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Adtalem Global Education (Adtalem Global Education) Cyclically Adjusted PS Ratio : 2.40 (As of May. 24, 2024)


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What is Adtalem Global Education Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Adtalem Global Education's current share price is $65.42. Adtalem Global Education's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $27.22. Adtalem Global Education's Cyclically Adjusted PS Ratio for today is 2.40.

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

ATGE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.44   Max: 2.4
Current: 2.39

During the past years, Adtalem Global Education's highest Cyclically Adjusted PS Ratio was 2.40. The lowest was 0.62. And the median was 1.44.

ATGE's Cyclically Adjusted PS Ratio is ranked worse than
72.03% of 143 companies
in the Education industry
Industry Median: 1.08 vs ATGE: 2.39

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.

Adtalem Global Education's adjusted revenue per share data for the three months ended in Mar. 2024 was $10.411. 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 $27.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Adtalem Global Education Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Adtalem Global 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.

Adtalem Global Education Cyclically Adjusted PS Ratio Chart

Adtalem Global Education Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.66 1.21 1.41 1.35 1.29

Adtalem Global 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 1.46 1.29 1.60 2.21 1.89

Competitive Comparison of Adtalem Global Education's Cyclically Adjusted PS Ratio

For the Education & Training Services subindustry, Adtalem Global 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.


Adtalem Global Education's Cyclically Adjusted PS Ratio Distribution in the Education Industry

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

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



Adtalem Global 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=65.42/27.22
=2.40

* 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.

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

For example, Adtalem Global 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)
=10.411/131.7762*131.7762
=10.411

Current CPI (Mar. 2024) = 131.7762.

Adtalem Global Education Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.443 100.560 9.754
201409 7.062 100.428 9.266
201412 7.406 99.070 9.851
201503 7.505 99.621 9.927
201506 7.291 100.684 9.543
201509 6.819 100.392 8.951
201512 7.056 99.792 9.317
201603 7.369 100.470 9.665
201606 -4.555 101.688 -5.903
201609 7.041 101.861 9.109
201612 5.216 101.863 6.748
201703 5.177 102.862 6.632
201706 3.311 103.349 4.222
201709 4.621 104.136 5.848
201712 4.969 104.011 6.295
201803 5.004 105.290 6.263
201806 0.792 106.317 0.982
201809 3.871 106.507 4.789
201812 4.233 105.998 5.262
201903 4.400 107.251 5.406
201906 4.611 108.070 5.622
201909 4.535 108.329 5.517
201912 4.904 108.420 5.960
202003 5.092 108.902 6.162
202006 1.409 108.767 1.707
202009 5.081 109.815 6.097
202012 4.470 109.897 5.360
202103 4.504 111.754 5.311
202106 4.292 114.631 4.934
202109 5.821 115.734 6.628
202112 7.389 117.630 8.278
202203 7.378 121.301 8.015
202206 7.983 125.017 8.415
202209 7.645 125.227 8.045
202212 7.867 125.222 8.279
202303 8.058 127.348 8.338
202306 8.262 128.729 8.458
202309 8.744 129.860 8.873
202312 9.641 129.419 9.817
202403 10.411 131.776 10.411

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.


Adtalem Global Education  (NYSE:ATGE) 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.


Adtalem Global Education Cyclically Adjusted PS Ratio Related Terms

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


Adtalem Global Education (Adtalem Global Education) Business Description

Traded in Other Exchanges
Address
500 West Monroe Street, Suite 28, Chicago, IL, USA, 60661
Adtalem Global Education Inc is an American for-profit educational company that operates various university and educational programs. The company runs eight colleges and universities that specialize in business, medicine, education, and nursing degree programs. DeVry Education Group has over 90 campuses as well as online courses that offer associate, bachelor, and postgraduate degrees. Enrollment in its business colleges represents almost half of overall student enrollment, followed by technology and healthcare. The company derives the majority of its revenue from student enrollment fees using federal financial aid programs such as Pell Fund grants.
Executives
Maurice Herrera officer: Chief Marketing Officer 500 W. MONROE, 28TH FLOOR, CHICAGO IL 60661
Blake Simpson officer: SVP, Chief Comms Officer 500 W. MONROE, SUITE 1300, CHICAGO IL 60661
Lisa W Wardell director 5900 RYLAND DRIVE, BETHESDA MD 20817
Manjunath Gangadharan officer: VP, Chief Accounting Officer 600 WEST CHICAGO AVE., STE 400, CHICAGO IL 60654
William W Burke director 3868 MOCKINGBIRD LN, DALLAS TX 75205
Lyle Logan director ONE TOWER LANE, OAKBROOK TERRACE IL 60181
Evan Trent officer: SVP, Chief Strat. & Transform 500 W. MONROE, 28TH FLOOR, CHICAGO IL 60661
William V Krehbiel director 500 W. MONROE, CHICAGO IL 60661
James Raymond Bartholomew officer: President, DeVry University 2449 MARCY AVENUE, EVANSTON IL 60201
Michael Betz officer: President, Walden University 500 W. MONROE, 28TH FLOOR, CHICAGO IL 60661
Cheryl James officer: SVP, CHRO 500 W. MONROE, 28TH FLOOR, CHICAGO IL 60661
Sharon O'keefe director C/O VOCERA COMMUNICATIONS, INC., 525 RACE STREET, SAN JOSE CA 95126
Michael W Malafronte director INTERNATIONAL VALUE ADVISERS, LLC, 717 FIFTH AVE, 10TH FLOOR, NEW YORK NY 10022
Georgette D. Kiser director 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Kenneth J Phelan director HUNTINGTON BANCSHARES INCORPORATED, 41 S. HIGH STREET, COLUMBUS OH 43215

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