GAME (GameSquare Holdings) Cyclically Adjusted PB Ratio: 0.01 (As of Aug. 07, 2026) — 83% Below Median

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GAME GameSquare Holdings Inc GAME
42 GF Score
Price $0.37
GF Value $0.27
Valuation Significantly Overvalued
! 6 Warning Signs
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What is GameSquare Holdings Cyclically Adjusted PB Ratio?

GameSquare Holdings GAME +0.47% 42 Cyclically Adjusted PB Ratio is 0.01 as of Aug. 07, 2026, which is 83% below its 10-year median of 0.06. GuruFocus rates GAME with a GF Score™ of 42/100 and a GF Value™ of $0.27 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 346 Interactive Media companies, GameSquare Holdings ranks better than 99.71% on this metric.

As of today (2026-08-07), GameSquare Holdings's current share price is $0.3653. GameSquare Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $27.76. GameSquare Holdings's Cyclically Adjusted PB Ratio for today is 0.01.

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

GAME' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.06   Max: 0.28
Current: 0.01

During the past years, GameSquare Holdings's highest Cyclically Adjusted PB Ratio was 0.28. The lowest was 0.01. And the median was 0.06.

GAME's Cyclically Adjusted PB Ratio is ranked better than
99.71% of 346 companies
in the Interactive Media industry
Industry Median: 1.44 vs GAME: 0.01

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.

GameSquare Holdings's adjusted book value per share data for the three months ended in Mar. 2026 was $0.144. 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 $27.76 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


GameSquare Holdings  (NAS:GAME) 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.


GameSquare Holdings Cyclically Adjusted PB Ratio Related Terms


GameSquare Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for GameSquare Holdings'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.

GameSquare Holdings Cyclically Adjusted PB Ratio Chart

GameSquare Holdings Annual Data
Trend Mar16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.08 0.08 0.04 0.01

GameSquare Holdings Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.03 0.04 0.03 0.01 0.01

GAME vs SNAL, GMHS, MSGM: Cyclically Adjusted PB Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, GameSquare Holdings'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.


GameSquare Holdings Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, GameSquare Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


GAME
42GF Score
GameSquare Holdings Inc GAME
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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GameSquare Holdings 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.

GameSquare Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.3653/27.76
=0.01

* 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.

GameSquare Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, GameSquare Holdings'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)
=0.144/330.2130*330.2130
=0.144

Current CPI (Mar. 2026) = 330.2130.

GameSquare Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201603 -42.000 238.132 -58.241
201606 -42.000 241.018 -57.543
201609 -45.500 241.428 -62.233
201702 83.684 243.603 113.437
201705 -1.304 244.733 -1.759
201708 -57.480 245.519 -77.308
201711 -3.577 246.669 -4.788
201802 393.844 248.991 522.318
201805 417.656 251.588 548.180
201808 183.514 252.146 240.332
201811 150.135 252.038 196.703
201902 128.432 252.776 167.777
201905 79.973 256.092 103.120
201908 -204.128 256.558 -262.731
201911 -191.590 257.208 -245.970
202002 -54.677 258.678 -69.797
202005 4.962 256.394 6.391
202008 0.024 259.918 0.030
202011 -2.748 260.229 -3.487
202102 1.150 263.014 1.444
202105 5.452 269.195 6.688
202108 3.901 273.567 4.709
202111 6.539 277.948 7.769
202202 5.121 283.716 5.960
202205 7.621 292.296 8.610
202208 3.974 296.171 4.431
202211 2.984 297.711 3.310
202302 1.340 300.840 1.471
202306 3.004 305.109 3.251
202309 2.661 307.789 2.855
202312 1.414 306.746 1.522
202403 1.271 312.332 1.344
202406 0.870 314.175 0.914
202409 0.707 315.301 0.740
202412 -0.090 315.605 -0.094
202503 -0.062 319.799 -0.064
202506 -0.142 322.561 -0.145
202509 0.748 324.800 0.760
202512 0.327 324.054 0.333
202603 0.144 330.213 0.144

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 0.01 mean?
GameSquare Holdings (GAME) has a Cyclically Adjusted PB Ratio of 0.01 as of Aug. 07, 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 GameSquare Holdings and its competitors. This is 83% below median its historical median of 0.06. Over the past decade, GameSquare Holdings' Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.28. According to the industry distribution chart, GameSquare Holdings ranks #1 out of 346 companies in the Interactive Media industry, placing it in the top 0.3%.
Is GameSquare Holdings' Cyclically Adjusted PB Ratio too high?
GameSquare Holdings' current Cyclically Adjusted PB Ratio of 0.01 is 83% below median its 10-year median of 0.06. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.28. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.44. GameSquare Holdings' value of 0.01 is 99.3% below this industry median. Based on the distribution chart, GameSquare Holdings ranks #1 out of 346 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, GameSquare Holdings has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GameSquare Holdings' Cyclically Adjusted PB Ratio compare to SNAL and GMHS?
According to the Interactive Media industry distribution chart, GameSquare Holdings ranks #1 out of 346 companies for Cyclically Adjusted PB Ratio. This places GameSquare Holdings in the top 0% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.44. GameSquare Holdings' value of 0.01 is 99.3% below this benchmark. Historically, GameSquare Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.28 over the past decade. While the company's 10-year median is 0.06 vs. the industry median of 1.44, GameSquare Holdings has consistently been below 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 an Interactive Media company?
The median Cyclically Adjusted PB Ratio among Interactive Media companies is 1.44, based on 346 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. GameSquare Holdings's current Cyclically Adjusted PB Ratio of 0.01 is 99.3% below 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 GameSquare Holdings and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PB Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GameSquare Holdings's current Cyclically Adjusted PB Ratio is 0.01, which is 83% below median its own 10-year median of 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GameSquare Holdings stock overvalued right now?
Based on GuruFocus' analysis, GameSquare Holdings (GAME) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.27, compared to a current price of $0.37 — trading 35.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.01, which is 83% below median its 10-year median of 0.06 and 99.3% below the Interactive Media industry median of 1.44. GameSquare Holdings' overall GF Score™ is 42/100 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 GameSquare Holdings (GAME), the current Cyclically Adjusted PB Ratio is 0.01 as of Aug. 07, 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 GameSquare Holdings (GAME) Overvalued in 2026?

Based on GuruFocus' analysis, GameSquare Holdings stock appears to be overvalued. The current stock price of $0.37 is trading 35.3% above its estimated GF Value™ of $0.27. GuruFocus considers GameSquare Holdings to be Significantly Overvalued.

Key valuation signals for GAME:

  • Cyclically Adjusted PB Ratio: 0.01 (83% below median its 10-year median of 0.06)
  • GF Value™: $0.27 vs. price of $0.37 (35.3% above fair value)
  • GF Score™: 42/100 with 6 warning signs
  • Industry Position: 99.3% below the Interactive Media median (#1 of 346)

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


GameSquare Holdings Business Description

Address 6775 Cowboys Way, Suite 1335, Frisco, TX, USA, 75034
GameSquare Holdings Inc is a vertically integrated digital media, entertainment, and technology company focused on gaming and youth culture audiences. The company operates through four reportable segments: Owned and Operated IP, Agency, SaaS and managed services, and Yield. It provides services including influencer marketing, esports talent management, creative production, merchandise and consumer products, live streaming analytics, and digital media solutions through its various brands and platforms. It generates the majority of its revenue from the Agency segment.
42GF 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.

$0.37
Price
$0.27
GF Value