RH (MIL:1RH) Cyclically Adjusted Book per Share: €11.16 (As of Apr. 2026)


MIL:1RH RH MIL:1RH
45 GF Score
Price €132.00
GF Value €256.06
Valuation Possible Value Trap
! 6 Warning Signs
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What is RH Cyclically Adjusted Book per Share?

RH MIL:1RH 45 Cyclically Adjusted Book per Share is €11.16 as of Apr. 2026. GuruFocus rates MIL:1RH with a GF Score™ of 45/100 and a GF Value™ of €256.06 (Possible Value Trap). The stock has 6 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.

RH's adjusted book value per share for the three months ended in Apr. 2026 was €2.575. 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 €11.16 for the trailing ten years ended in Apr. 2026.

During the past 12 months, RH's average Cyclically Adjusted Book Growth Rate was -15.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -12.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.80% 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 RH was 26.40% per year. The lowest was -12.90% per year. And the median was 14.85% per year.

As of today (2026-07-02), RH's current stock price is €132.00. RH's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was €11.16. RH's Cyclically Adjusted PB Ratio of today is 11.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of RH was 63.94. The lowest was 2.46. And the median was 14.15.


RH  (MIL:1RH) 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.

RH's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=132.00/11.16
=11.83

* 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 RH was 63.94. The lowest was 2.46. And the median was 14.15.


Be Aware

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


RH Cyclically Adjusted Book per Share Related Terms


RH Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for RH'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.

RH Cyclically Adjusted Book per Share Chart

RH Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 11.21

RH Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.00 13.03 12.65 11.21 11.16

MIL:1RH vs ASO, MNSO, BOBS: Cyclically Adjusted Book per Share Comparison

For the Specialty Retail subindustry, RH'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.


RH Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, RH's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MIL:1RH
45GF Score
RH MIL:1RH
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RH 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, RH's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book= Book Value per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=2.575/333.0200*333.0200
=2.575

Current CPI (Apr. 2026) = 333.0200.

RH Quarterly Data

Book Value per Share CPI Adj_Book
201607 19.859 240.628 27.484
201610 20.098 241.729 27.688
201701 21.178 242.839 29.043
201704 17.567 244.524 23.925
201707 -1.918 244.786 -2.609
201710 -1.010 246.663 -1.364
201801 -0.280 247.867 -0.376
201804 0.326 250.546 0.433
201807 5.625 252.006 7.433
201810 1.313 252.885 1.729
201901 -1.655 251.712 -2.190
201904 -11.993 255.548 -15.629
201907 -8.536 256.571 -11.079
201910 -3.019 257.346 -3.907
202001 0.874 257.971 1.128
202004 0.914 256.389 1.187
202007 5.737 259.101 7.374
202010 12.716 260.388 16.263
202101 17.481 261.582 22.255
202104 23.642 267.054 29.482
202107 31.865 273.003 38.870
202110 40.472 276.589 48.729
202201 48.102 281.148 56.977
202204 50.381 289.109 58.033
202207 50.580 296.276 56.853
202210 55.627 298.012 62.162
202301 33.031 299.170 36.768
202304 34.716 303.363 38.110
202307 -13.983 305.691 -15.233
202310 -17.321 307.671 -18.748
202401 -14.905 308.417 -16.094
202404 -14.731 313.548 -15.646
202407 -11.709 314.540 -12.397
202410 -9.032 315.664 -9.529
202501 -8.439 317.671 -8.847
202504 -5.263 320.795 -5.464
202507 -1.870 323.048 -1.928
202510 0.153 0.000
202601 2.740 325.252 2.805
202604 2.575 333.020 2.575

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 €11.16 mean?
RH (MIL:1RH) has a Cyclically Adjusted Book per Share of €11.16 as of Apr. 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 RH and its competitors.
Is RH's Cyclically Adjusted Book per Share too high?
RH's current Cyclically Adjusted Book per Share is €11.16. Overall, RH has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does RH's Cyclically Adjusted Book per Share compare to ASO and MNSO?
RH's Cyclically Adjusted Book per Share of €11.16 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Cyclically Adjusted Book per Share depends on the Retail - Cyclical 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 RH and its competitors. RH's current Cyclically Adjusted Book per Share is €11.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RH stock overvalued right now?
Based on GuruFocus' analysis, RH (MIL:1RH) is currently considered Possible Value Trap. The stock's GF Value™ is €256.06, compared to a current price of €132.00 — trading 48.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is €11.16. RH's overall GF Score™ is 45/100 with 6 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 RH (MIL:1RH), the current Cyclically Adjusted Book per Share is €11.16 as of Apr. 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 RH (MIL:1RH) Overvalued in 2026?

Based on GuruFocus' analysis, RH stock appears to be undervalued. The current stock price of €132.00 is trading 48.4% below its estimated GF Value™ of €256.06. GuruFocus considers RH to be Possible Value Trap.

Key valuation signals for MIL:1RH:

  • Cyclically Adjusted Book per Share: €11.16
  • GF Value™: €256.06 vs. price of €132.00 (48.4% below fair value)
  • GF Score™: 45/100 with 6 warning signs

No single metric tells the full story. See the MIL:1RH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RH Business Description

Address 15 Koch Road, Corte Madera, CA, USA, 94925
RH is a luxury furniture and lifestyle retailer primarily operating in the $136 billion domestic furniture and home furnishing industry. The firm offers merchandise across many categories, including furniture, lighting, textiles, bath, decor, and is growing the presence of its hospitality business with 26 restaurant locations, including RH Guesthouse. RH innovates, curates, and integrates products, categories, services, and businesses across channels and brand extensions (RH Estates and Waterworks, for example). RH is fully integrated across channels and is positioned to broaden its addressable market over the next decade via expanding abroad, its World of RH digital platform (highlighting offerings outside of home furnishings), and offerings in architecture, media, and more.
45GF Score

Get the complete analysis for MIL:1RH

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

€132.00
Price
€256.06
GF Value