<p><strong>Quad/Graphics, Inc.</strong> (紐約證券交易所代碼:QUAD) 的股東無疑會對過去一個月股價上漲 26% 感到滿意，儘管它仍在努力彌補最近失去的地盤。不幸的是，過去一個月的漲幅對去年損失的彌補作用不大，股票在此期間仍下跌了 15%。</p>
<p>儘管股價大幅反彈，Quad/Graphics 的市銷率（&#34;P/S&#34;）為 0.1 倍，與美國商業服務行業相比，可能仍然看起來像是一個買入機會，因為該行業大約一半的公司市銷率超過 1.2 倍，甚至市銷率超過 4 倍的情況也相當普遍。然而，市銷率可能低是有原因的，需要進一步調查以確定其合理性。</p>
<p>我們發現 21 只美國股票預計明年將支付超過 6% 的股息收益率。查看完整列表，免費獲取。</p>
<p>查看我們對 Quad/Graphics 的最新分析</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/126362-ps-multiple-vs-industry-1-dark-2/1766138800669?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/126362-ps-multiple-vs-industry-1-dark-2/1766138800669"/></p>
<p>紐約證券交易所:QUAD 市銷率與行業對比 2025 年 12 月 19 日</p>
<h3>Quad/Graphics 最近的表現如何？</h3>
<p>Quad/Graphics 最近的表現不佳，其收入下降與其他公司相比顯得尤為糟糕，後者的收入平均有所增長。市銷率可能較低是因為投資者認為這種糟糕的收入表現不會有所改善。因此，儘管可以説該股票便宜，但投資者會在看到改善之前不會認為其具有良好的價值。</p>
<p>如果您想了解分析師對未來的預測，您應該查看我們關於 Quad/Graphics 的 <strong>免費</strong> 報告。</p>
<h2>收入預測是否與低市銷率相匹配？</h2>
<p>有一個內在假設，即公司應該低於行業表現，才能使像 Quad/Graphics 這樣的市銷率被認為是合理的。</p>
<p>首先回顧一下，公司的收入增長去年並不令人興奮，出現了令人失望的 9.2% 的下降。過去三年也不太好，公司總共縮減了 22% 的收入。因此，股東對中期收入增長率感到沮喪。</p>
<p>展望未來，根據跟蹤該公司的兩位分析師的預測，預計收入將在未來一年內下降 4.9%。當行業其他公司預計增長 5.5% 時，這並不好。</p>
<p>考慮到這一點，我們發現 Quad/Graphics 的市銷率與其行業同行非常接近。然而，收入的萎縮不太可能在長期內導致穩定的市銷率。即使只是維持這些價格也可能很難實現，因為疲軟的前景正在壓制股價。</p>
<h2>關鍵結論</h2>
<p>最新的股價飆升不足以將 Quad/Graphics 的市銷率拉近行業中位數。有人認為市銷率在某些行業中是一個較差的價值衡量標準，但它可以是一個強有力的商業情緒指標。</p>
<p>正如我們所懷疑的，我們對 Quad/Graphics 的分析師預測的審查顯示，其收入萎縮的前景正在導致其低市銷率。目前，股東接受低市銷率，因為他們承認未來的收入可能不會帶來任何令人愉快的驚喜。除非有實質性變化，否則很難想象股價會大幅上漲的情況。</p>
<p>還值得注意的是，我們發現了 <strong>Quad/Graphics 的 3 個警告信號</strong>（其中 1 個令人擔憂！），您需要考慮這些因素。</p>
<p>當然，<strong>盈利能力強且有良好盈利增長曆史的公司通常是更安全的投資</strong>。因此，您可能希望查看這份 <strong>免費</strong> 的其他公司集合，這些公司具有合理的市盈率並且盈利增長強勁。</p>
<p>國防和災難的移動基礎設施</p>
<p>下一波機器人技術不是類人型的。它是完全自主的塔，在 30 分鐘內提供 5G、ISR 和雷達，隨時隨地。</p>
<p>在下一輪合同之前獲取投資者簡報</p>
<p>由 CiTech 贊助</p>

QUAD

<p>Quad/Graphics, Inc.（紐約證券交易所代碼：QUAD）的股票最近上漲了 26%，但其低市銷率為 0.1 倍，提示投資者需保持謹慎。儘管股價上漲，但該股票在過去一年中下跌了 15%，收入持續下降，預計收入將收縮 4.9%。分析師認為，由於收入表現不佳，低市銷率是合理的，因此在沒有重大變化的情況下，未來價格上漲的可能性不大</p>

<p><strong>Quad/Graphics, Inc.</strong> (NYSE:QUAD) shareholders are no doubt pleased to see that the share price has bounced 26% in the last month, although it is still struggling to make up recently lost ground. Unfortunately, the gains of the last month did little to right the losses of the last year with the stock still down 15% over that time.</p>
<div class="lb-trans"><p><strong>Quad/Graphics, Inc.</strong> (紐約證券交易所代碼:QUAD) 的股東無疑會對過去一個月股價上漲 26% 感到滿意，儘管它仍在努力彌補最近失去的地盤。不幸的是，過去一個月的漲幅對去年損失的彌補作用不大，股票在此期間仍下跌了 15%。</p>
</div><p>In spite of the firm bounce in price, Quad/Graphics' price-to-sales (or &#34;P/S&#34;) ratio of 0.1x might still make it look like a buy right now compared to the Commercial Services industry in the United States, where around half of the companies have P/S ratios above 1.2x and even P/S above 4x are quite common. However, the P/S might be low for a reason and it requires further investigation to determine if it's justified.</p>
<div class="lb-trans"><p>儘管股價大幅反彈，Quad/Graphics 的市銷率（&#34;P/S&#34;）為 0.1 倍，與美國商業服務行業相比，可能仍然看起來像是一個買入機會，因為該行業大約一半的公司市銷率超過 1.2 倍，甚至市銷率超過 4 倍的情況也相當普遍。然而，市銷率可能低是有原因的，需要進一步調查以確定其合理性。</p>
</div><p>We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.</p>
<div class="lb-trans"><p>我們發現 21 只美國股票預計明年將支付超過 6% 的股息收益率。查看完整列表，免費獲取。</p>
</div><p>View our latest analysis for Quad/Graphics</p>
<div class="lb-trans"><p>查看我們對 Quad/Graphics 的最新分析</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/126362-ps-multiple-vs-industry-1-dark-2/1766138800669" alt="" original-src="https://images.simplywall.st/asset/chart/126362-ps-multiple-vs-industry-1-dark-2/1766138800669"/></p>
<p>NYSE:QUAD Price to Sales Ratio vs Industry December 19th 2025</p>
<div class="lb-trans"><p>紐約證券交易所:QUAD 市銷率與行業對比 2025 年 12 月 19 日</p>
</div><h3>How Has Quad/Graphics Performed Recently?</h3>
<div class="lb-trans"><h3>Quad/Graphics 最近的表現如何？</h3>
</div><p>Quad/Graphics hasn't been tracking well recently as its declining revenue compares poorly to other companies, which have seen some growth in their revenues on average. The P/S ratio is probably low because investors think this poor revenue performance isn't going to get any better. So while you could say the stock is cheap, investors will be looking for improvement before they see it as good value.</p>
<div class="lb-trans"><p>Quad/Graphics 最近的表現不佳，其收入下降與其他公司相比顯得尤為糟糕，後者的收入平均有所增長。市銷率可能較低是因為投資者認為這種糟糕的收入表現不會有所改善。因此，儘管可以説該股票便宜，但投資者會在看到改善之前不會認為其具有良好的價值。</p>
</div><p>If you'd like to see what analysts are forecasting going forward, you should check out our <strong>free</strong> report on Quad/Graphics.</p>
<div class="lb-trans"><p>如果您想了解分析師對未來的預測，您應該查看我們關於 Quad/Graphics 的 <strong>免費</strong> 報告。</p>
</div><h2>Do Revenue Forecasts Match The Low P/S Ratio?</h2>
<div class="lb-trans"><h2>收入預測是否與低市銷率相匹配？</h2>
</div><p>There's an inherent assumption that a company should underperform the industry for P/S ratios like Quad/Graphics' to be considered reasonable.</p>
<div class="lb-trans"><p>有一個內在假設，即公司應該低於行業表現，才能使像 Quad/Graphics 這樣的市銷率被認為是合理的。</p>
</div><p>Taking a look back first, the company's revenue growth last year wasn't something to get excited about as it posted a disappointing decline of 9.2%. The last three years don't look nice either as the company has shrunk revenue by 22% in aggregate. Accordingly, shareholders would have felt downbeat about the medium-term rates of revenue growth.</p>
<div class="lb-trans"><p>首先回顧一下，公司的收入增長去年並不令人興奮，出現了令人失望的 9.2% 的下降。過去三年也不太好，公司總共縮減了 22% 的收入。因此，股東對中期收入增長率感到沮喪。</p>
</div><p>Looking ahead now, revenue is anticipated to slump, contracting by 4.9% during the coming year according to the two analysts following the company. That's not great when the rest of the industry is expected to grow by 5.5%.</p>
<div class="lb-trans"><p>展望未來，根據跟蹤該公司的兩位分析師的預測，預計收入將在未來一年內下降 4.9%。當行業其他公司預計增長 5.5% 時，這並不好。</p>
</div><p>With this in consideration, we find it intriguing that Quad/Graphics' P/S is closely matching its industry peers. However, shrinking revenues are unlikely to lead to a stable P/S over the longer term. Even just maintaining these prices could be difficult to achieve as the weak outlook is weighing down the shares.</p>
<div class="lb-trans"><p>考慮到這一點，我們發現 Quad/Graphics 的市銷率與其行業同行非常接近。然而，收入的萎縮不太可能在長期內導致穩定的市銷率。即使只是維持這些價格也可能很難實現，因為疲軟的前景正在壓制股價。</p>
</div><h2>The Key Takeaway</h2>
<div class="lb-trans"><h2>關鍵結論</h2>
</div><p>The latest share price surge wasn't enough to lift Quad/Graphics' P/S close to the industry median. It's argued the price-to-sales ratio is an inferior measure of value within certain industries, but it can be a powerful business sentiment indicator.</p>
<div class="lb-trans"><p>最新的股價飆升不足以將 Quad/Graphics 的市銷率拉近行業中位數。有人認為市銷率在某些行業中是一個較差的價值衡量標準，但它可以是一個強有力的商業情緒指標。</p>
</div><p>As we suspected, our examination of Quad/Graphics' analyst forecasts revealed that its outlook for shrinking revenue is contributing to its low P/S. Right now shareholders are accepting the low P/S as they concede future revenue probably won't provide any pleasant surprises. Unless there's material change, it's hard to envision a situation where the stock price will rise drastically.</p>
<div class="lb-trans"><p>正如我們所懷疑的，我們對 Quad/Graphics 的分析師預測的審查顯示，其收入萎縮的前景正在導致其低市銷率。目前，股東接受低市銷率，因為他們承認未來的收入可能不會帶來任何令人愉快的驚喜。除非有實質性變化，否則很難想象股價會大幅上漲的情況。</p>
</div><p>It is also worth noting that we have found <strong>3 warning signs for Quad/Graphics</strong> (1 is concerning!) that you need to take into consideration.</p>
<div class="lb-trans"><p>還值得注意的是，我們發現了 <strong>Quad/Graphics 的 3 個警告信號</strong>（其中 1 個令人擔憂！），您需要考慮這些因素。</p>
</div><p>Of course, <strong>profitable companies with a history of great earnings growth are generally safer bets</strong>. So you may wish to see this <strong>free</strong> collection of other companies that have reasonable P/E ratios and have grown earnings strongly.</p>
<div class="lb-trans"><p>當然，<strong>盈利能力強且有良好盈利增長曆史的公司通常是更安全的投資</strong>。因此，您可能希望查看這份 <strong>免費</strong> 的其他公司集合，這些公司具有合理的市盈率並且盈利增長強勁。</p>
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<div class="lb-trans"><p>國防和災難的移動基礎設施</p>
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<div class="lb-trans"><p>下一波機器人技術不是類人型的。它是完全自主的塔，在 30 分鐘內提供 5G、ISR 和雷達，隨時隨地。</p>
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<div class="lb-trans"><p>在下一輪合同之前獲取投資者簡報</p>
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Quad/Graphics, Inc. (NYSE:QUAD) 股票上漲 26% 是否合理，需要在此之前改善收入