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Randstad NV (Randstad NV) Cyclically Adjusted PB Ratio : 1.65 (As of Apr. 27, 2024)


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What is Randstad NV Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Randstad NV's current share 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 for today is 1.65.

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

RANJY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.42   Med: 2.4   Max: 3.46
Current: 1.72

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

RANJY's Cyclically Adjusted PB Ratio is ranked worse than
54.64% of 646 companies
in the Business Services industry
Industry Median: 1.53 vs RANJY: 1.72

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Randstad NV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Randstad NV'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.

Randstad NV Cyclically Adjusted PB Ratio Chart

Randstad NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.69 2.52 2.61 2.21 2.14

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 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 2.12 1.85 1.97 2.14 1.84

Competitive Comparison of Randstad NV's Cyclically Adjusted PB Ratio

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 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.

Randstad NV's Cyclically Adjusted PB Ratio for 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.

Randstad NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

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.

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.


Randstad NV  (OTCPK:RANJY) 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.


Randstad NV Cyclically Adjusted PB Ratio Related Terms

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


Randstad NV (Randstad NV) Business Description

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.

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