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Ryland Group (FRA:RYG) Cyclically Adjusted PS Ratio : (As of May. 24, 2024)


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What is Ryland Group Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ryland Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ryland Group'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.

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Ryland Group Cyclically Adjusted PS Ratio Chart

Ryland Group Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted PS Ratio
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Ryland Group Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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Competitive Comparison of Ryland Group's Cyclically Adjusted PS Ratio

For the Residential Construction subindustry, Ryland Group'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.


Ryland Group's Cyclically Adjusted PS Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Ryland Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ryland Group 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.

Ryland Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2015 is calculated as:

For example, Ryland Group's adjusted Revenue per Share data for the three months ended in Jun. 2015 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2015 (Change)*Current CPI (Jun. 2015)
=9.994/100.6839*100.6839
=9.994

Current CPI (Jun. 2015) = 100.6839.

Ryland Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200509 20.759 83.876 24.919
200512 26.389 83.032 31.999
200603 18.478 84.298 22.070
200606 20.220 85.606 23.781
200609 19.957 85.606 23.472
200612 23.218 85.142 27.456
200703 12.637 86.640 14.685
200706 13.189 87.906 15.106
200709 12.633 87.964 14.460
200712 13.719 88.616 15.587
200803 6.346 90.090 7.092
200806 7.395 92.320 8.065
200809 8.897 92.307 9.704
200812 9.149 88.697 10.385
200903 4.741 89.744 5.319
200906 4.482 91.003 4.959
200909 5.134 91.120 5.673
200912 6.547 91.111 7.235
201003 4.209 91.821 4.615
201006 6.933 91.962 7.591
201009 3.504 92.162 3.828
201012 3.663 92.474 3.988
201103 2.702 94.283 2.885
201106 3.314 95.235 3.504
201109 4.069 95.727 4.280
201112 4.474 95.213 4.731
201203 3.674 96.783 3.822
201206 4.838 96.819 5.031
201209 5.305 97.633 5.471
201212 5.267 96.871 5.474
201303 5.421 98.209 5.558
201306 6.710 98.518 6.858
201309 7.475 98.790 7.618
201312 8.783 98.326 8.994
201403 6.091 99.695 6.151
201406 7.273 100.560 7.282
201409 9.067 100.428 9.090
201412 12.171 99.070 12.369
201503 8.245 99.621 8.333
201506 9.994 100.684 9.994

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.


Ryland Group  (FRA:RYG) 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.


Ryland Group Cyclically Adjusted PS Ratio Related Terms

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Ryland Group (FRA:RYG) Business Description

Traded in Other Exchanges
N/A
Address
Ryland Group Inc is a Maryland corporation, which was founded in 1967. It is a homebuilder and a mortgage-finance company. The Company consists of six operating business segments namely four geographically determined homebuilding regions; financial services; and corporate. The Company's homebuilding operations consist of four regional reporting segments namely North, Southeast, Texas and West. The homebuilding segments specialize in the sale and construction of single-family attached and detached housing. Its operations in each of its homebuilding markets might differ due to a number of market-specific factors. These factors include regional economic conditions and job growth; land availability and local land development; consumer preferences; competition from other homebuilders; and home resale activity. The Company's financial services segment includes RMC, RH Insurance Company, Inc. or RHIC, LPS Holdings Corporation and its subsidiaries and Columbia National Risk Retention Group, Inc. or CNRRG. Corporate is a non-operating business segment whose purpose is to support operations. Corporate is responsible for establishing operational policies and internal control standards; implementing strategic initiatives; and monitoring compliance with policies and controls throughout the Company's operations. Corporate acts as an internal source of capital and provides financial, human resource, information technology, insurance, legal, marketing, national purchasing and tax compliance services. In addition, it performs administrative functions associated with a publicly traded entity. Ryland Insurance Services or RIS, a wholly-owned subsidiary of RMC, provides insurance services to the Company's homebuyers. As single-family on-site homebuilders in the United States, it operates in 17 states. The Company's homebuilding segments are subject to a number of local, state and federal laws, statutes, ordinances, rules and regulations concerning zoning, building design, construction, stormwater permitting and discharge and similar matters, as well as open space, wetlands and environmentally protected areas.

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