Robert Half (MEX:RHI) Cyclically Adjusted Book per Share: MXN694.78 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:RHI Robert Half Inc MEX:RHI
71 GF Score
Price MXN1,315.00
GF Value MXN2,141.26
! 7 Warning Signs
View Full Analysis

What is Robert Half Cyclically Adjusted Book per Share?

Robert Half MEX:RHI 71 Cyclically Adjusted Book per Share is MXN694.78 as of Mar. 2026. GuruFocus rates MEX:RHI with a GF Score™ of 71/100 and a GF Value™ of MXN2,141.26. The stock has 7 warning signs investors should review.

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.

Robert Half's adjusted book value per share for the three months ended in Mar. 2026 was MXN217.045. 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 MXN694.78 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Robert Half's average Cyclically Adjusted Book Growth Rate was 4.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.50% 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 Robert Half was 21.50% per year. The lowest was 2.20% per year. And the median was 8.00% per year.

As of today (2026-07-15), Robert Half's current stock price is MXN1315.00. Robert Half's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN694.78. Robert Half's Cyclically Adjusted PB Ratio of today is 1.89.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Robert Half was 12.92. The lowest was 1.70. And the median was 6.96.


Robert Half  (MEX:RHI) 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.

Robert Half's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1315.00/694.78
=1.89

* 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 Robert Half was 12.92. The lowest was 1.70. And the median was 6.96.


Be Aware

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


Robert Half Cyclically Adjusted Book per Share Related Terms


Robert Half Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Robert Half'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.

Robert Half Cyclically Adjusted Book per Share Chart

Robert Half Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 171.38 229.90 175.59 234.22 636.20

Robert Half Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 308.32 415.48 507.73 636.20 694.78

MEX:RHI vs KFY, TNET, MAN: Cyclically Adjusted Book per Share Comparison

For the Staffing & Employment Services subindustry, Robert Half'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.


Robert Half Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Robert Half's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Robert Half's Cyclically Adjusted PB Ratio falls into.


MEX:RHI
71GF Score
Robert Half Inc MEX:RHI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Robert Half 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, Robert Half's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=217.045/330.2130*330.2130
=217.045

Current CPI (Mar. 2026) = 330.2130.

Robert Half Quarterly Data

Book Value per Share CPI Adj_Book
201606 151.984 241.018 208.230
201609 164.262 241.428 224.669
201612 175.297 241.432 239.758
201703 160.035 243.801 216.757
201706 158.204 244.955 213.268
201709 165.025 246.819 220.783
201712 174.688 246.524 233.990
201803 163.910 249.554 216.888
201806 178.048 251.989 233.319
201809 172.343 252.439 225.440
201812 175.313 251.233 230.426
201903 176.572 254.202 229.370
201906 181.242 256.143 233.653
201909 189.064 256.759 243.152
201912 187.368 256.974 240.769
202003 231.187 258.115 295.763
202006 232.906 257.797 298.330
202009 231.015 260.280 293.085
202012 211.933 260.474 268.676
202103 217.077 264.877 270.622
202106 223.869 271.696 272.085
202109 243.065 274.310 292.600
202112 255.957 278.802 303.155
202203 261.190 287.504 299.990
202206 269.386 296.311 300.207
202209 276.406 296.808 307.515
202212 283.948 296.797 315.917
202303 267.370 301.836 292.507
202306 260.086 305.109 281.486
202309 259.893 307.789 278.828
202312 256.262 306.746 275.867
202403 240.287 312.332 254.043
202406 260.596 314.175 273.899
202409 281.076 315.301 294.369
202412 281.208 315.605 294.224
202503 262.971 319.799 271.534
202506 242.801 322.561 248.561
202509 233.216 324.800 237.103
202512 227.135 324.054 231.452
202603 217.045 330.213 217.045

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

What does a Cyclically Adjusted Book per Share of MXN694.78 mean?
Robert Half (MEX:RHI) has a Cyclically Adjusted Book per Share of MXN694.78 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Robert Half and its competitors.
Is Robert Half's Cyclically Adjusted Book per Share too high?
Robert Half's current Cyclically Adjusted Book per Share is MXN694.78. Overall, Robert Half has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Robert Half's Cyclically Adjusted Book per Share compare to KFY and TNET?
Robert Half's Cyclically Adjusted Book per Share of MXN694.78 can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Business Services company?
A good Cyclically Adjusted Book per Share depends on the Business Services industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Robert Half and its competitors. Robert Half's current Cyclically Adjusted Book per Share is MXN694.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Robert Half stock overvalued right now?
Robert Half (MEX:RHI) has a current Cyclically Adjusted Book per Share of MXN694.78. The stock's GF Value™ is MXN2,141.26, compared to a current price of MXN1,315.00 — trading 38.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is MXN694.78. Robert Half's overall GF Score™ is 71/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Robert Half (MEX:RHI), the current Cyclically Adjusted Book per Share is MXN694.78 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Robert Half (MEX:RHI) Overvalued in 2026?

Based on GuruFocus' analysis, Robert Half stock appears to be undervalued. The current stock price of MXN1,315.00 is trading 38.6% below its estimated GF Value™ of MXN2,141.26.

Key valuation signals for MEX:RHI:

  • Cyclically Adjusted Book per Share: MXN694.78
  • GF Value™: MXN2,141.26 vs. price of MXN1,315.00 (38.6% below fair value)
  • GF Score™: 71/100 with 7 warning signs

No single metric tells the full story. See the MEX:RHI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Robert Half Business Description

Address 2884 Sand Hill Road, Suite 200, Menlo Park, CA, USA, 94025
Robert Half Inc was founded in 1948, Robert Half provides temporary, permanent, and outcome-based staffing for both in-person and remote positions in the finance and accounting, technology, legal, marketing, and administrative fields. Its subsidiary consulting arm, Protiviti, specializes in technology, risk, auditing, and compliance matters. The firm generates its sales inside the U.S. and is one of the specialized firms in the fragmented U.S. staffing industry.
71GF Score

Get the complete analysis for MEX:RHI

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,315.00
Price
MXN2,141.26
GF Value