Qualys (MEX:QLYS) Cyclically Adjusted PB Ratio: 7.33 (As of Jul. 12, 2026) — 51% Below Median


MEX:QLYS Qualys Inc MEX:QLYS
95 GF Score
Price MXN2,642.08
GF Value MXN2,912.73
! 5 Warning Signs
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What is Qualys Cyclically Adjusted PB Ratio?

Qualys MEX:QLYS 95 Cyclically Adjusted PB Ratio is 7.33 as of Jul. 12, 2026, which is 51% below its 10-year median of 14.82. GuruFocus rates MEX:QLYS with a GF Score™ of 95/100 and a GF Value™ of MXN2,912.73. The stock has 5 warning signs investors should review. Among 1,598 Software companies, Qualys ranks worse than 93.24% on this metric.

As of today (2026-07-12), Qualys's current share price is MXN2642.08. Qualys's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN360.60. Qualys's Cyclically Adjusted PB Ratio for today is 7.33.

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

MEX:QLYS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.36   Med: 14.82   Max: 22.3
Current: 12.75

During the past years, Qualys's highest Cyclically Adjusted PB Ratio was 22.30. The lowest was 6.36. And the median was 14.82.

MEX:QLYS's Cyclically Adjusted PB Ratio is ranked worse than
93.24% of 1598 companies
in the Software industry
Industry Median: 2.325 vs MEX:QLYS: 12.75

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.

Qualys's adjusted book value per share data for the three months ended in Mar. 2026 was MXN290.465. 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 MXN360.60 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Qualys  (MEX:QLYS) 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.


Qualys Cyclically Adjusted PB Ratio Related Terms


Qualys Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Qualys'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.

Qualys Cyclically Adjusted PB Ratio Chart

Qualys 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 18.85 12.72 20.53 13.30 11.48

Qualys Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 11.59 12.83 11.60 11.48 7.33

MEX:QLYS vs NTSK, VRNS, RELY: Cyclically Adjusted PB Ratio Comparison

For the Software - Infrastructure subindustry, Qualys'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.


Qualys Cyclically Adjusted PB Ratio vs Software Industry

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

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


MEX:QLYS
95GF Score
Qualys Inc MEX:QLYS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Qualys 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2642.08/360.60
=7.33

* 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.

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

For example, Qualys's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=290.465/330.2130*330.2130
=290.465

Current CPI (Mar. 2026) = 330.2130.

Qualys Quarterly Data

Book Value per Share CPI Adj_Book
201606 118.917 241.018 162.925
201609 130.811 241.428 178.917
201612 148.648 241.432 203.310
201703 144.677 243.801 195.956
201706 147.522 244.955 198.868
201709 156.900 246.819 209.913
201712 174.803 246.524 234.144
201803 170.829 249.554 226.043
201806 184.086 251.989 241.231
201809 177.888 252.439 232.694
201812 180.164 251.233 236.802
201903 185.089 254.202 240.434
201906 187.857 256.143 242.180
201909 183.926 256.759 236.544
201912 186.356 256.974 239.468
202003 232.365 258.115 297.270
202006 239.407 257.797 306.657
202009 226.054 260.280 286.791
202012 204.977 260.474 259.857
202103 207.058 264.877 258.132
202106 200.614 271.696 243.822
202109 213.210 274.310 256.661
202112 229.054 278.802 271.291
202203 218.514 287.504 250.974
202206 207.274 296.311 230.989
202209 187.403 296.808 208.495
202212 150.871 296.797 167.857
202303 130.709 301.836 142.998
202306 129.240 305.109 139.874
202309 152.866 307.789 164.003
202312 169.321 306.746 182.275
202403 181.490 312.332 191.880
202406 212.703 314.175 223.561
202409 241.612 315.301 253.039
202412 272.596 315.605 285.213
202503 279.930 319.799 289.046
202506 264.832 322.561 271.115
202509 270.454 324.800 274.961
202512 282.786 324.054 288.161
202603 290.465 330.213 290.465

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 7.33 mean?
Qualys (MEX:QLYS) has a Cyclically Adjusted PB Ratio of 7.33 as of Jul. 12, 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 Qualys and its competitors. This is 51% below median its historical median of 14.82. Over the past decade, Qualys' Cyclically Adjusted PB Ratio has ranged from 6.36 to 22.30. According to the industry distribution chart, Qualys ranks #1490 out of 1598 companies in the Software industry, placing it in the top 93.2%.
Is Qualys' Cyclically Adjusted PB Ratio too high?
Qualys' current Cyclically Adjusted PB Ratio of 7.33 is 51% below median its 10-year median of 14.82. Over the past 10 years, this metric has ranged from a low of 6.36 to a high of 22.30. The Software industry median Cyclically Adjusted PB Ratio is 2.33. Qualys' value of 7.33 is 215.3% above this industry median. Based on the distribution chart, Qualys ranks #1490 out of 1598 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Qualys has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does Qualys' Cyclically Adjusted PB Ratio compare to NTSK and VRNS?
According to the Software industry distribution chart, Qualys ranks #1490 out of 1598 companies for Cyclically Adjusted PB Ratio. This places Qualys in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.33. Qualys' value of 7.33 is 215.3% above this benchmark. Historically, Qualys' own Cyclically Adjusted PB Ratio has ranged from 6.36 to 22.30 over the past decade. While the company's 10-year median is 14.82 vs. the industry median of 2.33, Qualys has consistently been above 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.33, based on 1,598 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. Qualys's current Cyclically Adjusted PB Ratio of 7.33 is 215.3% above 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 Qualys and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qualys's current Cyclically Adjusted PB Ratio is 7.33, which is 51% below median its own 10-year median of 14.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qualys stock overvalued right now?
Qualys (MEX:QLYS) has a current Cyclically Adjusted PB Ratio of 7.33. The stock's GF Value™ is MXN2,912.73, compared to a current price of MXN2,642.08 — trading 9.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.33, which is 51% below median its 10-year median of 14.82 and 215.3% above the Software industry median of 2.33. Qualys' overall GF Score™ is 95/100 with 5 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 Qualys (MEX:QLYS), the current Cyclically Adjusted PB Ratio is 7.33 as of Jul. 12, 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 Qualys (MEX:QLYS) Overvalued in 2026?

Based on GuruFocus' analysis, Qualys stock appears to be undervalued. The current stock price of MXN2,642.08 is trading 9.3% below its estimated GF Value™ of MXN2,912.73.

Key valuation signals for MEX:QLYS:

  • Cyclically Adjusted PB Ratio: 7.33 (51% below median its 10-year median of 14.82)
  • GF Value™: MXN2,912.73 vs. price of MXN2,642.08 (9.3% below fair value)
  • GF Score™: 95/100 with 5 warning signs
  • Industry Position: 215.3% above the Software median (#1490 of 1598)

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


Qualys Business Description

Address 919 E Hillsdale Boulevard, 4th Floor, Foster City, CA, USA, 94404
Qualys is a cloud security and compliance solutions provider that helps businesses identify and manage their security risks and compliance requirements. The California-based company has more than 10,000 customers worldwide, the majority of which are small- and medium-size businesses. Qualys was founded in 1999 and went public in 2012.
95GF Score

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

MXN2,642.08
Price
MXN2,912.73
GF Value