GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Gilat Satellite Networks Ltd (XTAE:GILT) » Definitions » Cyclically Adjusted PB Ratio

Gilattellite Networks (XTAE:GILT) Cyclically Adjusted PB Ratio : 1.03 (As of Jun. 10, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Gilattellite Networks Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Gilattellite Networks's current share price is ₪20.03. Gilattellite Networks's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₪19.40. Gilattellite Networks's Cyclically Adjusted PB Ratio for today is 1.03.

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

XTAE:GILT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 1.09   Max: 4.06
Current: 1.02

During the past years, Gilattellite Networks's highest Cyclically Adjusted PB Ratio was 4.06. The lowest was 0.55. And the median was 1.09.

XTAE:GILT's Cyclically Adjusted PB Ratio is ranked better than
69.14% of 1899 companies
in the Hardware industry
Industry Median: 1.67 vs XTAE:GILT: 1.02

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.

Gilattellite Networks's adjusted book value per share data for the three months ended in Mar. 2024 was ₪18.530. 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 ₪19.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gilattellite Networks Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gilattellite Networks'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.

Gilattellite Networks Cyclically Adjusted PB Ratio Chart

Gilattellite Networks 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 1.44 1.24 1.34 1.11 1.18

Gilattellite Networks 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 0.97 1.19 1.23 1.18 1.04

Competitive Comparison of Gilattellite Networks's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Gilattellite Networks'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.


Gilattellite Networks's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Gilattellite Networks 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.

Gilattellite Networks's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.03/19.4
=1.03

* 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.

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

For example, Gilattellite Networks'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)
=18.53/131.7762*131.7762
=18.530

Current CPI (Mar. 2024) = 131.7762.

Gilattellite Networks Quarterly Data

Book Value per Share CPI Adj_Book
201406 19.664 100.560 25.768
201409 19.327 100.428 25.360
201412 19.544 99.070 25.996
201503 18.976 99.621 25.101
201506 18.009 100.684 23.570
201509 15.346 100.392 20.144
201512 14.901 99.792 19.677
201603 16.175 100.470 21.215
201606 17.497 101.688 22.674
201609 14.175 101.861 18.338
201612 14.460 101.863 18.706
201703 14.475 102.862 18.544
201706 14.640 103.349 18.667
201709 14.748 104.136 18.663
201712 15.006 104.011 19.012
201803 15.271 105.290 19.113
201806 15.320 106.317 18.989
201809 15.925 106.507 19.703
201812 16.302 105.998 20.267
201903 14.954 107.251 18.374
201906 15.144 108.070 18.466
201909 15.516 108.329 18.874
201912 17.193 108.420 20.897
202003 16.254 108.902 19.668
202006 16.056 108.767 19.453
202009 15.258 109.815 18.309
202012 16.956 109.897 20.332
202103 15.188 111.754 17.909
202106 15.227 114.631 17.504
202109 15.252 115.734 17.366
202112 16.524 117.630 18.511
202203 16.417 121.301 17.835
202206 16.332 125.017 17.215
202209 16.521 125.227 17.385
202212 16.225 125.222 17.074
202303 16.611 127.348 17.189
202306 16.946 128.729 17.347
202309 17.643 129.860 17.903
202312 18.126 129.419 18.456
202403 18.530 131.776 18.530

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.


Gilattellite Networks  (XTAE:GILT) 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.


Gilattellite Networks Cyclically Adjusted PB Ratio Related Terms

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


Gilattellite Networks (XTAE:GILT) Business Description

Traded in Other Exchanges
Address
21 Yegia Kapayim Street, Gilat House, Kiryat Arye, Petah Tikva, ISR, 4913020
Gilat Satellite Networks Ltd is a provider of satellite-based broadband communications. The company designs and manufactures ground-based satellite communications equipment and provides comprehensive solutions and end-to-end services. Its portfolio includes a cloud-based satellite network platform, very small aperture terminals (VSATs), amplifiers, high-speed modems, on-the-move antennas and high-power solid-state power amplifiers (SSPAs), block up converters (BUCs) and Trancievers. The company's solutions support multiple applications with a full portfolio of products to address key applications including broadband access, cellular backhaul, enterprise, in-flight connectivity, maritime, trains, defense and public safety.