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2U (FRA:2U1) Cyclically Adjusted PB Ratio : 0.03 (As of Jun. 01, 2024)


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What is 2U Cyclically Adjusted PB Ratio?

As of today (2024-06-01), 2U's current share price is €0.2375. 2U's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €8.06. 2U's Cyclically Adjusted PB Ratio for today is 0.03.

The historical rank and industry rank for 2U's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:2U1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.5   Max: 1.6
Current: 0.03

During the past years, 2U's highest Cyclically Adjusted PB Ratio was 1.60. The lowest was 0.03. And the median was 0.50.

FRA:2U1's Cyclically Adjusted PB Ratio is ranked better than
99.25% of 134 companies
in the Education industry
Industry Median: 1.245 vs FRA:2U1: 0.03

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.

2U's adjusted book value per share data for the three months ended in Mar. 2024 was €1.854. 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 €8.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


2U Cyclically Adjusted PB Ratio Historical Data

The historical data trend for 2U'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.

2U Cyclically Adjusted PB Ratio Chart

2U 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 - - - 0.78 0.15

2U 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 0.85 0.50 0.31 0.15 0.04

Competitive Comparison of 2U's Cyclically Adjusted PB Ratio

For the Education & Training Services subindustry, 2U'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.


2U's Cyclically Adjusted PB Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, 2U's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where 2U's Cyclically Adjusted PB Ratio falls into.



2U 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.

2U's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.2375/8.06
=0.03

* 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.

2U's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, 2U'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)
=1.854/131.7762*131.7762
=1.854

Current CPI (Mar. 2024) = 131.7762.

2U Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.715 100.560 2.247
201409 1.710 100.428 2.244
201412 1.752 99.070 2.330
201503 1.914 99.621 2.532
201506 1.731 100.684 2.266
201509 3.815 100.392 5.008
201512 3.926 99.792 5.184
201603 3.817 100.470 5.006
201606 3.688 101.688 4.779
201609 3.649 101.861 4.721
201612 3.925 101.863 5.078
201703 3.866 102.862 4.953
201706 3.553 103.349 4.530
201709 5.946 104.136 7.524
201712 6.242 104.011 7.908
201803 5.921 105.290 7.410
201806 10.357 106.317 12.837
201809 10.244 106.507 12.674
201812 10.690 105.998 13.290
201903 10.564 107.251 12.980
201906 12.051 108.070 14.695
201909 10.501 108.329 12.774
201912 10.070 108.420 12.239
202003 9.324 108.902 11.283
202006 9.382 108.767 11.367
202009 11.332 109.815 13.598
202012 10.676 109.897 12.801
202103 10.330 111.754 12.181
202106 10.220 114.631 11.749
202109 10.001 115.734 11.387
202112 9.687 117.630 10.852
202203 7.743 121.301 8.412
202206 7.420 125.017 7.821
202209 6.408 125.227 6.743
202212 6.044 125.222 6.360
202303 5.393 127.348 5.581
202306 3.346 128.729 3.425
202309 2.944 129.860 2.987
202312 2.442 129.419 2.486
202403 1.854 131.776 1.854

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.


2U  (FRA:2U1) 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.


2U Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of 2U's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


2U (FRA:2U1) Business Description

Industry
Traded in Other Exchanges
Address
7900 Harkins Road, Lanham, MD, USA, 20706
2U Inc provides educational technology services for nonprofit colleges and universities. It builds, delivers, and monitors educational platforms that enable online delivery of degree programs and alternative credentials such as short technical courses. The company provides cloud-based software-as-a-service platform and various technology-enabled services such as learning technology, live class application monitoring, content development, marketing, among others that help its clients to reach students globally. It is organized in two reportable business segments: Degree Program segment and Alternative Credential segment. The vast majority of revenue comes from the company's Degree Program segment, and most of the company's revenue is earned in the United States.

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