GameStop (FRA:GS2C) Shiller PE Ratio: (As of Sep. 09, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:GS2C GameStop Corp FRA:GS2C
54 GF Score
Price €17.11
GF Value €9.90
Valuation Significantly Overvalued
! 4 Warning Signs
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What is GameStop Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


GameStop  (FRA:GS2C) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


GameStop Shiller PE Ratio Related Terms


GameStop Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for GameStop's Shiller PE 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.

GameStop Shiller PE Ratio Chart

GameStop Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

GameStop Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
Shiller PE 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 0.00 0.00 0.00 0.00 0.00

FRA:GS2C vs MUSA, DKS, BBWI: Shiller PE Ratio Comparison

For the Specialty Retail subindustry, GameStop's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Retail - Cyclical Industry

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

* The bar in red indicates where GameStop's Shiller PE Ratio falls into.


FRA:GS2C
54GF Score
GameStop Corp FRA:GS2C
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GameStop Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

GameStop's E10 for the quarter that ended in Jul. 2026 is calculated as:

For example, GameStop's adjusted earnings per share data for the three months ended in Jul. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=0.446/333.9180*333.9180
=0.446

Current CPI (Jul. 2026) = 333.9180.

GameStop Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201610 0.111 241.729 0.153
201701 0.479 242.839 0.659
201704 0.135 244.524 0.184
201707 0.048 244.786 0.065
201710 0.126 246.663 0.171
201801 -0.213 247.867 -0.287
201804 0.057 250.546 0.076
201807 -0.051 252.006 -0.068
201810 -1.040 252.885 -1.373
201901 -0.403 251.712 -0.535
201904 0.016 255.548 0.021
201907 -0.925 256.571 -1.204
201910 -0.231 257.346 -0.300
202001 0.072 257.971 0.093
202004 -0.591 256.389 -0.770
202007 -0.372 259.101 -0.479
202010 -0.062 260.388 -0.080
202101 0.244 261.582 0.311
202104 -0.211 267.054 -0.264
202107 -0.178 273.003 -0.218
202110 -0.302 276.589 -0.365
202201 -0.429 281.148 -0.510
202204 -0.482 289.109 -0.557
202207 -0.354 296.276 -0.399
202210 -0.315 298.012 -0.353
202301 0.148 299.170 0.165
202304 -0.155 303.363 -0.171
202307 -0.009 305.691 -0.010
202310 -0.009 307.671 -0.010
202401 0.184 308.417 0.199
202404 -0.103 313.548 -0.110
202407 0.037 314.540 0.039
202410 0.037 315.664 0.039
202501 0.280 317.671 0.294
202504 0.080 320.795 0.083
202507 0.266 323.048 0.275
202510 0.112 0.000
202601 0.187 325.252 0.192
202604 0.564 333.020 0.566
202607 0.446 333.918 0.446

Add all the adjusted EPS together and divide 10 will get our E10.

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.

Is GameStop (FRA:GS2C) Overvalued in 2026?

Based on GuruFocus' analysis, GameStop stock appears to be overvalued. The current stock price of €17.11 is trading 72.8% above its estimated GF Value™ of €9.90. GuruFocus considers GameStop to be Significantly Overvalued.

Key valuation signals for FRA:GS2C:

  • Shiller PE Ratio:
  • GF Value™: €9.90 vs. price of €17.11 (72.8% above fair value)
  • GF Score™: 54/100 with 4 warning signs

No single metric tells the full story. See the FRA:GS2C stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GameStop Business Description

Address 625 Westport Parkway, Grapevine, TX, USA, 76051
GameStop Corp offers games, collectibles, and entertainment products through its stores and ecommerce platforms. Its products include Hardware and accessories offering new and pre-owned gaming platforms from the console manufacturers, Software offering new and pre-owned gaming software for current and certain prior generation consoles and sell a wide range of in-game digital currency, digital downloadable content and full-game downloads, and Collectibles consist of apparel, toys, trading cards, gadgets and other retail products for pop culture and technology enthusiasts and collectibles related services, such as submission services for the authentication and grading of trading cards. The company operates its business in three geographic segments: the United States, Australia, and Europe.
54GF Score

Get the complete analysis for FRA:GS2C

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

€17.11
Price
€9.90
GF Value