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Randstad NV (WBO:RAND) Cyclically Adjusted PS Ratio : 0.32 (As of May. 24, 2024)


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What is Randstad NV Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Randstad NV's current share price is €50.02. Randstad NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €154.35. Randstad NV's Cyclically Adjusted PS Ratio for today is 0.32.

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

WBO:RAND' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.44   Max: 0.59
Current: 0.34

During the past years, Randstad NV's highest Cyclically Adjusted PS Ratio was 0.59. The lowest was 0.26. And the median was 0.44.

WBO:RAND's Cyclically Adjusted PS Ratio is ranked better than
75.32% of 693 companies
in the Business Services industry
Industry Median: 0.88 vs WBO:RAND: 0.34

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.

Randstad NV's adjusted revenue per share data for the three months ended in Mar. 2024 was €33.229. 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 €154.35 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Randstad NV Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Randstad NV'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.

Randstad NV Cyclically Adjusted PS Ratio Chart

Randstad NV 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 0.48 0.46 0.48 0.41 0.39

Randstad NV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.39 0.34 0.36 0.39 0.33

Competitive Comparison of Randstad NV's Cyclically Adjusted PS Ratio

For the Staffing & Employment Services subindustry, Randstad NV'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.


Randstad NV's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Randstad NV's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Randstad NV 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.

Randstad NV's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=50.02/154.35
=0.32

* 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.

Randstad NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=33.229/128.5800*128.5800
=33.229

Current CPI (Mar. 2024) = 128.5800.

Randstad NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 23.568 99.240 30.536
201409 24.815 99.960 31.920
201412 24.647 99.050 31.995
201503 24.456 99.750 31.524
201506 26.258 100.230 33.685
201509 27.004 100.500 34.549
201512 27.118 99.730 34.963
201603 25.663 100.310 32.896
201606 27.807 100.260 35.662
201609 29.120 100.570 37.230
201612 29.963 100.710 38.255
201703 30.300 101.440 38.407
201706 31.898 101.370 40.460
201709 31.913 102.030 40.217
201712 32.436 101.970 40.900
201803 30.970 102.470 38.861
201806 32.764 103.100 40.861
201809 32.712 103.950 40.463
201812 33.140 103.970 40.984
201903 31.144 105.370 38.004
201906 32.393 105.840 39.353
201909 32.659 106.700 39.356
201912 32.493 106.800 39.119
202003 29.472 106.850 35.466
202006 24.114 107.510 28.840
202009 28.120 107.880 33.516
202012 30.707 107.850 36.609
202103 29.962 108.870 35.386
202106 32.854 109.670 38.519
202109 33.882 110.790 39.323
202112 36.351 114.010 40.997
202203 36.042 119.460 38.794
202206 37.485 119.050 40.486
202209 38.420 126.890 38.932
202212 38.061 124.940 39.170
202303 35.501 124.720 36.600
202306 35.251 125.830 36.021
202309 34.377 127.160 34.761
202312 36.716 126.450 37.334
202403 33.229 128.580 33.229

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.


Randstad NV  (WBO:RAND) 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.


Randstad NV Cyclically Adjusted PS Ratio Related Terms

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


Randstad NV (WBO:RAND) Business Description

Industry
Address
Diemermere 25, Diemen, NH, NLD, 1112 TC
Randstad NV is engaged in the HR services industry. The company is the largest HR services provider and is driven to become the most valued working life partner, supporting as many people as possible in realizing their true potential throughout their working lives. The company provides companies with high-quality, diverse, and agile workforces as per need while helping people get rewarding jobs and stay relevant in the ever-changing world of work.