GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » QCR Holdings Inc (NAS:QCRH) » Definitions » Cyclically Adjusted PB Ratio

QCRH (QCR Holdings) Cyclically Adjusted PB Ratio : 2.04 (As of Jan. 18, 2025)


View and export this data going back to 1993. Start your Free Trial

What is QCR Holdings Cyclically Adjusted PB Ratio?

As of today (2025-01-18), QCR Holdings's current share price is $80.70. QCR Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $39.55. QCR Holdings's Cyclically Adjusted PB Ratio for today is 2.04.

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

QCRH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.53   Max: 2.34
Current: 2.04

During the past years, QCR Holdings's highest Cyclically Adjusted PB Ratio was 2.34. The lowest was 0.75. And the median was 1.53.

QCRH's Cyclically Adjusted PB Ratio is ranked worse than
86.8% of 1227 companies
in the Banks industry
Industry Median: 1.02 vs QCRH: 2.04

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.

QCR Holdings's adjusted book value per share data for the three months ended in Sep. 2024 was $57.921. 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 $39.55 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


QCR Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for QCR Holdings'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.

QCR Holdings Cyclically Adjusted PB Ratio Chart

QCR Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.60 1.42 1.84 1.50 1.62

QCR Holdings 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 1.37 1.62 1.62 1.56 1.87

Competitive Comparison of QCR Holdings's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, QCR Holdings'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.


QCR Holdings's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, QCR Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



QCR Holdings 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.

QCR Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=80.70/39.55
=2.04

* 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.

QCR Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, QCR Holdings's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=57.921/133.0289*133.0289
=57.921

Current CPI (Sep. 2024) = 133.0289.

QCR Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201412 18.116 99.070 24.326
201503 18.894 99.621 25.230
201506 18.096 100.684 23.909
201509 18.852 100.392 24.981
201512 19.206 99.792 25.603
201603 19.902 100.470 26.351
201606 21.070 101.688 27.564
201609 21.480 101.861 28.053
201612 21.824 101.863 28.501
201703 22.478 102.862 29.070
201706 23.156 103.349 29.806
201709 23.711 104.136 30.290
201712 25.383 104.011 32.465
201803 25.861 105.290 32.674
201806 26.448 106.317 33.093
201809 29.182 106.507 36.449
201812 30.101 105.998 37.777
201903 30.999 107.251 38.450
201906 31.973 108.070 39.357
201909 32.915 108.329 40.420
201912 33.823 108.420 41.500
202003 34.180 108.902 41.753
202006 35.212 108.767 43.066
202009 36.259 109.815 43.924
202012 37.568 109.897 45.476
202103 38.420 111.754 45.734
202106 39.996 114.631 46.415
202109 41.680 115.734 47.908
202112 43.361 117.630 49.038
202203 42.872 121.301 47.017
202206 43.549 125.017 46.340
202209 43.651 125.227 46.371
202212 46.007 125.222 48.875
202303 47.954 127.348 50.093
202306 49.222 128.729 50.866
202309 49.510 129.860 50.718
202312 52.933 129.419 54.409
202403 53.986 131.776 54.499
202406 55.650 132.554 55.849
202409 57.921 133.029 57.921

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.


QCR Holdings  (NAS:QCRH) 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.


QCR Holdings Cyclically Adjusted PB Ratio Related Terms

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


QCR Holdings Business Description

Industry
Traded in Other Exchanges
Address
3551 7th Street, Moline, IL, USA, 61265
QCR Holdings Inc is a multi-bank holding company. The bank operates through segments namely Commercial Banking, Wealth Management, and all other segments. The commercial bank segment is geographically divided by markets namely QCBT, CRBT, CSB, and GB. It generates revenue in the form of interest.
Executives
Nick W Anderson officer: SVP, Chief Accounting Officer 21428 71ST AVE N, PORT BYRON IL 61275
Marie Z. Ziegler director 2252 SAINT ANDREWS CIRCLE, BETTENDORF IA 52722
Larry J Helling director
Todd A Gipple officer: Exec VP/CFO 3551 7TH ST, STE 204, MOLINE IL 61265
Nicole A Lee officer: EVP, Chief HR Officer 2397 WRIGHT BROTHERS BLVD E, CEDAR RAPIDS IA 52404
Reba K Winter officer: EVP, COO 3402 RIVER RIDGE CT NE, CEDAR RAPIDS IA 52402
Elizabeth S Jacobs director 2812 DRUID HILL DRIVE, DES MOINES IA 50315
James M. Field director DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
John F Griesemer director 4024 E WINDSONG, SPRINGFIELD MO 65809
Mary Kay Bates director PO BOX 349, OKOBOJI IA 51355
Brent R Cobb director 3106 RIMROCK CT NE, CEDAR RAPIDS IA 52402
John H Anderson officer: President, QCBT 2315 FAIRHAVEN RD, DAVENPORT IA 52803
Monte C Mcnew officer: President & CEO, SFC 3825 E. CYPRESS POINT, SPRINGFIELD MO 65802
Dana L Nichols officer: EVP, Chief Credit Officer 2410 BEVER AVENUE SE, CEDAR RAPIDS IA 52403
Anne E Howard officer: SVP, Dir Of Human Resources 5107 GREYSTONE DRIVE, BETTENDORF IA 52722