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iRobot (iRobot) Cyclically Adjusted PB Ratio : 0.36 (As of Apr. 28, 2024)


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What is iRobot Cyclically Adjusted PB Ratio?

As of today (2024-04-28), iRobot's current share price is $7.785. iRobot's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $21.41. iRobot's Cyclically Adjusted PB Ratio for today is 0.36.

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

IRBT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 4.8   Max: 10.83
Current: 0.36

During the past years, iRobot's highest Cyclically Adjusted PB Ratio was 10.83. The lowest was 0.34. And the median was 4.80.

IRBT's Cyclically Adjusted PB Ratio is ranked better than
89.58% of 288 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.335 vs IRBT: 0.36

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 Dec. 2023 was $7.026. 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 $21.41 for the trailing ten years ended in Dec. 2023.

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
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.28 2.03 2.09 1.75 1.81

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
=7.785/21.41
=0.36

* 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 Dec. 2023 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=7.026/129.4194*129.4194
=7.026

Current CPI (Dec. 2023) = 129.4194.

iRobot Quarterly Data

Book Value per Share CPI Adj_Book
201403 11.782 99.695 15.295
201406 12.159 100.560 15.649
201409 12.763 100.428 16.447
201412 13.171 99.070 17.206
201503 13.273 99.621 17.243
201506 13.599 100.684 17.480
201509 13.782 100.392 17.767
201512 14.348 99.792 18.608
201603 14.293 100.470 18.411
201606 12.493 101.688 15.900
201609 13.515 101.861 17.171
201612 14.280 101.863 18.143
201703 14.902 102.862 18.749
201706 15.403 103.349 19.288
201709 16.377 104.136 20.353
201712 16.830 104.011 20.941
201803 17.691 105.290 21.745
201806 16.716 106.317 20.348
201809 18.199 106.507 22.114
201812 19.265 105.998 23.522
201903 20.066 107.251 24.214
201906 20.609 108.070 24.680
201909 22.053 108.329 26.346
201912 22.999 108.420 27.454
202003 22.117 108.902 26.284
202006 24.361 108.767 28.987
202009 27.806 109.815 32.770
202012 28.542 109.897 33.612
202103 29.019 111.754 33.606
202106 27.851 114.631 31.444
202109 27.474 115.734 30.723
202112 26.539 117.630 29.199
202203 25.638 121.301 27.354
202206 24.855 125.017 25.730
202209 20.541 125.227 21.229
202212 17.347 125.222 17.928
202303 14.331 127.348 14.564
202306 11.750 128.729 11.813
202309 9.075 129.860 9.044
202312 7.026 129.419 7.026

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  (NAS: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 (iRobot) 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.
Executives
Faris Habbaba officer: Chief R&D Officer IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01730
Julie Zeiler officer: EVP, Chief Financial Officer C/O IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01730
Deborah G Ellinger director ONE CVS DR, WOONSOCKET RI 02895
Mohamad Ali director 2 AVENUE DE LAFAYETTE, BOSTON MA 02111
Angle Colin M director, 10 percent owner, officer: Chief Executive Officer 352 BEACON STREET, BOSTON MA 02116
Karen Golz director ONE TECHNOLOGY WAY, NORWOOD MA 02062
David Keith Hartsfield officer: Chief Product Officer C/O IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01730
Ruey Bin Kao director CHINA HOLDINGS ACQUISITION CORP., 33 RIVERSIDE AVENUE, 5TH FLOOR, WESTPORT CT 06880
Andrew Miller director 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Jean Jacques Blanc officer: Chief Commercial Officer IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01730
Elisha W Finney director C/O VARIAN MEDICAL SYSTEMS, INC, 3100 HANSEN WAY M/S E-327, PALO ALTO CA 94304
Glen Daniel Weinstein officer: VP and General Counsel IROBOT CORPORATION, 63 SOUTH AVENUE, BURLINGTON MA 01803
Russell J Campanello officer: SVP Human Resources C/O PHASE FORWARD INCORPORATED, 77 FOURTH AVENUE, WALTHAM X1 02451
Michelle Stacy director 33 COFFEE LANE, WATERBURY VT 05676
Timothy Saeger officer: EVP Engineering C/O IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01730