GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » RBC Bearings Inc (NYSE:RBC) » Definitions » Cyclically Adjusted PS Ratio

RBC Bearings (RBC Bearings) Cyclically Adjusted PS Ratio : 6.85 (As of Apr. 27, 2024)


View and export this data going back to 2005. Start your Free Trial

What is RBC Bearings Cyclically Adjusted PS Ratio?

As of today (2024-04-27), RBC Bearings's current share price is $245.03. RBC Bearings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $35.75. RBC Bearings's Cyclically Adjusted PS Ratio for today is 6.85.

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

RBC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.47   Med: 5.99   Max: 9
Current: 6.83

During the past years, RBC Bearings's highest Cyclically Adjusted PS Ratio was 9.00. The lowest was 2.47. And the median was 5.99.

RBC's Cyclically Adjusted PS Ratio is ranked worse than
91.87% of 2152 companies
in the Industrial Products industry
Industry Median: 1.405 vs RBC: 6.83

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.

RBC Bearings's adjusted revenue per share data for the three months ended in Dec. 2023 was $12.803. 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 $35.75 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


RBC Bearings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for RBC Bearings'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.

RBC Bearings Cyclically Adjusted PS Ratio Chart

RBC Bearings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.70 4.68 7.77 6.74 7.05

RBC Bearings 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 6.61 7.05 6.37 6.66 7.97

Competitive Comparison of RBC Bearings's Cyclically Adjusted PS Ratio

For the Tools & Accessories subindustry, RBC Bearings'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.


RBC Bearings's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, RBC Bearings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



RBC Bearings 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.

RBC Bearings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=245.03/35.75
=6.85

* 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.

RBC Bearings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, RBC Bearings'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)
=12.803/129.4194*129.4194
=12.803

Current CPI (Dec. 2023) = 129.4194.

RBC Bearings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.868 99.695 6.319
201406 4.836 100.560 6.224
201409 4.805 100.428 6.192
201412 4.548 99.070 5.941
201503 4.840 99.621 6.288
201506 6.046 100.684 7.772
201509 6.329 100.392 8.159
201512 6.139 99.792 7.962
201603 6.902 100.470 8.891
201606 6.542 101.688 8.326
201609 6.492 101.861 8.248
201612 6.158 101.863 7.824
201703 6.681 102.862 8.406
201706 6.776 103.349 8.485
201709 6.759 104.136 8.400
201712 6.826 104.011 8.493
201803 7.345 105.290 9.028
201806 7.170 106.317 8.728
201809 6.995 106.507 8.500
201812 6.913 105.998 8.441
201903 7.349 107.251 8.868
201906 7.364 108.070 8.819
201909 7.304 108.329 8.726
201912 7.086 108.420 8.458
202003 7.315 108.902 8.693
202006 6.276 108.767 7.468
202009 5.863 109.815 6.910
202012 5.820 109.897 6.854
202103 6.252 111.754 7.240
202106 6.152 114.631 6.946
202109 6.310 115.734 7.056
202112 9.328 117.630 10.263
202203 12.386 121.301 13.215
202206 12.234 125.017 12.665
202209 12.690 125.227 13.115
202212 12.074 125.222 12.479
202303 13.540 127.348 13.760
202306 13.296 128.729 13.367
202309 13.233 129.860 13.188
202312 12.803 129.419 12.803

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.


RBC Bearings  (NYSE:RBC) 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.


RBC Bearings Cyclically Adjusted PS Ratio Related Terms

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


RBC Bearings (RBC Bearings) Business Description

Traded in Other Exchanges
Address
102 Willenbrock Road, One Tribology Center, Oxford, CT, USA, 06478
RBC Bearings Inc is a manufacturer and marketer of precision bearings and products used in aircraft and mechanical systems. The offering includes plain bearings, roller bearings, ball bearings, and engineered products. The products reduce wear in moving parts, facilitate proper power transmission, reduce damage and energy loss, and control pressure and flow. The primary customers for RBC Bearings are industrial markets and aerospace markets such as construction and mining, oil and natural resource extraction, heavy truck, marine, rail and train, packaging, commercial, private and military aircraft engines, and guided weaponry. The end market is the United States of America.
Executives
Michael H. Ambrose director ONE TRIBOLOGY CENTER, 102 WILLENBROCK ROAD, OXFORD CT 06478
Michael J Hartnett officer: President and CEO RBC BEARINGS, INC., 102 WILLENBROCK ROAD, ONE TRIBOLOGY CENTER, OXFORD CT 06478
Richard R Crowell director AURORA CAPITAL PARTNERS LP, 10877 WILSHIRE BOULEVARD SUITE 2100, LOS ANGELES CA 90024
Dolores J Ennico director RBC BEARINGS INCORPORATED, ONE TRIBOLOGY CENTER, OXFORD CT 06478
Robert M Sullivan officer: Corporate Controller 103 STILLWOLD DRIVE, WETHERSFIELD CT 06109
John J. Feeney officer: Vice President and Secretary ONE TRIBOLOGY CENTER, 102 WILLENBROCK ROAD, OXFORD CT 06478
Steven H. Kaplan director 11 LINDEN SHORES, BRANFORD CT 06405
Patrick S. Bannon officer: V.P. and General Manager 131 WOODS WAY DRIVE, SOUTHBURY CT 06488
Richard J Edwards officer: V.P. and General Manager RBC BEARINGS INCORPORATED, ONE TRIBOLOGY CENTER, OXFORD CT 06478
Edward Stewart director 5715 EAST CHENEY DRIVE, PARADISE VALLEY AZ 85253
Daniel A Bergeron officer: VP and CFO
Alan B Levine director
Ernest D Hawkins officer: Vice President of Finance 102 WILLENBROCK ROAD, OXFORD CT 06478
Amir Faghri director RBC BEARINGS INCORPORATED, ONE TRIBOLOGY CENTER, OXFORD CT 06478
Joseph Salamunovich officer: General Counsel and Secretary RBC BEARINGS INCORPORATED, ONE TRIBOLOGY CENTER, OXFORD CT 06478