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Quest Patent Research (Quest Patent Research) Cyclically Adjusted PB Ratio : (As of Jun. 10, 2024)


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What is Quest Patent Research Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Quest Patent Research Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Quest Patent Research'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 Patent Research Cyclically Adjusted PB Ratio Chart

Quest Patent Research Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Quest Patent Research Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Quest Patent Research's Cyclically Adjusted PB Ratio

For the Consulting Services subindustry, Quest Patent Research'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 Patent Research's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Quest Patent Research's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Quest Patent Research 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 Patent Research's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Quest Patent Research'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)
=-1.249/131.7762*131.7762
=-1.249

Current CPI (Mar. 2024) = 131.7762.

Quest Patent Research Quarterly Data

Book Value per Share CPI Adj_Book
201406 -1.951 100.560 -2.557
201409 -1.976 100.428 -2.593
201412 -0.153 99.070 -0.204
201503 -0.139 99.621 -0.184
201506 -0.165 100.684 -0.216
201509 -0.182 100.392 -0.239
201512 -0.058 99.792 -0.077
201603 -0.177 100.470 -0.232
201606 -0.315 101.688 -0.408
201609 -0.317 101.861 -0.410
201612 -0.428 101.863 -0.554
201703 -0.512 102.862 -0.656
201706 -0.610 103.349 -0.778
201709 -0.654 104.136 -0.828
201712 -0.634 104.011 -0.803
201803 -0.753 105.290 -0.942
201806 -0.851 106.317 -1.055
201809 -0.966 106.507 -1.195
201812 -1.186 105.998 -1.474
201903 -1.326 107.251 -1.629
201906 -1.457 108.070 -1.777
201909 -1.494 108.329 -1.817
201912 -1.527 108.420 -1.856
202003 -1.705 108.902 -2.063
202006 -1.802 108.767 -2.183
202009 -1.706 109.815 -2.047
202012 -1.786 109.897 -2.142
202103 -1.750 111.754 -2.064
202106 -1.825 114.631 -2.098
202109 -1.651 115.734 -1.880
202112 -1.486 117.630 -1.665
202203 -1.509 121.301 -1.639
202206 -1.546 125.017 -1.630
202209 -1.521 125.227 -1.601
202212 -1.606 125.222 -1.690
202303 -1.779 127.348 -1.841
202306 -1.996 128.729 -2.043
202309 -2.151 129.860 -2.183
202312 -1.170 129.419 -1.191
202403 -1.249 131.776 -1.249

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 Patent Research  (OTCPK:QPRC) 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 Patent Research Cyclically Adjusted PB Ratio Related Terms

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


Quest Patent Research (Quest Patent Research) Business Description

Traded in Other Exchanges
N/A
Address
411 Theodore Fremd Avenue, Suite 206S, Rye, NY, USA, 10580-1411
Quest Patent Research Corp is an intellectual property asset management company. The company is engaged in the development, acquisition, licensing and enforcement of intellectual property rights. Its intellectual property portfolios consist of mobile data, online marketing, sweepstakes, promotions, and rewards, flexible packaging, universal financial data system, rich media, anchor structure portfolio, power management/bus control portfolio, and diode on-chip portfolio. The company has two segments namely intellectual property licensing and licensed packaging sales. It generates revenue from patent licensing fees, management fees, and licensed packaging sales.
Executives
Timothy J Scahill director 472 WHITING ROAD, WEBSTER NY 14580
William Ryall Carroll director 242 WEST 104TH ST, APT 6ER, NEW YORK NY 10025
Robert Christopher Paladino director 7811 VALENCIA COURT, NAPLES FL 34113
Jon Charles Scahill director, officer: President & COO 24 GREENHAVEN RD., RYE NY 10580-1018