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RS Group (LSE:RS1) Cyclically Adjusted PB Ratio : 3.86 (As of May. 28, 2024)


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What is RS Group Cyclically Adjusted PB Ratio?

As of today (2024-05-28), RS Group's current share price is £7.405. RS Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was £1.92. RS Group's Cyclically Adjusted PB Ratio for today is 3.86.

The historical rank and industry rank for RS Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

LSE:RS1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.09   Med: 5.99   Max: 10.79
Current: 3.86

During the past 13 years, RS Group's highest Cyclically Adjusted PB Ratio was 10.79. The lowest was 2.09. And the median was 5.99.

LSE:RS1's Cyclically Adjusted PB Ratio is ranked worse than
81.3% of 123 companies
in the Industrial Distribution industry
Industry Median: 1.31 vs LSE:RS1: 3.86

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

RS Group's adjusted book value per share data of for the fiscal year that ended in Mar24 was £3.022. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is £1.92 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


RS Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for RS Group'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.

RS Group Cyclically Adjusted PB Ratio Chart

RS Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.90 8.53 7.92 5.50 3.79

RS Group Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 7.92 - 5.50 - 3.79

Competitive Comparison of RS Group's Cyclically Adjusted PB Ratio

For the Industrial Distribution subindustry, RS Group'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.


RS Group's Cyclically Adjusted PB Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, RS Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where RS Group's Cyclically Adjusted PB Ratio falls into.



RS Group 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.

RS Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.405/1.92
=3.86

* 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.

RS Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, RS Group's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=3.022/131.6000*131.6000
=3.022

Current CPI (Mar24) = 131.6000.

RS Group Annual Data

Book Value per Share CPI Adj_Book
201503 0.837 99.600 1.106
201603 0.807 100.400 1.058
201703 0.881 102.700 1.129
201803 1.091 105.100 1.366
201903 1.328 107.000 1.633
202003 1.613 108.600 1.955
202103 1.914 109.700 2.296
202203 2.353 116.500 2.658
202303 2.843 126.800 2.951
202403 3.022 131.600 3.022

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.


RS Group  (LSE:RS1) 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.


RS Group Cyclically Adjusted PB Ratio Related Terms

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


RS Group (LSE:RS1) Business Description

Traded in Other Exchanges
Address
Two Pancras Square, Fifth Floor, London, GBR, N1C 4AG
RS Group PLC is a distributor of electronics and industrial products. The company provides semiconductors; interconnect, passives, and electromechanical components; automation and control products; and consumables through its two brands: RS and Allied Electronics. The main customer groups are electronic design engineers, machine and panel builders, and maintenance engineers. Electrocomponents' largest distribution channel is online through e-commerce. Other channels include catalogs, trade counters, and an international field sales network.

RS Group (LSE:RS1) Headlines

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