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Cogent Communications Holdings (NAS:CCOI) 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.
Cogent Communications Holdings Cyclically Adjusted PB Ratio Related Terms
Cogent Communications Holdings Cyclically Adjusted PB Ratio Historical Data
* 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.
Cogent Communications Holdings Cyclically Adjusted PB Ratio Chart
CCOI vs SHEN, GOGO, ATNI: Cyclically Adjusted PB Ratio Comparison
For the Telecom Services subindustry, Cogent Communications Holdings'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.
Cogent Communications Holdings Cyclically Adjusted PB Ratio vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Cogent Communications Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Cogent Communications Holdings's Cyclically Adjusted PB Ratio falls into.
Cogent Communications Holdings 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.
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.
Is Cogent Communications Holdings (CCOI) Overvalued in 2026?
Based on GuruFocus' analysis, Cogent Communications Holdings stock appears to be undervalued.
The current stock price of $10.91 is trading 83.2% below its estimated GF Value™ of $64.78.
GuruFocus considers Cogent Communications Holdings to be Possible Value Trap.
Key valuation signals for CCOI:
Cyclically Adjusted PB Ratio:
GF Value™: $64.78 vs. price of $10.91 (83.2% below fair value)
No single metric tells the full story. See the CCOI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cogent carries over one-fifth of the world's internet traffic on its network, providing high-capacity services to businesses. Cogent's corporate customers are in high-rise office buildings, where the firm provides two types of connections: dedicated internet access, which connects them to the internet, and virtual private networking, which offers an internal network for employees in different locations. Cogent's corporate customers are exclusively in North America and account for nearly half of the firm's revenue. Cogent's netcentric customers include internet service providers and content providers, to which Cogent provides internet transit. They hand traffic to Cogent in data centers and rely on Cogent to deliver it. About half of netcentric revenue is from outside the US.
62GF Score
Get the complete analysis for CCOI
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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