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Redfin (Redfin) Cyclically Adjusted PS Ratio : 0.95 (As of May. 19, 2024)


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What is Redfin Cyclically Adjusted PS Ratio?

As of today (2024-05-19), Redfin's current share price is $7.53. Redfin's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was $7.94. Redfin's Cyclically Adjusted PS Ratio for today is 0.95.

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

RDFN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.76   Med: 0.91   Max: 1.16
Current: 0.95

During the past 10 years, Redfin's highest Cyclically Adjusted PS Ratio was 1.16. The lowest was 0.76. And the median was 0.91.

RDFN's Cyclically Adjusted PS Ratio is ranked better than
65.33% of 1370 companies
in the Real Estate industry
Industry Median: 1.755 vs RDFN: 0.95

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.

Redfin's adjusted revenue per share data of for the fiscal year that ended in Dec23 was $8.631. 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 $7.94 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Redfin Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Redfin'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.

Redfin Cyclically Adjusted PS Ratio Chart

Redfin 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 - - - - 1.30

Redfin 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 - - - 1.30 -

Competitive Comparison of Redfin's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, Redfin'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.


Redfin's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Redfin's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Redfin 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.

Redfin's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.53/7.94
=0.95

* 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.

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

For example, Redfin'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)
=8.631/129.4194*129.4194
=8.631

Current CPI (Dec23) = 129.4194.

Redfin Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 1.796 99.070 2.346
201512 2.669 99.792 3.461
201612 3.807 101.863 4.837
201712 8.661 104.011 10.777
201812 5.684 105.998 6.940
201912 8.515 108.420 10.164
202012 8.989 109.897 10.586
202112 10.113 117.630 11.127
202212 10.188 125.222 10.530
202312 8.631 129.419 8.631

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.


Redfin  (NAS:RDFN) 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.


Redfin Cyclically Adjusted PS Ratio Related Terms

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


Redfin (Redfin) Business Description

Industry
Traded in Other Exchanges
Address
1099 Stewart Street, Suite 600, Seattle, WA, USA, 98101
Redfin Corp is a residential real estate broker. It pairs their own agents with the technology to create a service that is faster and costs less. The company meet customers through listings-search website and mobile application. The company uses same combination of technology and local service to originate mortgage loans and offer title and settlement services. It has four reportable segment which are real estate services, properties, rentals, and mortgage. The company generates majority of the revenue from Real estate services.
Executives
Christopher John Nielsen officer: Chief Financial Officer C/O REDFIN CORPORATION, 1099 STEWART STREET, SUITE 600, SEATTLE WA 98101
Bridget Frey officer: Chief Technology Officer C/O REDFIN CORPORATION, 1099 STEWART STREET, SUITE 600, SEATTLE WA 98101
Anna Stevens officer: Chief Human Resources Officer 3400 CUMBERLAND BOULEVARD, ATLANTA GA 30339
Anthony Ray Kappus officer: Chief Legal Officer C/O REDFIN CORPORATION, 1099 STEWART STREET, SUITE 600, SEATTLE WA 98101
Christian John Taubman officer: Chief Product Officer C/O REDFIN CORPORATION, 1099 STEWART STREET SUITE 600, SEATTLE WA 98101
James Slavet director C/O DFJ VENTURE CAPITAL, 2882 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025
Glenn Kelman director, officer: See Remarks 500 SANSOME STREET, SAN FRANCISCO CA 94111
David H Lissy director C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 2 WELLS AVENUE, NEWTON MA 02459
Bradley E Singer director ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Mylod Robert J Jr director
Scott Nagel officer: See Remarks C/O REDFIN CORPORATION, 1099 STEWART STREET, SUITE 600, SEATTLE WA 98101
Adam Wiener officer: Chief Growth Officer C/O REDFIN CORPORATION, 1099 STEWART STREET, SUITE 600, SEATTLE WA 98101
Selina Tobaccowala director C/O REDFIN CORPORATION, 1099 STEWART STREET, SUITE 600, SEATTLE WA 98101
Kerry D Chandler director 1020 HULL STREET, BALTIMORE MD 21230
Robert J Bass director C/O GROUPON, INC., 600 WEST CHICAGO AVENUE, SUITE 620, CHICAGO IL 60654