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Impinj (Impinj) Cyclically Adjusted Book per Share : $1.90 (As of Mar. 2024)


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What is Impinj Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Impinj's adjusted book value per share for the three months ended in Mar. 2024 was $3.107. 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 $1.90 for the trailing ten years ended in Mar. 2024.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-05-15), Impinj's current stock price is $168.06. Impinj's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.90. Impinj's Cyclically Adjusted PB Ratio of today is 88.45.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Impinj was 84.86. The lowest was 35.45. And the median was 58.84.


Impinj Cyclically Adjusted Book per Share Historical Data

The historical data trend for Impinj's Cyclically Adjusted Book per Share 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.

Impinj Cyclically Adjusted Book per Share Chart

Impinj Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.87

Impinj Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 - - 1.43 1.87 1.90

Competitive Comparison of Impinj's Cyclically Adjusted Book per Share

For the Communication Equipment subindustry, Impinj'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.


Impinj's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Impinj's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Impinj Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Impinj'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)
=3.107/129.4194*129.4194
=3.107

Current CPI (Mar. 2024) = 129.4194.

Impinj Quarterly Data

Book Value per Share CPI Adj_Book
201012 -11.924 92.474 -16.688
201103 -12.182 94.283 -16.722
201412 -5.979 99.070 -7.811
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 -6.649 99.792 -8.623
201603 -5.040 100.470 -6.492
201606 -5.191 101.688 -6.607
201609 4.461 101.861 5.668
201612 6.099 101.863 7.749
201703 6.075 102.862 7.643
201706 6.064 103.349 7.594
201709 5.986 104.136 7.439
201712 5.671 104.011 7.056
201803 5.089 105.290 6.255
201806 4.848 106.317 5.901
201809 4.677 106.507 5.683
201812 4.554 105.998 5.560
201903 4.447 107.251 5.366
201906 4.441 108.070 5.318
201909 4.634 108.329 5.536
201912 5.637 108.420 6.729
202003 5.654 108.902 6.719
202006 5.102 108.767 6.071
202009 4.758 109.815 5.607
202012 4.673 109.897 5.503
202103 3.591 111.754 4.159
202106 3.660 114.631 4.132
202109 3.658 115.734 4.091
202112 -0.448 117.630 -0.493
202203 -0.249 121.301 -0.266
202206 -0.441 125.017 -0.457
202209 0.080 125.227 0.083
202212 0.597 125.222 0.617
202303 1.002 127.348 1.018
202306 1.372 128.729 1.379
202309 1.288 129.860 1.284
202312 1.256 129.419 1.256
202403 3.107 129.419 3.107

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Impinj  (NAS:PI) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Impinj's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=168.06/1.9
=88.45

* 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.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Impinj was 84.86. The lowest was 35.45. And the median was 58.84.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Impinj Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Impinj's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Impinj (Impinj) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Impinj Inc (NAS:PI) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
400 Fairview Avenue North, Suite 1200, Seattle, WA, USA, 98109
Impinj Inc operates a platform that enables wireless connectivity to everyday items by delivering each item's identity, location, and authenticity to business and consumer applications. Its platform includes endpoint integrated circuits (ICs) product, a miniature radios-on-a-chip, which attach to and identify their host items; and connectivity layer that comprises readers, gateways, and reader ICs to wirelessly identify, locate, authenticate, and engage endpoints via RAIN, as well as provide power to and communicate bidirectionally with endpoint ICs. Geographically, the company has a business presence in the Americas, Asia Pacific, Europe, Middle East and Africa, of which key revenue is derived from the operations in the Asia Pacific region.
Executives
Hussein Mecklai officer: Chief Operating Officer 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Cary Baker officer: Chief Financial Officer 1501 FIRST AVENUE SOUTH, SUITE 600, SEATTLE WA 98134
Jeffrey Dossett officer: EVP, Sales & Marketing 400 FAIRVIEW AVE. N, SUITE 1200, SEATTLE WA 98109
Diorio Chris Ph.d. director, officer: Chief Executive Officer 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Sylebra Capital Ltd 10 percent owner 28 HENNESSY ROAD, 20TH FLOOR, WAN CHAI, HONG KONG K3 00000
Cathal G Phelan director 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Steve Sanghi director 2355 W CHANDLER BLVD, CHANDLER AZ 85224-6199
Miron Washington director 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Gregory Sessler director 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Meera Rao director 1050 ENTERPRISE WAY, SUITE 700, SUNNYVALE CA 94089
Van Oppen Peter H director P O BOX 97057, REDMOND WA 98073-9757
Umesh Padval director BESSEMER VENTURE PARTNERS, 535 MIDDLEFIELD ROAD, SUITE 245, MENLO PARK CA 94025
Daniel Patrick Gibson director, 10 percent owner 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Denise Masters officer: VP Accounting 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Eric Brodersen officer: President and COO 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109