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The RMR Group (The RMR Group) Cyclically Adjusted PS Ratio : 0.66 (As of May. 20, 2024)


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What is The RMR Group Cyclically Adjusted PS Ratio?

As of today (2024-05-20), The RMR Group's current share price is $23.81. The RMR Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $36.21. The RMR Group's Cyclically Adjusted PS Ratio for today is 0.66.

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

RMR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.62   Med: 0.67   Max: 0.79
Current: 0.66

During the past years, The RMR Group's highest Cyclically Adjusted PS Ratio was 0.79. The lowest was 0.62. And the median was 0.67.

RMR's Cyclically Adjusted PS Ratio is ranked better than
73.91% of 1372 companies
in the Real Estate industry
Industry Median: 1.755 vs RMR: 0.66

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.

The RMR Group's adjusted revenue per share data for the three months ended in Mar. 2024 was $6.904. 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 $36.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The RMR Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for The RMR Group'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.

The RMR Group Cyclically Adjusted PS Ratio Chart

The RMR Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
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The RMR Group 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 - - - 0.79 0.66

Competitive Comparison of The RMR Group's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, The RMR Group'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.


The RMR Group's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

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

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



The RMR Group 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.

The RMR Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23.81/36.21
=0.66

* 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.

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

For example, The RMR Group'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)
=6.904/131.7762*131.7762
=6.904

Current CPI (Mar. 2024) = 131.7762.

The RMR Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.000 100.560 0.000
201409 5.371 100.428 7.048
201412 2.927 99.070 3.893
201503 3.113 99.621 4.118
201506 3.011 100.684 3.941
201509 48.111 100.392 63.152
201512 6.883 99.792 9.089
201603 3.020 100.470 3.961
201606 3.262 101.688 4.227
201609 3.514 101.861 4.546
201612 6.569 101.863 8.498
201703 3.385 102.862 4.337
201706 3.456 103.349 4.407
201709 3.527 104.136 4.463
201712 13.587 104.011 17.214
201803 3.681 105.290 4.607
201806 3.848 106.317 4.769
201809 4.030 106.507 4.986
201812 17.377 105.998 21.603
201903 8.057 107.251 9.899
201906 8.899 108.070 10.851
201909 9.860 108.329 11.994
201912 9.884 108.420 12.013
202003 4.517 108.902 5.466
202006 4.444 108.767 5.384
202009 4.809 109.815 5.771
202012 5.022 109.897 6.022
202103 4.206 111.754 4.960
202106 4.639 114.631 5.333
202109 5.540 115.734 6.308
202112 5.796 117.630 6.493
202203 6.309 121.301 6.854
202206 6.733 125.017 7.097
202209 7.722 125.227 8.126
202212 7.982 125.222 8.400
202303 6.631 127.348 6.862
202306 17.051 128.729 17.455
202309 13.340 129.860 13.537
202312 8.304 129.419 8.455
202403 6.904 131.776 6.904

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.


The RMR Group  (NAS:RMR) 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.


The RMR Group Cyclically Adjusted PS Ratio Related Terms

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


The RMR Group (The RMR Group) Business Description

Industry
Traded in Other Exchanges
Address
255 Washington Street, Suite 300, Two Newton Place, Newton, MA, USA, 02458-1634
The RMR Group Inc is a holding company that conducts its business through its subsidiary, which is an alternative asset management company that invests in real estate and manages real estate-related businesses. Its business consists of providing management services to publicly owned real estate investment trusts, or REITs, and real estate-related operating companies. It also provides management services to real estate securities mutual funds and commercial real estate finance companies. The company's operating segment is RMR LLC and All Other Operations. The RMR Group derives its revenue from providing business and property management services as well as advisory and other services.
Executives
Christopher J. Bilotto officer: Exec. VP of The RMR Group LLC C/O THE RMR GROUP LLC, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Jennifer F. Mintzer officer: Exec. VP of The RMR Group LLC C/O DIVERSIFIED HEALTHCARE TRUST, TWO NEWTON PL., 255 WASHINGTON STREET, NEWTON MA 02458
Jonathan Veitch director TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Jonathan Pertchik officer: Exec. VP of The RMR Group LLC C/O TRAVELCENTERS OF AMERICA INC., 24601 CENTER RIDGE ROAD, WESTLAKE OH 44145
Andrew J Rebholz officer: Exec. VP of The RMR Group LLC C/O TRAVELCENTERS OF AMERICA LLC, 400 CENTRE STREET, NEWTON MA 02458
Rosen Plevneliev director THE RMR GROUP INC., TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Frederick N Zeytoonjian director C/O REIT MANAGEMENT & RESEARCH LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Watkins Walter C. Jr. director C/O THE RMR GROUP INC., TWO NEWTON PLACE, 255 WASHINGTON STREET, NEWTON MA 02458-1634
Ann Logan director C/O PHH CORPORATION, 3000 LEADENHALL RD, MOUNT LAUREL NJ 08054
John G. Murray officer: Exec. VP of The RMR Group LLC C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Thomas M O'brien officer: Exec. VP of The RMR Group LLC 308 DORLA COURT, SUITE 206, ZEPHYR COVE NV 89448
David M Blackman officer: Exec. VP of The RMR Group LLC C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Mackey Bruce J Jr officer: Exec. VP of The RMR Group LLC C/O FIVE STAR QUALITY CARE, INC., 400 CENTRE STREET, NEWTON MA 02458
Matthew P. Jordan officer: CFO and Treasurer C/O THE RMR GROUP INC., TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458-1634
Senior Housing Properties Trust 10 percent owner C/O THE RMR GROUP, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458