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Gogo (GOGO) Cyclically Adjusted PS Ratio : 1.48 (As of Apr. 27, 2024)


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What is Gogo Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Gogo's current share price is $9.14. Gogo's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $6.16. Gogo's Cyclically Adjusted PS Ratio for today is 1.48.

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

GOGO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 1.98   Max: 3.55
Current: 1.43

During the past years, Gogo's highest Cyclically Adjusted PS Ratio was 3.55. The lowest was 0.24. And the median was 1.98.

GOGO's Cyclically Adjusted PS Ratio is ranked worse than
58.7% of 293 companies
in the Telecommunication Services industry
Industry Median: 1.02 vs GOGO: 1.43

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Gogo's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.735. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $6.16 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gogo Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Gogo's Cyclically Adjusted PS 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 PS Ratio Chart

Gogo Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.64 2.12 2.19 1.64

Gogo Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PS 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 2.19 2.13 2.72 1.91 1.64

Competitive Comparison of Gogo's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, Gogo's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 PS Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Gogo's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Gogo's Cyclically Adjusted PS Ratio falls into.



Gogo Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Gogo's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.14/6.16
=1.48

* 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.

Gogo's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Gogo's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.735/129.4194*129.4194
=0.735

Current CPI (Dec. 2023) = 129.4194.

Gogo Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.126 99.695 1.462
201406 1.170 100.560 1.506
201409 1.221 100.428 1.573
201412 1.281 99.070 1.673
201503 1.390 99.621 1.806
201506 1.544 100.684 1.985
201509 1.608 100.392 2.073
201512 1.752 99.792 2.272
201603 1.800 100.470 2.319
201606 1.871 101.688 2.381
201609 1.864 101.861 2.368
201612 2.024 101.863 2.572
201703 2.090 102.862 2.630
201706 2.178 103.349 2.727
201709 2.173 104.136 2.701
201712 2.362 104.011 2.939
201803 2.909 105.290 3.576
201806 2.851 106.317 3.471
201809 2.709 106.507 3.292
201812 -4.811 105.998 -5.874
201903 2.481 107.251 2.994
201906 2.648 108.070 3.171
201909 1.005 108.329 1.201
201912 1.048 108.420 1.251
202003 0.873 108.902 1.037
202006 0.668 108.767 0.795
202009 0.804 109.815 0.948
202012 0.931 109.897 1.096
202103 0.873 111.754 1.011
202106 0.755 114.631 0.852
202109 0.655 115.734 0.732
202112 0.833 117.630 0.916
202203 0.692 121.301 0.738
202206 0.726 125.017 0.752
202209 0.785 125.227 0.811
202212 0.817 125.222 0.844
202303 0.738 127.348 0.750
202306 0.775 128.729 0.779
202309 0.735 129.860 0.733
202312 0.735 129.419 0.735

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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  (NAS:GOGO) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Gogo Cyclically Adjusted PS Ratio Related Terms

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


Gogo (GOGO) 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.
Executives
Karen Jackson officer: SVP, Human Resources 1250 N. ARLINGTON HEIGHTS ROAD, STE 500, ITASCA IL 60143
Crystal L Gordon officer: EVP, Gen Counsel and Secy 945 BUNKER HILL, SUITE 650, HOUSTON TX 77024
Michael Abad-santos director C/O GOGO INC., 105 EDGEVIEW DR., SUITE 300, BROOMFIELD CO 80021
Leigh Goldfine officer: VP, Controller and CAO C/O GOGO INC., 105 EDGEVIEW DR., SUITE 300, BROOMFIELD CO 80021
Jessica Betjemann officer: SVP, Finance, Treasurer & CAO C/O GOGO INC., 111 N. CANAL ST, SUITE 1400, CHICAGO IL 60606
Marguerite M Elias officer: Exec VP, Gen Counsel and Sec 1250 N ARLINGTON HEIGHTS RD, STE 500, ITASCA IL 60143
Michael P. Bayer officer: SVP, Controller & CAO 1250 N. ARLINGTON HEIGHTS ROAD, STE 500, ITASCA IL 60143
Robert L Crandall director C/O AMR CORP/AMERICAN AIRLINES INC, 5215 NORTH O'CONNOR BLVD, IRVING TX 75039
Silver (xii) Holdings, Llc director, 10 percent owner 300 NORTH LASALLE STREET, SUITE 5600, CHICAGO IL 60654
Mark M. Anderson director 300 NORTH LASALLE STREET, SUITE 5600, CHICAGO IL 60654
Mudrick Distressed Opportunity Specialty Fund, L.p. 10 percent owner 527 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022
Mudrick Distressed Opportunity Fund Global, Lp 10 percent owner 527 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022
Mudrick Gp, Llc 10 percent owner 527 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022
Mudrick Capital Management Llc 10 percent owner 527 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022
Mudrick Distressed Opportunity Drawdown Fund Ii Gp, Llc 10 percent owner 527 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022