Chegg (MEX:CHGG) Cyclically Adjusted Book per Share: MXN119.57 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:CHGG Chegg Inc MEX:CHGG
36 GF Score
Price MXN21.45
GF Value MXN16.63
! 5 Warning Signs
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What is Chegg Cyclically Adjusted Book per Share?

Chegg MEX:CHGG 36 Cyclically Adjusted Book per Share is MXN119.57 as of Jun. 2026. GuruFocus rates MEX:CHGG with a GF Score™ of 36/100 and a GF Value™ of MXN16.63. The stock has 5 warning signs investors should review.

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.

Chegg's adjusted book value per share for the three months ended in Jun. 2026 was MXN18.575. 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 MXN119.57 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Chegg's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.00% 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 Chegg was 7.00% per year. The lowest was 7.00% per year. And the median was 7.00% per year.

As of today (2026-08-09), Chegg's current stock price is MXN21.45. Chegg's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN119.57. Chegg's Cyclically Adjusted PB Ratio of today is 0.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Chegg was 9.44. The lowest was 0.08. And the median was 0.80.


Chegg  (MEX:CHGG) 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.

Chegg's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=21.45/119.57
=0.18

* 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 Chegg was 9.44. The lowest was 0.08. And the median was 0.80.


Be Aware

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


Chegg Cyclically Adjusted Book per Share Related Terms


Chegg Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Chegg'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.

Chegg Cyclically Adjusted Book per Share Chart

Chegg Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 98.44 72.52 168.38 129.00

Chegg Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 100.75 80.45 129.00 163.29 119.57

MEX:CHGG vs COE, LGCY, SKIL: Cyclically Adjusted Book per Share Comparison

For the Education & Training Services subindustry, Chegg'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.


Chegg Cyclically Adjusted PB Ratio vs Education Industry

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

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


MEX:CHGG
36GF Score
Chegg Inc MEX:CHGG
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chegg 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, Chegg's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=18.575/333.9520*333.9520
=18.575

Current CPI (Jun. 2026) = 333.9520.

Chegg Quarterly Data

Book Value per Share CPI Adj_Book
201609 45.648 241.428 63.142
201612 49.894 241.432 69.014
201703 42.767 243.801 58.581
201706 41.949 244.955 57.190
201709 61.905 246.819 83.759
201712 70.032 246.524 94.868
201803 59.621 249.554 79.785
201806 67.266 251.989 89.145
201809 63.425 252.439 83.905
201812 69.808 251.233 92.792
201903 70.264 254.202 92.308
201906 73.975 256.143 96.447
201909 76.651 256.759 99.696
201912 77.378 256.974 100.557
202003 87.862 258.115 113.677
202006 92.679 257.797 120.057
202009 110.819 260.280 142.186
202012 93.757 260.474 120.205
202103 179.845 264.877 226.745
202106 184.149 271.696 226.345
202109 192.211 274.310 234.003
202112 165.805 278.802 198.603
202203 127.078 287.504 147.608
202206 130.378 296.311 146.940
202209 167.839 296.808 188.843
202212 172.122 296.797 193.669
202303 151.694 301.836 167.835
202306 154.057 305.109 168.621
202309 155.611 307.789 168.838
202312 155.938 306.746 169.768
202403 157.429 312.332 168.326
202406 64.783 314.175 68.861
202409 35.034 315.301 37.106
202412 38.375 315.605 40.606
202503 36.047 319.799 37.642
202506 27.567 322.561 28.541
202509 24.631 324.800 25.325
202512 19.407 324.054 20.000
202603 19.532 330.213 19.753
202606 18.575 333.952 18.575

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

What does a Cyclically Adjusted Book per Share of MXN119.57 mean?
Chegg (MEX:CHGG) has a Cyclically Adjusted Book per Share of MXN119.57 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Chegg and its competitors.
Is Chegg's Cyclically Adjusted Book per Share too high?
Chegg's current Cyclically Adjusted Book per Share is MXN119.57. Overall, Chegg has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Chegg's Cyclically Adjusted Book per Share compare to COE and LGCY?
Chegg's Cyclically Adjusted Book per Share of MXN119.57 can be compared against companies in the Education industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for an Education company?
A good Cyclically Adjusted Book per Share depends on the Education industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Chegg and its competitors. Chegg's current Cyclically Adjusted Book per Share is MXN119.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chegg stock overvalued right now?
Chegg (MEX:CHGG) has a current Cyclically Adjusted Book per Share of MXN119.57. The stock's GF Value™ is MXN16.63, compared to a current price of MXN21.45 — trading 29% above its estimated fair value. The current Cyclically Adjusted Book per Share is MXN119.57. Chegg's overall GF Score™ is 36/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Chegg (MEX:CHGG), the current Cyclically Adjusted Book per Share is MXN119.57 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Chegg (MEX:CHGG) Overvalued in 2026?

Based on GuruFocus' analysis, Chegg stock appears to be overvalued. The current stock price of MXN21.45 is trading 29% above its estimated GF Value™ of MXN16.63.

Key valuation signals for MEX:CHGG:

  • Cyclically Adjusted Book per Share: MXN119.57
  • GF Value™: MXN16.63 vs. price of MXN21.45 (29% above fair value)
  • GF Score™: 36/100 with 5 warning signs

No single metric tells the full story. See the MEX:CHGG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chegg Business Description

Other Exchanges CHGG:USA0A4Z:UK0CG:Germany
Address 2261 Market Street, Suite 46218, Santa Clara, CA, USA, 95054
Chegg Inc is an American educational services company. The Chegg platform provides products and services to support learners with their academic course materials, as well as their career and personal skills development. The company's service and product offerings fall into two categories: Chegg Skilling; and Academic Services, which derives maximum revenue. Geographically, it derives in United States and International.
36GF Score

Get the complete analysis for MEX:CHGG

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN21.45
Price
MXN16.63
GF Value