Sunlands Technology Group (STU:S790) Cyclically Adjusted PB Ratio: (As of Sep. 03, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:S790 Sunlands Technology Group STU:S790
55 GF Score
Price €2.42
GF Value €4.88
Valuation Possible Value Trap
! 2 Warning Signs
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What is Sunlands Technology Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sunlands Technology Group  (STU:S790) 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.


Sunlands Technology Group Cyclically Adjusted PB Ratio Related Terms


Sunlands Technology Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sunlands Technology Group'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.

Sunlands Technology Group Cyclically Adjusted PB Ratio Chart

Sunlands Technology Group 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 0.00 0.00 0.00 0.00 0.00

Sunlands Technology Group 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 0.00 0.00 0.00 0.00 0.00

STU:S790 vs RYET, GNS, AACG: Cyclically Adjusted PB Ratio Comparison

For the Education & Training Services subindustry, Sunlands Technology Group'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.


Sunlands Technology Group Cyclically Adjusted PB Ratio vs Education Industry

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

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


STU:S790
55GF Score
Sunlands Technology Group STU:S790
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sunlands Technology Group 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.

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

For example, Sunlands Technology Group'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)
=10.74/116.0564*116.0564
=10.740

Current CPI (Jun. 2026) = 116.0564.

Sunlands Technology Group Quarterly Data

Book Value per Share CPI Adj_Book
201512 -3.835 100.600 -4.424
201612 -8.826 102.600 -9.984
201703 0.000 103.200 0.000
201706 -10.620 103.100 -11.955
201709 0.000 104.100 0.000
201712 -15.250 104.500 -16.936
201803 2.136 105.300 2.354
201806 0.415 104.900 0.459
201809 -1.187 106.600 -1.292
201812 -3.154 106.500 -3.437
201903 -4.872 107.700 -5.250
201906 -4.625 107.700 -4.984
201909 -5.283 109.800 -5.584
201912 -6.951 111.200 -7.255
202003 -7.467 112.300 -7.717
202006 -8.745 110.400 -9.193
202009 -10.299 111.700 -10.701
202012 -11.316 111.500 -11.778
202103 -12.099 112.662 -12.464
202106 -11.981 111.769 -12.441
202109 -11.287 112.215 -11.673
202112 -10.514 113.108 -10.788
202203 -8.961 114.335 -9.096
202206 -7.406 114.558 -7.503
202209 -5.563 115.339 -5.598
202212 -3.660 115.116 -3.690
202303 -1.925 115.116 -1.941
202306 0.050 114.558 0.051
202309 1.294 115.339 1.302
202312 2.593 114.781 2.622
202403 3.714 115.227 3.741
202406 4.522 114.781 4.572
202409 5.143 115.785 5.155
202412 5.835 114.893 5.894
202503 6.246 115.116 6.297
202506 7.075 114.907 7.146
202509 8.167 115.471 8.208
202512 8.560 115.832 8.577
202603 9.439 116.303 9.419
202606 10.740 116.056 10.740

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.

Is Sunlands Technology Group (STU:S790) Overvalued in 2026?

Based on GuruFocus' analysis, Sunlands Technology Group stock appears to be undervalued. The current stock price of €2.42 is trading 50.4% below its estimated GF Value™ of €4.88. GuruFocus considers Sunlands Technology Group to be Possible Value Trap.

Key valuation signals for STU:S790:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €4.88 vs. price of €2.42 (50.4% below fair value)
  • GF Score™: 55/100 with 2 warning signs

No single metric tells the full story. See the STU:S790 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sunlands Technology Group Business Description

Other Exchanges STG:USA
Address No. 36 Chuangyuan Road, Building 6, Chaolai Science Park, Chaoyang District, Beijing, CHN, 100012
Sunlands Technology Group operates in China's adult online education market and adult personal interest learning market through its online platforms. The Group has a deep understanding of the educational needs of its prospective students and offers solutions to help them achieve their goals. It provides online professional courses and educational content, including interest, professional skills, professional certification preparation courses, and degree- or diploma-oriented post-secondary courses. The Group adopts a counseling-oriented sales and marketing approach to offer education solutions based on students' backgrounds and goals, delivering adult online education and personal interest learning through extensive course and content offerings.
55GF Score

Get the complete analysis for STU:S790

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

€2.42
Price
€4.88
GF Value