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Everybody Loves Languages (TSXV:ELL) Cyclically Adjusted PB Ratio : (As of May. 27, 2024)


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What is Everybody Loves Languages Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Everybody Loves Languages Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Everybody Loves Languages'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.

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Everybody Loves Languages Cyclically Adjusted PB Ratio Chart

Everybody Loves Languages Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PB Ratio
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Everybody Loves Languages Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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Competitive Comparison of Everybody Loves Languages's Cyclically Adjusted PB Ratio

For the Education & Training Services subindustry, Everybody Loves Languages'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.


Everybody Loves Languages's Cyclically Adjusted PB Ratio Distribution in the Education Industry

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

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



Everybody Loves Languages 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.

Everybody Loves Languages's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2021 is calculated as:

For example, Everybody Loves Languages's adjusted Book Value per Share data for the three months ended in Sep. 2021 was:

Adj_Book=Book Value per Share/CPI of Sep. 2021 (Change)*Current CPI (Sep. 2021)
=0.051/112.9049*112.9049
=0.051

Current CPI (Sep. 2021) = 112.9049.

Everybody Loves Languages Quarterly Data

Book Value per Share CPI Adj_Book
201112 0.071 94.970 0.084
201203 0.041 96.155 0.048
201206 0.038 96.076 0.045
201209 0.015 96.392 0.018
201212 0.020 95.760 0.024
201303 0.002 97.103 0.002
201306 0.008 97.182 0.009
201309 -0.002 97.419 -0.002
201312 0.023 96.945 0.027
201403 0.015 98.604 0.017
201406 0.024 99.473 0.027
201409 0.016 99.394 0.018
201412 0.033 98.367 0.038
201503 0.034 99.789 0.038
201506 0.088 100.500 0.099
201509 0.112 100.421 0.126
201512 0.137 99.947 0.155
201603 0.153 101.054 0.171
201606 0.199 102.002 0.220
201609 0.183 101.765 0.203
201612 0.181 101.449 0.201
201703 0.182 102.634 0.200
201706 0.184 103.029 0.202
201709 0.171 103.345 0.187
201712 0.016 103.345 0.017
201803 0.001 105.004 0.001
201806 0.016 105.557 0.017
201809 0.012 105.636 0.013
201812 0.016 105.399 0.017
201903 0.007 106.979 0.007
201906 0.020 107.690 0.021
201909 0.011 107.611 0.012
201912 0.022 107.769 0.023
202003 0.033 107.927 0.035
202006 0.049 108.401 0.051
202009 0.038 108.164 0.040
202012 0.053 108.559 0.055
202103 0.045 110.298 0.046
202106 0.058 111.720 0.059
202109 0.051 112.905 0.051

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.


Everybody Loves Languages  (TSXV:ELL) 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.


Everybody Loves Languages Cyclically Adjusted PB Ratio Related Terms

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Everybody Loves Languages (TSXV:ELL) Business Description

Traded in Other Exchanges
N/A
Address
20 Bay Street, 11th Floor, Toronto, ON, CAN, M5J 2N8
Everybody Loves Languages Corp is an Ed-tech language-learning and content development company empowering language educators to easily transition from traditional teaching methods to digital learning by integrating education, edutainment, and technology. It has two business segments; The license of intellectual property: Lingo Learning is a content-based publisher of English language learning textbook programs in China. It earns royalties from Licensing Sales compared to Finished Product Sales, and Online and Offline Language Learning; a web-based educational technology language learning, training, and assessment company. The Company provides the right to access to hosted software over a contract term without the customer taking possession of the software.

Everybody Loves Languages (TSXV:ELL) Headlines

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