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Adtalem Global Education (FRA:DVY) Cyclically Adjusted Book per Share : €30.03 (As of Mar. 2024)


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What is Adtalem Global Education Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Adtalem Global Education's adjusted book value per share for the three months ended in Mar. 2024 was €32.180. 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 €30.03 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Adtalem Global Education's average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.20% 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 Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Adtalem Global Education was 117.50% per year. The lowest was 5.50% per year. And the median was 16.00% per year.

As of today (2024-06-01), Adtalem Global Education's current stock price is €60.50. Adtalem Global Education's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €30.03. Adtalem Global Education's Cyclically Adjusted PB Ratio of today is 2.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Adtalem Global Education was 3.04. The lowest was 0.75. And the median was 1.58.


Adtalem Global Education Cyclically Adjusted Book per Share Historical Data

The historical data trend for Adtalem Global Education's Cyclically Adjusted Book 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.

Adtalem Global Education Cyclically Adjusted Book per Share Chart

Adtalem Global Education Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.47 22.75 22.73 27.83 28.71

Adtalem Global 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 Book 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 27.21 28.71 30.09 28.70 30.03

Competitive Comparison of Adtalem Global Education's Cyclically Adjusted Book per Share

For the Education & Training Services subindustry, Adtalem Global Education'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.


Adtalem Global Education's Cyclically Adjusted PB Ratio Distribution in the Education Industry

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

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



Adtalem Global Education Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Adtalem Global Education'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)
=32.18/131.7762*131.7762
=32.180

Current CPI (Mar. 2024) = 131.7762.

Adtalem Global Education Quarterly Data

Book Value per Share CPI Adj_Book
201406 17.738 100.560 23.244
201409 18.708 100.428 24.548
201412 19.765 99.070 26.290
201503 22.700 99.621 30.027
201506 22.194 100.684 29.048
201509 21.631 100.392 28.393
201512 21.278 99.792 28.098
201603 22.210 100.470 29.130
201606 22.511 101.688 29.172
201609 22.751 101.861 29.433
201612 24.236 101.863 31.353
201703 24.702 102.862 31.646
201706 23.816 103.349 30.367
201709 22.733 104.136 28.767
201712 21.301 104.011 26.987
201803 20.934 105.290 26.200
201806 21.714 106.317 26.914
201809 20.875 106.507 25.828
201812 21.588 105.998 26.838
201903 21.826 107.251 26.817
201906 22.268 108.070 27.153
201909 22.051 108.329 26.824
201912 22.009 108.420 26.750
202003 22.616 108.902 27.366
202006 22.434 108.767 27.180
202009 21.694 109.815 26.032
202012 21.329 109.897 25.575
202103 22.077 111.754 26.032
202106 21.925 114.631 25.204
202109 21.615 115.734 24.611
202112 22.889 117.630 25.642
202203 29.999 121.301 32.590
202206 31.229 125.017 32.917
202209 33.596 125.227 35.353
202212 31.632 125.222 33.288
202303 31.893 127.348 33.002
202306 31.792 128.729 32.545
202309 31.975 129.860 32.447
202312 31.770 129.419 32.349
202403 32.180 131.776 32.180

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Adtalem Global Education  (FRA:DVY) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Adtalem Global Education's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=60.50/30.03
=2.01

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Adtalem Global Education was 3.04. The lowest was 0.75. And the median was 1.58.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Adtalem Global Education Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Adtalem Global Education's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Adtalem Global Education (FRA:DVY) Business Description

Traded in Other Exchanges
Address
500 West Monroe Street, Suite 28, Chicago, IL, USA, 60661
Adtalem Global Education Inc is an American for-profit educational company that operates various university and educational programs. The company runs eight colleges and universities that specialize in business, medicine, education, and nursing degree programs. DeVry Education Group has over 90 campuses as well as online courses that offer associate, bachelor, and postgraduate degrees. Enrollment in its business colleges represents almost half of overall student enrollment, followed by technology and healthcare. The company derives the majority of its revenue from student enrollment fees using federal financial aid programs such as Pell Fund grants.

Adtalem Global Education (FRA:DVY) Headlines

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