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Best Buy Co (FRA:BUY) Cyclically Adjusted PB Ratio : 5.14 (As of Jun. 06, 2024)


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What is Best Buy Co Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Best Buy Co's current share price is €80.49. Best Buy Co's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was €15.65. Best Buy Co's Cyclically Adjusted PB Ratio for today is 5.14.

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

FRA:BUY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.9   Med: 4.55   Max: 9.15
Current: 5.4

During the past years, Best Buy Co's highest Cyclically Adjusted PB Ratio was 9.15. The lowest was 1.90. And the median was 4.55.

FRA:BUY's Cyclically Adjusted PB Ratio is ranked worse than
87.78% of 761 companies
in the Retail - Cyclical industry
Industry Median: 1.17 vs FRA:BUY: 5.40

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.

Best Buy Co's adjusted book value per share data for the three months ended in Apr. 2024 was €13.277. 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 €15.65 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Best Buy Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Best Buy Co'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.

Best Buy Co Cyclically Adjusted PB Ratio Chart

Best Buy Co 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 5.98 7.62 6.64 5.59 4.44

Best Buy Co 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 4.62 5.12 4.10 4.44 4.47

Competitive Comparison of Best Buy Co's Cyclically Adjusted PB Ratio

For the Specialty Retail subindustry, Best Buy Co'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.


Best Buy Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Best Buy Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Best Buy Co's Cyclically Adjusted PB Ratio falls into.



Best Buy Co 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.

Best Buy Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=80.49/15.65
=5.14

* 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.

Best Buy Co's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 is calculated as:

For example, Best Buy Co'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)
=13.277/131.7762*131.7762
=13.277

Current CPI (Apr. 2024) = 131.7762.

Best Buy Co Quarterly Data

Book Value per Share CPI Adj_Book
201407 9.569 100.520 12.544
201410 10.288 100.176 13.533
201501 12.236 98.604 16.352
201504 12.734 99.824 16.810
201507 12.204 100.691 15.972
201510 12.014 100.346 15.777
201601 12.453 99.957 16.417
201604 12.035 100.947 15.711
201607 12.330 101.524 16.004
201610 12.361 101.988 15.971
201701 14.228 102.456 18.300
201704 13.718 103.167 17.522
201707 12.563 103.278 16.030
201710 11.937 104.070 15.115
201801 10.466 104.578 13.188
201804 9.919 105.708 12.365
201807 9.881 106.324 12.246
201810 9.634 106.695 11.899
201901 10.900 106.200 13.525
201904 11.180 107.818 13.664
201907 11.057 108.250 13.460
201910 10.865 108.577 13.186
202001 12.221 108.841 14.796
202004 12.207 108.173 14.871
202007 12.740 109.318 15.357
202010 13.462 109.861 16.147
202101 14.653 110.364 17.496
202104 13.882 112.673 16.236
202107 14.830 115.183 16.966
202110 15.126 116.696 17.081
202201 11.740 118.619 13.042
202204 11.408 121.978 12.324
202207 12.629 125.002 13.313
202210 13.490 125.734 14.138
202301 11.893 126.223 12.416
202304 11.658 127.992 12.003
202307 11.762 128.974 12.018
202310 12.311 129.810 12.498
202401 13.012 130.124 13.177
202404 13.277 131.776 13.277

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.


Best Buy Co  (FRA:BUY) 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.


Best Buy Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Best Buy Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Best Buy Co (FRA:BUY) Business Description

Traded in Other Exchanges
Address
7601 Penn Avenue South, Richfield, MN, USA, 55423
With $46.3 billion in consolidated fiscal 2023 sales, Best Buy is the largest pure-play consumer electronics retailer in the U.S., boasting roughly 8.5% share of the U.S. market and north of 35% share of offline sales, per our calculations, CTA, and Euromonitor data. The firm generates the bulk of its sales in-store, with mobile phones and tablets, computers, and appliances representing its three largest categories. Recent investments in e-commerce fulfillment, accelerated by the COVID-19 pandemic, have seen the U.S. e-commerce channel roughly double from prepandemic levels, with management estimating that it will represent a mid-30% proportion of sales moving forward.

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