Asian Television Network International (TSXV:SAT) Cyclically Adjusted PB Ratio: 0.28 (As of Aug. 03, 2026) — 40% Below Median

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.

What is Asian Television Network International Cyclically Adjusted PB Ratio?

Asian Television Network International TSXV:SAT Cyclically Adjusted PB Ratio is 0.28 as of Aug. 03, 2026, which is 40% below its 10-year median of 0.47. The stock has 3 warning signs investors should review. Among 702 Media - Diversified companies, Asian Television Network International ranks better than 84.19% on this metric.

As of today (2026-08-03), Asian Television Network International's current share price is C$0.045. Asian Television Network International's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was C$0.16. Asian Television Network International's Cyclically Adjusted PB Ratio for today is 0.28.

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

TSXV:SAT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.47   Max: 5.16
Current: 0.28

During the past years, Asian Television Network International's highest Cyclically Adjusted PB Ratio was 5.16. The lowest was 0.19. And the median was 0.47.

TSXV:SAT's Cyclically Adjusted PB Ratio is ranked better than
84.19% of 702 companies
in the Media - Diversified industry
Industry Median: 0.965 vs TSXV:SAT: 0.28

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.

Asian Television Network International's adjusted book value per share data for the three months ended in Dec. 2025 was C$-0.166. 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 C$0.16 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asian Television Network International  (TSXV:SAT) 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.


Asian Television Network International Cyclically Adjusted PB Ratio Related Terms


Asian Television Network International Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Asian Television Network International'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.

Asian Television Network International Cyclically Adjusted PB Ratio Chart

Asian Television Network International 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 0.88 0.78 0.89 0.46 0.31

Asian Television Network International Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.46 0.47 0.45 0.41 0.31

TSXV:SAT vs NXST: Cyclically Adjusted PB Ratio Comparison

For the Broadcasting subindustry, Asian Television Network International'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.


Asian Television Network International Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Asian Television Network International's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Asian Television Network International's Cyclically Adjusted PB Ratio falls into.



Asian Television Network International 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.

Asian Television Network International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.045/0.16
=0.28

* 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.

Asian Television Network International's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Asian Television Network International's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=-0.166/130.3661*130.3661
=-0.166

Current CPI (Dec. 2025) = 130.3661.

Asian Television Network International Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.431 101.054 0.556
201606 0.419 102.002 0.536
201609 0.403 101.765 0.516
201612 0.385 101.449 0.495
201703 0.356 102.634 0.452
201706 0.344 103.029 0.435
201709 0.333 103.345 0.420
201712 0.319 103.345 0.402
201803 0.298 105.004 0.370
201806 0.271 105.557 0.335
201809 0.256 105.636 0.316
201812 0.232 105.399 0.287
201903 0.205 106.979 0.250
201906 0.166 107.690 0.201
201909 0.140 107.611 0.170
201912 0.129 107.769 0.156
202003 0.101 107.927 0.122
202006 0.089 108.401 0.107
202009 0.101 108.164 0.122
202012 0.107 108.559 0.128
202103 0.093 110.298 0.110
202106 0.087 111.720 0.102
202109 0.083 112.905 0.096
202112 0.100 113.774 0.115
202203 0.088 117.646 0.098
202206 0.074 120.806 0.080
202209 0.063 120.648 0.068
202212 0.060 120.964 0.065
202303 0.053 122.702 0.056
202306 0.050 124.203 0.052
202309 0.055 125.230 0.057
202312 0.001 125.072 0.001
202403 -0.008 126.258 -0.008
202406 -0.029 127.522 -0.030
202409 -0.036 127.285 -0.037
202412 -0.100 127.364 -0.102
202503 -0.113 129.181 -0.114
202506 -0.128 129.892 -0.128
202509 -0.146 130.287 -0.146
202512 -0.166 130.366 -0.166

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 0.28 mean?
Asian Television Network International (TSXV:SAT) has a Cyclically Adjusted PB Ratio of 0.28 as of Aug. 03, 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 Asian Television Network International and its competitors. This is 40% below median its historical median of 0.47. Over the past decade, Asian Television Network International's Cyclically Adjusted PB Ratio has ranged from 0.19 to 5.16. According to the industry distribution chart, Asian Television Network International ranks #111 out of 702 companies in the Media - Diversified industry, placing it in the top 15.8%.
Is Asian Television Network International's Cyclically Adjusted PB Ratio too high?
Asian Television Network International's current Cyclically Adjusted PB Ratio of 0.28 is 40% below median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 5.16. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 0.97. Asian Television Network International's value of 0.28 is 71% below this industry median. Based on the distribution chart, Asian Television Network International ranks #111 out of 702 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers.
How does Asian Television Network International's Cyclically Adjusted PB Ratio compare to NXST?
According to the Media - Diversified industry distribution chart, Asian Television Network International ranks #111 out of 702 companies for Cyclically Adjusted PB Ratio. This places Asian Television Network International in the top 16% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.97. Asian Television Network International's value of 0.28 is 71% below this benchmark. Historically, Asian Television Network International's own Cyclically Adjusted PB Ratio has ranged from 0.19 to 5.16 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 0.97, Asian Television Network International 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 Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 0.97, based on 702 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. Asian Television Network International's current Cyclically Adjusted PB Ratio of 0.28 is 71% 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 Asian Television Network International and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asian Television Network International's current Cyclically Adjusted PB Ratio is 0.28, which is 40% below median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asian Television Network International stock overvalued right now?
Based on GuruFocus' analysis, Asian Television Network International (TSXV:SAT) is currently considered Possible Value Trap. The stock's GF Value™ is C$0.09, compared to a current price of C$0.05 — trading 50% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.28, which is 40% below median its 10-year median of 0.47 and 71% below the Media - Diversified industry median of 0.97. 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 Asian Television Network International (TSXV:SAT), the current Cyclically Adjusted PB Ratio is 0.28 as of Aug. 03, 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.

Asian Television Network International Business Description

Address 330 Cochrane Drive, Markham, ON, CAN, L3R 8E4
Asian Television Network International Ltd is a Canadian-based company. Its activities consist of providing specialty, pay television broadcasting, and television broadcasting advertising for the South Asian community in Canada. It derives revenue from Subscriptions, Advertising, Programming, and Finance income.