Gogo (LTS:0IYQ) PB Ratio: 4.35 (As of Jul. 24, 2026) — 76% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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.

LTS:0IYQ Gogo Inc LTS:0IYQ
67 GF Score
Price $3.80
GF Value $17.95
Valuation Possible Value Trap
! 5 Warning Signs
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What is Gogo PB Ratio?

Gogo LTS:0IYQ +4.11% 67 PB Ratio is 4.35 as of Jul. 24, 2026, which is 76% below its 10-year median of 17.85. GuruFocus rates LTS:0IYQ with a GF Score™ of 67/100 and a GF Value™ of $17.95 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 338 Telecommunication Services companies, Gogo ranks worse than 83.43% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-24), Gogo's share price is $3.80. Gogo's Book Value per Share for the quarter that ended in Mar. 2026 was $0.87. Hence, Gogo's PB Ratio of today is 4.35.

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

LTS:0IYQ' s PB Ratio Range Over the Past 10 Years
Min: 3.64   Med: 17.85   Max: 247.64
Current: 4.34

During the past 13 years, Gogo's highest PB Ratio was 247.64. The lowest was 3.64. And the median was 17.85.

LTS:0IYQ's PB Ratio is ranked worse than
83.43% of 338 companies
in the Telecommunication Services industry
Industry Median: 1.795 vs LTS:0IYQ: 4.34

During the past 12 months, Gogo's average Book Value Per Share Growth Rate was 38.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Gogo was 43.90% per year. The lowest was -113.00% per year. And the median was -32.50% per year.

Back to Basics: PB Ratio


Gogo  (LTS:0IYQ) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Gogo PB Ratio Related Terms


Gogo PB Ratio Historical Data

* Premium members only.

The historical data trend for Gogo's 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.

Gogo PB Ratio Chart

Gogo Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 31.61 14.25 6.21

Gogo Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 13.75 19.11 10.58 6.21 4.60

LTS:0IYQ vs ATNI, CABO, GLTK: PB Ratio Comparison

For the Telecom Services subindustry, Gogo's PB Ratio, along with its competitors' market caps and 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 PB Ratio vs Telecommunication Services Industry

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

* The bar in red indicates where Gogo's PB Ratio falls into.


LTS:0IYQ
67GF Score
Gogo Inc LTS:0IYQ
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gogo PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Gogo's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=3.80/0.874
=4.35

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 4.35 mean?
Gogo (LTS:0IYQ) has a PB Ratio of 4.35 as of Jul. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Gogo and its competitors. This is 76% below median its historical median of 17.85. Over the past decade, Gogo's PB Ratio has ranged from 3.64 to 247.64. According to the industry distribution chart, Gogo ranks #282 out of 338 companies in the Telecommunication Services industry, placing it in the top 83.4%.
Is Gogo's PB Ratio too high?
Gogo's current PB Ratio of 4.35 is 76% below median its 10-year median of 17.85. Over the past 10 years, this metric has ranged from a low of 3.64 to a high of 247.64. The Telecommunication Services industry median PB Ratio is 1.80. Gogo's value of 4.35 is 142.3% above this industry median. Based on the distribution chart, Gogo ranks #282 out of 338 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Gogo has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Gogo's PB Ratio compare to ATNI and CABO?
According to the Telecommunication Services industry distribution chart, Gogo ranks #282 out of 338 companies for PB Ratio. This places Gogo in the lower half of its industry. The industry median PB Ratio is 1.80. Gogo's value of 4.35 is 142.3% above this benchmark. Historically, Gogo's own PB Ratio has ranged from 3.64 to 247.64 over the past decade. While the company's 10-year median is 17.85 vs. the industry median of 1.80, Gogo has consistently been above 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 PB Ratio for a Telecommunication Services company?
The median PB Ratio among Telecommunication Services companies is 1.80, based on 338 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gogo's current PB Ratio of 4.35 is 142.3% above 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Gogo and its competitors. For the Telecommunication Services industry, the median PB Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gogo's current PB Ratio is 4.35, which is 76% below median its own 10-year median of 17.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gogo stock overvalued right now?
Based on GuruFocus' analysis, Gogo (LTS:0IYQ) is currently considered Possible Value Trap. The stock's GF Value™ is $17.95, compared to a current price of $3.80 — trading 78.8% below its estimated fair value. The current PB Ratio is 4.35, which is 76% below median its 10-year median of 17.85 and 142.3% above the Telecommunication Services industry median of 1.80. Gogo's overall GF Score™ is 67/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Gogo (LTS:0IYQ), the current PB Ratio is 4.35 as of Jul. 24, 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 Gogo (LTS:0IYQ) Overvalued in 2026?

Based on GuruFocus' analysis, Gogo stock appears to be undervalued. The current stock price of $3.80 is trading 78.8% below its estimated GF Value™ of $17.95. GuruFocus considers Gogo to be Possible Value Trap.

Key valuation signals for LTS:0IYQ:

  • PB Ratio: 4.35 (76% below median its 10-year median of 17.85)
  • GF Value™: $17.95 vs. price of $3.80 (78.8% below fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 142.3% above the Telecommunication Services median (#282 of 338)

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


Gogo Business Description

Other Exchanges GOGO:USAG0G:Germany
Address 105 Edgeview Drive, Suite 300, Broomfield, CO, USA, 80021
Gogo Inc is a broadband connectivity service for the business aviation market. It provides a customizable suite of smart cabin systems for integrated connectivity, inflight entertainment, and voice solutions. It generates two types of revenue: service revenue consists of monthly subscription and usage fees paid by aircraft owners and operators for telecommunication, data, and in-flight entertainment services, and equipment revenue consists of proceeds from the sale of ATG and narrowband satellite connectivity equipment and is recognized when control of the equipment is transferred to OEMs and dealers, which generally occurs when the equipment is shipped. Geographically, it operates in United States; and International as well.
67GF Score

Get the complete analysis for LTS:0IYQ

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

$3.80
Price
$17.95
GF Value