Belden (STU:QCTA) Cyclically Adjusted Book per Share: €30.53 (As of Jun. 2026)

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STU:QCTA Belden Inc STU:QCTA
70 GF Score
Price €98.00
GF Value €117.65
Valuation Modestly Undervalued
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What is Belden Cyclically Adjusted Book per Share?

Belden STU:QCTA +2.08% 70 Cyclically Adjusted Book per Share is €30.53 as of Jun. 2026. GuruFocus rates STU:QCTA with a GF Score™ of 70/100 and a GF Value™ of €117.65 (Modestly Undervalued).

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.

Belden's adjusted book value per share for the three months ended in Jun. 2026 was €31.071. 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 €30.53 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Belden's average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.20% 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 Belden was 14.90% per year. The lowest was -0.50% per year. And the median was 5.30% per year.

As of today (2026-09-17), Belden's current stock price is €98.00. Belden's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €30.53. Belden's Cyclically Adjusted PB Ratio of today is 3.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Belden was 4.54. The lowest was 1.14. And the median was 2.85.


Belden  (STU:QCTA) 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.

Belden's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=98.00/30.528
=3.21

* 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 Belden was 4.54. The lowest was 1.14. And the median was 2.85.


Be Aware

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


Belden Cyclically Adjusted Book per Share Related Terms


Belden Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Belden'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.

Belden Cyclically Adjusted Book per Share Chart

Belden 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 23.20 25.40 26.98 28.75 29.81

Belden Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 29.08 29.40 29.40 30.07 30.53

STU:QCTA vs ONDS, EXTR, DGII: Cyclically Adjusted Book per Share Comparison

For the Communication Equipment subindustry, Belden'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.


Belden Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


STU:QCTA
70GF Score
Belden Inc STU:QCTA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Belden 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, Belden's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=31.071/333.9520*333.9520
=31.071

Current CPI (Jun. 2026) = 333.9520.

Belden Quarterly Data

Book Value per Share CPI Adj_Book
201609 29.835 241.428 41.269
201612 32.846 241.432 45.433
201703 32.429 243.801 44.420
201706 30.660 244.955 41.799
201709 28.939 246.819 39.155
201712 28.438 246.524 38.523
201803 25.624 249.554 34.290
201806 28.478 251.989 37.741
201809 29.698 252.439 39.288
201812 30.811 251.233 40.956
201903 32.308 254.202 42.444
201906 32.205 256.143 41.988
201909 23.102 256.759 30.047
201912 18.928 256.974 24.598
202003 19.344 258.115 25.027
202006 16.587 257.797 21.487
202009 15.271 260.280 19.593
202012 13.860 260.474 17.770
202103 16.084 264.877 20.278
202106 16.425 271.696 20.189
202109 18.179 274.310 22.132
202112 18.693 278.802 22.391
202203 19.077 287.504 22.159
202206 22.749 296.311 25.639
202209 25.802 296.808 29.031
202212 25.024 296.797 28.157
202303 24.537 301.836 27.148
202306 25.225 305.109 27.610
202309 27.183 307.789 29.494
202312 25.672 306.746 27.949
202403 26.317 312.332 28.139
202406 27.956 314.175 29.716
202409 27.228 315.301 28.839
202412 31.095 315.605 32.903
202503 28.553 319.799 29.817
202506 26.604 322.561 27.544
202509 26.902 324.800 27.660
202512 27.643 324.054 28.487
202603 28.599 330.213 28.923
202606 31.071 333.952 31.071

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 €30.53 mean?
Belden (STU:QCTA) has a Cyclically Adjusted Book per Share of €30.53 as of Jun. 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 Belden and its competitors.
Is Belden's Cyclically Adjusted Book per Share too high?
Belden's current Cyclically Adjusted Book per Share is €30.53. Overall, Belden has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Belden's Cyclically Adjusted Book per Share compare to ONDS and EXTR?
Belden's Cyclically Adjusted Book per Share of €30.53 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 Belden and its competitors. Belden's current Cyclically Adjusted Book per Share is €30.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Belden stock overvalued right now?
Based on GuruFocus' analysis, Belden (STU:QCTA) is currently considered Modestly Undervalued. The stock's GF Value™ is €117.65, compared to a current price of €98.00 — trading 16.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is €30.53. Belden's overall GF Score™ is 70/100. 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 Belden (STU:QCTA), the current Cyclically Adjusted Book per Share is €30.53 as of Jun. 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 Belden (STU:QCTA) Overvalued in 2026?

Based on GuruFocus' analysis, Belden stock appears to be undervalued. The current stock price of €98.00 is trading 16.7% below its estimated GF Value™ of €117.65. GuruFocus considers Belden to be Modestly Undervalued.

Key valuation signals for STU:QCTA:

  • Cyclically Adjusted Book per Share: €30.53
  • GF Value™: €117.65 vs. price of €98.00 (16.7% below fair value)
  • GF Score™: 70/100

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


Belden Business Description

Other Exchanges BDC:USA
Address 1 North Brentwood Boulevard, 15th Floor, St. Louis, MO, USA, 63105
Belden Inc is a supplier of complete connection solutions. It has two segments, Smart Infrastructure Solutions and Automation Solutions. Smart Infrastructure Solutions provides network infrastructure and broadband solutions, serving markets such as data centers, government, healthcare, and broadband and wireless service providers, with products including copper and fiber cable and connectivity solutions. Automation Solutions provides digitization and automation solutions that enable IT OT convergence and support acquisition, transmission, orchestration, and management, serving markets including Warehousing and Logistics, Energy, Transportation, and Discrete Manufacturing. The company operates in the Americas, EMEA, and APAC, with maximum revenue coming from the Americas.
70GF Score

Get the complete analysis for STU:QCTA

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

€98.00
Price
€117.65
GF Value