InspireMD (STU:II2) Cyclically Adjusted PB Ratio: 0.01 (As of Jul. 13, 2026) — 50% Below Median


STU:II2 InspireMD Inc STU:II2
47 GF Score
Price €0.63
GF Value €1.49
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is InspireMD Cyclically Adjusted PB Ratio?

InspireMD STU:II2 +2.46% 47 Cyclically Adjusted PB Ratio is 0.01 as of Jul. 13, 2026, which is 50% below its 10-year median of 0.02. GuruFocus rates STU:II2 with a GF Score™ of 47/100 and a GF Value™ of €1.49 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 524 Medical Devices & Instruments companies, InspireMD ranks better than 99.81% on this metric.

As of today (2026-07-13), InspireMD's current share price is €0.625. InspireMD's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €96.79. InspireMD's Cyclically Adjusted PB Ratio for today is 0.01.

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

STU:II2' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 0.31
Current: 0.01

During the past years, InspireMD's highest Cyclically Adjusted PB Ratio was 0.31. The lowest was 0.01. And the median was 0.02.

STU:II2's Cyclically Adjusted PB Ratio is ranked better than
99.81% of 524 companies
in the Medical Devices & Instruments industry
Industry Median: 1.8 vs STU:II2: 0.01

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.

InspireMD's adjusted book value per share data for the three months ended in Mar. 2026 was €0.806. 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 €96.79 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


InspireMD  (STU:II2) 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.


InspireMD Cyclically Adjusted PB Ratio Related Terms


InspireMD Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for InspireMD'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.

InspireMD Cyclically Adjusted PB Ratio Chart

InspireMD Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.01 0.02 0.02 0.02

InspireMD Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.02 0.02 0.02 0.02 0.01

STU:II2 vs TELA, BDMD, PAVM: Cyclically Adjusted PB Ratio Comparison

For the Medical Devices subindustry, InspireMD'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.


InspireMD Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

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

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


STU:II2
47GF Score
InspireMD Inc STU:II2
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

InspireMD 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.625/96.79
=0.01

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.806/330.2130*330.2130
=0.806

Current CPI (Mar. 2026) = 330.2130.

InspireMD Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 241.018 0.000
201609 0.000 241.428 0.000
201612 0.000 241.432 0.000
201703 0.000 243.801 0.000
201706 0.000 244.955 0.000
201709 0.000 246.819 0.000
201712 1,152.000 246.524 1,543.076
201803 169.400 249.554 224.152
201806 389.778 251.989 510.775
201809 191.551 252.439 250.566
201812 151.039 251.233 198.521
201903 293.588 254.202 381.376
201906 53.043 256.143 68.382
201909 31.174 256.759 40.092
201912 18.563 256.974 23.854
202003 10.889 258.115 13.931
202006 5.276 257.797 6.758
202009 3.984 260.280 5.054
202012 3.044 260.474 3.859
202103 4.702 264.877 5.862
202106 4.282 271.696 5.204
202109 3.988 274.310 4.801
202112 3.577 278.802 4.237
202203 3.242 287.504 3.724
202206 2.926 296.311 3.261
202209 2.650 296.808 2.948
202212 1.971 296.797 2.193
202303 1.506 301.836 1.648
202306 2.039 305.109 2.207
202309 1.894 307.789 2.032
202312 1.658 306.746 1.785
202403 1.379 312.332 1.458
202406 1.724 314.175 1.812
202409 1.449 315.301 1.518
202412 1.295 315.605 1.355
202503 0.881 319.799 0.910
202506 0.539 322.561 0.552
202509 1.303 324.800 1.325
202512 1.083 324.054 1.104
202603 0.806 330.213 0.806

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 0.01 mean?
InspireMD (STU:II2) has a Cyclically Adjusted PB Ratio of 0.01 as of Jul. 13, 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 InspireMD and its competitors. This is 50% below median its historical median of 0.02. Over the past decade, InspireMD's Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.31. According to the industry distribution chart, InspireMD ranks #1 out of 524 companies in the Medical Devices & Instruments industry, placing it in the top 0.2%.
Is InspireMD's Cyclically Adjusted PB Ratio too high?
InspireMD's current Cyclically Adjusted PB Ratio of 0.01 is 50% below median its 10-year median of 0.02. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.31. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.80. InspireMD's value of 0.01 is 99.4% below this industry median. Based on the distribution chart, InspireMD ranks #1 out of 524 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, InspireMD has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does InspireMD's Cyclically Adjusted PB Ratio compare to TELA and BDMD?
According to the Medical Devices & Instruments industry distribution chart, InspireMD ranks #1 out of 524 companies for Cyclically Adjusted PB Ratio. This places InspireMD in the top 0% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.80. InspireMD's value of 0.01 is 99.4% below this benchmark. Historically, InspireMD's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.31 over the past decade. While the company's 10-year median is 0.02 vs. the industry median of 1.80, InspireMD 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PB Ratio among Medical Devices & Instruments companies is 1.80, based on 524 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. InspireMD's current Cyclically Adjusted PB Ratio of 0.01 is 99.4% 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 InspireMD and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. InspireMD's current Cyclically Adjusted PB Ratio is 0.01, which is 50% below median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is InspireMD stock overvalued right now?
Based on GuruFocus' analysis, InspireMD (STU:II2) is currently considered Possible Value Trap. The stock's GF Value™ is €1.49, compared to a current price of €0.63 — trading 58.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.01, which is 50% below median its 10-year median of 0.02 and 99.4% below the Medical Devices & Instruments industry median of 1.80. InspireMD's overall GF Score™ is 47/100 with 3 warning signs to review. 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 InspireMD (STU:II2), the current Cyclically Adjusted PB Ratio is 0.01 as of Jul. 13, 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.

Is InspireMD (STU:II2) Overvalued in 2026?

Based on GuruFocus' analysis, InspireMD stock appears to be undervalued. The current stock price of €0.63 is trading 58.1% below its estimated GF Value™ of €1.49. GuruFocus considers InspireMD to be Possible Value Trap.

Key valuation signals for STU:II2:

  • Cyclically Adjusted PB Ratio: 0.01 (50% below median its 10-year median of 0.02)
  • GF Value™: €1.49 vs. price of €0.63 (58.1% below fair value)
  • GF Score™: 47/100 with 3 warning signs
  • Industry Position: 99.4% below the Medical Devices & Instruments median (#1 of 524)

No single metric tells the full story. See the STU:II2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


InspireMD Business Description

Other Exchanges NSPR:USA
Address 6303 Waterford District Drive, Suite 215, Miami, FL, USA, 33126
InspireMD Inc is a United States-based medical device company. It is focused on the development and commercialization of proprietary MicroNet stent platform technology for the treatment of complex vascular and coronary disease. The products of the company are the CGuard carotid Embolic Prevention System (CGuard EPS) and the MGuard Prime Embolic Protection System. It generates the majority of the revenue from the sales of CGuard EPS, which combines MicroNet and a self-expandable nitinol stent in a single device for use in carotid artery applications. The Company has one operating and reporting segment that develops, manufactures, and markets products for the treatment of carotid artery disease and other vascular diseases, including the Company's proprietary CGuard stent platform.
47GF Score

Get the complete analysis for STU:II2

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.63
Price
€1.49
GF Value