Barrett Business ServicesBBSI +3.20%77 Piotroski F-Score is 4 as of Jun. 26, 2026, which is 33% below its 10-year median of 6.00. GuruFocus rates BBSI with a GF Score™ of 77/100 and a GF Value™ of $40.38 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,063 Business Services companies, Barrett Business Services ranks worse than 69.52% on this metric.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Barrett Business Services has an F-score of 4 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Barrett Business Services's Piotroski F-Score or its related term are showing as below:
BBSI'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 6 Max: 8
Current: 4
During the past 13 years, the highest Piotroski F-Score of Barrett Business Services was 8. The lowest was 3. And the median was 6.
Barrett Business Services (NAS:BBSI) Piotroski F-Score Explanation
The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.
He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.
He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.
What he found was something that exceeded his most optimistic expectations.
Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.
Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).
Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.
Barrett Business Services Piotroski F-Score Related Terms
Barrett Business Services Piotroski F-Score Historical Data
* 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.
BBSI vs KFRC, KELYA, NSP: Piotroski F-Score Comparison
For the Staffing & Employment Services subindustry, Barrett Business Services's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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.
Barrett Business Services Piotroski F-Score vs Business Services Industry
For the Business Services industry and Industrials sector, Barrett Business Services's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Barrett Business Services's Piotroski F-Score falls into.
* 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.
*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.
Profitability
Question 1. Return on Assets (ROA)
Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
Barrett Business Services's current Net Income (TTM) was 41.
==> Positive ==> Score 1.
Question 2. Cash Flow Return on Assets (CFROA)
Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
Barrett Business Services's current Cash Flow from Operations (TTM) was 39.
==> Positive ==> Score 1.
Question 3. Change in Return on Assets
Compare this year's return on assets (1) to last year's return on assets.
Barrett Business Services's return on assets of this year was 0.05223186. Barrett Business Services's return on assets of last year was 0.06968173.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Barrett Business Services's gearing of this year was 0.02401621. Barrett Business Services's gearing of last year was 0.0225637.
==> Last year is lower than this year ==> Score 0.
Question 6. Change in Working Capital (Liquidity)
Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.
Score 1 if this year's current ratio is higher, 0 if it's lower
Barrett Business Services's current ratio of this year was 1.15773425. Barrett Business Services's current ratio of last year was 1.21448005.
==> Last year's current ratio is higher ==> Score 0.
Question 7. Change in Shares in Issue
Compare the number of shares in issue this year, to the number in issue last year.
Score 0 if there is larger number of shares in issue this year, 1 otherwise.
Barrett Business Services's number of shares in issue this year was 25.031. Barrett Business Services's number of shares in issue last year was 25.809.
==> There is smaller number of shares in issue this year, or the same. ==> Score 1.
Efficiency
Question 8. Change in Gross Margin
Compare this year's gross margin (Gross Profit divided by sales) to last year's.
Score 1 if this year's gross margin is higher, 0 if it's lower.
Barrett Business Services's gross margin of this year was 0.20838949. Barrett Business Services's gross margin of last year was 0.21882073.
==> Last year's gross margin is higher ==> Score 0.
Question 9. Change in asset turnover
Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.
Score 1 if this year's asset turnover ratio is higher, 0 if it's lower
Barrett Business Services's asset turnover of this year was 1.61159797. Barrett Business Services's asset turnover of last year was 1.56634795.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
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4
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Barrett Business Services has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Barrett Business Services (BBSI) has a Piotroski F-Score of 4 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Barrett Business Services and its competitors. This is 33% below median its historical median of 6.00. Over the past decade, Barrett Business Services' Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Barrett Business Services ranks #739 out of 1063 companies in the Business Services industry, placing it in the top 69.5%.
Is Barrett Business Services' Piotroski F-Score too high?
Barrett Business Services' current Piotroski F-Score of 4 is 33% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Business Services industry median Piotroski F-Score is 5.00. Barrett Business Services' value of 4 is 20% below this industry median. Based on the distribution chart, Barrett Business Services ranks #739 out of 1063 companies in the Business Services industry, which is below the industry midpoint. Overall, Barrett Business Services has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Barrett Business Services' Piotroski F-Score compare to KFRC and KELYA?
According to the Business Services industry distribution chart, Barrett Business Services ranks #739 out of 1063 companies for Piotroski F-Score. This places Barrett Business Services in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Barrett Business Services' value of 4 is 20% below this benchmark. Historically, Barrett Business Services' own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Barrett Business Services 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 Piotroski F-Score for a Business Services company?
The median Piotroski F-Score among Business Services companies is 5.00, based on 1,063 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Barrett Business Services's current Piotroski F-Score of 4 is 20% 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Barrett Business Services and its competitors. For the Business Services industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Barrett Business Services's current Piotroski F-Score is 4, which is 33% below median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barrett Business Services stock overvalued right now?
Based on GuruFocus' analysis, Barrett Business Services (BBSI) is currently considered Modestly Undervalued. The stock's GF Value™ is $40.38, compared to a current price of $35.10 — trading 13.1% below its estimated fair value. The current Piotroski F-Score is 4, which is 33% below median its 10-year median of 6.00 and 20% below the Business Services industry median of 5.00. Barrett Business Services' overall GF Score™ is 77/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Barrett Business Services (BBSI), the current Piotroski F-Score is 4 as of Jun. 26, 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 Barrett Business Services (BBSI) Overvalued in 2026?
Based on GuruFocus' analysis, Barrett Business Services stock appears to be undervalued.
The current stock price of $35.10 is trading 13.1% below its estimated GF Value™ of $40.38.
GuruFocus considers Barrett Business Services to be Modestly Undervalued.
Key valuation signals for BBSI:
Piotroski F-Score: 4 (33% below median its 10-year median of 6.00)
GF Value™: $40.38 vs. price of $35.10 (13.1% below fair value)
Industry Position: 20% below the Business Services median (#739 of 1063)
No single metric tells the full story. See the BBSI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Barrett Business Services Inc is a provider of business management solutions for small and mid-sized companies through a platform that combines management consulting expertise with human resource tools to help business owners manage and operate their businesses more effectively. The company has two categories of services: Professional Employer Services (PEO) and Staffing. The majority of revenue is derived from the Professional Employer Services segment, which provides clients with human resource advisory services, HRIS access, retirement plans, a learning management system, and a web-based technology platform, myBBSI.
77GF Score
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