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Universal Technical Institute (Universal Technical Institute) Cyclically Adjusted PB Ratio : 2.42 (As of May. 15, 2024)


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What is Universal Technical Institute Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Universal Technical Institute's current share price is $15.31. Universal Technical Institute's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $6.33. Universal Technical Institute's Cyclically Adjusted PB Ratio for today is 2.42.

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

UTI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 1.06   Max: 3.2
Current: 2.36

During the past years, Universal Technical Institute's highest Cyclically Adjusted PB Ratio was 3.20. The lowest was 0.28. And the median was 1.06.

UTI's Cyclically Adjusted PB Ratio is ranked worse than
70.77% of 130 companies
in the Education industry
Industry Median: 1.235 vs UTI: 2.36

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.

Universal Technical Institute's adjusted book value per share data for the three months ended in Mar. 2024 was $4.324. 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 $6.33 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Universal Technical Institute Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Universal Technical Institute'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.

Universal Technical Institute Cyclically Adjusted PB Ratio Chart

Universal Technical Institute Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 0.88 1.13 0.85 1.29

Universal Technical Institute 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 1.15 1.07 1.29 1.96 2.52

Competitive Comparison of Universal Technical Institute's Cyclically Adjusted PB Ratio

For the Education & Training Services subindustry, Universal Technical Institute'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.


Universal Technical Institute's Cyclically Adjusted PB Ratio Distribution in the Education Industry

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

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



Universal Technical Institute 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.

Universal Technical Institute's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.31/6.33
=2.42

* 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.

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

For example, Universal Technical Institute'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)
=4.324/129.4194*129.4194
=4.324

Current CPI (Mar. 2024) = 129.4194.

Universal Technical Institute Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.433 100.560 6.992
201409 5.365 100.428 6.914
201412 5.424 99.070 7.086
201503 5.303 99.621 6.889
201506 5.112 100.684 6.571
201509 4.683 100.392 6.037
201512 4.631 99.792 6.006
201603 3.331 100.470 4.291
201606 5.984 101.688 7.616
201609 5.548 101.861 7.049
201612 5.447 101.863 6.921
201703 5.334 102.862 6.711
201706 5.142 103.349 6.439
201709 5.030 104.136 6.251
201712 6.433 104.011 8.004
201803 6.015 105.290 7.393
201806 5.503 106.317 6.699
201809 5.005 106.507 6.082
201812 4.659 105.998 5.688
201903 4.402 107.251 5.312
201906 4.342 108.070 5.200
201909 4.458 108.329 5.326
201912 4.905 108.420 5.855
202003 5.676 108.902 6.745
202006 5.243 108.767 6.239
202009 5.407 109.815 6.372
202012 5.455 109.897 6.424
202103 5.378 111.754 6.228
202106 5.398 114.631 6.094
202109 5.742 115.734 6.421
202112 6.157 117.630 6.774
202203 6.362 121.301 6.788
202206 6.268 125.017 6.489
202209 6.377 125.227 6.591
202212 6.405 125.222 6.620
202303 6.483 127.348 6.588
202306 6.461 128.729 6.496
202309 6.631 129.860 6.609
202312 4.135 129.419 4.135
202403 4.324 129.419 4.324

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.


Universal Technical Institute  (NYSE:UTI) 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.


Universal Technical Institute Cyclically Adjusted PB Ratio Related Terms

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


Universal Technical Institute (Universal Technical Institute) Business Description

Traded in Other Exchanges
Address
4225 East Windrose Drive, Suite 200, Phoenix, AZ, USA, 85032
Universal Technical Institute Inc is an educational institution. It provides undergraduate degree, as well as certificate programs for technicians in the automotive, diesel, collision repair, motorcycle and marine fields. The company's reportable segment includes Universal Technical Institute (UTI) and Concorde Career Colleges. Majority of the revenue is generated from UTI segment which provides different kinds of degree and non-degree transportation and skilled trades technical training programs under brands such as Universal Technical Institute, Motorcycle Mechanics Institute, Marine Mechanics Institute and others. It also provides dealer technician training or instructor staffing services to manufacturers.
Executives
Troy R Anderson officer: EVP and CFO 16220 N SCOTTSDALE RD, SUITE 500, SCOTTSDALE AZ 85254
Loretta Lydia Sanchez director 4225 E. WINDROSE DRIVE, SUITE 200, PHOENIX AZ 85032
Coliseum Capital Management, Llc 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Tracy Kay Lorenz officer: UTI Division President 4225 E. WINDROSE DRIVE, SUITE 200, PHOENIX AZ 85032
Michael A. Slubowski director 4225 E. WINDROSE DRIVE, SUITE 200, PHOENIX AZ 85032
Jami J. Frazier officer: Division President 4225 E. WINDROSE DRIVE, SUITE 200, PHOENIX AZ 85032
Jerome Alan Grant officer: EVP & Chief Operating Officer 16220 N. SCOTTSDALE RD., SUITE 100, SCOTTSDALE AZ 85254
Shannon Lei Okinaka director C/O HAWAIIAN HOLDINGS, INC., 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
Kimberly J Mcwaters director, officer: CEO and President 20410 NORTH 19TH AVENUE, PHOENIX AZ 85027
Bart Fesperman officer: Chief Commercial Officer 4225 EAST WINDROSE DRIVE, SUITE 200, PHOENIX AZ 85032
Sonia Claire Mason officer: Chief Human Resources Officer 4225 EAST WINDROSE DRIVE, SUITE 200, PHOENIX AZ 85032
George W. Brochick director 2555 TELEGRAPH RD, BLOOMFIELD HILLS MI 48302
Christopher E. Kevane officer: SVP Chief Legal Officer 9221 E. VIA DE VENTURA, SCOTTSDALE AZ 85258
Robert Thomas Devincenzi director 825 E MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043
Lori B Smith officer: SVP Chief Information Officer 16220 N SCOTTSDALE RD, SUITE 500, SCOTTSDALE AZ 85254

Universal Technical Institute (Universal Technical Institute) Headlines

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