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Inseego (Inseego) Cyclically Adjusted PB Ratio : (As of May. 01, 2024)


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What is Inseego Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Inseego Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Inseego'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.

* Premium members only.

Inseego Cyclically Adjusted PB Ratio Chart

Inseego 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 3.90 13.30 9.73 5.33 -

Inseego Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.33 8.26 - - -

Competitive Comparison of Inseego's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Inseego'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.


Inseego's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Inseego 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.

Inseego's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Inseego's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-8.596/129.4194*129.4194
=-8.596

Current CPI (Dec. 2023) = 129.4194.

Inseego Quarterly Data

Book Value per Share CPI Adj_Book
201403 10.548 99.695 13.693
201406 6.051 100.560 7.788
201409 5.679 100.428 7.318
201412 6.678 99.070 8.724
201503 6.446 99.621 8.374
201506 12.561 100.684 16.146
201509 9.381 100.392 12.093
201512 5.724 99.792 7.423
201603 4.096 100.470 5.276
201606 3.914 101.688 4.981
201609 1.429 101.861 1.816
201612 -3.267 101.863 -4.151
201703 -4.695 102.862 -5.907
201706 -6.265 103.349 -7.845
201709 -8.394 104.136 -10.432
201712 -7.770 104.011 -9.668
201803 -8.304 105.290 -10.207
201806 -10.807 106.317 -13.155
201809 -4.528 106.507 -5.502
201812 -4.919 105.998 -6.006
201903 -4.126 107.251 -4.979
201906 -4.718 108.070 -5.650
201909 -4.791 108.329 -5.724
201912 -4.543 108.420 -5.423
202003 2.900 108.902 3.446
202006 -4.312 108.767 -5.131
202009 -2.746 109.815 -3.236
202012 -2.798 109.897 -3.295
202103 -0.143 111.754 -0.166
202106 -0.865 114.631 -0.977
202109 -1.461 115.734 -1.634
202112 -2.359 117.630 -2.595
202203 -3.184 121.301 -3.397
202206 -4.059 125.017 -4.202
202209 -5.174 125.227 -5.347
202212 -6.464 125.222 -6.681
202303 -6.649 127.348 -6.757
202306 -6.059 128.729 -6.092
202309 -7.758 129.860 -7.732
202312 -8.596 129.419 -8.596

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.


Inseego  (NAS:INSG) 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.


Inseego Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Inseego's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Inseego (Inseego) Business Description

Industry
Traded in Other Exchanges
Address
9710 Scranton Road, Suite 200, Suite 200, CA, USA, 92121
Inseego Corp is into the design and development of fixed and mobile wireless solutions (advanced 4G and 5G NR), Industrial Internet of Things and cloud solutions for enterprises, service providers, small and medium-sized businesses, governments, and consumers around the globe. The product portfolio consists of fixed and mobile device-to-cloud solutions that provide secure end-to-end IoT services with deep business intelligence. The Company's products and services include intelligent mobile hotspots, wireless routers for IoT applications, USB modems, integrated telematics and mobile tracking hardware devices, which are supported by applications software and cloud services designed to enable customers to easily analyze data insights and configure and manage their hardware.
Executives
Tavistock Financial, Llc 10 percent owner 9350 CONROY WINDERMERE ROAD, WINDERMERE FL 34786
Joseph Lewis 10 percent owner PO BOX N7776, LYFORD BAHAMAS
Philip G Brace director LSI LOGIC CORP, 1621 BARBER LANE, MILPITAS CA 95035
Steven Gatoff officer: Chief Financial Officer C/O INSEEGO CORP, 9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Dan Mondor officer: President and CEO 4375 RIVER GREEN PARKWAY, SUITE 100, DULUTH GA 30096
Ashish Sharma officer: President IoT & Mobile 9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Christopher H. Lytle director 9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Robert G Barbieri officer: Chief Financial Officer 380 ST. PETER STREET, ST. PAUL MN 55102
Stephanie Lynne Bowers director 9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Doug Kahn officer: EVP of Operations 9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Wei Ding officer: VP Accounting, Controller 9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Craig L Foster officer: Chief Financial Officer 2580 ORCHARD PARKWAY, SAN JOSE CA 95131
Braslyn Ltd. 10 percent owner CAY HOUSE, EP TAYLOR DRIVE N7776, LYFORD CAY, NEW PROVIDENCE C5 00000
Brian Miller director, 10 percent owner 115 EAST PUTNAM AVENUE, GREENWICH CT 06830
Stephen M Smith officer: Chief Financial Officer