Build-A-Bear Workshop (STU:FPW) Cyclically Adjusted PB Ratio: 4.10 (As of Jul. 25, 2026) — 82% Above Median

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STU:FPW Build-A-Bear Workshop Inc STU:FPW
74 GF Score
Price €29.66
GF Value €34.66
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Build-A-Bear Workshop Cyclically Adjusted PB Ratio?

Build-A-Bear Workshop STU:FPW -0.07% 74 Cyclically Adjusted PB Ratio is 4.10 as of Jul. 25, 2026, which is 82% above its 10-year median of 2.25. GuruFocus rates STU:FPW with a GF Score™ of 74/100 and a GF Value™ of €34.66 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 809 Retail - Cyclical companies, Build-A-Bear Workshop ranks worse than 83.44% on this metric.

As of today (2026-07-25), Build-A-Bear Workshop's current share price is €29.66. Build-A-Bear Workshop's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was €7.23. Build-A-Bear Workshop's Cyclically Adjusted PB Ratio for today is 4.10.

The historical rank and industry rank for Build-A-Bear Workshop's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:FPW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 2.25   Max: 9.25
Current: 3.95

During the past years, Build-A-Bear Workshop's highest Cyclically Adjusted PB Ratio was 9.25. The lowest was 0.15. And the median was 2.25.

STU:FPW's Cyclically Adjusted PB Ratio is ranked worse than
83.44% of 809 companies
in the Retail - Cyclical industry
Industry Median: 1.24 vs STU:FPW: 3.95

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.

Build-A-Bear Workshop's adjusted book value per share data for the three months ended in Apr. 2026 was €10.766. 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 €7.23 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Build-A-Bear Workshop  (STU:FPW) 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.


Build-A-Bear Workshop Cyclically Adjusted PB Ratio Related Terms


Build-A-Bear Workshop Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Build-A-Bear Workshop'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.

Build-A-Bear Workshop Cyclically Adjusted PB Ratio Chart

Build-A-Bear Workshop Annual Data
Trend Dec16 Dec17 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.73 3.62 3.14 5.52 7.25

Build-A-Bear Workshop Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 4.50 6.34 6.66 7.25 4.33

STU:FPW vs BNED, EVGO, FLWS: Cyclically Adjusted PB Ratio Comparison

For the Specialty Retail subindustry, Build-A-Bear Workshop'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.


Build-A-Bear Workshop Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Build-A-Bear Workshop's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Build-A-Bear Workshop's Cyclically Adjusted PB Ratio falls into.


STU:FPW
74GF Score
Build-A-Bear Workshop Inc STU:FPW
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Build-A-Bear Workshop 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.

Build-A-Bear Workshop's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=29.66/7.23
=4.10

* 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.

Build-A-Bear Workshop's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Build-A-Bear Workshop's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=10.766/333.0200*333.0200
=10.766

Current CPI (Apr. 2026) = 333.0200.

Build-A-Bear Workshop Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.413 241.018 7.479
201609 5.549 241.428 7.654
201612 5.925 241.432 8.173
201703 6.052 243.801 8.267
201706 5.735 244.955 7.797
201709 5.531 246.819 7.463
201712 5.844 246.524 7.894
201804 6.054 250.546 8.047
201807 6.251 252.006 8.261
201810 6.043 252.885 7.958
201901 5.525 251.712 7.310
201904 5.202 255.548 6.779
201907 5.187 256.571 6.733
201910 4.867 257.346 6.298
202001 5.252 257.971 6.780
202004 4.079 256.389 5.298
202007 3.043 259.101 3.911
202010 3.020 260.388 3.862
202101 3.469 261.582 4.416
202104 4.062 267.054 5.065
202107 4.492 273.003 5.480
202110 4.922 276.589 5.926
202201 5.129 281.148 6.075
202204 5.817 289.109 6.701
202207 6.138 296.276 6.899
202210 6.696 298.012 7.483
202301 7.468 299.170 8.313
202304 6.654 303.363 7.305
202307 6.712 305.691 7.312
202310 7.347 307.671 7.952
202401 8.399 308.417 9.069
202404 8.597 313.548 9.131
202407 8.534 314.540 9.035
202410 8.779 315.664 9.262
202501 10.134 317.671 10.624
202504 10.045 320.795 10.428
202507 10.120 323.048 10.432
202510 9.958 0.000
202601 10.300 325.252 10.546
202604 10.766 333.020 10.766

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.

What does a Cyclically Adjusted PB Ratio of 4.10 mean?
Build-A-Bear Workshop (STU:FPW) has a Cyclically Adjusted PB Ratio of 4.10 as of Jul. 25, 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 Build-A-Bear Workshop and its competitors. This is 82% above median its historical median of 2.25. Over the past decade, Build-A-Bear Workshop's Cyclically Adjusted PB Ratio has ranged from 0.15 to 9.25. According to the industry distribution chart, Build-A-Bear Workshop ranks #675 out of 809 companies in the Retail - Cyclical industry, placing it in the top 83.4%.
Is Build-A-Bear Workshop's Cyclically Adjusted PB Ratio too high?
Build-A-Bear Workshop's current Cyclically Adjusted PB Ratio of 4.10 is 82% above median its 10-year median of 2.25. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 9.25. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.24. Build-A-Bear Workshop's value of 4.10 is 230.6% above this industry median. Based on the distribution chart, Build-A-Bear Workshop ranks #675 out of 809 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Build-A-Bear Workshop has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Build-A-Bear Workshop's Cyclically Adjusted PB Ratio compare to BNED and EVGO?
According to the Retail - Cyclical industry distribution chart, Build-A-Bear Workshop ranks #675 out of 809 companies for Cyclically Adjusted PB Ratio. This places Build-A-Bear Workshop in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.24. Build-A-Bear Workshop's value of 4.10 is 230.6% above this benchmark. Historically, Build-A-Bear Workshop's own Cyclically Adjusted PB Ratio has ranged from 0.15 to 9.25 over the past decade. While the company's 10-year median is 2.25 vs. the industry median of 1.24, Build-A-Bear Workshop has consistently been above 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 1.24, based on 809 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. Build-A-Bear Workshop's current Cyclically Adjusted PB Ratio of 4.10 is 230.6% above 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 Build-A-Bear Workshop and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Build-A-Bear Workshop's current Cyclically Adjusted PB Ratio is 4.10, which is 82% above median its own 10-year median of 2.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Build-A-Bear Workshop stock overvalued right now?
Based on GuruFocus' analysis, Build-A-Bear Workshop (STU:FPW) is currently considered Modestly Undervalued. The stock's GF Value™ is €34.66, compared to a current price of €29.66 — trading 14.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.10, which is 82% above median its 10-year median of 2.25 and 230.6% above the Retail - Cyclical industry median of 1.24. Build-A-Bear Workshop's overall GF Score™ is 74/100 with 3 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 Build-A-Bear Workshop (STU:FPW), the current Cyclically Adjusted PB Ratio is 4.10 as of Jul. 25, 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 Build-A-Bear Workshop (STU:FPW) Overvalued in 2026?

Based on GuruFocus' analysis, Build-A-Bear Workshop stock appears to be undervalued. The current stock price of €29.66 is trading 14.4% below its estimated GF Value™ of €34.66. GuruFocus considers Build-A-Bear Workshop to be Modestly Undervalued.

Key valuation signals for STU:FPW:

  • Cyclically Adjusted PB Ratio: 4.10 (82% above median its 10-year median of 2.25)
  • GF Value™: €34.66 vs. price of €29.66 (14.4% below fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 230.6% above the Retail - Cyclical median (#675 of 809)

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


Build-A-Bear Workshop Business Description

Other Exchanges BBW:USA
Address 415 South 18th Street, St. Louis, MO, USA, 63103
Build-A-Bear Workshop Inc is a U.S.-based specialty retailer of customized stuffed animals and related products. The company operates through three segments: Direct-to-consumer segment with key revenue, includes the operating activities of corporately-managed locations and other retail delivery operations in the U.S., Canada, U.K., Ireland, and two e-commerce sites, the international franchising segment includes royalties and product and fixture sales from other international operations under franchise agreements, and the commercial segment includes the transactions with other businesses, mainly comprised of licensing the intellectual properties for third-party use and wholesale activities.
74GF Score

Get the complete analysis for STU:FPW

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

€29.66
Price
€34.66
GF Value