GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Inogen Inc (STU:6IO) » Definitions » Cyclically Adjusted PB Ratio

Inogen (STU:6IO) Cyclically Adjusted PB Ratio : 0.59 (As of May. 30, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Inogen Cyclically Adjusted PB Ratio?

As of today (2024-05-30), Inogen's current share price is €7.50. Inogen's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €12.69. Inogen's Cyclically Adjusted PB Ratio for today is 0.59.

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

STU:6IO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.98   Max: 3.2
Current: 0.58

During the past years, Inogen's highest Cyclically Adjusted PB Ratio was 3.20. The lowest was 0.31. And the median was 0.98.

STU:6IO's Cyclically Adjusted PB Ratio is ranked better than
84.71% of 471 companies
in the Medical Devices & Instruments industry
Industry Median: 2.11 vs STU:6IO: 0.58

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.

Inogen's adjusted book value per share data for the three months ended in Mar. 2024 was €7.498. 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 €12.69 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Inogen Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Inogen'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.

Inogen Cyclically Adjusted PB Ratio Chart

Inogen 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 - - - 1.57 0.40

Inogen 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 0.98 0.90 0.39 0.40 0.58

Competitive Comparison of Inogen's Cyclically Adjusted PB Ratio

For the Medical Devices subindustry, Inogen'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.


Inogen's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Inogen's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Inogen 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.50/12.69
=0.59

* 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.

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

For example, Inogen'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)
=7.498/131.7762*131.7762
=7.498

Current CPI (Mar. 2024) = 131.7762.

Inogen Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.471 100.560 5.859
201409 4.794 100.428 6.290
201412 5.027 99.070 6.687
201503 5.873 99.621 7.769
201506 5.891 100.684 7.710
201509 5.910 100.392 7.758
201512 6.219 99.792 8.212
201603 6.243 100.470 8.188
201606 6.541 101.688 8.476
201609 6.870 101.861 8.888
201612 8.466 101.863 10.952
201703 8.767 102.862 11.231
201706 8.929 103.349 11.385
201709 8.904 104.136 11.267
201712 9.146 104.011 11.587
201803 9.417 105.290 11.786
201806 10.716 106.317 13.282
201809 11.608 106.507 14.362
201812 12.529 105.998 15.576
201903 12.989 107.251 15.959
201906 13.468 108.070 16.422
201909 14.164 108.329 17.230
201912 14.078 108.420 17.111
202003 14.258 108.902 17.253
202006 14.130 108.767 17.119
202009 13.532 109.815 16.238
202012 12.986 109.897 15.571
202103 13.369 111.754 15.764
202106 13.635 114.631 15.674
202109 14.624 115.734 16.651
202112 14.414 117.630 16.147
202203 14.246 121.301 15.476
202206 14.751 125.017 15.549
202209 15.460 125.227 16.269
202212 12.238 125.222 12.879
202303 11.363 127.348 11.758
202306 10.935 128.729 11.194
202309 9.272 129.860 9.409
202312 8.187 129.419 8.336
202403 7.498 131.776 7.498

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.


Inogen  (STU:6IO) 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.


Inogen Cyclically Adjusted PB Ratio Related Terms

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


Inogen (STU:6IO) Business Description

Traded in Other Exchanges
Address
301 Coromar Drive, Goleta, CA, USA, 93117
Inogen Inc is a medical technology company that develops and manufactures portable oxygen concentrators used to deliver oxygen therapy to patients with chronic respiratory conditions. Its key product, the Inogen One system, is a lightweight alternative to traditional, stationary oxygen concentrator systems and oxygen tanks. The firm sells its products to home medical equipment providers and also rents products directly to patients. Internationally, Inogen sells its products through distributors or large gas companies and home oxygen providers. Inogen generates the majority of its revenue in the United States.

Inogen (STU:6IO) Headlines

No Headlines