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RE/MAX Holdings (RE/MAX Holdings) Shiller PE Ratio : 13.35 (As of Apr. 26, 2024)


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What is RE/MAX Holdings Shiller PE Ratio?

As of today (2024-04-26), RE/MAX Holdings's current share price is $7.21. RE/MAX Holdings's E10 for the quarter that ended in Dec. 2023 was $0.54. RE/MAX Holdings's Shiller PE Ratio for today is 13.35.

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

RMAX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.33   Med: 22.73   Max: 38.19
Current: 13.35

During the past years, RE/MAX Holdings's highest Shiller PE Ratio was 38.19. The lowest was 13.33. And the median was 22.73.

RMAX's Shiller PE Ratio is ranked worse than
61.04% of 1060 companies
in the Real Estate industry
Industry Median: 10.92 vs RMAX: 13.35

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.

RE/MAX Holdings's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.590. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.54 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


RE/MAX Holdings Shiller PE Ratio Historical Data

The historical data trend for RE/MAX Holdings's Shiller PE 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 Shiller PE Ratio Chart

RE/MAX Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 36.17 19.14 24.86

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
Shiller PE 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 19.14 19.54 20.13 21.11 24.86

Competitive Comparison of RE/MAX Holdings's Shiller PE Ratio

For the Real Estate Services subindustry, RE/MAX Holdings's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where RE/MAX Holdings's Shiller PE Ratio falls into.



RE/MAX Holdings Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

RE/MAX Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=7.21/0.54
=13.35

* 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 E10 for the quarter that ended in Dec. 2023 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.59/129.4194*129.4194
=-0.590

Current CPI (Dec. 2023) = 129.4194.

RE/MAX Holdings Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.200 99.695 0.260
201406 0.360 100.560 0.463
201409 0.350 100.428 0.451
201412 0.190 99.070 0.248
201503 0.220 99.621 0.286
201506 0.400 100.684 0.514
201509 0.390 100.392 0.503
201512 0.280 99.792 0.363
201603 0.280 100.470 0.361
201606 0.390 101.688 0.496
201609 0.380 101.861 0.483
201612 0.220 101.863 0.280
201703 0.260 102.862 0.327
201706 0.420 103.349 0.526
201709 0.210 104.136 0.261
201712 -0.200 104.011 -0.249
201803 0.280 105.290 0.344
201806 0.430 106.317 0.523
201809 0.460 106.507 0.559
201812 0.350 105.998 0.427
201903 0.250 107.251 0.302
201906 0.480 108.070 0.575
201909 0.510 108.329 0.609
201912 0.160 108.420 0.191
202003 0.150 108.902 0.178
202006 0.190 108.767 0.226
202009 0.200 109.815 0.236
202012 0.070 109.897 0.082
202103 0.060 111.754 0.069
202106 0.280 114.631 0.316
202109 -1.340 115.734 -1.498
202112 0.160 117.630 0.176
202203 0.080 121.301 0.085
202206 0.300 125.017 0.311
202209 0.010 125.227 0.010
202212 -0.140 125.222 -0.145
202303 -0.040 127.348 -0.041
202306 0.110 128.729 0.111
202309 -3.280 129.860 -3.269
202312 -0.590 129.419 -0.590

Add all the adjusted EPS together and divide 10 will get our E10.

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) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


RE/MAX Holdings Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of RE/MAX Holdings's Shiller PE 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