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Ryman Healthcare (NZSE:RYM) Cyclically Adjusted PS Ratio : 4.23 (As of May. 31, 2024)


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What is Ryman Healthcare Cyclically Adjusted PS Ratio?

As of today (2024-05-31), Ryman Healthcare's current share price is NZ$3.64. Ryman Healthcare's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was NZ$0.86. Ryman Healthcare's Cyclically Adjusted PS Ratio for today is 4.23.

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

NZSE:RYM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.23   Med: 25.96   Max: 35.73
Current: 4.25

During the past 13 years, Ryman Healthcare's highest Cyclically Adjusted PS Ratio was 35.73. The lowest was 4.23. And the median was 25.96.

NZSE:RYM's Cyclically Adjusted PS Ratio is ranked worse than
81.82% of 341 companies
in the Healthcare Providers & Services industry
Industry Median: 1.19 vs NZSE:RYM: 4.25

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.

Ryman Healthcare's adjusted revenue per share data of for the fiscal year that ended in Mar24 was NZ$0.946. 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 NZ$0.86 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ryman Healthcare Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ryman Healthcare'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.

Ryman Healthcare Cyclically Adjusted PS Ratio Chart

Ryman Healthcare Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.89 24.89 13.01 6.65 5.28

Ryman Healthcare Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 13.01 - 6.65 - 5.28

Competitive Comparison of Ryman Healthcare's Cyclically Adjusted PS Ratio

For the Medical Care Facilities subindustry, Ryman Healthcare'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.


Ryman Healthcare's Cyclically Adjusted PS Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ryman Healthcare's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ryman Healthcare 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.

Ryman Healthcare's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.64/0.86
=4.23

* 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.

Ryman Healthcare's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Ryman Healthcare's adjusted Revenue per Share data for the fiscal year that ended in Mar24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=0.946/129.5261*129.5261
=0.946

Current CPI (Mar24) = 129.5261.

Ryman Healthcare Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 0.426 99.646 0.554
201603 0.490 100.063 0.634
201703 0.544 102.231 0.689
201803 0.642 103.355 0.805
201903 0.718 104.889 0.887
202003 0.796 107.547 0.959
202103 0.853 109.182 1.012
202203 0.950 116.747 1.054
202303 1.085 124.517 1.129
202403 0.946 129.526 0.946

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.


Ryman Healthcare  (NZSE:RYM) 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.


Ryman Healthcare Cyclically Adjusted PS Ratio Related Terms

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


Ryman Healthcare (NZSE:RYM) Business Description

Traded in Other Exchanges
Address
92 Russley Road, P.O. Box 771, Airport Business Park, Christchurch, STL, NZL, 8042
Ryman Healthcare develops, owns, and operates retirement villages and aged-care facilities in New Zealand and Australia. Most of its villages offer a combination of independent and serviced units, alongside hospital, dementia, and rest-home care. Income is predominantly earned from aged care fees, retirement unit management fees, development margins on new units, and capital gains generated when residents vacate and Ryman resells existing units.

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