Cracker Barrel Old Country Store (STU:OLD) Cyclically Adjusted PB Ratio: 1.96 (As of Jul. 18, 2026) — 62% Below Median

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STU:OLD Cracker Barrel Old Country Store Inc STU:OLD
69 GF Score
Price €46.56
GF Value €40.14
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Cracker Barrel Old Country Store Cyclically Adjusted PB Ratio?

Cracker Barrel Old Country Store STU:OLD +4.86% 69 Cyclically Adjusted PB Ratio is 1.96 as of Jul. 18, 2026, which is 62% below its 10-year median of 5.14. GuruFocus rates STU:OLD with a GF Score™ of 69/100 and a GF Value™ of €40.14 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 255 Restaurants companies, Cracker Barrel Old Country Store ranks worse than 50.2% on this metric.

As of today (2026-07-18), Cracker Barrel Old Country Store's current share price is €46.56. Cracker Barrel Old Country Store's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was €23.74. Cracker Barrel Old Country Store's Cyclically Adjusted PB Ratio for today is 1.96.

The historical rank and industry rank for Cracker Barrel Old Country Store's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:OLD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.93   Med: 5.14   Max: 11.81
Current: 1.92

During the past years, Cracker Barrel Old Country Store's highest Cyclically Adjusted PB Ratio was 11.81. The lowest was 0.93. And the median was 5.14.

STU:OLD's Cyclically Adjusted PB Ratio is ranked worse than
50.2% of 255 companies
in the Restaurants industry
Industry Median: 1.83 vs STU:OLD: 1.92

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.

Cracker Barrel Old Country Store's adjusted book value per share data for the three months ended in Apr. 2026 was €17.806. 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 €23.74 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cracker Barrel Old Country Store  (STU:OLD) 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.


Cracker Barrel Old Country Store Cyclically Adjusted PB Ratio Related Terms


Cracker Barrel Old Country Store Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cracker Barrel Old Country Store'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.

Cracker Barrel Old Country Store Cyclically Adjusted PB Ratio Chart

Cracker Barrel Old Country Store Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.49 3.44 3.30 1.62 2.21

Cracker Barrel Old Country Store 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 1.52 2.21 1.21 1.09 1.12

STU:OLD vs PZZA, BJRI, BH: Cyclically Adjusted PB Ratio Comparison

For the Restaurants subindustry, Cracker Barrel Old Country Store'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.


Cracker Barrel Old Country Store Cyclically Adjusted PB Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Cracker Barrel Old Country Store's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Cracker Barrel Old Country Store's Cyclically Adjusted PB Ratio falls into.


STU:OLD
69GF Score
Cracker Barrel Old Country Store Inc STU:OLD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cracker Barrel Old Country Store 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.

Cracker Barrel Old Country Store's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=46.56/23.74
=1.96

* 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.

Cracker Barrel Old Country Store's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Cracker Barrel Old Country Store'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)
=17.806/333.0200*333.0200
=17.806

Current CPI (Apr. 2026) = 333.0200.

Cracker Barrel Old Country Store Quarterly Data

Book Value per Share CPI Adj_Book
201607 19.888 240.628 27.524
201610 20.671 241.729 28.478
201701 22.743 242.839 31.189
201704 23.359 244.524 31.813
201707 19.625 244.786 26.699
201710 19.425 246.663 26.226
201801 21.030 247.867 28.255
201804 21.743 250.546 28.900
201807 20.740 252.006 27.407
201810 21.726 252.885 28.611
201901 22.905 251.712 30.304
201904 23.987 255.548 31.259
201907 22.429 256.571 29.112
201910 22.841 257.346 29.558
202001 23.705 257.971 30.601
202004 15.229 256.389 19.781
202007 15.361 259.101 19.743
202010 21.200 260.388 27.113
202101 21.062 261.582 26.814
202104 22.837 267.054 28.478
202107 23.894 273.003 29.147
202110 23.061 276.589 27.766
202201 22.970 281.148 27.208
202204 22.804 289.109 26.268
202207 22.566 296.276 25.365
202210 22.294 298.012 24.913
202301 20.381 299.170 22.687
202304 19.509 303.363 21.416
202307 19.743 305.691 21.508
202310 19.647 307.671 21.266
202401 19.102 308.417 20.626
202404 17.906 313.548 19.018
202407 18.278 314.540 19.352
202410 18.189 315.664 19.189
202501 19.999 317.671 20.965
202504 18.758 320.795 19.473
202507 17.768 323.048 18.316
202510 16.496 0.000
202601 16.213 325.252 16.600
202604 17.806 333.020 17.806

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 1.96 mean?
Cracker Barrel Old Country Store (STU:OLD) has a Cyclically Adjusted PB Ratio of 1.96 as of Jul. 18, 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 Cracker Barrel Old Country Store and its competitors. This is 62% below median its historical median of 5.14. Over the past decade, Cracker Barrel Old Country Store's Cyclically Adjusted PB Ratio has ranged from 0.93 to 11.81. According to the industry distribution chart, Cracker Barrel Old Country Store ranks #128 out of 255 companies in the Restaurants industry, placing it in the top 50.2%.
Is Cracker Barrel Old Country Store's Cyclically Adjusted PB Ratio too high?
Cracker Barrel Old Country Store's current Cyclically Adjusted PB Ratio of 1.96 is 62% below median its 10-year median of 5.14. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 11.81. The Restaurants industry median Cyclically Adjusted PB Ratio is 1.83. Cracker Barrel Old Country Store's value of 1.96 is 7.1% above this industry median. Based on the distribution chart, Cracker Barrel Old Country Store ranks #128 out of 255 companies in the Restaurants industry, which is below the industry midpoint. Overall, Cracker Barrel Old Country Store has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cracker Barrel Old Country Store's Cyclically Adjusted PB Ratio compare to PZZA and BJRI?
According to the Restaurants industry distribution chart, Cracker Barrel Old Country Store ranks #128 out of 255 companies for Cyclically Adjusted PB Ratio. This places Cracker Barrel Old Country Store in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.83. Cracker Barrel Old Country Store's value of 1.96 is 7.1% above this benchmark. Historically, Cracker Barrel Old Country Store's own Cyclically Adjusted PB Ratio has ranged from 0.93 to 11.81 over the past decade. While the company's 10-year median is 5.14 vs. the industry median of 1.83, Cracker Barrel Old Country Store 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 Restaurants company?
The median Cyclically Adjusted PB Ratio among Restaurants companies is 1.83, based on 255 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. Cracker Barrel Old Country Store's current Cyclically Adjusted PB Ratio of 1.96 is 7.1% 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 Cracker Barrel Old Country Store and its competitors. For the Restaurants industry, the median Cyclically Adjusted PB Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cracker Barrel Old Country Store's current Cyclically Adjusted PB Ratio is 1.96, which is 62% below median its own 10-year median of 5.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cracker Barrel Old Country Store stock overvalued right now?
Based on GuruFocus' analysis, Cracker Barrel Old Country Store (STU:OLD) is currently considered Modestly Overvalued. The stock's GF Value™ is €40.14, compared to a current price of €46.56 — trading 16% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.96, which is 62% below median its 10-year median of 5.14 and 7.1% above the Restaurants industry median of 1.83. Cracker Barrel Old Country Store's overall GF Score™ is 69/100 with 10 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 Cracker Barrel Old Country Store (STU:OLD), the current Cyclically Adjusted PB Ratio is 1.96 as of Jul. 18, 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 Cracker Barrel Old Country Store (STU:OLD) Overvalued in 2026?

Based on GuruFocus' analysis, Cracker Barrel Old Country Store stock appears to be overvalued. The current stock price of €46.56 is trading 16% above its estimated GF Value™ of €40.14. GuruFocus considers Cracker Barrel Old Country Store to be Modestly Overvalued.

Key valuation signals for STU:OLD:

  • Cyclically Adjusted PB Ratio: 1.96 (62% below median its 10-year median of 5.14)
  • GF Value™: €40.14 vs. price of €46.56 (16% above fair value)
  • GF Score™: 69/100 with 10 warning signs
  • Industry Position: 7.1% above the Restaurants median (#128 of 255)

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


Cracker Barrel Old Country Store Business Description

Other Exchanges CBRL:USA
Address 305 Hartmann Drive, Lebanon, TN, USA, 37087-4779
Cracker Barrel Old Country Store Inc operates hundreds of full-service restaurants throughout the United States. The Cracker Barrel stores consists of a restaurant with a gift shop. The restaurants serve breakfast, lunch and dinner. The gift shop offers a variety of decorative and functional items specializing in rocking chairs, holiday gifts, toys, apparel and foods.
69GF Score

Get the complete analysis for STU:OLD

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

€46.56
Price
€40.14
GF Value