VIQ Solutions (VIQ Solutions) Cyclically Adjusted PB Ratio : 0.37 (As of Jun. 17, 2024)

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What is VIQ Solutions Cyclically Adjusted PB Ratio?

As of today (2024-06-17), VIQ Solutions's current share price is $0.187. VIQ Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $0.50. VIQ Solutions's Cyclically Adjusted PB Ratio for today is 0.37.

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

VQSSF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18 Med: 3.88 Max: 13.71
Current: 0.33

During the past years, VIQ Solutions's highest Cyclically Adjusted PB Ratio was 13.71. The lowest was 0.18. And the median was 3.88.

VQSSF's Cyclically Adjusted PB Ratio is ranked better than
92.42% of 1425 companies
in the Software industry
Industry Median: 2.5 vs VQSSF: 0.33

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.

VIQ Solutions's adjusted book value per share data for the three months ended in Sep. 2023 was $0.212. 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 $0.50 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation

VIQ Solutions Cyclically Adjusted PB Ratio Historical Data

The historical data trend for VIQ Solutions'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.

VIQ Solutions Cyclically Adjusted PB Ratio Chart

VIQ Solutions Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cyclically Adjusted PB Ratio

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4.18

3.50

9.07

4.46

0.53

VIQ Solutions Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cyclically Adjusted PB Ratio	Get a 7-Day Free Trial															1.19	0.53	0.71	0.64	0.34

Competitive Comparison of VIQ Solutions's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, VIQ Solutions'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.

VIQ Solutions's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, VIQ Solutions's Cyclically Adjusted PB Ratio distribution charts can be found below:

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

VIQ Solutions 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.

VIQ Solutions's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio	=	Share Price	/	Cyclically Adjusted Book per Share
	=	0.187	/	0.5
	=	0.37

VIQ Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, VIQ Solutions's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book	=	Book Value per Share	/	CPI of Sep. 2023 (Change)	*	Current CPI (Sep. 2023)
	=	0.212	/	125.2304	*	125.2304
	=	0.212

Current CPI (Sep. 2023) = 125.2304.

VIQ Solutions Quarterly Data

	Book Value per Share	CPI	Adj_Book
201312	0.496	96.945	0.641
201403	0.491	98.604	0.624
201406	0.467	99.473	0.588
201409	0.384	99.394	0.484
201412	0.265	98.367	0.337
201503	0.209	99.789	0.262
201506	0.144	100.500	0.179
201509	0.214	100.421	0.267
201512	0.246	99.947	0.308
201603	0.238	101.054	0.295
201606	0.230	102.002	0.282
201609	0.206	101.765	0.254
201612	0.392	101.449	0.484
201703	0.423	102.634	0.516
201706	0.447	103.029	0.543
201709	0.560	103.345	0.679
201712	0.840	103.345	1.018
201803	0.832	105.004	0.992
201806	0.753	105.557	0.893
201809	0.692	105.636	0.820
201812	0.311	105.399	0.370
201903	0.278	106.979	0.325
201906	0.113	107.690	0.131
201909	0.330	107.611	0.384
201912	0.204	107.769	0.237
202003	0.458	107.927	0.531
202006	0.425	108.401	0.491
202009	0.415	108.164	0.480
202012	0.839	108.559	0.968
202103	0.830	110.298	0.942
202106	0.629	111.720	0.705
202109	0.852	112.905	0.945
202112	0.739	113.774	0.813
202203	0.690	117.646	0.734
202206	0.518	120.806	0.537
202209	0.518	120.648	0.538
202212	0.451	120.964	0.467
202303	0.418	122.702	0.427
202306	0.291	124.203	0.293
202309	0.212	125.230	0.212

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.

VIQ Solutions (OTCPK:VQSSF) 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.

VIQ Solutions Cyclically Adjusted PB Ratio Related Terms

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

VIQ Solutions (VIQ Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » VIQ Solutions Inc (OTCPK:VQSSF) » Definitions » Cyclically Adjusted PB Ratio

Comparable Companies

Traded in Other Exchanges

VQS:Canada

Address

5915 Airport Road, Suite 700, Mississauga, ON, CAN, L4V 1T1

Website

https://www.viqsolutions.com

VIQ Solutions Inc operates as a technology and service platform provider for digital evidence capture, retrieval, and content management in Australia, the United Kingdom, Canada, the United States, and internationally. The reportable segments of the company are technology and related revenue which develops, distributes, and licenses computer-based digital solutions, and the technology services which provide recording and transcription services.