Grand Canyon Education (FRA:GKD) Cyclically Adjusted PB Ratio: 5.02 (As of Aug. 05, 2026) — 18% Below Median

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FRA:GKD Grand Canyon Education Inc FRA:GKD
83 GF Score
Price €129.75
GF Value €152.56
! 2 Warning Signs
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What is Grand Canyon Education Cyclically Adjusted PB Ratio?

Grand Canyon Education FRA:GKD +3.76% 83 Cyclically Adjusted PB Ratio is 5.02 as of Aug. 05, 2026, which is 18% below its 10-year median of 6.15. GuruFocus rates FRA:GKD with a GF Score™ of 83/100 and a GF Value™ of €152.56. The stock has 2 warning signs investors should review. Among 161 Education companies, Grand Canyon Education ranks worse than 88.82% on this metric.

As of today (2026-08-05), Grand Canyon Education's current share price is €129.75. Grand Canyon Education's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €25.84. Grand Canyon Education's Cyclically Adjusted PB Ratio for today is 5.02.

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

FRA:GKD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.6   Med: 6.15   Max: 13.86
Current: 5.02

During the past years, Grand Canyon Education's highest Cyclically Adjusted PB Ratio was 13.86. The lowest was 3.60. And the median was 6.15.

FRA:GKD's Cyclically Adjusted PB Ratio is ranked worse than
88.82% of 161 companies
in the Education industry
Industry Median: 1.16 vs FRA:GKD: 5.02

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.

Grand Canyon Education's adjusted book value per share data for the three months ended in Jun. 2026 was €22.152. 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 €25.84 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grand Canyon Education  (FRA:GKD) 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.


Grand Canyon Education Cyclically Adjusted PB Ratio Related Terms


Grand Canyon Education Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Grand Canyon 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.

Grand Canyon Education Cyclically Adjusted PB Ratio Chart

Grand Canyon Education Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.27 4.64 5.31 6.06 5.77

Grand Canyon Education 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 7.65 5.77 5.75 4.76

FRA:GKD vs LRN, CVSA, LAUR: Cyclically Adjusted PB Ratio Comparison

For the Education & Training Services subindustry, Grand Canyon 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.


Grand Canyon Education Cyclically Adjusted PB Ratio vs Education Industry

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

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


FRA:GKD
83GF Score
Grand Canyon Education Inc FRA:GKD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grand Canyon 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.

Grand Canyon Education's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=129.75/25.84
=5.02

* 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.

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

For example, Grand Canyon Education'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)
=22.152/333.9520*333.9520
=22.152

Current CPI (Jun. 2026) = 333.9520.

Grand Canyon Education Quarterly Data

Book Value per Share CPI Adj_Book
201609 13.494 241.428 18.665
201612 15.422 241.432 21.332
201703 16.158 243.801 22.133
201706 16.154 244.955 22.023
201709 15.966 246.819 21.602
201712 17.312 246.524 23.452
201803 17.678 249.554 23.657
201806 19.518 251.989 25.867
201809 20.268 252.439 26.813
201812 22.131 251.233 29.418
201903 23.349 254.202 30.674
201906 24.304 256.143 31.687
201909 25.976 256.759 33.786
201912 27.005 256.974 35.094
202003 27.639 258.115 35.760
202006 27.958 257.797 36.217
202009 27.449 260.280 35.218
202012 27.741 260.474 35.567
202103 28.772 264.877 36.275
202106 28.206 271.696 34.669
202109 27.655 274.310 33.668
202112 24.518 278.802 29.368
202203 19.275 287.504 22.389
202206 17.955 296.311 20.236
202209 19.042 296.808 21.425
202212 19.380 296.797 21.806
202303 19.977 301.836 22.103
202306 19.598 305.109 21.451
202309 20.256 307.789 21.978
202312 21.982 306.746 23.932
202403 23.415 312.332 25.036
202406 23.869 314.175 25.372
202409 23.519 315.301 24.910
202412 25.940 315.605 27.448
202503 25.342 319.799 26.464
202506 23.890 322.561 24.734
202509 23.063 324.800 23.713
202512 23.286 324.054 23.997
202603 22.550 330.213 22.805
202606 22.152 333.952 22.152

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 5.02 mean?
Grand Canyon Education (FRA:GKD) has a Cyclically Adjusted PB Ratio of 5.02 as of Aug. 05, 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 Grand Canyon Education and its competitors. This is 18% below median its historical median of 6.15. Over the past decade, Grand Canyon Education's Cyclically Adjusted PB Ratio has ranged from 3.60 to 13.86. According to the industry distribution chart, Grand Canyon Education ranks #143 out of 161 companies in the Education industry, placing it in the top 88.8%.
Is Grand Canyon Education's Cyclically Adjusted PB Ratio too high?
Grand Canyon Education's current Cyclically Adjusted PB Ratio of 5.02 is 18% below median its 10-year median of 6.15. Over the past 10 years, this metric has ranged from a low of 3.60 to a high of 13.86. The Education industry median Cyclically Adjusted PB Ratio is 1.16. Grand Canyon Education's value of 5.02 is 332.8% above this industry median. Based on the distribution chart, Grand Canyon Education ranks #143 out of 161 companies in the Education industry, which is in the bottom quartile relative to peers. Overall, Grand Canyon Education has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Grand Canyon Education's Cyclically Adjusted PB Ratio compare to LRN and CVSA?
According to the Education industry distribution chart, Grand Canyon Education ranks #143 out of 161 companies for Cyclically Adjusted PB Ratio. This places Grand Canyon Education in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.16. Grand Canyon Education's value of 5.02 is 332.8% above this benchmark. Historically, Grand Canyon Education's own Cyclically Adjusted PB Ratio has ranged from 3.60 to 13.86 over the past decade. While the company's 10-year median is 6.15 vs. the industry median of 1.16, Grand Canyon Education 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 1.16, based on 161 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. Grand Canyon Education's current Cyclically Adjusted PB Ratio of 5.02 is 332.8% 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 Grand Canyon Education and its competitors. For the Education industry, the median Cyclically Adjusted PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grand Canyon Education's current Cyclically Adjusted PB Ratio is 5.02, which is 18% below median its own 10-year median of 6.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Canyon Education stock overvalued right now?
Grand Canyon Education (FRA:GKD) has a current Cyclically Adjusted PB Ratio of 5.02. The stock's GF Value™ is €152.56, compared to a current price of €129.75 — trading 15% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.02, which is 18% below median its 10-year median of 6.15 and 332.8% above the Education industry median of 1.16. Grand Canyon Education's overall GF Score™ is 83/100 with 2 warning signs to review. 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 Grand Canyon Education (FRA:GKD), the current Cyclically Adjusted PB Ratio is 5.02 as of Aug. 05, 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 Grand Canyon Education (FRA:GKD) Overvalued in 2026?

Based on GuruFocus' analysis, Grand Canyon Education stock appears to be undervalued. The current stock price of €129.75 is trading 15% below its estimated GF Value™ of €152.56.

Key valuation signals for FRA:GKD:

  • Cyclically Adjusted PB Ratio: 5.02 (18% below median its 10-year median of 6.15)
  • GF Value™: €152.56 vs. price of €129.75 (15% below fair value)
  • GF Score™: 83/100 with 2 warning signs
  • Industry Position: 332.8% above the Education median (#143 of 161)

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


Grand Canyon Education Business Description

Other Exchanges LOPE:USA
Address 2600 West Camelback Road, Phoenix, AZ, USA, 85017
Grand Canyon Education Inc is a publicly traded education services company dedicated to serving colleges and universities. GCE's university partner is Grand Canyon University, an Arizona non-profit corporation that operates a comprehensive regionally accredited university that offers graduate and undergraduate degree programs, emphases, and certificates across nine colleges, both online and on the ground at its campus in Phoenix, Arizona, and at four off-site classroom andlaboratory sites. The Company generates all of its revenue through service agreements with its university partners.
83GF Score

Get the complete analysis for FRA:GKD

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

€129.75
Price
€152.56
GF Value