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Redrow (LSE:RDW) Cyclically Adjusted PS Ratio : 1.24 (As of May. 23, 2024)


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What is Redrow Cyclically Adjusted PS Ratio?

As of today (2024-05-23), Redrow's current share price is £7.045. Redrow's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 was £5.68. Redrow's Cyclically Adjusted PS Ratio for today is 1.24.

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

LSE:RDW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.49   Max: 2.53
Current: 1.3

During the past 13 years, Redrow's highest Cyclically Adjusted PS Ratio was 2.53. The lowest was 0.70. And the median was 1.49.

LSE:RDW's Cyclically Adjusted PS Ratio is ranked worse than
71.79% of 78 companies
in the Homebuilding & Construction industry
Industry Median: 0.85 vs LSE:RDW: 1.30

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.

Redrow's adjusted revenue per share data of for the fiscal year that ended in Jun23 was £6.485. 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 £5.68 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Redrow Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Redrow'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.

Redrow Cyclically Adjusted PS Ratio Chart

Redrow 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 1.58 1.17 1.48 1.00 0.78

Redrow Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 1.00 - 0.78 -

Competitive Comparison of Redrow's Cyclically Adjusted PS Ratio

For the Residential Construction subindustry, Redrow'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.


Redrow's Cyclically Adjusted PS Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Redrow's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Redrow 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.

Redrow's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.045/5.68
=1.24

* 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.

Redrow's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Redrow's adjusted Revenue per Share data for the fiscal year that ended in Jun23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=6.485/129.4000*129.4000
=6.485

Current CPI (Jun23) = 129.4000.

Redrow Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.485 99.800 3.222
201506 3.308 100.100 4.276
201606 4.009 101.000 5.136
201706 4.802 103.500 6.004
201806 5.569 105.900 6.805
201906 5.899 107.900 7.074
202006 3.881 108.800 4.616
202106 5.620 111.400 6.528
202206 6.239 120.500 6.700
202306 6.485 129.400 6.485

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.


Redrow  (LSE:RDW) 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.


Redrow Cyclically Adjusted PS Ratio Related Terms

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


Redrow (LSE:RDW) Business Description

Traded in Other Exchanges
Address
Redrow House, St David's Park, Flintshire, GBR, CH5 3RX
Redrow PLC is a British construction company that focuses on residential construction. The company constructs single-family homes, apartments, and townhomes throughout England and Wales. It is one of the largest homebuilders in the region. Redrow operates across five distinct brands that provide various levels of luxury and styling for its customers to choose from. Single-family homes account for the majority of construction revenue, followed by apartment communities. The company operates approx 13 divisions across its regions, with London and surrounding communities providing the largest source of geographic revenue historically. Redrow is also engaged in land development for its future construction projects.

Redrow (LSE:RDW) Headlines

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