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Zee Learn (BOM:533287) Cyclically Adjusted PB Ratio : 0.57 (As of Jun. 07, 2024)


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What is Zee Learn Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Zee Learn's current share price is ₹7.40. Zee Learn's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹12.90. Zee Learn's Cyclically Adjusted PB Ratio for today is 0.57.

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

BOM:533287' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.49   Max: 0.56
Current: 0.56

During the past years, Zee Learn's highest Cyclically Adjusted PB Ratio was 0.56. The lowest was 0.46. And the median was 0.49.

BOM:533287's Cyclically Adjusted PB Ratio is ranked better than
74.65% of 142 companies
in the Education industry
Industry Median: 1.175 vs BOM:533287: 0.56

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.

Zee Learn's adjusted book value per share data for the three months ended in Mar. 2024 was ₹5.601. 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 ₹12.90 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zee Learn Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Zee Learn'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.

Zee Learn Cyclically Adjusted PB Ratio Chart

Zee Learn Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.47

Zee Learn 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 - - - - 0.47

Competitive Comparison of Zee Learn's Cyclically Adjusted PB Ratio

For the Education & Training Services subindustry, Zee Learn'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.


Zee Learn's Cyclically Adjusted PB Ratio Distribution in the Education Industry

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

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



Zee Learn 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.

Zee Learn's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.40/12.9
=0.57

* 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.

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

For example, Zee Learn'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)
=5.601/153.0345*153.0345
=5.601

Current CPI (Mar. 2024) = 153.0345.

Zee Learn Quarterly Data

Book Value per Share CPI Adj_Book
201203 5.337 76.889 10.622
201206 0.000 79.567 0.000
201209 10.231 82.244 19.037
201212 0.000 83.774 0.000
201303 4.547 85.687 8.121
201403 6.987 91.425 11.695
201503 7.308 97.163 11.510
201603 7.805 102.518 11.651
201606 0.000 105.961 0.000
201609 0.000 105.961 0.000
201612 0.000 105.196 0.000
201703 9.066 105.196 13.189
201706 0.000 107.109 0.000
201709 9.912 109.021 13.914
201712 0.000 109.404 0.000
201803 10.844 109.786 15.116
201806 0.000 111.317 0.000
201809 11.959 115.142 15.895
201812 0.000 115.142 0.000
201903 13.222 118.202 17.118
201906 0.000 120.880 0.000
201909 14.540 123.175 18.065
201912 0.000 126.235 0.000
202003 14.437 124.705 17.717
202006 0.000 127.000 0.000
202009 14.664 130.118 17.247
202012 0.000 130.889 0.000
202103 14.237 131.771 16.534
202106 0.000 134.084 0.000
202109 14.319 135.847 16.131
202112 0.000 138.161 0.000
202203 14.185 138.822 15.637
202206 0.000 142.347 0.000
202209 14.268 144.661 15.094
202212 0.000 145.763 0.000
202303 0.590 146.865 0.615
202306 0.000 150.280 0.000
202309 0.363 151.492 0.367
202312 0.000 152.924 0.000
202403 5.601 153.035 5.601

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.


Zee Learn  (BOM:533287) 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.


Zee Learn Cyclically Adjusted PB Ratio Related Terms

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


Zee Learn (BOM:533287) Business Description

Traded in Other Exchanges
Address
135, Dr. Annie Besant Road, Continental Building, Worli, Mumbai, MH, IND, 400 018
Zee Learn Ltd is engaged in the provision of educational services in India. The firm delivers learning solutions and training through its multiple products Kidzee, Mount Litera Zee Schools, Mount Litera World Preschool, Zee Institute of Media Arts (ZIMA), Zee Institute of Creative Arts (ZICA) and E-Learning Online Education and Testing. It operates through the Educational, Construction and Leasing for education and Training Manpower and related activities. The Educational segment provides learning solutions and delivers training. The Construction and Leasing segment consists of constructing and leasing properties for commercial use. The firm generates maximum revenue from its Educational segment.

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