IGEN (iGen Networks) Cyclically Adjusted PB Ratio: (As of Jul. 16, 2026)

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What is iGen Networks Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


iGen Networks  (OTCPK:IGEN) 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.


iGen Networks Cyclically Adjusted PB Ratio Related Terms


iGen Networks Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for iGen Networks'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.

iGen Networks Cyclically Adjusted PB Ratio Chart

iGen Networks Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.48 0.55 0.00 0.00

iGen Networks Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.00 0.00 0.00 0.00 0.00

IGEN vs TWOHD, ABQQ, XNDA: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, iGen Networks'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.


iGen Networks Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, iGen Networks's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



iGen Networks 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.

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

For example, iGen Networks'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)
=-0.001/307.7890*307.7890
=-0.001

Current CPI (Sep. 2023) = 307.7890.

iGen Networks Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.013 233.049 0.017
201403 0.013 236.293 0.017
201406 0.035 238.343 0.045
201409 0.032 238.031 0.041
201412 0.025 234.812 0.033
201503 0.023 236.119 0.030
201506 0.021 238.638 0.027
201509 0.018 237.945 0.023
201512 -0.004 236.525 -0.005
201603 -0.004 238.132 -0.005
201606 -0.008 241.018 -0.010
201609 -0.012 241.428 -0.015
201612 -0.025 241.432 -0.032
201703 -0.012 243.801 -0.015
201706 -0.017 244.955 -0.021
201709 -0.019 246.819 -0.024
201712 -0.035 246.524 -0.044
201803 -0.022 249.554 -0.027
201806 -0.019 251.989 -0.023
201809 -0.015 252.439 -0.018
201812 -0.008 251.233 -0.010
201903 -0.013 254.202 -0.016
201906 -0.017 256.143 -0.020
201909 -0.027 256.759 -0.032
201912 -0.012 256.974 -0.014
202003 -0.003 258.115 -0.004
202006 -0.001 257.797 -0.001
202009 -0.001 260.280 -0.001
202012 -0.001 260.474 -0.001
202103 -0.001 264.877 -0.001
202106 -0.001 271.696 -0.001
202109 -0.001 274.310 -0.001
202112 0.000 278.802 0.000
202203 -0.001 287.504 -0.001
202206 0.000 296.311 0.000
202209 -0.001 296.808 -0.001
202212 -0.001 296.797 -0.001
202303 0.000 301.836 0.000
202306 -0.001 305.109 -0.001
202309 -0.001 307.789 -0.001

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.


iGen Networks Business Description

Address 31772 Casino Drive, Suite C, Lake Elsinore, CA, USA, 92530
iGen Networks Corp is engaged in the development and marketing of software services for the automotive industry. It has one reportable segment being Vehicle Tracking and Recovery Solutions. The company works with wireless carriers, hardware suppliers and software developers to provide direct and secure access to information on the vehicle and the driver's behavior. The software services are delivered from the AWS Cloud to the consumer and their families over the wireless networks and accessed from any mobile or desktop device. The software services are marketed to automotive dealers, financial institutions, and direct-to-consumer through various commercial and consumer brands. The company's brands include Nimbo Tracking, CU Trak, and Medallion GPS PRO.