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Reckitt Benckiser Group (XSWX:RB) Cyclically Adjusted PS Ratio : (As of May. 22, 2024)


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What is Reckitt Benckiser Group Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Reckitt Benckiser Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Reckitt Benckiser Group'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.

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Reckitt Benckiser Group Cyclically Adjusted PS Ratio Chart

Reckitt Benckiser Group 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 4.08 4.16 3.78 3.08 2.74

Reckitt Benckiser Group 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 3.78 - 3.08 - 2.74

Competitive Comparison of Reckitt Benckiser Group's Cyclically Adjusted PS Ratio

For the Household & Personal Products subindustry, Reckitt Benckiser Group'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.


Reckitt Benckiser Group's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Reckitt Benckiser Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Reckitt Benckiser Group 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.

Reckitt Benckiser Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Reckitt Benckiser Group's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=22.34/130.5000*130.5000
=22.340

Current CPI (Dec23) = 130.5000.

Reckitt Benckiser Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 18.456 99.900 24.109
201512 18.270 100.400 23.747
201612 16.890 102.200 21.567
201712 21.301 105.000 26.474
201812 22.308 107.100 27.182
201912 23.343 108.500 28.076
202012 23.410 109.400 27.925
202112 22.708 114.700 25.836
202212 22.857 125.300 23.806
202312 22.340 130.500 22.340

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.


Reckitt Benckiser Group  (XSWX:RB) 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.


Reckitt Benckiser Group Cyclically Adjusted PS Ratio Related Terms

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Reckitt Benckiser Group (XSWX:RB) Business Description

Address
103-105 Bath Road, Slough, Berkshire, GBR, SL1 3UH
Reckitt Benckiser was formed in 1999 through the merger of the British firm Reckitt & Colman and Dutch-based Benckiser. Recently rebranded under the corporate name Reckitt, it sells a portfolio that includes a variety of household and consumer health brands, such as Lysol, Finish, Durex, and Mucinex, many of which hold the number-one or -two positions in their categories globally. Reckitt has repositioned its portfolio and has entered the infant formula market through the acquisition of Mead Johnson in 2017, expanded its consumer health presence by acquiring Schiff Nutrition, K-Y, and Biofreeze, and has exited the food industry. The firm operates in 60 countries and sells products in more than 200, generating around 35% of sales from emerging markets.

Reckitt Benckiser Group (XSWX:RB) Headlines

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