Quipt Home Medical (TSX:QIPT) Cyclically Adjusted PB Ratio: 1.32 (As of Sep. 09, 2026) — 13% Below Median

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TSX:QIPT Quipt Home Medical Corp TSX:QIPT
59 GF Score
Price C$4.98
GF Value C$5.14
! 7 Warning Signs
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What is Quipt Home Medical Cyclically Adjusted PB Ratio?

Quipt Home Medical TSX:QIPT +0.40% 59 Cyclically Adjusted PB Ratio is 1.32 as of Sep. 09, 2026, which is 13% below its 10-year median of 1.52. GuruFocus rates TSX:QIPT with a GF Score™ of 59/100 and a GF Value™ of C$5.14. The stock has 7 warning signs investors should review.

As of today (2026-09-09), Quipt Home Medical's current share price is C$4.98. Quipt Home Medical's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was C$3.77. Quipt Home Medical's Cyclically Adjusted PB Ratio for today is 1.32.

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

TSX:QIPT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 1.52   Max: 3.39
Current: 1.33

During the past years, Quipt Home Medical's highest Cyclically Adjusted PB Ratio was 3.39. The lowest was 0.43. And the median was 1.52.

TSX:QIPT's Cyclically Adjusted PB Ratio is not ranked
in the Medical Distribution industry.
Industry Median: 1.08 vs TSX:QIPT: 1.33

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.

Quipt Home Medical's adjusted book value per share data for the three months ended in Dec. 2025 was C$3.163. 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 C$3.77 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Quipt Home Medical  (TSX:QIPT) 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.


Quipt Home Medical Cyclically Adjusted PB Ratio Related Terms


Quipt Home Medical Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Quipt Home Medical'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.

Quipt Home Medical Cyclically Adjusted PB Ratio Chart

Quipt Home Medical Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.55 1.48 1.63 0.90 0.88

Quipt Home Medical Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.94 0.71 0.57 0.88 1.28

TSX:QIPT vs ACH, EDAP, YI: Cyclically Adjusted PB Ratio Comparison

For the Medical Distribution subindustry, Quipt Home Medical'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.


Quipt Home Medical Cyclically Adjusted PB Ratio vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Quipt Home Medical's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSX:QIPT
59GF Score
Quipt Home Medical Corp TSX:QIPT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Quipt Home Medical 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.

Quipt Home Medical's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.98/3.77
=1.32

* 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.

Quipt Home Medical's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Quipt Home Medical's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=3.163/324.0540*324.0540
=3.163

Current CPI (Dec. 2025) = 324.0540.

Quipt Home Medical Quarterly Data

Book Value per Share CPI Adj_Book
201603 9.980 238.132 13.581
201606 8.998 241.018 12.098
201609 6.370 241.428 8.550
201612 6.292 241.432 8.445
201703 6.123 243.801 8.139
201706 5.953 244.955 7.875
201709 4.666 246.819 6.126
201712 1.107 246.524 1.455
201803 0.993 249.554 1.289
201806 0.960 251.989 1.235
201809 1.026 252.439 1.317
201812 1.213 251.233 1.565
201903 1.175 254.202 1.498
201906 0.758 256.143 0.959
201909 0.825 256.759 1.041
201912 0.815 256.974 1.028
202003 0.999 258.115 1.254
202006 1.625 257.797 2.043
202009 1.331 260.280 1.657
202012 1.315 260.474 1.636
202103 1.320 264.877 1.615
202106 2.065 271.696 2.463
202109 2.227 274.310 2.631
202112 2.249 278.802 2.614
202203 2.481 287.504 2.796
202206 2.577 296.311 2.818
202209 2.980 296.808 3.254
202212 3.069 296.797 3.351
202303 2.729 301.836 2.930
202306 3.504 305.109 3.722
202309 3.571 307.789 3.760
202312 3.524 306.746 3.723
202403 3.509 312.332 3.641
202406 3.492 314.175 3.602
202409 3.370 315.301 3.464
202412 3.515 315.605 3.609
202503 3.417 319.799 3.462
202506 3.226 322.561 3.241
202509 3.197 324.800 3.190
202512 3.163 324.054 3.163

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 1.32 mean?
Quipt Home Medical (TSX:QIPT) has a Cyclically Adjusted PB Ratio of 1.32 as of Sep. 09, 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 Quipt Home Medical and its competitors. This is 13% below median its historical median of 1.52. Over the past decade, Quipt Home Medical's Cyclically Adjusted PB Ratio has ranged from 0.43 to 3.39.
Is Quipt Home Medical's Cyclically Adjusted PB Ratio too high?
Quipt Home Medical's current Cyclically Adjusted PB Ratio of 1.32 is 13% below median its 10-year median of 1.52. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 3.39. The Medical Distribution industry median Cyclically Adjusted PB Ratio is 1.08. Quipt Home Medical's value of 1.32 is 22.2% above this industry median. Overall, Quipt Home Medical has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Quipt Home Medical's Cyclically Adjusted PB Ratio compare to ACH and EDAP?
Quipt Home Medical's Cyclically Adjusted PB Ratio of 1.32 can be compared against companies in the Medical Distribution industry. The industry median Cyclically Adjusted PB Ratio is 1.08. Quipt Home Medical's value of 1.32 is 22.2% above this benchmark. Historically, Quipt Home Medical's own Cyclically Adjusted PB Ratio has ranged from 0.43 to 3.39 over the past decade. While the company's 10-year median is 1.52 vs. the industry median of 1.08, Quipt Home Medical 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 Medical Distribution company?
The median Cyclically Adjusted PB Ratio among Medical Distribution companies is 1.08, based on 85 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. Quipt Home Medical's current Cyclically Adjusted PB Ratio of 1.32 is 22.2% 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 Quipt Home Medical and its competitors. For the Medical Distribution industry, the median Cyclically Adjusted PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quipt Home Medical's current Cyclically Adjusted PB Ratio is 1.32, which is 13% below median its own 10-year median of 1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quipt Home Medical stock overvalued right now?
Quipt Home Medical (TSX:QIPT) has a current Cyclically Adjusted PB Ratio of 1.32. The stock's GF Value™ is C$5.14, compared to a current price of C$4.98 — trading 3.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.32, which is 13% below median its 10-year median of 1.52 and 22.2% above the Medical Distribution industry median of 1.08. Quipt Home Medical's overall GF Score™ is 59/100 with 7 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 Quipt Home Medical (TSX:QIPT), the current Cyclically Adjusted PB Ratio is 1.32 as of Sep. 09, 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 Quipt Home Medical (TSX:QIPT) Overvalued in 2026?

Based on GuruFocus' analysis, Quipt Home Medical stock appears to be undervalued. The current stock price of C$4.98 is trading 3.1% below its estimated GF Value™ of C$5.14.

Key valuation signals for TSX:QIPT:

  • Cyclically Adjusted PB Ratio: 1.32 (13% below median its 10-year median of 1.52)
  • GF Value™: C$5.14 vs. price of C$4.98 (3.1% below fair value)
  • GF Score™: 59/100 with 7 warning signs
  • Industry Position: 22.2% above the Medical Distribution median

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


Quipt Home Medical Business Description

Address 1019 Town Drive, Wilder, KY, USA, 41076
Quipt Home Medical Corp is a provider of durable medical equipment (DME) and home medical equipment (HME) in the United States. The Company specializes in delivering in-home treatments for the management of chronic conditions, with a primary focus on respiratory diseases, and supports patients with heart and pulmonary diseases, sleep apnea, reduced mobility, and other chronic health challenges. Its products and services include Sleep Apnea and PAP treatment, home medical equipment, home ventilation, and custom mobility solutions. The Company operates in a single business segment, comprising the sale and rental of medical equipment and related devices, and serves patients across 27 states in the United States.
59GF Score

Get the complete analysis for TSX:QIPT

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

C$4.98
Price
C$5.14
GF Value