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Ironwood Education (BOM:508918) Cyclically Adjusted PB Ratio : (As of Jun. 03, 2024)


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What is Ironwood Education Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ironwood Education Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ironwood Education'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.

Ironwood Education Cyclically Adjusted PB Ratio Chart

Ironwood Education Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.43 0.85 0.80

Ironwood Education Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 0.80 - 0.64 -

Competitive Comparison of Ironwood Education's Cyclically Adjusted PB Ratio

For the Education & Training Services subindustry, Ironwood 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.


Ironwood Education's Cyclically Adjusted PB Ratio Distribution in the Education Industry

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

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



Ironwood Education 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.

Ironwood Education's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Ironwood Education's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/152.9243*152.9243
=0.000

Current CPI (Dec. 2023) = 152.9243.

Ironwood Education Quarterly Data

Book Value per Share CPI Adj_Book
201403 40.937 91.425 68.474
201406 0.000 94.103 0.000
201409 32.382 96.780 51.167
201412 0.000 96.780 0.000
201503 35.055 97.163 55.173
201506 0.000 99.841 0.000
201509 33.845 101.753 50.865
201512 0.000 102.901 0.000
201603 35.781 102.518 53.374
201606 0.000 105.961 0.000
201609 34.591 105.961 49.922
201612 0.000 105.196 0.000
201703 35.161 105.196 51.114
201706 0.000 107.109 0.000
201709 33.178 109.021 46.539
201712 0.000 109.404 0.000
201803 27.940 109.786 38.918
201806 0.000 111.317 0.000
201809 25.964 115.142 34.484
201812 0.000 115.142 0.000
201903 24.278 118.202 31.410
201906 0.000 120.880 0.000
201909 23.179 123.175 28.777
201912 0.000 126.235 0.000
202003 22.579 124.705 27.688
202006 0.000 127.000 0.000
202009 21.212 130.118 24.930
202012 0.000 130.889 0.000
202103 20.290 131.771 23.547
202106 0.000 134.084 0.000
202109 18.944 135.847 21.325
202112 0.000 138.161 0.000
202203 17.799 138.822 19.607
202206 0.000 142.347 0.000
202209 16.096 144.661 17.015
202212 0.000 145.763 0.000
202303 14.971 146.865 15.589
202306 0.000 150.280 0.000
202309 15.227 151.492 15.371
202312 0.000 152.924 0.000

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.


Ironwood Education  (BOM:508918) 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.


Ironwood Education Cyclically Adjusted PB Ratio Related Terms

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Ironwood Education (BOM:508918) Business Description

Traded in Other Exchanges
N/A
Address
KHIL House, 70-C Nehru Road, 1st Floor, Adjacent to Domestic Airport, Vile Parle (East), Mumbai, MH, IND, 400099
Ironwood Education Ltd is a vocational education provider across India and the Middle East. The company is operating the EMDI Institute of media and communication. The company offers industry-relevant postgraduate diploma in Global sports management courses under the brand Ironwood Sports Management Global Academy; a specialized course in wedding planning; and digital marketing and E-commerce. The company has carried out business operations only in the segment of Vocational Education.

Ironwood Education (BOM:508918) Headlines

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