SATS (SPASY) Cyclically Adjusted PB Ratio: (As of Jun. 24, 2026)


SPASY SATS Ltd SPASY
63 GF Score
Price $34.04
GF Value $31.92
Valuation Fairly Valued
! 9 Warning Signs
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What is SATS Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


SATS  (OTCPK:SPASY) 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.


SATS Cyclically Adjusted PB Ratio Related Terms


SATS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SATS'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.

SATS Cyclically Adjusted PB Ratio Chart

SATS 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 2.72 1.78 1.61 1.85 2.04

SATS 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 1.85 0.00 2.00 2.25 2.04

SPASY vs JOBY, CAAP: Cyclically Adjusted PB Ratio Comparison

For the Airports & Air Services subindustry, SATS'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.


SATS Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, SATS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SPASY
63GF Score
SATS Ltd SPASY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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SATS 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.

SATS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, SATS'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)
=14.551/330.2130*330.2130
=14.551

Current CPI (Mar. 2026) = 330.2130.

SATS Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.792 241.018 13.416
201609 9.516 241.428 13.016
201612 9.128 241.432 12.485
201703 9.684 243.801 13.116
201706 10.154 244.955 13.688
201709 9.994 246.819 13.371
201712 10.001 246.524 13.396
201803 10.534 249.554 13.939
201806 10.669 251.989 13.981
201809 9.924 252.439 12.981
201812 9.932 251.233 13.054
201903 10.334 254.202 13.424
201906 10.645 256.143 13.723
201909 10.029 256.759 12.898
201912 10.091 256.974 12.967
202003 9.653 258.115 12.349
202006 9.598 257.797 12.294
202009 9.537 260.280 12.099
202012 9.743 260.474 12.352
202103 9.729 264.877 12.129
202106 9.857 271.696 11.980
202109 9.858 274.310 11.867
202112 9.768 278.802 11.569
202203 9.942 287.504 11.419
202206 9.621 296.311 10.722
202209 9.361 296.808 10.415
202212 9.530 296.797 10.603
202303 11.705 301.836 12.805
202306 11.524 305.109 12.472
202309 11.453 307.789 12.287
202312 11.788 306.746 12.690
202403 11.884 312.332 12.564
202406 12.125 314.175 12.744
202409 12.920 315.301 13.531
202412 12.581 315.605 13.163
202503 13.034 319.799 13.458
202506 0.000 322.561 0.000
202509 14.124 324.800 14.359
202512 14.333 324.054 14.605
202603 14.551 330.213 14.551

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 SATS (SPASY) Overvalued in 2026?

Based on GuruFocus' analysis, SATS stock appears to be overvalued. The current stock price of $34.04 is trading 6.6% above its estimated GF Value™ of $31.92. GuruFocus considers SATS to be Fairly Valued.

Key valuation signals for SPASY:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $31.92 vs. price of $34.04 (6.6% above fair value)
  • GF Score™: 63/100 with 9 warning signs

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


SATS Business Description

Address 20 Airport Boulevard, SATS Inflight Catering Centre 1, Singapore, SGP, 819659
SATS Ltd is a Singapore-based provider of ground-handling and in-flight catering services for air transportation in Asia and Australia. Additionally, it offers food distribution and logistics, industrial catering, and other amenities for hospitality and government agencies. The company has three reportable segments: food solutions (segment by revenue), gateway services, and others. The company has partnerships with multiple airlines to provide catering during flights and offers experience in planning airline menus, institutional catering, linen, and laundry to improve the airline's appearance. Gateway services cover the gamut of procedures airports must handle for each passenger. Baggage, ramp handling, passenger services, and terminal management are all offered to customers.
63GF Score

Get the complete analysis for SPASY

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

$34.04
Price
$31.92
GF Value