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ORBCOMM (ORBCOMM) Cyclically Adjusted PB Ratio : (As of Apr. 27, 2024)


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What is ORBCOMM Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


ORBCOMM Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ORBCOMM'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.

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ORBCOMM Cyclically Adjusted PB Ratio Chart

ORBCOMM Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PB Ratio
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ORBCOMM Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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Competitive Comparison of ORBCOMM's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, ORBCOMM'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.


ORBCOMM's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

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

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



ORBCOMM 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.

ORBCOMM's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2021 is calculated as:

For example, ORBCOMM's adjusted Book Value per Share data for the three months ended in Jun. 2021 was:

Adj_Book=Book Value per Share/CPI of Jun. 2021 (Change)*Current CPI (Jun. 2021)
=2.406/114.6314*114.6314
=2.406

Current CPI (Jun. 2021) = 114.6314.

ORBCOMM Quarterly Data

Book Value per Share CPI Adj_Book
201109 3.676 95.727 4.402
201112 3.707 95.213 4.463
201203 3.715 96.783 4.400
201206 3.768 96.819 4.461
201209 3.829 97.633 4.496
201212 3.873 96.871 4.583
201303 3.892 98.209 4.543
201306 3.944 98.518 4.589
201309 3.964 98.790 4.600
201312 3.987 98.326 4.648
201403 4.200 99.695 4.829
201406 4.235 100.560 4.828
201409 4.243 100.428 4.843
201412 4.389 99.070 5.078
201503 4.343 99.621 4.997
201506 4.180 100.684 4.759
201509 4.221 100.392 4.820
201512 4.237 99.792 4.867
201603 4.216 100.470 4.810
201606 4.172 101.688 4.703
201609 3.990 101.861 4.490
201612 3.951 101.863 4.446
201703 3.896 102.862 4.342
201706 3.903 103.349 4.329
201709 3.355 104.136 3.693
201712 3.297 104.011 3.634
201803 3.177 105.290 3.459
201806 3.314 106.317 3.573
201809 3.291 106.507 3.542
201812 3.247 105.998 3.511
201903 3.185 107.251 3.404
201906 3.130 108.070 3.320
201909 3.056 108.329 3.234
201912 3.021 108.420 3.194
202003 2.936 108.902 3.090
202006 2.870 108.767 3.025
202009 2.826 109.815 2.950
202012 2.653 109.897 2.767
202103 2.482 111.754 2.546
202106 2.406 114.631 2.406

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.


ORBCOMM  (NAS:ORBC) 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.


ORBCOMM Cyclically Adjusted PB Ratio Related Terms

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


ORBCOMM (ORBCOMM) Business Description

Traded in Other Exchanges
N/A
Address
395 W. Passaic Street, Suite 325, Rochelle Park, NJ, USA, 07662
ORBCOMM Inc is a satellite communications company that primarily provides machine-to-machine communication, which is designed to track, monitor, and control fixed and mobile assets. The company operates in such markets as transportation and distribution, heavy equipment, industrial fixed assets, oil and gas, maritime, mining, and government. The company earns revenue across the United States, South America, Japan, and Europe, with the majority from the U.S. The company owns telecommunications infrastructure, specifically low Earth orbit satellites and accompanying ground infrastructure.
Executives
Karen O. Gould director C/O ORBCOMM INC. 395 W. PASSAIC STREET ROCHELLE PARK NJ 07662
Denise W. Gibson director 140 SCHOOL STREET, LIBERTYVILLE IL 60048
Milcos Constantine officer: EVP and CFO C/O ORBCOMM, INC., 395 W. PASSAIC STREET SUITE 325 ROCHELLE PARK NJ 07662
Craig Malone officer: EVP of Product Development C/O ORBCOMM INC. 395 W PASSAIC STREET, SUITE 325 ROCHELLE PARK NJ 07662
Marc Eisenberg officer: Chief Marketing Officer C/O ORBCOMM INC., 395 W PASSAIC STREET, SUITE 325, ROCHELLE PARK NJ 07662
Brun Christian Le officer: EVP, General Counsel & Sec. C/O ORBCOMM INC. 395 W PASSAIC STREET, SUITE 325 ROCHELLE PARK NJ 07662
Stolte John J Jr officer: EVP-Technology & Operations C/O ORBCOMM INC. 395 W PASSAIC STREET, SUITE 325 ROCHELLE PARK NJ 07662
Jerome B Eisenberg director, officer: Chairman, CEO and President C/O ORBCOMM INC. 395 W PASSAIC STREET, SUITE 325 ROCHELLE PARK NJ 07662
Adage Capital Partners Gp, L.l.c. 10 percent owner 200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116
John E Major director C/O LENNOX INTERNATIONAL INC., 2140 LAKE PARK BOULEVARD, RICHARDSON TX 75080-2254
Timothy Kelleher director C/O ORBCOMM INC. 395 W PASSAIC STREET, SUITE 325 ROCHELLE PARK NJ 07662
Phillip Gross 10 percent owner 200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116
Robert Atchinson 10 percent owner 200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116
Adage Capital Advisors, L.l.c. 10 percent owner 200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116
Adage Capital Partners, L.p. 10 percent owner 200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116