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Chegg (STU:0CG) Cyclically Adjusted PS Ratio : 0.79 (As of May. 26, 2024)


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What is Chegg Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Chegg's current share price is €3.4945. Chegg's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €4.40. Chegg's Cyclically Adjusted PS Ratio for today is 0.79.

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

STU:0CG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.77   Med: 4.32   Max: 17.37
Current: 0.77

During the past years, Chegg's highest Cyclically Adjusted PS Ratio was 17.37. The lowest was 0.77. And the median was 4.32.

STU:0CG's Cyclically Adjusted PS Ratio is ranked better than
65.73% of 143 companies
in the Education industry
Industry Median: 1.07 vs STU:0CG: 0.77

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Chegg's adjusted revenue per share data for the three months ended in Mar. 2024 was €1.567. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €4.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chegg Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Chegg's Cyclically Adjusted PS 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 PS Ratio Chart

Chegg Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 7.56 5.73 2.44

Chegg Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS 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 3.61 1.93 1.91 2.44 1.58

Competitive Comparison of Chegg's Cyclically Adjusted PS Ratio

For the Education & Training Services subindustry, Chegg's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 PS Ratio Distribution in the Education Industry

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

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



Chegg Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.4945/4.4
=0.79

* 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 Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.567/131.7762*131.7762
=1.567

Current CPI (Mar. 2024) = 131.7762.

Chegg Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.570 100.560 0.747
201409 0.756 100.428 0.992
201412 0.816 99.070 1.085
201503 0.925 99.621 1.224
201506 0.689 100.684 0.902
201509 0.826 100.392 1.084
201512 0.711 99.792 0.939
201603 0.672 100.470 0.881
201606 0.522 101.688 0.676
201609 0.698 101.861 0.903
201612 0.653 101.863 0.845
201703 0.631 102.862 0.808
201706 0.527 103.349 0.672
201709 0.510 104.136 0.645
201712 0.570 104.011 0.722
201803 0.563 105.290 0.705
201806 0.564 106.317 0.699
201809 0.557 106.507 0.689
201812 0.730 105.998 0.908
201903 0.739 107.251 0.908
201906 0.699 108.070 0.852
201909 0.712 108.329 0.866
201912 0.932 108.420 1.133
202003 0.973 108.902 1.177
202006 1.015 108.767 1.230
202009 1.036 109.815 1.243
202012 1.311 109.897 1.572
202103 1.240 111.754 1.462
202106 0.979 114.631 1.125
202109 0.996 115.734 1.134
202112 1.286 117.630 1.441
202203 1.378 121.301 1.497
202206 1.232 125.017 1.299
202209 1.124 125.227 1.183
202212 1.329 125.222 1.399
202303 1.410 127.348 1.459
202306 1.270 128.729 1.300
202309 1.282 129.860 1.301
202312 1.160 129.419 1.181
202403 1.567 131.776 1.567

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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  (STU:0CG) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Chegg Cyclically Adjusted PS Ratio Related Terms

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


Chegg (STU:0CG) 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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