EDMCQ (Education Management) Cyclically Adjusted PB Ratio: (As of Jul. 27, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

What is Education Management Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Education Management  (OTCPK:EDMCQ) 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.


Education Management Cyclically Adjusted PB Ratio Related Terms


Education Management Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Education Management'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.

Education Management Cyclically Adjusted PB Ratio Chart

Education Management Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Education Management Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 0.00 0.00 0.00 0.00 0.00

EDMCQ vs ZVO: Cyclically Adjusted PB Ratio Comparison

For the Education & Training Services subindustry, Education Management'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.


Education Management Cyclically Adjusted PB Ratio vs Education Industry

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

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



Education Management 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.

Education Management's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2014 is calculated as:

For example, Education Management's adjusted Book Value per Share data for the three months ended in Jun. 2014 was:

Adj_Book=Book Value per Share/CPI of Jun. 2014 (Change)*Current CPI (Jun. 2014)
=-2.26/238.3430*238.3430
=-2.260

Current CPI (Jun. 2014) = 238.3430.

Education Management Quarterly Data

Book Value per Share CPI Adj_Book
200312 6.302 184.300 8.150
200403 6.638 187.400 8.442
200406 6.972 189.700 8.760
200409 7.202 189.900 9.039
200412 7.815 190.300 9.788
200503 8.287 193.300 10.218
200506 8.892 194.500 10.896
200509 9.038 198.800 10.836
200512 9.841 196.800 11.918
200603 10.477 199.800 12.498
200606 20.979 202.900 24.644
200609 0.000 202.900 0.000
200706 51.084 208.352 58.437
200709 11.130 208.490 12.724
200712 0.000 210.036 0.000
200806 11.624 218.815 12.661
200809 11.247 218.783 12.253
200812 11.282 210.228 12.791
200903 0.000 212.709 0.000
200906 10.629 215.693 11.745
200909 10.753 215.969 11.867
200912 13.533 215.949 14.936
201003 14.158 217.631 15.505
201006 14.537 217.965 15.896
201009 14.920 218.439 16.279
201012 15.603 219.179 16.967
201103 16.130 223.467 17.204
201106 16.208 225.722 17.114
201109 16.318 226.889 17.142
201112 16.802 225.672 17.745
201203 13.488 229.392 14.014
201206 3.989 229.478 4.143
201209 3.911 231.407 4.028
201212 4.202 229.601 4.362
201303 1.968 232.773 2.015
201306 2.856 233.504 2.915
201309 1.979 234.149 2.014
201312 2.035 233.049 2.081
201403 -0.802 236.293 -0.809
201406 -2.260 238.343 -2.260

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.


Education Management Business Description

Address 210 Sixth Avenue, 33rd Floor, Pittsburgh, PA, USA, 15222
Education Management Corp provides post-secondary education in North America. It offers academic programs to students through campus-based and online instruction, or through a combination of both. The company operates in four segments including The Art Institutes; Argosy University; Brown Mackie Colleges and South University. The Art Institutes focus on applied arts in creative professions such as graphic design, media arts, and animation, culinary arts. Brown Mackie Colleges offer flexible Associate's and non-degree diploma programs that enable students to develop skills for entry-level positions in high-demand vocational specialties. South University offers academic programs in health profession and business disciplines, health sciences, nursing, criminal justice, psychology, and IT.