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Quad/Graphics (FRA:QGU) Cyclically Adjusted PB Ratio : 0.52 (As of May. 24, 2024)


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What is Quad/Graphics Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Quad/Graphics's current share price is €4.58. Quad/Graphics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €8.83. Quad/Graphics's Cyclically Adjusted PB Ratio for today is 0.52.

The historical rank and industry rank for Quad/Graphics's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:QGU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.29   Max: 0.86
Current: 0.51

During the past years, Quad/Graphics's highest Cyclically Adjusted PB Ratio was 0.86. The lowest was 0.11. And the median was 0.29.

FRA:QGU's Cyclically Adjusted PB Ratio is ranked better than
84.29% of 662 companies
in the Business Services industry
Industry Median: 1.58 vs FRA:QGU: 0.51

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.

Quad/Graphics's adjusted book value per share data for the three months ended in Mar. 2024 was €1.578. 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 €8.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Quad/Graphics Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Quad/Graphics'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.

Quad/Graphics Cyclically Adjusted PB Ratio Chart

Quad/Graphics 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 0.23 0.22 0.26 0.32 0.52

Quad/Graphics 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 0.35 0.32 0.45 0.52 0.55

Competitive Comparison of Quad/Graphics's Cyclically Adjusted PB Ratio

For the Specialty Business Services subindustry, Quad/Graphics'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.


Quad/Graphics's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Quad/Graphics's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Quad/Graphics 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.

Quad/Graphics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.58/8.83
=0.52

* 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.

Quad/Graphics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Quad/Graphics'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)
=1.578/131.7762*131.7762
=1.578

Current CPI (Mar. 2024) = 131.7762.

Quad/Graphics Quarterly Data

Book Value per Share CPI Adj_Book
201406 18.567 100.560 24.331
201409 19.418 100.428 25.479
201412 19.114 99.070 25.424
201503 20.419 99.621 27.010
201506 18.431 100.684 24.123
201509 8.098 100.392 10.630
201512 7.846 99.792 10.361
201603 7.480 100.470 9.811
201606 7.038 101.688 9.120
201609 6.979 101.861 9.029
201612 8.143 101.863 10.534
201703 8.284 102.862 10.613
201706 7.837 103.349 9.993
201709 7.548 104.136 9.551
201712 8.489 104.011 10.755
201803 8.151 105.290 10.201
201806 8.027 106.317 9.949
201809 8.217 106.507 10.167
201812 7.538 105.998 9.371
201903 6.746 107.251 8.289
201906 6.235 108.070 7.603
201909 3.842 108.329 4.674
201912 3.870 108.420 4.704
202003 3.003 108.902 3.634
202006 2.550 108.767 3.089
202009 2.590 109.815 3.108
202012 1.299 109.897 1.558
202103 1.419 111.754 1.673
202106 2.008 114.631 2.308
202109 2.253 115.734 2.565
202112 2.250 117.630 2.521
202203 2.242 121.301 2.436
202206 2.357 125.017 2.484
202209 2.639 125.227 2.777
202212 3.127 125.222 3.291
202303 2.687 127.348 2.780
202306 2.695 128.729 2.759
202309 2.604 129.860 2.642
202312 2.150 129.419 2.189
202403 1.578 131.776 1.578

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.


Quad/Graphics  (FRA:QGU) 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.


Quad/Graphics Cyclically Adjusted PB Ratio Related Terms

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


Quad/Graphics (FRA:QGU) Business Description

Traded in Other Exchanges
Address
N61 W23044 Harry's Way, Sussex, WI, USA, 53089-3995
Quad/Graphics Inc provides print and marketing services to help customers market their products, services, and contents. The company primarily operates in the commercial segment of the printing industry. It operates through three divisions. The United States print and related services segment consists of the company's American operations. Besides the complete set of print and marketing solutions, this segment also manufactures ink. The international segment includes the company's printing business in Europe and Latin America. The corporate segment is engaged in the general and administrative activities as well as associated costs. The company almost generates all its revenue from the American domestic market.

Quad/Graphics (FRA:QGU) Headlines

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