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Redishred Capital (Redishred Capital) Cyclically Adjusted PS Ratio : 1.23 (As of May. 20, 2024)


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What is Redishred Capital Cyclically Adjusted PS Ratio?

As of today (2024-05-20), Redishred Capital's current share price is $2.05. Redishred Capital's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $1.66. Redishred Capital's Cyclically Adjusted PS Ratio for today is 1.23.

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

RDCPF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.27   Med: 2.89   Max: 5.29
Current: 1.36

During the past years, Redishred Capital's highest Cyclically Adjusted PS Ratio was 5.29. The lowest was 1.27. And the median was 2.89.

RDCPF's Cyclically Adjusted PS Ratio is ranked worse than
62.52% of 691 companies
in the Business Services industry
Industry Median: 0.88 vs RDCPF: 1.36

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.

Redishred Capital's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.685. 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 $1.66 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Redishred Capital Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Redishred Capital'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.

Redishred Capital Cyclically Adjusted PS Ratio Chart

Redishred Capital 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 4.01 2.16 2.99 2.07 1.37

Redishred Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 2.07 1.79 1.92 1.51 1.37

Competitive Comparison of Redishred Capital's Cyclically Adjusted PS Ratio

For the Specialty Business Services subindustry, Redishred Capital'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.


Redishred Capital's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Redishred Capital's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Redishred Capital 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.

Redishred Capital's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.05/1.66
=1.23

* 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.

Redishred Capital's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Redishred Capital's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.685/125.0724*125.0724
=0.685

Current CPI (Dec. 2023) = 125.0724.

Redishred Capital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.232 98.604 0.294
201406 0.248 99.473 0.312
201409 0.247 99.394 0.311
201412 0.235 98.367 0.299
201503 0.243 99.789 0.305
201506 0.255 100.500 0.317
201509 0.257 100.421 0.320
201512 0.227 99.947 0.284
201603 0.290 101.054 0.359
201606 0.326 102.002 0.400
201609 0.312 101.765 0.383
201612 0.294 101.449 0.362
201703 0.230 102.634 0.280
201706 0.244 103.029 0.296
201709 0.237 103.345 0.287
201712 0.277 103.345 0.335
201803 0.252 105.004 0.300
201806 0.280 105.557 0.332
201809 0.225 105.636 0.266
201812 0.233 105.399 0.276
201903 0.286 106.979 0.334
201906 0.306 107.690 0.355
201909 0.295 107.611 0.343
201912 0.293 107.769 0.340
202003 0.294 107.927 0.341
202006 0.283 108.401 0.327
202009 0.317 108.164 0.367
202012 0.303 108.559 0.349
202103 0.365 110.298 0.414
202106 0.450 111.720 0.504
202109 0.481 112.905 0.533
202112 0.507 113.774 0.557
202203 0.543 117.646 0.577
202206 0.625 120.806 0.647
202209 0.604 120.648 0.626
202212 0.619 120.964 0.640
202303 0.679 122.702 0.692
202306 0.689 124.203 0.694
202309 0.621 125.230 0.620
202312 0.685 125.072 0.685

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.


Redishred Capital  (OTCPK:RDCPF) 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.


Redishred Capital Cyclically Adjusted PS Ratio Related Terms

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


Redishred Capital (Redishred Capital) Business Description

Traded in Other Exchanges
Address
2233 Argentia Road, Suite 202, Mississauga, ON, CAN, L5N 2X7
Redishred Capital Corp is a company that manages and operates the Proshred brand and business platform in the United States and internationally. It operates the Proshred system under two business models, via franchising in the United States, and via direct ownership of shredding trucks and facilities in eight locations in the United States. The operating segments of the company are (1) the granting and managing of shredding business franchises under the "Proshred" trademark (Franchising and licensing), (2) the operation of the corporately owned shredding business (Corporate locations) and (3) supporting the franchises and corporately owned shredding businesses (Corporate).