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Viasat (Viasat) Cyclically Adjusted PB Ratio : 0.44 (As of Apr. 27, 2024)


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What is Viasat Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Viasat's current share price is $16.01. Viasat's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $36.41. Viasat's Cyclically Adjusted PB Ratio for today is 0.44.

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

VSAT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 2.95   Max: 4.72
Current: 0.42

During the past years, Viasat's highest Cyclically Adjusted PB Ratio was 4.72. The lowest was 0.42. And the median was 2.95.

VSAT's Cyclically Adjusted PB Ratio is ranked better than
88.82% of 1833 companies
in the Hardware industry
Industry Median: 1.57 vs VSAT: 0.42

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.

Viasat's adjusted book value per share data for the three months ended in Dec. 2023 was $40.720. 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 $36.41 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Viasat Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Viasat'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.

Viasat Cyclically Adjusted PB Ratio Chart

Viasat Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.11 1.35 1.70 1.54 0.98

Viasat Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.95 0.98 1.16 0.51 0.77

Competitive Comparison of Viasat's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Viasat'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.


Viasat's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Viasat's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Viasat 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.

Viasat's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.01/36.41
=0.44

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=40.72/129.4194*129.4194
=40.720

Current CPI (Dec. 2023) = 129.4194.

Viasat Quarterly Data

Book Value per Share CPI Adj_Book
201403 20.355 99.695 26.424
201406 20.610 100.560 26.525
201409 21.272 100.428 27.413
201412 21.390 99.070 27.943
201503 21.774 99.621 28.287
201506 22.281 100.684 28.640
201509 22.624 100.392 29.166
201512 22.690 99.792 29.426
201603 23.078 100.470 29.728
201606 23.587 101.688 30.019
201609 24.141 101.861 30.672
201612 29.709 101.863 37.746
201703 30.115 102.862 37.890
201706 31.500 103.349 39.446
201709 31.695 104.136 39.390
201712 31.134 104.011 38.740
201803 31.188 105.290 38.336
201806 31.623 106.317 38.495
201809 31.428 106.507 38.189
201812 31.094 105.998 37.965
201903 31.507 107.251 38.020
201906 32.039 108.070 38.369
201909 32.450 108.329 38.767
201912 32.295 108.420 38.550
202003 32.629 108.902 38.777
202006 32.891 108.767 39.136
202009 33.762 109.815 39.789
202012 33.847 109.897 39.860
202103 34.313 111.754 39.737
202106 35.735 114.631 40.345
202109 35.898 115.734 40.143
202112 35.413 117.630 38.962
202203 35.388 121.301 37.756
202206 35.113 125.017 36.350
202209 34.353 125.227 35.503
202212 33.896 125.222 35.032
202303 49.723 127.348 50.532
202306 47.878 128.729 48.135
202309 41.693 129.860 41.552
202312 40.720 129.419 40.720

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.


Viasat  (NAS:VSAT) 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.


Viasat Cyclically Adjusted PB Ratio Related Terms

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


Viasat (Viasat) Business Description

Industry
Traded in Other Exchanges
Address
6155 El Camino Real, Carlsbad, CA, USA, 92009
Viasat Inc provides bandwidth technologies and services in three segments: satellite services, which provides satellite-based high-speed broadband services to consumers, enterprises, and commercial airlines; commercial networks, which develops end-to-end communication and connectivity systems; and government systems, which produces network-centric Internet Protocol-based secure government communication systems. A large majority of the firm's revenue is generated in the United States, with the rest coming from the Americas, Europe, Middle East, Africa, and Asia-Pacific.
Executives
Craig Andrew Miller officer: Pres. Government Systems C/O VIASAT, INC., 6155 EL CAMINO REAL, CARLSBAD CA 92009
Keven K Lippert officer: Vice President General Counsel 6155 EL CAMINO REAL, CARLSBAD CA 92009
Benjamin Edward Palmer officer: President, Maritime C/O VIASAT, INC., 6155 EL CAMINO REAL, CARLSBAD CA 92009
Richard A Baldridge officer: Chief Operating Officer 6155 EL CAMINO REAL, CARLSBAD CA 92009
James Michael Dodd officer: President, Global Mobile 6155 EL CAMINO REAL, CARLSBAD CA 92009
Warburg Pincus (europa) Global Growth (cayman), L.p. 10 percent owner C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Warburg Pincus Llc 10 percent owner 450 LEXINGTON AVENUE, NEW YORK NY 10017
Mark Nieuwendijk 10 percent owner C/O PRETZEL LOGIC BV, WILHELMINALAAN 30, ZEIST P7 3701BL
Luxtopholding Sarl Triton 10 percent owner 1-3 BOULEVARD DE LA FOIRE, LUXEMBOURG N4 L-1528
Logic Bv Pretzel 10 percent owner WILHELMINALAAN 30, ZEIST P7 3701BL
Apax Ix Gp Co. Ltd 10 percent owner THIRD FLOOR, ROYAL BANK PLACE, 1 GLATEGNY ESPLANADE, ST PETER PORT Y7 GY5 7FS
Warburg Pincus (cayman) Global Growth Gp Llc 10 percent owner C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Warburg Pincus (cayman) Global Growth Gp, L.p. 10 percent owner C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Andrew Sukawaty director C/O VIASAT, INC., 6155 EL CAMINO REAL, CARLSBAD CA 92009
Cpp Investment Board Private Holdings (4) Inc. 10 percent owner 1 QUEEN STREET EAST, SUITE 2500, TORONTO A6 M5C 2W5