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Strategic Education (Strategic Education) Cyclically Adjusted PB Ratio : 2.22 (As of May. 28, 2024)


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What is Strategic Education Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Strategic Education's current share price is $114.80. Strategic Education's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $51.67. Strategic Education's Cyclically Adjusted PB Ratio for today is 2.22.

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

STRA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.42   Med: 4.72   Max: 11.86
Current: 2.22

During the past years, Strategic Education's highest Cyclically Adjusted PB Ratio was 11.86. The lowest was 1.42. And the median was 4.72.

STRA's Cyclically Adjusted PB Ratio is ranked worse than
68.94% of 132 companies
in the Education industry
Industry Median: 1.245 vs STRA: 2.22

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.

Strategic Education's adjusted book value per share data for the three months ended in Mar. 2024 was $66.750. 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 $51.67 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Strategic Education Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Strategic 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.

Strategic Education Cyclically Adjusted PB Ratio Chart

Strategic Education 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 8.08 3.80 1.73 1.87 1.87

Strategic 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 2.04 1.47 1.57 1.87 2.02

Competitive Comparison of Strategic Education's Cyclically Adjusted PB Ratio

For the Education & Training Services subindustry, Strategic 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.


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

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

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



Strategic 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=114.80/51.67
=2.22

* 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.

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

For example, Strategic 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)
=66.75/131.7762*131.7762
=66.750

Current CPI (Mar. 2024) = 131.7762.

Strategic Education Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.415 100.560 8.406
201409 7.128 100.428 9.353
201412 8.505 99.070 11.313
201503 9.692 99.621 12.820
201506 10.941 100.684 14.320
201509 11.532 100.392 15.137
201512 12.955 99.792 17.107
201603 14.176 100.470 18.593
201606 15.042 101.688 19.493
201609 15.614 101.861 20.200
201612 16.981 101.863 21.968
201703 17.789 102.862 22.789
201706 18.733 103.349 23.886
201709 19.296 104.136 24.418
201712 18.733 104.011 23.734
201803 19.317 105.290 24.176
201806 19.797 106.317 24.538
201809 64.877 106.507 80.270
201812 65.547 105.998 81.488
201903 64.927 107.251 79.774
201906 65.511 108.070 79.882
201909 65.772 108.329 80.008
201912 66.593 108.420 80.939
202003 65.687 108.902 79.485
202006 66.803 108.767 80.935
202009 69.870 109.815 83.843
202012 71.597 109.897 85.851
202103 70.419 111.754 83.035
202106 70.394 114.631 80.922
202109 68.903 115.734 78.454
202112 69.697 117.630 78.079
202203 69.073 121.301 75.038
202206 67.050 125.017 70.675
202209 65.366 125.227 68.785
202212 67.033 125.222 70.542
202303 65.487 127.348 67.764
202306 65.341 128.729 66.888
202309 65.308 129.860 66.272
202312 67.707 129.419 68.940
202403 66.750 131.776 66.750

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.


Strategic Education  (NAS:STRA) 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.


Strategic Education Cyclically Adjusted PB Ratio Related Terms

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


Strategic Education (Strategic Education) Business Description

Traded in Other Exchanges
Address
2303 Dulles Station Boulevard, Herndon, VA, USA, 20171
Strategic Education Inc. is an education services company that provides access to high-quality education through campus-based and online post-secondary education offerings, as well as through programs to develop job-ready skills for high-demand markets. The company operates through wholly-owned subsidiaries Strayer University and Capella University, both accredited post-secondary institutions of higher education located in the United States, as well as Torrens University, an accredited post-secondary institution of higher education located in Australia. It provide employees with access to affordable and industry relevant training, certificate, and degree programs.
Executives
Viet D Dinh director GEORGETOWN UNIVERSITY LAW CENTER, 600 NEW JERSEY AVENUE NW, WASHINGTON DC 20001
Robert R Grusky director C/O STRAYER EDUCATION INC, 2303 DULLES STATION BOULEVARD, HERNDON VA 20171
Raymond Karl Mcdonnell officer: President and COO C/O STRAYER EDUCATION INC, 2303 DULLES STATION BOULEVARD, HERNDON VA 20171
Daniel Wayne Jackson officer: Vice President - Operations C/O STRAYER EDUCATION INC., 2303 DULLES STATION BOULEVARD, HERNDON VA 20171
Michael Thawley director C/O STRATEGIC EDUCATION, INC., 2303 DULLES STATION BOULEVARD, HERNDON VA 20171
Robert S Silberman director, officer: Chairman & CEO C/O STRAYER EDUCATION INC, 2303 DULLES STATION BOULEVARD, HERNDON VA 20171
Michael A. Mcrobbie director C/O STRATEGIC EDUCATION, INC., 2303 DULLES STATION BOULEVARD, HERNDON VA 20171
William J Slocum director C/O INCLUSIVE CAPITAL PARTNERS, L.P., 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Tal Darmon officer: Chief Accounting Officer 650 SOUTH EXETER STREET, BALTIMORE MD 21202
Jerry Lavell Johnson director 512 HERNDON PARKWAY, SUITE A, HERNDON VA 20170
Casteen John T Iii director 301 S. COLLEGE STREET, 30TH FLOOR, NC0630, CHARLOTTE NC 28288-0630
J Kevin Gilligan director, officer: Executive Vice Chairman P O BOX 1441, MINNEAPOLIS MN 55440-1441
Andrew E Watt officer: Chief Operating Officer 225 SOUTH SIXTH STREET, 9TH FLOOR, MINNEAPOLIS MN 55402
Lizette Benedi Herraiz officer: SVP and General Counsel 2303 DULLES STATION BOULEVARD, HERNDON VA 20171
Thomas J Aprahamian officer: Chief Accounting Officer 2303 DULLES STATION BOULEVARD, HERNDON VA 20171