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ImagineAR (ImagineAR) Cyclically Adjusted PB Ratio : 0.97 (As of May. 15, 2024)


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What is ImagineAR Cyclically Adjusted PB Ratio?

As of today (2024-05-15), ImagineAR's current share price is $0.02915. ImagineAR's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was $0.03. ImagineAR's Cyclically Adjusted PB Ratio for today is 0.97.

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: 0.14   Med: 0.29   Max: 1.17
Current: 1.17

During the past years, ImagineAR's highest Cyclically Adjusted PB Ratio was 1.17. The lowest was 0.14. And the median was 0.29.

IPNFF's Cyclically Adjusted PB Ratio is ranked better than
78.43% of 1335 companies
in the Software industry
Industry Median: 2.6 vs IPNFF: 1.17

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. 2024 was $-0.002. 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 $0.03 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ImagineAR Cyclically Adjusted PB Ratio Historical Data

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.

* Premium members only.

ImagineAR Cyclically Adjusted PB Ratio Chart

ImagineAR Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.35 - 0.28

ImagineAR Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.34 0.38 0.28 1.49 1.57

Competitive Comparison of ImagineAR's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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
=0.02915/0.03
=0.97

* 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. 2024 is calculated as:

For example, ImagineAR's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-0.002/125.4675*125.4675
=-0.002

Current CPI (Feb. 2024) = 125.4675.

ImagineAR Quarterly Data

Book Value per Share CPI Adj_Book
201405 0.405 99.394 0.511
201408 0.047 99.315 0.059
201411 0.075 99.078 0.095
201502 0.044 99.078 0.056
201505 0.084 100.263 0.105
201508 -0.022 100.579 -0.027
201511 -0.034 100.421 -0.042
201602 -0.038 100.421 -0.047
201605 -0.008 101.765 -0.010
201608 -0.001 101.686 -0.001
201611 -0.004 101.607 -0.005
201702 -0.009 102.476 -0.011
201705 0.004 103.108 0.005
201708 0.006 103.108 0.007
201711 0.004 103.740 0.005
201802 0.013 104.688 0.016
201805 0.043 105.399 0.051
201808 0.046 106.031 0.054
201811 0.050 105.478 0.059
201902 0.045 106.268 0.053
201905 0.045 107.927 0.052
201908 0.043 108.085 0.050
201911 0.039 107.769 0.045
202002 0.035 108.559 0.040
202005 0.027 107.532 0.032
202008 0.017 108.243 0.020
202011 0.015 108.796 0.017
202102 0.014 109.745 0.016
202105 0.020 111.404 0.023
202108 0.015 112.668 0.017
202111 0.012 113.932 0.013
202202 0.008 115.986 0.009
202205 0.004 120.016 0.004
202208 0.000 120.569 0.000
202211 -0.002 121.675 -0.002
202302 -0.002 122.070 -0.002
202305 -0.001 124.045 -0.001
202308 -0.003 125.389 -0.003
202311 -0.001 125.468 -0.001
202402 -0.002 125.468 -0.002

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.


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

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


ImagineAR (ImagineAR) Business Description

Industry
Traded in Other Exchanges
Address
250-750 West Pender Street, Vancouver, BC, CAN, V6C 2T7
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 the users to point the mobile device at logos, signs, buildings, products, landmarks to instantly engage videos, information, advertisements, coupons, 3D holograms, and any interactive content hosted in the cloud. Its products include ImagineAR Mobile App, ImagineAR Cloud, ImagineAR SDK/API among others. The firm serves industries such as Sports / Live Events, Advertising / Promotions, Retail, and others.

ImagineAR (ImagineAR) Headlines

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