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RB Global (RB Global) Cyclically Adjusted Price-to-FCF : 36.67 (As of Apr. 29, 2024)


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What is RB Global Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), RB Global's current share price is $73.71. RB Global's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.01. RB Global's Cyclically Adjusted Price-to-FCF for today is 36.67.

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

RBA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 28.14   Med: 50.81   Max: 151.06
Current: 37.61

During the past years, RB Global's highest Cyclically Adjusted Price-to-FCF was 151.06. The lowest was 28.14. And the median was 50.81.

RBA's Cyclically Adjusted Price-to-FCF is ranked worse than
76.94% of 360 companies
in the Business Services industry
Industry Median: 17.29 vs RBA: 37.61

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.

RB Global's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.239. 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 $2.01 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


RB Global Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for RB Global'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.

RB Global Cyclically Adjusted Price-to-FCF Chart

RB Global Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.98 51.93 37.30 30.21 33.36

RB Global Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 30.21 32.43 33.04 33.63 33.36

Competitive Comparison of RB Global's Cyclically Adjusted Price-to-FCF

For the Specialty Business Services subindustry, RB Global'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.


RB Global's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, RB Global's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



RB Global 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=73.71/2.01
=36.67

* 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.

RB Global's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, RB Global's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.239/129.4194*129.4194
=1.239

Current CPI (Dec. 2023) = 129.4194.

RB Global Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.883 99.695 1.146
201406 -0.084 100.560 -0.108
201409 -0.231 100.428 -0.298
201412 0.453 99.070 0.592
201503 0.969 99.621 1.259
201506 0.417 100.684 0.536
201509 0.106 100.392 0.137
201512 0.224 99.792 0.291
201603 1.489 100.470 1.918
201606 -0.216 101.688 -0.275
201609 0.003 101.861 0.004
201612 0.040 101.863 0.051
201703 1.178 102.862 1.482
201706 -0.235 103.349 -0.294
201709 -0.293 104.136 -0.364
201712 0.353 104.011 0.439
201803 0.531 105.290 0.653
201806 0.295 106.317 0.359
201809 -0.232 106.507 -0.282
201812 0.335 105.998 0.409
201903 0.577 107.251 0.696
201906 0.728 108.070 0.872
201909 1.282 108.329 1.532
201912 0.072 108.420 0.086
202003 -0.060 108.902 -0.071
202006 1.697 108.767 2.019
202009 0.515 109.815 0.607
202012 -0.190 109.897 -0.224
202103 1.531 111.754 1.773
202106 0.171 114.631 0.193
202109 0.737 115.734 0.824
202112 0.023 117.630 0.025
202203 1.570 121.301 1.675
202206 0.022 125.017 0.023
202209 0.282 125.227 0.291
202212 1.623 125.222 1.677
202303 -0.811 127.348 -0.824
202306 0.057 128.729 0.057
202309 0.310 129.860 0.309
202312 1.239 129.419 1.239

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.


RB Global  (NYSE:RBA) 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.


RB Global Cyclically Adjusted Price-to-FCF Related Terms

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


RB Global (RB Global) Business Description

Industry
Traded in Other Exchanges
Address
Two Westbrook Corporate Center, Suite 500, Westchester, IL, USA, 60154
RB Global operates the world's largest auction for heavy equipment. The company started as a live auctioneer of industrial equipment, since then it has greatly expanded its operations to include the sale of construction, agricultural, oilfield, and transportation equipment. RB Global operates over 40 live auction sites in more than 12 countries, along with online marketplaces, including IronPlanet, Marketplace-E, and GovPlanet. Its agricultural auctions are frequently much smaller venues and can include liquidations of single farms. The company holds over 300 auctions yearly and sells $6 billion worth of equipment.
Executives
Darren Jeffrey Watt officer: Gen. Counsel & Corp. Secretary C/O RITCHIE BROS. AUCTIONEERS INC., 9500 GLENLYON PARKWAY, BURNABY A1 V5J 0C6
James J Jeter officer: President, Sales U.S. C/O RITCHIE BROS. AUCTIONEERS INC., 9500 GLENLYON PARKWAY, BURNABY A1 V5J 0C6
Ann Fandozzi director, officer: CEO C/O RITCHIE BROS. AUCTIONEERS INC, 9500 GLENLYON PARKWAY, BURNABY A1 V5J 0C6
James Francis Kessler officer: Chief Operating Officer C/O RITCHIE BROS. AUCTIONEERS INC., 9500 GLENLYON PARKWAY, BURNABY A1 V5J 0C6
Timothy J. O'day director TWO WESTBROOK CORPORATE CENTER, SUITE 50, WESTCHESTER IL 60154
Baron Concors officer: Chief Information Officer C/O 9500 GLENLYON PARKWAY, BURNABY A0 V5J 0C6
Andrew John Fesler officer: Chief People Officer C/O RB GLOBAL, INC., 2 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Megan Anne Cash officer: Principal Fin. & Acctg Officer C/O RB GLOBAL, INC., 2 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Erik Olsson director C/O RSC HOLDINGS INC., 6929 E. GREENWAY PARKWAY, SCOTTSDALE AZ 85254
Michael D Sieger director C/O THE PROGRESSIVE CORPORATION, 6300 WILSON MILLS ROAD, MAYFIELD VILLAGE OH 44143
Adam Dewitt director 39 SOUTH LASALLE STREET, SUITE 220, CHICAGO IL 60603
Sarah E. Raiss director 6565 N. MACARTHUR BLVD., SUITE 800, IRVING TX 75039
Carol Stephenson director 300 RENAISSANCE CENTER, M/C:482-C24-A68, DETROIT MI 48265-3000
Robert George Elton director C/O RITCHIE BROS. AUCTIONEERS INC., 9500 GLENLYON PARKWAY, BURNABY A1 V5J 0C6
Lisa Hook director NEUSTAR, INC. - C/O DENIS CURRAN, 46000 CENTER OAK PLAZA, STERLING VA 20166