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Rightmove (FRA:3JDA) Cyclically Adjusted PB Ratio : 90.71 (As of May. 22, 2024)


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What is Rightmove Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Rightmove's current share price is €6.35. Rightmove's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €0.07. Rightmove's Cyclically Adjusted PB Ratio for today is 90.71.

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

FRA:3JDA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 84.8   Med: 310.7   Max: 649.6
Current: 98.39

During the past 13 years, Rightmove's highest Cyclically Adjusted PB Ratio was 649.60. The lowest was 84.80. And the median was 310.70.

FRA:3JDA's Cyclically Adjusted PB Ratio is ranked worse than
99.32% of 295 companies
in the Interactive Media industry
Industry Median: 1.66 vs FRA:3JDA: 98.39

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.

Rightmove's adjusted book value per share data of for the fiscal year that ended in Dec23 was €0.100. 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 €0.07 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rightmove Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Rightmove's Cyclically Adjusted PB 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.

Rightmove Cyclically Adjusted PB Ratio Chart

Rightmove Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 362.70 226.51 223.02 110.36 103.19

Rightmove Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cyclically Adjusted PB 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 223.02 - 110.36 - 103.19

Competitive Comparison of Rightmove's Cyclically Adjusted PB Ratio

For the Internet Content & Information subindustry, Rightmove'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.


Rightmove's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Rightmove's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Rightmove Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.

Rightmove's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.35/0.07
=90.71

* 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.

Rightmove's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Rightmove's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.1/130.5000*130.5000
=0.100

Current CPI (Dec23) = 130.5000.

Rightmove Annual Data

Book Value per Share CPI Adj_Book
201412 0.003 99.900 0.004
201512 0.010 100.400 0.013
201612 0.010 102.200 0.013
201712 0.021 105.000 0.026
201812 0.016 107.100 0.019
201912 0.056 108.500 0.067
202012 0.156 109.400 0.186
202112 0.098 114.700 0.111
202212 0.095 125.300 0.099
202312 0.100 130.500 0.100

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


Rightmove  (FRA:3JDA) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Rightmove Cyclically Adjusted PB Ratio Related Terms

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


Rightmove (FRA:3JDA) Business Description

Traded in Other Exchanges
Address
Caldecotte Lake Drive, 2 Caldecotte Lake Business Park, Caldecotte, Milton Keynes, GBR, MK7 8LE
Rightmove PLC provides online property search platforms. The company's customers include agents, buyers, renters, and new home developers. Rightmove provides users with tools such as the house price index, which tracks house prices and analyzes price trends in the U.K. house market, and a mortgage calculator, which estimates mortgages and monthly repayments. The company's segments include agencies, new homes, and others. Its agency segment provides resale and lettings property advertising services. The new homes segment provides property advertising services to new home developers. Its other segment includes overseas, commercial property, and nonproperty advertising services. The company generates maximum revenue from the agency segment.

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