Houghton Mifflin Harcourt Co
F:HM0
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P/B
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Valuation Scenarios
If P/B returns to its 3-Year Average (8.1), the stock would be worth €17.74 (8% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 8.7 | €19.2 |
0%
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| 3-Year Average | 8.1 | €17.74 |
-8%
|
| 5-Year Average | 8 | €17.6 |
-8%
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| Industry Average | 2.8 | €6.21 |
-68%
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| Country Average | 2.5 | €5.52 |
-71%
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Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| US |
H
|
Houghton Mifflin Harcourt Co
F:HM0
|
2.5B EUR | 8.7 | 13.5 | |
| ZA |
A
|
Advtech Ltd
JSE:ADH
|
23.6B ZAR | 3.5 | 18.4 | |
| ZA |
S
|
Stadio Holdings Ltd
JSE:SDO
|
10B ZAR | 4.8 | 30.5 | |
| CN |
|
New Oriental Education & Technology Group Inc
NYSE:EDU
|
8.2B USD | 2 | 19.6 | |
| ZA |
C
|
Curro Holdings Ltd
JSE:COH
|
8.1B ZAR | 1.2 | 402.5 | |
| CN |
|
TAL Education Group
NYSE:TAL
|
6.8B USD | 1.8 | 12.8 | |
| US |
|
Graham Holdings Co
NYSE:GHC
|
4.9B USD | 1 | 16.9 | |
| US |
|
Duolingo Inc
NASDAQ:DUOL
|
4.8B USD | 3.6 | 11.6 | |
| US |
|
PowerSchool Holdings Inc
NYSE:PWSC
|
4.7B USD | 3.6 | -83.6 | |
| US |
|
Bright Horizons Family Solutions Inc
NYSE:BFAM
|
4.5B USD | 3.4 | 23.3 | |
| US |
|
Grand Canyon Education Inc
NASDAQ:LOPE
|
4.5B USD | 6 | 20.6 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.5 |
| Median | 2.5 |
| 70th Percentile | 4.8 |
| Max | 147 580.5 |
Other Multiples
Houghton Mifflin Harcourt Co
Glance View
In the world of education publishing, Houghton Mifflin Harcourt Co. (HMH) has carved out a significant niche by producing learning materials that span from pre-kindergarten to adult education. Over its long history, the company has evolved from a traditional textbook publisher into a diversified, digital-first organization. This transition was fueled by the changing landscape of educational needs and technology. Through a blend of printed textbooks and digital content, including interactive learning tools and educational software, HMH supports teachers and learners across a spectrum of subjects. This dual approach allows them to adapt to different learning environments, serving public and private schools while also branching into direct-to-consumer educational products. HMH's revenue model is complex and multifaceted, rooted in contracts with school districts, licensing agreements, and direct sales across both their print and digital offerings. Government funding in the education sector often influences their profitability, as public schools are primary clients. Moreover, HMH has set its eyes on growing its digital revenue share, propelled by schools' increasing adoption of technology for blended and remote learning. They leverage this by offering subscription-based platforms, assessments, and professional learning solutions aimed at improving educational outcomes. In essence, Houghton Mifflin Harcourt Co. has grown into a learning solutions provider that balances innovation with tried-and-true educational content, catering to an ever-evolving academic landscape.