INQD (Indoor Harvest) Cyclically Adjusted PB Ratio: (As of Jul. 31, 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.

What is Indoor Harvest Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Indoor Harvest  (OTCPK:INQD) 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.


Indoor Harvest Cyclically Adjusted PB Ratio Related Terms


Indoor Harvest Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Indoor Harvest'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.

Indoor Harvest Cyclically Adjusted PB Ratio Chart

Indoor Harvest 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 0.00 0.00 0.00 0.00 0.00

Indoor Harvest Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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

INQD vs LSDIF, ZTS, VTRS: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Indoor Harvest'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.


Indoor Harvest Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

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

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



Indoor Harvest 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.

Indoor Harvest's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Indoor Harvest'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)
=-0.001/312.3320*312.3320
=-0.001

Current CPI (Mar. 2024) = 312.3320.

Indoor Harvest Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 238.343 0.000
201409 0.035 238.031 0.046
201412 0.054 234.812 0.072
201503 0.073 236.119 0.097
201506 0.051 238.638 0.067
201509 0.032 237.945 0.042
201512 0.029 236.525 0.038
201603 0.024 238.132 0.031
201606 -0.004 241.018 -0.005
201609 -0.021 241.428 -0.027
201612 -0.010 241.432 -0.013
201703 0.016 243.801 0.020
201706 -0.004 244.955 -0.005
201709 0.026 246.819 0.033
201712 -0.040 246.524 -0.051
201803 -0.025 249.554 -0.031
201806 -0.050 251.989 -0.062
201809 -0.067 252.439 -0.083
201812 -0.071 251.233 -0.088
201903 -0.070 254.202 -0.086
201906 -0.054 256.143 -0.066
201909 0.000 256.759 0.000
201912 -0.021 256.974 -0.026
202003 -0.022 258.115 -0.027
202006 -0.033 257.797 -0.040
202009 -0.012 260.280 -0.014
202012 -0.019 260.474 -0.023
202103 -0.062 264.877 -0.073
202106 -0.051 271.696 -0.059
202109 0.000 274.310 0.000
202112 0.000 278.802 0.000
202203 0.000 287.504 0.000
202206 0.000 296.311 0.000
202209 0.000 296.808 0.000
202212 0.000 296.797 0.000
202303 0.000 301.836 0.000
202306 0.000 305.109 0.000
202309 0.000 307.789 0.000
202312 0.000 306.746 0.000
202403 -0.001 312.332 -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.


Indoor Harvest Business Description

Address 7401 W. Slaughter Lane, Suite 5078, Austin, TX, USA, 78739
Indoor Harvest Corp develops, process, and provide cannabis medicines. The company provides cannabis industry production platforms for building integrated agriculture (BIA) production. It focuses on Genetics, Tissue Culture, Controlled Environment Ag technologies, including high-pressure Aeroponic Cultivation, Micropropagation, and Cultivation operations. It focuses on an integrated consolidation platform offering for cannabis industry companies focused on hemp, other hemp-related products, CBD, CPG, and ancillary business verticals.