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Randstad NV (Randstad NV) Cyclically Adjusted Book per Share : $15.06 (As of Mar. 2024)


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What is Randstad NV Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Randstad NV's adjusted book value per share for the three months ended in Mar. 2024 was $12.536. 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 $15.06 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Randstad NV's average Cyclically Adjusted Book Growth Rate was 3.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Randstad NV was 8.40% per year. The lowest was 6.10% per year. And the median was 7.20% per year.

As of today (2024-04-27), Randstad NV's current stock price is $24.795. Randstad NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $15.06. Randstad NV's Cyclically Adjusted PB Ratio of today is 1.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Randstad NV was 3.46. The lowest was 1.42. And the median was 2.40.


Randstad NV Cyclically Adjusted Book per Share Historical Data

The historical data trend for Randstad NV's Cyclically Adjusted Book per Share 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.

Randstad NV Cyclically Adjusted Book per Share Chart

Randstad NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.26 12.97 13.01 13.80 14.69

Randstad NV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 13.98 14.27 13.98 14.69 15.06

Competitive Comparison of Randstad NV's Cyclically Adjusted Book per Share

For the Staffing & Employment Services subindustry, Randstad NV'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.


Randstad NV's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Randstad NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Randstad NV Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Randstad NV's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=12.536/126.4000*126.4000
=12.536

Current CPI (Mar. 2024) = 126.4000.

Randstad NV Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.320 99.240 14.418
201409 11.493 99.960 14.533
201412 11.358 99.050 14.494
201503 10.681 99.750 13.535
201506 10.910 100.230 13.759
201509 11.288 100.500 14.197
201512 11.549 99.730 14.637
201603 10.911 100.310 13.749
201606 11.581 100.260 14.600
201609 12.093 100.570 15.199
201612 11.970 100.710 15.023
201703 11.341 101.440 14.132
201706 12.092 101.370 15.078
201709 13.266 102.030 16.435
201712 13.638 101.970 16.905
201803 12.826 102.470 15.821
201806 12.974 103.100 15.906
201809 13.539 103.950 16.463
201812 13.812 103.970 16.792
201903 12.284 105.370 14.736
201906 12.802 105.840 15.289
201909 13.045 106.700 15.453
201912 13.581 106.800 16.073
202003 13.526 106.850 16.001
202006 13.572 107.510 15.957
202009 14.394 107.880 16.865
202012 15.491 107.850 18.155
202103 13.797 108.870 16.019
202106 14.537 109.670 16.755
202109 14.908 110.790 17.008
202112 15.126 114.010 16.770
202203 12.533 119.460 13.261
202206 12.708 119.050 13.493
202209 12.789 126.890 12.740
202212 14.249 124.940 14.416
202303 13.146 124.720 13.323
202306 13.602 125.830 13.664
202309 13.922 127.160 13.839
202312 14.393 126.400 14.393
202403 12.536 126.400 12.536

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Randstad NV  (OTCPK:RANJY) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Randstad NV's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=24.795/15.06
=1.65

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Randstad NV was 3.46. The lowest was 1.42. And the median was 2.40.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Randstad NV Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Randstad NV's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Randstad NV (Randstad NV) Business Description

Industry
Address
Diemermere 25, Diemen, NH, NLD, 1112 TC
Randstad NV is engaged in the HR services industry. The company is the largest HR services provider and is driven to become the most valued working life partner, supporting as many people as possible in realizing their true potential throughout their working lives. The company provides companies with high-quality, diverse, and agile workforces as per need while helping people get rewarding jobs and stay relevant in the ever-changing world of work.

Randstad NV (Randstad NV) Headlines

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