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

Insulet (FRA:GOV) Cyclically Adjusted Book per Share : €4.48 (As of Mar. 2024)


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

What is Insulet Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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 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 €4.48 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Insulet's average Cyclically Adjusted Book Growth Rate was 17.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 23.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 25.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Insulet was 28.30% per year. The lowest was 8.70% per year. And the median was 23.50% per year.

As of today (2024-05-17), Insulet's current stock price is €170.40. Insulet's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €4.48. Insulet's Cyclically Adjusted PB Ratio of today is 38.04.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Insulet was 118.98. The lowest was 24.95. And the median was 67.32.


Insulet Cyclically Adjusted Book per Share Historical Data

The historical data trend for Insulet's Cyclically Adjusted Book per Share 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 Book per Share Chart

Insulet Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.66 1.99 2.85 3.66 4.15

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 Book per Share 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 3.75 3.88 4.18 4.15 4.48

Competitive Comparison of Insulet's Cyclically Adjusted Book per Share

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 Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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.


Insulet  (FRA:GOV) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=170.40/4.48
=38.04

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Insulet was 118.98. The lowest was 24.95. And the median was 67.32.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Insulet Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Insulet's Cyclically Adjusted Book per Share 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