Quest Holdings (ATH:QUEST) Cyclically Adjusted Book per Share: €2.22 (As of Mar. 2026)


ATH:QUEST Quest Holdings SA ATH:QUEST
99 GF Score
Price €7.24
GF Value €7.46
Valuation Fairly Valued
! 2 Warning Signs
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What is Quest Holdings Cyclically Adjusted Book per Share?

Quest Holdings ATH:QUEST +1.26% 99 Cyclically Adjusted Book per Share is €2.22 as of Mar. 2026. GuruFocus rates ATH:QUEST with a GF Score™ of 99/100 and a GF Value™ of €7.46 (Fairly Valued). The stock has 2 warning signs investors should review.

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.

Quest Holdings's adjusted book value per share for the three months ended in Mar. 2026 was €3.377. 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 €2.22 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Quest Holdings's average Cyclically Adjusted Book Growth Rate was 9.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.30% 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 Quest Holdings was 8.40% per year. The lowest was -3.20% per year. And the median was 5.75% per year.

As of today (2026-07-04), Quest Holdings's current stock price is €7.24. Quest Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €2.22. Quest Holdings's Cyclically Adjusted PB Ratio of today is 3.26.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Quest Holdings was 4.29. The lowest was 0.55. And the median was 2.79.


Quest Holdings  (ATH:QUEST) 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.

Quest Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.24/2.22
=3.26

* 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 Quest Holdings was 4.29. The lowest was 0.55. And the median was 2.79.


Be Aware

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


Quest Holdings Cyclically Adjusted Book per Share Related Terms


Quest Holdings Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Quest Holdings'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.

Quest Holdings Cyclically Adjusted Book per Share Chart

Quest Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.53 1.69 1.81 1.95 2.14

Quest Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.00 2.05 2.10 2.14 2.22

ATH:QUEST vs SNX, ARW, AVT: Cyclically Adjusted Book per Share Comparison

For the Electronics & Computer Distribution subindustry, Quest Holdings'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.


Quest Holdings Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Quest Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ATH:QUEST
99GF Score
Quest Holdings SA ATH:QUEST
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Quest Holdings 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, Quest Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=3.377/124.8200*124.8200
=3.377

Current CPI (Mar. 2026) = 124.8200.

Quest Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.485 100.121 1.851
201609 1.517 99.878 1.896
201612 1.448 100.110 1.805
201703 1.472 100.770 1.823
201706 1.492 101.138 1.841
201709 1.241 100.882 1.535
201712 1.205 100.762 1.493
201803 1.205 100.534 1.496
201806 1.238 102.121 1.513
201809 1.275 101.982 1.561
201812 1.300 101.330 1.601
201903 1.342 101.482 1.651
201906 1.397 101.837 1.712
201909 1.447 101.906 1.772
201912 1.322 102.120 1.616
202003 1.364 101.479 1.678
202006 1.427 100.239 1.777
202009 1.335 99.886 1.668
202012 1.358 99.751 1.699
202103 1.416 99.817 1.771
202106 1.437 101.270 1.771
202109 2.261 102.095 2.764
202112 2.416 104.853 2.876
202203 2.511 108.651 2.885
202206 2.039 113.517 2.242
202209 2.146 114.371 2.342
202212 2.233 112.428 2.479
202303 2.325 113.620 2.554
202306 2.232 115.515 2.412
202309 2.332 116.234 2.504
202312 2.458 116.364 2.637
202403 2.536 117.285 2.699
202406 2.395 118.129 2.531
202409 2.512 119.650 2.621
202412 3.212 119.360 3.359
202503 3.296 120.133 3.425
202506 3.016 121.399 3.101
202509 3.139 121.950 3.213
202512 3.281 122.450 3.345
202603 3.377 124.820 3.377

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

What does a Cyclically Adjusted Book per Share of €2.22 mean?
Quest Holdings (ATH:QUEST) has a Cyclically Adjusted Book per Share of €2.22 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Quest Holdings and its competitors.
Is Quest Holdings' Cyclically Adjusted Book per Share too high?
Quest Holdings' current Cyclically Adjusted Book per Share is €2.22. Overall, Quest Holdings has a GF Score™ of 99/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Quest Holdings' Cyclically Adjusted Book per Share compare to SNX and ARW?
Quest Holdings' Cyclically Adjusted Book per Share of €2.22 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Quest Holdings and its competitors. Quest Holdings's current Cyclically Adjusted Book per Share is €2.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quest Holdings stock overvalued right now?
Based on GuruFocus' analysis, Quest Holdings (ATH:QUEST) is currently considered Fairly Valued. The stock's GF Value™ is €7.46, compared to a current price of €7.24 — trading 2.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is €2.22. Quest Holdings' overall GF Score™ is 99/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Quest Holdings (ATH:QUEST), the current Cyclically Adjusted Book per Share is €2.22 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Quest Holdings (ATH:QUEST) Overvalued in 2026?

Based on GuruFocus' analysis, Quest Holdings stock appears to be undervalued. The current stock price of €7.24 is trading 2.9% below its estimated GF Value™ of €7.46. GuruFocus considers Quest Holdings to be Fairly Valued.

Key valuation signals for ATH:QUEST:

  • Cyclically Adjusted Book per Share: €2.22
  • GF Value™: €7.46 vs. price of €7.24 (2.9% below fair value)
  • GF Score™: 99/100 with 2 warning signs

No single metric tells the full story. See the ATH:QUEST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Quest Holdings Business Description

Other Exchanges 0QIK:UK9IVA:Germany
Address 2A, Argyroupoleos Street, Kallithea, Athens, GRC, 176 76
Quest Holdings SA, together with its subsidiaries, engages in a diversified business. It operates through four business segments: Commercial activities, Information technology services, Postal services, and Production of electric power from renewable energy sources. The vast majority of its revenue comes from the Commercial activities segment, which includes sales of products, mostly IT-related, such as IT equipment, Apple and Xiaomi mobile phone devices, air conditioning devices, and other home appliances. The company's geographical segments are Greece, the Eurozone, European countries out of the Eurozone, and other countries. Maximum revenue is generated from its business in Greece.
99GF Score

Get the complete analysis for ATH:QUEST

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€7.24
Price
€7.46
GF Value