DKS (Dick's Sporting Goods) Cyclically Adjusted PB Ratio: 5.94 (As of Aug. 06, 2026) — 29% Above Median

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DKS Dick's Sporting Goods Inc DKS
95 GF Score
Price $200.32
GF Value $281.32
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Dick's Sporting Goods Cyclically Adjusted PB Ratio?

Dick's Sporting Goods DKS -0.21% 95 Cyclically Adjusted PB Ratio is 5.94 as of Aug. 06, 2026, which is 29% above its 10-year median of 4.61. GuruFocus rates DKS with a GF Score™ of 95/100 and a GF Value™ of $281.32 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 805 Retail - Cyclical companies, Dick's Sporting Goods ranks worse than 89.57% on this metric.

As of today (2026-08-06), Dick's Sporting Goods's current share price is $200.32. Dick's Sporting Goods's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was $33.74. Dick's Sporting Goods's Cyclically Adjusted PB Ratio for today is 5.94.

The historical rank and industry rank for Dick's Sporting Goods's Cyclically Adjusted PB Ratio or its related term are showing as below:

DKS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1   Med: 4.61   Max: 9.02
Current: 5.94

During the past years, Dick's Sporting Goods's highest Cyclically Adjusted PB Ratio was 9.02. The lowest was 1.00. And the median was 4.61.

DKS's Cyclically Adjusted PB Ratio is ranked worse than
89.57% of 805 companies
in the Retail - Cyclical industry
Industry Median: 1.25 vs DKS: 5.94

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.

Dick's Sporting Goods's adjusted book value per share data for the three months ended in Apr. 2026 was $63.266. 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 $33.74 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dick's Sporting Goods  (NYSE:DKS) 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.


Dick's Sporting Goods Cyclically Adjusted PB Ratio Related Terms


Dick's Sporting Goods Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Dick's Sporting Goods'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.

Dick's Sporting Goods Cyclically Adjusted PB Ratio Chart

Dick's Sporting Goods 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 5.47 5.52 5.78 8.50 6.32

Dick's Sporting Goods 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 6.48 7.12 7.17 6.32 6.73

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

For the Specialty Retail subindustry, Dick's Sporting Goods'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.


Dick's Sporting Goods Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Dick's Sporting Goods's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


DKS
95GF Score
Dick's Sporting Goods Inc DKS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Dick's Sporting Goods 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.

Dick's Sporting Goods's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=200.32/33.74
=5.94

* 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.

Dick's Sporting Goods's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Dick's Sporting Goods'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)
=63.266/333.0200*333.0200
=63.266

Current CPI (Apr. 2026) = 333.0200.

Dick's Sporting Goods Quarterly Data

Book Value per Share CPI Adj_Book
201607 16.543 240.628 22.895
201610 16.599 241.729 22.868
201701 17.488 242.839 23.982
201704 17.737 244.524 24.156
201707 17.922 244.786 24.382
201710 17.947 246.663 24.230
201801 18.844 247.867 25.318
201804 18.987 250.546 25.237
201807 19.755 252.006 26.106
201810 19.485 252.885 25.659
201901 20.290 251.712 26.844
201904 20.012 255.548 26.079
201907 20.341 256.571 26.402
201910 20.352 257.346 26.337
202001 20.726 257.971 26.756
202004 19.880 256.389 25.822
202007 22.938 259.101 29.482
202010 25.055 260.388 32.044
202101 27.547 261.582 35.070
202104 30.663 267.054 38.237
202107 35.713 273.003 43.564
202110 30.744 276.589 37.017
202201 27.795 281.148 32.923
202204 28.130 289.109 32.402
202207 28.662 296.276 32.217
202210 29.506 298.012 32.972
202301 30.725 299.170 34.201
202304 31.379 303.363 34.447
202307 31.573 305.691 34.396
202310 29.683 307.671 32.129
202401 32.550 308.417 35.147
202404 33.344 313.548 35.415
202407 36.381 314.540 38.518
202410 38.064 315.664 40.157
202501 39.864 317.671 41.790
202504 38.578 320.795 40.048
202507 42.372 323.048 43.680
202510 61.999 0.000
202601 62.358 325.252 63.847
202604 63.266 333.020 63.266

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 5.94 mean?
Dick's Sporting Goods (DKS) has a Cyclically Adjusted PB Ratio of 5.94 as of Aug. 06, 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 Dick's Sporting Goods and its competitors. This is 29% above median its historical median of 4.61. Over the past decade, Dick's Sporting Goods' Cyclically Adjusted PB Ratio has ranged from 1.00 to 9.02. According to the industry distribution chart, Dick's Sporting Goods ranks #721 out of 805 companies in the Retail - Cyclical industry, placing it in the top 89.6%.
Is Dick's Sporting Goods' Cyclically Adjusted PB Ratio too high?
Dick's Sporting Goods' current Cyclically Adjusted PB Ratio of 5.94 is 29% above median its 10-year median of 4.61. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 9.02. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.25. Dick's Sporting Goods' value of 5.94 is 375.2% above this industry median. Based on the distribution chart, Dick's Sporting Goods ranks #721 out of 805 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Dick's Sporting Goods has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dick's Sporting Goods' Cyclically Adjusted PB Ratio compare to BBY and ULTA?
According to the Retail - Cyclical industry distribution chart, Dick's Sporting Goods ranks #721 out of 805 companies for Cyclically Adjusted PB Ratio. This places Dick's Sporting Goods in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Dick's Sporting Goods' value of 5.94 is 375.2% above this benchmark. Historically, Dick's Sporting Goods' own Cyclically Adjusted PB Ratio has ranged from 1.00 to 9.02 over the past decade. While the company's 10-year median is 4.61 vs. the industry median of 1.25, Dick's Sporting Goods 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 805 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. Dick's Sporting Goods's current Cyclically Adjusted PB Ratio of 5.94 is 375.2% 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 Dick's Sporting Goods 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. Dick's Sporting Goods's current Cyclically Adjusted PB Ratio is 5.94, which is 29% above median its own 10-year median of 4.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dick's Sporting Goods stock overvalued right now?
Based on GuruFocus' analysis, Dick's Sporting Goods (DKS) is currently considered Modestly Undervalued. The stock's GF Value™ is $281.32, compared to a current price of $200.32 — trading 28.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.94, which is 29% above median its 10-year median of 4.61 and 375.2% above the Retail - Cyclical industry median of 1.25. Dick's Sporting Goods' overall GF Score™ is 95/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Dick's Sporting Goods (DKS), the current Cyclically Adjusted PB Ratio is 5.94 as of Aug. 06, 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 Dick's Sporting Goods (DKS) Overvalued in 2026?

Based on GuruFocus' analysis, Dick's Sporting Goods stock appears to be undervalued. The current stock price of $200.32 is trading 28.8% below its estimated GF Value™ of $281.32. GuruFocus considers Dick's Sporting Goods to be Modestly Undervalued.

Key valuation signals for DKS:

  • Cyclically Adjusted PB Ratio: 5.94 (29% above median its 10-year median of 4.61)
  • GF Value™: $281.32 vs. price of $200.32 (28.8% below fair value)
  • GF Score™: 95/100 with 5 warning signs
  • Industry Position: 375.2% above the Retail - Cyclical median (#721 of 805)

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


Dick's Sporting Goods Business Description

Address 345 Court Street, Coraopolis, PA, USA, 15108
Dick's Sporting Goods is a retailer that offers sports and outdoor apparel, footwear, and equipment online and in physical stores. The company's legacy business includes more than 700 stores under its own name, more than 110 Golf Galaxy golf specialty stores, and about 50 outlet stores. In September 2025, Dick's acquired multinational retailer Foot Locker. With this move, Dick's added about 2,600 stores under the Foot Locker, Kids Foot Locker, Champs Sports, atmos, and WSS nameplates in North America, the Asia-Pacific, and EMEA—Europe, the Middle East, and Africa. The combined Dick's and Foot Locker has an annual sales base of more than $22 billion. Based in the Pittsburgh area, Dick's was founded in 1948 by the father of current executive chair and controlling shareholder Edward Stack.
95GF Score

Get the complete analysis for DKS

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

$200.32
Price
$281.32
GF Value