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Quantum eMotion (TSXV:QNC) Cyclically Adjusted PB Ratio : 4.33 (As of Jun. 10, 2024)


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What is Quantum eMotion Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Quantum eMotion's current share price is C$0.13. Quantum eMotion's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$0.03. Quantum eMotion's Cyclically Adjusted PB Ratio for today is 4.33.

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

TSXV:QNC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 4.39
Current: 4.23

During the past years, Quantum eMotion's highest Cyclically Adjusted PB Ratio was 4.39. The lowest was 0.00. And the median was 0.00.

TSXV:QNC's Cyclically Adjusted PB Ratio is ranked worse than
71.08% of 688 companies
in the Semiconductors industry
Industry Median: 2.555 vs TSXV:QNC: 4.23

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.

Quantum eMotion's adjusted book value per share data for the three months ended in Mar. 2024 was C$0.011. 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$0.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Quantum eMotion Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Quantum eMotion'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.

Quantum eMotion Cyclically Adjusted PB Ratio Chart

Quantum eMotion 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 1.04 0.71 1.97 2.30 1.41

Quantum eMotion Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 2.30 - 1.57 1.41 5.04

Competitive Comparison of Quantum eMotion's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Quantum eMotion'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.


Quantum eMotion's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Quantum eMotion's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Quantum eMotion 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.

Quantum eMotion's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.13/0.03
=4.33

* 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.

Quantum eMotion's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Quantum eMotion's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.011/126.2576*126.2576
=0.011

Current CPI (Mar. 2024) = 126.2576.

Quantum eMotion Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.052 98.604 0.067
201406 0.048 99.473 0.061
201409 0.044 99.394 0.056
201412 0.038 98.367 0.049
201503 0.044 99.789 0.056
201506 0.039 100.500 0.049
201509 0.038 100.421 0.048
201512 0.012 99.947 0.015
201603 0.010 101.054 0.012
201606 0.009 102.002 0.011
201609 0.013 101.765 0.016
201612 0.032 101.449 0.040
201703 0.036 102.634 0.044
201706 0.037 103.029 0.045
201709 0.032 103.345 0.039
201712 0.033 103.345 0.040
201803 0.035 105.004 0.042
201806 0.032 105.557 0.038
201809 0.029 105.636 0.035
201812 0.025 105.399 0.030
201903 0.022 106.979 0.026
201906 0.020 107.690 0.023
201909 0.017 107.611 0.020
201912 0.015 107.769 0.018
202003 0.012 107.927 0.014
202006 0.010 108.401 0.012
202009 0.008 108.164 0.009
202012 0.004 108.559 0.005
202103 0.019 110.298 0.022
202106 0.019 111.720 0.021
202109 0.024 112.905 0.027
202112 0.024 113.774 0.027
202203 0.041 117.646 0.044
202206 0.037 120.806 0.039
202209 0.034 120.648 0.036
202212 0.027 120.964 0.028
202303 0.000 122.702 0.000
202309 0.016 125.230 0.016
202312 0.009 125.072 0.009
202403 0.011 126.258 0.011

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.


Quantum eMotion  (TSXV:QNC) 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.


Quantum eMotion Cyclically Adjusted PB Ratio Related Terms

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


Quantum eMotion (TSXV:QNC) Business Description

Traded in Other Exchanges
Address
2300 Alfred Nobel Boulevard, Suite 209, Montreal, QC, CAN, H4S 2A4
Quantum eMotion Inc is dedicated to developing of a new generation of quantum-safe encryption for the quantum computing age. It is a developer of a new generation of cryptographic solutions under the acquisition of licenses. It allows clients and partners to develop secure quantum-safe encryption that can protect anything from consumer and enterprise devices like mobile phones, computers, the Internet of Things, and networking equipment to demanding cloud-based applications, servers, and military devices.
Executives
Marc Rousseau Director

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