GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Quest for Growth NV (XBRU:QFG) » Definitions » Cyclically Adjusted PB Ratio

Quest for Growth NV (XBRU:QFG) Cyclically Adjusted PB Ratio : 0.42 (As of May. 10, 2024)


View and export this data going back to 1998. Start your Free Trial

What is Quest for Growth NV Cyclically Adjusted PB Ratio?

As of today (2024-05-10), Quest for Growth NV's current share price is €4.56. Quest for Growth NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €10.82. Quest for Growth NV's Cyclically Adjusted PB Ratio for today is 0.42.

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

XBRU:QFG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.59   Max: 0.84
Current: 0.42

During the past years, Quest for Growth NV's highest Cyclically Adjusted PB Ratio was 0.84. The lowest was 0.41. And the median was 0.59.

XBRU:QFG's Cyclically Adjusted PB Ratio is ranked better than
82.37% of 930 companies
in the Asset Management industry
Industry Median: 0.79 vs XBRU:QFG: 0.42

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.

Quest for Growth NV's adjusted book value per share data for the three months ended in Mar. 2024 was €7.440. 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 €10.82 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Quest for Growth NV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Quest for Growth NV'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.

Quest for Growth NV Cyclically Adjusted PB Ratio Chart

Quest for Growth NV 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 0.62 0.69 0.79 0.54 0.46

Quest for Growth NV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.51 0.50 0.47 0.46 0.42

Competitive Comparison of Quest for Growth NV's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Quest for Growth NV'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.


Quest for Growth NV's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Quest for Growth NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Quest for Growth NV's Cyclically Adjusted PB Ratio falls into.



Quest for Growth NV 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.

Quest for Growth NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.56/10.82
=0.42

* 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.

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

For example, Quest for Growth NV'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)
=7.44/128.2922*128.2922
=7.440

Current CPI (Mar. 2024) = 128.2922.

Quest for Growth NV Quarterly Data

Book Value per Share CPI Adj_Book
201306 9.095 99.215 11.761
201309 9.370 99.314 12.104
201312 8.889 99.462 11.466
201403 9.160 99.819 11.773
201406 9.217 99.482 11.886
201409 9.503 99.195 12.291
201412 8.890 99.086 11.510
201503 10.009 99.423 12.915
201506 0.000 100.107 0.000
201509 11.310 100.245 14.474
201512 11.958 100.572 15.254
201603 8.590 101.653 10.841
201606 8.668 102.267 10.874
201609 9.120 102.118 11.458
201612 8.905 102.614 11.133
201703 9.931 103.972 12.254
201706 10.365 103.902 12.798
201712 10.713 104.804 13.114
201812 7.121 107.252 8.518
201903 0.000 107.876 0.000
201906 0.000 107.896 0.000
201909 0.000 107.470 0.000
201912 8.119 108.065 9.639
202003 6.514 108.550 7.699
202006 7.964 108.540 9.413
202009 8.434 108.441 9.978
202012 9.137 108.511 10.803
202103 9.880 109.522 11.573
202106 10.204 110.305 11.868
202109 10.366 111.543 11.923
202112 10.713 114.705 11.982
202203 10.471 118.620 11.325
202206 8.490 120.948 9.005
202209 0.000 124.120 0.000
202212 8.121 126.578 8.231
202303 8.418 126.528 8.535
202306 7.890 125.973 8.035
202309 7.406 127.083 7.476
202312 7.513 128.292 7.513
202403 7.440 128.292 7.440

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.


Quest for Growth NV  (XBRU:QFG) 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.


Quest for Growth NV Cyclically Adjusted PB Ratio Related Terms

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


Quest for Growth NV (XBRU:QFG) Business Description

Traded in Other Exchanges
N/A
Address
Lei 19 box 3, Leuven, BEL, B-3000
Quest for Growth NV is a closed-end private equity fund. Its mission is to invest in growth companies to realize capital gains that can be paid out to the shareholders without withholding tax being due. Quest for Growth invests in both quoted and unquoted growth companies. The company covers sectors such as life sciences, information technology, software, semiconductors, telecom, Health Care Equipment & Services, Electrical & Engineering, new materials and special situations in other growth sectors. The Company has three reportable segments: Investments in quoted equities, investments in venture and growth capital, and investments in venture and growth funds.

Quest for Growth NV (XBRU:QFG) Headlines

No Headlines