GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Integer Holdings Corp (NYSE:ITGR) » Definitions » Cyclically Adjusted PB Ratio

Integer Holdings (Integer Holdings) Cyclically Adjusted PB Ratio : 3.10 (As of May. 31, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Integer Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-31), Integer Holdings's current share price is $121.24. Integer Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $39.12. Integer Holdings's Cyclically Adjusted PB Ratio for today is 3.10.

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

ITGR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.92   Med: 2.43   Max: 3.83
Current: 3.11

During the past years, Integer Holdings's highest Cyclically Adjusted PB Ratio was 3.83. The lowest was 0.92. And the median was 2.43.

ITGR's Cyclically Adjusted PB Ratio is ranked worse than
64.54% of 471 companies
in the Medical Devices & Instruments industry
Industry Median: 2.08 vs ITGR: 3.11

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.

Integer Holdings's adjusted book value per share data for the three months ended in Mar. 2024 was $45.518. 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 $39.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Integer Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Integer Holdings'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.

Integer Holdings Cyclically Adjusted PB Ratio Chart

Integer Holdings 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 3.09 2.90 2.70 1.94 2.60

Integer Holdings 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 2.14 2.39 2.08 2.60 2.98

Competitive Comparison of Integer Holdings's Cyclically Adjusted PB Ratio

For the Medical Devices subindustry, Integer Holdings'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.


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

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

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



Integer Holdings 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.

Integer Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=121.24/39.12
=3.10

* 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.

Integer Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Integer Holdings'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)
=45.518/131.7762*131.7762
=45.518

Current CPI (Mar. 2024) = 131.7762.

Integer Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 23.428 100.560 30.701
201409 23.937 100.428 31.409
201412 24.465 99.070 32.542
201503 24.654 99.621 32.612
201506 25.117 100.684 32.873
201509 25.252 100.392 33.146
201512 27.797 99.792 36.706
201603 23.801 100.470 31.217
201606 23.488 101.688 30.438
201609 24.055 101.861 31.120
201612 23.451 101.863 30.338
201703 23.664 102.862 30.316
201706 24.945 103.349 31.806
201709 26.000 104.136 32.901
201712 28.031 104.011 35.514
201803 28.752 105.290 35.985
201806 28.593 106.317 35.440
201809 32.095 106.507 39.710
201812 32.657 105.998 40.599
201903 32.984 107.251 40.527
201906 34.059 108.070 41.530
201909 34.546 108.329 42.023
201912 35.244 108.420 42.836
202003 35.466 108.902 42.916
202006 35.976 108.767 43.586
202009 37.505 109.815 45.005
202012 38.624 109.897 46.314
202103 38.749 111.754 45.691
202106 39.837 114.631 45.795
202109 40.351 115.734 45.944
202112 40.973 117.630 45.901
202203 41.216 121.301 44.775
202206 41.165 125.017 43.391
202209 40.900 125.227 43.039
202212 42.733 125.222 44.970
202303 42.625 127.348 44.107
202306 43.403 128.729 44.431
202309 43.909 129.860 44.557
202312 45.576 129.419 46.406
202403 45.518 131.776 45.518

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.


Integer Holdings  (NYSE:ITGR) 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.


Integer Holdings Cyclically Adjusted PB Ratio Related Terms

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


Integer Holdings (Integer Holdings) Business Description

Traded in Other Exchanges
Address
5830 Granite Parkway, Suite 1150, Plano, TX, USA, 75024
Integer Holdings Corp is a manufacturer of medical device components used by original equipment manufacturers in the medical industry. The company also develops batteries used in nonmedical applications in the energy, military, and environmental markets. The firm organizes itself into two business segments based on the product type: medical and nonmedical. The medical segment uses the firm's technologies to produce components and finished medical devices, and it generates the vast majority of revenue. The company earns more than half of its revenue in the United States.
Executives
Donald J Spence director C/O OAKMONT ACQUISITION CORP., 33 BLOOMFIELD HILLS PARKWAY, SUITE 240, BLOOMFIELD HILLS MI 48304
Jean M. Hobby director 10000 WEHRLE DRIVE, CLARENCE NY 14031
Jim Stephens officer: President, CRM & Neuro 5830 GRANITE PARKWAY, SUITE 1150, PLANO TX 75024
Diron Smith officer: VP, Interim CFO 5830 GRANITE PARKWAY, SUITE 1150, PLANO TX 75024
Joseph W Dziedzic director 1801 BAYBERRY COURT, RICHMOND VA 23226
Pamela G Bailey director 1200 G ST NW, STE 400, WASHINGTON DC 20005-3814
Jennifer M Bolt officer: President, Electrochem 10000 WEHRLE DRIVE, CLARENCE NY 14031
Carter Houghton officer: President, Electrochem 10000 WEHRLE DRIVE, CLARENCE NY 14031
Andrew Senn officer: SVP, Strategy and Business Dev 5830 GRANITE PARKWAY, SUITE 1150, PLANO TX 75024
Marshall Mcalister C Ii officer: SVP, Gen Counsel & Secretary 1801 BAYBERRY COURT, P.O. BOX 18100, RICHMOND VA 23226
Margaret Carthy officer: SVP, Quality & Regulatory Affa 5830 GRANITE PARKWAY, SUITE 1150, PLANO TX 75024
Joseph F Flanagan officer: EVP, Quality & Regulatory Affa 10000 WEHRLE DRIVE, CLARENCE NY 14031
Bill R Sanford director 2617 BULRUSH LANE, NAPLES FL 34105
Anthony W Borowicz officer: SVP Strategy,Corp Dev., IR 10000 WEHRLE DRIVE, CLARENCE NY 14031
Sheila Antrum director 5830 GRANITE PARKWAY, SUITE 1150, PLANO TX 75024

Integer Holdings (Integer Holdings) Headlines