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Inseego (Inseego) Cyclically Adjusted PS Ratio : 0.21 (As of May. 29, 2024)


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What is Inseego Cyclically Adjusted PS Ratio?

As of today (2024-05-29), Inseego's current share price is $8.44. Inseego's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $39.34. Inseego's Cyclically Adjusted PS Ratio for today is 0.21.

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

INSG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.29   Max: 3.02
Current: 0.22

During the past years, Inseego's highest Cyclically Adjusted PS Ratio was 3.02. The lowest was 0.04. And the median was 0.29.

INSG's Cyclically Adjusted PS Ratio is ranked better than
90.07% of 1923 companies
in the Hardware industry
Industry Median: 1.07 vs INSG: 0.22

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Inseego's adjusted revenue per share data for the three months ended in Mar. 2024 was $3.789. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $39.34 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Inseego Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Inseego's Cyclically Adjusted PS 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.

Inseego Cyclically Adjusted PS Ratio Chart

Inseego Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 2.36 1.02 0.17 0.05

Inseego Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS 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 0.12 0.14 0.10 0.05 0.07

Competitive Comparison of Inseego's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Inseego's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Inseego's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Inseego's Cyclically Adjusted PS Ratio falls into.



Inseego Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Inseego's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.44/39.34
=0.21

* 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.

Inseego's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Inseego's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.789/131.7762*131.7762
=3.789

Current CPI (Mar. 2024) = 131.7762.

Inseego Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 10.860 100.560 14.231
201409 11.614 100.428 15.239
201412 12.267 99.070 16.317
201503 11.564 99.621 15.297
201506 9.675 100.684 12.663
201509 9.835 100.392 12.910
201512 10.959 99.792 14.471
201603 12.572 100.470 16.489
201606 11.714 101.688 15.180
201609 11.299 101.861 14.617
201612 9.641 101.863 12.472
201703 9.636 102.862 12.345
201706 10.335 103.349 13.178
201709 9.739 104.136 12.324
201712 7.704 104.011 9.761
201803 7.696 105.290 9.632
201806 7.981 106.317 9.892
201809 7.085 106.507 8.766
201812 7.608 105.998 9.458
201903 6.529 107.251 8.022
201906 7.089 108.070 8.644
201909 7.884 108.329 9.590
201912 6.503 108.420 7.904
202003 6.255 108.902 7.569
202006 8.362 108.767 10.131
202009 9.206 109.815 11.047
202012 8.690 109.897 10.420
202103 5.682 111.754 6.700
202106 6.382 114.631 7.337
202109 6.402 115.734 7.289
202112 6.927 117.630 7.760
202203 5.810 121.301 6.312
202206 5.754 125.017 6.065
202209 6.419 125.227 6.755
202212 4.893 125.222 5.149
202303 4.677 127.348 4.840
202306 4.821 128.729 4.935
202309 4.153 129.860 4.214
202312 3.619 129.419 3.685
202403 3.789 131.776 3.789

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


Inseego  (NAS:INSG) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Inseego Cyclically Adjusted PS Ratio Related Terms

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


Inseego (Inseego) Business Description

Industry
Traded in Other Exchanges
Address
9710 Scranton Road, Suite 200, Suite 200, CA, USA, 92121
Inseego Corp is into the design and development of fixed and mobile wireless solutions (advanced 4G and 5G NR), Industrial Internet of Things and cloud solutions for enterprises, service providers, small and medium-sized businesses, governments, and consumers around the globe. The product portfolio consists of fixed and mobile device-to-cloud solutions that provide secure end-to-end IoT services with deep business intelligence. The Company's products and services include intelligent mobile hotspots, wireless routers for IoT applications, USB modems, integrated telematics and mobile tracking hardware devices, which are supported by applications software and cloud services designed to enable customers to easily analyze data insights and configure and manage their hardware.
Executives
Tavistock Financial, Llc 10 percent owner 9350 CONROY WINDERMERE ROAD, WINDERMERE FL 34786
Joseph Lewis 10 percent owner PO BOX N7776, LYFORD BAHAMAS
Philip G Brace director LSI LOGIC CORP, 1621 BARBER LANE, MILPITAS CA 95035
Steven Gatoff officer: Chief Financial Officer C/O INSEEGO CORP, 9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Dan Mondor officer: President and CEO 4375 RIVER GREEN PARKWAY, SUITE 100, DULUTH GA 30096
Ashish Sharma officer: President IoT & Mobile 9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Christopher H. Lytle director 9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Robert G Barbieri officer: Chief Financial Officer 380 ST. PETER STREET, ST. PAUL MN 55102
Stephanie Lynne Bowers director 9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Doug Kahn officer: EVP of Operations 9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Wei Ding officer: VP Accounting, Controller 9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Craig L Foster officer: Chief Financial Officer 2580 ORCHARD PARKWAY, SAN JOSE CA 95131
Braslyn Ltd. 10 percent owner CAY HOUSE, EP TAYLOR DRIVE N7776, LYFORD CAY, NEW PROVIDENCE C5 00000
Brian Miller director, 10 percent owner 115 EAST PUTNAM AVENUE, GREENWICH CT 06830
Stephen M Smith officer: Chief Financial Officer