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Quest for Growth NV (XBRU:QFG) Cyclically Adjusted PB Ratio : 0.39 (As of Jul. 20, 2025)


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What is Quest for Growth NV Cyclically Adjusted PB Ratio?

As of today (2025-07-20), Quest for Growth NV's current share price is €4.231. Quest for Growth NV's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €10.75. Quest for Growth NV's Cyclically Adjusted PB Ratio for today is 0.39.

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: 0.36   Med: 0.6   Max: 1.05
Current: 0.39

During the past years, Quest for Growth NV's highest Cyclically Adjusted PB Ratio was 1.05. The lowest was 0.36. And the median was 0.60.

XBRU:QFG's Cyclically Adjusted PB Ratio is ranked better than
84.64% of 970 companies
in the Asset Management industry
Industry Median: 0.84 vs XBRU:QFG: 0.39

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 Dec. 2024 was €7.175. 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 €10.75 for the trailing ten years ended in Dec. 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 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.79 0.54 0.46 0.37

Quest for Growth NV Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.46 0.41 0.41 0.41 0.37

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.


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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
=4.231/10.75
=0.39

* 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 Dec. 2024 is calculated as:

For example, Quest for Growth NV's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=7.175/132.3456*132.3456
=7.175

Current CPI (Dec. 2024) = 132.3456.

Quest for Growth NV Quarterly Data

Book Value per Share CPI Adj_Book
201403 9.160 99.819 12.145
201406 9.216 99.482 12.260
201409 9.503 99.195 12.679
201412 8.890 99.086 11.874
201503 10.009 99.423 13.323
201506 0.000 100.107 0.000
201509 11.310 100.245 14.932
201512 11.958 100.572 15.736
201603 8.590 101.653 11.184
201606 8.668 102.267 11.217
201609 9.120 102.118 11.820
201612 8.905 102.614 11.485
201703 9.931 103.972 12.641
201706 10.365 103.902 13.202
201712 10.713 104.804 13.528
201812 7.121 107.252 8.787
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 9.943
202003 6.514 108.550 7.942
202006 7.964 108.540 9.711
202009 8.434 108.441 10.293
202012 9.137 108.511 11.144
202103 9.880 109.522 11.939
202106 10.204 110.305 12.243
202109 10.366 111.543 12.299
202112 10.713 114.705 12.361
202203 10.471 118.620 11.683
202206 8.491 120.948 9.291
202209 0.000 124.120 0.000
202212 8.121 126.578 8.491
202303 8.418 126.528 8.805
202306 7.889 125.973 8.288
202309 7.406 127.083 7.713
202312 7.513 128.292 7.750
202403 7.440 130.552 7.542
202406 7.412 130.691 7.506
202409 7.369 130.968 7.447
202412 7.175 132.346 7.175

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 Business Description

Traded in Other Exchanges
Address
Lei 19, PO Box 3, Leuven, BEL, B-3000
Quest for Growth NV is a closed-end investment company. The company is engaged in investing in growth companies to realize capital gains that can be paid out to the shareholders without withholding tax being due. The company covers sectors such as hardware, software, and semiconductors. The Company has three reportable segments: Investments in quoted equities, Direct investments in venture and growth capital, and Investments in venture and growth funds.

Quest for Growth NV Headlines

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