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RGP (Resources Connection) Cyclically Adjusted Book per Share : $11.69 (As of Feb. 2025)


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What is Resources Connection Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Resources Connection's adjusted book value per share for the three months ended in Feb. 2025 was $8.401. 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 $11.69 for the trailing ten years ended in Feb. 2025.

During the past 12 months, Resources Connection's average Cyclically Adjusted Book Growth Rate was 1.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Resources Connection was 11.60% per year. The lowest was 1.90% per year. And the median was 5.00% per year.

As of today (2025-06-15), Resources Connection's current stock price is $5.38. Resources Connection's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2025 was $11.69. Resources Connection's Cyclically Adjusted PB Ratio of today is 0.46.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Resources Connection was 2.18. The lowest was 0.42. And the median was 1.62.


Resources Connection Cyclically Adjusted Book per Share Historical Data

The historical data trend for Resources Connection's Cyclically Adjusted Book per Share 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.

Resources Connection Cyclically Adjusted Book per Share Chart

Resources Connection Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.41 9.89 10.75 11.24 11.66

Resources Connection Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
Cyclically Adjusted Book per Share 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 11.51 11.66 11.69 11.66 11.69

Competitive Comparison of Resources Connection's Cyclically Adjusted Book per Share

For the Consulting Services subindustry, Resources Connection'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.


Resources Connection's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

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

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


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Resources Connection Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Resources Connection's adjusted Book Value per Share data for the three months ended in Feb. 2025 was:

Adj_Book= Book Value per Share /CPI of Feb. 2025 (Change)*Current CPI (Feb. 2025)
=8.401/134.6241*134.6241
=8.401

Current CPI (Feb. 2025) = 134.6241.

Resources Connection Quarterly Data

Book Value per Share CPI Adj_Book
201505 9.134 100.333 12.256
201508 9.237 100.548 12.367
201511 9.318 100.135 12.527
201602 9.337 100.040 12.565
201605 9.458 101.355 12.563
201608 9.516 101.617 12.607
201611 8.054 101.829 10.648
201702 7.876 102.779 10.316
201705 8.029 103.256 10.468
201708 8.154 103.587 10.597
201711 8.345 104.072 10.795
201802 8.540 105.052 10.944
201805 8.503 106.148 10.784
201808 8.519 106.383 10.780
201811 8.744 106.338 11.070
201902 8.848 106.649 11.169
201905 8.940 108.048 11.139
201908 9.022 108.245 11.221
201911 9.343 108.519 11.591
202002 9.420 109.139 11.620
202005 9.447 108.175 11.757
202008 9.556 109.662 11.731
202011 9.464 109.793 11.604
202102 9.378 110.968 11.377
202105 10.021 113.576 11.878
202108 10.270 115.421 11.979
202111 10.498 117.269 12.052
202202 10.785 119.703 12.129
202205 11.219 123.323 12.247
202208 11.613 124.958 12.511
202211 11.956 125.607 12.814
202302 12.099 126.928 12.833
202305 12.383 128.314 12.992
202308 12.429 129.538 12.917
202311 12.344 129.548 12.828
202402 12.271 130.930 12.617
202405 12.480 132.509 12.679
202408 12.166 132.816 12.332
202411 9.842 133.110 9.954
202502 8.401 134.624 8.401

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Resources Connection  (NAS:RGP) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Resources Connection's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.38/11.69
=0.46

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Resources Connection was 2.18. The lowest was 0.42. And the median was 1.62.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Resources Connection Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Resources Connection's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Resources Connection Business Description

Traded in Other Exchanges
Address
17101 Armstrong Avenue, Irvine, CA, USA, 92614
Resources Connection Inc provides consulting and business initiative support services predominantly through its operative subsidiary, Resources Global Professionals. It has two segments RGP ( Resources Global Professionals.) and Sitrick. The RGP segment is focused on delivering consulting services catering to its client's operational needs and change initiatives utilizing a combination of bench and on-demand, talent. The Sitrick segment provides corporate, financial, transactional, and crisis communication and management services. The company generates a majority of its revenue from the RGP segment. Geographically, it derives its key revenue from North America and the rest from Europe and the Asia Pacific region.
Executives
David P White director 17101 ARMSTRONG AVE., STE 100, IRVINE CA 92614
Kate W Duchene director, officer: President & CEO 17101 ARMSTRONG AVE, STE 100, IRVINE CA 92614
Jennifer Y Ryu officer: CFO 17101 ARMSTRONG AVE, STE 100, IRVINE CA 92614
Neil F Dimick director BUILDING 4, TRIDENT PLACE, MOSQUITO WAY, HATFIELD, HERTFORDSHIRE X0 AL10 9UL
Timothy L Brackney officer: President and COO 17101 ARMSTRONG AVE, STE 100, IRVINE CA 92614
Robert F Kistinger director 17101 ARMSTRONG AVE, STE 100, IRVINE CA 92614
Jolene Sarkis director 17101 ARMSTRONG AVE, STE 100, IRVINE CA 92614
Maltzan Marco Von director 17101 ARMSTRONG AVE, STE 100, IRVINE CA 92614
Susan Collyns director 6053 W CENTURY BLVD STE 1100, C/O CALIFORNIA PIZZA KITCHEN INC, LOS ANGLES CA 90045-6430
Donald B Murray director, officer: Chief Executive Officer 17101 ARMSTRONG AVE, STE 100, IRVINE CA 92614
Anthony Cherbak officer: Executive VP of Operations 17101 ARMSTRONG AVE, STE 100, IRVINE CA 92614
Lisa Pierozzi director 17101 ARMSTRONG AVE, STE 100, IRVINE CA 92614
Susan J Crawford director 17101 ARMSTRONG AVE, IRVINE CA 92614
John D Bower officer: Vice-President of Finance C/O RESOURCES CONNECTION, 695 TOWN CENTER DR, COSTA MESA CA 92626
Michael H Wargotz director AXCESS WORLDWIDE, 515 MADISON AVE., 15TH FLOOR, NEW YORK NY 10022