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Best Buy Co (XSWX:BBY) Cyclically Adjusted PB Ratio : (As of May. 29, 2024)


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What is Best Buy Co Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

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
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 5.59 4.62 5.12 4.10 4.44

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 Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Best Buy Co's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=9.79/130.1244*130.1244
=9.790

Current CPI (Jan. 2024) = 130.1244.

Best Buy Co Quarterly Data

Book Value per Share CPI Adj_Book
201404 11.191 100.023 14.559
201407 11.625 100.520 15.049
201410 12.424 100.176 16.138
201501 13.420 98.604 17.710
201504 13.223 99.824 17.237
201507 12.818 100.691 16.565
201510 13.062 100.346 16.938
201601 13.632 99.957 17.746
201604 13.161 100.947 16.965
201607 13.393 101.524 17.166
201610 13.445 101.988 17.154
201701 15.250 102.456 19.368
201704 14.716 103.167 18.561
201707 13.916 103.278 17.533
201710 13.776 104.070 17.225
201801 12.258 104.578 15.252
201804 11.790 105.708 14.513
201807 11.483 106.324 14.053
201810 11.007 106.695 13.424
201901 12.314 106.200 15.088
201904 12.624 107.818 15.236
201907 12.114 108.250 14.562
201910 11.582 108.577 13.880
202001 12.593 108.841 15.056
202004 12.347 108.173 14.853
202007 13.152 109.318 15.655
202010 13.915 109.861 16.482
202101 15.178 110.364 17.896
202104 14.306 112.673 16.522
202107 14.844 115.183 16.770
202110 14.733 116.696 16.428
202201 10.360 118.619 11.365
202204 9.760 121.978 10.412
202207 10.472 125.002 10.901
202210 11.114 125.734 11.502
202301 9.641 126.223 9.939
202304 9.367 127.992 9.523
202307 9.230 128.974 9.312
202310 9.483 129.810 9.506
202401 9.790 130.124 9.790

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  (XSWX:BBY) 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 (XSWX:BBY) 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.

Best Buy Co (XSWX:BBY) Headlines

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