INLB (Item 9 Labs) Cyclically Adjusted PB Ratio: (As of Jul. 14, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

INLB Item 9 Labs Corp INLB
12 GF Score
Price $0.00
View Full Analysis

What is Item 9 Labs Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Item 9 Labs  (OTCPK:INLB) 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.


Item 9 Labs Cyclically Adjusted PB Ratio Related Terms


Item 9 Labs Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Item 9 Labs'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.

Item 9 Labs Cyclically Adjusted PB Ratio Chart

Item 9 Labs Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Item 9 Labs Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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

INLB vs NEPT, CENBF, SGBI: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Item 9 Labs'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.


Item 9 Labs Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Item 9 Labs's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Item 9 Labs's Cyclically Adjusted PB Ratio falls into.


INLB
12GF Score
Item 9 Labs Corp INLB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Item 9 Labs 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.

Item 9 Labs's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, Item 9 Labs's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book=Book Value per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0.514/305.1090*305.1090
=0.514

Current CPI (Jun. 2023) = 305.1090.

Item 9 Labs Quarterly Data

Book Value per Share CPI Adj_Book
201309 -1.541 234.149 -2.008
201312 -2.297 233.049 -3.007
201403 -0.693 236.293 -0.895
201406 -0.771 238.343 -0.987
201409 -0.847 238.031 -1.086
201412 -0.915 234.812 -1.189
201503 -1.077 236.119 -1.392
201506 -1.237 238.638 -1.582
201509 -1.381 237.945 -1.771
201512 -1.355 236.525 -1.748
201603 -1.311 238.132 -1.680
201606 -1.355 241.018 -1.715
201609 -0.280 241.428 -0.354
201612 -0.292 241.432 -0.369
201703 -0.293 243.801 -0.367
201706 -0.290 244.955 -0.361
201709 0.129 246.819 0.159
201712 -0.245 246.524 -0.303
201803 0.052 249.554 0.064
201806 0.000 251.989 0.000
201809 0.048 252.439 0.058
201812 0.000 251.233 0.000
201903 0.000 254.202 0.000
201906 0.222 256.143 0.264
201909 0.117 256.759 0.139
201912 0.093 256.974 0.110
202003 0.181 258.115 0.214
202006 0.178 257.797 0.211
202009 0.143 260.280 0.168
202012 0.210 260.474 0.246
202103 1.505 264.877 1.734
202106 1.471 271.696 1.652
202109 0.908 274.310 1.010
202112 0.890 278.802 0.974
202203 0.862 287.504 0.915
202206 0.815 296.311 0.839
202209 0.635 296.808 0.653
202212 0.604 296.797 0.621
202303 0.567 301.836 0.573
202306 0.514 305.109 0.514

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.


Item 9 Labs Business Description

Address 2111 E. Highland Avenue, Suite B375, Phoenix, AZ, USA, 85016
Item 9 Labs Corp is a vertically integrated cannabis operator and dispensary franchisor delivering premium products from its large-scale cultivation and production facilities in the United States. The Item 9 Labs brand specializes in products and user experience across several cannabis categories. The company also offers a dispensary franchise model through the national Unity Rd. retail brand. Easing barriers to entry, the franchise provides an opportunity for both new and existing dispensary owners to leverage the knowledge, resources, and ongoing support needed to thrive in their state compliantly and successfully. It also brings industry practices to markets nationwide through distinctive retail experience, cultivation capabilities, and product innovation.
12GF Score

Get the complete analysis for INLB

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.00
Price