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Indoor Harvest (Indoor Harvest) Cyclically Adjusted PB Ratio : (As of May. 21, 2024)


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What is Indoor Harvest Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Indoor Harvest Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Indoor Harvest'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.

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Indoor Harvest Cyclically Adjusted PB Ratio Chart

Indoor Harvest Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
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Indoor Harvest Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Indoor Harvest's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Indoor Harvest'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.


Indoor Harvest's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Indoor Harvest's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Indoor Harvest 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.

Indoor Harvest's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Indoor Harvest's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0/129.8595*129.8595
=0.000

Current CPI (Sep. 2023) = 129.8595.

Indoor Harvest Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.025 98.326 0.033
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 0.035 100.428 0.045
201412 0.054 99.070 0.071
201503 0.073 99.621 0.095
201506 0.051 100.684 0.066
201509 0.032 100.392 0.041
201512 0.029 99.792 0.038
201603 0.024 100.470 0.031
201606 -0.004 101.688 -0.005
201609 -0.021 101.861 -0.027
201612 -0.010 101.863 -0.013
201703 0.016 102.862 0.020
201706 -0.004 103.349 -0.005
201709 0.026 104.136 0.032
201712 -0.040 104.011 -0.050
201803 -0.025 105.290 -0.031
201806 -0.050 106.317 -0.061
201809 -0.067 106.507 -0.082
201812 -0.071 105.998 -0.087
201903 -0.070 107.251 -0.085
201906 -0.054 108.070 -0.065
201909 0.000 108.329 0.000
201912 -0.021 108.420 -0.025
202003 -0.022 108.902 -0.026
202006 -0.033 108.767 -0.039
202009 -0.012 109.815 -0.014
202012 -0.019 109.897 -0.022
202103 -0.062 111.754 -0.072
202106 -0.051 114.631 -0.058
202109 0.000 115.734 0.000
202112 0.000 117.630 0.000
202203 0.000 121.301 0.000
202206 0.000 125.017 0.000
202209 0.000 125.227 0.000
202212 0.000 125.222 0.000
202303 0.000 127.348 0.000
202306 0.000 128.729 0.000
202309 0.000 129.860 0.000

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.


Indoor Harvest  (OTCPK:INQD) 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.


Indoor Harvest Cyclically Adjusted PB Ratio Related Terms

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Indoor Harvest (Indoor Harvest) Business Description

Traded in Other Exchanges
N/A
Address
7401 W. Slaughter Lane, Suite 5078, Austin, TX, USA, 78739
Indoor Harvest Corp develops, process, and provide cannabis medicines. The company provides cannabis industry production platforms for building integrated agriculture (BIA) production. It focuses on Genetics, Tissue Culture, Controlled Environment Ag technologies, including high-pressure Aeroponic Cultivation, Micropropagation, and Cultivation operations. It focuses on an integrated consolidation platform offering for cannabis industry companies focused on hemp, other hemp-related products, CBD, CPG, and ancillary business verticals.
Executives
Daniel Patrick Weadock director, officer: Chief Executive Officer C/O INDOOR HARVEST CORP, 5300 EAST FREEWAY, SUITE A, HOUSTON TX 77020
Benjamin Godoy Coleman 10 percent owner 8518 PEGASUS DR, SELMA TX 78154
Lang Coleman director 8518 PEGASUS DR, SELMA TX 78154
Sandra Fowler officer: Chief Marketing Officer C/O INDOOR HARVEST CORP., 5300 EAST FREEWAY, SUITE A, HOUSTON TX 77020
Sykes Chad Colin director, 10 percent owner, officer: CEO 14830 FOREST LODGE DR., HOUSTON TX 77070
Pawel Hardej director 6304 INDIAN CANYON DR., AUSTIN TX 78746
William Jamieson director PO BOX 47700, PHOENIX AZ 85068
John Alexander Zimmerman director 10258 TIMBER TRAIL DR., DALLAS TX 75229
John Choo director, officer: President 4 NANAIMO DR., OTTAWA A6 K2H 6X5
Annette Lee Knebel director, officer: Chief Accounting Officer C/O INDOOR HARVEST CORP., 5300 EAST FREEWAY, SUITE A, HOUSTON TX 77020
Richard A. Gutshall director, officer: Interim CEO and CFO 7716 ORISHA DRIVE, AUSTIN TX 78739
John Irving Seckman director P.O BOX 3009, IDAHO SPRINGS CO 80452