BRSL (Brightstar Lottery) Cyclically Adjusted PB Ratio: (As of Aug. 05, 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.

BRSL Brightstar Lottery PLC BRSL
60 GF Score
Price $11.34
GF Value $18.97
Valuation Possible Value Trap
! 6 Warning Signs
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What is Brightstar Lottery Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Brightstar Lottery  (NYSE:BRSL) 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.


Brightstar Lottery Cyclically Adjusted PB Ratio Related Terms


Brightstar Lottery Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Brightstar Lottery'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.

Brightstar Lottery Cyclically Adjusted PB Ratio Chart

Brightstar Lottery Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.05 1.63 2.13 1.50 1.46

Brightstar Lottery Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.40 1.58 1.46 1.24 0.00

BRSL vs ACEL, RSI, CDRO: Cyclically Adjusted PB Ratio Comparison

For the Gambling subindustry, Brightstar Lottery'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.


Brightstar Lottery Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Brightstar Lottery's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BRSL
60GF Score
Brightstar Lottery PLC BRSL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Brightstar Lottery 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.

Brightstar Lottery's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Brightstar Lottery'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)
=4.548/142.3000*142.3000
=4.548

Current CPI (Jun. 2026) = 142.3000.

Brightstar Lottery Quarterly Data

Book Value per Share CPI Adj_Book
201609 15.188 101.500 21.293
201612 15.170 102.200 21.122
201703 16.036 102.700 22.219
201706 15.210 103.500 20.912
201709 11.250 104.300 15.349
201712 9.855 105.000 13.356
201803 9.588 105.100 12.982
201806 9.642 105.900 12.956
201809 9.618 106.600 12.839
201812 8.853 107.100 11.763
201903 8.864 107.000 11.788
201906 8.764 107.900 11.558
201909 8.818 108.400 11.576
201912 8.111 108.500 10.638
202003 6.269 108.600 8.214
202006 5.119 108.800 6.695
202009 4.760 109.200 6.203
202012 3.793 109.400 4.934
202103 4.076 109.700 5.287
202106 5.926 111.400 7.570
202109 6.419 112.400 8.127
202112 6.294 114.700 7.809
202203 6.469 116.500 7.902
202206 6.540 120.500 7.723
202209 7.898 122.300 9.190
202212 7.178 125.300 8.152
202303 7.096 126.800 7.963
202306 7.125 129.400 7.835
202309 7.417 130.100 8.113
202312 7.198 130.500 7.849
202403 7.502 131.600 8.112
202406 7.454 133.000 7.975
202409 7.342 133.500 7.826
202412 8.177 135.100 8.613
202503 8.127 136.100 8.497
202506 7.542 138.400 7.755
202509 4.584 138.900 4.696
202512 4.683 139.900 4.763
202603 4.595 140.800 4.644
202606 4.548 142.300 4.548

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.

Is Brightstar Lottery (BRSL) Overvalued in 2026?

Based on GuruFocus' analysis, Brightstar Lottery stock appears to be undervalued. The current stock price of $11.34 is trading 40.2% below its estimated GF Value™ of $18.97. GuruFocus considers Brightstar Lottery to be Possible Value Trap.

Key valuation signals for BRSL:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $18.97 vs. price of $11.34 (40.2% below fair value)
  • GF Score™: 60/100 with 6 warning signs

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


Brightstar Lottery Business Description

Other Exchanges 7IG:Germany
Address 2 and 3 Eldon Street, Fifth Floor, Eldon House, London, GBR, EC2M 7LS
Brightstar Lottery PLC is a pure-play lottery company focused on innovation, delivering secure technology and comprehensive lottery solutions. The Company operates lottery management services and instant lottery systems, and runs an international land-based lottery and iLottery business covering sales, operations, product development, technology, and support, while serving as an iLottery platform provider. Lottery services are delivered through operating contracts, FMCs, LMAs, iLottery, and product sales contracts, including the Italian Lotto license and Italian Scratch and Win (Gratta e Vinci) lottery license. The majority of revenue comes from operating contracts and FMCs. Brightstar operates in the US, Italy, Rest of Europe, and Others, with the majority of revenue coming from the US.
60GF Score

Get the complete analysis for BRSL

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

$11.34
Price
$18.97
GF Value