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Gogo (FRA:G0G) Cyclically Adjusted PB Ratio : (As of May. 24, 2024)


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What is Gogo Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Gogo Cyclically Adjusted PB Ratio Historical Data

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.

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Gogo Cyclically Adjusted PB Ratio Chart

Gogo Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Gogo Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Gogo's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.



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 Mar. 2024 is calculated as:

For example, Gogo'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)
=0.448/131.7762*131.7762
=0.448

Current CPI (Mar. 2024) = 131.7762.

Gogo Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.079 100.560 2.724
201409 1.992 100.428 2.614
201412 1.880 99.070 2.501
201503 1.509 99.621 1.996
201506 1.241 100.684 1.624
201509 0.988 100.392 1.297
201512 0.707 99.792 0.934
201603 0.491 100.470 0.644
201606 0.103 101.688 0.133
201609 -0.186 101.861 -0.241
201612 -0.444 101.863 -0.574
201703 -0.829 102.862 -1.062
201706 -1.196 103.349 -1.525
201709 -1.504 104.136 -1.903
201712 -1.864 104.011 -2.362
201803 -1.783 105.290 -2.232
201806 -2.236 106.317 -2.771
201809 -2.560 106.507 -3.167
201812 -2.698 105.998 -3.354
201903 -2.862 107.251 -3.516
201906 -3.654 108.070 -4.456
201909 -3.943 108.329 -4.796
201912 -4.068 108.420 -4.944
202003 -5.257 108.902 -6.361
202006 -6.013 108.767 -7.285
202009 -6.446 109.815 -7.735
202012 -6.129 109.897 -7.349
202103 -5.761 111.754 -6.793
202106 -4.368 114.631 -5.021
202109 -4.331 115.734 -4.931
202112 -2.557 117.630 -2.865
202203 -2.283 121.301 -2.480
202206 -1.071 125.017 -1.129
202209 -1.018 125.227 -1.071
202212 -0.752 125.222 -0.791
202303 -0.640 127.348 -0.662
202306 0.066 128.729 0.068
202309 0.244 129.860 0.248
202312 0.291 129.419 0.296
202403 0.448 131.776 0.448

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.


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

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Gogo (FRA:G0G) Business Description

Traded in Other Exchanges
Address
105 Edgeview Dr, Suite 300, Broomfield, CO, USA, 80021
Gogo Inc is a us-based in-flight connectivity system and service provider. The company through its subsidiaries offers aero communications, in-flight broadband, and wireless in-cabin digital entertainment solutions for the aviation industry. Its business segments include; Commercial Aviation North America, Commercial Aviation Rest of World, and Business Aviation. The company offers connectivity and entertainment services to commercial airlines flying routes within North America, satellite-based connectivity and entertainment services to foreign-based commercial airlines and North American-based commercial airlines flying outside North America, and a variety of in-flight Internet connectivity and other voice and data communications products and services.

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