Viasat (FRA:VS1) Cyclically Adjusted PB Ratio: (As of Aug. 07, 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:VS1 Viasat Inc FRA:VS1
57 GF Score
Price €67.55
GF Value €15.41
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Viasat Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


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


Viasat Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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.

Viasat Cyclically Adjusted PB Ratio Chart

Viasat Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.54 0.98 0.48 0.27 1.12

Viasat 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 0.37 0.73 0.86 1.12 0.00

FRA:VS1 vs VIAV, AAOI, ZBRA: Cyclically Adjusted PB Ratio Comparison

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 Cyclically Adjusted PB Ratio vs 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.


FRA:VS1
57GF Score
Viasat Inc FRA:VS1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Viasat'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)
=29.236/333.9520*333.9520
=29.236

Current CPI (Jun. 2026) = 333.9520.

Viasat Quarterly Data

Book Value per Share CPI Adj_Book
201609 21.509 241.428 29.752
201612 28.165 241.432 38.958
201703 28.157 243.801 38.569
201706 28.035 244.955 38.221
201709 26.592 246.819 35.980
201712 26.308 246.524 35.638
201803 25.294 249.554 33.848
201806 27.069 251.989 35.874
201809 26.934 252.439 35.631
201812 27.332 251.233 36.331
201903 27.884 254.202 36.632
201906 28.354 256.143 36.967
201909 29.465 256.759 38.323
201912 29.066 256.974 37.773
202003 29.529 258.115 38.205
202006 29.207 257.797 37.835
202009 28.664 260.280 36.777
202012 27.823 260.474 35.672
202103 28.823 264.877 36.340
202106 29.660 271.696 36.456
202109 30.513 274.310 37.147
202112 31.340 278.802 37.539
202203 32.132 287.504 37.323
202206 33.217 296.311 37.437
202209 34.696 296.808 39.038
202212 31.998 296.797 36.004
202303 46.441 301.836 51.382
202306 44.191 305.109 48.369
202309 39.066 307.789 42.387
202312 37.340 306.746 40.652
202403 36.738 312.332 39.281
202406 36.577 314.175 38.879
202409 34.635 315.301 36.684
202412 35.211 315.605 37.258
202503 32.350 319.799 33.782
202506 29.478 322.561 30.519
202509 28.496 324.800 29.299
202512 28.734 324.054 29.612
202603 29.520 330.213 29.854
202606 29.236 333.952 29.236

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 Viasat (FRA:VS1) Overvalued in 2026?

Based on GuruFocus' analysis, Viasat stock appears to be overvalued. The current stock price of €67.55 is trading 338.4% above its estimated GF Value™ of €15.41. GuruFocus considers Viasat to be Significantly Overvalued.

Key valuation signals for FRA:VS1:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €15.41 vs. price of €67.55 (338.4% above fair value)
  • GF Score™: 57/100 with 7 warning signs

No single metric tells the full story. See the FRA:VS1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Viasat Business Description

Other Exchanges VSAT:USA0LPE:UKVS1:Germany
Address 6155 El Camino Real, Carlsbad, CA, USA, 92009
Viasat Inc is an innovative, global provider of communications technologies and services focused on making connectivity accessible, available and secure for current and future customers world'wide. The company has two reportable segments: communication services and defense and advanced technologies. The company generates majority of revenue from communication services segment provides a wide range of broadband and narrowband communications solutions across government and commercial mobility markets, as well as for residential and enterprise fixed broadband customers. The company has presence in US and Outside US. The company generates majority of revenue from US. Its products are Antennas, Terminals & radios, Modems, Semiconductors, Cybersecurity, Software & services, Home internet.
57GF Score

Get the complete analysis for FRA:VS1

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

€67.55
Price
€15.41
GF Value