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RE/MAX Holdings (RE/MAX Holdings) Cyclically Adjusted PS Ratio : 0.42 (As of Apr. 29, 2024)


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What is RE/MAX Holdings Cyclically Adjusted PS Ratio?

As of today (2024-04-29), RE/MAX Holdings's current share price is $7.19. RE/MAX Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $17.02. RE/MAX Holdings's Cyclically Adjusted PS Ratio for today is 0.42.

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

RMAX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.41   Med: 1.15   Max: 2.11
Current: 0.41

During the past years, RE/MAX Holdings's highest Cyclically Adjusted PS Ratio was 2.11. The lowest was 0.41. And the median was 1.15.

RMAX's Cyclically Adjusted PS Ratio is ranked better than
82.23% of 1362 companies
in the Real Estate industry
Industry Median: 1.715 vs RMAX: 0.41

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.

RE/MAX Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was $4.196. 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 $17.02 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


RE/MAX Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for RE/MAX Holdings'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.

RE/MAX Holdings Cyclically Adjusted PS Ratio Chart

RE/MAX Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.96 1.12 0.78

RE/MAX Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.12 1.11 1.13 0.76 0.78

Competitive Comparison of RE/MAX Holdings's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, RE/MAX Holdings'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.


RE/MAX Holdings's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, RE/MAX Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where RE/MAX Holdings's Cyclically Adjusted PS Ratio falls into.



RE/MAX Holdings 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.

RE/MAX Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.19/17.02
=0.42

* 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.

RE/MAX Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, RE/MAX Holdings's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=4.196/129.4194*129.4194
=4.196

Current CPI (Dec. 2023) = 129.4194.

RE/MAX Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.418 99.695 4.437
201406 3.459 100.560 4.452
201409 3.618 100.428 4.662
201412 3.471 99.070 4.534
201503 3.596 99.621 4.672
201506 3.571 100.684 4.590
201509 3.632 100.392 4.682
201512 3.011 99.792 3.905
201603 2.433 100.470 3.134
201606 2.457 101.688 3.127
201609 2.575 101.861 3.272
201612 2.471 101.863 3.139
201703 2.676 102.862 3.367
201706 2.749 103.349 3.442
201709 2.766 104.136 3.438
201712 2.733 104.011 3.401
201803 2.964 105.290 3.643
201806 3.054 106.317 3.718
201809 3.087 106.507 3.751
201812 2.862 105.998 3.494
201903 3.995 107.251 4.821
201906 4.003 108.070 4.794
201909 4.010 108.329 4.791
201912 3.793 108.420 4.528
202003 3.897 108.902 4.631
202006 2.877 108.767 3.423
202009 3.869 109.815 4.560
202012 3.864 109.897 4.550
202103 3.832 111.754 4.438
202106 4.078 114.631 4.604
202109 4.856 115.734 5.430
202112 4.741 117.630 5.216
202203 4.737 121.301 5.054
202206 4.812 125.017 4.981
202209 4.712 125.227 4.870
202212 4.481 125.222 4.631
202303 4.766 127.348 4.844
202306 4.484 128.729 4.508
202309 4.475 129.860 4.460
202312 4.196 129.419 4.196

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.


RE/MAX Holdings  (NYSE:RMAX) 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.


RE/MAX Holdings Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of RE/MAX Holdings's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


RE/MAX Holdings (RE/MAX Holdings) Business Description

Traded in Other Exchanges
Address
5075 South Syracuse Street, Denver, CO, USA, 80237
RE/MAX Holdings Inc operates as a franchisor of real estate brokerage services. It recruits and retains agents and sells franchises. The company's operating segments include Real Estate, Mortgage, Marketing Funds, and Other. It generates maximum revenue from the Real Estate segment.
Executives
Magnolia Capital Fund, Lp 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Leah R Jenkins officer: VP, Chief Accounting Officer 5075 S. SYRACUSE ST., DENVER CO 80237
Kathleen J Cunningham director 5075 S. SYRACUSE ST., DENVER CO 80237
Norman K. Jenkins director 9211 GLADYS FARM WAY, GAITHERSBURG MD 20882
Adam W Grosshans officer: VP, Chief Accounting Officer 5075 S SYRACUSE ST, DENVER CO 80218
Katherine Lee Scherping director 6312 SOUTH FIDDLERS GREEN CIRCLE, SUITE 200 NORTH, GREENWOOD VILLAGE CO 80111
Ronald E. Harrison director 5075 S. SYRACUSE ST., DENVER CO 80237
William Grady Ligon officer: Chief Information Officer 5075 S. SYRACUSE ST., DENVER CO 80237
Susan L Winders officer: Vice President General Counsel 5075 S. SYRACUSE ST., DENVER CO 80237
Adam K Peterson 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Magnolia Group, Llc 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Annita M Menogan director 5075 S. SYRACUSE ST., DENVER CO 80237
Brett A Ritchie officer: VP, Chief Accounting Officer 5075 S. SYRACUSE ST., DENVER CO 80237
Daniel J. Predovich director 5075 S. SYRACUSE ST., DENVER CO 80237
Laura G. Kelly director PO BOX 807, 663 HIGHWAY 60, MONETT MO 65708