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RB Global (RB Global) Cyclically Adjusted PS Ratio : 5.46 (As of May. 31, 2024)


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What is RB Global Cyclically Adjusted PS Ratio?

As of today (2024-05-31), RB Global's current share price is $72.68. RB Global's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $13.31. RB Global's Cyclically Adjusted PS Ratio for today is 5.46.

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

RBA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.69   Med: 6.63   Max: 11.31
Current: 5.58

During the past years, RB Global's highest Cyclically Adjusted PS Ratio was 11.31. The lowest was 4.69. And the median was 6.63.

RBA's Cyclically Adjusted PS Ratio is ranked worse than
92.02% of 689 companies
in the Business Services industry
Industry Median: 0.89 vs RBA: 5.58

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.

RB Global's adjusted revenue per share data for the three months ended in Mar. 2024 was $5.768. 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 $13.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


RB Global Cyclically Adjusted PS Ratio Historical Data

The historical data trend for RB Global'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.

RB Global Cyclically Adjusted PS Ratio Chart

RB Global 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 6.39 8.76 6.45 5.47 5.19

RB Global Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 5.08 5.04 5.14 5.19 5.72

Competitive Comparison of RB Global's Cyclically Adjusted PS Ratio

For the Specialty Business Services subindustry, RB Global'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.


RB Global's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

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

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



RB Global 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.

RB Global's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=72.68/13.31
=5.46

* 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.

RB Global's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, RB Global's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=5.768/131.7762*131.7762
=5.768

Current CPI (Mar. 2024) = 131.7762.

RB Global Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.319 100.560 1.728
201409 0.949 100.428 1.245
201412 1.282 99.070 1.705
201503 1.072 99.621 1.418
201506 1.453 100.684 1.902
201509 1.017 100.392 1.335
201512 1.261 99.792 1.665
201603 1.231 100.470 1.615
201606 1.484 101.688 1.923
201609 1.199 101.861 1.551
201612 6.539 101.863 8.459
201703 1.850 102.862 2.370
201706 2.334 103.349 2.976
201709 2.102 104.136 2.660
201712 2.695 104.011 3.414
201803 2.395 105.290 2.997
201806 2.830 106.317 3.508
201809 2.233 106.507 2.763
201812 3.232 105.998 4.018
201903 2.757 107.251 3.387
201906 3.577 108.070 4.362
201909 2.649 108.329 3.222
201912 3.016 108.420 3.666
202003 2.473 108.902 2.992
202006 3.559 108.767 4.312
202009 3.004 109.815 3.605
202012 3.452 109.897 4.139
202103 2.980 111.754 3.514
202106 3.560 114.631 4.092
202109 2.960 115.734 3.370
202112 3.220 117.630 3.607
202203 3.528 121.301 3.833
202206 4.337 125.017 4.571
202209 3.667 125.227 3.859
202212 3.964 125.222 4.171
202303 4.253 127.348 4.401
202306 6.053 128.729 6.196
202309 5.554 129.860 5.636
202312 5.655 129.419 5.758
202403 5.768 131.776 5.768

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.


RB Global  (NYSE:RBA) 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.


RB Global Cyclically Adjusted PS Ratio Related Terms

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


RB Global (RB Global) Business Description

Traded in Other Exchanges
Address
Two Westbrook Corporate Center, Suite 500, Westchester, IL, USA, 60154
RB Global operates the world's largest auction for heavy equipment. The company started as a live auctioneer of industrial equipment, since then it has greatly expanded its operations to include the sale of construction, agricultural, oilfield, and transportation equipment. RB Global operates over 40 live auction sites in more than 12 countries, along with online marketplaces, including IronPlanet, Marketplace-E, and GovPlanet. Its agricultural auctions are frequently much smaller venues and can include liquidations of single farms. The company holds over 300 auctions yearly and sells $6 billion worth of equipment.
Executives
Darren Jeffrey Watt officer: Gen. Counsel & Corp. Secretary C/O RITCHIE BROS. AUCTIONEERS INC., 9500 GLENLYON PARKWAY, BURNABY A1 V5J 0C6
James J Jeter officer: President, Sales U.S. C/O RITCHIE BROS. AUCTIONEERS INC., 9500 GLENLYON PARKWAY, BURNABY A1 V5J 0C6
Ann Fandozzi director, officer: CEO C/O RITCHIE BROS. AUCTIONEERS INC, 9500 GLENLYON PARKWAY, BURNABY A1 V5J 0C6
James Francis Kessler officer: Chief Operating Officer C/O RITCHIE BROS. AUCTIONEERS INC., 9500 GLENLYON PARKWAY, BURNABY A1 V5J 0C6
Timothy J. O'day director TWO WESTBROOK CORPORATE CENTER, SUITE 50, WESTCHESTER IL 60154
Baron Concors officer: Chief Information Officer C/O 9500 GLENLYON PARKWAY, BURNABY A0 V5J 0C6
Andrew John Fesler officer: Chief People Officer C/O RB GLOBAL, INC., 2 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Megan Anne Cash officer: Principal Fin. & Acctg Officer C/O RB GLOBAL, INC., 2 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Erik Olsson director C/O RSC HOLDINGS INC., 6929 E. GREENWAY PARKWAY, SCOTTSDALE AZ 85254
Michael D Sieger director C/O THE PROGRESSIVE CORPORATION, 6300 WILSON MILLS ROAD, MAYFIELD VILLAGE OH 44143
Adam Dewitt director 39 SOUTH LASALLE STREET, SUITE 220, CHICAGO IL 60603
Sarah E. Raiss director 6565 N. MACARTHUR BLVD., SUITE 800, IRVING TX 75039
Carol Stephenson director 300 RENAISSANCE CENTER, M/C:482-C24-A68, DETROIT MI 48265-3000
Robert George Elton director C/O RITCHIE BROS. AUCTIONEERS INC., 9500 GLENLYON PARKWAY, BURNABY A1 V5J 0C6
Lisa Hook director NEUSTAR, INC. - C/O DENIS CURRAN, 46000 CENTER OAK PLAZA, STERLING VA 20166