GSHD (Goosehead Insurance) Cyclically Adjusted PB Ratio: (As of Aug. 18, 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.

GSHD Goosehead Insurance Inc GSHD
75 GF Score
Price $65.97
GF Value $83.43
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Goosehead Insurance Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Goosehead Insurance  (NAS:GSHD) 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.


Goosehead Insurance Cyclically Adjusted PB Ratio Related Terms


Goosehead Insurance Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Goosehead Insurance'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.

Goosehead Insurance Cyclically Adjusted PB Ratio Chart

Goosehead Insurance 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 0.00 0.00 0.00 0.00 0.00

Goosehead Insurance 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 0.00 0.00 0.00 0.00 0.00

GSHD vs LIFE, CRD.A, TWFG: Cyclically Adjusted PB Ratio Comparison

For the Insurance Brokers subindustry, Goosehead Insurance'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.


Goosehead Insurance Cyclically Adjusted PB Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Goosehead Insurance's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


GSHD
75GF Score
Goosehead Insurance Inc GSHD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goosehead Insurance 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.

Goosehead Insurance's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Goosehead Insurance's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=-3.874/324.0540*324.0540
=-3.874

Current CPI (Dec25) = 324.0540.

Goosehead Insurance Annual Data

Book Value per Share CPI Adj_Book
201612 -1.978 241.432 -2.655
201712 -3.357 246.524 -4.413
201812 -0.616 251.233 -0.795
201912 -0.591 256.974 -0.745
202012 -0.266 260.474 -0.331
202112 -0.694 278.802 -0.807
202212 0.463 296.797 0.506
202312 1.120 306.746 1.183
202412 1.779 315.605 1.827
202512 -3.874 324.054 -3.874

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 Goosehead Insurance (GSHD) Overvalued in 2026?

Based on GuruFocus' analysis, Goosehead Insurance stock appears to be undervalued. The current stock price of $65.97 is trading 20.9% below its estimated GF Value™ of $83.43. GuruFocus considers Goosehead Insurance to be Modestly Undervalued.

Key valuation signals for GSHD:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $83.43 vs. price of $65.97 (20.9% below fair value)
  • GF Score™: 75/100 with 3 warning signs

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


Goosehead Insurance Business Description

Other Exchanges 2OX:Germany
Address 1500 Solana Boulevard, Building 4, Suite 4500, Westlake, TX, USA, 76262
Goosehead Insurance Inc operates as an insurance agency. Its insurance products consist of homeowner's insurance; auto insurance; other personal lines products including flood, wind and earthquake insurance; excess liability or umbrella insurance; specialty lines insurance (motorcycle, recreational vehicle and other insurance); commercial lines insurance (general liability, property, and auto insurance for small businesses); and life insurance. Geographically, it operates in Texas, California, Illinois, Florida, and other regions. The company is has a single reportable segment: insurance distribution.
75GF Score

Get the complete analysis for GSHD

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

$65.97
Price
$83.43
GF Value