Thanks!
I have another related question.
Say that the system was not at equilibrium, then we calculate Q using a similar formula, Q = [P]/[R]. So if we are asked to calculate Q, they would have to tell us how much of the reactants have reacted by that given point in time so we can determine the ratio of [P]/[R] present at that given point. This would also mean that Q would change with time in the reaction, increasing as we reach equilibrium. Am I correct?