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Robert Half (FRA:RHJ) Cyclically Adjusted Revenue per Share : €52.48 (As of Mar. 2024)


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What is Robert Half Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Robert Half's adjusted revenue per share for the three months ended in Mar. 2024 was €13.006. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €52.48 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Robert Half's average Cyclically Adjusted Revenue Growth Rate was 6.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 7.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Robert Half was 26.20% per year. The lowest was 5.50% per year. And the median was 10.80% per year.

As of today (2024-06-10), Robert Half's current stock price is €57.50. Robert Half's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €52.48. Robert Half's Cyclically Adjusted PS Ratio of today is 1.10.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Robert Half was 2.60. The lowest was 0.89. And the median was 1.54.


Robert Half Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Robert Half's Cyclically Adjusted Revenue per Share 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.

Robert Half Cyclically Adjusted Revenue per Share Chart

Robert Half Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.38 33.59 41.60 49.19 51.03

Robert Half Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 48.08 49.97 52.93 51.03 52.48

Competitive Comparison of Robert Half's Cyclically Adjusted Revenue per Share

For the Staffing & Employment Services subindustry, Robert Half'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.


Robert Half's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

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

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



Robert Half Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Robert Half'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)
=13.006/131.7762*131.7762
=13.006

Current CPI (Mar. 2024) = 131.7762.

Robert Half Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.318 100.560 8.279
201409 7.018 100.428 9.209
201412 7.341 99.070 9.765
201503 8.295 99.621 10.972
201506 8.487 100.684 11.108
201509 8.828 100.392 11.588
201512 9.113 99.792 12.034
201603 8.989 100.470 11.790
201606 9.250 101.688 11.987
201609 9.304 101.861 12.036
201612 9.412 101.863 12.176
201703 9.522 102.862 12.199
201706 9.308 103.349 11.868
201709 8.949 104.136 11.324
201712 9.184 104.011 11.636
201803 9.209 105.290 11.526
201806 10.201 106.317 12.644
201809 10.347 106.507 12.802
201812 10.869 105.998 13.512
201903 11.017 107.251 13.536
201906 11.471 108.070 13.987
201909 12.163 108.329 14.796
201912 12.048 108.420 14.643
202003 11.976 108.902 14.492
202006 8.700 108.767 10.540
202009 8.912 109.815 10.694
202012 9.491 109.897 11.381
202103 10.442 111.754 12.313
202106 11.725 114.631 13.479
202109 13.057 115.734 14.867
202112 14.110 117.630 15.807
202203 14.901 121.301 16.188
202206 16.065 125.017 16.934
202209 17.049 125.227 17.941
202212 15.124 125.222 15.916
202303 14.964 127.348 15.484
202306 14.219 128.729 14.556
202309 13.848 129.860 14.052
202312 12.870 129.419 13.104
202403 13.006 131.776 13.006

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Robert Half  (FRA:RHJ) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Robert Half's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=57.50/52.48
=1.10

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Robert Half was 2.60. The lowest was 0.89. And the median was 1.54.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Robert Half Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Robert Half's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Robert Half (FRA:RHJ) Business Description

Industry
Traded in Other Exchanges
Address
2884 Sand Hill Road, Suite 200, Menlo Park, CA, USA, 94025
Founded in 1948, Robert Half provides temporary, permanent, and outcome-based staffing for both in-person and remote positions in the finance and accounting, technology, legal, marketing, and administrative fields. Its subsidiary consulting arm, Protiviti, specializes in technology, risk, auditing, and compliance matters. The firm generates most of its sales inside the U.S. and stands as one of the largest specialized firms in the highly fragmented U.S. staffing industry. The firm generates annual revenue of around $7 billion.

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