BNED (Barnes & Noble Education) Cyclically Adjusted PS Ratio: 0.02 (As of Aug. 20, 2026) — 100% Above Median

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BNED Barnes & Noble Education Inc BNED
51 GF Score
Price $12.03
GF Value $2.40
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Barnes & Noble Education Cyclically Adjusted PS Ratio?

Barnes & Noble Education BNED +0.59% 51 Cyclically Adjusted PS Ratio is 0.02 as of Aug. 20, 2026, which is 100% above its 10-year median of 0.01. GuruFocus rates BNED with a GF Score™ of 51/100 and a GF Value™ of $2.40 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 804 Retail - Cyclical companies, Barnes & Noble Education ranks better than 98.26% on this metric.

As of today (2026-08-20), Barnes & Noble Education's current share price is $12.03. Barnes & Noble Education's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was $784.14. Barnes & Noble Education's Cyclically Adjusted PS Ratio for today is 0.02.

The historical rank and industry rank for Barnes & Noble Education's Cyclically Adjusted PS Ratio or its related term are showing as below:

BNED' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 0.06
Current: 0.02

During the past years, Barnes & Noble Education's highest Cyclically Adjusted PS Ratio was 0.06. The lowest was 0.01. And the median was 0.01.

BNED's Cyclically Adjusted PS Ratio is ranked better than
98.26% of 804 companies
in the Retail - Cyclical industry
Industry Median: 0.51 vs BNED: 0.02

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Barnes & Noble Education's adjusted revenue per share data for the three months ended in Apr. 2026 was $7.707. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $784.14 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Barnes & Noble Education  (NYSE:BNED) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Barnes & Noble Education Cyclically Adjusted PS Ratio Related Terms


Barnes & Noble Education Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Barnes & Noble Education's Cyclically Adjusted PS 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.

Barnes & Noble Education Cyclically Adjusted PS Ratio Chart

Barnes & Noble Education Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.01 0.01

Barnes & Noble Education Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Cyclically Adjusted PS 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 0.01 0.01 0.01 0.01 0.01

BNED vs BBW, FLWS, ONEW: Cyclically Adjusted PS Ratio Comparison

For the Specialty Retail subindustry, Barnes & Noble Education's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Barnes & Noble Education Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Barnes & Noble Education's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Barnes & Noble Education's Cyclically Adjusted PS Ratio falls into.


BNED
51GF Score
Barnes & Noble Education Inc BNED
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Barnes & Noble Education Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Barnes & Noble Education's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.03/784.14
=0.02

* 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.

Barnes & Noble Education's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Barnes & Noble Education's adjusted Revenue per Share data for the three months ended in Apr. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=7.707/333.0200*333.0200
=7.707

Current CPI (Apr. 2026) = 333.0200.

Barnes & Noble Education Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 112.476 240.628 155.663
201610 360.464 241.729 496.596
201701 242.729 242.839 332.869
201704 159.308 244.524 216.963
201707 166.687 244.786 226.770
201710 411.155 246.663 555.101
201801 280.256 247.867 376.536
201804 166.119 250.546 220.802
201807 156.751 252.006 207.143
201810 371.361 252.885 489.039
201901 249.095 251.712 329.558
201904 153.247 255.548 199.705
201907 146.430 256.571 190.061
201910 345.207 257.346 446.717
202001 226.666 257.971 292.608
202004 115.871 256.389 150.503
202007 91.857 259.101 118.063
202010 262.560 260.388 335.798
202101 179.118 261.582 228.035
202104 82.904 267.054 103.382
202107 101.945 273.003 124.357
202110 250.390 276.589 301.476
202201 168.817 281.148 199.964
202204 94.290 289.109 108.611
202207 106.380 296.276 119.573
202210 249.338 298.012 278.628
202301 181.464 299.170 201.996
202304 72.431 303.363 79.512
202307 99.759 305.691 108.678
202310 229.898 307.671 248.839
202401 170.847 308.417 184.476
202404 88.294 313.548 93.777
202407 19.498 314.540 20.644
202410 22.686 315.664 23.933
202501 15.104 317.671 15.834
202504 8.133 320.795 8.443
202507 8.462 323.048 8.723
202510 18.659 0.000
202601 14.860 325.252 15.215
202604 7.707 333.020 7.707

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 0.02 mean?
Barnes & Noble Education (BNED) has a Cyclically Adjusted PS Ratio of 0.02 as of Aug. 20, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Barnes & Noble Education and its competitors. This is 100% above median its historical median of 0.01. Over the past decade, Barnes & Noble Education's Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.06. According to the industry distribution chart, Barnes & Noble Education ranks #14 out of 804 companies in the Retail - Cyclical industry, placing it in the top 1.7%.
Is Barnes & Noble Education's Cyclically Adjusted PS Ratio too high?
Barnes & Noble Education's current Cyclically Adjusted PS Ratio of 0.02 is 100% above median its 10-year median of 0.01. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.06. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.51. Barnes & Noble Education's value of 0.02 is 96.1% below this industry median. Based on the distribution chart, Barnes & Noble Education ranks #14 out of 804 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Barnes & Noble Education has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Barnes & Noble Education's Cyclically Adjusted PS Ratio compare to BBW and FLWS?
According to the Retail - Cyclical industry distribution chart, Barnes & Noble Education ranks #14 out of 804 companies for Cyclically Adjusted PS Ratio. This places Barnes & Noble Education in the top 2% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.51. Barnes & Noble Education's value of 0.02 is 96.1% below this benchmark. Historically, Barnes & Noble Education's own Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.06 over the past decade. While the company's 10-year median is 0.01 vs. the industry median of 0.51, Barnes & Noble Education has consistently been below 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 PS Ratio for a Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.51, based on 804 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Barnes & Noble Education's current Cyclically Adjusted PS Ratio of 0.02 is 96.1% below 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Barnes & Noble Education and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Barnes & Noble Education's current Cyclically Adjusted PS Ratio is 0.02, which is 100% above median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barnes & Noble Education stock overvalued right now?
Based on GuruFocus' analysis, Barnes & Noble Education (BNED) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.40, compared to a current price of $12.03 — trading 401.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.02, which is 100% above median its 10-year median of 0.01 and 96.1% below the Retail - Cyclical industry median of 0.51. Barnes & Noble Education's overall GF Score™ is 51/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Barnes & Noble Education (BNED), the current Cyclically Adjusted PS Ratio is 0.02 as of Aug. 20, 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 Barnes & Noble Education (BNED) Overvalued in 2026?

Based on GuruFocus' analysis, Barnes & Noble Education stock appears to be overvalued. The current stock price of $12.03 is trading 401.3% above its estimated GF Value™ of $2.40. GuruFocus considers Barnes & Noble Education to be Significantly Overvalued.

Key valuation signals for BNED:

  • Cyclically Adjusted PS Ratio: 0.02 (100% above median its 10-year median of 0.01)
  • GF Value™: $2.40 vs. price of $12.03 (401.3% above fair value)
  • GF Score™: 51/100 with 4 warning signs
  • Industry Position: 96.1% below the Retail - Cyclical median (#14 of 804)

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


Barnes & Noble Education Business Description

Address 180 Park Avenue, Suite 301, Florham Park, NJ, USA, 07932
Barnes & Noble Education Inc is a contract operator of physical and virtual bookstores for college and university campuses and K-12 institutions across the United States. The company is also a textbook wholesaler and inventory management hardware and software provider. It offers course materials through physical and online bookstores, including new and used print textbooks, rental options, digital textbooks, and publisher-hosted digital courseware. Products are also offered directly to students through Textbooks.com. The majority of the company's revenue is derived from the sale of products through its bookstore locations, including virtual bookstores, and the bookstore affiliated e-commerce websites.
51GF Score

Get the complete analysis for BNED

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

$12.03
Price
$2.40
GF Value