VIQ Solutions (TSXV:VQS) Cyclically Adjusted Book per Share: C$0.57 (As of Jun. 2026)

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What is VIQ Solutions Cyclically Adjusted Book per Share?

VIQ Solutions TSXV:VQS -20.00% Cyclically Adjusted Book per Share is C$0.57 as of Jun. 2026. The stock has 6 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.

VIQ Solutions's adjusted book value per share for the three months ended in Jun. 2026 was C$-0.210. 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$0.57 for the trailing ten years ended in Jun. 2026.

During the past 12 months, VIQ Solutions's average Cyclically Adjusted Book Growth Rate was -8.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -4.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -0.30% 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 VIQ Solutions was 3.10% per year. The lowest was -4.60% per year. And the median was -0.50% per year.

As of today (2026-09-07), VIQ Solutions's current stock price is C$0.10. VIQ Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was C$0.57. VIQ Solutions's Cyclically Adjusted PB Ratio of today is 0.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of VIQ Solutions was 13.71. The lowest was 0.10. And the median was 3.43.


VIQ Solutions  (TSXV:VQS) 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.

VIQ Solutions's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.10/0.57
=0.18

* 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 VIQ Solutions was 13.71. The lowest was 0.10. And the median was 3.43.


Be Aware

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


VIQ Solutions Cyclically Adjusted Book per Share Related Terms


VIQ Solutions Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for VIQ Solutions'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.

VIQ Solutions Cyclically Adjusted Book per Share Chart

VIQ Solutions 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 0.67 0.68 0.66 0.62 0.59

VIQ Solutions 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 0.62 0.61 0.59 0.58 0.57

TSXV:VQS vs CRM, SHOP, UBER: Cyclically Adjusted Book per Share Comparison

For the Software - Application subindustry, VIQ Solutions'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.


VIQ Solutions Cyclically Adjusted PB Ratio vs Software Industry

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

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



VIQ Solutions 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, VIQ Solutions'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)
=-0.21/133.5265*133.5265
=-0.210

Current CPI (Jun. 2026) = 133.5265.

VIQ Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.269 101.765 0.353
201612 0.523 101.449 0.688
201703 0.567 102.634 0.738
201706 0.594 103.029 0.770
201709 0.688 103.345 0.889
201712 1.072 103.345 1.385
201803 1.075 105.004 1.367
201806 0.988 105.557 1.250
201809 0.902 105.636 1.140
201812 0.418 105.399 0.530
201903 0.372 106.979 0.464
201906 0.150 107.690 0.186
201909 0.437 107.611 0.542
201912 0.268 107.769 0.332
202003 0.639 107.927 0.791
202006 0.576 108.401 0.710
202009 0.549 108.164 0.678
202012 1.074 108.559 1.321
202103 1.043 110.298 1.263
202106 0.769 111.720 0.919
202109 1.080 112.905 1.277
202112 0.946 113.774 1.110
202203 0.873 117.646 0.991
202206 0.664 120.806 0.734
202209 0.691 120.648 0.765
202212 0.613 120.964 0.677
202303 0.571 122.702 0.621
202306 0.386 124.203 0.415
202309 0.286 125.230 0.305
202312 0.202 125.072 0.216
202403 0.137 126.258 0.145
202406 0.120 127.522 0.126
202409 0.100 127.285 0.105
202412 0.008 127.364 0.008
202503 -0.044 129.181 -0.045
202506 -0.056 129.892 -0.058
202509 -0.093 130.287 -0.095
202512 -0.226 130.366 -0.231
202603 -0.230 132.262 -0.232
202606 -0.210 133.527 -0.210

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 C$0.57 mean?
VIQ Solutions (TSXV:VQS) has a Cyclically Adjusted Book per Share of C$0.57 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 VIQ Solutions and its competitors.
Is VIQ Solutions' Cyclically Adjusted Book per Share too high?
VIQ Solutions' current Cyclically Adjusted Book per Share is C$0.57.
How does VIQ Solutions' Cyclically Adjusted Book per Share compare to CRM and SHOP?
VIQ Solutions' Cyclically Adjusted Book per Share of C$0.57 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted Book per Share depends on the Software 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 VIQ Solutions and its competitors. VIQ Solutions's current Cyclically Adjusted Book per Share is C$0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VIQ Solutions stock overvalued right now?
Based on GuruFocus' analysis, VIQ Solutions (TSXV:VQS) is currently considered Modestly Undervalued. The stock's GF Value™ is C$0.13, compared to a current price of C$0.10 — trading 23.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is C$0.57. 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 VIQ Solutions (TSXV:VQS), the current Cyclically Adjusted Book per Share is C$0.57 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.

VIQ Solutions Business Description

Other Exchanges VQSSF:USA
Address 35 West Pearce Street, Unit 12 & 13, Richmond Hill, ON, CAN, L4B 3A9
VIQ Solutions Inc operates as a technology and service platform provider for digital evidence capture, retrieval, and content management. The reportable segments of the company are technology and related revenue, which develop, distribute, and license computer-based digital solutions, and the technology services, which provide recording and transcription services. It derives the majority of its revenue from Australia and also has its presence in the United States, the United Kingdom, Canada, and other countries. The firm generates the majority of its revenue from providing Technology services.