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Quick Heal Technologies (NSE:QUICKHEAL) Cyclically Adjusted PB Ratio : 5.43 (As of Dec. 12, 2024)


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What is Quick Heal Technologies Cyclically Adjusted PB Ratio?

As of today (2024-12-12), Quick Heal Technologies's current share price is ₹649.40. Quick Heal Technologies's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹119.59. Quick Heal Technologies's Cyclically Adjusted PB Ratio for today is 5.43.

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

NSE:QUICKHEAL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.71   Med: 3.94   Max: 5.29
Current: 5.29

During the past 10 years, Quick Heal Technologies's highest Cyclically Adjusted PB Ratio was 5.29. The lowest was 3.71. And the median was 3.94.

NSE:QUICKHEAL's Cyclically Adjusted PB Ratio is ranked worse than
70.76% of 1361 companies
in the Software industry
Industry Median: 2.86 vs NSE:QUICKHEAL: 5.29

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.

Quick Heal Technologies's adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹81.657. 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 ₹119.59 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Quick Heal Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Quick Heal Technologies'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.

* Premium members only.

Quick Heal Technologies Cyclically Adjusted PB Ratio Chart

Quick Heal Technologies Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 3.93

Quick Heal Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - 3.93 - -

Competitive Comparison of Quick Heal Technologies's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Quick Heal Technologies'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.


Quick Heal Technologies's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Quick Heal Technologies 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.

Quick Heal Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=649.40/119.59
=5.43

* 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.

Quick Heal Technologies's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Quick Heal Technologies's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=81.657/153.0345*153.0345
=81.657

Current CPI (Mar24) = 153.0345.

Quick Heal Technologies Annual Data

Book Value per Share CPI Adj_Book
201503 61.528 97.163 96.908
201603 89.869 102.518 134.152
201703 94.385 105.196 137.307
201803 102.839 109.786 143.350
201903 111.921 118.202 144.902
202003 100.316 124.705 123.105
202103 117.039 131.771 135.926
202203 108.194 138.822 119.271
202303 79.080 146.865 82.402
202403 81.657 153.035 81.657

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.


Quick Heal Technologies  (NSE:QUICKHEAL) 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.


Quick Heal Technologies Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Quick Heal Technologies's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Quick Heal Technologies Business Description

Traded in Other Exchanges
Address
Viman Nagar, Office No. 7010 C & D, 7th Floor, Solitaire Business Hub, Pune, MH, IND, 411014
Quick Heal Technologies Ltd is an India-based IT security solutions company. It is engaged in offering software security products and solutions. The company serves clients in various industries including manufacturing, BFSI, healthcare, hospitality, educational institutions, government organizations, emerging e-commerce, and the service sector. The group reports the operating segments based on the target customer groups are; Consumer, and Enterprise and Government. It has a business presence in India and foreign countries, of which maximum revenue is derived within India. Its product range consists of Quick Heal Total Security, Quick Heal Internet Security, Quick Heal AntiVirus Pro, Quick Heal Total Security for Mac, Quick Heal PCTuner 3.0, and Guardian NetSecure.

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