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QST International (ROCO:8349) Cyclically Adjusted PB Ratio : 1.62 (As of Jul. 12, 2025)


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What is QST International Cyclically Adjusted PB Ratio?

As of today (2025-07-12), QST International's current share price is NT$52.60. QST International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$32.51. QST International's Cyclically Adjusted PB Ratio for today is 1.62.

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

ROCO:8349' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.4   Med: 1.91   Max: 3.24
Current: 1.61

During the past years, QST International's highest Cyclically Adjusted PB Ratio was 3.24. The lowest was 1.40. And the median was 1.91.

ROCO:8349's Cyclically Adjusted PB Ratio is ranked better than
58.8% of 2228 companies
in the Industrial Products industry
Industry Median: 2.09 vs ROCO:8349: 1.61

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.

QST International's adjusted book value per share data for the three months ended in Mar. 2025 was NT$38.432. 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 NT$32.51 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


QST International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for QST International'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.

QST International Cyclically Adjusted PB Ratio Chart

QST International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.36 1.82 1.67 1.84 1.89

QST International Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.95 1.96 2.18 1.89 1.70

Competitive Comparison of QST International's Cyclically Adjusted PB Ratio

For the Tools & Accessories subindustry, QST International'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.


QST International's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, QST International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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QST International 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.

QST International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=52.60/32.51
=1.62

* 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.

QST International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, QST International's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=38.432/134.9266*134.9266
=38.432

Current CPI (Mar. 2025) = 134.9266.

QST International Quarterly Data

Book Value per Share CPI Adj_Book
201506 21.185 100.684 28.390
201509 22.493 100.392 30.231
201512 22.207 99.792 30.025
201603 23.304 100.470 31.296
201606 21.030 101.688 27.904
201609 21.194 101.861 28.074
201612 21.532 101.863 28.521
201703 22.277 102.862 29.221
201706 23.010 103.349 30.041
201709 28.368 104.136 36.756
201712 30.722 104.011 39.854
201803 32.657 105.290 41.849
201806 28.171 106.317 35.752
201809 25.749 106.507 32.620
201812 27.098 105.998 34.494
201903 28.277 107.251 35.574
201906 24.766 108.070 30.921
201909 23.807 108.329 29.652
201912 23.769 108.420 29.580
202003 24.425 108.902 30.262
202006 23.942 108.767 29.700
202009 25.454 109.815 31.275
202012 27.625 109.897 33.917
202103 26.273 111.754 31.721
202106 26.579 114.631 31.285
202109 26.460 115.734 30.848
202112 27.253 117.630 31.260
202203 28.468 121.301 31.666
202206 28.272 125.017 30.513
202209 31.058 125.227 33.464
202212 31.176 125.222 33.592
202303 29.977 127.348 31.761
202306 30.002 128.729 31.447
202309 31.627 129.860 32.861
202312 32.162 129.419 33.531
202403 32.727 131.776 33.509
202406 34.474 132.554 35.091
202409 35.926 133.029 36.438
202412 36.405 133.157 36.889
202503 38.432 134.927 38.432

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.


QST International  (ROCO:8349) 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.


QST International Cyclically Adjusted PB Ratio Related Terms

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


QST International Business Description

Traded in Other Exchanges
Address
3F., No.203, Sector 1, Chang Rong Road, Tainan, TWN, 70143
QST International Corp is a Taiwan-based company. It is engaged in manufacturing and distributing automotive and industrial fasteners. The company produces various fasteners, fittings, cold-formed parts, nuts, bolts, screw-machined parts, stampings, metal assemblies, and other products. The company also offers third-party testing and consulting services, training services, and logistics services. It also focuses on providing a remote inventory replenishment program.

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