Q.Beyond AG (WBO:QBY0) Cyclically Adjusted PB Ratio: (As of Aug. 12, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WBO:QBY0 Q.Beyond AG WBO:QBY0
47 GF Score
Price €3.34
GF Value €3.80
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Q.Beyond AG Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Q.Beyond AG  (WBO:QBY0) 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.


Q.Beyond AG Cyclically Adjusted PB Ratio Related Terms


Q.Beyond AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Q.Beyond AG'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.

Q.Beyond AG Cyclically Adjusted PB Ratio Chart

Q.Beyond AG 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 1.61 0.62 0.50 0.65 0.64

Q.Beyond AG Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.84 0.79 0.64 0.62 0.00

WBO:QBY0 vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Q.Beyond AG'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.


Q.Beyond AG Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Q.Beyond AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Q.Beyond AG's Cyclically Adjusted PB Ratio falls into.


WBO:QBY0
47GF Score
Q.Beyond AG WBO:QBY0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Q.Beyond AG 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.

Q.Beyond AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Q.Beyond AG's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=3.584/131.3638*131.3638
=3.584

Current CPI (Jun. 2026) = 131.3638.

Q.Beyond AG Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.850 101.017 6.307
201612 3.490 101.217 4.529
201703 3.531 101.417 4.574
201706 3.415 102.117 4.393
201709 3.485 102.717 4.457
201712 3.627 102.617 4.643
201803 3.673 102.917 4.688
201806 3.703 104.017 4.677
201809 3.580 104.718 4.491
201812 3.659 104.217 4.612
201903 3.653 104.217 4.605
201906 7.789 105.718 9.679
201909 7.677 106.018 9.512
201912 6.450 105.818 8.007
202003 6.228 105.718 7.739
202006 5.872 106.618 7.235
202009 5.683 105.818 7.055
202012 5.485 105.518 6.829
202103 5.345 107.518 6.530
202106 5.209 108.486 6.307
202109 6.041 109.435 7.252
202112 5.903 110.384 7.025
202203 5.760 113.968 6.639
202206 5.631 115.760 6.390
202209 5.506 118.818 6.087
202212 4.622 119.345 5.087
202303 4.408 122.402 4.731
202306 4.286 123.140 4.572
202309 4.128 124.195 4.366
202312 3.927 123.773 4.168
202403 3.872 125.038 4.068
202406 3.832 125.882 3.999
202409 3.791 126.198 3.946
202412 3.715 127.041 3.841
202503 3.695 127.779 3.799
202506 3.686 128.412 3.771
202509 3.706 129.255 3.766
202512 3.780 129.361 3.839
202603 3.735 131.258 3.738
202606 3.584 131.364 3.584

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.

Is Q.Beyond AG (WBO:QBY0) Overvalued in 2026?

Based on GuruFocus' analysis, Q.Beyond AG stock appears to be undervalued. The current stock price of €3.34 is trading 12.1% below its estimated GF Value™ of €3.80. GuruFocus considers Q.Beyond AG to be Modestly Undervalued.

Key valuation signals for WBO:QBY0:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €3.80 vs. price of €3.34 (12.1% below fair value)
  • GF Score™: 47/100 with 2 warning signs

No single metric tells the full story. See the WBO:QBY0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Q.Beyond AG Business Description

Other Exchanges 0CHZ:UKQBY0:Germany
Address Richard-Byrd-Strasse 4, Cologne, DEU, 50829
Q.Beyond AG helps its customers find digital solutions for their business and then put them into practice. The company is into Cloud, SAP, and IoT. It focuses on a digital branch, tailored cloud, SAP S / 4HANA, and cybersecurity. The company's segments are into consulting and development services (the "Consulting" segment) and operating services (the "Managed Services" segment). The portfolio under Managed Services ranges from turnkey cloud modules to digital workplaces facilitating networked mobile work to individual IT outsourcing services. The Consulting segment comprises a variety of consulting and customised development services. The company generates the majority of its revenue from the Managed Services segment.
47GF Score

Get the complete analysis for WBO:QBY0

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

€3.34
Price
€3.80
GF Value