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Loral Spacemmunications (FRA:1L8) Cyclically Adjusted PB Ratio : (As of May. 26, 2024)


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What is Loral Spacemmunications Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Loral Spacemmunications Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Loral Spacemmunications'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.

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Loral Spacemmunications Cyclically Adjusted PB Ratio Chart

Loral Spacemmunications Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PB Ratio
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Loral Spacemmunications Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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Competitive Comparison of Loral Spacemmunications's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Loral Spacemmunications'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.


Loral Spacemmunications's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Loral Spacemmunications's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Loral Spacemmunications 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.

Loral Spacemmunications's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2021 is calculated as:

For example, Loral Spacemmunications's adjusted Book Value per Share data for the three months ended in Sep. 2021 was:

Adj_Book=Book Value per Share/CPI of Sep. 2021 (Change)*Current CPI (Sep. 2021)
=6.63/115.7343*115.7343
=6.630

Current CPI (Sep. 2021) = 115.7343.

Loral Spacemmunications Quarterly Data

Book Value per Share CPI Adj_Book
201112 23.508 95.213 28.575
201203 13.189 96.783 15.772
201206 13.792 96.819 16.486
201209 15.163 97.633 17.974
201212 4.618 96.871 5.517
201303 4.382 98.209 5.164
201306 4.030 98.518 4.734
201309 4.727 98.790 5.538
201312 4.909 98.326 5.778
201403 4.533 99.695 5.262
201406 5.886 100.560 6.774
201409 5.477 100.428 6.312
201412 4.607 99.070 5.382
201503 2.786 99.621 3.237
201506 3.250 100.684 3.736
201509 3.182 100.392 3.668
201512 3.220 99.792 3.734
201603 4.106 100.470 4.730
201606 5.217 101.688 5.938
201609 5.160 101.861 5.863
201612 5.223 101.863 5.934
201703 7.359 102.862 8.280
201706 6.948 103.349 7.781
201709 6.880 104.136 7.646
201712 7.938 104.011 8.833
201803 7.339 105.290 8.067
201806 7.776 106.317 8.465
201809 8.915 106.507 9.687
201812 8.456 105.998 9.233
201903 9.432 107.251 10.178
201906 10.336 108.070 11.069
201909 10.310 108.329 11.015
201912 10.184 108.420 10.871
202003 7.606 108.902 8.083
202006 4.198 108.767 4.467
202009 5.220 109.815 5.501
202012 5.568 109.897 5.864
202103 6.475 111.754 6.706
202106 6.926 114.631 6.993
202109 6.630 115.734 6.630

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.


Loral Spacemmunications  (FRA:1L8) 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.


Loral Spacemmunications Cyclically Adjusted PB Ratio Related Terms

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Loral Spacemmunications (FRA:1L8) Business Description

Traded in Other Exchanges
N/A
Address
600 Fifth Avenue, New York, NY, USA, 10020
Loral Space & Communications Inc is a provider of satellite-based communications services. The firm generates revenue from two main sources: broadcast services and enterprise services. The former includes video distribution and contribution for broadcasters and cable networks. The latter offers telecommunication carrier and integrator services, two-way Internet services, and maritime and aeronautical services for carriers, and communications providers. A large majority of the firm's revenue is generated in the United States and Canada, with the rest coming from Latin America, Europe, and the Middle East and Africa.

Loral Spacemmunications (FRA:1L8) Headlines

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