Best Buy Co (MIL:1BBY) Cyclically Adjusted PB Ratio: (As of Aug. 27, 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.

MIL:1BBY Best Buy Co Inc MIL:1BBY
47 GF Score
Price €75.06
GF Value €64.17
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  (MIL:1BBY) 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 6.64 5.59 4.44 5.22 3.99

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 3.95 5.01 3.99 3.64 0.00

MIL:1BBY vs DKS, TSCO, 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.


MIL:1BBY
47GF Score
Best Buy Co Inc MIL:1BBY
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)
=13.094/333.9180*333.9180
=13.094

Current CPI (Jul. 2026) = 333.9180.

Best Buy Co Quarterly Data

Book Value per Share CPI Adj_Book
201610 12.361 241.729 17.075
201701 14.228 242.839 19.564
201704 13.718 244.524 18.733
201707 12.563 244.786 17.137
201710 11.937 246.663 16.160
201801 10.466 247.867 14.099
201804 9.919 250.546 13.220
201807 9.881 252.006 13.093
201810 9.634 252.885 12.721
201901 10.900 251.712 14.460
201904 11.180 255.548 14.609
201907 11.057 256.571 14.390
201910 10.865 257.346 14.098
202001 12.221 257.971 15.819
202004 12.207 256.389 15.898
202007 12.740 259.101 16.419
202010 13.462 260.388 17.263
202101 14.653 261.582 18.705
202104 13.882 267.054 17.358
202107 14.830 273.003 18.139
202110 15.126 276.589 18.261
202201 11.740 281.148 13.944
202204 11.408 289.109 13.176
202207 12.629 296.276 14.234
202210 13.490 298.012 15.115
202301 11.893 299.170 13.274
202304 11.658 303.363 12.832
202307 11.762 305.691 12.848
202310 12.311 307.671 13.361
202401 13.012 308.417 14.088
202404 13.292 313.548 14.156
202407 13.324 314.540 14.145
202410 13.233 315.664 13.998
202501 12.831 317.671 13.487
202504 11.638 320.795 12.114
202507 11.063 323.048 11.435
202510 10.852 0.000
202601 12.063 325.252 12.384
202604 12.511 333.020 12.545
202607 13.094 333.918 13.094

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 (MIL:1BBY) Overvalued in 2026?

Based on GuruFocus' analysis, Best Buy Co stock appears to be overvalued. The current stock price of €75.06 is trading 17% above its estimated GF Value™ of €64.17. GuruFocus considers Best Buy Co to be Modestly Overvalued.

Key valuation signals for MIL:1BBY:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €64.17 vs. price of €75.06 (17% above fair value)
  • GF Score™: 47/100 with 7 warning signs

No single metric tells the full story. See the MIL:1BBY 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.
47GF Score

Get the complete analysis for MIL:1BBY

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

€75.06
Price
€64.17
GF Value