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Viasat (FRA:VS1) Cyclically Adjusted PB Ratio : 0.47 (As of May. 01, 2024)


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What is Viasat Cyclically Adjusted PB Ratio?

As of today (2024-05-01), Viasat's current share price is €15.285. Viasat's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €32.83. Viasat's Cyclically Adjusted PB Ratio for today is 0.47.

The historical rank and industry rank for Viasat's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:VS1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 2.95   Max: 4.72
Current: 0.45

During the past years, Viasat's highest Cyclically Adjusted PB Ratio was 4.72. The lowest was 0.43. And the median was 2.95.

FRA:VS1's Cyclically Adjusted PB Ratio is ranked better than
88.04% of 1839 companies
in the Hardware industry
Industry Median: 1.59 vs FRA:VS1: 0.45

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 adjusted book value per share data for the three months ended in Dec. 2023 was €37.340. 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 €32.83 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Viasat Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Viasat'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.

* Premium members only.

Viasat Cyclically Adjusted PB Ratio Chart

Viasat Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.11 1.35 1.70 1.54 0.98

Viasat Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.95 0.98 1.16 0.51 0.77

Competitive Comparison of Viasat's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.



Viasat 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.285/32.83
=0.47

* 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's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Viasat's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=37.34/129.4194*129.4194
=37.340

Current CPI (Dec. 2023) = 129.4194.

Viasat Quarterly Data

Book Value per Share CPI Adj_Book
201403 14.717 99.695 19.105
201406 15.169 100.560 19.522
201409 16.507 100.428 21.272
201412 17.347 99.070 22.661
201503 20.120 99.621 26.138
201506 19.853 100.684 25.519
201509 20.158 100.392 25.987
201512 20.830 99.792 27.014
201603 20.724 100.470 26.695
201606 20.992 101.688 26.717
201609 21.509 101.861 27.328
201612 28.165 101.863 35.784
201703 28.157 102.862 35.427
201706 28.035 103.349 35.107
201709 26.592 104.136 33.048
201712 26.308 104.011 32.735
201803 25.294 105.290 31.091
201806 27.069 106.317 32.951
201809 26.934 106.507 32.728
201812 27.331 105.998 33.370
201903 27.884 107.251 33.648
201906 28.354 108.070 33.956
201909 29.465 108.329 35.201
201912 29.065 108.420 34.694
202003 29.529 108.902 35.092
202006 29.207 108.767 34.753
202009 28.664 109.815 33.781
202012 27.822 109.897 32.764
202103 28.823 111.754 33.379
202106 29.660 114.631 33.486
202109 30.513 115.734 34.121
202112 31.340 117.630 34.481
202203 32.132 121.301 34.283
202206 33.217 125.017 34.387
202209 34.696 125.227 35.858
202212 31.998 125.222 33.071
202303 46.441 127.348 47.196
202306 44.191 128.729 44.428
202309 39.066 129.860 38.934
202312 37.340 129.419 37.340

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.


Viasat  (FRA:VS1) 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.


Viasat Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Viasat's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Viasat (FRA:VS1) Business Description

Industry
Traded in Other Exchanges
Address
6155 El Camino Real, Carlsbad, CA, USA, 92009
Viasat Inc provides bandwidth technologies and services in three segments: satellite services, which provides satellite-based high-speed broadband services to consumers, enterprises, and commercial airlines; commercial networks, which develops end-to-end communication and connectivity systems; and government systems, which produces network-centric Internet Protocol-based secure government communication systems. A large majority of the firm's revenue is generated in the United States, with the rest coming from the Americas, Europe, Middle East, Africa, and Asia-Pacific.

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