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Randstad NV (Randstad NV) Cyclically Adjusted PB Ratio : 1.65 (As of May. 21, 2024)


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What is Randstad NV Cyclically Adjusted PB Ratio?

As of today (2024-05-21), Randstad NV's current share price is $51.05. Randstad NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $30.86. Randstad NV's Cyclically Adjusted PB Ratio for today is 1.65.

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

RANJF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.42   Med: 2.39   Max: 3.46
Current: 1.88

During the past years, Randstad NV's highest Cyclically Adjusted PB Ratio was 3.46. The lowest was 1.42. And the median was 2.39.

RANJF's Cyclically Adjusted PB Ratio is ranked worse than
56.06% of 660 companies
in the Business Services industry
Industry Median: 1.58 vs RANJF: 1.88

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.

Randstad NV's adjusted book value per share data for the three months ended in Mar. 2024 was $25.071. 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 $30.86 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Randstad NV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Randstad NV'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.

Randstad NV Cyclically Adjusted PB Ratio Chart

Randstad NV 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 2.69 2.52 2.61 2.21 2.14

Randstad NV 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 2.12 1.85 1.97 2.14 1.81

Competitive Comparison of Randstad NV's Cyclically Adjusted PB Ratio

For the Staffing & Employment Services subindustry, Randstad NV'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.


Randstad NV's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

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

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



Randstad NV 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.

Randstad NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=51.05/30.86
=1.65

* 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.

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

For example, Randstad NV'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)
=25.071/128.5800*128.5800
=25.071

Current CPI (Mar. 2024) = 128.5800.

Randstad NV Quarterly Data

Book Value per Share CPI Adj_Book
201406 22.639 99.240 29.332
201409 22.986 99.960 29.567
201412 22.717 99.050 29.490
201503 21.363 99.750 27.537
201506 21.821 100.230 27.993
201509 22.576 100.500 28.884
201512 23.098 99.730 29.780
201603 21.822 100.310 27.972
201606 23.162 100.260 29.704
201609 24.186 100.570 30.922
201612 23.939 100.710 30.564
201703 22.683 101.440 28.752
201706 24.184 101.370 30.676
201709 26.531 102.030 33.435
201712 27.275 101.970 34.393
201803 25.653 102.470 32.190
201806 25.948 103.100 32.361
201809 27.077 103.950 33.493
201812 27.624 103.970 34.163
201903 24.568 105.370 29.980
201906 25.603 105.840 31.104
201909 26.090 106.700 31.440
201912 27.161 106.800 32.700
202003 27.052 106.850 32.554
202006 27.144 107.510 32.464
202009 28.788 107.880 34.312
202012 30.981 107.850 36.936
202103 27.595 108.870 32.591
202106 29.074 109.670 34.087
202109 29.816 110.790 34.604
202112 30.253 114.010 34.119
202203 25.065 119.460 26.979
202206 25.415 119.050 27.449
202209 25.577 126.890 25.918
202212 28.498 124.940 29.328
202303 26.292 124.720 27.106
202306 27.204 125.830 27.799
202309 27.844 127.160 28.155
202312 28.785 126.450 29.270
202403 25.071 128.580 25.071

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.


Randstad NV  (OTCPK:RANJF) 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.


Randstad NV Cyclically Adjusted PB Ratio Related Terms

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


Randstad NV (Randstad NV) Business Description

Address
Diemermere 25, Diemen, NH, NLD, 1112 TC
Randstad NV is engaged in the HR services industry. The company is the largest HR services provider and is driven to become the most valued working life partner, supporting as many people as possible in realizing their true potential throughout their working lives. The company provides companies with high-quality, diverse, and agile workforces as per need while helping people get rewarding jobs and stay relevant in the ever-changing world of work.

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