GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Boyd Gaming Corp (STU:BO5) » Definitions » Cyclically Adjusted PB Ratio

Boyd Gaming (STU:BO5) Cyclically Adjusted PB Ratio : 5.09 (As of May. 22, 2025)


View and export this data going back to 2018. Start your Free Trial

What is Boyd Gaming Cyclically Adjusted PB Ratio?

As of today (2025-05-22), Boyd Gaming's current share price is €64.00. Boyd Gaming's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €12.57. Boyd Gaming's Cyclically Adjusted PB Ratio for today is 5.09.

The historical rank and industry rank for Boyd Gaming's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:BO5' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.15   Med: 3.47   Max: 7.55
Current: 5.39

During the past years, Boyd Gaming's highest Cyclically Adjusted PB Ratio was 7.55. The lowest was 1.15. And the median was 3.47.

STU:BO5's Cyclically Adjusted PB Ratio is ranked worse than
88.66% of 591 companies
in the Travel & Leisure industry
Industry Median: 1.24 vs STU:BO5: 5.39

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.

Boyd Gaming's adjusted book value per share data for the three months ended in Mar. 2025 was €15.241. 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 €12.57 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Boyd Gaming Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Boyd Gaming'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.

* Premium members only.

Boyd Gaming Cyclically Adjusted PB Ratio Chart

Boyd Gaming Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.71 7.03 5.48 5.44 5.53

Boyd Gaming Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 5.60 4.44 5.06 5.53 4.86

Competitive Comparison of Boyd Gaming's Cyclically Adjusted PB Ratio

For the Resorts & Casinos subindustry, Boyd Gaming'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.


Boyd Gaming's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Boyd Gaming's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

Boyd Gaming 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.

Boyd Gaming's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=64.00/12.57
=5.09

* 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.

Boyd Gaming's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Boyd Gaming's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=15.241/134.9266*134.9266
=15.241

Current CPI (Mar. 2025) = 134.9266.

Boyd Gaming Quarterly Data

Book Value per Share CPI Adj_Book
201506 3.826 100.684 5.127
201509 4.062 100.392 5.459
201512 4.178 99.792 5.649
201603 4.358 100.470 5.853
201606 4.574 101.688 6.069
201609 7.311 101.861 9.684
201612 7.844 101.863 10.390
201703 8.140 102.862 10.677
201706 8.073 103.349 10.540
201709 7.706 104.136 9.985
201712 8.232 104.011 10.679
201803 8.046 105.290 10.311
201806 8.723 106.317 11.070
201809 8.737 106.507 11.068
201812 9.012 105.998 11.472
201903 9.297 107.251 11.696
201906 9.656 108.070 12.056
201909 10.197 108.329 12.701
201912 10.209 108.420 12.705
202003 9.050 108.902 11.213
202006 8.016 108.767 9.944
202009 7.946 109.815 9.763
202012 8.261 109.897 10.143
202103 9.224 111.754 11.137
202106 10.046 114.631 11.825
202109 11.409 115.734 13.301
202112 12.235 117.630 14.034
202203 12.849 121.301 14.292
202206 13.540 125.017 14.613
202209 14.910 125.227 16.065
202212 14.604 125.222 15.736
202303 15.286 127.348 16.196
202306 16.140 128.729 16.917
202309 16.843 129.860 17.500
202312 16.517 129.419 17.220
202403 16.922 131.776 17.327
202406 17.227 132.554 17.535
202409 16.548 133.029 16.784
202412 17.525 133.157 17.758
202503 15.241 134.927 15.241

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.


Boyd Gaming  (STU:BO5) 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.


Boyd Gaming Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Boyd Gaming's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Boyd Gaming Business Description

Traded in Other Exchanges
Address
6465 South Rainbow Boulevard, Las Vegas, NV, USA, 89118
Boyd Gaming Corp is a multi-jurisdictional gaming company. The company operates wholly-owned gaming entertainment properties (casino space, slot machines, table games, and hotel rooms) in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio, and Pennsylvania. Geographical regions separate its business segments: Las Vegas Locals, Downtown Las Vegas, Midwest and South, and Online. Midwest and South hold the key number of entertainment properties, and it generate the majority of sales for the company.

Boyd Gaming Headlines

No Headlines