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RBC Bearings (FRA:B1X) Cyclically Adjusted PS Ratio : 7.66 (As of May. 15, 2024)


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What is RBC Bearings Cyclically Adjusted PS Ratio?

As of today (2024-05-15), RBC Bearings's current share price is €246.00. RBC Bearings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €32.12. RBC Bearings's Cyclically Adjusted PS Ratio for today is 7.66.

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

FRA:B1X' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.48   Med: 6.04   Max: 9
Current: 7.63

During the past years, RBC Bearings's highest Cyclically Adjusted PS Ratio was 9.00. The lowest was 2.48. And the median was 6.04.

FRA:B1X's Cyclically Adjusted PS Ratio is ranked worse than
93.24% of 2190 companies
in the Industrial Products industry
Industry Median: 1.44 vs FRA:B1X: 7.63

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.

RBC Bearings's adjusted revenue per share data for the three months ended in Dec. 2023 was €11.740. 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 €32.12 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


RBC Bearings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for RBC Bearings'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.

RBC Bearings Cyclically Adjusted PS Ratio Chart

RBC Bearings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.70 4.68 7.77 6.74 7.05

RBC Bearings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.61 7.05 6.37 6.66 7.97

Competitive Comparison of RBC Bearings's Cyclically Adjusted PS Ratio

For the Tools & Accessories subindustry, RBC Bearings'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.


RBC Bearings's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, RBC Bearings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



RBC Bearings 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.

RBC Bearings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=246.00/32.12
=7.66

* 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.

RBC Bearings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, RBC Bearings's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=11.74/129.4194*129.4194
=11.740

Current CPI (Dec. 2023) = 129.4194.

RBC Bearings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.520 99.695 4.570
201406 3.559 100.560 4.580
201409 3.729 100.428 4.805
201412 3.689 99.070 4.819
201503 4.472 99.621 5.810
201506 5.387 100.684 6.924
201509 5.639 100.392 7.269
201512 5.636 99.792 7.309
201603 6.198 100.470 7.984
201606 5.823 101.688 7.411
201609 5.784 101.861 7.349
201612 5.838 101.863 7.417
201703 6.246 102.862 7.859
201706 6.030 103.349 7.551
201709 5.671 104.136 7.048
201712 5.768 104.011 7.177
201803 5.957 105.290 7.322
201806 6.138 106.317 7.472
201809 5.995 106.507 7.285
201812 6.077 105.998 7.420
201903 6.504 107.251 7.848
201906 6.518 108.070 7.806
201909 6.632 108.329 7.923
201912 6.378 108.420 7.613
202003 6.620 108.902 7.867
202006 5.573 108.767 6.631
202009 4.978 109.815 5.867
202012 4.784 109.897 5.634
202103 5.252 111.754 6.082
202106 5.106 114.631 5.765
202109 5.363 115.734 5.997
202112 8.255 117.630 9.082
202203 11.247 121.301 12.000
202206 11.573 125.017 11.981
202209 12.817 125.227 13.246
202212 11.398 125.222 11.780
202303 12.646 127.348 12.852
202306 12.272 128.729 12.338
202309 12.399 129.860 12.357
202312 11.740 129.419 11.740

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.


RBC Bearings  (FRA:B1X) 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.


RBC Bearings Cyclically Adjusted PS Ratio Related Terms

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


RBC Bearings (FRA:B1X) Business Description

Traded in Other Exchanges
Address
102 Willenbrock Road, One Tribology Center, Oxford, CT, USA, 06478
RBC Bearings Inc is a manufacturer and marketer of precision bearings and products used in aircraft and mechanical systems. The offering includes plain bearings, roller bearings, ball bearings, and engineered products. The products reduce wear in moving parts, facilitate proper power transmission, reduce damage and energy loss, and control pressure and flow. The primary customers for RBC Bearings are industrial markets and aerospace markets such as construction and mining, oil and natural resource extraction, heavy truck, marine, rail and train, packaging, commercial, private and military aircraft engines, and guided weaponry. The end market is the United States of America.

RBC Bearings (FRA:B1X) Headlines

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