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Grand Canyon Education (FRA:GKD) Book Value per Share : €23.42 (As of Mar. 2024)


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What is Grand Canyon Education Book Value per Share?

Grand Canyon Education's book value per share for the quarter that ended in Mar. 2024 was €23.42.

During the past 12 months, Grand Canyon Education's average Book Value Per Share Growth Rate was 19.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -10.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -4.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 12.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Grand Canyon Education was 46.20% per year. The lowest was -11.90% per year. And the median was 26.20% per year.

Grand Canyon Education's current price is €134.00. Its book value per share for the quarter that ended in Mar. 2024 was €23.42. Hence, today's PB Ratio of Grand Canyon Education is 5.72.

During the past 13 years, the highest P/B Ratio of Grand Canyon Education was 6.93. The lowest was 2.03. And the median was 4.39.


Grand Canyon Education Book Value per Share Historical Data

The historical data trend for Grand Canyon Education's Book Value per Share 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 Book Value per Share Chart

Grand Canyon Education Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.01 27.74 24.52 19.38 21.98

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
Book Value per Share 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 19.98 19.60 20.26 21.98 23.42

Competitive Comparison of Grand Canyon Education's Book Value per Share

For the Education & Training Services subindustry, Grand Canyon Education's PB Ratio, along with its competitors' market caps and 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.


Grand Canyon Education's PB Ratio Distribution in the Education Industry

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

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



Grand Canyon Education Book Value per Share Calculation

Grand Canyon Education's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(658.4-0.0)/30.0
=21.98

Grand Canyon Education's Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(698.7-0.0)/29.8
=23.42

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Grand Canyon Education  (FRA:GKD) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Grand Canyon Education Book Value per Share Related Terms

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Grand Canyon Education (FRA:GKD) 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.

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