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Graham Holdings Co (Graham Holdings Co) Cyclically Adjusted PS Ratio : 1.07 (As of May. 21, 2024)


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What is Graham Holdings Co Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Graham Holdings Co's current share price is $750.58. Graham Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $704.34. Graham Holdings Co's Cyclically Adjusted PS Ratio for today is 1.07.

The historical rank and industry rank for Graham Holdings Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

GHC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.59   Med: 1.07   Max: 1.46
Current: 1.08

During the past years, Graham Holdings Co's highest Cyclically Adjusted PS Ratio was 1.46. The lowest was 0.59. And the median was 1.07.

GHC's Cyclically Adjusted PS Ratio is ranked better than
50.7% of 142 companies
in the Education industry
Industry Median: 1.095 vs GHC: 1.08

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Graham Holdings Co's adjusted revenue per share data for the three months ended in Mar. 2024 was $258.618. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $704.34 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Graham Holdings Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Graham Holdings Co's Cyclically Adjusted PS 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.

Graham Holdings Co Cyclically Adjusted PS Ratio Chart

Graham Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.26 1.04 1.13 0.99 1.02

Graham Holdings Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS 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 0.95 0.89 0.89 1.02 1.09

Competitive Comparison of Graham Holdings Co's Cyclically Adjusted PS Ratio

For the Education & Training Services subindustry, Graham Holdings Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Graham Holdings Co's Cyclically Adjusted PS Ratio Distribution in the Education Industry

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

* The bar in red indicates where Graham Holdings Co's Cyclically Adjusted PS Ratio falls into.



Graham Holdings Co Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Graham Holdings Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=750.58/704.34
=1.07

* 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.

Graham Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Graham Holdings Co's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=258.618/131.7762*131.7762
=258.618

Current CPI (Mar. 2024) = 131.7762.

Graham Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 118.757 100.560 155.623
201409 122.148 100.428 160.276
201412 126.170 99.070 167.823
201503 111.798 99.621 147.883
201506 117.294 100.684 153.516
201509 109.891 100.392 144.245
201512 107.288 99.792 141.674
201603 106.465 100.470 139.639
201606 112.833 101.688 146.219
201609 111.525 101.861 144.278
201612 113.315 101.863 146.592
201703 104.636 102.862 134.049
201706 121.228 103.349 154.573
201709 118.334 104.136 149.743
201712 122.720 104.011 155.479
201803 120.489 105.290 150.799
201806 125.453 106.317 155.495
201809 126.432 106.507 156.429
201812 129.772 105.998 161.332
201903 129.966 107.251 159.686
201906 138.413 108.070 168.776
201909 138.641 108.329 168.648
201912 143.403 108.420 174.295
202003 138.843 108.902 168.007
202006 125.528 108.767 152.082
202009 141.361 109.815 169.631
202012 158.034 109.897 189.497
202103 143.149 111.754 168.795
202106 160.713 114.631 184.750
202109 162.635 115.734 185.178
202112 175.392 117.630 196.486
202203 187.251 121.301 203.421
202206 192.751 125.017 203.173
202209 210.049 125.227 221.035
202212 222.368 125.222 234.007
202303 215.985 127.348 223.496
202306 234.458 128.729 240.009
202309 241.530 129.860 245.095
202312 258.373 129.419 263.078
202403 258.618 131.776 258.618

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


Graham Holdings Co  (NYSE:GHC) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Graham Holdings Co Cyclically Adjusted PS Ratio Related Terms

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


Graham Holdings Co (Graham Holdings Co) Business Description

Traded in Other Exchanges
Address
1300 North 17th Street, 17th Floor, Arlington, VA, USA, 22209
Graham Holdings Co. is a diversified education and media company made up of subsidiaries. Firm operations include educational services; television broadcasting; online, print, and local news; home health and hospice care; and manufacturing. The Company segments into the following seven reportable segments: Kaplan International, Higher Education, Supplemental Education, Television Broadcasting, Manufacturing, Healthcare, and Automotive. The majority of revenue comes from the Kaplan International segment, which includes higher education, test preparation, language instruction, and professional training. A large portion of company revenue also comes from the television broadcasting segment through advertising.
Executives
Thomas Sinnickson Gayner director C/O MARKEL CORP, 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Tony Allen director C/O GRAHAM HOLDINGS 1300 NORTH 17TH ST., SUITE 1700, ARLINGTON VA 22209
Timothy J O'shaughnessy director, officer: President and CEO C/O GRAHAM HOLDINGS COMPANY, 1300 NORTH 17TH STREET, SUITE 1700, ARLINGTON VA 22209
Marcel A. Snyman officer: VP & Chief Accounting Officer C/O GRAHAM HOLDINGS 1300 NORTH 17TH ST., SUITE 1700, ARLINGTON VA 22209
Danielle Y. Conley director C/O GRAHAM HOLDINGS 1300 NORTH 17TH ST., SUITE 1700, ARLINGTON VA 22209
Christopher C Davis director C/O GRAHAM HOLDINGS COMPANY, 1300 NORTH 17TH STREET, SUITE 1700, ARLINGTON VA 22209
Sandra M. Stonesifer officer: VP, Chief HR Officer C/O GRAHAM HOLDINGS 1300 NORTH 17TH ST., SUITE 1700, ARLINGTON VA 22209
Jack A. Markell director C/O GRAHAM HOLDINGS 1300 NORTH 17TH ST., SUITE 1700, ARLINGTON VA 22209
Andrew Stephen Rosen officer: Executive Vice President C/O GRAHAM HOLDINGS 1300 NORTH 17TH ST, SUITE 1700, ARLINGTON VA 22209
Lee C Bollinger director 535 WEST 116TH STREET, LOW LIBRARY, ROOM 202, NEW YORK NY 10027
Katharine Weymouth director 1300 NORTH 17TH STREET, SUITE 1700, ARLINGTON VA 22209
Anne M Mulcahy director C/O GRAHAM HOLDINGS 1300 NORTH 17TH ST, SUITE 1700, ARLINGTON VA 22209
Jacob Maas, officer: Sr. VP-Planning and Dev. C/O GRAHAM HOLDINGS COMPANY, 1300 NORTH 17TH STREET, SUITE 1700, ARLINGTON VA 22209
Denise M Demeter officer: VP and Chief HR Officer 1300 17TH STREET NORTH, SUITE 1700, ROSSLYN VA 22209
Donald Graham director, 10 percent owner, officer: CEO and COB C/O GRAHAM HOLDINGS COMPANY, 1300 NORTH 17TH STREET, SUITE 1700, ARLINGTON VA 22209