GTIM (Good Times Restaurants) Cyclically Adjusted Book per Share: $2.98 (As of Mar. 2026)


GTIM Good Times Restaurants Inc GTIM
53 GF Score
Price $1.39
GF Value $2.65
Valuation Possible Value Trap
! 5 Warning Signs
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What is Good Times Restaurants Cyclically Adjusted Book per Share?

Good Times Restaurants GTIM 53 Cyclically Adjusted Book per Share is $2.98 as of Mar. 2026. GuruFocus rates GTIM with a GF Score™ of 53/100 and a GF Value™ of $2.65 (Possible Value Trap). The stock has 5 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.

Good Times Restaurants's adjusted book value per share for the three months ended in Mar. 2026 was $3.165. 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 $2.98 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Good Times Restaurants's average Cyclically Adjusted Book Growth Rate was 0.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 1.10% 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 Good Times Restaurants was 10.80% per year. The lowest was -18.60% per year. And the median was -7.10% per year.

As of today (2026-06-29), Good Times Restaurants's current stock price is $1.39. Good Times Restaurants's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $2.98. Good Times Restaurants's Cyclically Adjusted PB Ratio of today is 0.47.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Good Times Restaurants was 2.51. The lowest was 0.23. And the median was 1.07.


Good Times Restaurants  (NAS:GTIM) 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.

Good Times Restaurants's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.39/2.98
=0.47

* 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 Good Times Restaurants was 2.51. The lowest was 0.23. And the median was 1.07.


Be Aware

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


Good Times Restaurants Cyclically Adjusted Book per Share Related Terms


Good Times Restaurants Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Good Times Restaurants'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.

Good Times Restaurants Cyclically Adjusted Book per Share Chart

Good Times Restaurants Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.18 2.49 2.72 2.89 2.97

Good Times Restaurants Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.97 2.97 2.97 2.94 2.98

GTIM vs NROM, PETZ, CCHH: Cyclically Adjusted Book per Share Comparison

For the Restaurants subindustry, Good Times Restaurants'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.


Good Times Restaurants Cyclically Adjusted PB Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Good Times Restaurants's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


GTIM
53GF Score
Good Times Restaurants Inc GTIM
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Good Times Restaurants 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, Good Times Restaurants's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=3.165/330.2130*330.2130
=3.165

Current CPI (Mar. 2026) = 330.2130.

Good Times Restaurants Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.928 241.018 4.012
201609 2.937 241.428 4.017
201612 2.898 241.432 3.964
201703 2.857 243.801 3.870
201706 2.853 244.955 3.846
201709 2.782 246.819 3.722
201712 2.735 246.524 3.663
201803 2.709 249.554 3.585
201806 2.740 251.989 3.591
201809 2.723 252.439 3.562
201812 2.639 251.233 3.469
201903 2.438 254.202 3.167
201906 2.490 256.143 3.210
201909 2.185 256.759 2.810
201912 2.114 256.974 2.717
202003 0.933 258.115 1.194
202006 0.961 257.797 1.231
202009 1.085 260.280 1.377
202012 1.153 260.474 1.462
202103 1.257 264.877 1.567
202106 2.335 271.696 2.838
202109 2.377 274.310 2.861
202112 2.406 278.802 2.850
202203 2.229 287.504 2.560
202206 2.266 296.311 2.525
202209 2.158 296.808 2.401
202212 2.136 296.797 2.376
202303 2.807 301.836 3.071
202306 2.877 305.109 3.114
202309 2.845 307.789 3.052
202312 2.801 306.746 3.015
202403 2.867 312.332 3.031
202406 2.996 314.175 3.149
202409 3.022 315.301 3.165
202412 3.042 315.605 3.183
202503 2.983 319.799 3.080
202506 3.130 322.561 3.204
202509 3.133 324.800 3.185
202512 3.149 324.054 3.209
202603 3.165 330.213 3.165

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 $2.98 mean?
Good Times Restaurants (GTIM) has a Cyclically Adjusted Book per Share of $2.98 as of Mar. 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 Good Times Restaurants and its competitors.
Is Good Times Restaurants' Cyclically Adjusted Book per Share too high?
Good Times Restaurants' current Cyclically Adjusted Book per Share is $2.98. Overall, Good Times Restaurants has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Good Times Restaurants' Cyclically Adjusted Book per Share compare to NROM and PETZ?
Good Times Restaurants' Cyclically Adjusted Book per Share of $2.98 can be compared against companies in the Restaurants 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 a Restaurants company?
A good Cyclically Adjusted Book per Share depends on the Restaurants 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 Good Times Restaurants and its competitors. Good Times Restaurants's current Cyclically Adjusted Book per Share is $2.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Good Times Restaurants stock overvalued right now?
Based on GuruFocus' analysis, Good Times Restaurants (GTIM) is currently considered Possible Value Trap. The stock's GF Value™ is $2.65, compared to a current price of $1.39 — trading 47.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is $2.98. Good Times Restaurants' overall GF Score™ is 53/100 with 5 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 Good Times Restaurants (GTIM), the current Cyclically Adjusted Book per Share is $2.98 as of Mar. 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 Good Times Restaurants (GTIM) Overvalued in 2026?

Based on GuruFocus' analysis, Good Times Restaurants stock appears to be undervalued. The current stock price of $1.39 is trading 47.5% below its estimated GF Value™ of $2.65. GuruFocus considers Good Times Restaurants to be Possible Value Trap.

Key valuation signals for GTIM:

  • Cyclically Adjusted Book per Share: $2.98
  • GF Value™: $2.65 vs. price of $1.39 (47.5% below fair value)
  • GF Score™: 53/100 with 5 warning signs

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


Good Times Restaurants Business Description

Address 651 Corporate Circle, No. 200, Golden, CO, USA, 80401
Good Times Restaurants Inc is engaged in developing, owning, operating, and franchising hamburger-oriented drive-through restaurants. It operates through two segments: Good Times Burgers and Frozen Custard restaurants, which operate in the quick-service drive-through dining industry; and Bad Daddy's Burger Bar restaurants, which operate in the full-service upscale casual dining industry. The company generates maximum revenue from the Bad Daddy's Burger Bar restaurants segment. Its menu categories include burgers, chicken, frozen custard; slides and drinks.
53GF Score

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

$1.39
Price
$2.65
GF Value