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Grand Canyon Education (Grand Canyon Education) Cyclically Adjusted Price-to-FCF : 32.67 (As of Apr. 28, 2024)


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What is Grand Canyon Education Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Grand Canyon Education's current share price is $131.98. Grand Canyon Education's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $4.04. Grand Canyon Education's Cyclically Adjusted Price-to-FCF for today is 32.67.

The historical rank and industry rank for Grand Canyon Education's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

LOPE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 25.08   Med: 66.3   Max: 1390.2
Current: 32.69

During the past years, Grand Canyon Education's highest Cyclically Adjusted Price-to-FCF was 1390.20. The lowest was 25.08. And the median was 66.30.

LOPE's Cyclically Adjusted Price-to-FCF is ranked worse than
76.12% of 67 companies
in the Education industry
Industry Median: 13.21 vs LOPE: 32.69

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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Grand Canyon Education's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $3.560. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $4.04 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grand Canyon Education Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Grand Canyon Education's Cyclically Adjusted Price-to-FCF 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.

Grand Canyon Education Cyclically Adjusted Price-to-FCF Chart

Grand Canyon Education Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.95 48.65 31.80 31.68 32.70

Grand Canyon Education Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF 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 31.68 32.32 26.53 31.80 32.70

Competitive Comparison of Grand Canyon Education's Cyclically Adjusted Price-to-FCF

For the Education & Training Services subindustry, Grand Canyon Education's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.


Grand Canyon Education's Cyclically Adjusted Price-to-FCF Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Grand Canyon Education's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Grand Canyon Education's Cyclically Adjusted Price-to-FCF falls into.



Grand Canyon Education Cyclically Adjusted Price-to-FCF Calculation

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

Grand Canyon Education's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=131.98/4.04
=32.67

* 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.

Grand Canyon Education's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Grand Canyon Education's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3.56/129.4194*129.4194
=3.560

Current CPI (Dec. 2023) = 129.4194.

Grand Canyon Education Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.565 99.695 0.733
201406 -0.405 100.560 -0.521
201409 0.172 100.428 0.222
201412 -0.364 99.070 -0.476
201503 0.476 99.621 0.618
201506 -1.115 100.684 -1.433
201509 0.624 100.392 0.804
201512 -0.687 99.792 -0.891
201603 0.628 100.470 0.809
201606 -1.220 101.688 -1.553
201609 0.884 101.861 1.123
201612 -0.317 101.863 -0.403
201703 1.665 102.862 2.095
201706 -0.129 103.349 -0.162
201709 2.286 104.136 2.841
201712 -0.067 104.011 -0.083
201803 1.729 105.290 2.125
201806 -0.396 106.317 -0.482
201809 -1.207 106.507 -1.467
201812 2.030 105.998 2.479
201903 1.483 107.251 1.790
201906 2.232 108.070 2.673
201909 0.006 108.329 0.007
201912 2.160 108.420 2.578
202003 1.666 108.902 1.980
202006 2.738 108.767 3.258
202009 -1.083 109.815 -1.276
202012 2.598 109.897 3.060
202103 1.746 111.754 2.022
202106 2.489 114.631 2.810
202109 -0.162 115.734 -0.181
202112 2.438 117.630 2.682
202203 1.816 121.301 1.938
202206 2.116 125.017 2.191
202209 -1.496 125.227 -1.546
202212 3.287 125.222 3.397
202303 1.768 127.348 1.797
202306 2.802 128.729 2.817
202309 -1.563 129.860 -1.558
202312 3.560 129.419 3.560

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF 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.


Grand Canyon Education  (NAS:LOPE) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow 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 Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Grand Canyon Education Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Grand Canyon Education's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Grand Canyon Education (Grand Canyon Education) Business Description

Traded in Other Exchanges
Address
2600 West Camelback Road, Phoenix, AZ, USA, 85017
Grand Canyon Education, Inc is a publicly traded education services company dedicated to serving colleges and universities. GCE's most significant university partner is Grand Canyon University, an Arizona non-profit corporation that operates a comprehensive regionally accredited university that offers graduate and undergraduate degree programs, emphases and certificates across nine colleges both online, on ground at its campus in Phoenix, Arizona and at four off-site classroom and laboratory sites. The Company generates all of its revenue through services agreements with its university partners.
Executives
Jack A Henry director C/O SIERRA BLANCA VENTURES, 1211 E. MISSOURI AVENUE, SUITE 222, PHOENIX AZ 85014
Lisa Graham Keegan director 2600 W. CAMELBACK ROAD, PHOENIX AZ 85017
Lori Browning officer: Chief Accounting Officer 2600 W. CAMELBACK ROAD, PHOENIX AZ 85017
Kathy J. Claypatch officer: Chief Information Officer 2600 W. CAMELBACK ROAD, PHOENIX AZ 85017
Sara R. Dial director 3300 W. CAMELBACK ROAD, SCOTTSDALE AZ 85017
David Adame director 2600 W. CAMELBACK ROAD, PHOENIX AZ 85017
Brian E Mueller officer: Chief Executive Officer 3300 W. CAMELBACK ROAD, PHOENIX AZ 85017
William Stan Meyer officer: Executive Vice President 3300 W. CAMELBACK ROAD, PHOENIX AZ 85017
Joseph N Mildenhall officer: Chief Information Officer 3300 W. CAMELBACK AVENUE, PHOENIX AZ 85017
Daniel E Bachus officer: Chief Financial Officer 3300 W. CAMELBACK ROAD, PHOENIX AZ 85017
Dilek Marsh officer: Chief Data Officer 2600 W. CAMELBACK ROAD, PHOENIX AZ 85017
Daniel J. Briggs officer: Orbis Education, CEO 2600 WEST CAMELBACK ROAD, PHOENIX AZ 85017
Chevy Humphrey director 2600 W. CAMELBACK ROAD, PHOENIX AZ 85017
Brian M Roberts officer: General Counsel 18835 N. THOMPSON PEAK PARKWAY, SUITE 300 & 380, SCOTTSDALE AZ 85255
Brent D. Richardson director, 10 percent owner, officer: Executive Chairman 3300 W. CAMELBACK ROAD, PHOENIX AZ 85017