GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Learning Tree International Inc (OTCPK:LTRE) » Definitions » Cyclically Adjusted PB Ratio

Learning Tree International (Learning Tree International) Cyclically Adjusted PB Ratio : (As of Apr. 27, 2024)


View and export this data going back to 1995. Start your Free Trial

What is Learning Tree International Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Learning Tree International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Learning Tree International'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.

Learning Tree International Cyclically Adjusted PB Ratio Chart

Learning Tree International Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Learning Tree International Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 - - - - -

Competitive Comparison of Learning Tree International's Cyclically Adjusted PB Ratio

For the Education & Training Services subindustry, Learning Tree International'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.


Learning Tree International's Cyclically Adjusted PB Ratio Distribution in the Education Industry

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

* The bar in red indicates where Learning Tree International's Cyclically Adjusted PB Ratio falls into.



Learning Tree International 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.

Learning Tree International's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2018 is calculated as:

For example, Learning Tree International's adjusted Book Value per Share data for the three months ended in Sep. 2018 was:

Adj_Book=Book Value per Share/CPI of Sep. 2018 (Change)*Current CPI (Sep. 2018)
=-1.052/106.5067*106.5067
=-1.052

Current CPI (Sep. 2018) = 106.5067.

Learning Tree International Quarterly Data

Book Value per Share CPI Adj_Book
200812 4.866 88.697 5.843
200903 4.637 89.744 5.503
200906 4.723 91.003 5.528
200909 4.509 91.120 5.270
200912 4.651 91.111 5.437
201003 4.496 91.821 5.215
201006 4.689 91.962 5.431
201009 2.494 92.162 2.882
201012 2.707 92.474 3.118
201103 2.660 94.283 3.005
201106 2.729 95.235 3.052
201109 2.801 95.727 3.116
201112 2.933 95.213 3.281
201203 2.800 96.783 3.081
201206 2.196 96.819 2.416
201209 1.818 97.633 1.983
201212 1.743 96.871 1.916
201303 1.389 98.209 1.506
201306 1.294 98.518 1.399
201309 1.189 98.790 1.282
201312 1.244 98.326 1.348
201403 0.913 99.695 0.975
201406 0.730 100.560 0.773
201409 1.195 100.428 1.267
201412 1.070 99.070 1.150
201503 0.490 99.621 0.524
201506 0.185 100.684 0.196
201509 0.230 100.392 0.244
201512 0.045 99.792 0.048
201603 -0.351 100.470 -0.372
201606 -0.571 101.688 -0.598
201609 -0.740 101.861 -0.774
201612 -0.798 101.863 -0.834
201703 -0.965 102.862 -0.999
201706 -1.015 103.349 -1.046
201709 -0.894 104.136 -0.914
201712 -0.859 104.011 -0.880
201803 -1.033 105.290 -1.045
201806 -1.070 106.317 -1.072
201809 -1.052 106.507 -1.052

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.


Learning Tree International  (OTCPK:LTRE) 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.


Learning Tree International Cyclically Adjusted PB Ratio Related Terms

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


Learning Tree International (Learning Tree International) Business Description

Traded in Other Exchanges
N/A
Address
13650 Dulles Technology Drive, Suite 400, Herndon, VA, USA, 20171
Learning Tree International Inc provides education and training in information technology. Its proprietary library of course titles focuses on client-server systems, computer networks, operating systems, databases, programming, graphical user interfaces, object-oriented technology, and IT management. Its courses are offered in hotels, conference facilities, and customer sites.
Executives
Alimco Financial Corp other: See Remarks 2336 S.E. OCEAN BOULEVARD SUITE 400, STUART FL 34996
Gracia C Martore director C/O OMNICOM GROUP INC., 437 MADISON AVENUE, NEW YORK NY 10022
Neil S Subin 10 percent owner 2336 S.E. OCEAN BOULEVARD, #400, STUART FL 34996
Osmium Capital Lp 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Osmium Partners, Llc 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Osmium Spartan L P 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
John Hartnett Lewis 10 percent owner 388 MARKET STREET, SUITE 920, SAN FRANCISCO CA 94111
Osmium Capital Ii, Lp 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Sarah Fisher Gardial director PO BOX 73909, CEDAR RAPIDS IA 52407-3909
Miller Lloyd I Iii 10 percent owner
Curtis A Hessler director 1805 LIBRARY STREET, SUITE 300, RESTON VA 20190
Bain Howard A Iii director 10200 S DEANZA BLVD, CUPERTINO CA 95014
George T Robson director 1805 LIBRARY STREET, RESTON VA 20190
Godbold Wilford D Jr director 5818 EL CAMINO REAL, CARLSBAD CA 92008

Learning Tree International (Learning Tree International) Headlines