Pricesmart (FRA:PS8) Cyclically Adjusted PB Ratio: 5.31 (As of Jul. 22, 2026) — 61% Above Median

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FRA:PS8 Pricesmart Inc FRA:PS8
32 GF Score
Price €163.00
GF Value €93.21
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Pricesmart Cyclically Adjusted PB Ratio?

Pricesmart FRA:PS8 +2.53% 32 Cyclically Adjusted PB Ratio is 5.31 as of Jul. 22, 2026, which is 61% above its 10-year median of 3.30. GuruFocus rates FRA:PS8 with a GF Score™ of 32/100 and a GF Value™ of €93.21 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 233 Retail - Defensive companies, Pricesmart ranks worse than 83.69% on this metric.

As of today (2026-07-22), Pricesmart's current share price is €163.00. Pricesmart's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was €30.71. Pricesmart's Cyclically Adjusted PB Ratio for today is 5.31.

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

FRA:PS8' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.14   Med: 3.3   Max: 6.39
Current: 5.15

During the past years, Pricesmart's highest Cyclically Adjusted PB Ratio was 6.39. The lowest was 2.14. And the median was 3.30.

FRA:PS8's Cyclically Adjusted PB Ratio is ranked worse than
83.69% of 233 companies
in the Retail - Defensive industry
Industry Median: 1.63 vs FRA:PS8: 5.15

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.

Pricesmart's adjusted book value per share data for the three months ended in May. 2026 was €38.622. 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 €30.71 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pricesmart  (FRA:PS8) 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.


Pricesmart Cyclically Adjusted PB Ratio Related Terms


Pricesmart Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Pricesmart'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.

Pricesmart Cyclically Adjusted PB Ratio Chart

Pricesmart Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.60 2.35 2.70 2.84 3.17

Pricesmart Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 3.25 3.17 3.59 4.42 4.69

FRA:PS8 vs TBBB, OLLI, BJ: Cyclically Adjusted PB Ratio Comparison

For the Discount Stores subindustry, Pricesmart'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.


Pricesmart Cyclically Adjusted PB Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Pricesmart's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:PS8
32GF Score
Pricesmart Inc FRA:PS8
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pricesmart 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.

Pricesmart's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=163.00/30.71
=5.31

* 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.

Pricesmart's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 is calculated as:

For example, Pricesmart's adjusted Book Value per Share data for the three months ended in May. 2026 was:

Adj_Book=Book Value per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=38.622/335.1230*335.1230
=38.622

Current CPI (May. 2026) = 335.1230.

Pricesmart Quarterly Data

Book Value per Share CPI Adj_Book
201608 18.722 240.849 26.050
201611 19.969 241.353 27.727
201702 20.744 243.603 28.537
201705 20.524 244.733 28.104
201708 19.747 245.519 26.954
201711 20.521 246.669 27.880
201802 19.475 248.991 26.212
201805 20.825 251.588 27.740
201808 21.551 252.146 28.643
201811 22.089 252.038 29.371
201902 22.336 252.776 29.612
201905 22.792 256.092 29.826
201908 23.472 256.558 30.660
201911 24.148 257.208 31.463
202002 24.511 258.678 31.755
202005 24.494 256.394 32.015
202008 22.914 259.918 29.544
202011 23.839 260.229 30.700
202102 23.492 263.014 29.933
202105 24.034 269.195 29.920
202108 25.298 273.567 30.990
202111 26.742 277.948 32.243
202202 27.222 283.716 32.154
202205 29.612 292.296 33.951
202208 31.651 296.171 35.814
202211 32.426 297.711 36.501
202302 31.451 300.840 35.035
202305 32.273 304.127 35.562
202308 32.771 307.026 35.770
202311 32.768 307.051 35.764
202402 33.077 310.326 35.720
202405 33.069 314.069 35.286
202408 33.246 314.796 35.393
202411 35.594 315.493 37.809
202502 36.599 319.082 38.439
202505 35.019 321.465 36.507
202508 34.850 323.976 36.049
202511 36.625 324.122 37.868
202602 36.502 326.785 37.433
202605 38.622 335.123 38.622

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 5.31 mean?
Pricesmart (FRA:PS8) has a Cyclically Adjusted PB Ratio of 5.31 as of Jul. 22, 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 Pricesmart and its competitors. This is 61% above median its historical median of 3.30. Over the past decade, Pricesmart's Cyclically Adjusted PB Ratio has ranged from 2.14 to 6.39. According to the industry distribution chart, Pricesmart ranks #195 out of 233 companies in the Retail - Defensive industry, placing it in the top 83.7%.
Is Pricesmart's Cyclically Adjusted PB Ratio too high?
Pricesmart's current Cyclically Adjusted PB Ratio of 5.31 is 61% above median its 10-year median of 3.30. Over the past 10 years, this metric has ranged from a low of 2.14 to a high of 6.39. The Retail - Defensive industry median Cyclically Adjusted PB Ratio is 1.63. Pricesmart's value of 5.31 is 225.8% above this industry median. Based on the distribution chart, Pricesmart ranks #195 out of 233 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Pricesmart has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pricesmart's Cyclically Adjusted PB Ratio compare to TBBB and OLLI?
According to the Retail - Defensive industry distribution chart, Pricesmart ranks #195 out of 233 companies for Cyclically Adjusted PB Ratio. This places Pricesmart in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.63. Pricesmart's value of 5.31 is 225.8% above this benchmark. Historically, Pricesmart's own Cyclically Adjusted PB Ratio has ranged from 2.14 to 6.39 over the past decade. While the company's 10-year median is 3.30 vs. the industry median of 1.63, Pricesmart 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 - Defensive company?
The median Cyclically Adjusted PB Ratio among Retail - Defensive companies is 1.63, based on 233 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. Pricesmart's current Cyclically Adjusted PB Ratio of 5.31 is 225.8% 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 Pricesmart and its competitors. For the Retail - Defensive industry, the median Cyclically Adjusted PB Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pricesmart's current Cyclically Adjusted PB Ratio is 5.31, which is 61% above median its own 10-year median of 3.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pricesmart stock overvalued right now?
Based on GuruFocus' analysis, Pricesmart (FRA:PS8) is currently considered Significantly Overvalued. The stock's GF Value™ is €93.21, compared to a current price of €163.00 — trading 74.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.31, which is 61% above median its 10-year median of 3.30 and 225.8% above the Retail - Defensive industry median of 1.63. Pricesmart's overall GF Score™ is 32/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Pricesmart (FRA:PS8), the current Cyclically Adjusted PB Ratio is 5.31 as of Jul. 22, 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 Pricesmart (FRA:PS8) Overvalued in 2026?

Based on GuruFocus' analysis, Pricesmart stock appears to be overvalued. The current stock price of €163.00 is trading 74.9% above its estimated GF Value™ of €93.21. GuruFocus considers Pricesmart to be Significantly Overvalued.

Key valuation signals for FRA:PS8:

  • Cyclically Adjusted PB Ratio: 5.31 (61% above median its 10-year median of 3.30)
  • GF Value™: €93.21 vs. price of €163.00 (74.9% above fair value)
  • GF Score™: 32/100 with 6 warning signs
  • Industry Position: 225.8% above the Retail - Defensive median (#195 of 233)

No single metric tells the full story. See the FRA:PS8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pricesmart Business Description

Other Exchanges PSMT:USA
Address 9797 Aero Drive, Suite 100, San Diego, CA, USA, 92123
Pricesmart Inc is principally engaged in operating U.S.-style membership shopping warehouse clubs that offer consumer goods at low prices. The company is headquartered in San Diego, California, United States, and operates stores in the Caribbean, Costa Rica, Panama, and other regions. The company's revenue consists of net warehouse club sales from merchandise sales, membership income from annual membership fees, export sales, and other income. Its operations consist of four reportable segments; Central America, the Caribbean, Colombia, and the United States. A majority of the company's revenue is derived from Central America.
32GF Score

Get the complete analysis for FRA:PS8

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

€163.00
Price
€93.21
GF Value