BBY (Best Buy Co) Cyclically Adjusted PB Ratio: 5.05 (As of Aug. 03, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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BBY Best Buy Co Inc BBY
75 GF Score
Price $83.89
GF Value $76.00
Valuation Fairly Valued
! 7 Warning Signs
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What is Best Buy Co Cyclically Adjusted PB Ratio?

Best Buy Co BBY -2.75% 75 Cyclically Adjusted PB Ratio is 5.05 as of Aug. 03, 2026, which is 3% above its 10-year median of 4.92. GuruFocus rates BBY with a GF Score™ of 75/100 and a GF Value™ of $76.00 (Fairly Valued). The stock has 7 warning signs investors should review. Among 806 Retail - Cyclical companies, Best Buy Co ranks worse than 87.97% on this metric.

As of today (2026-08-03), Best Buy Co's current share price is $83.885. Best Buy Co's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was $16.60. Best Buy Co's Cyclically Adjusted PB Ratio for today is 5.05.

The historical rank and industry rank for Best Buy Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

BBY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.44   Med: 4.92   Max: 9.15
Current: 5.2

During the past years, Best Buy Co's highest Cyclically Adjusted PB Ratio was 9.15. The lowest was 2.44. And the median was 4.92.

BBY's Cyclically Adjusted PB Ratio is ranked worse than
87.97% of 806 companies
in the Retail - Cyclical industry
Industry Median: 1.25 vs BBY: 5.20

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.

Best Buy Co's adjusted book value per share data for the three months ended in Apr. 2026 was $14.632. 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 $16.60 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Best Buy Co  (NYSE:BBY) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Best Buy Co Cyclically Adjusted PB Ratio Related Terms


Best Buy Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Best Buy Co's Cyclically Adjusted PB Ratio 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.

Best Buy Co Cyclically Adjusted PB Ratio Chart

Best Buy Co Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.64 5.59 4.44 5.22 3.99

Best Buy Co Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Cyclically Adjusted PB Ratio 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 4.05 3.95 5.01 3.99 3.64

BBY vs DKS, TSCO, ULTA: Cyclically Adjusted PB Ratio Comparison

For the Specialty Retail subindustry, Best Buy Co'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.


Best Buy Co Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Best Buy Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BBY
75GF Score
Best Buy Co Inc BBY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Best Buy Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Best Buy Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=83.885/16.60
=5.05

* 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.

Best Buy Co's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Best Buy Co's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=14.632/333.0200*333.0200
=14.632

Current CPI (Apr. 2026) = 333.0200.

Best Buy Co Quarterly Data

Book Value per Share CPI Adj_Book
201607 13.625 240.628 18.856
201610 13.613 241.729 18.754
201701 15.136 242.839 20.757
201704 14.703 244.524 20.024
201707 14.490 244.786 19.713
201710 14.027 246.663 18.938
201801 12.764 247.867 17.149
201804 12.171 250.546 16.177
201807 11.543 252.006 15.254
201810 11.074 252.885 14.583
201901 12.442 251.712 16.461
201904 12.562 255.548 16.370
201907 12.396 256.571 16.090
201910 12.019 257.346 15.553
202001 13.564 257.971 17.510
202004 13.268 256.389 17.234
202007 14.643 259.101 18.821
202010 15.837 260.388 20.255
202101 17.848 261.582 22.722
202104 16.605 267.054 20.707
202107 17.529 273.003 21.383
202110 17.547 276.589 21.127
202201 13.281 281.148 15.731
202204 12.320 289.109 14.191
202207 12.848 296.276 14.441
202210 13.290 298.012 14.851
202301 12.815 299.170 14.265
202304 12.783 303.363 14.033
202307 13.011 305.691 14.174
202310 13.000 307.671 14.071
202401 14.174 308.417 15.305
202404 14.262 313.548 15.148
202407 14.451 314.540 15.300
202410 14.415 315.664 15.208
202501 13.283 317.671 13.925
202504 13.076 320.795 13.574
202507 12.909 323.048 13.307
202510 12.633 0.000
202601 14.175 325.252 14.514
202604 14.632 333.020 14.632

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

What does a Cyclically Adjusted PB Ratio of 5.05 mean?
Best Buy Co (BBY) has a Cyclically Adjusted PB Ratio of 5.05 as of Aug. 03, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Best Buy Co and its competitors. This is near median its historical median of 4.92. Over the past decade, Best Buy Co's Cyclically Adjusted PB Ratio has ranged from 2.44 to 9.15. According to the industry distribution chart, Best Buy Co ranks #709 out of 806 companies in the Retail - Cyclical industry, placing it in the top 88%.
Is Best Buy Co's Cyclically Adjusted PB Ratio too high?
Best Buy Co's current Cyclically Adjusted PB Ratio of 5.05 is near median its 10-year median of 4.92. Over the past 10 years, this metric has ranged from a low of 2.44 to a high of 9.15. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.25. Best Buy Co's value of 5.05 is 304% above this industry median. Based on the distribution chart, Best Buy Co ranks #709 out of 806 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Best Buy Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Best Buy Co's Cyclically Adjusted PB Ratio compare to DKS and TSCO?
According to the Retail - Cyclical industry distribution chart, Best Buy Co ranks #709 out of 806 companies for Cyclically Adjusted PB Ratio. This places Best Buy Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Best Buy Co's value of 5.05 is 304% above this benchmark. Historically, Best Buy Co's own Cyclically Adjusted PB Ratio has ranged from 2.44 to 9.15 over the past decade. While the company's 10-year median is 4.92 vs. the industry median of 1.25, Best Buy Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.25, based on 806 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Best Buy Co's current Cyclically Adjusted PB Ratio of 5.05 is 304% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Best Buy Co and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Best Buy Co's current Cyclically Adjusted PB Ratio is 5.05, which is near median its own 10-year median of 4.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Best Buy Co stock overvalued right now?
Based on GuruFocus' analysis, Best Buy Co (BBY) is currently considered Fairly Valued. The stock's GF Value™ is $76.00, compared to a current price of $83.89 — trading 10.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.05, which is near median its 10-year median of 4.92 and 304% above the Retail - Cyclical industry median of 1.25. Best Buy Co's overall GF Score™ is 75/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Best Buy Co (BBY), the current Cyclically Adjusted PB Ratio is 5.05 as of Aug. 03, 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 Best Buy Co (BBY) Overvalued in 2026?

Based on GuruFocus' analysis, Best Buy Co stock appears to be overvalued. The current stock price of $83.89 is trading 10.4% above its estimated GF Value™ of $76.00. GuruFocus considers Best Buy Co to be Fairly Valued.

Key valuation signals for BBY:

  • Cyclically Adjusted PB Ratio: 5.05 (near median its 10-year median of 4.92)
  • GF Value™: $76.00 vs. price of $83.89 (10.4% above fair value)
  • GF Score™: 75/100 with 7 warning signs
  • Industry Position: 304% above the Retail - Cyclical median (#709 of 806)

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


Best Buy Co Business Description

Address 7601 Penn Avenue South, Richfield, MN, USA, 55423
Best Buy Co Inc is a pure-play consumer electronics retailer in the USA. It has two reportable segments: Domestic and International. The Domestic and International segments have offerings in six revenue categories. Computing and Mobile Phones, Consumer Electronics, Appliances, Entertainment, Services, and Other. The company has approximately 1,068 stores throughout its Domestic and International segments. It also have vendor store-within-a-store concepts to allow closer vendor partnerships and a higher quality customer experience. The company generates majority of its revenue from the Domestic segment.
75GF Score

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

$83.89
Price
$76.00
GF Value