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GameStop (XTER:GS2C) Cyclically Adjusted PB Ratio : 4.71 (As of Jun. 20, 2024)


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What is GameStop Cyclically Adjusted PB Ratio?

As of today (2024-06-20), GameStop's current share price is €22.705. GameStop's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was €4.82. GameStop's Cyclically Adjusted PB Ratio for today is 4.71.

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

XTER:GS2C' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.14   Med: 2.36   Max: 16.55
Current: 4.84

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.

XTER:GS2C's Cyclically Adjusted PB Ratio is ranked worse than
86.92% of 772 companies
in the Retail - Cyclical industry
Industry Median: 1.13 vs XTER:GS2C: 4.84

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 Apr. 2024 was €3.979. 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 €4.82 for the trailing ten years ended in Apr. 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
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 3.74 4.31 2.68 2.79 2.17

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
=22.705/4.82
=4.71

* 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 Apr. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=3.979/131.7762*131.7762
=3.979

Current CPI (Apr. 2024) = 131.7762.

GameStop Quarterly Data

Book Value per Share CPI Adj_Book
201407 3.573 100.520 4.684
201410 3.625 100.176 4.769
201501 4.133 98.604 5.523
201504 4.468 99.824 5.898
201507 4.222 100.691 5.525
201510 4.123 100.346 5.414
201601 4.638 99.957 6.114
201604 4.566 100.947 5.960
201607 4.679 101.524 6.073
201610 4.700 101.988 6.073
201701 5.245 102.456 6.746
201704 5.224 103.167 6.673
201707 4.946 103.278 6.311
201710 4.859 104.070 6.153
201801 4.481 104.578 5.646
201804 4.367 105.708 5.444
201807 4.419 106.324 5.477
201810 3.337 106.695 4.121
201901 2.869 106.200 3.560
201904 2.810 107.818 3.434
201907 1.995 108.250 2.429
201910 2.054 108.577 2.493
202001 2.142 108.841 2.593
202004 1.549 108.173 1.887
202007 1.175 109.318 1.416
202010 1.083 109.861 1.299
202101 1.373 110.364 1.639
202104 2.652 112.673 3.102
202107 5.161 115.183 5.904
202110 4.983 116.696 5.627
202201 4.666 118.619 5.184
202204 4.425 121.978 4.780
202207 4.344 125.002 4.579
202210 4.153 125.734 4.353
202301 4.029 126.223 4.206
202304 3.806 127.992 3.919
202307 3.753 128.974 3.835
202310 3.914 129.810 3.973
202401 4.020 130.124 4.071
202404 3.979 131.776 3.979

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  (XTER: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 (XTER:GS2C) Business Description

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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