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Qurate Retail (Qurate Retail) Cyclically Adjusted PB Ratio : 0.08 (As of Apr. 27, 2024)


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What is Qurate Retail Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Qurate Retail's current share price is $0.9011. Qurate Retail's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $11.55. Qurate Retail's Cyclically Adjusted PB Ratio for today is 0.08.

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

QRTEA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.92   Max: 2.23
Current: 0.08

During the past years, Qurate Retail's highest Cyclically Adjusted PB Ratio was 2.23. The lowest was 0.04. And the median was 0.92.

QRTEA's Cyclically Adjusted PB Ratio is ranked better than
96.37% of 717 companies
in the Retail - Cyclical industry
Industry Median: 1.16 vs QRTEA: 0.08

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.

Qurate Retail's adjusted book value per share data for the three months ended in Dec. 2023 was $0.983. 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 $11.55 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Qurate Retail Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Qurate Retail'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.

Qurate Retail Cyclically Adjusted PB Ratio Chart

Qurate Retail 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 0.64 0.85 0.59 0.13 0.08

Qurate Retail 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 0.13 0.08 0.08 0.05 0.08

Competitive Comparison of Qurate Retail's Cyclically Adjusted PB Ratio

For the Internet Retail subindustry, Qurate Retail'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.


Qurate Retail's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Qurate Retail's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Qurate Retail 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.

Qurate Retail's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.9011/11.55
=0.08

* 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.

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

For example, Qurate Retail'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)
=0.983/129.4194*129.4194
=0.983

Current CPI (Dec. 2023) = 129.4194.

Qurate Retail Quarterly Data

Book Value per Share CPI Adj_Book
201403 12.773 99.695 16.581
201406 12.717 100.560 16.367
201409 12.413 100.428 15.996
201412 8.985 99.070 11.738
201503 8.929 99.621 11.600
201506 8.881 100.684 11.416
201509 9.028 100.392 11.638
201512 10.589 99.792 13.733
201603 10.571 100.470 13.617
201606 10.634 101.688 13.534
201609 10.597 101.861 13.464
201612 10.603 101.863 13.471
201703 10.712 102.862 13.478
201706 11.094 103.349 13.893
201709 11.120 104.136 13.820
201712 20.863 104.011 25.960
201803 12.393 105.290 15.233
201806 12.332 106.317 15.012
201809 12.373 106.507 15.035
201812 12.807 105.998 15.637
201903 12.692 107.251 15.315
201906 13.045 108.070 15.622
201909 11.166 108.329 13.340
201912 11.635 108.420 13.889
202003 11.931 108.902 14.179
202006 12.371 108.767 14.720
202009 8.576 109.815 10.107
202012 8.743 109.897 10.296
202103 8.834 111.754 10.230
202106 9.183 114.631 10.368
202109 9.430 115.734 10.545
202112 7.514 117.630 8.267
202203 7.542 121.301 8.047
202206 8.040 125.017 8.323
202209 0.615 125.227 0.636
202212 1.076 125.222 1.112
202303 1.487 127.348 1.511
202306 1.597 128.729 1.606
202309 1.516 129.860 1.511
202312 0.983 129.419 0.983

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.


Qurate Retail  (NAS:QRTEA) 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.


Qurate Retail Cyclically Adjusted PB Ratio Related Terms

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


Qurate Retail (Qurate Retail) Business Description

Traded in Other Exchanges
Address
12300 Liberty Boulevard, Englewood, CO, USA, 80112
Qurate Retail Inc, through its subsidiaries, is engaged in the video and online commerce industries. Its segments include QxH, which includes QVC U.S. and HSN market and sell a wide variety of consumer products in the United States, primarily using their televised shopping programs and via the Internet through their websites and mobile applications; QVC International segment markets and sells a wide variety of consumer products in several foreign countries, primarily using its televised shopping programs and via the Internet through its international websites and mobile applications; and Zulily markets and sells a wide variety of consumer products in the United States and several foreign countries. Its geographical segments include the U.S, Japan, Germany, and Other countries.
Executives
Brian J Wendling officer: CAO/PFO 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Renee L Wilm officer: Chief Legal Officer 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Albert E Rosenthaler officer: Senior Vice President 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
David Rawlinson officer: President/CEO-Elect C/O NIELSEN HOLDINGS PLC, 85 BROAD ST, NEW YORK NY 10004
Michael A George director
John C Malone director, 10 percent owner, officer: Chairman of the Board 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Andrea L Wong director 12300 LIBERTY BLVD., ENGLEWOOD CO 80112
David E Rapley director 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Gregory B Maffei director, officer: Chief Executive Officer 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Mark C Vadon director 705 FIFTH AVE S STE 900, SEATTLE WA 98104
Fiona P Dias director
Gilchrist Malcolm Ian Grant director 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Richard N Baer officer: SVP, General Counsel
Richard N Barton director C/O IAC, 152 WEST 57TH STREET, NEW YORK NY 10019
Mark D Carleton officer: Chief Financial Officer 12300 LIBERTY BLVD., ENGLEWOOD CO 80112