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Quipt Home Medical (TSX:QIPT) Cyclically Adjusted Book per Share : C$4.34 (As of Mar. 2025)


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What is Quipt Home Medical Cyclically Adjusted Book per Share?

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.

Quipt Home Medical's adjusted book value per share for the three months ended in Mar. 2025 was C$3.417. 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 C$4.34 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Quipt Home Medical's average Cyclically Adjusted Book Growth Rate was 3.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.30% 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 Quipt Home Medical was 48.50% per year. The lowest was -40.70% per year. And the median was 11.80% per year.

As of today (2025-05-29), Quipt Home Medical's current stock price is C$2.42. Quipt Home Medical's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was C$4.34. Quipt Home Medical's Cyclically Adjusted PB Ratio of today is 0.56.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Quipt Home Medical was 3.38. The lowest was 0.45. And the median was 1.64.


Quipt Home Medical Cyclically Adjusted Book per Share Historical Data

The historical data trend for Quipt Home Medical'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.

* Premium members only.

Quipt Home Medical Cyclically Adjusted Book per Share Chart

Quipt Home Medical Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.89 3.16 3.63 4.04 4.27

Quipt Home Medical Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 4.19 4.23 4.27 4.27 4.34

Competitive Comparison of Quipt Home Medical's Cyclically Adjusted Book per Share

For the Medical Distribution subindustry, Quipt Home Medical'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.


Quipt Home Medical's Cyclically Adjusted PB Ratio Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Quipt Home Medical's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Quipt Home Medical 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, Quipt Home Medical's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=3.417/134.9266*134.9266
=3.417

Current CPI (Mar. 2025) = 134.9266.

Quipt Home Medical Quarterly Data

Book Value per Share CPI Adj_Book
201506 7.986 100.684 10.702
201509 10.367 100.392 13.933
201512 10.794 99.792 14.594
201603 9.980 100.470 13.403
201606 8.998 101.688 11.939
201609 6.370 101.861 8.438
201612 6.292 101.863 8.334
201703 6.123 102.862 8.032
201706 5.953 103.349 7.772
201709 4.666 104.136 6.046
201712 1.107 104.011 1.436
201803 0.993 105.290 1.273
201806 0.960 106.317 1.218
201809 1.026 106.507 1.300
201812 1.213 105.998 1.544
201903 1.175 107.251 1.478
201906 0.758 108.070 0.946
201909 0.825 108.329 1.028
201912 0.815 108.420 1.014
202003 0.999 108.902 1.238
202006 1.625 108.767 2.016
202009 1.331 109.815 1.635
202012 1.315 109.897 1.615
202103 1.320 111.754 1.594
202106 2.065 114.631 2.431
202109 2.227 115.734 2.596
202112 2.249 117.630 2.580
202203 2.481 121.301 2.760
202206 2.577 125.017 2.781
202209 2.980 125.227 3.211
202212 3.069 125.222 3.307
202303 2.729 127.348 2.891
202306 3.504 128.729 3.673
202309 3.571 129.860 3.710
202312 3.524 129.419 3.674
202403 3.509 131.776 3.593
202406 3.492 132.554 3.555
202409 3.370 133.029 3.418
202412 3.515 133.157 3.562
202503 3.417 134.927 3.417

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


Quipt Home Medical  (TSX:QIPT) 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.

Quipt Home Medical's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.42/4.34
=0.56

* 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 Quipt Home Medical was 3.38. The lowest was 0.45. And the median was 1.64.


Be Aware

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


Quipt Home Medical Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Quipt Home Medical's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Quipt Home Medical Business Description

Traded in Other Exchanges
Address
1019 Town Drive, Wilder, KY, USA, 41076
Quipt Home Medical Corp provides in-home monitoring equipment, supplies, and services to patients. The Company operates in one business segment, which is the sale and rental of medical equipment and related devices. The company's services consist of Daily and Ambulatory Aides, Power Mobility, INR Self-Testing, Respiratory Equipment Rental, Home ventilation, Oxygen Therapy, and Sleep Apnea and PAP Treatment.
Executives
Patrick Dennis Gamble Senior Officer
Gregory J. Crawford Director, Senior Officer
Mark Alan Greenberg Director