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Inogen (Inogen) Cyclically Adjusted PB Ratio : 0.62 (As of Jun. 09, 2024)


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What is Inogen Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Inogen's current share price is $8.64. Inogen's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $13.93. Inogen's Cyclically Adjusted PB Ratio for today is 0.62.

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

INGN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.98   Max: 3.2
Current: 0.62

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.

INGN's Cyclically Adjusted PB Ratio is ranked better than
84.21% of 475 companies
in the Medical Devices & Instruments industry
Industry Median: 2.1 vs INGN: 0.62

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 $8.150. 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 $13.93 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
=8.64/13.93
=0.62

* 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)
=8.15/131.7762*131.7762
=8.150

Current CPI (Mar. 2024) = 131.7762.

Inogen Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.075 100.560 7.961
201409 6.178 100.428 8.106
201412 6.199 99.070 8.246
201503 6.356 99.621 8.408
201506 6.612 100.684 8.654
201509 6.633 100.392 8.707
201512 6.775 99.792 8.946
201603 6.952 100.470 9.118
201606 7.350 101.688 9.525
201609 7.710 101.861 9.974
201612 8.930 101.863 11.552
201703 9.377 102.862 12.013
201706 10.033 103.349 12.793
201709 10.612 104.136 13.429
201712 10.824 104.011 13.713
201803 11.612 105.290 14.533
201806 12.518 106.317 15.516
201809 13.545 106.507 16.759
201812 14.254 105.998 17.721
201903 14.677 107.251 18.033
201906 15.218 108.070 18.556
201909 15.599 108.329 18.975
201912 15.642 108.420 19.012
202003 15.754 108.902 19.063
202006 15.912 108.767 19.278
202009 15.938 109.815 19.125
202012 15.798 109.897 18.943
202103 15.916 111.754 18.767
202106 16.428 114.631 18.885
202109 17.205 115.734 19.590
202112 16.287 117.630 18.246
202203 15.689 121.301 17.044
202206 15.593 125.017 16.436
202209 15.307 125.227 16.108
202212 12.964 125.222 13.643
202303 12.166 127.348 12.589
202306 11.847 128.729 12.127
202309 9.895 129.860 10.041
202312 8.928 129.419 9.091
202403 8.150 131.776 8.150

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  (NAS:INGN) 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 (Inogen) 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.
Executives
Thomas A. West director C/O INTERSECT, INC., 1555 ADAMS DRIVE, MENLO PARK CA 94025
Stanislav Glezer officer: EVP, Chief Medical Officer C/O INOGEN, INC., 326 BOLLAY DRIVE., GOLETA CA 93117
Jason Somer officer: EVP, Gen. Counsel & Secretary C/O INOGEN, INC., 301 COROMAR DRIVE, GOLETA CA 93117
Glenn S Boehnlein director 2825 AIRVIEW BLVD, KALAMAZOO MI 49002
Mary Kay Ladone director 130 EAST RANDOLPH STREET, SUITE 1000, CHICAGO IL 60601
Kevin M King director C/O AFFYMETRIX, INC., 3420 CENTRAL EXPRESSWAY, SANTA CLARA CA 95051
Kristin A. Caltrider officer: EVP, CFO and Treasurer C/O INOGEN, INC., 301 COROMAR DRIVE, GOLETA CA 93117
Anderson Ray Benjamin M director 1100 NORTH WASHINGTON STREET, DELPHI IN 46923
Michael K. Sergesketter officer: EVP, CFO and Treasurer 301 COROMAR DRIVE, GOLETA CA 93117
Raymond Huggenberger director, officer: See Remarks 326 BOLLAY DRIVE, GOLETA CA 93117
Alison Bauerlein officer: See Remarks 326 BOLLAY DRIVE, GOLETA CA 93117
Brenton Taylor officer: Vice President, Engineering 326 BOLLAY DRIVE, GOLETA CA 93117
Elizabeth Mora director C/O MKS INSTRUMENTS, INC., 2 TECH DRIVE, SUITE 201, ANDOVER MA 01810
George J Parr director BECTON, DICKINSON AND COMPANY, 1 BECTON DRIVE, FRANKLIN LAKES NJ 07417
Byron Myers officer: Vice President, Marketing 326 BOLLAY DRIVE, GOLETA CA 93117