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Red Robin Gourmet Burgers (Red Robin Gourmet Burgers) Cyclically Adjusted Book per Share : $24.80 (As of Dec. 2023)


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What is Red Robin Gourmet Burgers 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.

Red Robin Gourmet Burgers's adjusted book value per share for the three months ended in Dec. 2023 was $-1.316. 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 $24.80 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Red Robin Gourmet Burgers's average Cyclically Adjusted Book Growth Rate was -6.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.40% 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 Red Robin Gourmet Burgers was 13.80% per year. The lowest was -2.40% per year. And the median was 6.70% per year.

As of today (2024-04-27), Red Robin Gourmet Burgers's current stock price is $7.01. Red Robin Gourmet Burgers's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $24.80. Red Robin Gourmet Burgers's Cyclically Adjusted PB Ratio of today is 0.28.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Red Robin Gourmet Burgers was 4.48. The lowest was 0.21. And the median was 1.74.


Red Robin Gourmet Burgers Cyclically Adjusted Book per Share Historical Data

The historical data trend for Red Robin Gourmet Burgers'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.

Red Robin Gourmet Burgers Cyclically Adjusted Book per Share Chart

Red Robin Gourmet Burgers Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.19 26.64 26.63 26.37 24.80

Red Robin Gourmet Burgers Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Apr23 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 27.12 26.37 26.19 25.74 24.80

Competitive Comparison of Red Robin Gourmet Burgers's Cyclically Adjusted Book per Share

For the Restaurants subindustry, Red Robin Gourmet Burgers'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.


Red Robin Gourmet Burgers's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Red Robin Gourmet Burgers's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Red Robin Gourmet Burgers's Cyclically Adjusted PB Ratio falls into.



Red Robin Gourmet Burgers 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, Red Robin Gourmet Burgers'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)
=-1.316/129.4194*129.4194
=-1.316

Current CPI (Dec. 2023) = 129.4194.

Red Robin Gourmet Burgers Quarterly Data

Book Value per Share CPI Adj_Book
201312 24.209 98.326 31.865
201403 24.641 99.695 31.988
201406 25.529 100.560 32.856
201409 25.386 100.428 32.714
201412 25.619 99.070 33.467
201503 26.959 99.621 35.023
201506 27.779 100.684 35.707
201509 27.972 100.392 36.060
201512 27.466 99.792 35.620
201603 27.803 100.470 35.814
201606 28.657 101.688 36.472
201609 28.222 101.861 35.857
201612 27.132 101.863 34.472
201703 28.110 102.862 35.368
201706 28.783 103.349 36.044
201709 29.128 104.136 36.200
201712 29.909 104.011 37.215
201803 30.274 105.290 37.212
201806 30.133 106.317 36.681
201809 30.330 106.507 36.855
201812 29.512 105.998 36.033
201903 28.351 107.251 34.211
201906 28.472 108.070 34.097
201909 28.386 108.329 33.912
201912 27.898 108.420 33.301
202003 0.000 108.902 0.000
202006 10.169 108.767 12.100
202009 9.853 109.815 11.612
202012 7.764 109.897 9.143
202103 7.207 111.754 8.346
202106 6.946 114.631 7.842
202109 6.117 115.734 6.840
202112 4.896 117.630 5.387
202203 0.000 121.301 0.000
202206 3.873 125.017 4.009
202209 3.247 125.227 3.356
202212 0.112 125.222 0.116
202304 0.292 127.992 0.295
202309 -0.565 129.860 -0.563
202312 -1.316 129.419 -1.316

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


Red Robin Gourmet Burgers  (NAS:RRGB) 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.

Red Robin Gourmet Burgers's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.01/24.8
=0.28

* 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 Red Robin Gourmet Burgers was 4.48. The lowest was 0.21. And the median was 1.74.


Be Aware

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


Red Robin Gourmet Burgers Cyclically Adjusted Book per Share Related Terms

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


Red Robin Gourmet Burgers (Red Robin Gourmet Burgers) Business Description

Traded in Other Exchanges
Address
10000 E. Geddes Avenue, Suite 500, Englewood, CO, USA, 80112
Red Robin Gourmet Burgers Inc is a restaurant operator. The company develops, operates, and franchises casual-dining restaurants and fast-casual restaurants in North America. Its brands are Red Robin, Red Robin Gourmet Burgers, Red Robin America's Gourmet Burgers and Spirits, Red Robin Burger Works, YUMMM, Red Robin Gourmet Burgers and Brews, and Red Robin Royalty names and logos. The company's revenue consists of sales from restaurant operations, gift card breakage, franchise royalties and fees, and other miscellaneous revenue.
Executives
Archon Capital Management Llc 10 percent owner 1100 19TH AVENUE EAST, SEATTLE WA 98112
Jyoti A. Lynch officer: CHIEF TECHNOLOGY OFFICER 5830 GRANITE PARKWAY, 3RD FLOOR, PLANO TX 75024
Gerard Johan Hart director 6040 DUTCHMANS LANE, SUITE 200, LOUISVILLE KY 40205
Christofilis, Constantinos 10 percent owner 2010 EAST GALER STREET, SEATTLE WA 98112
Nicole Miller Regan director 10000 E GEDDES AVE, STE 500, ENGLEWOOD CO 80112
Allison A. Page director 6312 S FIDDLERS GREEN CIRCLE, SUITE 200N, GREENWOOD VILLAGE CO 80111
Kevin E. Mayer officer: Chief Marketing Officer 7755 CENTER AVE., SUITE 300, HUNTINGTON BEACH CA 92647
Geoffrey Wayne Davis officer: Chief Human Resource Officer 6312 S FIDDLERS GREEN CIRCLE, 200N, GREENWOOD VILLAGE CO 80111
Sarah A. Mussetter officer: CHIEF LEGAL OFFICER HOLME ROBERTS & OWEN LLP, 1700 LINCOLN STREET, SUITE 4100, DENVER CO 80203
David Pace director
Thomas G. Conforti director WYNDHAM WORLDWIDE CORPORATION, 22 SYLVAN WAY, PARSIPPANY NJ 07054
Joshua Todd Wilson officer: CHIEF FINANCIAL OFFICER 10000 E GEDDES AVE, STE 500, ENGLEWOOD CO 80112
Steve Lumpkin director 10580 W. 192ND PLACE, SPRING HILLS KS 60083
Cheri Kinder officer: Chief Accounting Officer 14800 LANDMARK BOULEVARD, SUITE 500, ADDISON TX 75254
Murphy Paul J B Iii director, officer: President and CEO