QuidelOrtho (LTS:0A55) Cyclically Adjusted PB Ratio: 0.46 (As of Aug. 16, 2026) — 92% Below Median

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LTS:0A55 QuidelOrtho Corp LTS:0A55
45 GF Score
Price $13.56
GF Value $32.28
Valuation Possible Value Trap
! 8 Warning Signs
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What is QuidelOrtho Cyclically Adjusted PB Ratio?

QuidelOrtho LTS:0A55 45 Cyclically Adjusted PB Ratio is 0.46 as of Aug. 16, 2026, which is 92% below its 10-year median of 5.74. GuruFocus rates LTS:0A55 with a GF Score™ of 45/100 and a GF Value™ of $32.28 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 521 Medical Devices & Instruments companies, QuidelOrtho ranks better than 85.8% on this metric.

As of today (2026-08-16), QuidelOrtho's current share price is $13.56. QuidelOrtho's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $29.18. QuidelOrtho's Cyclically Adjusted PB Ratio for today is 0.46.

The historical rank and industry rank for QuidelOrtho's Cyclically Adjusted PB Ratio or its related term are showing as below:

LTS:0A55' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 5.74   Max: 35.35
Current: 0.38

During the past years, QuidelOrtho's highest Cyclically Adjusted PB Ratio was 35.35. The lowest was 0.28. And the median was 5.74.

LTS:0A55's Cyclically Adjusted PB Ratio is ranked better than
85.8% of 521 companies
in the Medical Devices & Instruments industry
Industry Median: 1.86 vs LTS:0A55: 0.38

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.

QuidelOrtho's adjusted book value per share data for the three months ended in Jun. 2026 was $25.987. 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 $29.18 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


QuidelOrtho  (LTS:0A55) 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.


QuidelOrtho Cyclically Adjusted PB Ratio Related Terms


QuidelOrtho Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for QuidelOrtho'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.

QuidelOrtho Cyclically Adjusted PB Ratio Chart

QuidelOrtho Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.35 4.25 2.68 1.39 0.80

QuidelOrtho Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.83 0.83 0.80 0.45 0.46

LTS:0A55 vs LMRI, AVNS, TNDM: Cyclically Adjusted PB Ratio Comparison

For the Medical Devices subindustry, QuidelOrtho'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.


QuidelOrtho Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, QuidelOrtho's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LTS:0A55
45GF Score
QuidelOrtho Corp LTS:0A55
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

QuidelOrtho 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.

QuidelOrtho's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.56/29.18
=0.46

* 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.

QuidelOrtho's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, QuidelOrtho'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)
=25.987/333.9520*333.9520
=25.987

Current CPI (Jun. 2026) = 333.9520.

QuidelOrtho Quarterly Data

Book Value per Share CPI Adj_Book
201609 6.027 241.428 8.337
201612 6.099 241.432 8.436
201703 6.632 243.801 9.084
201706 6.362 244.955 8.673
201709 6.441 246.819 8.715
201712 6.575 246.524 8.907
201803 8.838 249.554 11.827
201806 9.459 251.989 12.536
201809 9.878 252.439 13.068
201812 10.805 251.233 14.363
201903 11.574 254.202 15.205
201906 12.313 256.143 16.053
201909 12.828 256.759 16.685
201912 13.371 256.974 17.376
202003 14.411 258.115 18.645
202006 14.582 257.797 18.890
202009 20.202 260.280 25.920
202012 31.513 260.474 40.403
202103 35.017 264.877 44.149
202106 33.893 271.696 41.659
202109 39.213 274.310 47.739
202112 46.284 278.802 55.439
202203 57.710 287.504 67.033
202206 73.427 296.311 82.755
202209 72.656 296.808 81.749
202212 74.316 296.797 83.619
202303 75.023 301.836 83.006
202306 74.888 305.109 81.967
202309 74.352 307.789 80.672
202312 75.051 306.746 81.707
202403 49.458 312.332 52.882
202406 47.295 314.175 50.272
202409 47.396 315.301 50.200
202412 44.375 315.605 46.955
202503 44.433 319.799 46.399
202506 41.251 322.561 42.708
202509 29.991 324.800 30.836
202512 28.271 324.054 29.135
202603 27.194 330.213 27.502
202606 25.987 333.952 25.987

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.

What does a Cyclically Adjusted PB Ratio of 0.46 mean?
QuidelOrtho (LTS:0A55) has a Cyclically Adjusted PB Ratio of 0.46 as of Aug. 16, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on QuidelOrtho and its competitors. This is 92% below median its historical median of 5.74. Over the past decade, QuidelOrtho's Cyclically Adjusted PB Ratio has ranged from 0.28 to 35.35. According to the industry distribution chart, QuidelOrtho ranks #74 out of 521 companies in the Medical Devices & Instruments industry, placing it in the top 14.2%.
Is QuidelOrtho's Cyclically Adjusted PB Ratio too high?
QuidelOrtho's current Cyclically Adjusted PB Ratio of 0.46 is 92% below median its 10-year median of 5.74. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 35.35. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.86. QuidelOrtho's value of 0.46 is 75.3% below this industry median. Based on the distribution chart, QuidelOrtho ranks #74 out of 521 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, QuidelOrtho has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does QuidelOrtho's Cyclically Adjusted PB Ratio compare to LMRI and AVNS?
According to the Medical Devices & Instruments industry distribution chart, QuidelOrtho ranks #74 out of 521 companies for Cyclically Adjusted PB Ratio. This places QuidelOrtho in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.86. QuidelOrtho's value of 0.46 is 75.3% below this benchmark. Historically, QuidelOrtho's own Cyclically Adjusted PB Ratio has ranged from 0.28 to 35.35 over the past decade. While the company's 10-year median is 5.74 vs. the industry median of 1.86, QuidelOrtho has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Medical Devices & Instruments company?
The median Cyclically Adjusted PB Ratio among Medical Devices & Instruments companies is 1.86, based on 521 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. QuidelOrtho's current Cyclically Adjusted PB Ratio of 0.46 is 75.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on QuidelOrtho and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. QuidelOrtho's current Cyclically Adjusted PB Ratio is 0.46, which is 92% below median its own 10-year median of 5.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QuidelOrtho stock overvalued right now?
Based on GuruFocus' analysis, QuidelOrtho (LTS:0A55) is currently considered Possible Value Trap. The stock's GF Value™ is $32.28, compared to a current price of $13.56 — trading 58% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.46, which is 92% below median its 10-year median of 5.74 and 75.3% below the Medical Devices & Instruments industry median of 1.86. QuidelOrtho's overall GF Score™ is 45/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For QuidelOrtho (LTS:0A55), the current Cyclically Adjusted PB Ratio is 0.46 as of Aug. 16, 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 QuidelOrtho (LTS:0A55) Overvalued in 2026?

Based on GuruFocus' analysis, QuidelOrtho stock appears to be undervalued. The current stock price of $13.56 is trading 58% below its estimated GF Value™ of $32.28. GuruFocus considers QuidelOrtho to be Possible Value Trap.

Key valuation signals for LTS:0A55:

  • Cyclically Adjusted PB Ratio: 0.46 (92% below median its 10-year median of 5.74)
  • GF Value™: $32.28 vs. price of $13.56 (58% below fair value)
  • GF Score™: 45/100 with 8 warning signs
  • Industry Position: 75.3% below the Medical Devices & Instruments median (#74 of 521)

No single metric tells the full story. See the LTS:0A55 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


QuidelOrtho Business Description

Other Exchanges QDEL:USAQL1A:Germany
Address 9975 Summers Ridge Road, San Diego, CA, USA, 92121
QuidelOrtho Corp is engaged in the development, manufacturing, and marketing of rapid diagnostic testing solutions. The company is engaged in immunoassay and molecular testing, clinical chemistry, and transfusion medicine, which helps clinicians and patients to make decisions across the globe. Geographically, the company has its presence in North America, EMEA, China, and Other countries. It generates the majority of its revenue from North America.
45GF Score

Get the complete analysis for LTS:0A55

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

$13.56
Price
$32.28
GF Value