LRN (Stride) Cyclically Adjusted PB Ratio: 3.41 (As of Aug. 04, 2026) — 62% Above Median

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LRN Stride Inc LRN
78 GF Score
Price $80.10
GF Value $87.78
Valuation Fairly Valued
View Full Analysis

What is Stride Cyclically Adjusted PB Ratio?

Stride LRN -0.24% 78 Cyclically Adjusted PB Ratio is 3.41 as of Aug. 04, 2026, which is 62% above its 10-year median of 2.11. GuruFocus rates LRN with a GF Score™ of 78/100 and a GF Value™ of $87.78 (Fairly Valued). Among 161 Education companies, Stride ranks worse than 81.37% on this metric.

As of today (2026-08-04), Stride's current share price is $80.10. Stride's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $23.52. 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:

LRN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.06   Med: 2.11   Max: 7.63
Current: 3.41

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.

LRN's Cyclically Adjusted PB Ratio is ranked worse than
81.37% of 161 companies
in the Education industry
Industry Median: 1.16 vs LRN: 3.41

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 Mar. 2026 was $38.610. 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 $23.52 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stride  (NYSE:LRN) 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 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.02 2.31 2.01 3.56 6.70

Stride Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.99 6.70 6.70 2.87 3.75

LRN 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.


LRN
78GF Score
Stride Inc LRN
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
=80.10/23.52
=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 Mar. 2026 is calculated as:

For example, Stride's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=38.61/330.2130*330.2130
=38.610

Current CPI (Mar. 2026) = 330.2130.

Stride Quarterly Data

Book Value per Share CPI Adj_Book
201606 14.080 241.018 19.291
201609 13.373 241.428 18.291
201612 13.759 241.432 18.819
201703 14.102 243.801 19.100
201706 14.069 244.955 18.966
201709 13.714 246.819 18.348
201712 14.152 246.524 18.956
201803 14.563 249.554 19.270
201806 14.840 251.989 19.447
201809 14.307 252.439 18.715
201812 15.018 251.233 19.739
201903 15.538 254.202 20.184
201906 15.740 256.143 20.292
201909 15.253 256.759 19.617
201912 15.901 256.974 20.433
202003 16.234 258.115 20.769
202006 16.469 257.797 21.095
202009 17.310 260.280 21.961
202012 18.105 260.474 22.952
202103 18.939 264.877 23.611
202106 19.353 271.696 23.521
202109 17.232 274.310 20.744
202112 17.175 278.802 20.342
202203 18.251 287.504 20.962
202206 18.995 296.311 21.168
202209 18.276 296.808 20.333
202212 19.535 296.797 21.734
202303 20.895 301.836 22.859
202306 22.028 305.109 23.840
202309 22.112 307.789 23.723
202312 23.803 306.746 25.624
202403 25.506 312.332 26.966
202406 27.197 314.175 28.585
202409 27.860 315.301 29.178
202412 30.262 315.605 31.663
202503 32.591 319.799 33.652
202506 34.000 322.561 34.807
202509 34.825 324.800 35.405
202512 36.345 324.054 37.036
202603 38.610 330.213 38.610

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 (LRN) has a Cyclically Adjusted PB Ratio of 3.41 as of Aug. 04, 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 #131 out of 161 companies in the Education industry, placing it in the top 81.4%.
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 1.16. Stride's value of 3.41 is 194% above this industry median. Based on the distribution chart, Stride ranks #131 out of 161 companies in the Education industry, which is in the bottom quartile relative to peers. Overall, Stride has a GF Score™ of 78/100 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 #131 out of 161 companies for Cyclically Adjusted PB Ratio. This places Stride in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.16. Stride's value of 3.41 is 194% 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 1.16, 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 1.16, 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. Stride's current Cyclically Adjusted PB Ratio of 3.41 is 194% 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 1.16 — 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 (LRN) is currently considered Fairly Valued. The stock's GF Value™ is $87.78, compared to a current price of $80.10 — trading 8.7% 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 194% above the Education industry median of 1.16. Stride's overall GF Score™ is 78/100. 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 (LRN), the current Cyclically Adjusted PB Ratio is 3.41 as of Aug. 04, 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 (LRN) Overvalued in 2026?

Based on GuruFocus' analysis, Stride stock appears to be undervalued. The current stock price of $80.10 is trading 8.7% below its estimated GF Value™ of $87.78. GuruFocus considers Stride to be Fairly Valued.

Key valuation signals for LRN:

  • Cyclically Adjusted PB Ratio: 3.41 (62% above median its 10-year median of 2.11)
  • GF Value™: $87.78 vs. price of $80.10 (8.7% below fair value)
  • GF Score™: 78/100
  • Industry Position: 194% above the Education median (#131 of 161)

No single metric tells the full story. See the LRN 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.
78GF Score

Get the complete analysis for LRN

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

$80.10
Price
$87.78
GF Value