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Quad/Graphics (Quad/Graphics) Cyclically Adjusted PB Ratio : 0.44 (As of Apr. 27, 2024)


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What is Quad/Graphics Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Quad/Graphics's current share price is $4.52. Quad/Graphics's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $10.35. Quad/Graphics's Cyclically Adjusted PB Ratio for today is 0.44.

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

QUAD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.29   Max: 0.86
Current: 0.44

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.

QUAD's Cyclically Adjusted PB Ratio is ranked better than
87.15% of 646 companies
in the Business Services industry
Industry Median: 1.53 vs QUAD: 0.44

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 Dec. 2023 was $2.345. 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 $10.35 for the trailing ten years ended in Dec. 2023.

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
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.32 0.35 0.32 0.45 0.52

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
=4.52/10.35
=0.44

* 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 Dec. 2023 is calculated as:

For example, Quad/Graphics'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)
=2.345/129.4194*129.4194
=2.345

Current CPI (Dec. 2023) = 129.4194.

Quad/Graphics Quarterly Data

Book Value per Share CPI Adj_Book
201403 25.936 99.695 33.669
201406 25.227 100.560 32.467
201409 25.023 100.428 32.247
201412 23.569 99.070 30.789
201503 22.098 99.621 28.708
201506 20.685 100.684 26.589
201509 9.089 100.392 11.717
201512 8.546 99.792 11.083
201603 8.329 100.470 10.729
201606 7.908 101.688 10.065
201609 7.833 101.861 9.952
201612 8.589 101.863 10.913
201703 8.860 102.862 11.147
201706 8.806 103.349 11.027
201709 8.996 104.136 11.180
201712 10.046 104.011 12.500
201803 10.050 105.290 12.353
201806 9.377 106.317 11.415
201809 9.588 106.507 11.651
201812 8.576 105.998 10.471
201903 7.623 107.251 9.199
201906 7.045 108.070 8.437
201909 4.231 108.329 5.055
201912 4.300 108.420 5.133
202003 3.319 108.902 3.944
202006 2.872 108.767 3.417
202009 3.050 109.815 3.594
202012 1.581 109.897 1.862
202103 1.689 111.754 1.956
202106 2.419 114.631 2.731
202109 2.650 115.734 2.963
202112 2.543 117.630 2.798
202203 2.469 121.301 2.634
202206 2.492 125.017 2.580
202209 2.613 125.227 2.700
202212 3.312 125.222 3.423
202303 2.877 127.348 2.924
202306 2.920 128.729 2.936
202309 2.779 129.860 2.770
202312 2.345 129.419 2.345

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  (NYSE:QUAD) 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 (Quad/Graphics) 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.
Executives
Melanie Arlene Huet director 6655 PEACHTREE DUNWOODY ROAD, ATLANTA GA 30328
Robert H Quadracci officer: Chief Human Resources Officer C/O QUAD/GRAPHICS INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Anthony Staniak officer: Chief Financial Officer QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089-3995
Beth-ann Eason director C/O QUAD/GRAPHICS INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Dana B. Gruen officer: General Counsel & Corp Sec C/O QUAD/GRAPHICS INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Donald M Mckenna officer: EVP, Chief Administrative ofcr C/O QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Joshua J Golden officer: Chief Marketing Officer C/O QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
J Joel Quadracci director, officer: Chairman, Pres & CEO QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Julie A Currie officer: EVP and Chief Revenue Officer N61 W23044 HARRY'S WAY, SUSSEX WI 53089
John S Shiely director 770 NORTH WATER ST, MILWAUKEE WI 53202
Christopher B Harned director C/O THE CYPRESS GROUP, 65 EAST 55TH ST, 28TH FLOOR, NEW YORK NY 10022
Thomas J Frankowski officer: Chief Operating Officer QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Kelly A Vanderboom officer: EVP & Treasurer QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Jennifer J. Kent officer: EVP of Admin. & Gen. Counsel QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089-3995
David J Honan officer: EVP & CFO QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089