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RPC (FRA:RLD) Cyclically Adjusted PB Ratio : 1.40 (As of May. 26, 2024)


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What is RPC Cyclically Adjusted PB Ratio?

As of today (2024-05-26), RPC's current share price is €6.20. RPC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €4.44. RPC's Cyclically Adjusted PB Ratio for today is 1.40.

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

FRA:RLD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 3.22   Max: 9.55
Current: 1.41

During the past years, RPC's highest Cyclically Adjusted PB Ratio was 9.55. The lowest was 0.47. And the median was 3.22.

FRA:RLD's Cyclically Adjusted PB Ratio is ranked worse than
64.88% of 820 companies
in the Oil & Gas industry
Industry Median: 0.98 vs FRA:RLD: 1.41

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.

RPC's adjusted book value per share data for the three months ended in Mar. 2024 was €4.435. 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 €4.44 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


RPC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for RPC'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.

RPC Cyclically Adjusted PB Ratio Chart

RPC 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 1.24 0.73 1.00 1.89 1.53

RPC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.62 1.50 1.87 1.53 1.61

Competitive Comparison of RPC's Cyclically Adjusted PB Ratio

For the Oil & Gas Equipment & Services subindustry, RPC'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.


RPC's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, RPC's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



RPC 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.20/4.44
=1.40

* 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.

RPC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, RPC's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=4.435/131.7762*131.7762
=4.435

Current CPI (Mar. 2024) = 131.7762.

RPC Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.436 100.560 4.503
201409 3.766 100.428 4.942
201412 4.039 99.070 5.372
201503 4.521 99.621 5.980
201506 4.188 100.684 5.481
201509 4.052 100.392 5.319
201512 4.029 99.792 5.320
201603 3.796 100.470 4.979
201606 3.576 101.688 4.634
201609 3.432 101.861 4.440
201612 3.517 101.863 4.550
201703 3.467 102.862 4.442
201706 3.474 103.349 4.430
201709 3.416 104.136 4.323
201712 3.558 104.011 4.508
201803 3.439 105.290 4.304
201806 3.765 106.317 4.667
201809 3.896 106.507 4.820
201812 3.894 105.998 4.841
201903 3.817 107.251 4.690
201906 3.801 108.070 4.635
201909 3.620 108.329 4.404
201912 3.485 108.420 4.236
202003 2.822 108.902 3.415
202006 2.678 108.767 3.245
202009 2.517 109.815 3.020
202012 2.415 109.897 2.896
202103 2.426 111.754 2.861
202106 2.401 114.631 2.760
202109 2.486 115.734 2.831
202112 2.634 117.630 2.951
202203 2.759 121.301 2.997
202206 3.085 125.017 3.252
202209 3.606 125.227 3.795
202212 3.738 125.222 3.934
202303 4.005 127.348 4.144
202306 4.211 128.729 4.311
202309 4.324 129.860 4.388
202312 4.361 129.419 4.440
202403 4.435 131.776 4.435

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.


RPC  (FRA:RLD) 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.


RPC Cyclically Adjusted PB Ratio Related Terms

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


RPC (FRA:RLD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » RPC Inc (FRA:RLD) » Definitions » Cyclically Adjusted PB Ratio
Traded in Other Exchanges
Address
2801 Buford Highway NE, Suite 300, Atlanta, GA, USA, 30329
RPC Inc is an oilfield services company. It provides specialized oilfield services and equipment primarily to independent and major oil and gas companies engaged in the exploration, production, and development of oil and gas properties throughout the United States. The company's operating segment includes Technical Services and Support Services. It generates maximum revenue from the Technical Services segment. Technical Services segment consists primarily of pressure pumping, downhole tools, coiled tubing, snubbing, nitrogen, well control, wireline, and fishing. Support Services segment consists primarily of drill pipe and related tools, pipe handling, pipe inspection and storage services, and oilfield training and consulting services.

RPC (FRA:RLD) Headlines

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