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Adtalem Global Education (Adtalem Global Education) Cyclically Adjusted PB Ratio : 2.03 (As of May. 27, 2024)


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What is Adtalem Global Education Cyclically Adjusted PB Ratio?

As of today (2024-05-27), Adtalem Global Education's current share price is $65.54. Adtalem Global Education's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $32.29. Adtalem Global Education's Cyclically Adjusted PB Ratio for today is 2.03.

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

ATGE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.58   Max: 3.04
Current: 2.03

During the past years, Adtalem Global Education's highest Cyclically Adjusted PB Ratio was 3.04. The lowest was 0.75. And the median was 1.58.

ATGE's Cyclically Adjusted PB Ratio is ranked worse than
65.91% of 132 companies
in the Education industry
Industry Median: 1.245 vs ATGE: 2.03

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.

Adtalem Global Education's adjusted book value per share data for the three months ended in Mar. 2024 was $34.978. 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 $32.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Adtalem Global Education Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Adtalem Global Education'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.

Adtalem Global Education Cyclically Adjusted PB Ratio Chart

Adtalem Global Education Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.84 1.23 1.32 1.21 1.10

Adtalem Global Education Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.26 1.10 1.36 1.86 1.59

Competitive Comparison of Adtalem Global Education's Cyclically Adjusted PB Ratio

For the Education & Training Services subindustry, Adtalem Global Education'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.


Adtalem Global Education's Cyclically Adjusted PB Ratio Distribution in the Education Industry

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

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



Adtalem Global Education 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.

Adtalem Global Education's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=65.54/32.29
=2.03

* 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.

Adtalem Global Education's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Adtalem Global Education'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)
=34.978/131.7762*131.7762
=34.978

Current CPI (Mar. 2024) = 131.7762.

Adtalem Global Education Quarterly Data

Book Value per Share CPI Adj_Book
201406 24.101 100.560 31.583
201409 24.108 100.428 31.633
201412 24.371 99.070 32.417
201503 24.567 99.621 32.497
201506 24.909 100.684 32.601
201509 24.277 100.392 31.867
201512 23.179 99.792 30.608
201603 24.733 100.470 32.440
201606 25.294 101.688 32.778
201609 25.534 101.861 33.033
201612 25.566 101.863 33.074
201703 26.419 102.862 33.845
201706 26.760 103.349 34.121
201709 27.095 104.136 34.287
201712 25.209 104.011 31.938
201803 25.813 105.290 32.307
201806 25.367 106.317 31.442
201809 24.358 106.507 30.137
201812 24.559 105.998 30.532
201903 24.662 107.251 30.302
201906 25.162 108.070 30.682
201909 24.286 108.329 29.542
201912 24.454 108.420 29.722
202003 24.991 108.902 30.240
202006 25.263 108.767 30.607
202009 25.552 109.815 30.662
202012 25.948 109.897 31.114
202103 26.282 111.754 30.991
202106 26.416 114.631 30.367
202109 25.429 115.734 28.954
202112 25.863 117.630 28.973
202203 33.039 121.301 35.892
202206 33.012 125.017 34.797
202209 33.264 125.227 35.004
202212 33.508 125.222 35.262
202303 34.147 127.348 35.334
202306 34.444 128.729 35.259
202309 34.124 129.860 34.628
202312 34.646 129.419 35.277
202403 34.978 131.776 34.978

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.


Adtalem Global Education  (NYSE:ATGE) 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.


Adtalem Global Education Cyclically Adjusted PB Ratio Related Terms

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


Adtalem Global Education (Adtalem Global Education) Business Description

Traded in Other Exchanges
Address
500 West Monroe Street, Suite 28, Chicago, IL, USA, 60661
Adtalem Global Education Inc is an American for-profit educational company that operates various university and educational programs. The company runs eight colleges and universities that specialize in business, medicine, education, and nursing degree programs. DeVry Education Group has over 90 campuses as well as online courses that offer associate, bachelor, and postgraduate degrees. Enrollment in its business colleges represents almost half of overall student enrollment, followed by technology and healthcare. The company derives the majority of its revenue from student enrollment fees using federal financial aid programs such as Pell Fund grants.
Executives
Maurice Herrera officer: Chief Marketing Officer 500 W. MONROE, 28TH FLOOR, CHICAGO IL 60661
Blake Simpson officer: SVP, Chief Comms Officer 500 W. MONROE, SUITE 1300, CHICAGO IL 60661
Lisa W Wardell director 5900 RYLAND DRIVE, BETHESDA MD 20817
Manjunath Gangadharan officer: VP, Chief Accounting Officer 600 WEST CHICAGO AVE., STE 400, CHICAGO IL 60654
William W Burke director 3868 MOCKINGBIRD LN, DALLAS TX 75205
Lyle Logan director ONE TOWER LANE, OAKBROOK TERRACE IL 60181
Evan Trent officer: SVP, Chief Strat. & Transform 500 W. MONROE, 28TH FLOOR, CHICAGO IL 60661
William V Krehbiel director 500 W. MONROE, CHICAGO IL 60661
James Raymond Bartholomew officer: President, DeVry University 2449 MARCY AVENUE, EVANSTON IL 60201
Michael Betz officer: President, Walden University 500 W. MONROE, 28TH FLOOR, CHICAGO IL 60661
Cheryl James officer: SVP, CHRO 500 W. MONROE, 28TH FLOOR, CHICAGO IL 60661
Sharon O'keefe director C/O VOCERA COMMUNICATIONS, INC., 525 RACE STREET, SAN JOSE CA 95126
Michael W Malafronte director INTERNATIONAL VALUE ADVISERS, LLC, 717 FIFTH AVE, 10TH FLOOR, NEW YORK NY 10022
Georgette D. Kiser director 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Kenneth J Phelan director HUNTINGTON BANCSHARES INCORPORATED, 41 S. HIGH STREET, COLUMBUS OH 43215