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iRobot (WBO:IRBT) Cyclically Adjusted PB Ratio : 0.46 (As of May. 26, 2024)


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What is iRobot Cyclically Adjusted PB Ratio?

As of today (2024-05-26), iRobot's current share price is €9.144. iRobot's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €19.74. iRobot's Cyclically Adjusted PB Ratio for today is 0.46.

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

WBO:IRBT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 4.79   Max: 10.83
Current: 0.46

During the past years, iRobot's highest Cyclically Adjusted PB Ratio was 10.83. The lowest was 0.34. And the median was 4.79.

WBO:IRBT's Cyclically Adjusted PB Ratio is ranked better than
83.45% of 296 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.42 vs WBO:IRBT: 0.46

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.

iRobot's adjusted book value per share data for the three months ended in Mar. 2024 was €6.529. 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 €19.74 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


iRobot Cyclically Adjusted PB Ratio Historical Data

The historical data trend for iRobot'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.

iRobot Cyclically Adjusted PB Ratio Chart

iRobot 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 3.65 5.05 3.49 2.28 1.81

iRobot 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 2.03 2.09 1.75 1.81 0.41

Competitive Comparison of iRobot's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, iRobot'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.


iRobot's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, iRobot's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



iRobot 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.144/19.74
=0.46

* 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.

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

For example, iRobot'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)
=6.529/131.7762*131.7762
=6.529

Current CPI (Mar. 2024) = 131.7762.

iRobot Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.949 100.560 11.727
201409 9.904 100.428 12.996
201412 10.681 99.070 14.207
201503 12.264 99.621 16.223
201506 12.117 100.684 15.859
201509 12.280 100.392 16.119
201512 13.172 99.792 17.394
201603 12.835 100.470 16.834
201606 11.119 101.688 14.409
201609 12.042 101.861 15.579
201612 13.537 101.863 17.512
201703 13.933 102.862 17.849
201706 13.708 103.349 17.479
201709 13.740 104.136 17.387
201712 14.222 104.011 18.018
201803 14.347 105.290 17.956
201806 14.309 106.317 17.736
201809 15.596 106.507 19.296
201812 16.933 105.998 21.051
201903 17.759 107.251 21.820
201906 18.239 108.070 22.240
201909 20.024 108.329 24.358
201912 20.699 108.420 25.158
202003 20.016 108.902 24.220
202006 21.633 108.767 26.209
202009 23.608 109.815 28.329
202012 23.462 109.897 28.133
202103 24.376 111.754 28.743
202106 23.117 114.631 26.574
202109 23.353 115.734 26.590
202112 23.487 117.630 26.312
202203 23.279 121.301 25.289
202206 23.513 125.017 24.784
202209 20.747 125.227 21.832
202212 16.376 125.222 17.233
202303 13.385 127.348 13.850
202306 10.845 128.729 11.102
202309 8.504 129.860 8.630
202312 6.443 129.419 6.560
202403 6.529 131.776 6.529

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.


iRobot  (WBO:IRBT) 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.


iRobot Cyclically Adjusted PB Ratio Related Terms

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


iRobot (WBO:IRBT) Business Description

Traded in Other Exchanges
Address
8 Crosby Drive, Bedford, MA, USA, 01730
iRobot Corp is a united state based consumer robot company. It designs and builds robots that assist consumers with the solutions for the activities to be carried both inside and outside of the home. The company's consumer robot comprises a portfolio of solutions which includes cleaning, mapping and navigation, human-robot interaction, and physical solutions. The company operates in the business segment of Consumer robots. The consumer robot products are provided to the consumers by retail businesses and online store. The company derives its revenue from the product sales. It sells the products across the United States and around the world.