Viasat (FRA:VS1) Cyclically Adjusted Book per Share: €33.50 (As of Mar. 2026)


FRA:VS1 Viasat Inc FRA:VS1
59 GF Score
Price €65.00
GF Value €16.81
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Viasat Cyclically Adjusted Book per Share?

Viasat FRA:VS1 -9.23% 59 Cyclically Adjusted Book per Share is €33.50 as of Mar. 2026. GuruFocus rates FRA:VS1 with a GF Score™ of 59/100 and a GF Value™ of €16.81 (Significantly Overvalued). The stock has 4 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Viasat's adjusted book value per share for the three months ended in Mar. 2026 was €29.520. 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 €33.50 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Viasat's average Cyclically Adjusted Book Growth Rate was 4.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Viasat was 16.70% per year. The lowest was 5.60% per year. And the median was 9.30% per year.

As of today (2026-07-09), Viasat's current stock price is €65.00. Viasat's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €33.50. Viasat's Cyclically Adjusted PB Ratio of today is 1.94.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Viasat was 4.10. The lowest was 0.19. And the median was 1.55.


Viasat  (FRA:VS1) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Viasat's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=65.00/33.50
=1.94

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Viasat was 4.10. The lowest was 0.19. And the median was 1.55.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Viasat Cyclically Adjusted Book per Share Related Terms


Viasat Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Viasat's Cyclically Adjusted Book per Share 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.

Viasat Cyclically Adjusted Book per Share Chart

Viasat Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.65 30.59 34.53 37.08 33.50

Viasat Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 37.08 33.59 32.30 33.44 33.50

FRA:VS1 vs AAOI, VIAV, ZBRA: Cyclically Adjusted Book per Share Comparison

For the Communication Equipment subindustry, Viasat'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.


Viasat Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


FRA:VS1
59GF Score
Viasat Inc FRA:VS1
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Viasat Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Viasat's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=29.52/330.2130*330.2130
=29.520

Current CPI (Mar. 2026) = 330.2130.

Viasat Quarterly Data

Book Value per Share CPI Adj_Book
201606 20.992 241.018 28.761
201609 21.509 241.428 29.419
201612 28.165 241.432 38.522
201703 28.157 243.801 38.137
201706 28.035 244.955 37.793
201709 26.592 246.819 35.577
201712 26.308 246.524 35.239
201803 25.294 249.554 33.469
201806 27.069 251.989 35.472
201809 26.934 252.439 35.232
201812 27.332 251.233 35.924
201903 27.884 254.202 36.222
201906 28.354 256.143 36.553
201909 29.465 256.759 37.894
201912 29.066 256.974 37.350
202003 29.529 258.115 37.777
202006 29.207 257.797 37.411
202009 28.664 260.280 36.366
202012 27.823 260.474 35.272
202103 28.823 264.877 35.933
202106 29.660 271.696 36.048
202109 30.513 274.310 36.731
202112 31.340 278.802 37.119
202203 32.132 287.504 36.905
202206 33.217 296.311 37.017
202209 34.696 296.808 38.601
202212 31.998 296.797 35.601
202303 46.441 301.836 50.807
202306 44.191 305.109 47.827
202309 39.066 307.789 41.912
202312 37.340 306.746 40.197
202403 36.738 312.332 38.841
202406 36.577 314.175 38.444
202409 34.635 315.301 36.273
202412 35.211 315.605 36.841
202503 32.350 319.799 33.403
202506 29.478 322.561 30.177
202509 28.496 324.800 28.971
202512 28.734 324.054 29.280
202603 29.520 330.213 29.520

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of €33.50 mean?
Viasat (FRA:VS1) has a Cyclically Adjusted Book per Share of €33.50 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Viasat and its competitors.
Is Viasat's Cyclically Adjusted Book per Share too high?
Viasat's current Cyclically Adjusted Book per Share is €33.50. Overall, Viasat has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Viasat's Cyclically Adjusted Book per Share compare to AAOI and VIAV?
Viasat's Cyclically Adjusted Book per Share of €33.50 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Viasat and its competitors. Viasat's current Cyclically Adjusted Book per Share is €33.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viasat stock overvalued right now?
Based on GuruFocus' analysis, Viasat (FRA:VS1) is currently considered Significantly Overvalued. The stock's GF Value™ is €16.81, compared to a current price of €65.00 — trading 286.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is €33.50. Viasat's overall GF Score™ is 59/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Viasat (FRA:VS1), the current Cyclically Adjusted Book per Share is €33.50 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Viasat (FRA:VS1) Overvalued in 2026?

Based on GuruFocus' analysis, Viasat stock appears to be overvalued. The current stock price of €65.00 is trading 286.7% above its estimated GF Value™ of €16.81. GuruFocus considers Viasat to be Significantly Overvalued.

Key valuation signals for FRA:VS1:

  • Cyclically Adjusted Book per Share: €33.50
  • GF Value™: €16.81 vs. price of €65.00 (286.7% above fair value)
  • GF Score™: 59/100 with 4 warning signs

No single metric tells the full story. See the FRA:VS1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Viasat Business Description

Other Exchanges VSAT:USA0LPE:UKVS1:Germany
Address 6155 El Camino Real, Carlsbad, CA, USA, 92009
Viasat Inc is an innovative, global provider of communications technologies and services focused on making connectivity accessible, available and secure for current and future customers world'wide. The company has two reportable segments: communication services and defense and advanced technologies. The company generates majority of revenue from communication services segment provides a wide range of broadband and narrowband communications solutions across government and commercial mobility markets, as well as for residential and enterprise fixed broadband customers. The company has presence in US and Outside US. The company generates majority of revenue from US. Its products are Antennas, Terminals & radios, Modems, Semiconductors, Cybersecurity, Software & services, Home internet.
59GF Score

Get the complete analysis for FRA:VS1

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€65.00
Price
€16.81
GF Value