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RH (RH) Cyclically Adjusted Price-to-FCF : 34.81 (As of Apr. 27, 2024)


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What is RH Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), RH's current share price is $248.91. RH's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was $7.15. RH's Cyclically Adjusted Price-to-FCF for today is 34.81.

The historical rank and industry rank for RH's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

RH' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 25.8   Med: 86.93   Max: 656.63
Current: 34.83

During the past years, RH's highest Cyclically Adjusted Price-to-FCF was 656.63. The lowest was 25.80. And the median was 86.93.

RH's Cyclically Adjusted Price-to-FCF is ranked worse than
80% of 435 companies
in the Retail - Cyclical industry
Industry Median: 13.15 vs RH: 34.83

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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

RH's adjusted free cash flow per share data for the three months ended in Jan. 2024 was $-12.715. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $7.15 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


RH Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for RH's Cyclically Adjusted Price-to-FCF 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.

RH Cyclically Adjusted Price-to-FCF Chart

RH Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.76 118.05 67.89 42.29 35.47

RH Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted Price-to-FCF 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 42.29 32.70 46.98 25.64 35.47

Competitive Comparison of RH's Cyclically Adjusted Price-to-FCF

For the Specialty Retail subindustry, RH's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.


RH's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, RH's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where RH's Cyclically Adjusted Price-to-FCF falls into.



RH Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF 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 Price-to-FCF.

RH's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=248.91/7.15
=34.81

* 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.

RH's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, RH's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-12.715/129.4194*129.4194
=-12.715

Current CPI (Jan. 2024) = 129.4194.

RH Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 -1.808 100.023 -2.339
201407 0.120 100.520 0.154
201410 -0.582 100.176 -0.752
201501 1.437 98.604 1.886
201504 -1.039 99.824 -1.347
201507 0.022 100.691 0.028
201510 -1.555 100.346 -2.006
201601 2.400 99.957 3.107
201604 -3.346 100.947 -4.290
201607 -0.221 101.524 -0.282
201610 0.526 101.988 0.667
201701 0.801 102.456 1.012
201704 2.733 103.167 3.428
201707 5.454 103.278 6.835
201710 1.198 104.070 1.490
201801 5.589 104.578 6.917
201804 -0.829 105.708 -1.015
201807 0.982 106.324 1.195
201810 0.626 106.695 0.759
201901 5.687 106.200 6.930
201904 1.240 107.818 1.488
201907 1.834 108.250 2.193
201910 3.084 108.577 3.676
202001 3.849 108.841 4.577
202004 -1.741 108.173 -2.083
202007 4.301 109.318 5.092
202010 6.886 109.861 8.112
202101 3.785 110.364 4.439
202104 4.506 112.673 5.176
202107 2.938 115.183 3.301
202110 4.644 116.696 5.150
202201 3.230 118.619 3.524
202204 3.833 121.978 4.067
202207 0.868 125.002 0.899
202210 3.693 125.734 3.801
202301 0.146 126.223 0.150
202304 2.212 127.992 2.237
202307 5.025 128.974 5.042
202310 0.957 129.810 0.954
202401 -12.715 129.419 -12.715

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF 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.


RH  (NYSE:RH) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow 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 Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


RH Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of RH's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


RH (RH) Business Description

Industry
Traded in Other Exchanges
Address
15 Koch Road, Suite K, Corte Madera, CA, USA, 94925
RH is a luxury retailer operating in the $143 billion domestic furniture and home furnishing industry. The firm offers merchandise across many categories including furniture, lighting, textiles, bath, decor, children, and is growing the presence of its hospitality business (with 15 restaurant locations). RH innovates, curates, and integrates products, categories, services, and businesses across channels and brand extensions (RH Teen, RH Modern, and Waterworks, for example). RH is fully integrated across store, Web, and catalog channels, and is positioned to broaden its total addressable market over the next decade with its World of RH digital platform (highlighting offerings outside of home furnishings), along with future offerings in color, bespoke furniture, architeture, media, and more.
Executives
Edward T Lee officer: SEE REMARKS C/O RH, 15 KOCH ROAD, SUITE K, CORTE MADERA CA 94925
Keith Belling director C/O RESTORATION HARDWARE HOLDINGS, INC., 15 KOCH ROAD, SUITE K, CORTE MADERA CA 94925
Jack M Preston officer: CHIEF FINANCIAL OFFICER 15 KOCH ROAD, SUITE K, CORTE MADERA CA 94925
Eri Chaya officer: See Remarks 1981 14TH AVE, SAN FRANCISCO CA 94116
Carlos Alberini director C/O LUCKY BRAND, LLC, 540 SOUTH SANTA FE AVE., LOS ANGELES CA 90013
Mark S Demilio director 6950 COLUMBIA GATEWAY DR STE 400, COLUMBIA MD 21046
Hilary K Krane director ONE BOWERMAN DRIVE, BEAVERTON OR 97005
Stefan Duban officer: SEE REMARKS 15 KOCH ROAD, SUITE K, CORTE MADERA CA 94925
Gary G Friedman director, 10 percent owner, officer: Chairman & CEO C/O RESTORATION HARDWARE INC, 15 KOCH RD. SUITE J, CORTE MADERA CA 94925
Christina Hargarten officer: See Remarks 15 KOCH ROAD, SUITE K, CORTE MADERA CA 94925
David Stanchak officer: See Remarks C/O RH, 15 KOCH ROAD, SUITE K, CORTE MADERA CA 94925
Demonty Price officer: Please See Remarks C/O RESTORATION HARDWARE HOLDINGS, INC., 15 KOCH ROAD, SUITE K, CORTE MADERA CA 94925
Kathleen C. Mitic director C/O EBAY INC., 2065 HAMILTON AVENUE, SAN JOSE CA 95125
Glenda M Citragno officer: Chief Accounting Officer 15 KOCH ROAD, CORTE MADERA CA 94925
Ali Rowghani director 101 SECOND STREET, SUITE 1400, SAN FRANCISCO CA 94105