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Chegg (LTS:0A4Z) Cyclically Adjusted PB Ratio : 0.26 (As of Jan. 18, 2025)


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What is Chegg Cyclically Adjusted PB Ratio?

As of today (2025-01-18), Chegg's current share price is $1.505. Chegg's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $5.82. Chegg's Cyclically Adjusted PB Ratio for today is 0.26.

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

LTS:0A4Z' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.26   Med: 2.11   Max: 19.61
Current: 0.26

During the past years, Chegg's highest Cyclically Adjusted PB Ratio was 19.61. The lowest was 0.26. And the median was 2.11.

LTS:0A4Z's Cyclically Adjusted PB Ratio is ranked better than
86.11% of 144 companies
in the Education industry
Industry Median: 1.37 vs LTS:0A4Z: 0.26

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.

Chegg's adjusted book value per share data for the three months ended in Sep. 2024 was $1.779. 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 $5.82 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chegg Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Chegg'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.

Chegg Cyclically Adjusted PB Ratio Chart

Chegg Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 8.35 5.54 2.08

Chegg Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.66 2.08 1.33 0.55 0.31

Competitive Comparison of Chegg's Cyclically Adjusted PB Ratio

For the Education & Training Services subindustry, Chegg'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.


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

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

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



Chegg 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.505/5.82
=0.26

* 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.

Chegg's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Chegg's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=1.779/133.0289*133.0289
=1.779

Current CPI (Sep. 2024) = 133.0289.

Chegg Quarterly Data

Book Value per Share CPI Adj_Book
201412 2.941 99.070 3.949
201503 2.742 99.621 3.662
201506 2.688 100.684 3.552
201509 2.507 100.392 3.322
201512 2.623 99.792 3.497
201603 2.450 100.470 3.244
201606 2.439 101.688 3.191
201609 2.361 101.861 3.083
201612 2.420 101.863 3.160
201703 2.271 102.862 2.937
201706 2.321 103.349 2.988
201709 3.411 104.136 4.357
201712 3.566 104.011 4.561
201803 3.282 105.290 4.147
201806 3.423 106.317 4.283
201809 3.391 106.507 4.235
201812 3.555 105.998 4.462
201903 3.622 107.251 4.493
201906 3.851 108.070 4.740
201909 3.883 108.329 4.768
201912 4.103 108.420 5.034
202003 3.747 108.902 4.577
202006 4.015 108.767 4.911
202009 5.016 109.815 6.076
202012 4.713 109.897 5.705
202103 8.798 111.754 10.473
202106 9.251 114.631 10.736
202109 9.348 115.734 10.745
202112 8.083 117.630 9.141
202203 6.382 121.301 6.999
202206 6.481 125.017 6.896
202209 8.344 125.227 8.864
202212 8.829 125.222 9.379
202303 8.416 127.348 8.791
202306 8.986 128.729 9.286
202309 8.933 129.860 9.151
202312 9.187 129.419 9.443
202403 9.486 131.776 9.576
202406 3.536 132.554 3.549
202409 1.779 133.029 1.779

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.


Chegg  (LTS:0A4Z) 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.


Chegg Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Chegg's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Chegg Business Description

Industry
Traded in Other Exchanges
Address
3990 Freedom Circle, Santa Clara, CA, USA, 95054
Chegg Inc is an American educational services company. The Chegg platform provides products and services to support learners with their academic course materials, as well as their career and personal skills development. The company's service and product offerings fall into two categories: Subscription Services, which encompasses Chegg Study Pack, Chegg Study, Chegg Writing, Chegg Math, and Busuu offerings that can be accessed internationally through the company's websites and on mobile devices, and Skills and Other, which encompasses skills, advertising services, print textbooks, and eTextbooks offerings.

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