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Stride (Stride) Cyclically Adjusted Book per Share : $19.48 (As of Mar. 2024)


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What is Stride 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.

Stride's adjusted book value per share for the three months ended in Mar. 2024 was $25.507. 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 $19.48 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Stride's average Cyclically Adjusted Book Growth Rate was 6.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.70% 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 Stride was 35.10% per year. The lowest was 7.80% per year. And the median was 9.20% per year.

As of today (2024-05-26), Stride's current stock price is $70.91. Stride's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $19.48. Stride's Cyclically Adjusted PB Ratio of today is 3.64.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Stride was 4.62. The lowest was 1.13. And the median was 2.01.


Stride Cyclically Adjusted Book per Share Historical Data

The historical data trend for Stride'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.

Stride Cyclically Adjusted Book per Share Chart

Stride Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.47 14.31 15.88 17.64 18.54

Stride Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 18.22 18.54 18.83 18.93 19.48

Competitive Comparison of Stride's Cyclically Adjusted Book per Share

For the Education & Training Services subindustry, Stride'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.


Stride's Cyclically Adjusted PB Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Stride's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Stride 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, Stride's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=25.507/131.7762*131.7762
=25.507

Current CPI (Mar. 2024) = 131.7762.

Stride Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.580 100.560 17.796
201409 13.004 100.428 17.063
201412 13.401 99.070 17.825
201503 13.928 99.621 18.424
201506 14.006 100.684 18.331
201509 13.455 100.392 17.661
201512 13.753 99.792 18.161
201603 14.125 100.470 18.526
201606 14.080 101.688 18.246
201609 13.372 101.861 17.299
201612 13.759 101.863 17.800
201703 14.103 102.862 18.067
201706 14.069 103.349 17.939
201709 13.714 104.136 17.354
201712 14.152 104.011 17.930
201803 14.563 105.290 18.226
201806 14.840 106.317 18.394
201809 14.307 106.507 17.701
201812 15.018 105.998 18.670
201903 15.538 107.251 19.091
201906 15.739 108.070 19.192
201909 15.253 108.329 18.554
201912 15.901 108.420 19.326
202003 16.234 108.902 19.644
202006 16.469 108.767 19.953
202009 17.310 109.815 20.772
202012 18.105 109.897 21.710
202103 18.939 111.754 22.332
202106 19.353 114.631 22.248
202109 17.232 115.734 19.621
202112 17.175 117.630 19.241
202203 18.251 121.301 19.827
202206 18.995 125.017 20.022
202209 18.276 125.227 19.232
202212 19.535 125.222 20.558
202303 20.895 127.348 21.622
202306 22.028 128.729 22.549
202309 22.112 129.860 22.438
202312 23.803 129.419 24.236
202403 25.507 131.776 25.507

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


Stride  (NYSE:LRN) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=70.91/19.48
=3.64

* 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 Stride was 4.62. The lowest was 1.13. And the median was 2.01.


Be Aware

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


Stride Cyclically Adjusted Book per Share Related Terms

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


Stride (Stride) Business Description

Industry
Traded in Other Exchanges
Address
11720 Plaza America, 9th Floor, Reston, VA, USA, 20190
Stride Inc is an American online educational company. The company offers alternative programs to traditional on-campus schooling. It also operates state-funded virtual charter schools around the United States. The educational programs for K-12 students are usually monitored by parents and provide virtual classroom environments where teachers meet with students online, by phone, or in-person. The company's contractual agreements with various school districts to offer its curriculum programs provide a majority of the company's revenue. The company lines of business are Managed Public School Programs, Institutional, and Private Pay Schools and Other.
Executives
Robert Cohen director 7900 HARKINS ROAD, LANHAM MD 20706
Eliza Mcfadden director 2300 CORPORATE PARK DRIVE, HERNDON VA 20171
Les Ottolenghi officer: Chief Info. & Tech. Officer ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109
Vincent Mathis officer: EVP, General Counsel 2300 CORPORATE PARK DRIVE, HERNDON VA 20171
James Jeaho Rhyu director, officer: Chief Executive Officer 2300 CORPORATE PARK DRIVE, HERNDON VA 20171
Donna Blackman officer: Chief Financial Officer 11720 PLAZA AMERICA DRIVE, 9TH FLOOR, RESTON VA 20190
Ralph R Smith director 1615 WEST CHESTER PIKE, STE 200, WEST CHESTER PA 19382-7956
Allison Lawrence director 11720 PLAZA AMERICA DRIVE, 9TH FLOOR, RESTON VA 20190
Joseph A Verbrugge director 1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Nathaniel A Davis director, officer: Chairman and CEO 1500 ECKINGTON PLACE NE, WASHINGTON DC 20002
Shaun Mcalmont officer: EVP, Career Technical Ed. C/O LINCOLN EDUCATIONAL SERVICES CORP., 200 EXECUTIVE DRIVE, SUITE 340, WEST ORANGE NJ 07052
Kevin Chavous director 2300 CORPORATE PARK DRIVE, HERNDON VA 20171
Timothy Medina officer: Chief Financial Officer 2300 CORPORATE PARK DRIVE, HERNDON VA 20171
Victoria D Harker director 4300 WILSON BOULEVARD, ARLINGTON VA 22203
Howard D. Polsky officer: General Counsel & Secretary 2300 CORPORATE PARK DRIVE, HERNDON VA 20171