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Grand Canyon Education (Grand Canyon Education) Cyclically Adjusted PS Ratio : 6.01 (As of May. 15, 2024)


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What is Grand Canyon Education Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Grand Canyon Education's current share price is $144.50. Grand Canyon Education's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $24.03. Grand Canyon Education's Cyclically Adjusted PS Ratio for today is 6.01.

The historical rank and industry rank for Grand Canyon Education's Cyclically Adjusted PS Ratio or its related term are showing as below:

LOPE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.71   Med: 5.5   Max: 9.03
Current: 6.11

During the past years, Grand Canyon Education's highest Cyclically Adjusted PS Ratio was 9.03. The lowest was 3.71. And the median was 5.50.

LOPE's Cyclically Adjusted PS Ratio is ranked worse than
89.36% of 141 companies
in the Education industry
Industry Median: 1.09 vs LOPE: 6.11

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.

Grand Canyon Education's adjusted revenue per share data for the three months ended in Mar. 2024 was $9.267. 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 $24.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grand Canyon Education Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Grand Canyon Education'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.

Grand Canyon Education Cyclically Adjusted PS Ratio Chart

Grand Canyon Education 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 6.13 5.59 4.57 4.95 5.60

Grand Canyon Education 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 5.15 4.55 5.04 5.60 5.67

Competitive Comparison of Grand Canyon Education's Cyclically Adjusted PS Ratio

For the Education & Training Services subindustry, Grand Canyon Education'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.


Grand Canyon Education's Cyclically Adjusted PS Ratio Distribution in the Education Industry

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

* The bar in red indicates where Grand Canyon Education's Cyclically Adjusted PS Ratio falls into.



Grand Canyon Education 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.

Grand Canyon Education's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=144.50/24.03
=6.01

* 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.

Grand Canyon Education's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Grand Canyon Education'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)
=9.267/129.4194*129.4194
=9.267

Current CPI (Mar. 2024) = 129.4194.

Grand Canyon Education Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.375 100.560 4.344
201409 3.721 100.428 4.795
201412 4.030 99.070 5.265
201503 4.113 99.621 5.343
201506 3.697 100.684 4.752
201509 4.087 100.392 5.269
201512 4.562 99.792 5.916
201603 4.843 100.470 6.238
201606 4.071 101.688 5.181
201609 4.461 101.861 5.668
201612 5.155 101.863 6.550
201703 5.163 102.862 6.496
201706 4.530 103.349 5.673
201709 4.891 104.136 6.079
201712 5.614 104.011 6.985
201803 5.696 105.290 7.001
201806 4.892 106.317 5.955
201809 3.210 106.507 3.901
201812 3.671 105.998 4.482
201903 4.087 107.251 4.932
201906 3.618 108.070 4.333
201909 3.999 108.329 4.778
201912 4.432 108.420 5.290
202003 4.641 108.902 5.515
202006 3.940 108.767 4.688
202009 4.212 109.815 4.964
202012 5.108 109.897 6.015
202103 5.117 111.754 5.926
202106 4.420 114.631 4.990
202109 4.668 115.734 5.220
202112 6.345 117.630 6.981
202203 6.995 121.301 7.463
202206 6.266 125.017 6.487
202209 6.650 125.227 6.873
202212 8.394 125.222 8.675
202303 8.164 127.348 8.297
202306 6.953 128.729 6.990
202309 7.419 129.860 7.394
202312 9.352 129.419 9.352
202403 9.267 129.419 9.267

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.


Grand Canyon Education  (NAS:LOPE) 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.


Grand Canyon Education Cyclically Adjusted PS Ratio Related Terms

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


Grand Canyon Education (Grand Canyon Education) Business Description

Traded in Other Exchanges
Address
2600 West Camelback Road, Phoenix, AZ, USA, 85017
Grand Canyon Education, Inc is a publicly traded education services company dedicated to serving colleges and universities. GCE's most significant university partner is Grand Canyon University, an Arizona non-profit corporation that operates a comprehensive regionally accredited university that offers graduate and undergraduate degree programs, emphases and certificates across nine colleges both online, on ground at its campus in Phoenix, Arizona and at four off-site classroom and laboratory sites. The Company generates all of its revenue through services agreements with its university partners.
Executives
Jack A Henry director C/O SIERRA BLANCA VENTURES, 1211 E. MISSOURI AVENUE, SUITE 222, PHOENIX AZ 85014
Lisa Graham Keegan director 2600 W. CAMELBACK ROAD, PHOENIX AZ 85017
Lori Browning officer: Chief Accounting Officer 2600 W. CAMELBACK ROAD, PHOENIX AZ 85017
Kathy J. Claypatch officer: Chief Information Officer 2600 W. CAMELBACK ROAD, PHOENIX AZ 85017
Sara R. Dial director 3300 W. CAMELBACK ROAD, SCOTTSDALE AZ 85017
David Adame director 2600 W. CAMELBACK ROAD, PHOENIX AZ 85017
Brian E Mueller officer: Chief Executive Officer 3300 W. CAMELBACK ROAD, PHOENIX AZ 85017
William Stan Meyer officer: Executive Vice President 3300 W. CAMELBACK ROAD, PHOENIX AZ 85017
Joseph N Mildenhall officer: Chief Information Officer 3300 W. CAMELBACK AVENUE, PHOENIX AZ 85017
Daniel E Bachus officer: Chief Financial Officer 3300 W. CAMELBACK ROAD, PHOENIX AZ 85017
Dilek Marsh officer: Chief Data Officer 2600 W. CAMELBACK ROAD, PHOENIX AZ 85017
Daniel J. Briggs officer: Orbis Education, CEO 2600 WEST CAMELBACK ROAD, PHOENIX AZ 85017
Chevy Humphrey director 2600 W. CAMELBACK ROAD, PHOENIX AZ 85017
Brian M Roberts officer: General Counsel 18835 N. THOMPSON PEAK PARKWAY, SUITE 300 & 380, SCOTTSDALE AZ 85255
Brent D. Richardson director, 10 percent owner, officer: Executive Chairman 3300 W. CAMELBACK ROAD, PHOENIX AZ 85017