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EchoStar (EchoStar) Cyclically Adjusted PB Ratio : 0.31 (As of May. 14, 2024)


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What is EchoStar Cyclically Adjusted PB Ratio?

As of today (2024-05-14), EchoStar's current share price is $16.75. EchoStar's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $54.76. EchoStar's Cyclically Adjusted PB Ratio for today is 0.31.

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

SATS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.72   Max: 1.36
Current: 0.29

During the past years, EchoStar's highest Cyclically Adjusted PB Ratio was 1.36. The lowest was 0.19. And the median was 0.72.

SATS's Cyclically Adjusted PB Ratio is ranked better than
93.71% of 1861 companies
in the Hardware industry
Industry Median: 1.65 vs SATS: 0.29

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.

EchoStar's adjusted book value per share data for the three months ended in Mar. 2024 was $72.839. 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 $54.76 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


EchoStar Cyclically Adjusted PB Ratio Historical Data

The historical data trend for EchoStar'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.

EchoStar Cyclically Adjusted PB Ratio Chart

EchoStar 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 1.04 0.51 0.60 0.32 0.31

EchoStar 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 0.35 0.33 0.31 0.31 0.26

Competitive Comparison of EchoStar's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, EchoStar'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.


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

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

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



EchoStar 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.

EchoStar's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.75/54.76
=0.31

* 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.

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

For example, EchoStar'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)
=72.839/129.4194*129.4194
=72.839

Current CPI (Mar. 2024) = 129.4194.

EchoStar Quarterly Data

Book Value per Share CPI Adj_Book
201406 37.957 100.560 48.850
201409 38.334 100.428 49.400
201412 38.517 99.070 50.317
201503 38.643 99.621 50.202
201506 39.131 100.684 50.299
201509 39.060 100.392 50.354
201512 39.633 99.792 51.399
201603 40.286 100.470 51.894
201606 40.843 101.688 51.981
201609 41.391 101.861 52.589
201612 41.527 101.863 52.761
201703 40.142 102.862 50.506
201706 40.186 103.349 50.323
201709 40.556 104.136 50.403
201712 43.442 104.011 54.054
201803 43.612 105.290 53.607
201806 43.982 106.317 53.539
201809 44.100 106.507 53.587
201812 43.423 105.998 53.018
201903 43.546 107.251 52.547
201906 43.442 108.070 52.024
201909 37.656 108.329 44.987
201912 37.526 108.420 44.794
202003 36.284 108.902 43.120
202006 35.980 108.767 42.812
202009 36.217 109.815 42.683
202012 36.689 109.897 43.207
202103 37.881 111.754 43.869
202106 39.017 114.631 44.050
202109 39.577 115.734 44.257
202112 38.811 117.630 42.701
202203 40.385 121.301 43.088
202206 40.662 125.017 42.094
202209 41.448 125.227 42.836
202212 258.954 125.222 267.634
202303 42.378 127.348 43.067
202306 42.626 128.729 42.855
202309 42.588 129.860 42.444
202312 73.223 129.419 73.223
202403 72.839 129.419 72.839

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.


EchoStar  (NAS:SATS) 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.


EchoStar Cyclically Adjusted PB Ratio Related Terms

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


EchoStar (EchoStar) Business Description

Industry
Traded in Other Exchanges
Address
100 Inverness Terrace East, Englewood, CO, USA, 80112-5308
Following the Dish Network merger, satellite television provides the bulk of EchoStar's revenue. The firm serves about 7 million U.S. customers, about 10% of the traditional television market. It launched an internet-based television offering under the Sling brand in 2015 and serves about 2 million customers on this platform. EchoStar's future, however, hinges primarily on the wireless business. The firm has amassed an extensive portfolio of spectrum licenses over the past 15 years and is building a nationwide wireless network. It acquired Sprint's prepaid business and serves about 8 million customers, primarily under the Boost brand. EchoStar's legacy businesses provide satellite telecom services and equipment to businesses and consumers, including about 1 million internet customers.
Executives
C Mike Schroeder director 100 INVERNESS TERRACE EAST, ENGLEWOOD CO 80112
Jeffrey R Tarr director DIGITALGLOBE, INC., 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
William David Wade director 11717 EXPLORATION LANE, GERMANTOWN MD 20876
Lisa W. Hershman director PO BOX 1602, SOUTH BEND IN 46634
R Stanton Dodge director ECHOSTAR CORPORATION, 100 INVERNESS TERRACE EAST, ENGLEWOOD CO 80112
Ergen Two-year June 2023 Sats Grat 10 percent owner 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Ergen Two-year June 2022 Sats Grat 10 percent owner 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Ergen Two-year June 2021 Sats Grat 10 percent owner 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Pradman P Kaul director 11717 EXPLORATION LANE, GERMANTOWN MD 20876
Hamid Akhavan officer: CEO and President 1226 EARNESTINE ST., MCLEAN VA 22101
Ergen Two-year March 2022 Sats Grat 10 percent owner 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Veronika Takacs officer: Principal Accounting Officer 11717 EXPLORATION LANE, GERMANTOWN MD 20876
Adrian Morris officer: Chief Technology Officer HUGHES COMMUNICATIONS, INC., 11717 EXPLORATION LANE, GERMANTOWN MD 20876
Ramesh Ramaswamy officer: Executive VP - International 11717 EXPLORATION LANE, GERMANTOWN MD 20876
Michelle Pearre officer: Chief Human Resources Officer 11717 EXPLORATION LANE, GERMANTOWN MD 20876