Inventionmed (WAR:INM) Cyclically Adjusted PB Ratio: 1.04 (As of Aug. 05, 2026) — 13% Below Median

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WAR:INM Inventionmed SA WAR:INM
19 GF Score
Price zł0.10
! 7 Warning Signs
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What is Inventionmed Cyclically Adjusted PB Ratio?

Inventionmed WAR:INM -0.48% 19 Cyclically Adjusted PB Ratio is 1.04 as of Aug. 05, 2026, which is 13% below its 10-year median of 1.19. GuruFocus rates WAR:INM with a GF Score™ of 19/100. The stock has 7 warning signs investors should review. Among 521 Medical Devices & Instruments companies, Inventionmed ranks better than 68.14% on this metric.

As of today (2026-08-05), Inventionmed's current share price is zł0.1035. Inventionmed's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł0.10. Inventionmed's Cyclically Adjusted PB Ratio for today is 1.04.

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

WAR:INM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.87   Med: 1.19   Max: 1.81
Current: 1.01

During the past years, Inventionmed's highest Cyclically Adjusted PB Ratio was 1.81. The lowest was 0.87. And the median was 1.19.

WAR:INM's Cyclically Adjusted PB Ratio is ranked better than
68.14% of 521 companies
in the Medical Devices & Instruments industry
Industry Median: 1.77 vs WAR:INM: 1.01

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.

Inventionmed's adjusted book value per share data for the three months ended in Mar. 2026 was zł0.002. 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 zł0.10 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Inventionmed  (WAR:INM) 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.


Inventionmed Cyclically Adjusted PB Ratio Related Terms


Inventionmed Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Inventionmed'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.

Inventionmed Cyclically Adjusted PB Ratio Chart

Inventionmed 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 0.00 0.49 0.98 1.75 1.06

Inventionmed 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 1.53 1.59 1.51 1.06 1.03

WAR:INM vs ABT, SYK, MDT: Cyclically Adjusted PB Ratio Comparison

For the Medical Devices subindustry, Inventionmed'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.


Inventionmed Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

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

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


WAR:INM
19GF Score
Inventionmed SA WAR:INM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Inventionmed 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.1035/0.10
=1.04

* 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.

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

For example, Inventionmed'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)
=0.002/163.0700*163.0700
=0.002

Current CPI (Mar. 2026) = 163.0700.

Inventionmed Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.076 99.552 0.124
201609 0.075 99.064 0.123
201612 0.074 100.366 0.120
201703 0.074 101.018 0.119
201706 0.074 101.180 0.119
201709 0.078 101.343 0.126
201712 0.077 102.564 0.122
201803 0.091 102.564 0.145
201806 0.088 103.378 0.139
201809 0.088 103.378 0.139
201812 0.084 103.785 0.132
201903 0.084 104.274 0.131
201906 0.082 105.983 0.126
201909 0.077 105.983 0.118
201912 0.077 107.123 0.117
202003 0.078 109.076 0.117
202006 0.075 109.402 0.112
202009 0.053 109.320 0.079
202012 0.132 109.565 0.196
202103 0.130 112.658 0.188
202106 0.130 113.960 0.186
202109 0.129 115.588 0.182
202112 0.129 119.088 0.177
202203 0.127 125.031 0.166
202206 0.126 131.705 0.156
202209 0.124 135.531 0.149
202212 0.039 139.113 0.046
202303 0.140 145.950 0.156
202306 0.040 147.009 0.044
202309 0.039 146.113 0.044
202312 0.029 147.741 0.032
202403 0.023 149.044 0.025
202406 0.019 150.997 0.021
202409 0.014 153.439 0.015
202412 0.008 154.660 0.008
202503 0.004 157.021 0.004
202506 0.001 157.509 0.001
202509 0.002 158.000 0.002
202512 0.004 158.320 0.004
202603 0.002 163.070 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.

What does a Cyclically Adjusted PB Ratio of 1.04 mean?
Inventionmed (WAR:INM) has a Cyclically Adjusted PB Ratio of 1.04 as of Aug. 05, 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 Inventionmed and its competitors. This is 13% below median its historical median of 1.19. Over the past decade, Inventionmed's Cyclically Adjusted PB Ratio has ranged from 0.87 to 1.81. According to the industry distribution chart, Inventionmed ranks #166 out of 521 companies in the Medical Devices & Instruments industry, placing it in the top 31.9%.
Is Inventionmed's Cyclically Adjusted PB Ratio too high?
Inventionmed's current Cyclically Adjusted PB Ratio of 1.04 is 13% below median its 10-year median of 1.19. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 1.81. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.77. Inventionmed's value of 1.04 is 41.2% below this industry median. Based on the distribution chart, Inventionmed ranks #166 out of 521 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Inventionmed has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Inventionmed's Cyclically Adjusted PB Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Inventionmed ranks #166 out of 521 companies for Cyclically Adjusted PB Ratio. This puts Inventionmed in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.77. Inventionmed's value of 1.04 is 41.2% below this benchmark. Historically, Inventionmed's own Cyclically Adjusted PB Ratio has ranged from 0.87 to 1.81 over the past decade. While the company's 10-year median is 1.19 vs. the industry median of 1.77, Inventionmed 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 1.77, based on 521 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. Inventionmed's current Cyclically Adjusted PB Ratio of 1.04 is 41.2% 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 Inventionmed and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inventionmed's current Cyclically Adjusted PB Ratio is 1.04, which is 13% below median its own 10-year median of 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inventionmed stock overvalued right now?
Inventionmed (WAR:INM) has a current Cyclically Adjusted PB Ratio of 1.04. The current Cyclically Adjusted PB Ratio is 1.04, which is 13% below median its 10-year median of 1.19 and 41.2% below the Medical Devices & Instruments industry median of 1.77. Inventionmed's overall GF Score™ is 19/100 with 7 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 Inventionmed (WAR:INM), the current Cyclically Adjusted PB Ratio is 1.04 as of Aug. 05, 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.

Inventionmed Business Description

Address Jana Zamoyskiego 2B Street, Bydgoszcz, POL, 85-063
Inventionmed SA focuses on the development of medical simulators based on VR technology for use in education in esthetic and clinical dermatology. The company's project consists of TutorDerm, Double immersion, Virtual Syringe, and others.
19GF Score

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

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