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Invacare (Invacare) Cyclically Adjusted PB Ratio : 0.00 (As of May. 05, 2024)


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What is Invacare Cyclically Adjusted PB Ratio?

As of today (2024-05-05), Invacare's current share price is $0.0135. Invacare's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 was $14.52. Invacare's Cyclically Adjusted PB Ratio for today is 0.00.

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

During the past years, Invacare's highest Cyclically Adjusted PB Ratio was 1.09. The lowest was 0.02. And the median was 0.60.

IVCRQ's Cyclically Adjusted PB Ratio is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 2.14
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Invacare's adjusted book value per share data for the three months ended in Mar. 2023 was $1.209. 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 $14.52 for the trailing ten years ended in Mar. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Invacare Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Invacare'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.

Invacare Cyclically Adjusted PB Ratio Chart

Invacare Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.51 0.54 0.17 0.03

Invacare Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.09 0.08 0.05 0.03 -

Competitive Comparison of Invacare's Cyclically Adjusted PB Ratio

For the Medical Instruments & Supplies subindustry, Invacare'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.


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

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

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



Invacare 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0135/14.52
=0.00

* 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.

Invacare's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 is calculated as:

For example, Invacare's adjusted Book Value per Share data for the three months ended in Mar. 2023 was:

Adj_Book=Book Value per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=1.209/127.3478*127.3478
=1.209

Current CPI (Mar. 2023) = 127.3478.

Invacare Quarterly Data

Book Value per Share CPI Adj_Book
201306 19.918 98.518 25.747
201309 20.785 98.790 26.793
201312 20.956 98.326 27.141
201403 20.523 99.695 26.216
201406 20.017 100.560 25.349
201409 18.917 100.428 23.988
201412 17.602 99.070 22.626
201503 15.668 99.621 20.029
201506 15.181 100.684 19.201
201509 15.081 100.392 19.130
201512 14.213 99.792 18.138
201603 14.619 100.470 18.530
201606 14.553 101.688 18.225
201609 14.338 101.861 17.926
201612 13.024 101.863 16.282
201703 12.427 102.862 15.385
201706 12.950 103.349 15.957
201709 13.271 104.136 16.229
201712 12.891 104.011 15.783
201803 12.759 105.290 15.432
201806 11.590 106.317 13.883
201809 11.142 106.507 13.322
201812 10.828 105.998 13.009
201903 10.377 107.251 12.322
201906 9.859 108.070 11.618
201909 9.375 108.329 11.021
201912 9.167 108.420 10.767
202003 8.837 108.902 10.334
202006 8.780 108.767 10.280
202009 9.604 109.815 11.137
202012 9.697 109.897 11.237
202103 8.118 111.754 9.251
202106 8.025 114.631 8.915
202109 6.845 115.734 7.532
202112 6.239 117.630 6.754
202203 5.403 121.301 5.672
202206 4.145 125.017 4.222
202209 2.144 125.227 2.180
202212 2.134 125.222 2.170
202303 1.209 127.348 1.209

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.


Invacare  (OTCPK:IVCRQ) 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.


Invacare Cyclically Adjusted PB Ratio Related Terms

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


Invacare (Invacare) Business Description

Traded in Other Exchanges
N/A
Address
One Invacare Way, Elyria, OH, USA, 44035-4190
Invacare Corp makes and distributes medical equipment used in non-acute care settings. Its products are primarily sold to home medical equipment providers, residential living operators, distributors, and government health services. The firm sells products in three categories: mobility and seating, lifestyle, and respiratory therapy. Its mobility and seating products include power wheelchairs, custom manual wheelchairs, and positioning cushions. Its lifestyle products include manual wheelchairs, crutches, walkers, and homecare beds. Its respiratory products include stationary and portable oxygen concentrators and non-delivery oxygen technology. Invacare receives the largest proportion of revenue from sales in Europe.
Executives
Tenor Opportunity Master Fund, Ltd. 10 percent owner 810 SEVENTH AVENUE, SUITE 1905, NEW YORK NY 10019
Randel G Owen director C/O EMERGENCY MEDICAL SERVICES CORP, 6200 SOUTH SYRACUSE WAY, GREENWOOD VILLAGE CO 80111
Kimberly Herman director 3 HUNTINGTON QUADRANGLE, STE 25, MELVILLE NY 11747
Marec Elden Edgar director 1420 KENSINGTON ROAD, SUITE 220, OAK BROOK IL 60523
Elliot Bossen 10 percent owner 3100 TOWER BLVD, UNIVERSITY TOWER STE 1104, DURHAM NC 27707
Silverback Asset Management Llc 10 percent owner 1414 RALEIGH ROAD, SUITE 250, CHAPEL HILL NC 27517
Peter J. Kuipers director 590 E. MIDDLEFEILD ROAD, MOUNTAIN VIEW CA 94043
Tenor Capital Management Co., L.p. 10 percent owner 810 SEVENTH AVENUE, SUITE 1905, NEW YORK NY 10019
Pm Manager Fund, Spc-segregated Portfolio 33 10 percent owner 190 ELGIN AVE, GEORGE TOWN, GRAND CAYMAN E9 KYI-9005
Dov Gertzulin 10 percent owner C/O DG CAPITAL MANAGEMENT, LLC, 460 PARK AVENUE, 22ND FLOOR, NEW YORK NY 10022
Dg Capital Management, Llc 10 percent owner 460 PARK AVENUE, 22ND FLOOR, NEW YORK NY 10022
Endurant Capital Management Lp 10 percent owner 66 BOVET ROAD, SUITE 353, SAN MATEO CA 94402
Abraham T Han director 51 MIDLAND AVENUE, WYCKOFF NJ 07481
Dg Value Partners Ii Master Fund, Lp 10 percent owner 460 PARK AVENUE, 22ND FLOOR, NEW YORK NY 10022
Quang Minh Pham 10 percent owner 66 BOVET ROAD, SUITE 353, SAN MATEO CA 94402

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