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GameStop (GameStop) Cyclically Adjusted PB Ratio : 2.35 (As of Apr. 27, 2024)


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What is GameStop Cyclically Adjusted PB Ratio?

As of today (2024-04-27), GameStop's current share 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 for today is 2.35.

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

GME' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.14   Med: 2.36   Max: 16.55
Current: 2.35

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

GME's Cyclically Adjusted PB Ratio is ranked worse than
70.57% of 717 companies
in the Retail - Cyclical industry
Industry Median: 1.16 vs GME: 2.35

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


GameStop Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GameStop'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.

GameStop Cyclically Adjusted PB Ratio Chart

GameStop 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 0.19 16.84 5.41 4.25 2.81

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 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 4.25 3.74 4.31 2.68 2.81

Competitive Comparison of GameStop's Cyclically Adjusted PB Ratio

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 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.

GameStop's Cyclically Adjusted PB Ratio for 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.

GameStop's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

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.

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.


GameStop  (NYSE:GME) 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.


GameStop Cyclically Adjusted PB Ratio Related Terms

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


GameStop (GameStop) Business Description

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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