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QuinStreet (QuinStreet) Cyclically Adjusted Book per Share : $4.61 (As of Mar. 2024)


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What is QuinStreet 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.

QuinStreet's adjusted book value per share for the three months ended in Mar. 2024 was $3.889. 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 $4.61 for the trailing ten years ended in Mar. 2024.

During the past 12 months, QuinStreet's average Cyclically Adjusted Book Growth Rate was -6.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.90% 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 QuinStreet was -0.10% per year. The lowest was -1.70% per year. And the median was -0.60% per year.

As of today (2024-05-15), QuinStreet's current stock price is $17.44. QuinStreet's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $4.61. QuinStreet's Cyclically Adjusted PB Ratio of today is 3.78.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of QuinStreet was 4.92. The lowest was 1.26. And the median was 2.73.


QuinStreet Cyclically Adjusted Book per Share Historical Data

The historical data trend for QuinStreet'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.

QuinStreet Cyclically Adjusted Book per Share Chart

QuinStreet Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.11 5.12 5.07 5.09 4.86

QuinStreet 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 4.91 4.86 4.79 4.69 4.61

Competitive Comparison of QuinStreet's Cyclically Adjusted Book per Share

For the Advertising Agencies subindustry, QuinStreet'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.


QuinStreet's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, QuinStreet's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



QuinStreet 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, QuinStreet'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)
=3.889/129.4194*129.4194
=3.889

Current CPI (Mar. 2024) = 129.4194.

QuinStreet Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.297 100.560 4.243
201409 3.198 100.428 4.121
201412 3.121 99.070 4.077
201503 3.097 99.621 4.023
201506 3.039 100.684 3.906
201509 2.904 100.392 3.744
201512 2.799 99.792 3.630
201603 2.769 100.470 3.567
201606 2.738 101.688 3.485
201609 2.699 101.861 3.429
201612 2.557 101.863 3.249
201703 2.599 102.862 3.270
201706 2.599 103.349 3.255
201709 2.650 104.136 3.293
201712 2.702 104.011 3.362
201803 2.845 105.290 3.497
201806 3.081 106.317 3.751
201809 3.114 106.507 3.784
201812 4.244 105.998 5.182
201903 4.281 107.251 5.166
201906 4.411 108.070 5.282
201909 4.463 108.329 5.332
201912 4.529 108.420 5.406
202003 4.798 108.902 5.702
202006 4.902 108.767 5.833
202009 5.178 109.815 6.102
202012 5.246 109.897 6.178
202103 5.382 111.754 6.233
202106 5.487 114.631 6.195
202109 5.529 115.734 6.183
202112 5.475 117.630 6.024
202203 5.506 121.301 5.875
202206 5.360 125.017 5.549
202209 5.290 125.227 5.467
202212 5.200 125.222 5.374
202303 5.258 127.348 5.344
202306 4.240 128.729 4.263
202309 4.068 129.860 4.054
202312 3.922 129.419 3.922
202403 3.889 129.419 3.889

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


QuinStreet  (NAS:QNST) 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.

QuinStreet's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17.44/4.61
=3.78

* 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 QuinStreet was 4.92. The lowest was 1.26. And the median was 2.73.


Be Aware

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


QuinStreet Cyclically Adjusted Book per Share Related Terms

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


QuinStreet (QuinStreet) Business Description

Traded in Other Exchanges
Address
950 Tower Lane, 6th Floor, Foster City, CA, USA, 94404
QuinStreet Inc focuses on serving clients in large, information-intensive industries, where the company has pioneered a broad range of Internet marketing tools. QuintStreet aims to partner with search engine companies by helping build websites with flexible content and offerings that are customizable according to the user base. It generates revenue by delivering measurable online marketing results to the clients. Its product offerings comprise a full range of performance marketing products: Clicks, Inquiries, Calls, Applications, and Full Customer Acquisitions.
Executives
Gregory Wong officer: CFO 950 TOWER LANE, 6TH FLOOR, FOSTER CITY CA 94404
Douglas Valenti director, 10 percent owner, officer: Chief Executive Officer C/O QUINSTREET, INC., 1051 EAST HILLSDALE BLVD., FOSTER CITY CA 94404
Asmau Ahmed director 315 RIVERSIDE DRIVE 1B, NEW YORK NY 10025
Hillary B Smith director C/O YEXT, INC, 61 NINTH AVENUE, NEW YORK NY 10011
David J Pauldine director 300 SIXTH AVE, 8TH FLOOR, PITTSBURGH PA 75222
James R. Simons director C/O SPLIT ROCK PARTNERS, 10400 VIKING DRIVE, SUITE 250, EDEN PRAIRIE MN 55344
Robin Josephs director
Anna Liao Fieler director 2036 STERLING AVE, MENLO PARK CA 94025
Andrew T Sheehan director 755 PAGE MILL ROAD, SUITE A-200, PALO ALTO CA 94304-1005
Gregory P Sands director 755 PAGE MILL ROAD, SUITE A-200, PALO ALTO CA 94304-1005
John G Mcdonald director 601 UNION STREET, SUITE 3100, SEATTLE WA 98101-1374
Nina Bhanap officer: Chief Technology Officer C/O QUINSTREET, INC., 1051 EAST HILLSDALE BLVD., FOSTER CITY CA 94404
Matthew Glickman director 159 MELVILLE AVENUE, PALO ALTO CA 94301
Martin J Collins officer: SVP & General Counsel 4000 NORTH FIRST STREET, SAN JOSE CA 95134
Stuart Huizinga director 440 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043