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GameStop (STU:GS2C) Cyclically Adjusted PB Ratio : 4.29 (As of May. 23, 2024)


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What is GameStop Cyclically Adjusted PB Ratio?

As of today (2024-05-23), GameStop's current share price is €20.18. GameStop's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was €4.70. GameStop's Cyclically Adjusted PB Ratio for today is 4.29.

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

STU:GS2C' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.14   Med: 2.36   Max: 16.55
Current: 4.14

During the past years, GameStop's highest Cyclically Adjusted PB Ratio was 16.55. The lowest was 0.14. And the median was 2.36.

STU:GS2C's Cyclically Adjusted PB Ratio is ranked worse than
84.82% of 731 companies
in the Retail - Cyclical industry
Industry Median: 1.18 vs STU:GS2C: 4.14

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.

GameStop's adjusted book value per share data for the three months ended in Jan. 2024 was €4.020. 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 €4.70 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GameStop Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GameStop'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.

GameStop Cyclically Adjusted PB Ratio Chart

GameStop Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 16.84 5.41 4.25 2.79

GameStop Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 4.25 3.74 4.31 2.68 2.79

Competitive Comparison of GameStop's Cyclically Adjusted PB Ratio

For the Specialty Retail subindustry, GameStop'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.


GameStop's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

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

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



GameStop 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.

GameStop's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.18/4.7
=4.29

* 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.

GameStop's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, GameStop's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=4.02/130.1244*130.1244
=4.020

Current CPI (Jan. 2024) = 130.1244.

GameStop Quarterly Data

Book Value per Share CPI Adj_Book
201404 3.581 100.023 4.659
201407 3.573 100.520 4.625
201410 3.625 100.176 4.709
201501 4.133 98.604 5.454
201504 4.468 99.824 5.824
201507 4.222 100.691 5.456
201510 4.123 100.346 5.347
201601 4.638 99.957 6.038
201604 4.566 100.947 5.886
201607 4.679 101.524 5.997
201610 4.700 101.988 5.997
201701 5.245 102.456 6.661
201704 5.224 103.167 6.589
201707 4.946 103.278 6.232
201710 4.859 104.070 6.075
201801 4.481 104.578 5.576
201804 4.367 105.708 5.376
201807 4.419 106.324 5.408
201810 3.337 106.695 4.070
201901 2.869 106.200 3.515
201904 2.810 107.818 3.391
201907 1.995 108.250 2.398
201910 2.054 108.577 2.462
202001 2.142 108.841 2.561
202004 1.549 108.173 1.863
202007 1.175 109.318 1.399
202010 1.083 109.861 1.283
202101 1.373 110.364 1.619
202104 2.652 112.673 3.063
202107 5.161 115.183 5.830
202110 4.983 116.696 5.556
202201 4.666 118.619 5.119
202204 4.425 121.978 4.721
202207 4.344 125.002 4.522
202210 4.153 125.734 4.298
202301 4.029 126.223 4.154
202304 3.806 127.992 3.869
202307 3.753 128.974 3.786
202310 3.914 129.810 3.923
202401 4.020 130.124 4.020

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.


GameStop  (STU:GS2C) 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.


GameStop Cyclically Adjusted PB Ratio Related Terms

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


GameStop (STU:GS2C) Business Description

Traded in Other Exchanges
Address
625 Westport Parkway, Grapevine, TX, USA, 76051
GameStop Corp is a U.S. multichannel video game, consumer electronics, and services retailer. The company operates across Europe, Canada, Australia, and the United States. GameStop sells new and second-hand video game hardware, physical and digital video game software, and video game accessories, mainly through GameStop, EB Games, and Micromania stores and international e-commerce sites, including www.gamestop.com, www.ebgames.com.au, and www.micromania.fr. The company has two main business segments: Video game brands and Technology brands. The technology brands segment sells wireless products and services and operates Spring Mobile managed AT&T and Cricket Wireless branded stores, along with the Simply Mac business.

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