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RH (RH) Cyclically Adjusted PS Ratio : 2.27 (As of Apr. 28, 2024)


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What is RH Cyclically Adjusted PS Ratio?

As of today (2024-04-28), RH's current share price is $248.91. RH's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $109.87. RH's Cyclically Adjusted PS Ratio for today is 2.27.

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

RH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.73   Med: 2.87   Max: 9.93
Current: 2.27

During the past years, RH's highest Cyclically Adjusted PS Ratio was 9.93. The lowest was 0.73. And the median was 2.87.

RH's Cyclically Adjusted PS Ratio is ranked worse than
87.23% of 752 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs RH: 2.27

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.

RH's adjusted revenue per share data for the three months ended in Jan. 2024 was $37.327. 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 $109.87 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


RH Cyclically Adjusted PS Ratio Historical Data

The historical data trend for RH'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.

RH Cyclically Adjusted PS Ratio Chart

RH Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.33 6.86 4.85 3.19 2.31

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 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 3.19 2.52 3.72 2.02 2.31

Competitive Comparison of RH's Cyclically Adjusted PS Ratio

For the Specialty Retail subindustry, RH'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.


RH's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

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

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



RH 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=248.91/109.87
=2.27

* 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 Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=37.327/129.4194*129.4194
=37.327

Current CPI (Jan. 2024) = 129.4194.

RH Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 8.979 100.023 11.618
201407 10.512 100.520 13.534
201410 11.709 100.176 15.127
201501 13.663 98.604 17.933
201504 10.068 99.824 13.053
201507 12.000 100.691 15.424
201510 12.553 100.346 16.190
201601 15.296 99.957 19.804
201604 11.221 100.947 14.386
201607 13.312 101.524 16.970
201610 13.422 101.988 17.032
201701 14.054 102.456 17.753
201704 14.945 103.167 18.748
201707 21.668 103.278 27.153
201710 25.173 104.070 31.305
201801 31.152 104.578 38.552
201804 22.093 105.708 27.049
201807 23.304 106.324 28.366
201810 22.978 106.695 27.872
201901 26.102 106.200 31.809
201904 24.000 107.818 28.808
201907 31.648 108.250 37.837
201910 28.032 108.577 33.413
202001 25.806 108.841 30.685
202004 25.095 108.173 30.024
202007 26.700 109.318 31.610
202010 29.839 109.861 35.151
202101 26.942 110.364 31.594
202104 27.581 112.673 31.680
202107 30.922 115.183 34.744
202110 32.163 116.696 35.670
202201 30.118 118.619 32.860
202204 34.425 121.978 36.525
202207 36.815 125.002 38.116
202210 33.300 125.734 34.276
202301 30.405 126.223 31.175
202304 31.111 127.992 31.458
202307 35.220 128.974 35.342
202310 40.890 129.810 40.767
202401 37.327 129.419 37.327

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.


RH  (NYSE:RH) 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.


RH Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of RH's Cyclically Adjusted PS Ratio 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