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The RMR Group (FRA:26R) Cyclically Adjusted PS Ratio : 0.65 (As of Jun. 01, 2024)


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What is The RMR Group Cyclically Adjusted PS Ratio?

As of today (2024-06-01), The RMR Group's current share price is €21.20. The RMR Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €32.59. The RMR Group's Cyclically Adjusted PS Ratio for today is 0.65.

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

FRA:26R' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.62   Med: 0.67   Max: 0.79
Current: 0.64

During the past years, The RMR Group's highest Cyclically Adjusted PS Ratio was 0.79. The lowest was 0.62. And the median was 0.67.

FRA:26R's Cyclically Adjusted PS Ratio is ranked better than
74.03% of 1371 companies
in the Real Estate industry
Industry Median: 1.72 vs FRA:26R: 0.64

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

The RMR Group's adjusted revenue per share data for the three months ended in Mar. 2024 was €6.352. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €32.59 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The RMR Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for The RMR Group's Cyclically Adjusted PS 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.

The RMR Group Cyclically Adjusted PS Ratio Chart

The RMR Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
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The RMR Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS 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 - - - 0.79 0.66

Competitive Comparison of The RMR Group's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, The RMR Group's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


The RMR Group's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, The RMR Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where The RMR Group's Cyclically Adjusted PS Ratio falls into.



The RMR Group Cyclically Adjusted PS Ratio Calculation

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

The RMR Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=21.20/32.59
=0.65

* 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.

The RMR Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, The RMR Group's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=6.352/131.7762*131.7762
=6.352

Current CPI (Mar. 2024) = 131.7762.

The RMR Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.000 100.560 0.000
201409 4.168 100.428 5.469
201412 2.374 99.070 3.158
201503 2.877 99.621 3.806
201506 2.683 100.684 3.512
201509 42.867 100.392 56.268
201512 6.319 99.792 8.344
201603 2.712 100.470 3.557
201606 2.903 101.688 3.762
201609 3.131 101.861 4.051
201612 6.228 101.863 8.057
201703 3.165 102.862 4.055
201706 3.076 103.349 3.922
201709 2.959 104.136 3.744
201712 11.481 104.011 14.546
201803 2.985 105.290 3.736
201806 3.294 106.317 4.083
201809 3.454 106.507 4.273
201812 15.275 105.998 18.990
201903 7.130 107.251 8.760
201906 7.876 108.070 9.604
201909 8.953 108.329 10.891
201912 8.896 108.420 10.812
202003 4.088 108.902 4.947
202006 3.946 108.767 4.781
202009 4.083 109.815 4.900
202012 4.128 109.897 4.950
202103 3.533 111.754 4.166
202106 3.851 114.631 4.427
202109 4.709 115.734 5.362
202112 5.130 117.630 5.747
202203 5.728 121.301 6.223
202206 6.369 125.017 6.713
202209 7.799 125.227 8.207
202212 7.535 125.222 7.929
202303 6.194 127.348 6.409
202306 15.738 128.729 16.111
202309 12.499 129.860 12.683
202312 7.615 129.419 7.754
202403 6.352 131.776 6.352

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


The RMR Group  (FRA:26R) Cyclically Adjusted PS Ratio Explanation

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


The RMR Group Cyclically Adjusted PS Ratio Related Terms

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


The RMR Group (FRA:26R) Business Description

Industry
Traded in Other Exchanges
Address
255 Washington Street, Suite 300, Two Newton Place, Newton, MA, USA, 02458-1634
The RMR Group Inc is a holding company that conducts its business through its subsidiary, which is an alternative asset management company that invests in real estate and manages real estate-related businesses. Its business consists of providing management services to publicly owned real estate investment trusts, or REITs, and real estate-related operating companies. It also provides management services to real estate securities mutual funds and commercial real estate finance companies. The company's operating segment is RMR LLC and All Other Operations. The RMR Group derives its revenue from providing business and property management services as well as advisory and other services.

The RMR Group (FRA:26R) Headlines

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