Sportsman's Warehouse HoldingsSPWH 49 Cyclically Adjusted PB Ratio is 0.27 as of Jul. 06, 2026, which is 73% below its 10-year median of 0.99. GuruFocus rates SPWH with a GF Score™ of 49/100 and a GF Value™ of $2.64 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 806 Retail - Cyclical companies, Sportsman's Warehouse Holdings ranks better than 89.83% on this metric.
The historical rank and industry rank for Sportsman's Warehouse Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:
SPWH'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.26 Med: 0.99 Max: 6.99
Current: 0.27
During the past years, Sportsman's Warehouse Holdings's highest Cyclically Adjusted PB Ratio was 6.99. The lowest was 0.26. And the median was 0.99.
SPWH's Cyclically Adjusted PB Ratio is ranked better than 89.83% of 806
companies
in the Retail - Cyclical industry
Industry Median: 1.25
vs SPWH: 0.27
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.
Sportsman's Warehouse Holdings's adjusted book value per share data for the three months ended in Apr. 2026 was $4.291. 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 $4.76 for the trailing ten years ended in Apr. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Sportsman's Warehouse Holdings (NAS:SPWH) 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.
Sportsman's Warehouse Holdings Cyclically Adjusted PB Ratio Related Terms
Sportsman's Warehouse Holdings Cyclically Adjusted PB Ratio Historical Data
* 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.
Sportsman's Warehouse Holdings Cyclically Adjusted PB Ratio Chart
SPWH vs NPT, ABLV, PTLE: Cyclically Adjusted PB Ratio Comparison
For the Specialty Retail subindustry, Sportsman's Warehouse 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.
Sportsman's Warehouse Holdings Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Sportsman's Warehouse Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Sportsman's Warehouse Holdings's Cyclically Adjusted PB Ratio falls into.
Sportsman's Warehouse 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.
* 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.
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 0.27 mean?
Sportsman's Warehouse Holdings (SPWH) has a Cyclically Adjusted PB Ratio of 0.27 as of Jul. 06, 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 Sportsman's Warehouse Holdings and its competitors. This is 73% below median its historical median of 0.99. Over the past decade, Sportsman's Warehouse Holdings' Cyclically Adjusted PB Ratio has ranged from 0.26 to 6.99. According to the industry distribution chart, Sportsman's Warehouse Holdings ranks #82 out of 806 companies in the Retail - Cyclical industry, placing it in the top 10.2%.
Is Sportsman's Warehouse Holdings' Cyclically Adjusted PB Ratio too high?
Sportsman's Warehouse Holdings' current Cyclically Adjusted PB Ratio of 0.27 is 73% below median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 6.99. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.25. Sportsman's Warehouse Holdings' value of 0.27 is 78.4% below this industry median. Based on the distribution chart, Sportsman's Warehouse Holdings ranks #82 out of 806 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Sportsman's Warehouse Holdings has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sportsman's Warehouse Holdings' Cyclically Adjusted PB Ratio compare to NPT and ABLV?
According to the Retail - Cyclical industry distribution chart, Sportsman's Warehouse Holdings ranks #82 out of 806 companies for Cyclically Adjusted PB Ratio. This places Sportsman's Warehouse Holdings in the top 10% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.25. Sportsman's Warehouse Holdings' value of 0.27 is 78.4% below this benchmark. Historically, Sportsman's Warehouse Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.26 to 6.99 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 1.25, Sportsman's Warehouse 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 a Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.25, based on 806 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. Sportsman's Warehouse Holdings's current Cyclically Adjusted PB Ratio of 0.27 is 78.4% 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 Sportsman's Warehouse Holdings and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sportsman's Warehouse Holdings's current Cyclically Adjusted PB Ratio is 0.27, which is 73% below median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sportsman's Warehouse Holdings stock overvalued right now?
Based on GuruFocus' analysis, Sportsman's Warehouse Holdings (SPWH) is currently considered Possible Value Trap. The stock's GF Value™ is $2.64, compared to a current price of $1.31 — trading 50.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.27, which is 73% below median its 10-year median of 0.99 and 78.4% below the Retail - Cyclical industry median of 1.25. Sportsman's Warehouse Holdings' overall GF Score™ is 49/100 with 7 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 Sportsman's Warehouse Holdings (SPWH), the current Cyclically Adjusted PB Ratio is 0.27 as of Jul. 06, 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 Sportsman's Warehouse Holdings (SPWH) Overvalued in 2026?
Based on GuruFocus' analysis, Sportsman's Warehouse Holdings stock appears to be undervalued.
The current stock price of $1.31 is trading 50.6% below its estimated GF Value™ of $2.64.
GuruFocus considers Sportsman's Warehouse Holdings to be Possible Value Trap.
Key valuation signals for SPWH:
Cyclically Adjusted PB Ratio: 0.27 (73% below median its 10-year median of 0.99)
GF Value™: $2.64 vs. price of $1.31 (50.6% below fair value)
Industry Position: 78.4% below the Retail - Cyclical median (#82 of 806)
No single metric tells the full story. See the SPWH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sportsman's Warehouse Holdings Business Description
Sportsman's Warehouse Holdings Inc together with its subsidiaries operates as an outdoor sporting goods retailer. It provides a one-stop shopping experience that equips customers with the right quality, brand name hunting, shooting, fishing, and camping gear to maximize enjoyment of the outdoors. The company offers products in the categories of Camping, Apparel, Fishing, Footwear, Hunting and shooting, and Optics, Electronics, Accessories, and Other products. It provides products such as Backpacks, Jackets, Camp essentials, Hiking boots, GPS devices, ATV accessories and Fishing rods, among others. The company also offers an e-commerce experience, extensive in-store events and educational programming.
49GF 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.
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