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Invacare (Invacare) Cyclically Adjusted Book per Share : $0.00 (As of Mar. 2023)


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What is Invacare Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Invacare's adjusted book value per share for the three months ended in Mar. 2023 was $1.365. 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 $0.00 for the trailing ten years ended in Mar. 2023.

During the past 12 months, Invacare's average Cyclically Adjusted Book Growth Rate was -9.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -5.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -5.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -3.90% 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 Invacare was 18.70% per year. The lowest was -5.80% per year. And the median was 5.70% per year.

As of today (2024-06-24), Invacare's current stock price is $0.00. Invacare's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 was $0.00. Invacare's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Invacare was 1.09. The lowest was 0.02. And the median was 0.60.


Invacare Cyclically Adjusted Book per Share Historical Data

The historical data trend for Invacare'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.

Invacare Cyclically Adjusted Book per Share Chart

Invacare Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
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Invacare Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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Competitive Comparison of Invacare's Cyclically Adjusted Book per Share

For the Medical Instruments & Supplies subindustry, Invacare'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.


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

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

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



Invacare 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, Invacare's adjusted Book Value per Share data for the three months ended in Mar. 2023 was:

Adj_Book= Book Value per Share /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=1.365/127.3478*127.3478
=1.365

Current CPI (Mar. 2023) = 127.3478.

Invacare Quarterly Data

Book Value per Share CPI Adj_Book
201306 18.141 98.518 23.450
201309 20.787 98.790 26.796
201312 20.956 98.326 27.141
201403 20.616 99.695 26.334
201406 20.012 100.560 25.343
201409 18.903 100.428 23.970
201412 17.606 99.070 22.631
201503 15.670 99.621 20.031
201506 15.227 100.684 19.260
201509 15.080 100.392 19.129
201512 14.219 99.792 18.145
201603 14.579 100.470 18.479
201606 14.544 101.688 18.214
201609 14.339 101.861 17.927
201612 13.017 101.863 16.274
201703 12.563 102.862 15.554
201706 12.949 103.349 15.956
201709 13.269 104.136 16.227
201712 12.890 104.011 15.782
201803 12.855 105.290 15.548
201806 11.588 106.317 13.880
201809 11.143 106.507 13.323
201812 10.827 105.998 13.008
201903 10.543 107.251 12.519
201906 9.858 108.070 11.617
201909 9.373 108.329 11.019
201912 9.166 108.420 10.766
202003 9.047 108.902 10.579
202006 8.976 108.767 10.509
202009 9.818 109.815 11.386
202012 9.918 109.897 11.493
202103 8.399 111.754 9.571
202106 8.345 114.631 9.271
202109 7.122 115.734 7.837
202112 6.491 117.630 7.027
202203 5.624 121.301 5.904
202206 4.385 125.017 4.467
202209 2.408 125.227 2.449
202212 2.409 125.222 2.450
202303 1.365 127.348 1.365

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Invacare  (GREY:IVCRB) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Invacare was 1.09. The lowest was 0.02. And the median was 0.60.


Be Aware

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


Invacare Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Invacare's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Invacare (Invacare) Business Description

Traded in Other Exchanges
N/A
Address
One Invacare Way, Elyria, OH, USA, 44035-4190
Invacare Corp makes and distributes medical equipment used in non-acute care settings. Its products are primarily sold to home medical equipment providers, residential living operators, distributors, and government health services. The firm sells products in three categories: mobility and seating, lifestyle, and respiratory therapy. Its mobility and seating products include power wheelchairs, custom manual wheelchairs, and positioning cushions. Its lifestyle products include manual wheelchairs, crutches, walkers, and homecare beds. Its respiratory products include stationary and portable oxygen concentrators and non-delivery oxygen technology. Invacare receives the largest proportion of revenue from sales in Europe.