Question 1

What is GameStop's P/FCF ratio?

Accepted Answer

GameStop (GME) P/FCF ratio is 17.3× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for GameStop?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For GameStop specifically, the relevant sector benchmark is the current sector median of 17.1×.

Question 5

Is GameStop's P/FCF ratio high or low?

Accepted Answer

GameStop's P/FCF ratio of 17.3× is below its own 5-year average of 40.7× and above the sector median of 17.1×. That places the current reading at the 7th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is GameStop's historical P/FCF ratio range?

Accepted Answer

In the available daily series, GameStop (GME) P/FCF ratio has ranged from a low of 0.8× in 2020 to a high of 230.3× in 2021. The 5-year average is 40.7× and the 5-year median is 24.4×.

Question 7

What was GameStop's P/FCF ratio in 2026?

Accepted Answer

GameStop (GME) P/FCF ratio at the end of 2026 was 17.9×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does GameStop's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2026	$10.7B	$597M	17.9×	-74.9×	Jan 31, 2026
2025	$12B	$130M	92.8×	—	Jan 31, 2025
2024	$4.35B	-$239M	—	—	Jan 31, 2024
2023	$6.66B	$52.3M	127.2×	—	Jan 31, 2023
2022	$8.27B	-$496M	—	—	Jan 31, 2022
2021	$14.7B	$63.7M	230.3×	—	Jan 31, 2021
2020	$326M	-$493M	—	—	Jan 31, 2020
2019	$1.16B	$231M	5.0×	-0.3×	Jan 31, 2019
2018	$1.71B	$322M	5.3×	-1.1×	Jan 31, 2018
2017	$2.51B	$394M	6.4×	+0.5×	Jan 31, 2017
2016	$2.81B	$484M	5.8×	-6.2×	Jan 31, 2016
2015	$3.86B	$321M	12.0×	+6.3×	Jan 31, 2015
2014	$4.09B	$721M	5.7×	-0.0×	Jan 31, 2014
2013	$2.81B	$493M	5.7×	-1.3×	Jan 31, 2013
2012	$3.2B	$460M	7.0×	-1.1×	Jan 31, 2012
2011	$3.18B	$394M	8.1×	+1.3×	Jan 31, 2011
2010	$3.27B	$480M	6.8×	-4.4×	Jan 31, 2010
2009	$4.06B	$362M	11.2×	-14.8×	Jan 31, 2009
2008	$8.3B	$319M	26.0×	+12.1×	Jan 31, 2008
2007	$4.06B	$292M	13.9×	-3.4×	Jan 31, 2007
2006	$3.12B	$181M	17.3×	-4.5×	Jan 31, 2006
2005	$1.04B	$47.7M	21.8×	-114.7×	Jan 31, 2005
2004	$927M	$6.79M	136.5×	+127.4×	Jan 31, 2004
2003	$483M	$53.3M	9.1×	—	Jan 31, 2003


DraftKings (DKNG)	15.5×
Avery Dennison (AVY)	15.2×
Wynn Resorts (WYNN)	15.1×
NVR (NVR)	14.9×
Booking Holdings (BKNG)	14.7×
D.R. Horton (DHI)	14.2×
V.F. (VFC)	12.6×
Deckers Outdoor (DECK)	12.0×
Carnival Corporation (CCL)	11.9×
Lululemon Athletica (LULU)	11.6×
Toll Brothers (TOL)	11.1×
Hasbro (HAS)	9.8×
PDD Holdings (PDD)	9.5×
LKQ (LKQ)	9.3×
KB Home (KBH)	8.8×
Mohawk Industries (MHK)	8.4×
MercadoLibre (MELI)	8.2×
Best Buy Co. (BBY)	7.9×
Etsy (ETSY)	7.2×
Leggett & Platt (LEG)	6.6×
Weyco Group (WEYS)	6.2×
Expedia Group (EXPE)	6.0×
MGM Resorts (MGM)	5.5×
Ford Motor (F)	4.8×
General Motors (GM)	4.3×

P/FCF Ratio for GameStop (GME) 2003-2026

P/FCF Ratio daily chart for GameStop (GME)

Historical P/FCF Ratio for GameStop (GME) from 2003 to 2026

About P/FCF Ratio at GameStop (GME)

GameStop P/FCF Ratio by Year

GameStop P/FCF Ratio 2026: 17.9×

GameStop P/FCF Ratio 2025: 92.8×

GameStop P/FCF Ratio 2023: 127.2×

GameStop P/FCF Ratio 2021: 230.3×

GameStop P/FCF Ratio 2019: 5.0×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

GameStop (GME) Key Financials