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Global Education (NSE:GLOBAL) Cyclically Adjusted PB Ratio : 17.25 (As of May. 14, 2024)


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What is Global Education Cyclically Adjusted PB Ratio?

As of today (2024-05-14), Global Education's current share price is ₹244.20. Global Education's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was ₹14.16. Global Education's Cyclically Adjusted PB Ratio for today is 17.25.

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

NSE:GLOBAL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.36   Med: 8.72   Max: 17.05
Current: 17.05

During the past 11 years, Global Education's highest Cyclically Adjusted PB Ratio was 17.05. The lowest was 3.36. And the median was 8.72.

NSE:GLOBAL's Cyclically Adjusted PB Ratio is ranked worse than
96.88% of 128 companies
in the Education industry
Industry Median: 1.265 vs NSE:GLOBAL: 17.05

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.

Global Education's adjusted book value per share data of for the fiscal year that ended in Mar23 was ₹32.081. 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 ₹14.16 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Global Education Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Global 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.

* Premium members only.

Global Education Cyclically Adjusted PB Ratio Chart

Global Education Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 3.36 10.98

Global Education Quarterly Data
Sep18 Mar19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 10.98 - - -

Competitive Comparison of Global Education's Cyclically Adjusted PB Ratio

For the Education & Training Services subindustry, Global 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.


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

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

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



Global 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=244.20/14.16
=17.25

* 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.

Global Education's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Global Education's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=32.081/146.8646*146.8646
=32.081

Current CPI (Mar23) = 146.8646.

Global Education Annual Data

Book Value per Share CPI Adj_Book
201303 0.203 85.687 0.348
201403 0.672 91.425 1.079
201503 1.207 97.163 1.824
201603 2.604 102.518 3.730
201803 12.356 109.786 16.529
201903 14.858 118.202 18.461
202003 18.194 124.705 21.427
202103 19.568 131.771 21.809
202203 22.942 138.822 24.271
202303 32.081 146.865 32.081

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.


Global Education  (NSE:GLOBAL) 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.


Global Education Cyclically Adjusted PB Ratio Related Terms

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


Global Education (NSE:GLOBAL) Business Description

Traded in Other Exchanges
N/A
Address
345, Kingsway, 4th Floor, Usha Complex, Nagpur, MH, IND, 440001
Global Education Ltd is a service provider for educational support and related activities. It operates in two segments, namely, Educational Training and Development Activities and Educational Business Support Activities. The company offers professional training and skill development to corporates, teachers, and students for human capital development and other business support services to educational institutions. The company earns its major revenue from the Educational Business Support Activities segment.

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