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Franklin Covey Co (Franklin Covey Co) Cyclically Adjusted PB Ratio : 5.53 (As of Apr. 28, 2024)


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What is Franklin Covey Co Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Franklin Covey Co's current share price is $39.54. Franklin Covey Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was $7.15. Franklin Covey Co's Cyclically Adjusted PB Ratio for today is 5.53.

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

FC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.35   Med: 3.93   Max: 7.53
Current: 5.53

During the past years, Franklin Covey Co's highest Cyclically Adjusted PB Ratio was 7.53. The lowest was 2.35. And the median was 3.93.

FC's Cyclically Adjusted PB Ratio is ranked worse than
90.48% of 126 companies
in the Education industry
Industry Median: 1.295 vs FC: 5.53

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.

Franklin Covey Co's adjusted book value per share data for the three months ended in Feb. 2024 was $5.343. 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 $7.15 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Franklin Covey Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Franklin Covey Co'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.

Franklin Covey Co Cyclically Adjusted PB Ratio Chart

Franklin Covey Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.84 3.09 6.51 6.61 5.83

Franklin Covey Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 6.43 5.05 5.83 5.37 5.34

Competitive Comparison of Franklin Covey Co's Cyclically Adjusted PB Ratio

For the Education & Training Services subindustry, Franklin Covey Co'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.


Franklin Covey Co's Cyclically Adjusted PB Ratio Distribution in the Education Industry

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

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



Franklin Covey Co 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.

Franklin Covey Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=39.54/7.15
=5.53

* 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.

Franklin Covey Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Franklin Covey Co's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=5.343/129.4194*129.4194
=5.343

Current CPI (Feb. 2024) = 129.4194.

Franklin Covey Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 6.721 100.373 8.666
201408 7.547 100.352 9.733
201411 7.640 99.635 9.924
201502 7.604 99.032 9.937
201505 7.483 100.333 9.652
201508 7.773 100.548 10.005
201511 7.863 100.135 10.163
201602 6.525 100.040 8.441
201605 6.467 101.355 8.258
201608 6.829 101.617 8.697
201611 6.586 101.829 8.370
201702 6.329 102.779 7.970
201705 6.074 103.256 7.613
201708 6.236 103.587 7.791
201711 5.925 104.072 7.368
201802 5.791 105.052 7.134
201805 5.638 106.148 6.874
201808 5.793 106.383 7.047
201811 5.526 106.338 6.725
201902 5.380 106.649 6.529
201905 5.313 108.048 6.364
201908 5.871 108.245 7.019
201911 5.976 108.519 7.127
202002 5.266 109.139 6.245
202005 4.117 108.175 4.926
202008 4.283 109.662 5.055
202011 4.188 109.793 4.937
202102 4.175 110.968 4.869
202105 5.251 113.576 5.983
202108 5.637 115.421 6.321
202111 5.737 117.269 6.331
202202 6.012 119.703 6.500
202205 5.416 123.323 5.684
202208 5.978 124.958 6.191
202211 6.452 125.607 6.648
202302 6.601 126.928 6.731
202305 5.649 128.314 5.698
202308 6.012 129.538 6.007
202311 5.310 129.548 5.305
202402 5.343 129.419 5.343

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.


Franklin Covey Co  (NYSE:FC) 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.


Franklin Covey Co Cyclically Adjusted PB Ratio Related Terms

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


Franklin Covey Co (Franklin Covey Co) Business Description

Traded in Other Exchanges
N/A
Address
2200 West Parkway Boulevard, Salt Lake City, UT, USA, 84119-2331
Franklin Covey Co is a global company focused on organizational performance improvement. It focuses on providing time management and effectiveness training for individuals and corporations via online training as well as in-person workshops and events. The company provides training and consulting services in the areas of leadership, execution, productivity, trust, sales performance, customer loyalty, and educational improvement. It operates in the business segments of Direct Offices, Education practice, and International Licensees. The company derives revenue from providing training and consulting services, and through the selling of books, audio media, and other related products. It has a business presence in the United States and other international countries.
Executives
Meisha Sherman officer: CPO 2200 WEST PARKWAY BLVD., SALT LAKE CITY UT 84119-2099
Jennifer C. Colosimo officer: President, Enterprise Division 2200 WEST PARKWAY BLVD., SALT LAKE CITY UT 84119
Efrain Rivera director 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Paul S Walker director, officer: CEO, Director 2200 WEST PARKWAY BLVD., SALT LAKE CITY UT 84119
Covey Michael Sean Merrill officer: President, Education Division 2200 WEST PARKWAY BLVD., SALT LAKE CITY UT 84119
Dom Colleen D officer: COO 2200 WEST PARKWAY BLVD, SALT LAKE CITY UT 84119
Craig Cuffie director 2200 WEST PARKWAY BOULEVARD, SALT LAKE CITY UT 84119
Esther Kay Stepp director
Nancy R Phillips director 1515 BROADWAY, NEW YORK NY 10036
Michael Fung director 2200 WEST PARKWAY BLVD, SALT LAKE CITY UT 84119
Donald J Mcnamara director 4200 TEXAS COMMERCE TOWER WEST, 2200 ROSS AVE SUITE 4200, DALLAS TX 75201
Knowledge Capital Investment Group 10 percent owner 4200 CHASE TOWER WEST, 2200 ROSS AVENUE, DALLAS TX 75201
Van Bever Derek C M director 2200 WEST PARKWAY BLVD., SALT LAKE CITY UT 84119
Scott Jeffery Miller officer: EVP Bus Development/Marketing 2200 WEST PARKWAY BLVD., SALT LAKE CITY UT 84119
Joel Clinton Peterson director C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101