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QCR Holdings (QCR Holdings) Cyclically Adjusted Book per Share : $36.07 (As of Dec. 2023)


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What is QCR Holdings Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

QCR Holdings's adjusted book value per share for the three months ended in Dec. 2023 was $52.933. 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 $36.07 for the trailing ten years ended in Dec. 2023.

During the past 12 months, QCR Holdings's average Cyclically Adjusted Book Growth Rate was 8.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of QCR Holdings was 17.20% per year. The lowest was 2.70% per year. And the median was 6.85% per year.

As of today (2024-04-28), QCR Holdings's current stock price is $56.21. QCR Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $36.07. QCR Holdings's Cyclically Adjusted PB Ratio of today is 1.56.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of QCR Holdings was 2.03. The lowest was 0.68. And the median was 1.37.


QCR Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for QCR Holdings's Cyclically Adjusted Book per Share 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.

QCR Holdings Cyclically Adjusted Book per Share Chart

QCR Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.35 27.92 30.48 33.17 36.07

QCR Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 34.00 34.78 35.49 36.07 -

Competitive Comparison of QCR Holdings's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, QCR Holdings'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.


QCR Holdings's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, QCR Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



QCR Holdings Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, QCR Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=52.933/129.4194*129.4194
=52.933

Current CPI (Dec. 2023) = 129.4194.

QCR Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 17.852 99.695 23.175
201406 16.982 100.560 21.856
201409 17.410 100.428 22.436
201412 18.116 99.070 23.666
201503 18.894 99.621 24.546
201506 18.096 100.684 23.261
201509 18.852 100.392 24.303
201512 19.206 99.792 24.908
201603 19.902 100.470 25.636
201606 21.070 101.688 26.816
201609 21.480 101.861 27.291
201612 21.824 101.863 27.728
201703 22.478 102.862 28.281
201706 23.156 103.349 28.997
201709 23.711 104.136 29.468
201712 25.383 104.011 31.584
201803 25.861 105.290 31.788
201806 26.448 106.317 32.195
201809 29.182 106.507 35.460
201812 30.101 105.998 36.752
201903 30.999 107.251 37.407
201906 31.973 108.070 38.289
201909 32.915 108.329 39.323
201912 33.823 108.420 40.374
202003 34.180 108.902 40.620
202006 35.212 108.767 41.898
202009 36.259 109.815 42.732
202012 37.568 109.897 44.242
202103 38.420 111.754 44.493
202106 39.996 114.631 45.156
202109 41.680 115.734 46.608
202112 43.361 117.630 47.707
202203 42.872 121.301 45.741
202206 43.549 125.017 45.083
202209 43.651 125.227 45.113
202212 46.007 125.222 47.549
202303 47.954 127.348 48.734
202306 49.222 128.729 49.486
202309 49.510 129.860 49.342
202312 52.933 129.419 52.933

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


QCR Holdings  (NAS:QCRH) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

QCR Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=56.21/36.07
=1.56

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of QCR Holdings was 2.03. The lowest was 0.68. And the median was 1.37.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


QCR Holdings Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of QCR Holdings's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


QCR Holdings (QCR Holdings) Business Description

Industry
Traded in Other Exchanges
Address
3551 7th Street, Moline, IL, USA, 61265
QCR Holdings Inc is a multi-bank holding company. The bank operates through segments namely Commercial Banking, Wealth Management, and all other segments. The commercial bank segment is geographically divided by markets namely QCBT, CRBT, CSB, and SFCB. It generates revenue in the form of interest.
Executives
Marie Z. Ziegler director 2252 SAINT ANDREWS CIRCLE, BETTENDORF IA 52722
Larry J Helling director
Nick W Anderson officer: SVP, Chief Accounting Officer 21428 71ST AVE N, PORT BYRON IL 61275
Nicole A Lee officer: EVP, Chief HR Officer 2397 WRIGHT BROTHERS BLVD E, CEDAR RAPIDS IA 52404
Reba K Winter officer: EVP, COO 3402 RIVER RIDGE CT NE, CEDAR RAPIDS IA 52402
Elizabeth S Jacobs director 2812 DRUID HILL DRIVE, DES MOINES IA 50315
James M. Field director DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
John F Griesemer director 4024 E WINDSONG, SPRINGFIELD MO 65809
Mary Kay Bates director PO BOX 349, OKOBOJI IA 51355
Brent R Cobb director 3106 RIMROCK CT NE, CEDAR RAPIDS IA 52402
Todd A Gipple officer: Exec VP/CFO 3551 7TH ST, STE 204, MOLINE IL 61265
John H Anderson officer: President, QCBT 2315 FAIRHAVEN RD, DAVENPORT IA 52803
Monte C Mcnew officer: President & CEO, SFC 3825 E. CYPRESS POINT, SPRINGFIELD MO 65802
Dana L Nichols officer: EVP, Chief Credit Officer 2410 BEVER AVENUE SE, CEDAR RAPIDS IA 52403
Anne E Howard officer: SVP, Dir Of Human Resources 5107 GREYSTONE DRIVE, BETTENDORF IA 52722

QCR Holdings (QCR Holdings) Headlines