Sportsman's Warehouse Holdings (STU:06S) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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STU:06S Sportsman's Warehouse Holdings Inc STU:06S
52 GF Score
Price €1.02
GF Value €1.91
! 5 Warning Signs
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What is Sportsman's Warehouse Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sportsman's Warehouse Holdings  (STU:06S) 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

* Premium members only.

The historical data trend for Sportsman's Warehouse 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.

Sportsman's Warehouse Holdings Cyclically Adjusted PB Ratio Chart

Sportsman's Warehouse Holdings 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 7.69 3.91 1.19 0.50 0.26

Sportsman's Warehouse Holdings 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 0.71 0.54 0.28 0.28 0.22

STU:06S vs PTLE, ABLV, TLF: 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.


STU:06S
52GF Score
Sportsman's Warehouse Holdings Inc STU:06S
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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.

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

For example, Sportsman's Warehouse Holdings'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)
=3.639/333.9180*333.9180
=3.639

Current CPI (Jul. 2026) = 333.9180.

Sportsman's Warehouse Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201610 0.401 241.729 0.554
201701 0.657 242.839 0.903
201704 0.551 244.524 0.752
201707 0.652 244.786 0.889
201710 0.866 246.663 1.172
201801 0.938 247.867 1.264
201804 0.917 250.546 1.222
201807 1.089 252.006 1.443
201810 1.387 252.885 1.831
201901 1.595 251.712 2.116
201904 1.706 255.548 2.229
201907 1.843 256.571 2.399
201910 2.070 257.346 2.686
202001 2.298 257.971 2.975
202004 2.289 256.389 2.981
202007 2.769 259.101 3.569
202010 3.429 260.388 4.397
202101 3.862 261.582 4.930
202104 4.053 267.054 5.068
202107 4.475 273.003 5.474
202110 5.013 276.589 6.052
202201 6.387 281.148 7.586
202204 6.782 289.109 7.833
202207 7.061 296.276 7.958
202210 7.604 298.012 8.520
202301 7.189 299.170 8.024
202304 6.648 303.363 7.318
202307 6.617 305.691 7.228
202310 6.885 307.671 7.472
202401 6.490 308.417 7.027
202404 6.152 313.548 6.552
202407 5.934 314.540 6.300
202410 5.911 315.664 6.253
202501 5.951 317.671 6.255
202504 4.937 320.795 5.139
202507 4.751 323.048 4.911
202510 4.717 0.000
202601 4.102 325.252 4.211
202604 3.658 333.020 3.668
202607 3.639 333.918 3.639

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 Sportsman's Warehouse Holdings (STU:06S) Overvalued in 2026?

Based on GuruFocus' analysis, Sportsman's Warehouse Holdings stock appears to be undervalued. The current stock price of €1.02 is trading 46.6% below its estimated GF Value™ of €1.91.

Key valuation signals for STU:06S:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €1.91 vs. price of €1.02 (46.6% below fair value)
  • GF Score™: 52/100 with 5 warning signs

No single metric tells the full story. See the STU:06S stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sportsman's Warehouse Holdings Business Description

Other Exchanges SPWH:USA0A8T:UK
Address 1475 West 9000 South, Suite A, West Jordan, UT, USA, 84088
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.
52GF Score

Get the complete analysis for STU:06S

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

€1.02
Price
€1.91
GF Value