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Scholastic (Scholastic) Cyclically Adjusted PB Ratio : 0.87 (As of Apr. 30, 2024)


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What is Scholastic Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Scholastic's current share price is $35.76. Scholastic's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was $41.09. Scholastic's Cyclically Adjusted PB Ratio for today is 0.87.

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

SCHL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.19   Max: 1.7
Current: 0.88

During the past years, Scholastic's highest Cyclically Adjusted PB Ratio was 1.70. The lowest was 0.58. And the median was 1.19.

SCHL's Cyclically Adjusted PB Ratio is ranked better than
59.75% of 636 companies
in the Media - Diversified industry
Industry Median: 1.11 vs SCHL: 0.88

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.

Scholastic's adjusted book value per share data for the three months ended in Feb. 2024 was $34.874. 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 $41.09 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Scholastic Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Scholastic'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.

Scholastic Cyclically Adjusted PB Ratio Chart

Scholastic Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 0.87 0.94 0.96 1.04

Scholastic Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1.13 1.04 1.06 0.92 0.96

Competitive Comparison of Scholastic's Cyclically Adjusted PB Ratio

For the Publishing subindustry, Scholastic'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.


Scholastic's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Scholastic's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Scholastic 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=35.76/41.09
=0.87

* 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.

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

For example, Scholastic's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=34.874/129.4194*129.4194
=34.874

Current CPI (Feb. 2024) = 129.4194.

Scholastic Quarterly Data

Book Value per Share CPI Adj_Book
201405 28.374 100.373 36.585
201408 27.279 100.352 35.180
201411 29.001 99.635 37.671
201502 28.004 99.032 36.597
201505 36.292 100.333 46.813
201508 34.602 100.548 44.538
201511 36.365 100.135 47.000
201602 35.915 100.040 46.463
201605 36.558 101.355 46.681
201608 35.308 101.617 44.968
201611 36.975 101.829 46.993
201702 36.438 102.779 45.883
201705 37.262 103.256 46.704
201708 35.499 103.587 44.352
201711 37.330 104.072 46.422
201802 36.494 105.052 44.959
201805 37.737 106.148 46.010
201808 34.466 106.383 41.929
201811 36.461 106.338 44.375
201902 36.041 106.649 43.736
201905 36.225 108.048 43.390
201908 34.441 108.245 41.178
201911 36.409 108.519 43.421
202002 34.954 109.139 41.449
202005 34.480 108.175 41.251
202008 33.506 109.662 39.543
202011 34.588 109.793 40.771
202102 34.240 110.968 39.933
202105 34.326 113.576 39.114
202108 33.371 115.421 37.418
202111 34.980 117.269 38.604
202202 34.393 119.703 37.185
202205 35.585 123.323 37.344
202208 33.855 124.958 35.064
202211 35.768 125.607 36.854
202302 34.749 126.928 35.431
202305 36.685 128.314 37.001
202308 34.002 129.538 33.971
202311 36.117 129.548 36.081
202402 34.874 129.419 34.874

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.


Scholastic  (NAS:SCHL) 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.


Scholastic Cyclically Adjusted PB Ratio Related Terms

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


Scholastic (Scholastic) Business Description

Traded in Other Exchanges
Address
557 Broadway, New York, NY, USA, 10012
Scholastic Corp is an American publishing and education media company that focuses on books and educational material for schools, teachers, parents, and children. The company is one of the world's largest publishers of children's books and also owns exclusive rights to various books, including Harry Potter and The Hunger Games. Some of the company's original titles include Clifford the Big Red Dog, Goosebumps, and The Magic School Bus. It has three reportable segments Children's Book Publishing and Distribution, Education Solutions and International. It majority of its revenue is from the Children's Book Publishing and Distribution segment.
Executives
John L Davies director C/O CORPORATE SECRETARY SCHOLASTIC CORP, 557 BROADWAY, NEW YORK NY 10012
Warwick Peter director C/O SCHOLASTIC INC., 557 BROADWAY, NEW YORK NY 10012
Sasha Quinton officer: President, Book Fairs C/O CORPORATE SECRETARY, SCHOLASTIC, 557 BROADWAY, NEW YORK NY 10012
Linda Li director C/O CORPORATE SECRETARY, SCHOLASTIC, 557 BROADWAY, NEW YORK NY 10012
Paul Hukkanen officer: Chief Accounting Officer C/O CORPORATE SECRETARY, SCHOLASTIC INC., 557 BROADWAY, NEW YORK NY 10012
Verdell Walker director C/O CORPORATE SECRETARY, SCHOLASTIC, 557 BROADWAY, NEW YORK NY 10019
Robert Louis Dumont director C/O SCHOLASTIC INC., 557 BROADWAY, NEW YORK NY 10012
Rose Else-mitchell officer: President, Education Solutions C/O HMH; 125 HIGH STREET, BOSTON MA 02110
Richard Robinson director, 10 percent owner, officer: CEO, Chairman and President C/O SCHOLASTIC CORP, 555 BROADWAY, NEW YORK NY 10012-3999
Andres A Alonso director C/O LEGAL DEPT.,SCHOLASTIC CORPORATION, 557 BROADWAY, NEW YORK NY 10012
Judith Newman officer: EVP, Pres., BK Clubs & E-Comm C/O CORPORATE SECRETARY, SCHOLASTIC CORPORATION, NEW YORK NY 10012
Andrews S Hedden director, officer: EVP, General Counsel C/O CORPORATE SECRETARY SCHOLASTIC CORP, 557 BROADWAY, NEW YORK NY 10012
Alan J Boyko officer: President, Schl Book Fairs C/O CORPORATE SECRETARY,SCHOLASTIC CORP, 557 BROADWAY, NEW YORK NY 10012
Mary Beech director C/O CORPORATE SECRETARY, SCHOLASTIC, 557 BROADWAY, NEW YORK NY 10012
Satbir Bedi officer: EVP, Chief Technology Officer C/O CORPORATE SECRETARY, SCHOLASTIC, 557 BROADWAY, NEW YORK NY 10012