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Quarto Group (The) (LSE:QRT) Cyclically Adjusted PB Ratio : 0.97 (As of Apr. 29, 2024)


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What is Quarto Group (The) Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Quarto Group (The)'s current share price is £1.25. Quarto Group (The)'s Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 was £1.29. Quarto Group (The)'s Cyclically Adjusted PB Ratio for today is 0.97.

The historical rank and industry rank for Quarto Group (The)'s Cyclically Adjusted PB Ratio or its related term are showing as below:

LSE:QRT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 1.14   Max: 2.52
Current: 0.97

During the past 13 years, Quarto Group (The)'s highest Cyclically Adjusted PB Ratio was 2.52. The lowest was 0.38. And the median was 1.14.

LSE:QRT's Cyclically Adjusted PB Ratio is not ranked
in the Media - Diversified industry.
Industry Median: 1.11 vs LSE:QRT: 0.97

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.

Quarto Group (The)'s adjusted book value per share data of for the fiscal year that ended in Dec22 was £1.352. 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 £1.29 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Quarto Group (The) Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Quarto Group (The)'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.

Quarto Group (The) Cyclically Adjusted PB Ratio Chart

Quarto Group (The) Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.59 0.49 0.94 0.92

Quarto Group (The) Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 0.94 - 0.92 -

Competitive Comparison of Quarto Group (The)'s Cyclically Adjusted PB Ratio

For the Publishing subindustry, Quarto Group (The)'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.


Quarto Group (The)'s Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Quarto Group (The)'s Cyclically Adjusted PB Ratio falls into.



Quarto Group (The) 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.

Quarto Group (The)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.25/1.29
=0.97

* 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.

Quarto Group (The)'s Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Quarto Group (The)'s adjusted Book Value per Share data for the fiscal year that ended in Dec22 was:

Adj_Book=Book Value per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=1.352/125.3000*125.3000
=1.352

Current CPI (Dec22) = 125.3000.

Quarto Group (The) Annual Data

Book Value per Share CPI Adj_Book
201312 1.213 99.200 1.532
201412 1.412 99.900 1.771
201512 1.556 100.400 1.942
201612 1.460 102.200 1.790
201712 0.727 105.000 0.868
201812 0.661 107.100 0.773
201912 0.747 108.500 0.863
202012 0.795 109.400 0.911
202112 0.979 114.700 1.069
202212 1.352 125.300 1.352

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.


Quarto Group (The)  (LSE:QRT) 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.


Quarto Group (The) Cyclically Adjusted PB Ratio Related Terms

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Quarto Group (The) (LSE:QRT) Business Description

Traded in Other Exchanges
N/A
Address
1 Triptych Place, 2nd Floor, London, GBR, SE1 9SH
Quarto Group (The) Inc is an American book publisher. Its genre of books ranges from inspirational, educational, and creative for entertainment. With a hoard of titles themed on cookery, children's amusement, history, animal kingdom, movies, self-help, art, travel, and leisure, Quarto caters to all segments of society. Its publishing businesses comprise two divisions: US Publishing, and UK Publishing. The company's geographical segments are the United States of America, the United Kingdom, Europe, and Rest of the World, out of which the majority of the revenue is generated from the United States of America.

Quarto Group (The) (LSE:QRT) Headlines

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