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Q2 Holdings (Q2 Holdings) Cyclically Adjusted Book per Share : $6.85 (As of Mar. 2024)


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What is Q2 Holdings Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Q2 Holdings's adjusted book value per share for the three months ended in Mar. 2024 was $7.737. 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 $6.85 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Q2 Holdings's average Cyclically Adjusted Book Growth Rate was 13.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-05-22), Q2 Holdings's current stock price is $61.66. Q2 Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $6.85. Q2 Holdings's Cyclically Adjusted PB Ratio of today is 9.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Q2 Holdings was 12.07. The lowest was 3.71. And the median was 5.71.


Q2 Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Q2 Holdings's Cyclically Adjusted Book per Share 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.

Q2 Holdings Cyclically Adjusted Book per Share Chart

Q2 Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 5.89 6.61

Q2 Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 6.03 6.13 6.40 6.61 6.85

Competitive Comparison of Q2 Holdings's Cyclically Adjusted Book per Share

For the Software - Application subindustry, Q2 Holdings'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.


Q2 Holdings's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Q2 Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Q2 Holdings's Cyclically Adjusted PB Ratio falls into.



Q2 Holdings Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Q2 Holdings'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)
=7.737/131.7762*131.7762
=7.737

Current CPI (Mar. 2024) = 131.7762.

Q2 Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.486 100.560 3.258
201409 2.377 100.428 3.119
201412 2.275 99.070 3.026
201503 2.937 99.621 3.885
201506 2.849 100.684 3.729
201509 3.187 100.392 4.183
201512 3.034 99.792 4.006
201603 2.852 100.470 3.741
201606 2.691 101.688 3.487
201609 2.555 101.861 3.305
201612 2.480 101.863 3.208
201703 2.452 102.862 3.141
201706 2.434 103.349 3.103
201709 2.464 104.136 3.118
201712 2.541 104.011 3.219
201803 3.652 105.290 4.571
201806 3.694 106.317 4.579
201809 3.692 106.507 4.568
201812 3.650 105.998 4.538
201903 3.454 107.251 4.244
201906 8.111 108.070 9.890
201909 7.937 108.329 9.655
201912 7.841 108.420 9.530
202003 7.371 108.902 8.919
202006 12.118 108.767 14.681
202009 11.829 109.815 14.195
202012 11.579 109.897 13.884
202103 11.247 111.754 13.262
202106 10.582 114.631 12.165
202109 10.239 115.734 11.658
202112 10.018 117.630 11.223
202203 7.800 121.301 8.474
202206 7.694 125.017 8.110
202209 7.482 125.227 7.873
202212 7.258 125.222 7.638
202303 7.545 127.348 7.807
202306 7.552 128.729 7.731
202309 7.522 129.860 7.633
202312 7.597 129.419 7.735
202403 7.737 131.776 7.737

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Q2 Holdings  (NYSE:QTWO) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Q2 Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=61.66/6.85
=9.00

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Q2 Holdings was 12.07. The lowest was 3.71. And the median was 5.71.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Q2 Holdings Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Q2 Holdings's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Q2 Holdings (Q2 Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Q2 Holdings Inc (NYSE:QTWO) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
10355 Pecan Park Boulevard, Austin, TX, USA, 78729
Q2 Holdings Inc. is a provider of cloud-based virtual banking solutions for regional financial institutions to deliver mobile banking services to retail and commercial end-users who wish to bank anywhere and anytime. Its solutions operate on an integrated tablet-first platform which provides financial institutions a comprehensive view of account holder activity and meets the regulatory and security requirements applicable to the industry. The firm generates revenue from subscription-based arrangements for software offerings, typically for five years. A large majority of the firm's revenue is generated in the United States.
Executives
John E Breeden officer: EVP, Operations 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Kirk L Coleman officer: Chief Banking Officer 10355 PECAN PARK BLVD, AUSITN TX 78729
Kim Rutledge officer: SVP, Human Resources 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
James Offerdahl director 11501 DOMAIN DRIVE, SUITE 200, AUSTIN TX 78758
Michael A. Volanoski officer: Chief Revenue Officer 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
David J Mehok officer: Chief Financial Officer 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
R. H. Seale director, 10 percent owner, officer: Chairman 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Michael S Kerr officer: SVP, General Counsel 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Jonathan Price officer: SVP, Corp and Business Dev 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Matthew P Flake director, officer: President and CEO 10355 PECAN PARK BOULEVARD CONTACT STREE, AUSTIN TX 78729
Barry G Benton officer: SVP, General Counsel 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Lynn Antipas Tyson director 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Rebecca Lynn Atchison director 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Adam D Anderson officer: EVP, Chief Technology Officer 13785 RESEARCH BLVD., SUITE 150, AUSTIN TX 78750
Bharath Oruganti officer: SVP, Service Delivery C/O SHORETEL, INC., 960 STEWART DRIVE, SUNNYVALE CA 94085