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Regis (RGS) Cyclically Adjusted Book per Share : $172.01 (As of Dec. 2023)


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What is Regis Cyclically Adjusted Book 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 Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Regis's adjusted book value per share for the three months ended in Dec. 2023 was $-14.736. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $172.01 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Regis's average Cyclically Adjusted Book Growth Rate was -16.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -11.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -9.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -7.00% 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 Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Regis was 20.70% per year. The lowest was -11.30% per year. And the median was 5.75% per year.

As of today (2024-04-30), Regis's current stock price is $5.40. Regis's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $172.01. Regis's Cyclically Adjusted PB Ratio of today is 0.03.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Regis was 1.54. The lowest was 0.03. And the median was 0.73.


Regis Cyclically Adjusted Book per Share Historical Data

The historical data trend for Regis's Cyclically Adjusted Book 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.

Regis Cyclically Adjusted Book per Share Chart

Regis Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 300.04 272.50 245.68 225.37 190.30

Regis Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book 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 205.16 198.44 190.30 181.63 172.01

Competitive Comparison of Regis's Cyclically Adjusted Book per Share

For the Personal Services subindustry, Regis's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Regis's Cyclically Adjusted PB Ratio Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Regis's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Regis's Cyclically Adjusted PB Ratio falls into.



Regis Cyclically Adjusted Book 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 Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

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

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value 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 Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book 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, Regis's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-14.736/129.4194*129.4194
=-14.736

Current CPI (Dec. 2023) = 129.4194.

Regis Quarterly Data

Book Value per Share CPI Adj_Book
201403 258.736 99.695 335.881
201406 252.066 100.560 324.407
201409 248.630 100.428 320.405
201412 240.877 99.070 314.669
201503 236.930 99.621 307.800
201506 233.840 100.684 300.579
201509 230.654 100.392 297.347
201512 222.778 99.792 288.918
201603 221.817 100.470 285.730
201606 225.071 101.688 286.450
201609 225.257 101.861 286.200
201612 224.302 101.863 284.982
201703 218.345 102.862 274.718
201706 219.059 103.349 274.318
201709 209.733 104.136 260.656
201712 226.425 104.011 281.737
201803 222.551 105.290 273.555
201806 214.959 106.317 261.670
201809 211.313 106.507 256.773
201812 204.960 105.998 250.248
201903 190.606 107.251 230.005
201906 175.889 108.070 210.637
201909 159.637 108.329 190.716
201912 154.687 108.420 184.647
202003 111.081 108.902 132.010
202006 70.569 108.767 83.968
202009 50.211 109.815 59.175
202012 32.682 109.897 38.488
202103 27.664 111.754 32.037
202106 9.524 114.631 10.753
202109 18.110 115.734 20.251
202112 16.834 117.630 18.521
202203 4.887 121.301 5.214
202206 -13.603 125.017 -14.082
202209 -13.115 125.227 -13.554
202212 -13.886 125.222 -14.351
202303 -14.374 127.348 -14.608
202306 -16.122 128.729 -16.209
202309 -15.474 129.860 -15.422
202312 -14.736 129.419 -14.736

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Regis  (NAS:RGS) Cyclically Adjusted Book per Share Explanation

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

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB 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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Regis's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.40/172.01
=0.03

* 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 PB Ratio of Regis was 1.54. The lowest was 0.03. And the median was 0.73.


Be Aware

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


Regis Cyclically Adjusted Book per Share Related Terms

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


Regis (RGS) Business Description

Industry
Traded in Other Exchanges
Address
3701 Wayzata Boulevard, Suite 500, Minneapolis, MN, USA, 55416
Regis Corp owns, franchises, and operates beauty salons throughout North America and the United Kingdom. The company's locations provide salon products and services to the mass market, including haircutting, styling, and hair coloring. The vast majority of Regis' salons are in strip malls, shopping centers, and Wal-Mart stores in North America and serve price-conscious customers. The company derives the majority of its revenue from these locations. The sale of products also contributes a relatively significant percentage of total sales. Regis also operates a smaller portfolio of premium salons across North America and the U.K. The company's majority brands include SmartStyle, Cost Cutters, and Supercuts.
Executives
Nancy Cunningham Benacci director PO BOX 145496, CINCINNATI OH 45250
Devore Michelle St. Lawrence officer: SVP, Marketing 6119 BRANDEIS LANE, DALLAS TX 75214
Andra Jean Terrell officer: SVP, General Counsel 4922 MARLOS DRIVE NE, MARIETTA GA 30066
James Raymon Suarez officer: SVP Merchandising & Education 9043 VICTORIA DRIVE, EDEN PRAIRIE MN 55347
Michael Joseph Mansbach director 4051 BROAD STREET, SUITE 220, SAN LUIS OBISPO CA 93401
Lockie Andrews director 3701 WAYZATA BLVD, MINNEAPOLIS MN 55416
John C. Davi officer: EVP, Chief Technology Officer 3701 WAYZATA BLVD, MINNEAPOLIS MN 55416
Springhill Investments Llc 10 percent owner ONE TOWNE SQUARE, SUITE 1600, SOUTHFIELD MI 48076
James Grosfeld 10 percent owner C/O MERRILL LYNCH ASSET MANAGEMENT, 800 SCUDDERS MILL RD LEGAL ADVISORY 2-B, PLAINSBORO NJ 08536
James Grosfeld Trust 10 percent owner ONE TOWNE SQUARE, SUITE 1600, SOUTHFIELD MI 48076
New Walnut Gp Llc 10 percent owner 655 MADISON AVENUE, 11TH FLOOR, NEW YORK NY 10065
Torch Brc, Lp 10 percent owner 405 LEXINGTON AVENUE, SUITE 839, SUITE 2215, NEW YORK NY 10174
Walnut Brc, L.p. 10 percent owner 655 MADISON AVENUE, 11TH FLOOR, NEW YORK NY 10065
Jim Brian Lain officer: EVP & Chief Operating Officer 7201 METRO BOULEVARD, MINNEAPOLIS MN 55439
Michael Heath Ferranti officer: SVP, People and Culture 16011 RANCHITA DRIVE, DALLAS TX 75252