GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Insulet Corp (FRA:GOV) » Definitions » Cyclically Adjusted PB Ratio

Insulet (FRA:GOV) Cyclically Adjusted PB Ratio : 37.53 (As of May. 16, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Insulet Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Insulet's current share price is €165.50. Insulet's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €4.41. Insulet's Cyclically Adjusted PB Ratio for today is 37.53.

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

FRA:GOV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 24.95   Med: 67.32   Max: 118.98
Current: 37.57

During the past years, Insulet's highest Cyclically Adjusted PB Ratio was 118.98. The lowest was 24.95. And the median was 67.32.

FRA:GOV's Cyclically Adjusted PB Ratio is ranked worse than
98.5% of 466 companies
in the Medical Devices & Instruments industry
Industry Median: 2.2 vs FRA:GOV: 37.57

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.

Insulet's adjusted book value per share data for the three months ended in Mar. 2024 was €10.389. 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 €4.41 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Insulet Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Insulet'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.

Insulet Cyclically Adjusted PB Ratio Chart

Insulet 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 92.31 104.69 83.35 75.20 47.21

Insulet Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 78.12 67.97 36.05 47.21 35.66

Competitive Comparison of Insulet's Cyclically Adjusted PB Ratio

For the Medical Devices subindustry, Insulet'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.


Insulet's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Insulet's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Insulet 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.

Insulet's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=165.50/4.41
=37.53

* 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.

Insulet's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Insulet's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=10.389/131.7762*131.7762
=10.389

Current CPI (Mar. 2024) = 131.7762.

Insulet Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.033 100.560 1.354
201409 1.112 100.428 1.459
201412 1.208 99.070 1.607
201503 1.316 99.621 1.741
201506 1.101 100.684 1.441
201509 0.863 100.392 1.133
201512 0.549 99.792 0.725
201603 0.415 100.470 0.544
201606 0.427 101.688 0.553
201609 1.010 101.861 1.307
201612 1.042 101.863 1.348
201703 1.027 102.862 1.316
201706 0.992 103.349 1.265
201709 1.071 104.136 1.355
201712 2.297 104.011 2.910
201803 2.356 105.290 2.949
201806 2.600 106.317 3.223
201809 2.872 106.507 3.553
201812 3.150 105.998 3.916
201903 3.319 107.251 4.078
201906 3.675 108.070 4.481
201909 2.213 108.329 2.692
201912 1.090 108.420 1.325
202003 0.847 108.902 1.025
202006 7.625 108.767 9.238
202009 7.669 109.815 9.203
202012 7.516 109.897 9.012
202103 7.425 111.754 8.755
202106 5.554 114.631 6.385
202109 6.141 115.734 6.992
202112 7.117 117.630 7.973
202203 5.851 121.301 6.356
202206 5.759 125.017 6.070
202209 6.226 125.227 6.552
202212 6.470 125.222 6.809
202303 6.738 127.348 6.972
202306 7.324 128.729 7.497
202309 8.152 129.860 8.272
202312 9.611 129.419 9.786
202403 10.389 131.776 10.389

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.


Insulet  (FRA:GOV) 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.


Insulet Cyclically Adjusted PB Ratio Related Terms

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


Insulet (FRA:GOV) Business Description

Traded in Other Exchanges
Address
100 Nagog Park, Acton, MA, USA, 01720
Insulet was founded in 2000 with the goal of making continuous subcutaneous insulin infusion therapy for diabetes easier to use. The result was the Omnipod system, which consists of a small disposable insulin infusion device and that can be operated through a smartphone to control dosage. Since the Omnipod was approved by the U.S. Food and Drug Administration in 2005, approximately 360,000 insulin-dependent diabetics are using it worldwide.

Insulet (FRA:GOV) Headlines

No Headlines