Viasat (LTS:0LPE) Cyclically Adjusted PB Ratio: 1.89 (As of Aug. 02, 2026) — 22% Above Median

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LTS:0LPE Viasat Inc LTS:0LPE
53 GF Score
Price $76.48
GF Value $19.08
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Viasat Cyclically Adjusted PB Ratio?

Viasat LTS:0LPE -0.30% 53 Cyclically Adjusted PB Ratio is 1.89 as of Aug. 02, 2026, which is 22% above its 10-year median of 1.55. GuruFocus rates LTS:0LPE with a GF Score™ of 53/100 and a GF Value™ of $19.08 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,973 Hardware companies, Viasat ranks better than 51.95% on this metric.

As of today (2026-08-02), Viasat's current share price is $76.4805. Viasat's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $40.37. Viasat's Cyclically Adjusted PB Ratio for today is 1.89.

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

LTS:0LPE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 1.55   Max: 4.1
Current: 1.89

During the past years, Viasat's highest Cyclically Adjusted PB Ratio was 4.10. The lowest was 0.19. And the median was 1.55.

LTS:0LPE's Cyclically Adjusted PB Ratio is ranked better than
51.95% of 1973 companies
in the Hardware industry
Industry Median: 2 vs LTS:0LPE: 1.89

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 Mar. 2026 was $34.127. 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 $40.37 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Viasat  (LTS:0LPE) 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
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.27 0.37 0.73 0.86 1.12

LTS:0LPE 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.


LTS:0LPE
53GF Score
Viasat Inc LTS:0LPE
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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=76.4805/40.37
=1.89

* 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 Mar. 2026 is calculated as:

For example, Viasat's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=34.127/330.2130*330.2130
=34.127

Current CPI (Mar. 2026) = 330.2130.

Viasat Quarterly Data

Book Value per Share CPI Adj_Book
201606 23.587 241.018 32.316
201609 24.140 241.428 33.017
201612 29.709 241.432 40.634
201703 30.114 243.801 40.788
201706 31.500 244.955 42.464
201709 31.694 246.819 42.403
201712 31.134 246.524 41.703
201803 31.189 249.554 41.270
201806 31.623 251.989 41.440
201809 31.429 252.439 41.112
201812 31.094 251.233 40.869
201903 31.507 254.202 40.928
201906 32.039 256.143 41.304
201909 32.450 256.759 41.733
201912 32.295 256.974 41.499
202003 32.629 258.115 41.743
202006 32.891 257.797 42.130
202009 33.762 260.280 42.833
202012 33.847 260.474 42.909
202103 34.313 264.877 42.777
202106 35.735 271.696 43.431
202109 35.898 274.310 43.214
202112 35.413 278.802 41.943
202203 35.388 287.504 40.645
202206 35.113 296.311 39.130
202209 34.353 296.808 38.219
202212 33.896 296.797 37.712
202303 49.723 301.836 54.398
202306 47.878 305.109 51.817
202309 41.693 307.789 44.731
202312 40.720 306.746 43.835
202403 39.932 312.332 42.218
202406 39.372 314.175 41.382
202409 38.440 315.301 40.258
202412 36.870 315.605 38.577
202503 34.973 319.799 36.112
202506 34.000 322.561 34.807
202509 33.446 324.800 34.003
202512 33.646 324.054 34.285
202603 34.127 330.213 34.127

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 1.89 mean?
Viasat (LTS:0LPE) has a Cyclically Adjusted PB Ratio of 1.89 as of Aug. 02, 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 Viasat and its competitors. This is 22% above median its historical median of 1.55. Over the past decade, Viasat's Cyclically Adjusted PB Ratio has ranged from 0.19 to 4.10. According to the industry distribution chart, Viasat ranks #948 out of 1973 companies in the Hardware industry, placing it in the top 48%.
Is Viasat's Cyclically Adjusted PB Ratio too high?
Viasat's current Cyclically Adjusted PB Ratio of 1.89 is 22% above median its 10-year median of 1.55. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 4.10. The Hardware industry median Cyclically Adjusted PB Ratio is 2.00. Viasat's value of 1.89 is 5.5% below this industry median. Based on the distribution chart, Viasat ranks #948 out of 1973 companies in the Hardware industry, which is above the industry midpoint. Overall, Viasat has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Viasat's Cyclically Adjusted PB Ratio compare to VIAV and AAOI?
According to the Hardware industry distribution chart, Viasat ranks #948 out of 1973 companies for Cyclically Adjusted PB Ratio. This puts Viasat in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.00. Viasat's value of 1.89 is 5.5% below this benchmark. Historically, Viasat's own Cyclically Adjusted PB Ratio has ranged from 0.19 to 4.10 over the past decade. While the company's 10-year median is 1.55 vs. the industry median of 2.00, Viasat 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 2.00, based on 1,973 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. Viasat's current Cyclically Adjusted PB Ratio of 1.89 is 5.5% 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 Viasat and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viasat's current Cyclically Adjusted PB Ratio is 1.89, which is 22% above median its own 10-year median of 1.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viasat stock overvalued right now?
Based on GuruFocus' analysis, Viasat (LTS:0LPE) is currently considered Significantly Overvalued. The stock's GF Value™ is $19.08, compared to a current price of $76.48 — trading 300.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.89, which is 22% above median its 10-year median of 1.55 and 5.5% below the Hardware industry median of 2.00. Viasat's overall GF Score™ is 53/100 with 7 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 Viasat (LTS:0LPE), the current Cyclically Adjusted PB Ratio is 1.89 as of Aug. 02, 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 Viasat (LTS:0LPE) Overvalued in 2026?

Based on GuruFocus' analysis, Viasat stock appears to be overvalued. The current stock price of $76.48 is trading 300.8% above its estimated GF Value™ of $19.08. GuruFocus considers Viasat to be Significantly Overvalued.

Key valuation signals for LTS:0LPE:

  • Cyclically Adjusted PB Ratio: 1.89 (22% above median its 10-year median of 1.55)
  • GF Value™: $19.08 vs. price of $76.48 (300.8% above fair value)
  • GF Score™: 53/100 with 7 warning signs
  • Industry Position: 5.5% below the Hardware median (#948 of 1973)

No single metric tells the full story. See the LTS:0LPE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Viasat Business Description

Other Exchanges VSAT:USAVS1: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.
53GF Score

Get the complete analysis for LTS:0LPE

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

$76.48
Price
$19.08
GF Value