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EDU Holdings (ASX:EDU) Cyclically Adjusted PB Ratio : (As of Jun. 08, 2024)


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What is EDU Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


EDU Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for EDU Holdings'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.

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EDU Holdings Cyclically Adjusted PB Ratio Chart

EDU Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 - - - -

EDU Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - - -

Competitive Comparison of EDU Holdings's Cyclically Adjusted PB Ratio

For the Education & Training Services subindustry, EDU Holdings'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.


EDU Holdings's Cyclically Adjusted PB Ratio Distribution in the Education Industry

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

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



EDU Holdings 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.

EDU Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, EDU Holdings's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.063/126.3989*126.3989
=0.063

Current CPI (Dec23) = 126.3989.

EDU Holdings Annual Data

Book Value per Share CPI Adj_Book
201406 -3.750 98.352 -4.819
201506 0.055 99.838 0.070
201606 0.063 100.859 0.079
201706 0.090 102.809 0.111
201806 0.117 104.945 0.141
201906 0.132 106.617 0.156
202006 0.097 106.246 0.115
202106 0.093 110.332 0.107
202212 0.080 121.477 0.083
202312 0.063 126.399 0.063

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.


EDU Holdings  (ASX:EDU) 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.


EDU Holdings Cyclically Adjusted PB Ratio Related Terms

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EDU Holdings (ASX:EDU) Business Description

Traded in Other Exchanges
N/A
Address
65 York Street, Level 1, Sydney, NSW, AUS, 2000
EDU Holdings Ltd is engaged in the provision of education services. The company offers accredited vocational education to the student market in the areas of fitness, sport and recreation management, massage therapy, and dance teaching. EDU currently has two wholly-owned operating businesses: Australian Learning Group Pty Limited and Proteus Technologies Pty Ltd trading as Ikon Institute of Australia. The business operates from campuses in Sydney, Melbourne, Brisbane and Perth.