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Rightmove (LSE:RMV) Cyclically Adjusted PS Ratio : 16.06 (As of May. 16, 2024)


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What is Rightmove Cyclically Adjusted PS Ratio?

As of today (2024-05-16), Rightmove's current share price is £5.462. Rightmove's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was £0.34. Rightmove's Cyclically Adjusted PS Ratio for today is 16.06.

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

LSE:RMV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 14.96   Med: 31.69   Max: 50.55
Current: 16

During the past 13 years, Rightmove's highest Cyclically Adjusted PS Ratio was 50.55. The lowest was 14.96. And the median was 31.69.

LSE:RMV's Cyclically Adjusted PS Ratio is ranked worse than
96.66% of 299 companies
in the Interactive Media industry
Industry Median: 1.57 vs LSE:RMV: 16.00

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.

Rightmove's adjusted revenue per share data of for the fiscal year that ended in Dec23 was £0.447. 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 £0.34 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rightmove Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Rightmove'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.

Rightmove Cyclically Adjusted PS Ratio Chart

Rightmove 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 31.65 30.04 31.57 17.03 17.02

Rightmove Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 31.57 - 17.03 - 17.02

Competitive Comparison of Rightmove's Cyclically Adjusted PS Ratio

For the Internet Content & Information subindustry, Rightmove'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.


Rightmove's Cyclically Adjusted PS Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Rightmove's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Rightmove 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.

Rightmove's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.462/0.34
=16.06

* 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.

Rightmove's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Rightmove's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.447/130.0000*130.0000
=0.447

Current CPI (Dec23) = 130.0000.

Rightmove Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.168 99.900 0.219
201512 0.198 100.400 0.256
201612 0.232 102.200 0.295
201712 0.262 105.000 0.324
201812 0.295 107.100 0.358
201912 0.326 108.500 0.391
202012 0.235 109.400 0.279
202112 0.354 114.700 0.401
202212 0.397 125.300 0.412
202312 0.447 130.000 0.447

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.


Rightmove  (LSE:RMV) 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.


Rightmove Cyclically Adjusted PS Ratio Related Terms

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


Rightmove (LSE:RMV) Business Description

Traded in Other Exchanges
Address
Caldecotte Lake Drive, 2 Caldecotte Lake Business Park, Caldecotte, Milton Keynes, GBR, MK7 8LE
Rightmove PLC provides online property search platforms. The company's customers include agents, buyers, renters, and new home developers. Rightmove provides users with tools such as the house price index, which tracks house prices and analyzes price trends in the U.K. house market, and a mortgage calculator, which estimates mortgages and monthly repayments. The company's segments include agencies, new homes, and others. Its agency segment provides resale and lettings property advertising services. The new homes segment provides property advertising services to new home developers. Its other segment includes overseas, commercial property, and nonproperty advertising services. The company generates maximum revenue from the agency segment.

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