QuidelOrtho (MEX:QDEL1) Cyclically Adjusted PB Ratio: 0.46 (As of Aug. 21, 2026) — 92% Below Median

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MEX:QDEL1 QuidelOrtho Corp MEX:QDEL1
47 GF Score
Price MXN570.28
GF Value MXN1,280.82
! 8 Warning Signs
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What is QuidelOrtho Cyclically Adjusted PB Ratio?

QuidelOrtho MEX:QDEL1 47 Cyclically Adjusted PB Ratio is 0.46 as of Aug. 21, 2026, which is 92% below its 10-year median of 5.74. GuruFocus rates MEX:QDEL1 with a GF Score™ of 47/100 and a GF Value™ of MXN1,280.82. The stock has 8 warning signs investors should review. Among 519 Medical Devices & Instruments companies, QuidelOrtho ranks better than 85.93% on this metric.

As of today (2026-08-21), QuidelOrtho's current share price is MXN570.28. QuidelOrtho's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN1,227.17. 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:

MEX:QDEL1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 5.74   Max: 35.35
Current: 0.39

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.

MEX:QDEL1's Cyclically Adjusted PB Ratio is ranked better than
85.93% of 519 companies
in the Medical Devices & Instruments industry
Industry Median: 1.88 vs MEX:QDEL1: 0.39

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 MXN453.444. 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 MXN1,227.17 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


QuidelOrtho  (MEX:QDEL1) 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

MEX:QDEL1 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.


MEX:QDEL1
47GF Score
QuidelOrtho Corp MEX:QDEL1
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
=570.28/1227.17
=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)
=453.444/333.9520*333.9520
=453.444

Current CPI (Jun. 2026) = 333.9520.

QuidelOrtho Quarterly Data

Book Value per Share CPI Adj_Book
201609 116.536 241.428 161.197
201612 125.738 241.432 173.922
201703 124.883 243.801 171.061
201706 115.007 244.955 156.791
201709 116.888 246.819 158.152
201712 129.132 246.524 174.928
201803 160.569 249.554 214.873
201806 185.863 251.989 246.318
201809 184.764 252.439 244.425
201812 212.165 251.233 282.021
201903 224.504 254.202 294.937
201906 236.511 256.143 308.356
201909 253.241 256.759 329.376
201912 252.178 256.974 327.719
202003 337.906 258.115 437.186
202006 336.588 257.797 436.018
202009 446.291 260.280 572.613
202012 626.865 260.474 803.699
202103 715.776 264.877 902.437
202106 674.680 271.696 829.275
202109 806.289 274.310 981.597
202112 949.473 278.802 1,137.289
202203 1,149.059 287.504 1,334.696
202206 1,477.202 296.311 1,664.854
202209 1,461.477 296.808 1,644.373
202212 1,448.870 296.797 1,630.249
202303 1,352.281 301.836 1,496.167
202306 1,283.868 305.109 1,405.236
202309 1,295.126 307.789 1,405.216
202312 1,273.934 306.746 1,386.922
202403 820.817 312.332 877.635
202406 866.451 314.175 920.993
202409 933.250 315.301 988.455
202412 925.463 315.605 979.263
202503 909.011 319.799 949.240
202506 776.725 322.561 804.154
202509 550.164 324.800 565.666
202512 509.038 324.054 524.586
202603 490.375 330.213 495.928
202606 453.444 333.952 453.444

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 (MEX:QDEL1) has a Cyclically Adjusted PB Ratio of 0.46 as of Aug. 21, 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 #73 out of 519 companies in the Medical Devices & Instruments industry, placing it in the top 14.1%.
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 1.88. QuidelOrtho's value of 0.46 is 75.5% below this industry median. Based on the distribution chart, QuidelOrtho ranks #73 out of 519 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 47/100, 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 #73 out of 519 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 1.88. QuidelOrtho's value of 0.46 is 75.5% 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 1.88, 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 1.88, based on 519 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 75.5% 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 1.88 — 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?
QuidelOrtho (MEX:QDEL1) has a current Cyclically Adjusted PB Ratio of 0.46. The stock's GF Value™ is MXN1,280.82, compared to a current price of MXN570.28 — trading 55.5% 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 75.5% below the Medical Devices & Instruments industry median of 1.88. QuidelOrtho's overall GF Score™ is 47/100 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 (MEX:QDEL1), the current Cyclically Adjusted PB Ratio is 0.46 as of Aug. 21, 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 (MEX:QDEL1) Overvalued in 2026?

Based on GuruFocus' analysis, QuidelOrtho stock appears to be undervalued. The current stock price of MXN570.28 is trading 55.5% below its estimated GF Value™ of MXN1,280.82.

Key valuation signals for MEX:QDEL1:

  • Cyclically Adjusted PB Ratio: 0.46 (92% below median its 10-year median of 5.74)
  • GF Value™: MXN1,280.82 vs. price of MXN570.28 (55.5% below fair value)
  • GF Score™: 47/100 with 8 warning signs
  • Industry Position: 75.5% below the Medical Devices & Instruments median (#73 of 519)

No single metric tells the full story. See the MEX:QDEL1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


QuidelOrtho Business Description

Other Exchanges QDEL:USA0A55:UKQL1A: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.
47GF Score

Get the complete analysis for MEX:QDEL1

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

MXN570.28
Price
MXN1,280.82
GF Value