Golden Entertainment (STU:GE6) Cyclically Adjusted PB Ratio: 2.05 (As of Aug. 16, 2026) — 10% Below Median

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STU:GE6 Golden Entertainment Inc STU:GE6
42 GF Score
Price €24.40
GF Value €23.92
! 8 Warning Signs
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What is Golden Entertainment Cyclically Adjusted PB Ratio?

Golden Entertainment STU:GE6 42 Cyclically Adjusted PB Ratio is 2.05 as of Aug. 16, 2026, which is 10% below its 10-year median of 2.29. GuruFocus rates STU:GE6 with a GF Score™ of 42/100 and a GF Value™ of €23.92. The stock has 8 warning signs investors should review.

As of today (2026-08-16), Golden Entertainment's current share price is €24.40. Golden Entertainment's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was €11.91. Golden Entertainment's Cyclically Adjusted PB Ratio for today is 2.05.

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

STU:GE6' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 2.29   Max: 5.53
Current: 2.01

During the past years, Golden Entertainment's highest Cyclically Adjusted PB Ratio was 5.53. The lowest was 0.36. And the median was 2.29.

STU:GE6's Cyclically Adjusted PB Ratio is not ranked
in the Travel & Leisure industry.
Industry Median: 1.21 vs STU:GE6: 2.01

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.

Golden Entertainment's adjusted book value per share data for the three months ended in Dec. 2025 was €13.727. 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 €11.91 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Golden Entertainment  (STU:GE6) 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.


Golden Entertainment Cyclically Adjusted PB Ratio Related Terms


Golden Entertainment Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Golden Entertainment'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.

Golden Entertainment Cyclically Adjusted PB Ratio Chart

Golden Entertainment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.72 3.25 3.26 2.37 1.91

Golden Entertainment Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 2.37 1.93 2.11 1.66 1.91

STU:GE6 vs BALY, MSC, FLL: Cyclically Adjusted PB Ratio Comparison

For the Resorts & Casinos subindustry, Golden Entertainment'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.


Golden Entertainment Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

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

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


STU:GE6
42GF Score
Golden Entertainment Inc STU:GE6
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golden Entertainment 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.

Golden Entertainment's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.40/11.91
=2.05

* 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.

Golden Entertainment's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Golden Entertainment's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=13.727/324.0540*324.0540
=13.727

Current CPI (Dec. 2025) = 324.0540.

Golden Entertainment Quarterly Data

Book Value per Share CPI Adj_Book
201603 8.728 238.132 11.877
201606 7.815 241.018 10.507
201609 7.940 241.428 10.657
201612 8.931 241.432 11.987
201703 9.091 243.801 12.084
201706 8.787 244.955 11.624
201709 8.665 246.819 11.376
201712 10.235 246.524 13.454
201803 10.402 249.554 13.507
201806 11.134 251.989 14.318
201809 10.959 252.439 14.068
201812 10.345 251.233 13.344
201903 10.059 254.202 12.823
201906 9.649 256.143 12.207
201909 9.670 256.759 12.204
201912 9.354 256.974 11.796
202003 8.351 258.115 10.484
202006 5.748 257.797 7.225
202009 5.380 260.280 6.698
202012 4.707 260.474 5.856
202103 5.053 264.877 6.182
202106 7.955 271.696 9.488
202109 8.934 274.310 10.554
202112 9.809 278.802 11.401
202203 10.442 287.504 11.769
202206 11.120 296.311 12.161
202209 12.479 296.808 13.625
202212 11.823 296.797 12.909
202303 11.416 301.836 12.256
202306 11.772 305.109 12.503
202309 17.864 307.789 18.808
202312 17.200 306.746 18.171
202403 18.103 312.332 18.782
202406 17.685 314.175 18.241
202409 16.774 315.301 17.240
202412 17.083 315.605 17.540
202503 16.167 319.799 16.382
202506 14.693 322.561 14.761
202509 14.132 324.800 14.100
202512 13.727 324.054 13.727

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 2.05 mean?
Golden Entertainment (STU:GE6) has a Cyclically Adjusted PB Ratio of 2.05 as of Aug. 16, 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 Golden Entertainment and its competitors. This is 10% below median its historical median of 2.29. Over the past decade, Golden Entertainment's Cyclically Adjusted PB Ratio has ranged from 0.36 to 5.53.
Is Golden Entertainment's Cyclically Adjusted PB Ratio too high?
Golden Entertainment's current Cyclically Adjusted PB Ratio of 2.05 is 10% below median its 10-year median of 2.29. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 5.53. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.21. Golden Entertainment's value of 2.05 is 69.4% above this industry median. Overall, Golden Entertainment has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Golden Entertainment's Cyclically Adjusted PB Ratio compare to BALY and MSC?
Golden Entertainment's Cyclically Adjusted PB Ratio of 2.05 can be compared against companies in the Travel & Leisure industry. The industry median Cyclically Adjusted PB Ratio is 1.21. Golden Entertainment's value of 2.05 is 69.4% above this benchmark. Historically, Golden Entertainment's own Cyclically Adjusted PB Ratio has ranged from 0.36 to 5.53 over the past decade. While the company's 10-year median is 2.29 vs. the industry median of 1.21, Golden Entertainment 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 Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.21, based on 639 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. Golden Entertainment's current Cyclically Adjusted PB Ratio of 2.05 is 69.4% 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 Golden Entertainment and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golden Entertainment's current Cyclically Adjusted PB Ratio is 2.05, which is 10% below median its own 10-year median of 2.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Entertainment stock overvalued right now?
Golden Entertainment (STU:GE6) has a current Cyclically Adjusted PB Ratio of 2.05. The stock's GF Value™ is €23.92, compared to a current price of €24.40 — trading 2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.05, which is 10% below median its 10-year median of 2.29 and 69.4% above the Travel & Leisure industry median of 1.21. Golden Entertainment's overall GF Score™ is 42/100 with 8 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 Golden Entertainment (STU:GE6), the current Cyclically Adjusted PB Ratio is 2.05 as of Aug. 16, 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 Golden Entertainment (STU:GE6) Overvalued in 2026?

Based on GuruFocus' analysis, Golden Entertainment stock appears to be overvalued. The current stock price of €24.40 is trading 2% above its estimated GF Value™ of €23.92.

Key valuation signals for STU:GE6:

  • Cyclically Adjusted PB Ratio: 2.05 (10% below median its 10-year median of 2.29)
  • GF Value™: €23.92 vs. price of €24.40 (2% above fair value)
  • GF Score™: 42/100 with 8 warning signs
  • Industry Position: 69.4% above the Travel & Leisure median

No single metric tells the full story. See the STU:GE6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Golden Entertainment Business Description

Address 6595 S Jones Boulevard, Las Vegas, NV, USA, 89118
Golden Entertainment Inc is a U.S. based company that focuses on distributed gaming, casino, and resort operations. Its reportable segments are Nevada Casino Resorts, Nevada Locals Casinos, Nevada Taverns. The majority of the revenue for the company is generated from its Nevada Casino Resorts segment, which is comprised of destination casino resort properties offering a variety of food and beverage outlets, entertainment venues, and other amenities.
42GF Score

Get the complete analysis for STU:GE6

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

€24.40
Price
€23.92
GF Value