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Quantum (FRA:QNT2) Cyclically Adjusted PB Ratio : (As of Jun. 10, 2024)


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What is Quantum Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Quantum Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Quantum'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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Quantum Cyclically Adjusted PB Ratio Chart

Quantum Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
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Quantum Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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Competitive Comparison of Quantum's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Quantum'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.


Quantum's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Quantum 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.

Quantum's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, Quantum's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book=Book Value per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=-0.927/128.7287*128.7287
=-0.927

Current CPI (Jun. 2023) = 128.7287.

Quantum Quarterly Data

Book Value per Share CPI Adj_Book
201309 -1.950 98.790 -2.541
201312 -1.873 98.326 -2.452
201403 -2.019 99.695 -2.607
201406 -2.080 100.560 -2.663
201409 -2.095 100.428 -2.685
201412 -1.941 99.070 -2.522
201503 -1.730 99.621 -2.235
201506 -1.873 100.684 -2.395
201509 -2.119 100.392 -2.717
201512 -2.137 99.792 -2.757
201603 -3.397 100.470 -4.352
201606 -3.448 101.688 -4.365
201609 -3.244 101.861 -4.100
201612 -3.260 101.863 -4.120
201703 -3.184 102.862 -3.985
201706 -3.080 103.349 -3.836
201709 -3.009 104.136 -3.720
201712 0.000 104.011 0.000
201803 -4.049 105.290 -4.950
201806 0.000 106.317 0.000
201809 -4.860 106.507 -5.874
201812 -4.852 105.998 -5.892
201903 -4.906 107.251 -5.888
201906 -4.972 108.070 -5.922
201909 -5.023 108.329 -5.969
201912 -4.414 108.420 -5.241
202003 -4.502 108.902 -5.322
202006 -4.350 108.767 -5.148
202009 -4.090 109.815 -4.794
202012 -3.837 109.897 -4.495
202103 -1.657 111.754 -1.909
202106 -1.636 114.631 -1.837
202109 -1.663 115.734 -1.850
202112 -1.817 117.630 -1.988
202203 -1.903 121.301 -2.020
202206 -0.718 125.017 -0.739
202209 -0.870 125.227 -0.894
202212 -0.781 125.222 -0.803
202303 -0.867 127.348 -0.876
202306 -0.927 128.729 -0.927

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.


Quantum  (FRA:QNT2) 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.


Quantum Cyclically Adjusted PB Ratio Related Terms

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Quantum (FRA:QNT2) Business Description

Industry
Traded in Other Exchanges
Address
224 Airport Parkway, Suite 550, San Jose, CA, USA, 95110
Quantum Corp is a United States-based company engaged in providing scale-out storage, archive, and data protection for small businesses and large multinational enterprises. Its solutions capture, share, manage and preserve digital assets throughout the data lifecycle. The scale-out portfolio offerings enable customers to manage large unstructured data sets, provide ingest capabilities, real-time collaboration, scalability, and protection. It derives primary revenues from the products based on tape technology. A majority of the firm's revenue is generated in the Americas, with the rest coming from Europe and Asia-Pacific.

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