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Perdoceo Education (Perdoceo Education) Cyclically Adjusted PS Ratio : 1.97 (As of May. 15, 2024)


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What is Perdoceo Education Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Perdoceo Education's current share price is $23.66. Perdoceo Education's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $11.99. Perdoceo Education's Cyclically Adjusted PS Ratio for today is 1.97.

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

PRDO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.79   Max: 2.03
Current: 1.97

During the past years, Perdoceo Education's highest Cyclically Adjusted PS Ratio was 2.03. The lowest was 0.12. And the median was 0.79.

PRDO's Cyclically Adjusted PS Ratio is ranked worse than
63.12% of 141 companies
in the Education industry
Industry Median: 1.09 vs PRDO: 1.97

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.

Perdoceo Education's adjusted revenue per share data for the three months ended in Mar. 2024 was $2.517. 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 $11.99 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Perdoceo Education Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Perdoceo Education'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.

Perdoceo Education Cyclically Adjusted PS Ratio Chart

Perdoceo Education 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 1.18 0.92 0.91 1.10 1.45

Perdoceo Education 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 1.06 0.98 1.38 1.45 1.46

Competitive Comparison of Perdoceo Education's Cyclically Adjusted PS Ratio

For the Education & Training Services subindustry, Perdoceo Education'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.


Perdoceo Education's Cyclically Adjusted PS Ratio Distribution in the Education Industry

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

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



Perdoceo Education 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.

Perdoceo Education's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23.66/11.99
=1.97

* 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.

Perdoceo Education's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Perdoceo Education'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)
=2.517/129.4194*129.4194
=2.517

Current CPI (Mar. 2024) = 129.4194.

Perdoceo Education Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.772 100.560 3.568
201409 2.720 100.428 3.505
201412 5.151 99.070 6.729
201503 3.361 99.621 4.366
201506 3.194 100.684 4.106
201509 2.994 100.392 3.860
201512 2.860 99.792 3.709
201603 2.891 100.470 3.724
201606 2.646 101.688 3.368
201609 2.449 101.861 3.112
201612 2.266 101.863 2.879
201703 2.305 102.862 2.900
201706 2.063 103.349 2.583
201709 2.046 104.136 2.543
201712 2.071 104.011 2.577
201803 2.082 105.290 2.559
201806 1.985 106.317 2.416
201809 2.029 106.507 2.465
201812 2.031 105.998 2.480
201903 2.208 107.251 2.664
201906 2.232 108.070 2.673
201909 2.148 108.329 2.566
201912 2.181 108.420 2.603
202003 2.384 108.902 2.833
202006 2.483 108.767 2.954
202009 2.382 109.815 2.807
202012 2.402 109.897 2.829
202103 2.569 111.754 2.975
202106 2.449 114.631 2.765
202109 2.435 115.734 2.723
202112 2.298 117.630 2.528
202203 2.630 121.301 2.806
202206 2.424 125.017 2.509
202209 2.457 125.227 2.539
202212 2.563 125.222 2.649
202303 2.855 127.348 2.901
202306 2.722 128.729 2.737
202309 2.681 129.860 2.672
202312 2.205 129.419 2.205
202403 2.517 129.419 2.517

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.


Perdoceo Education  (NAS:PRDO) 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.


Perdoceo Education Cyclically Adjusted PS Ratio Related Terms

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


Perdoceo Education (Perdoceo Education) Business Description

Traded in Other Exchanges
Address
1750 E. Golf Road, Schaumburg, IL, USA, 60173
Perdoceo Education Corp is an American for-profit education company that focuses on quality postsecondary education online to a diverse student population, along with campus-based and blended learning programs. The company's important segment is its online universities, which include the American InterContinental University, and Colorado Technical University. These online universities provide undergraduate, graduate, and doctoral degree programs focusing on business, technology, management, and social services. Career Education Corporation is focusing on its online universities as it continues to reduce its on-campus program offerings. The majority of the company's revenue comes from the Colorado Technical University segment.
Executives
Todd S Nelson director, officer: President & CEO PERDOCEO EDUCATION CORPORATION, 1750 E. GOLF ROAD, SCHAUMBURG IL 60173
John Robert Kline officer: SVP, AIU PERDOCEO EDUCATION CORPORATION, 1750 E. GOLF ROAD, SCHAUMBURG IL 60173
Michele A Peppers officer: Principal Accounting Officer PERDOCEO EDUCATION CORPORATION, 1750 E. GOLF ROAD, SCHAUMBURG IL 60173
Andrew Hurst officer: SVP PERDOCEO EDUCATION CORPORATION, 1750 E. GOLF ROAD, SCHAUMBURG IL 60173
Ashish R Ghia officer: Interim CFO PERDOCEO EDUCATION CORPORATION, 1750 E. GOLF ROAD, SCHAUMBURG IL 60173
David C. Czeszewski officer: SVP, CIO PERDOCEO EDUCATION CORPORATION, 1750 E. GOLF ROAD, SCHAUMBURG IL 60173
Patrick W Gross director
Gregory L. Jackson director 909 MONTGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133
Leslie T Thornton director 3921 COURTLAND CIRCLE, ALEXANDRIA VA 22305
Thomas B Lally director 231 N. MARTINGALE ROAD, SCHAUMBURG IL 60173
Elise Baskel officer: SVP, CTU 1750 E. GOLF ROAD, SCHAUMBURG IL 60173
Greg E. Jansen officer: SVP, General Counsel 1750 E. GOLF ROAD, SCHAUMBURG IL 60173
Jeffrey David Ayers officer: SVP PERDOCEO EDUCATION CORPORATION, 231 N. MARTINGALE ROAD, SCHAUMBURG IL 60173
Alan Dupree Wheat director PERDOCEO EDUCATION CORPORATION, 1750 E. GOLF ROAD, SCHAUMBURG IL 60173
Richard D Wang director C/O TENZING GLOBAL MANAGEMENT LLC, 388 MARKET STREET SUITE 860, SAN FRANCISCO CA 94111