T. Rowe Price QM Global Equity Fund
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
8.084.224.912.693.947.47-37.726.33-11.988.0410.343.94
Price/Sales ratio
0.390.380.380.490.440.570.801.040.780.930.000.57
Price/Book Value ratio
0.580.450.510.560.410.560.710.840.961.101.320.41
Price/Cash Flow ratio
1.661.571.652.081.752.132.683.342.942.983.541.75
Price/Free Cash Flow ratio
5.263.553.974.813.423.574.075.317.615.580.003.57
Price/Earnings Growth ratio
-0.120.04-0.430.02-0.09-0.220.30-0.000.08-0.02-0.04-0.09
Dividend Yield
18.33%18.08%18.48%15.18%N/A14.33%12.91%10.72%10.43%7.12%1.15%14.33%
Profitability Indicator Ratios
Gross Profit Margin
55.18%54.32%52.87%51.53%53.48%53.56%54.10%54.93%57.88%59.05%59.33%53.48%
Operating Profit Margin
11.41%17.16%15.20%14.94%18.51%15.31%17.07%25.93%23.47%21.37%21.53%18.51%
Pretax Profit Margin
7.81%14.09%12.09%9.42%14.56%10.19%-0.24%21.76%-2.56%16.21%15.49%14.56%
Net Profit Margin
4.86%9.09%7.92%18.34%11.34%7.67%-2.14%16.54%-6.52%11.59%10.96%7.67%
Effective Tax Rate
34.94%33.85%32.70%97.15%19.78%18.91%-329.94%18.49%-122.17%21.28%21.26%19.78%
Return on Assets
2.17%3.31%3.21%6.63%3.64%2.51%-0.58%4.01%-1.95%3.48%3.35%2.51%
Return On Equity
7.18%10.87%10.53%20.90%10.52%7.54%-1.89%13.32%-8.08%13.73%12.97%10.52%
Return on Capital Employed
5.82%7.10%7.05%6.61%6.76%5.74%5.28%7.80%8.17%7.35%7.42%6.76%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0.67N/A
Quick Ratio
0.840.660.710.940.750.750.761.570.530.670.630.75
Cash ratio
0.230.100.110.620.080.170.150.180.060.130.070.17
Days of Sales Outstanding
40.0341.1037.4237.5659.2448.8456.8240.5643.5541.2539.4048.84
Days of Inventory outstanding
11.8821.959.6410.4312.7312.4220.5420.0922.4115.8515.6012.73
Operating Cycle
51.9163.0647.0647.9971.9761.2677.3660.6565.9757.1055.0061.26
Days of Payables Outstanding
92.13114.58104.15114.64124.17128.57176.99178.31223.25198.86172.55124.17
Cash Conversion Cycle
-40.21-51.52-57.08-66.64-52.19-67.30-99.63-117.66-157.28-141.75-117.55-67.30
Debt Ratios
Debt Ratio
0.260.300.290.280.310.330.340.350.380.380.390.31
Debt Equity Ratio
0.860.990.950.900.901.001.101.181.581.531.490.90
Long-term Debt to Capitalization
0.460.490.480.470.470.480.520.500.600.590.570.47
Total Debt to Capitalization
0.460.490.480.470.470.500.520.540.610.600.590.47
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Flow to Debt Ratio
0.400.290.320.290.260.260.240.210.200.240.250.26
Company Equity Multiplier
3.303.283.273.152.882.993.253.314.133.943.822.88
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.230.240.230.230.250.260.300.310.260.310.320.25
Free Cash Flow / Operating Cash Flow Ratio
0.310.440.410.430.510.590.650.620.380.530.550.51
Cash Flow Coverage Ratio
0.400.290.320.290.260.260.240.210.200.240.250.26
Short Term Coverage Ratio
N/AN/AN/AN/AN/A4.1613.141.634.314.123.214.16
Dividend Payout Ratio
148.27%76.43%90.91%40.87%N/A107.10%-487.16%67.96%-125.06%57.32%60.81%107.10%