Stride (FRA:0AJ) Cyclically Adjusted PB Ratio: 3.41 (As of Aug. 17, 2026) — 62% Above Median

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Director of Data and Quant Analytics at GuruFocus
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FRA:0AJ Stride Inc FRA:0AJ
84 GF Score
Price €72.00
GF Value €77.84
Valuation Fairly Valued
View Full Analysis

What is Stride Cyclically Adjusted PB Ratio?

Stride FRA:0AJ +6.67% 84 Cyclically Adjusted PB Ratio is 3.41 as of Aug. 17, 2026, which is 62% above its 10-year median of 2.11. GuruFocus rates FRA:0AJ with a GF Score™ of 84/100 and a GF Value™ of €77.84 (Fairly Valued). Among 157 Education companies, Stride ranks worse than 80.25% on this metric.

As of today (2026-08-17), Stride's current share price is €72.00. Stride's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €21.12. Stride's Cyclically Adjusted PB Ratio for today is 3.41.

The historical rank and industry rank for Stride's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:0AJ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.06   Med: 2.11   Max: 7.63
Current: 3.43

During the past years, Stride's highest Cyclically Adjusted PB Ratio was 7.63. The lowest was 1.06. And the median was 2.11.

FRA:0AJ's Cyclically Adjusted PB Ratio is ranked worse than
80.25% of 157 companies
in the Education industry
Industry Median: 1.15 vs FRA:0AJ: 3.43

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.

Stride's adjusted book value per share data for the three months ended in Jun. 2026 was €34.160. 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 €21.12 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stride  (FRA:0AJ) 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.


Stride Cyclically Adjusted PB Ratio Related Terms


Stride Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Stride'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.

Stride Cyclically Adjusted PB Ratio Chart

Stride Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.31 2.01 3.56 6.70 3.55

Stride Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 6.70 6.70 2.87 3.75 3.55

FRA:0AJ vs LOPE, CVSA, LAUR: Cyclically Adjusted PB Ratio Comparison

For the Education & Training Services subindustry, Stride'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.


Stride Cyclically Adjusted PB Ratio vs Education Industry

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

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


FRA:0AJ
84GF Score
Stride Inc FRA:0AJ
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Stride 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.

Stride's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=72.00/21.12
=3.41

* 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.

Stride's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Stride'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)
=34.16/333.9520*333.9520
=34.160

Current CPI (Jun. 2026) = 333.9520.

Stride Quarterly Data

Book Value per Share CPI Adj_Book
201609 11.915 241.428 16.481
201612 13.044 241.432 18.043
201703 13.186 243.801 18.062
201706 12.522 244.955 17.071
201709 11.506 246.819 15.568
201712 11.959 246.524 16.200
201803 11.810 249.554 15.804
201806 12.703 251.989 16.835
201809 12.261 252.439 16.220
201812 13.201 251.233 17.547
201903 13.751 254.202 18.065
201906 13.930 256.143 18.162
201909 13.850 256.759 18.014
201912 14.311 256.974 18.598
202003 14.692 258.115 19.009
202006 14.624 257.797 18.944
202009 14.696 260.280 18.856
202012 14.882 260.474 19.080
202103 15.909 264.877 20.058
202106 16.063 271.696 19.744
202109 14.647 274.310 17.832
202112 15.200 278.802 18.207
202203 16.572 287.504 19.249
202206 17.970 296.311 20.253
202209 18.459 296.808 20.769
202212 18.441 296.797 20.750
202303 19.516 301.836 21.593
202306 20.332 305.109 22.254
202309 20.719 307.789 22.480
202312 21.828 306.746 23.764
202403 23.466 312.332 25.090
202406 25.266 314.175 26.856
202409 25.102 315.301 26.587
202412 28.900 315.605 30.580
202503 30.146 319.799 31.480
202506 29.478 322.561 30.519
202509 29.671 324.800 30.507
202512 31.039 324.054 31.987
202603 33.398 330.213 33.776
202606 34.160 333.952 34.160

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.

What does a Cyclically Adjusted PB Ratio of 3.41 mean?
Stride (FRA:0AJ) has a Cyclically Adjusted PB Ratio of 3.41 as of Aug. 17, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Stride and its competitors. This is 62% above median its historical median of 2.11. Over the past decade, Stride's Cyclically Adjusted PB Ratio has ranged from 1.06 to 7.63. According to the industry distribution chart, Stride ranks #126 out of 157 companies in the Education industry, placing it in the top 80.3%.
Is Stride's Cyclically Adjusted PB Ratio too high?
Stride's current Cyclically Adjusted PB Ratio of 3.41 is 62% above median its 10-year median of 2.11. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 7.63. The Education industry median Cyclically Adjusted PB Ratio is 1.15. Stride's value of 3.41 is 196.5% above this industry median. Based on the distribution chart, Stride ranks #126 out of 157 companies in the Education industry, which is in the bottom quartile relative to peers. Overall, Stride has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Stride's Cyclically Adjusted PB Ratio compare to LOPE and CVSA?
According to the Education industry distribution chart, Stride ranks #126 out of 157 companies for Cyclically Adjusted PB Ratio. This places Stride in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.15. Stride's value of 3.41 is 196.5% above this benchmark. Historically, Stride's own Cyclically Adjusted PB Ratio has ranged from 1.06 to 7.63 over the past decade. While the company's 10-year median is 2.11 vs. the industry median of 1.15, Stride has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Education company?
The median Cyclically Adjusted PB Ratio among Education companies is 1.15, based on 157 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Stride's current Cyclically Adjusted PB Ratio of 3.41 is 196.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Stride and its competitors. For the Education industry, the median Cyclically Adjusted PB Ratio is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stride's current Cyclically Adjusted PB Ratio is 3.41, which is 62% above median its own 10-year median of 2.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stride stock overvalued right now?
Based on GuruFocus' analysis, Stride (FRA:0AJ) is currently considered Fairly Valued. The stock's GF Value™ is €77.84, compared to a current price of €72.00 — trading 7.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.41, which is 62% above median its 10-year median of 2.11 and 196.5% above the Education industry median of 1.15. Stride's overall GF Score™ is 84/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Stride (FRA:0AJ), the current Cyclically Adjusted PB Ratio is 3.41 as of Aug. 17, 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 Stride (FRA:0AJ) Overvalued in 2026?

Based on GuruFocus' analysis, Stride stock appears to be undervalued. The current stock price of €72.00 is trading 7.5% below its estimated GF Value™ of €77.84. GuruFocus considers Stride to be Fairly Valued.

Key valuation signals for FRA:0AJ:

  • Cyclically Adjusted PB Ratio: 3.41 (62% above median its 10-year median of 2.11)
  • GF Value™: €77.84 vs. price of €72.00 (7.5% below fair value)
  • GF Score™: 84/100
  • Industry Position: 196.5% above the Education median (#126 of 157)

No single metric tells the full story. See the FRA:0AJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Stride Business Description

Address 11720 Plaza America, 9th Floor, Reston, VA, USA, 20190
Stride Inc is an American online educational company. It offers alternative programs to traditional on-campus schooling. It also operates state-funded virtual charter schools around the United States. The educational programs for K-12 students are usually monitored by parents and provide virtual classroom environments where teachers meet with students online, by phone, or in-person. The company's contractual agreements with various school districts to offer its curriculum programs provide a majority of the company's revenue. The company lines of business are Managed Public School Programs, Institutional and Private Pay Schools and Other.
84GF Score

Get the complete analysis for FRA:0AJ

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

€72.00
Price
€77.84
GF Value