GILT (Gilattellite Networks) Cyclically Adjusted PB Ratio: 1.82 (As of Aug. 24, 2026) — 39% Above Median

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GILT Gilat Satellite Networks Ltd GILT
90 GF Score
Price $9.95
GF Value $9.13
Valuation Fairly Valued
! 5 Warning Signs
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What is Gilattellite Networks Cyclically Adjusted PB Ratio?

Gilattellite Networks GILT -5.15% 90 Cyclically Adjusted PB Ratio is 1.82 as of Aug. 24, 2026, which is 39% above its 10-year median of 1.31. GuruFocus rates GILT with a GF Score™ of 90/100 and a GF Value™ of $9.13 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,943 Hardware companies, Gilattellite Networks ranks better than 51.72% on this metric.

As of today (2026-08-24), Gilattellite Networks's current share price is $9.95. Gilattellite Networks's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $5.47. Gilattellite Networks's Cyclically Adjusted PB Ratio for today is 1.82.

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

GILT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.31   Max: 4.06
Current: 1.92

During the past years, Gilattellite Networks's highest Cyclically Adjusted PB Ratio was 4.06. The lowest was 0.71. And the median was 1.31.

GILT's Cyclically Adjusted PB Ratio is ranked better than
51.72% of 1943 companies
in the Hardware industry
Industry Median: 2.03 vs GILT: 1.92

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.

Gilattellite Networks's adjusted book value per share data for the three months ended in Jun. 2026 was $7.070. 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 $5.47 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gilattellite Networks  (NAS:GILT) 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.


Gilattellite Networks Cyclically Adjusted PB Ratio Related Terms


Gilattellite Networks Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Gilattellite Networks'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.

Gilattellite Networks Cyclically Adjusted PB Ratio Chart

Gilattellite Networks 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 1.34 1.10 1.18 1.20 2.46

Gilattellite Networks 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 1.37 2.48 2.46 2.79 2.43

GILT vs ADTN, FEIM, NTGR: Cyclically Adjusted PB Ratio Comparison

For the Communication Equipment subindustry, Gilattellite Networks'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.


Gilattellite Networks Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Gilattellite Networks's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


GILT
90GF Score
Gilat Satellite Networks Ltd GILT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gilattellite Networks 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.

Gilattellite Networks's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.95/5.47
=1.82

* 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.

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

For example, Gilattellite Networks'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)
=7.07/333.9520*333.9520
=7.070

Current CPI (Jun. 2026) = 333.9520.

Gilattellite Networks Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.768 241.428 5.212
201612 3.843 241.432 5.316
201703 3.847 243.801 5.270
201706 3.891 244.955 5.305
201709 3.920 246.819 5.304
201712 3.989 246.524 5.404
201803 4.059 249.554 5.432
201806 4.072 251.989 5.396
201809 4.233 252.439 5.600
201812 4.333 251.233 5.760
201903 3.975 254.202 5.222
201906 4.025 256.143 5.248
201909 4.120 256.759 5.359
201912 4.570 256.974 5.939
202003 4.320 258.115 5.589
202006 4.268 257.797 5.529
202009 4.056 260.280 5.204
202012 4.507 260.474 5.778
202103 4.037 264.877 5.090
202106 0.000 271.696 0.000
202109 4.054 274.310 4.935
202112 4.392 278.802 5.261
202203 4.364 287.504 5.069
202206 4.341 296.311 4.892
202209 4.391 296.808 4.941
202212 4.312 296.797 4.852
202303 4.415 301.836 4.885
202306 4.504 305.109 4.930
202309 4.690 307.789 5.089
202312 4.818 306.746 5.245
202403 4.925 312.332 5.266
202406 4.959 314.175 5.271
202409 5.112 315.301 5.414
202412 5.339 315.605 5.649
202503 5.249 319.799 5.481
202506 5.521 322.561 5.716
202509 6.077 324.800 6.248
202512 6.776 324.054 6.983
202603 7.104 330.213 7.184
202606 7.070 333.952 7.070

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.

What does a Cyclically Adjusted PB Ratio of 1.82 mean?
Gilattellite Networks (GILT) has a Cyclically Adjusted PB Ratio of 1.82 as of Aug. 24, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Gilattellite Networks and its competitors. This is 39% above median its historical median of 1.31. Over the past decade, Gilattellite Networks' Cyclically Adjusted PB Ratio has ranged from 0.71 to 4.06. According to the industry distribution chart, Gilattellite Networks ranks #938 out of 1943 companies in the Hardware industry, placing it in the top 48.3%.
Is Gilattellite Networks' Cyclically Adjusted PB Ratio too high?
Gilattellite Networks' current Cyclically Adjusted PB Ratio of 1.82 is 39% above median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 4.06. The Hardware industry median Cyclically Adjusted PB Ratio is 2.03. Gilattellite Networks' value of 1.82 is 10.3% below this industry median. Based on the distribution chart, Gilattellite Networks ranks #938 out of 1943 companies in the Hardware industry, which is above the industry midpoint. Overall, Gilattellite Networks has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gilattellite Networks' Cyclically Adjusted PB Ratio compare to ADTN and FEIM?
According to the Hardware industry distribution chart, Gilattellite Networks ranks #938 out of 1943 companies for Cyclically Adjusted PB Ratio. This puts Gilattellite Networks in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.03. Gilattellite Networks' value of 1.82 is 10.3% below this benchmark. Historically, Gilattellite Networks' own Cyclically Adjusted PB Ratio has ranged from 0.71 to 4.06 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 2.03, Gilattellite Networks has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.03, based on 1,943 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gilattellite Networks's current Cyclically Adjusted PB Ratio of 1.82 is 10.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Gilattellite Networks and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gilattellite Networks's current Cyclically Adjusted PB Ratio is 1.82, which is 39% above median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gilattellite Networks stock overvalued right now?
Based on GuruFocus' analysis, Gilattellite Networks (GILT) is currently considered Fairly Valued. The stock's GF Value™ is $9.13, compared to a current price of $9.95 — trading 9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.82, which is 39% above median its 10-year median of 1.31 and 10.3% below the Hardware industry median of 2.03. Gilattellite Networks' overall GF Score™ is 90/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Gilattellite Networks (GILT), the current Cyclically Adjusted PB Ratio is 1.82 as of Aug. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Gilattellite Networks (GILT) Overvalued in 2026?

Based on GuruFocus' analysis, Gilattellite Networks stock appears to be overvalued. The current stock price of $9.95 is trading 9% above its estimated GF Value™ of $9.13. GuruFocus considers Gilattellite Networks to be Fairly Valued.

Key valuation signals for GILT:

  • Cyclically Adjusted PB Ratio: 1.82 (39% above median its 10-year median of 1.31)
  • GF Value™: $9.13 vs. price of $9.95 (9% above fair value)
  • GF Score™: 90/100 with 5 warning signs
  • Industry Position: 10.3% below the Hardware median (#938 of 1943)

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


Gilattellite Networks Business Description

Other Exchanges GILT:IsraelGSA:Germany
Address 21 Yegia Kapayim Street, Gilat House, Kiryat Arye, Petah Tikva, ISR, 4913020
Gilat Satellite Networks Ltd is a provider of satellite-based broadband communications. The company designs and manufactures ground-based satellite communications equipment and provides comprehensive solutions and end-to-end services. Its portfolio includes a cloud-based satellite network platform, very small aperture terminals (VSATs), amplifiers, high-speed modems, on-the-move antennas and high-power solid-state power amplifiers (SSPAs), block-up converters (BUCs), and Transceivers. The company operates in three operating segments: Gilat Commercial Division, Gilat Defense Division, and Gilat Peru Division. The majority of its revenue is generated from the Gilat Commercial segment.
90GF Score

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

$9.95
Price
$9.13
GF Value