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GameStop (GameStop) Cyclically Adjusted Book per Share : $5.07 (As of Jan. 2024)


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What is GameStop Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

GameStop's adjusted book value per share for the three months ended in Jan. 2024 was $4.379. 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 $5.07 for the trailing ten years ended in Jan. 2024.

During the past 12 months, GameStop's average Cyclically Adjusted Book Growth Rate was -1.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of GameStop was 14.60% per year. The lowest was -1.70% per year. And the median was 7.55% per year.

As of today (2024-04-27), GameStop's current stock price is $11.90. GameStop's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $5.07. GameStop's Cyclically Adjusted PB Ratio of today is 2.35.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of GameStop was 16.55. The lowest was 0.14. And the median was 2.36.


GameStop Cyclically Adjusted Book per Share Historical Data

The historical data trend for GameStop's Cyclically Adjusted Book per Share 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.

GameStop Cyclically Adjusted Book per Share Chart

GameStop Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.14 4.83 5.04 5.14 5.07

GameStop Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted Book per Share 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 5.14 5.16 5.15 5.14 5.07

Competitive Comparison of GameStop's Cyclically Adjusted Book per Share

For the Specialty Retail subindustry, GameStop'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.


GameStop's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

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

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



GameStop Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, GameStop'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)
=4.379/129.4194*129.4194
=4.379

Current CPI (Jan. 2024) = 129.4194.

GameStop Quarterly Data

Book Value per Share CPI Adj_Book
201404 4.946 100.023 6.400
201407 4.835 100.520 6.225
201410 4.594 100.176 5.935
201501 4.800 98.604 6.300
201504 4.835 99.824 6.268
201507 4.644 100.691 5.969
201510 4.627 100.346 5.968
201601 5.036 99.957 6.520
201604 5.183 100.947 6.645
201607 5.171 101.524 6.592
201610 5.176 101.988 6.568
201701 5.579 102.456 7.047
201704 5.599 103.167 7.024
201707 5.705 103.278 7.149
201710 5.710 104.070 7.101
201801 5.465 104.578 6.763
201804 5.359 105.708 6.561
201807 5.162 106.324 6.283
201810 3.836 106.695 4.653
201901 3.275 106.200 3.991
201904 3.158 107.818 3.791
201907 2.237 108.250 2.674
201910 2.272 108.577 2.708
202001 2.378 108.841 2.828
202004 1.683 108.173 2.014
202007 1.351 109.318 1.599
202010 1.274 109.861 1.501
202101 1.672 110.364 1.961
202104 3.173 112.673 3.645
202107 6.100 115.183 6.854
202110 5.780 116.696 6.410
202201 5.278 118.619 5.759
202204 4.778 121.978 5.069
202207 4.419 125.002 4.575
202210 4.091 125.734 4.211
202301 4.341 126.223 4.451
202304 4.173 127.992 4.220
202307 4.152 128.974 4.166
202310 4.134 129.810 4.122
202401 4.379 129.419 4.379

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


GameStop  (NYSE:GME) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

GameStop's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.90/5.07
=2.35

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of GameStop was 16.55. The lowest was 0.14. And the median was 2.36.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


GameStop Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of GameStop's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


GameStop (GameStop) Business Description

Industry
Address
625 Westport Parkway, Grapevine, TX, USA, 76051
GameStop Corp is a U.S. multichannel video game, consumer electronics, and services retailer. The company operates across Europe, Canada, Australia, and the United States. GameStop sells new and second-hand video game hardware, physical and digital video game software, and video game accessories, mainly through GameStop, EB Games, and Micromania stores and international e-commerce sites, including www.gamestop.com, www.ebgames.com.au, and www.micromania.fr. The company has two main business segments: Video game brands and Technology brands. The technology brands segment sells wireless products and services and operates Spring Mobile managed AT&T and Cricket Wireless branded stores, along with the Simply Mac business.
Executives
Mark Haymond Robinson officer: General Manager 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Daniel William Moore officer: PAO and Interim PFO C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Lawrence Cheng director C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Alain Attal director C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Nir Vinay Patel officer: Chief Operating Officer C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Diana Saadeh-jajeh officer: SVP, Interim CFO C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Ryan Cohen director, 10 percent owner C/O OLSHAN FROME WOLOSKY LLP, 1325 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Rc Ventures Llc 10 percent owner PO BOX 25250, PMB 30427, MIAMI FL 33102
Michael Recupero officer: Chief Financial Officer C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
James Grube director C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Matthew Furlong director, officer: Chief Executive Officer C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPVINE TX 76051
Yang Xu director C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Jenna Owens officer: Chief Operating Officer C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Raul J Fernandez director 11600 SUNRISE VALLEY DR, RESTON VA 20191
Kathy P Vrabeck director 625 WESTPORT PARKWAY, GRAPEVINE TX 76051

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