Roku (LTS:0KXI) Cyclically Adjusted Book per Share: $12.79 (As of Mar. 2026)


LTS:0KXI Roku Inc LTS:0KXI
79 GF Score
Price $140.24
GF Value $102.58
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Roku Cyclically Adjusted Book per Share?

Roku LTS:0KXI -1.05% 79 Cyclically Adjusted Book per Share is $12.79 as of Mar. 2026. GuruFocus rates LTS:0KXI with a GF Score™ of 79/100 and a GF Value™ of $102.58 (Significantly Overvalued). The stock has 6 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.

Roku's adjusted book value per share for the three months ended in Mar. 2026 was $18.099. 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 $12.79 for the trailing ten years ended in Mar. 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 (2026-07-09), Roku's current stock price is $140.24. Roku's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $12.79. Roku's Cyclically Adjusted PB Ratio of today is 10.96.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Roku was 11.27. The lowest was 7.66. And the median was 9.85.


Roku  (LTS:0KXI) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=140.24/12.79
=10.96

* 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 Roku was 11.27. The lowest was 7.66. And the median was 9.85.


Be Aware

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


Roku Cyclically Adjusted Book per Share Related Terms


Roku Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Roku'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.

Roku Cyclically Adjusted Book per Share Chart

Roku 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 0.00 0.00

Roku 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 0.00 0.00 0.00 0.00 12.79

LTS:0KXI vs FOXA, FWONA, TKO: Cyclically Adjusted Book per Share Comparison

For the Entertainment subindustry, Roku'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.


Roku Cyclically Adjusted PB Ratio vs Media - Diversified Industry

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

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


LTS:0KXI
79GF Score
Roku Inc LTS:0KXI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Roku 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, Roku'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)
=18.099/330.2130*330.2130
=18.099

Current CPI (Mar. 2026) = 330.2130.

Roku Quarterly Data

Book Value per Share CPI Adj_Book
201512 -1.686 236.525 -2.354
201609 0.000 241.428 0.000
201612 -2.046 241.432 -2.798
201703 0.000 243.801 0.000
201706 -2.252 244.955 -3.036
201709 -2.702 246.819 -3.615
201712 1.536 246.524 2.057
201803 1.916 249.554 2.535
201806 2.016 251.989 2.642
201809 2.039 252.439 2.667
201812 2.229 251.233 2.930
201903 3.186 254.202 4.139
201906 3.966 256.143 5.113
201909 3.949 256.759 5.079
201912 5.825 256.974 7.485
202003 5.602 258.115 7.167
202006 8.152 257.797 10.442
202009 9.587 260.280 12.163
202012 10.375 260.474 13.153
202103 18.452 264.877 23.003
202106 19.213 271.696 23.351
202109 20.004 274.310 24.081
202112 20.473 278.802 24.248
202203 20.689 287.504 23.762
202206 20.271 296.311 22.590
202209 19.946 296.808 22.191
202212 18.900 296.797 21.028
202303 18.117 301.836 19.820
202306 17.902 305.109 19.375
202309 16.193 307.789 17.373
202312 16.211 306.746 17.451
202403 16.341 312.332 17.277
202406 16.524 314.175 17.368
202409 16.946 315.301 17.747
202412 17.084 315.605 17.875
202503 17.222 319.799 17.783
202506 17.583 322.561 18.000
202509 17.767 324.800 18.063
202512 17.977 324.054 18.319
202603 18.099 330.213 18.099

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 $12.79 mean?
Roku (LTS:0KXI) has a Cyclically Adjusted Book per Share of $12.79 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 Roku and its competitors.
Is Roku's Cyclically Adjusted Book per Share too high?
Roku's current Cyclically Adjusted Book per Share is $12.79. Overall, Roku has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Roku's Cyclically Adjusted Book per Share compare to FOXA and FWONA?
Roku's Cyclically Adjusted Book per Share of $12.79 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Cyclically Adjusted Book per Share depends on the Media - Diversified 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 Roku and its competitors. Roku's current Cyclically Adjusted Book per Share is $12.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Roku stock overvalued right now?
Based on GuruFocus' analysis, Roku (LTS:0KXI) is currently considered Significantly Overvalued. The stock's GF Value™ is $102.58, compared to a current price of $140.24 — trading 36.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is $12.79. Roku's overall GF Score™ is 79/100 with 6 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 Roku (LTS:0KXI), the current Cyclically Adjusted Book per Share is $12.79 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 Roku (LTS:0KXI) Overvalued in 2026?

Based on GuruFocus' analysis, Roku stock appears to be overvalued. The current stock price of $140.24 is trading 36.7% above its estimated GF Value™ of $102.58. GuruFocus considers Roku to be Significantly Overvalued.

Key valuation signals for LTS:0KXI:

  • Cyclically Adjusted Book per Share: $12.79
  • GF Value™: $102.58 vs. price of $140.24 (36.7% above fair value)
  • GF Score™: 79/100 with 6 warning signs

No single metric tells the full story. See the LTS:0KXI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Roku Business Description

Address 1173 Coleman Avenue, San Jose, CA, USA, 95110
Roku enables consumers to stream television programming. Roku facilitated 145 billion streaming hours in 2025 and reached more than half of US broadband households. It is the top streaming operating system in the US, reaching more than half of broadband households, according to the company. Roku's OS is built into streaming devices and televisions that Roku sells, as well as on connected televisions from other manufacturers that license Roku's name and software. Roku also operates The Roku Channel, a free, ad-supported streaming television platform that offers a mix of on-demand and live television programming. Roku generates revenue primarily from device sales, licensing, and advertising, and it also receives fees from subscription streaming platforms that sell subscriptions through Roku.
79GF Score

Get the complete analysis for LTS:0KXI

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

$140.24
Price
$102.58
GF Value