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QDM International (QDM International) Cyclically Adjusted PB Ratio : (As of Jun. 01, 2024)


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What is QDM International Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


QDM International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for QDM International'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.

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QDM International Cyclically Adjusted PB Ratio Chart

QDM International Annual Data
Trend Dec12 Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
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QDM International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of QDM International's Cyclically Adjusted PB Ratio

For the Insurance Brokers subindustry, QDM International'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.


QDM International's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, QDM International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



QDM International 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.

QDM International's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, QDM International'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)
=0.011/117.2957*117.2957
=0.011

Current CPI (Dec. 2023) = 117.2957.

QDM International Quarterly Data

Book Value per Share CPI Adj_Book
201206 -5.424 89.373 -7.119
201209 -4.191 87.834 -5.597
201212 -6.016 91.132 -7.743
201303 -8.608 92.122 -10.960
201306 -5.046 93.001 -6.364
201309 -6.446 91.902 -8.227
201312 -6.777 95.090 -8.360
201403 -7.232 95.749 -8.859
201406 -6.446 96.409 -7.843
201409 -6.333 97.948 -7.584
201412 -6.691 99.707 -7.871
201503 -6.259 99.927 -7.347
201506 -5.882 99.267 -6.950
201509 -6.900 99.927 -8.099
201612 0.306 103.225 0.348
201712 -0.631 104.984 -0.705
201803 -0.260 105.973 -0.288
201806 -0.367 106.193 -0.405
201809 -0.253 106.852 -0.278
201812 -0.271 107.622 -0.295
201903 -0.736 108.172 -0.798
201906 -1.372 109.601 -1.468
201909 -1.673 110.260 -1.780
201912 -1.917 110.700 -2.031
202003 -0.027 110.920 -0.029
202006 -0.114 110.590 -0.121
202009 -0.140 107.512 -0.153
202012 -0.669 109.711 -0.715
202103 -0.735 111.579 -0.773
202106 -0.199 111.360 -0.210
202109 -0.236 109.051 -0.254
202112 -0.208 112.349 -0.217
202203 -0.322 113.558 -0.333
202206 -0.367 113.448 -0.379
202209 -0.329 113.778 -0.339
202212 -0.364 114.548 -0.373
202303 0.006 115.427 0.006
202306 0.009 115.647 0.009
202309 0.010 116.087 0.010
202312 0.011 117.296 0.011

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.


QDM International  (OTCPK:QDMI) 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.


QDM International Cyclically Adjusted PB Ratio Related Terms

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QDM International (QDM International) Business Description

Traded in Other Exchanges
N/A
Address
5 Canton Road, Room 1030B, 10/F, Ocean Centre, Harbour City, Tsim Sha Tsui, Hong Kong, HKG, 200051
QDM International Inc is an insurance brokerage company operating in Hong Kong. The company sells a wide range of insurance products, consisting of two main categories: life and medical insurance, such as individual life insurance; and general insurance, such as automobile insurance, commercial property insurance, liability insurance, and homeowner insurance. In addition, as a Mandatory Provident Fund Intermediary, it also provides customers with assistance on account opening and related services under the MPF and the Occupational Retirement Schemes Ordinance schemes, both of which are mandatory retirement protection schemes set up for employees who are Hong Kong residents.
Executives
Timothy John Miles director PO BOX 30, DUNDEE MI 48131
Huihe Zheng director, 10 percent owner, officer: Chairman, CEO, and President T2-702 SOHO TIANSHAN SQUARE,, 1717 TIANSHAN ROAD, CHANGNING DISTRICT, SHANGHAI F4 200051
Huili Shen director, officer: Secretary ROOM 707 SOHO T2 TIANSHAN PLAZA, SHANGHAI F4 200051
Robert Brooks 10 percent owner 9 PROSPECT AVENUE, PORT WASHINGTON NY 11050
Kenneth J Scott director 2156 HURON TRAIL, MAITLAND FL 32751
Brian C Rosenbloom director, 10 percent owner
Timothy B Shannon director, officer: CEO/CFO 4279 BURNWOOD TRAIL, DENVER CO 28037

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