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Gilat Telecom Global (XTAE:GLTL) Cyclically Adjusted PB Ratio : 0.47 (As of Jun. 06, 2024)


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What is Gilat Telecom Global Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Gilat Telecom Global's current share price is ₪0.598. Gilat Telecom Global's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was ₪1.27. Gilat Telecom Global's Cyclically Adjusted PB Ratio for today is 0.47.

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

XTAE:GLTL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.35   Max: 0.48
Current: 0.47

During the past 10 years, Gilat Telecom Global's highest Cyclically Adjusted PB Ratio was 0.48. The lowest was 0.32. And the median was 0.35.

XTAE:GLTL's Cyclically Adjusted PB Ratio is ranked better than
80.9% of 288 companies
in the Telecommunication Services industry
Industry Median: 1.49 vs XTAE:GLTL: 0.47

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.

Gilat Telecom Global's adjusted book value per share data of for the fiscal year that ended in Dec23 was ₪0.622. 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 ₪1.27 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gilat Telecom Global Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gilat Telecom Global'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.

* Premium members only.

Gilat Telecom Global Cyclically Adjusted PB Ratio Chart

Gilat Telecom Global Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.36

Gilat Telecom Global Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 0.36 -

Competitive Comparison of Gilat Telecom Global's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Gilat Telecom Global'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.


Gilat Telecom Global's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Gilat Telecom Global's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Gilat Telecom Global 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.

Gilat Telecom Global's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.598/1.27
=0.47

* 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.

Gilat Telecom Global's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Gilat Telecom Global's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.622/129.4194*129.4194
=0.622

Current CPI (Dec23) = 129.4194.

Gilat Telecom Global Annual Data

Book Value per Share CPI Adj_Book
201412 0.000 99.070 0.000
201512 1.078 99.792 1.398
201612 1.200 101.863 1.525
201712 1.093 104.011 1.360
201812 1.590 105.998 1.941
201912 1.398 108.420 1.669
202012 1.137 109.897 1.339
202112 0.880 117.630 0.968
202212 0.628 125.222 0.649
202312 0.622 129.419 0.622

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.


Gilat Telecom Global  (XTAE:GLTL) 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.


Gilat Telecom Global Cyclically Adjusted PB Ratio Related Terms

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


Gilat Telecom Global (XTAE:GLTL) Business Description

Traded in Other Exchanges
N/A
Address
21 Yegia Kapayim Street, P O Box 7144, Petach-Tikva, ISR, 4913020
Gilat Telecom Global Ltd is engaged in providing end-to-end communication solutions including bandwidth and connectivity over satellite, fiber optic, and radio infrastructure to cellular operators, Internet providers, enterprises, government organizations, and emergency and rescue services in Africa and the middle east.

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