QuidelOrtho (STU:QL1A) Cyclically Adjusted PB Ratio: 0.46 (As of Jul. 30, 2026) — 92% Below Median

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STU:QL1A QuidelOrtho Corp STU:QL1A
55 GF Score
Price €14.40
GF Value €32.61
Valuation Possible Value Trap
! 8 Warning Signs
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What is QuidelOrtho Cyclically Adjusted PB Ratio?

QuidelOrtho STU:QL1A -1.91% 55 Cyclically Adjusted PB Ratio is 0.46 as of Jul. 30, 2026, which is 92% below its 10-year median of 5.74. GuruFocus rates STU:QL1A with a GF Score™ of 55/100 and a GF Value™ of €32.61 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 520 Medical Devices & Instruments companies, QuidelOrtho ranks better than 84.42% on this metric.

As of today (2026-07-30), QuidelOrtho's current share price is €14.40. QuidelOrtho's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €31.61. 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:

STU:QL1A' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 5.74   Max: 35.35
Current: 0.45

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.

STU:QL1A's Cyclically Adjusted PB Ratio is ranked better than
84.42% of 520 companies
in the Medical Devices & Instruments industry
Industry Median: 1.8 vs STU:QL1A: 0.45

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 Mar. 2026 was €23.523. 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 €31.61 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


QuidelOrtho  (STU:QL1A) 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
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 1.05 0.83 0.83 0.80 0.45

STU:QL1A 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.


STU:QL1A
55GF Score
QuidelOrtho Corp STU:QL1A
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
=14.40/31.61
=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 Mar. 2026 is calculated as:

For example, QuidelOrtho'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)
=23.523/330.2130*330.2130
=23.523

Current CPI (Mar. 2026) = 330.2130.

QuidelOrtho Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.304 241.018 7.267
201609 5.370 241.428 7.345
201612 5.782 241.432 7.908
201703 6.201 243.801 8.399
201706 5.663 244.955 7.634
201709 5.404 246.819 7.230
201712 5.556 246.524 7.442
201803 7.168 249.554 9.485
201806 8.097 251.989 10.611
201809 8.465 252.439 11.073
201812 9.498 251.233 12.484
201903 10.243 254.202 13.306
201906 10.897 256.143 14.048
201909 11.647 256.759 14.979
201912 12.034 256.974 15.464
202003 13.042 258.115 16.685
202006 12.949 257.797 16.586
202009 17.152 260.280 21.760
202012 25.904 260.474 32.840
202103 29.414 264.877 36.669
202106 28.131 271.696 34.190
202109 33.331 274.310 40.124
202112 40.961 278.802 48.514
202203 52.400 287.504 60.184
202206 69.462 296.311 77.409
202209 73.383 296.808 81.642
202212 70.155 296.797 78.054
202303 70.071 301.836 76.659
202306 69.121 305.109 74.808
202309 69.668 307.789 74.744
202312 68.822 306.746 74.087
202403 45.501 312.332 48.106
202406 43.937 314.175 46.180
202409 42.704 315.301 44.724
202412 42.378 315.605 44.339
202503 41.100 319.799 42.438
202506 35.765 322.561 36.613
202509 25.552 324.800 25.978
202512 24.143 324.054 24.602
202603 23.523 330.213 23.523

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 (STU:QL1A) has a Cyclically Adjusted PB Ratio of 0.46 as of Jul. 30, 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 #81 out of 520 companies in the Medical Devices & Instruments industry, placing it in the top 15.6%.
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 1.80. QuidelOrtho's value of 0.46 is 74.4% below this industry median. Based on the distribution chart, QuidelOrtho ranks #81 out of 520 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 55/100 and is considered Possible Value Trap, 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 #81 out of 520 companies for Cyclically Adjusted PB Ratio. This places QuidelOrtho in the top 16% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.80. QuidelOrtho's value of 0.46 is 74.4% 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 1.80, 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 1.80, based on 520 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 74.4% 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 1.80 — 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?
Based on GuruFocus' analysis, QuidelOrtho (STU:QL1A) is currently considered Possible Value Trap. The stock's GF Value™ is €32.61, compared to a current price of €14.40 — trading 55.8% 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 74.4% below the Medical Devices & Instruments industry median of 1.80. QuidelOrtho's overall GF Score™ is 55/100 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 (STU:QL1A), the current Cyclically Adjusted PB Ratio is 0.46 as of Jul. 30, 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 (STU:QL1A) Overvalued in 2026?

Based on GuruFocus' analysis, QuidelOrtho stock appears to be undervalued. The current stock price of €14.40 is trading 55.8% below its estimated GF Value™ of €32.61. GuruFocus considers QuidelOrtho to be Possible Value Trap.

Key valuation signals for STU:QL1A:

  • Cyclically Adjusted PB Ratio: 0.46 (92% below median its 10-year median of 5.74)
  • GF Value™: €32.61 vs. price of €14.40 (55.8% below fair value)
  • GF Score™: 55/100 with 8 warning signs
  • Industry Position: 74.4% below the Medical Devices & Instruments median (#81 of 520)

No single metric tells the full story. See the STU:QL1A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


QuidelOrtho Business Description

Other Exchanges QDEL:USA0A55:UK
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.
55GF Score

Get the complete analysis for STU:QL1A

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

€14.40
Price
€32.61
GF Value