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Corinthian Colleges (FRA:CH7) Cyclically Adjusted PS Ratio : (As of Jun. 14, 2024)


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What is Corinthian Colleges Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Corinthian Colleges Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Corinthian Colleges'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.

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Corinthian Colleges Cyclically Adjusted PS Ratio Chart

Corinthian Colleges Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Cyclically Adjusted PS Ratio
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Corinthian Colleges Semi-Annual Data
Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
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Competitive Comparison of Corinthian Colleges's Cyclically Adjusted PS Ratio

For the Education & Training Services subindustry, Corinthian Colleges'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.


Corinthian Colleges's Cyclically Adjusted PS Ratio Distribution in the Education Industry

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

* The bar in red indicates where Corinthian Colleges's Cyclically Adjusted PS Ratio falls into.



Corinthian Colleges 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.

Corinthian Colleges's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun13 is calculated as:

For example, Corinthian Colleges's adjusted Revenue per Share data for the fiscal year that ended in Jun13 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun13 (Change)*Current CPI (Jun13)
=13.963/98.5178*98.5178
=13.963

Current CPI (Jun13) = 98.5178.

Corinthian Colleges Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200406 7.041 80.037 8.667
200506 8.549 82.062 10.263
200606 8.488 85.606 9.768
200706 7.982 87.906 8.946
200806 7.989 92.320 8.525
200906 10.670 91.003 11.551
201006 16.265 91.962 17.425
201106 15.189 95.235 15.713
201206 14.951 96.819 15.213
201306 13.963 98.518 13.963

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.


Corinthian Colleges  (FRA:CH7) 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.


Corinthian Colleges Cyclically Adjusted PS Ratio Related Terms

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


Corinthian Colleges (FRA:CH7) Business Description

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Corinthian Colleges Inc is a post-secondary education company in the United States and Canada. It offers diploma programs and associate, bachelors and master's degrees through a single operating segment. As of June 30, 2013, it has a student enrollment of 81,284 and operated 97 schools in 25 states, and 14 schools in the province of Ontario, Canada. The Company has acquired 76 colleges including the Heald acquisition and has opened 35 branch campuses. Its training program areas include healthcare, criminal justice, business, mechanical, trades, and information technology. The Company's diploma programs provide students with the requisite knowledge and job skills for entry-level positions in their chosen career.Key elements of its operating strategy includes emphasize Student Outcomes, create an Effective Learning Environment, focus on Attractive Markets, manage School and Program Performance, Standardize Key Business Processes and Centralize Key Functions.

Corinthian Colleges (FRA:CH7) Headlines

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