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Regional Management (Regional Management) Cyclically Adjusted PS Ratio : 0.79 (As of May. 24, 2024)


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What is Regional Management Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Regional Management's current share price is $26.86. Regional Management's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $34.21. Regional Management's Cyclically Adjusted PS Ratio for today is 0.79.

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

RM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.6   Med: 1.22   Max: 2.9
Current: 0.81

During the past years, Regional Management's highest Cyclically Adjusted PS Ratio was 2.90. The lowest was 0.60. And the median was 1.22.

RM's Cyclically Adjusted PS Ratio is ranked better than
83.87% of 372 companies
in the Credit Services industry
Industry Median: 2.905 vs RM: 0.81

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.

Regional Management's adjusted revenue per share data for the three months ended in Mar. 2024 was $13.011. 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 $34.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Regional Management Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Regional Management'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.

Regional Management Cyclically Adjusted PS Ratio Chart

Regional Management 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 1.78 1.55 2.47 0.99 0.77

Regional Management 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 0.88 0.99 0.86 0.77 0.71

Competitive Comparison of Regional Management's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, Regional Management'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.


Regional Management's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Regional Management's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Regional Management 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.

Regional Management's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=26.86/34.21
=0.79

* 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.

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

For example, Regional Management'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)
=13.011/131.7762*131.7762
=13.011

Current CPI (Mar. 2024) = 131.7762.

Regional Management Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.397 100.560 4.452
201409 3.870 100.428 5.078
201412 3.861 99.070 5.136
201503 3.746 99.621 4.955
201506 3.752 100.684 4.911
201509 3.872 100.392 5.082
201512 3.993 99.792 5.273
201603 4.015 100.470 5.266
201606 4.386 101.688 5.684
201609 4.918 101.861 6.362
201612 4.995 101.863 6.462
201703 5.173 102.862 6.627
201706 5.125 103.349 6.535
201709 5.294 104.136 6.699
201712 5.498 104.011 6.966
201803 5.440 105.290 6.808
201806 5.314 106.317 6.587
201809 5.702 106.507 7.055
201812 6.171 105.998 7.672
201903 5.964 107.251 7.328
201906 6.197 108.070 7.556
201909 6.967 108.329 8.475
201912 7.747 108.420 9.416
202003 7.635 108.902 9.239
202006 7.329 108.767 8.879
202009 7.324 109.815 8.789
202012 7.854 109.897 9.418
202103 8.187 111.754 9.654
202106 8.509 114.631 9.782
202109 9.735 115.734 11.084
202112 11.000 117.630 12.323
202203 12.064 121.301 13.106
202206 11.925 125.017 12.570
202209 12.554 125.227 13.211
202212 12.451 125.222 13.103
202303 12.326 127.348 12.755
202306 12.258 128.729 12.548
202309 12.843 129.860 13.033
202312 13.023 129.419 13.260
202403 13.011 131.776 13.011

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.


Regional Management  (NYSE:RM) 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.


Regional Management Cyclically Adjusted PS Ratio Related Terms

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


Regional Management (Regional Management) Business Description

Traded in Other Exchanges
N/A
Address
979 Batesville Road, Suite B, Greer, SC, USA, 29651
Regional Management Corp is a diversified consumer finance company that provides installment loan products to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders. It is engaged in consumer finance. The company has the core products which are small and large installment loans. The company also offers optional payment and collateral protection insurance. The company's principal source of revenue is interest and fee income on outstanding loans.
Executives
Roel C Campos director 509 WEST BUTLER ROAD, GREENVILLE SC 29607
John D. Schachtel officer: EVP and COO 979 BATESVILLE ROAD, SUITE B, GREER SC 29651
Basswood Financial Fund, L.p. director, 10 percent owner, other: Director-by-Deputization 645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022
Basswood Capital Management, L.l.c. director, 10 percent owner, other: Director-by-Deputization 645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022
Basswood Financial Fund, Inc. director, 10 percent owner, other: Director-by-Deputization 3RD FL., HARBOUR CENTRE, P.O. BOX 61, GEORGE TOWN E9 KY1-1102
Robert William Beck officer: EVP and CFO 979 BATESVILLE ROAD, SUITE B, GREER SC 29651
Sandra K. Johnson director 979 BATESVILLE ROAD, SUITE B, GREER SC 29651
Matthew A Lindenbaum director, 10 percent owner 645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022
Basswood Opportunity Fund Inc director, 10 percent owner, other: Director-by-Deputization 645 MADISON AVE, 10TH FL, NEW YORK NY 10017
Basswood Financial Long Only Fund, L.p. director, 10 percent owner, other: Director-by-Deputization 645 MADISON AVENUE, 10TH FL., NEW YORK NY 10022
Jonathan David Brown director C/O BASSWOOD CAPITAL MANAGEMENT, 645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022
Basswood Partners, L.l.c. director, 10 percent owner, other: Director-by-Deputization 645 MADISON AVENUE, 10TH FL, NEW YORK NY 10022
Bennett D Lindenbaum director, 10 percent owner, other: Director-by-Deputization 645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022
Basswood Opportunity Partners, L.p. director, 10 percent owner, other: Director-by-Deputization BASSWOOD CAPITAL MANAGEMENT LLC, 645 MADISON AVENUE, NEW YORK NY 10022
Philip V Bancroft director