GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Inseego Corp (STU:INO0) » Definitions » Cyclically Adjusted PB Ratio

Inseego (STU:INO0) Cyclically Adjusted PB Ratio : (As of Jun. 14, 2024)


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

What is Inseego Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

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
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 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 Mar. 2024 is calculated as:

For example, Inseego'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)
=-8.301/131.7762*131.7762
=-8.301

Current CPI (Mar. 2024) = 131.7762.

Inseego Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.454 100.560 5.837
201409 4.407 100.428 5.783
201412 5.416 99.070 7.204
201503 5.956 99.621 7.878
201506 11.192 100.684 14.648
201509 8.358 100.392 10.971
201512 5.255 99.792 6.939
201603 3.679 100.470 4.825
201606 3.483 101.688 4.514
201609 1.273 101.861 1.647
201612 -3.097 101.863 -4.006
201703 -4.390 102.862 -5.624
201706 -5.576 103.349 -7.110
201709 -7.042 104.136 -8.911
201712 -6.565 104.011 -8.317
201803 -6.734 105.290 -8.428
201806 -9.251 106.317 -11.466
201809 -3.881 106.507 -4.802
201812 -4.324 105.998 -5.376
201903 -3.652 107.251 -4.487
201906 -4.176 108.070 -5.092
201909 -4.350 108.329 -5.292
201912 -4.088 108.420 -4.969
202003 2.624 108.902 3.175
202006 -3.829 108.767 -4.639
202009 -2.332 109.815 -2.798
202012 -2.300 109.897 -2.758
202103 -0.120 111.754 -0.141
202106 -0.718 114.631 -0.825
202109 -1.242 115.734 -1.414
202112 -2.087 117.630 -2.338
202203 -2.891 121.301 -3.141
202206 -3.840 125.017 -4.048
202209 -5.226 125.227 -5.499
202212 -6.102 125.222 -6.421
202303 -6.210 127.348 -6.426
202306 -5.593 128.729 -5.725
202309 -7.269 129.860 -7.376
202312 -8.001 129.419 -8.147
202403 -8.301 131.776 -8.301

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  (STU:INO0) 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 (STU:INO0) 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.

Inseego (STU:INO0) Headlines

No Headlines