GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » CognaEducacao SA (BSP:COGN3) » Definitions » Cyclically Adjusted PB Ratio

CognaEducacao (BSP:COGN3) Cyclically Adjusted PB Ratio : 0.18 (As of Jun. 02, 2024)


View and export this data going back to 2007. Start your Free Trial

What is CognaEducacao Cyclically Adjusted PB Ratio?

As of today (2024-06-02), CognaEducacao's current share price is R$1.86. CognaEducacao's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$10.25. CognaEducacao's Cyclically Adjusted PB Ratio for today is 0.18.

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

BSP:COGN3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.47   Max: 1.92
Current: 0.18

During the past years, CognaEducacao's highest Cyclically Adjusted PB Ratio was 1.92. The lowest was 0.18. And the median was 0.47.

BSP:COGN3's Cyclically Adjusted PB Ratio is ranked better than
91.79% of 134 companies
in the Education industry
Industry Median: 1.245 vs BSP:COGN3: 0.18

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.

CognaEducacao's adjusted book value per share data for the three months ended in Mar. 2024 was R$6.223. 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 R$10.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CognaEducacao Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CognaEducacao'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.

CognaEducacao Cyclically Adjusted PB Ratio Chart

CognaEducacao Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.52 0.57 0.28 0.23 0.35

CognaEducacao 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 0.19 0.33 0.27 0.35 0.23

Competitive Comparison of CognaEducacao's Cyclically Adjusted PB Ratio

For the Education & Training Services subindustry, CognaEducacao'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.


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

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

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



CognaEducacao 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.

CognaEducacao's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.86/10.25
=0.18

* 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.

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

For example, CognaEducacao'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)
=6.223/159.3724*159.3724
=6.223

Current CPI (Mar. 2024) = 159.3724.

CognaEducacao Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.391 91.838 4.149
201409 6.469 92.602 11.134
201412 7.060 94.194 11.945
201503 7.050 97.799 11.489
201506 7.056 100.006 11.245
201509 7.051 101.392 11.083
201512 7.716 104.247 11.796
201603 7.718 106.979 11.498
201606 7.726 108.851 11.312
201609 7.729 109.986 11.199
201612 8.529 110.802 12.268
201703 8.535 111.869 12.159
201706 8.537 112.115 12.135
201709 8.540 112.777 12.068
201712 9.271 114.068 12.953
201803 9.563 114.868 13.268
201806 9.082 117.038 12.367
201809 8.975 117.881 12.134
201812 9.759 118.340 13.143
201903 9.856 120.124 13.076
201906 9.819 120.977 12.935
201909 9.764 121.292 12.829
201912 9.683 123.436 12.502
202003 9.792 124.092 12.576
202006 9.549 123.557 12.317
202009 9.198 125.095 11.718
202012 7.068 129.012 8.731
202103 7.023 131.660 8.501
202106 6.980 133.871 8.310
202109 6.767 137.913 7.820
202112 6.792 141.992 7.623
202203 6.797 146.537 7.392
202206 7.280 149.784 7.746
202209 6.609 147.800 7.126
202212 6.495 150.207 6.891
202303 6.543 153.352 6.800
202306 6.508 154.519 6.712
202309 6.455 155.464 6.617
202312 6.232 157.148 6.320
202403 6.223 159.372 6.223

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.


CognaEducacao  (BSP:COGN3) 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.


CognaEducacao Cyclically Adjusted PB Ratio Related Terms

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


CognaEducacao (BSP:COGN3) Business Description

Traded in Other Exchanges
Address
Rua Santa Madalena Sofia, 25, Belo Horizonte, MG, BRA, 30380650
CognaEducacao SA is one of the largest private educational organizations in Brazil and around the world. The company's segment includes Kroton; Vasta and Saber. It generates maximum revenue from the Kroton segment.

CognaEducacao (BSP:COGN3) Headlines

No Headlines