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RE/MAX Holdings (FRA:2RM) Cyclically Adjusted PS Ratio : 0.76 (As of Dec. 14, 2024)


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What is RE/MAX Holdings Cyclically Adjusted PS Ratio?

As of today (2024-12-14), RE/MAX Holdings's current share price is €11.70. RE/MAX Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was €15.47. RE/MAX Holdings's Cyclically Adjusted PS Ratio for today is 0.76.

The historical rank and industry rank for RE/MAX Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:2RM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.41   Med: 1.11   Max: 2.11
Current: 0.71

During the past years, RE/MAX Holdings's highest Cyclically Adjusted PS Ratio was 2.11. The lowest was 0.41. And the median was 1.11.

FRA:2RM's Cyclically Adjusted PS Ratio is ranked better than
74.09% of 1293 companies
in the Real Estate industry
Industry Median: 1.92 vs FRA:2RM: 0.71

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.

RE/MAX Holdings's adjusted revenue per share data for the three months ended in Sep. 2024 was €3.629. 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 €15.47 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


RE/MAX Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for RE/MAX Holdings'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.

RE/MAX Holdings Cyclically Adjusted PS Ratio Chart

RE/MAX Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.96 1.12 0.78

RE/MAX Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.76 0.78 0.51 0.47 0.72

Competitive Comparison of RE/MAX Holdings's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, RE/MAX Holdings'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.


RE/MAX Holdings's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, RE/MAX Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where RE/MAX Holdings's Cyclically Adjusted PS Ratio falls into.



RE/MAX Holdings 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.

RE/MAX Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.70/15.47
=0.76

* 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.

RE/MAX Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, RE/MAX Holdings's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=3.629/133.0289*133.0289
=3.629

Current CPI (Sep. 2024) = 133.0289.

RE/MAX Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 2.815 99.070 3.780
201503 3.323 99.621 4.437
201506 3.182 100.684 4.204
201509 3.236 100.392 4.288
201512 2.765 99.792 3.686
201603 2.185 100.470 2.893
201606 2.186 101.688 2.860
201609 2.294 101.861 2.996
201612 2.342 101.863 3.059
201703 2.502 102.862 3.236
201706 2.447 103.349 3.150
201709 2.321 104.136 2.965
201712 2.310 104.011 2.954
201803 2.404 105.290 3.037
201806 2.615 106.317 3.272
201809 2.646 106.507 3.305
201812 2.515 105.998 3.156
201903 3.535 107.251 4.385
201906 3.542 108.070 4.360
201909 3.641 108.329 4.471
201912 3.414 108.420 4.189
202003 3.526 108.902 4.307
202006 2.555 108.767 3.125
202009 3.285 109.815 3.979
202012 3.176 109.897 3.845
202103 3.219 111.754 3.832
202106 3.385 114.631 3.928
202109 4.127 115.734 4.744
202112 4.196 117.630 4.745
202203 4.301 121.301 4.717
202206 4.553 125.017 4.845
202209 4.759 125.227 5.056
202212 4.230 125.222 4.494
202303 4.452 127.348 4.651
202306 4.139 128.729 4.277
202309 4.193 129.860 4.295
202312 3.848 129.419 3.955
202403 3.897 131.776 3.934
202406 3.835 132.554 3.849
202409 3.629 133.029 3.629

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.


RE/MAX Holdings  (FRA:2RM) 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.


RE/MAX Holdings Cyclically Adjusted PS Ratio Related Terms

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


RE/MAX Holdings Business Description

Traded in Other Exchanges
Address
5075 South Syracuse Street, Denver, CO, USA, 80237
RE/MAX Holdings Inc operates as a franchisor of real estate brokerage services. It recruits and retains agents and sells franchises. The company's operating segments include Real Estate, Mortgage, Marketing Funds, and Others. It generates maximum revenue from the Real Estate segment.

RE/MAX Holdings Headlines

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