Best Buy Co (MEX:BBY) Cyclically Adjusted PB Ratio: (As of Sep. 21, 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.

MEX:BBY Best Buy Co Inc MEX:BBY
68 GF Score
Price MXN1,461.61
GF Value MXN1,266.28
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Best Buy Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Best Buy Co  (MEX:BBY) 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.


Best Buy Co Cyclically Adjusted PB Ratio Related Terms


Best Buy Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Best Buy Co'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.

Best Buy Co Cyclically Adjusted PB Ratio Chart

Best Buy Co 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 7.29 5.55 3.86 5.46 3.52

Best Buy Co Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 3.97 4.77 3.53 3.19 4.51

MEX:BBY vs TSCO, FIVE, ULTA: Cyclically Adjusted PB Ratio Comparison

For the Specialty Retail subindustry, Best Buy Co'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.


Best Buy Co Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Best Buy Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:BBY
68GF Score
Best Buy Co Inc MEX:BBY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Best Buy Co 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.

Best Buy Co's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2026 is calculated as:

For example, Best Buy Co's adjusted Book Value per Share data for the three months ended in Jul. 2026 was:

Adj_Book=Book Value per Share/CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=262.483/333.9180*333.9180
=262.483

Current CPI (Jul. 2026) = 333.9180.

Best Buy Co Quarterly Data

Book Value per Share CPI Adj_Book
201610 256.034 241.729 353.679
201701 314.239 242.839 432.097
201704 279.023 244.524 381.029
201707 258.634 244.786 352.808
201710 268.341 246.663 363.264
201801 237.164 247.867 319.499
201804 228.594 250.546 304.661
201807 215.390 252.006 285.400
201810 224.250 252.885 296.107
201901 236.758 251.712 314.080
201904 238.962 255.548 312.246
201907 235.308 256.571 306.245
201910 230.433 257.346 298.997
202001 256.598 257.971 332.141
202004 315.923 256.389 411.454
202007 324.967 259.101 418.803
202010 336.976 260.388 432.133
202101 360.954 261.582 460.770
202104 335.006 267.054 418.884
202107 348.123 273.003 425.799
202110 360.472 276.589 435.188
202201 274.230 281.148 325.702
202204 251.426 289.109 290.395
202207 261.584 296.276 294.818
202210 263.801 298.012 295.585
202301 240.926 299.170 268.909
202304 230.585 303.363 253.810
202307 217.309 305.691 237.375
202310 234.697 307.671 254.719
202401 243.439 308.417 263.567
202404 243.002 313.548 258.789
202407 269.232 314.540 285.819
202410 288.826 315.664 305.528
202501 274.182 317.671 288.205
202504 255.967 320.795 266.438
202507 243.052 323.048 251.230
202510 234.367 0.000
202601 245.894 325.252 252.446
202604 256.239 333.020 256.930
202607 262.483 333.918 262.483

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 Best Buy Co (MEX:BBY) Overvalued in 2026?

Based on GuruFocus' analysis, Best Buy Co stock appears to be overvalued. The current stock price of MXN1,461.61 is trading 15.4% above its estimated GF Value™ of MXN1,266.28. GuruFocus considers Best Buy Co to be Modestly Overvalued.

Key valuation signals for MEX:BBY:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: MXN1,266.28 vs. price of MXN1,461.61 (15.4% above fair value)
  • GF Score™: 68/100 with 7 warning signs

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


Best Buy Co Business Description

Address 7601 Penn Avenue South, Richfield, MN, USA, 55423
Best Buy Co Inc is a pure-play consumer electronics retailer in the USA. It has two reportable segments: Domestic and International. The Domestic and International segments have offerings in six revenue categories. Computing and Mobile Phones, Consumer Electronics, Appliances, Entertainment, Services, and Other. The company has approximately 1,068 stores throughout its Domestic and International segments. It also have vendor store-within-a-store concepts to allow closer vendor partnerships and a higher quality customer experience. The company generates majority of its revenue from the Domestic segment.
68GF Score

Get the complete analysis for MEX:BBY

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

MXN1,461.61
Price
MXN1,266.28
GF Value