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Gilattellite Networks (Gilattellite Networks) Cyclically Adjusted PB Ratio : 0.99 (As of Apr. 28, 2024)


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What is Gilattellite Networks Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Gilattellite Networks's current share price is $5.14. Gilattellite Networks's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $5.17. Gilattellite Networks's Cyclically Adjusted PB Ratio for today is 0.99.

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

GILT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 1.09   Max: 4.05
Current: 0.99

During the past years, Gilattellite Networks's highest Cyclically Adjusted PB Ratio was 4.05. The lowest was 0.55. And the median was 1.09.

GILT's Cyclically Adjusted PB Ratio is ranked better than
68.41% of 1833 companies
in the Hardware industry
Industry Median: 1.57 vs GILT: 0.99

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 Dec. 2023 was $4.818. 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 $5.17 for the trailing ten years ended in Dec. 2023.

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
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.11 0.97 1.19 1.23 1.18

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
=5.14/5.17
=0.99

* 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 Dec. 2023 is calculated as:

For example, Gilattellite Networks's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=4.818/129.4194*129.4194
=4.818

Current CPI (Dec. 2023) = 129.4194.

Gilattellite Networks Quarterly Data

Book Value per Share CPI Adj_Book
201403 5.232 99.695 6.792
201406 5.227 100.560 6.727
201409 5.137 100.428 6.620
201412 5.195 99.070 6.786
201503 5.044 99.621 6.553
201506 4.787 100.684 6.153
201509 4.079 100.392 5.258
201512 3.960 99.792 5.136
201603 4.299 100.470 5.538
201606 4.650 101.688 5.918
201609 3.768 101.861 4.787
201612 3.843 101.863 4.883
201703 3.847 102.862 4.840
201706 3.891 103.349 4.873
201709 3.920 104.136 4.872
201712 3.989 104.011 4.963
201803 4.059 105.290 4.989
201806 4.072 106.317 4.957
201809 4.233 106.507 5.144
201812 4.333 105.998 5.290
201903 3.975 107.251 4.797
201906 4.025 108.070 4.820
201909 4.124 108.329 4.927
201912 4.570 108.420 5.455
202003 4.320 108.902 5.134
202006 4.268 108.767 5.078
202009 4.056 109.815 4.780
202012 4.507 109.897 5.308
202103 4.037 111.754 4.675
202106 4.047 114.631 4.569
202109 4.054 115.734 4.533
202112 4.392 117.630 4.832
202203 4.364 121.301 4.656
202206 4.341 125.017 4.494
202209 4.391 125.227 4.538
202212 4.312 125.222 4.457
202303 4.415 127.348 4.487
202306 4.504 128.729 4.528
202309 4.689 129.860 4.673
202312 4.818 129.419 4.818

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  (NAS: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 (Gilattellite Networks) 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.