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Q.E.P. Co (Q.E.P. Co) Cyclically Adjusted PB Ratio : 1.02 (As of Apr. 27, 2024)


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What is Q.E.P. Co Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Q.E.P. Co's current share price is $26.85. Q.E.P. Co's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 was $26.24. Q.E.P. Co's Cyclically Adjusted PB Ratio for today is 1.02.

The historical rank and industry rank for Q.E.P. Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

QEPC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 1.32   Max: 2.2
Current: 1

During the past years, Q.E.P. Co's highest Cyclically Adjusted PB Ratio was 2.20. The lowest was 0.43. And the median was 1.32.

QEPC's Cyclically Adjusted PB Ratio is ranked better than
71.84% of 1996 companies
in the Industrial Products industry
Industry Median: 1.72 vs QEPC: 1.00

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 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.

Q.E.P. Co's adjusted book value per share data for the three months ended in Nov. 2023 was $22.990. 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 $26.24 for the trailing ten years ended in Nov. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Q.E.P. Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Q.E.P. Co'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.

Q.E.P. Co Cyclically Adjusted PB Ratio Chart

Q.E.P. Co Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.35 0.81 1.20 0.83 0.53

Q.E.P. Co Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 - 0.53 0.48 0.44 0.71

Competitive Comparison of Q.E.P. Co's Cyclically Adjusted PB Ratio

For the Tools & Accessories subindustry, Q.E.P. Co'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.


Q.E.P. Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Q.E.P. Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Q.E.P. Co's Cyclically Adjusted PB Ratio falls into.



Q.E.P. Co 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.

Q.E.P. Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=26.85/26.24
=1.02

* 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.

Q.E.P. Co's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 is calculated as:

For example, Q.E.P. Co's adjusted Book Value per Share data for the three months ended in Nov. 2023 was:

Adj_Book=Book Value per Share/CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=22.99/129.5481*129.5481
=22.990

Current CPI (Nov. 2023) = 129.5481.

Q.E.P. Co Quarterly Data

Book Value per Share CPI Adj_Book
201402 19.417 99.057 25.394
201405 19.831 100.373 25.595
201408 19.872 100.352 25.653
201411 19.796 99.635 25.739
201502 19.398 99.032 25.375
201505 19.753 100.333 25.505
201508 20.302 100.548 26.157
201511 20.418 100.135 26.416
201602 20.227 100.040 26.193
201605 21.044 101.355 26.898
201608 21.519 101.617 27.434
201611 21.982 101.829 27.966
201702 22.325 102.779 28.140
201705 23.017 103.256 28.878
201708 23.986 103.587 29.997
201711 24.046 104.072 29.932
201802 24.107 105.052 29.728
201805 24.363 106.148 29.734
201808 24.405 106.383 29.719
201811 23.803 106.338 28.999
201902 22.892 106.649 27.807
201905 22.325 108.048 26.767
201908 21.650 108.245 25.911
201911 21.663 108.519 25.861
202002 19.036 109.139 22.596
202005 19.202 108.175 22.996
202008 20.282 109.662 23.960
202011 20.968 109.793 24.741
202102 21.435 110.968 25.024
202105 22.194 113.576 25.315
202108 22.700 115.421 25.478
202111 23.337 117.269 25.781
202202 24.010 119.703 25.985
202205 24.053 123.323 25.267
202208 23.553 124.958 24.418
202211 0.000 125.607 0.000
202302 23.638 126.928 24.126
202305 23.988 128.314 24.219
202308 24.586 129.538 24.588
202311 22.990 129.548 22.990

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.


Q.E.P. Co  (OTCPK:QEPC) 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.


Q.E.P. Co Cyclically Adjusted PB Ratio Related Terms

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


Q.E.P. Co (Q.E.P. Co) Business Description

Traded in Other Exchanges
N/A
Address
1001 Broken Sound Parkway North West, Suite A, Boca Raton, FL, USA, 33487
Q.E.P. Co Inc is a provider of flooring and industrial solutions. The company is a manufacturer, marketer, and distributor of hardwood and laminate flooring, flooring installation tools, adhesives and flooring related products targeted for the professional installer as well as the do-it-yourselfer. It also provides industrial tools to the industrial trades under brand names including QEP, ROBERTS, Capitol, Harris Wood, Fausfloor, Vitrex, Homelux, TileRite, PRCI, Nupla, HISCO, Plasplugs, Ludell, Porta-Nails, Tomecanic, Benetiere, and Elastiment. The company sells its products to home improvement retail centers, specialty distribution outlets, municipalities and industrial solution providers in an approx 50 states and throughout the world.
Executives
Lawrence P Levine officer: SVP and General Counsel 1001 BROKEN SOUND PARKWAY NW, SUITE A, BOCA RATON FL 33487
Robert G Walters director 1001 BROKEN SOUND PARKWAY NW SUITE A, BOCA RATON FL 33487
Kenneth Weiss officer: SVP Commercial Sales 1001 BROKEN SOUND PARKWAY NW SUITE A, BOCA RATON FL 33487
David L Kreilein director 2930 INDUSTRIEAL ST, WISCONSIN RAPIDS WI 54495-8020
Muir Robert W Jr director
Laura M Holm director C/O Q.E.P. CO., INC., 1001 BROKEN SOUND PARKWAY, NW, SUITE A, BOCA RATON FL 33487
James Brower officer: Chief Operating Officer C/O Q.E.P. CO., INC., 1001 BROKEN SOUND PARKWAY, NW, SUITE A, BOCA RATON FL 33487
Jamie Clingan officer: Vice President Marketing C/O Q.E.P. CO., INC., 1001 BROKEN SOUND PARKWAY, NW, SUITE A, BOCA RATON FL 33487
Bruce Maclaren officer: Chief Executive Officer Europe C/O Q.E.P. CO., INC., 1001 BROKEN SOUND PARKWAY, NW, SUITE A, BOCA RATON FL 33487
S Scott Fitzpatrick officer: Chief Accounting Officer C/O Q.E.P. CO., INC., 1001 BROKEN SOUND PARKWAY, NW, SUITE A, BOCA RATON FL 33487
Stuart F Fleischer officer: Chief Financial Officer
Randall Paulfus officer: Interim CFO C/O PC UNIVERSE, INC., 504 NW 77TH STREET, BOCA RATON FL 33487
Richard A Brooke officer: Senior Vice President C/O Q.E.P. CO., INC., 1001 BROKEN SOUND PARKWAY, BOCA RATON FL 33487
Eric Demaree officer: EVP, Sales C/O Q.E.P. CO., INC., 1081 HOLLAND DRIVE, BOCA RATON FL 33487
Susan J Gould 10 percent owner

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