GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Gogo Inc (LTS:0IYQ) » Definitions » Cyclically Adjusted PB Ratio

Gogo (LTS:0IYQ) Cyclically Adjusted PB Ratio : (As of May. 27, 2024)


View and export this data going back to 2018. Start your Free Trial

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.

* Premium members only.

Gogo Cyclically Adjusted PB Ratio Chart

Gogo Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Gogo Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

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)
=0.487/131.7762*131.7762
=0.487

Current CPI (Mar. 2024) = 131.7762.

Gogo Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.824 100.560 3.701
201409 2.567 100.428 3.368
201412 2.318 99.070 3.083
201503 1.633 99.621 2.160
201506 1.393 100.684 1.823
201509 1.109 100.392 1.456
201512 0.770 99.792 1.017
201603 0.547 100.470 0.717
201606 0.116 101.688 0.150
201609 -0.208 101.861 -0.269
201612 -0.468 101.863 -0.605
201703 -0.887 102.862 -1.136
201706 -1.344 103.349 -1.714
201709 -1.792 104.136 -2.268
201712 -2.206 104.011 -2.795
201803 -2.199 105.290 -2.752
201806 -2.613 106.317 -3.239
201809 -2.987 106.507 -3.696
201812 -3.069 105.998 -3.815
201903 -3.234 107.251 -3.974
201906 -4.129 108.070 -5.035
201909 -4.343 108.329 -5.283
201912 -4.520 108.420 -5.494
202003 -5.809 108.902 -7.029
202006 -6.771 108.767 -8.203
202009 -7.593 109.815 -9.111
202012 -7.456 109.897 -8.940
202103 -6.859 111.754 -8.088
202106 -5.263 114.631 -6.050
202109 -5.095 115.734 -5.801
202112 -2.890 117.630 -3.238
202203 -2.514 121.301 -2.731
202206 -1.132 125.017 -1.193
202209 -1.008 125.227 -1.061
202212 -0.797 125.222 -0.839
202303 -0.685 127.348 -0.709
202306 0.072 128.729 0.074
202309 0.260 129.860 0.264
202312 0.317 129.419 0.323
202403 0.487 131.776 0.487

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  (LTS:0IYQ) 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

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


Gogo (LTS:0IYQ) 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.

Gogo (LTS:0IYQ) Headlines

No Headlines