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Qualstar (FRA:QST1) Cyclically Adjusted PB Ratio : (As of May. 21, 2024)


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What is Qualstar Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Qualstar Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Qualstar's Cyclically Adjusted PB 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.

Qualstar Cyclically Adjusted PB Ratio Chart

Qualstar Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.23 0.77 0.58 0.71

Qualstar Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Sep22 Sep23
Cyclically Adjusted PB 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 0.73 0.71 0.37 - 0.44

Competitive Comparison of Qualstar's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, Qualstar'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.


Qualstar's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Qualstar Cyclically Adjusted PB Ratio Calculation

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

Qualstar's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Qualstar's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=2.467/129.8595*129.8595
=2.467

Current CPI (Sep. 2023) = 129.8595.

Qualstar Quarterly Data

Book Value per Share CPI Adj_Book
201012 11.006 92.474 15.456
201103 10.195 94.283 14.042
201106 9.916 95.235 13.521
201109 10.401 95.727 14.110
201112 10.503 95.213 14.325
201203 10.268 96.783 13.777
201206 9.777 96.819 13.113
201209 8.788 97.633 11.689
201212 8.010 96.871 10.738
201303 6.876 98.209 9.092
201306 5.473 98.518 7.214
201309 4.481 98.790 5.890
201312 4.278 98.326 5.650
201403 3.466 99.695 4.515
201406 3.288 100.560 4.246
201409 3.359 100.428 4.343
201412 3.420 99.070 4.483
201503 3.685 99.621 4.804
201506 3.451 100.684 4.451
201509 2.821 100.392 3.649
201512 0.000 99.792 0.000
201603 2.477 100.470 3.202
201606 2.310 101.688 2.950
201609 2.289 101.861 2.918
201612 2.246 101.863 2.863
201703 2.242 102.862 2.830
201706 2.160 103.349 2.714
201709 2.145 104.136 2.675
201712 2.440 104.011 3.046
201803 2.582 105.290 3.185
201806 2.925 106.317 3.573
201809 3.098 106.507 3.777
201812 3.173 105.998 3.887
201903 3.206 107.251 3.882
201906 3.170 108.070 3.809
201909 3.258 108.329 3.906
201912 3.153 108.420 3.776
202003 3.097 108.902 3.693
202209 0.000 125.227 0.000
202309 2.467 129.860 2.467

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


Qualstar  (FRA:QST1) Cyclically Adjusted PB Ratio Explanation

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


Qualstar Cyclically Adjusted PB Ratio Related Terms

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Qualstar (FRA:QST1) Business Description

Traded in Other Exchanges
Address
1 Jenner, Suite 200, Irvine, CA, USA, 92618
Qualstar Corp is a U.S based provider of data storage systems marketed under the Qualstar brand and of power solutions marketed under the N2Power brand. The company's segments include Power Supplies and Data Storage. Under the Power Supplies segment, it designs, manufactures and sells open frame switching power supplies. Under the Data Storage segment, it designs, manufactures and sells automated magnetic tape libraries used to store, retrieve and manage electronic data in network computing environments. It has its geographic presence in North America, Europe.

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