Gogo (FRA:G0G) Cyclically Adjusted PB Ratio: (As of Aug. 17, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:G0G Gogo Inc FRA:G0G
70 GF Score
Price €2.36
GF Value €14.32
Valuation Possible Value Trap
! 6 Warning Signs
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What is Gogo Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Gogo  (FRA:G0G) 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.


Gogo Cyclically Adjusted PB Ratio Related Terms


Gogo Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Gogo'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.

Gogo Cyclically Adjusted PB Ratio Chart

Gogo Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Gogo Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.00 0.00 0.00

FRA:G0G vs CCOI, SHEN, ATNI: Cyclically Adjusted PB Ratio Comparison

For the Telecom Services subindustry, Gogo'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.


Gogo Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

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

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


FRA:G0G
70GF Score
Gogo Inc FRA:G0G
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gogo 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.

Gogo's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.773/333.9520*333.9520
=0.773

Current CPI (Jun. 2026) = 333.9520.

Gogo Quarterly Data

Book Value per Share CPI Adj_Book
201609 -0.186 241.428 -0.257
201612 -0.444 241.432 -0.614
201703 -0.829 243.801 -1.136
201706 -1.196 244.955 -1.631
201709 -1.504 246.819 -2.035
201712 -1.864 246.524 -2.525
201803 -1.783 249.554 -2.386
201806 -2.236 251.989 -2.963
201809 -2.560 252.439 -3.387
201812 -2.698 251.233 -3.586
201903 -2.862 254.202 -3.760
201906 -3.654 256.143 -4.764
201909 -3.943 256.759 -5.128
201912 -4.068 256.974 -5.287
202003 -5.257 258.115 -6.802
202006 -6.013 257.797 -7.789
202009 -6.446 260.280 -8.271
202012 -6.129 260.474 -7.858
202103 -5.761 264.877 -7.263
202106 -4.368 271.696 -5.369
202109 -4.331 274.310 -5.273
202112 -2.557 278.802 -3.063
202203 -2.283 287.504 -2.652
202206 -1.071 296.311 -1.207
202209 -1.018 296.808 -1.145
202212 -0.752 296.797 -0.846
202303 -0.640 301.836 -0.708
202306 0.066 305.109 0.072
202309 0.244 307.789 0.265
202312 0.291 306.746 0.317
202403 0.448 312.332 0.479
202406 0.381 314.175 0.405
202409 0.377 315.301 0.399
202412 0.506 315.605 0.535
202503 0.582 319.799 0.608
202506 0.668 322.561 0.692
202509 0.681 324.800 0.700
202512 0.642 324.054 0.662
202603 0.756 330.213 0.765
202606 0.773 333.952 0.773

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.

Is Gogo (FRA:G0G) Overvalued in 2026?

Based on GuruFocus' analysis, Gogo stock appears to be undervalued. The current stock price of €2.36 is trading 83.5% below its estimated GF Value™ of €14.32. GuruFocus considers Gogo to be Possible Value Trap.

Key valuation signals for FRA:G0G:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €14.32 vs. price of €2.36 (83.5% below fair value)
  • GF Score™: 70/100 with 6 warning signs

No single metric tells the full story. See the FRA:G0G stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gogo Business Description

Other Exchanges GOGO:USA0IYQ:UK
Address 105 Edgeview Drive, Suite 300, Broomfield, CO, USA, 80021
Gogo Inc is a broadband connectivity service for the business aviation market. It provides a customizable suite of smart cabin systems for integrated connectivity, inflight entertainment, and voice solutions. It generates two types of revenue: service revenue consists of monthly subscription and usage fees paid by aircraft owners and operators for telecommunication, data, and in-flight entertainment services, and equipment revenue consists of proceeds from the sale of ATG and narrowband satellite connectivity equipment and is recognized when control of the equipment is transferred to OEMs and dealers, which generally occurs when the equipment is shipped. Geographically, it operates in United States; and International as well.
70GF Score

Get the complete analysis for FRA:G0G

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

€2.36
Price
€14.32
GF Value