IPNFF (ImagineAR) Cyclically Adjusted PB Ratio: 0.33 (As of Jul. 08, 2026) — 10% Above Median


What is ImagineAR Cyclically Adjusted PB Ratio?

ImagineAR IPNFF -5.71% Cyclically Adjusted PB Ratio is 0.33 as of Jul. 08, 2026, which is 10% above its 10-year median of 0.30. The stock has 3 warning signs investors should review. Among 1,596 Software companies, ImagineAR ranks better than 92.48% on this metric.

As of today (2026-07-08), ImagineAR's current share price is $0.0033. ImagineAR's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was $0.01. ImagineAR's Cyclically Adjusted PB Ratio for today is 0.33.

The historical rank and industry rank for ImagineAR's Cyclically Adjusted PB Ratio or its related term are showing as below:

IPNFF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.3   Max: 1.25
Current: 0.27

During the past years, ImagineAR's highest Cyclically Adjusted PB Ratio was 1.25. The lowest was 0.05. And the median was 0.30.

IPNFF's Cyclically Adjusted PB Ratio is ranked better than
92.48% of 1596 companies
in the Software industry
Industry Median: 2.33 vs IPNFF: 0.27

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.

ImagineAR's adjusted book value per share data for the three months ended in Feb. 2026 was $-0.008. 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 $0.01 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ImagineAR  (OTCPK:IPNFF) 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.


ImagineAR Cyclically Adjusted PB Ratio Related Terms


ImagineAR Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ImagineAR'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.

ImagineAR Cyclically Adjusted PB Ratio Chart

ImagineAR Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.00 0.28 1.50 1.91

ImagineAR Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 3.52 1.69 1.91 1.17 0.80

IPNFF vs MSFT, ORCL, PLTR: Cyclically Adjusted PB Ratio Comparison

For the Software - Infrastructure subindustry, ImagineAR'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.


ImagineAR Cyclically Adjusted PB Ratio vs Software Industry

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

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



ImagineAR 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.

ImagineAR's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0033/0.01
=0.33

* 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.

ImagineAR's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 is calculated as:

For example, ImagineAR's adjusted Book Value per Share data for the three months ended in Feb. 2026 was:

Adj_Book=Book Value per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=-0.008/326.7850*326.7850
=-0.008

Current CPI (Feb. 2026) = 326.7850.

ImagineAR Quarterly Data

Book Value per Share CPI Adj_Book
201605 -0.008 240.229 -0.011
201608 -0.001 240.849 -0.001
201611 -0.004 241.353 -0.005
201702 -0.009 243.603 -0.012
201705 0.004 244.733 0.005
201708 0.006 245.519 0.008
201711 0.004 246.669 0.005
201802 0.013 248.991 0.017
201805 0.043 251.588 0.056
201808 0.046 252.146 0.060
201811 0.050 252.038 0.065
201902 0.045 252.776 0.058
201905 0.045 256.092 0.057
201908 0.043 256.558 0.055
201911 0.039 257.208 0.050
202002 0.035 258.678 0.044
202005 0.027 256.394 0.034
202008 0.017 259.918 0.021
202011 0.015 260.229 0.019
202102 0.014 263.014 0.017
202105 0.020 269.195 0.024
202108 0.015 273.567 0.018
202111 0.012 277.948 0.014
202202 0.008 283.716 0.009
202205 0.004 292.296 0.004
202208 0.000 296.171 0.000
202211 -0.002 297.711 -0.002
202302 -0.002 300.840 -0.002
202305 -0.001 304.127 -0.001
202308 -0.003 307.026 -0.003
202311 -0.001 307.051 -0.001
202402 -0.002 310.326 -0.002
202405 -0.003 314.069 -0.003
202408 -0.004 314.796 -0.004
202411 -0.003 315.493 -0.003
202502 -0.003 319.082 -0.003
202505 -0.006 321.465 -0.006
202508 -0.006 323.976 -0.006
202511 -0.007 324.122 -0.007
202602 -0.008 326.785 -0.008

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.

What does a Cyclically Adjusted PB Ratio of 0.33 mean?
ImagineAR (IPNFF) has a Cyclically Adjusted PB Ratio of 0.33 as of Jul. 08, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on ImagineAR and its competitors. This is 10% above median its historical median of 0.30. Over the past decade, ImagineAR's Cyclically Adjusted PB Ratio has ranged from 0.05 to 1.25. According to the industry distribution chart, ImagineAR ranks #120 out of 1596 companies in the Software industry, placing it in the top 7.5%.
Is ImagineAR's Cyclically Adjusted PB Ratio too high?
ImagineAR's current Cyclically Adjusted PB Ratio of 0.33 is 10% above median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 1.25. The Software industry median Cyclically Adjusted PB Ratio is 2.33. ImagineAR's value of 0.33 is 85.8% below this industry median. Based on the distribution chart, ImagineAR ranks #120 out of 1596 companies in the Software industry, which is in the top quartile — a strong position relative to peers.
How does ImagineAR's Cyclically Adjusted PB Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, ImagineAR ranks #120 out of 1596 companies for Cyclically Adjusted PB Ratio. This places ImagineAR in the top 8% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.33. ImagineAR's value of 0.33 is 85.8% below this benchmark. Historically, ImagineAR's own Cyclically Adjusted PB Ratio has ranged from 0.05 to 1.25 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 2.33, ImagineAR has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.33, based on 1,596 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ImagineAR's current Cyclically Adjusted PB Ratio of 0.33 is 85.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on ImagineAR and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ImagineAR's current Cyclically Adjusted PB Ratio is 0.33, which is 10% above median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ImagineAR stock overvalued right now?
ImagineAR (IPNFF) has a current Cyclically Adjusted PB Ratio of 0.33. The current Cyclically Adjusted PB Ratio is 0.33, which is 10% above median its 10-year median of 0.30 and 85.8% below the Software industry median of 2.33. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For ImagineAR (IPNFF), the current Cyclically Adjusted PB Ratio is 0.33 as of Jul. 08, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

ImagineAR Business Description

Other Exchanges GMS1:GermanyIP:Canada
Address 3411 Peach Street, Suite 230, Erie, PA, USA, 16508
ImagineAR Inc provides a mobile platform for companies to develop & implement Mobile Augmented Reality experiences instantly with no programming or technology experience. Its platform enables users to point their mobile device at logos, signs, buildings, products, landmarks, and instantly engage with videos, information, advertisements, coupons, 3D holograms, and any other interactive content hosted in the cloud. Its products include ImagineAR Mobile App, ImagineAR Cloud, and ImagineAR SDK/API, among others. The Company operates in one reportable segment, comprised of data services, and revenue is earned from two regions: Canada and the United States.