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QS Energy (QS Energy) Cyclically Adjusted PB Ratio : (As of May. 30, 2024)


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What is QS Energy Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


QS Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for QS Energy'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.

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QS Energy Cyclically Adjusted PB Ratio Chart

QS Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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QS Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of QS Energy's Cyclically Adjusted PB Ratio

For the Oil & Gas Equipment & Services subindustry, QS Energy'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.


QS Energy's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, QS Energy's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



QS Energy 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.

QS Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, QS Energy's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.014/131.7762*131.7762
=-0.014

Current CPI (Mar. 2024) = 131.7762.

QS Energy Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.013 100.560 0.017
201409 0.011 100.428 0.014
201412 0.008 99.070 0.011
201503 0.003 99.621 0.004
201506 0.001 100.684 0.001
201509 -0.002 100.392 -0.003
201512 -0.004 99.792 -0.005
201603 -0.003 100.470 -0.004
201606 -0.005 101.688 -0.006
201609 -0.005 101.861 -0.006
201612 -0.007 101.863 -0.009
201703 -0.011 102.862 -0.014
201706 -0.006 103.349 -0.008
201709 -0.006 104.136 -0.008
201712 -0.008 104.011 -0.010
201803 -0.008 105.290 -0.010
201806 -0.007 106.317 -0.009
201809 -0.008 106.507 -0.010
201812 -0.006 105.998 -0.007
201903 -0.003 107.251 -0.004
201906 -0.005 108.070 -0.006
201909 -0.006 108.329 -0.007
201912 -0.007 108.420 -0.009
202003 -0.008 108.902 -0.010
202006 -0.009 108.767 -0.011
202009 -0.010 109.815 -0.012
202012 -0.011 109.897 -0.013
202103 -0.012 111.754 -0.014
202106 -0.011 114.631 -0.013
202109 -0.012 115.734 -0.014
202112 -0.012 117.630 -0.013
202203 -0.012 121.301 -0.013
202206 -0.013 125.017 -0.014
202209 -0.012 125.227 -0.013
202212 -0.012 125.222 -0.013
202303 -0.012 127.348 -0.012
202306 -0.013 128.729 -0.013
202309 -0.013 129.860 -0.013
202312 -0.013 129.419 -0.013
202403 -0.014 131.776 -0.014

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.


QS Energy  (OTCPK:QSEP) 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.


QS Energy Cyclically Adjusted PB Ratio Related Terms

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


QS Energy (QS Energy) Business Description

Industry
Traded in Other Exchanges
N/A
Address
23902 FM 2978, Unit No. 1, Tomball, TX, USA, 77375
QS Energy Inc develops and commercializes energy efficiency technologies that assist in increased global energy demands, improvement in the economics of oil extraction and transport, and reduction of greenhouse gas emissions. Its primary technology is Applied Oil Technology (AOT), which is a commercial-grade crude oil pipeline transportation flow assurance product. The company's oil and gas market is segmented into three primary categories namely Upstream Producers, Midstream Transporters, and Downstream Refiners. The Upstream segment is involved in the exploration and production of oil and gas. Midstream companies transport oil and gas to markets via pipelines, rail, and shipping and provide storage in the field and the Downstream sector refines oil and gas into finished products.
Executives
Eric Bunting director 10701 FORESTGATE, WICHITA KS 67206
Gary M Buchler director 2544 RAMROCK DR., PORTER TX 77365
William Howard Green director 3721 REDMONT TERRACE, EDMOND OK 73034
Richard William Munn director 15 CAMELOT OAKS CT., THE WOODLANDS TX 77382
Michael Scott Mcmullen officer: Chief Financial Officer PO BOX 1045, TIBURON CA 94920
Jason B Lane director, officer: Chief Executive Officer 23902 RM 2978, TUMBALL TX 77375
Thomas A. Bundros director 735 STATE STREET, #500, SANTA BARBARA CA 93101
Don Dickson director 5266 HOLLISTER AVENUE, SANTA BARBARA CA 93111
Mark Stubbs director 136 W. CANON PERDIDO STREET, STE. A, SANTA BARBARA CA 93427
Ryan K Zinke director 409 W 2ND STREET, WHITEFISH MT 59932
Greggory M Bigger officer: CFO 5266 HOLLISTER AVENUE, SUITE 219, SANTA BARBARA CA 93111
Eugene E Eichler officer: Interim CFO 735 STATE ST. #500, SANTA BARBARA CA 93101
Charles Blum director, officer: Chief Executive Officer 1505 UPLAND HILLS DRIVE NORTH, UPLAND CA 91784
Cecil Bond Kyte director 5125 LANKERSHIM BOULEVARD, NORTH HOLLYWOOD CA 91601
John F Price director 5125 LANKERSHIM BOULEVARD, NORTH HOLLYWOOD CA 91601