387
202008 0.161 259.918 0.207
202011 -18.565 260.229 -23.824
202102 7.608 263.014 9.660
202105 35.933 269.195 44.577
202108 26.516 273.567 32.369
202111 45.787 277.948 55.013
202202 36.065 283.716 42.451
202205 57.718 292.296 65.944
202208 31.372 296.171 35.374
202211 23.415 297.711 26.265
202302 10.010 300.840 11.112
202306 22.179 305.109 24.276
202309 19.945 307.789 21.640
202312 10.369 306.746 11.289
202403 9.352 312.332 9.999
202406 6.469 314.175 6.876
202409 5.100 315.301 5.402
202412 -0.688 315.605 -0.728
202503 -0.459 319.799 -0.479
202506 -0.983 322.561 -1.018
202509 5.099 324.800 5.243
202512 2.234 324.054 2.302
202603 0.998 330.213 1.009
202606 0.674 333.952 0.674

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 €804.36 mean?
GameSquare Holdings (FRA:IO6) has a Cyclically Adjusted Book per Share of €804.36 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 GameSquare Holdings and its competitors.
Is GameSquare Holdings' Cyclically Adjusted Book per Share too high?
GameSquare Holdings' current Cyclically Adjusted Book per Share is €804.36. Overall, GameSquare Holdings has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does GameSquare Holdings' Cyclically Adjusted Book per Share compare to GMHS and SNAL?
GameSquare Holdings' Cyclically Adjusted Book per Share of €804.36 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 GameSquare Holdings and its competitors. GameSquare Holdings's current Cyclically Adjusted Book per Share is €804.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GameSquare Holdings stock overvalued right now?
GameSquare Holdings (FRA:IO6) has a current Cyclically Adjusted Book per Share of €804.36. The stock's GF Value™ is €7.67, compared to a current price of €10.56 — trading 37.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is €804.36. GameSquare Holdings' overall GF Score™ is 65/100 with 7 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 GameSquare Holdings (FRA:IO6), the current Cyclically Adjusted Book per Share is €804.36 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 GameSquare Holdings (FRA:IO6) Overvalued in 2026?

Based on GuruFocus' analysis, GameSquare Holdings stock appears to be overvalued. The current stock price of €10.56 is trading 37.7% above its estimated GF Value™ of €7.67.

Key valuation signals for FRA:IO6:

  • Cyclically Adjusted Book per Share: €804.36
  • GF Value™: €7.67 vs. price of €10.56 (37.7% above fair value)
  • GF Score™: 65/100 with 7 warning signs

No single metric tells the full story. See the FRA:IO6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GameSquare Holdings Business Description

Other Exchanges GAME:USA
Address 6775 Cowboys Way, Suite 1335, Frisco, TX, USA, 75034
GameSquare Holdings Inc is a vertically integrated digital media, entertainment, and technology company focused on gaming and youth culture audiences. The company operates through four reportable segments: Owned and Operated IP, Agency, SaaS and managed services, and Yield. It provides services including influencer marketing, esports talent management, creative production, merchandise and consumer products, live streaming analytics, and digital media solutions through its various brands and platforms. It generates the majority of its revenue from the Agency segment.
65GF Score

Get the complete analysis for FRA:IO6

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

€10.56
Price
€7.67
GF Value