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Globalstar (Globalstar) Cyclically Adjusted Book per Share : $0.24 (As of Mar. 2024)


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What is Globalstar Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Globalstar's adjusted book value per share for the three months ended in Mar. 2024 was $0.200. 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 $0.24 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Globalstar's average Cyclically Adjusted Book Growth Rate was -11.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -28.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -27.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Globalstar was -13.00% per year. The lowest was -28.50% per year. And the median was -26.10% per year.

As of today (2024-05-15), Globalstar's current stock price is $1.20. Globalstar's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.24. Globalstar's Cyclically Adjusted PB Ratio of today is 5.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Globalstar was 8.83. The lowest was 0.23. And the median was 0.94.


Globalstar Cyclically Adjusted Book per Share Historical Data

The historical data trend for Globalstar's Cyclically Adjusted Book per Share 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.

Globalstar Cyclically Adjusted Book per Share Chart

Globalstar Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.63 0.47 0.30 0.23

Globalstar Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 0.27 0.24 0.23 0.23 0.24

Competitive Comparison of Globalstar's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, Globalstar'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.


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

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

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



Globalstar Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Globalstar's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.2/129.4194*129.4194
=0.200

Current CPI (Mar. 2024) = 129.4194.

Globalstar Quarterly Data

Book Value per Share CPI Adj_Book
201406 -0.268 100.560 -0.345
201409 -0.017 100.428 -0.022
201412 0.091 99.070 0.119
201503 -0.046 99.621 -0.060
201506 0.250 100.684 0.321
201509 0.291 100.392 0.375
201512 0.262 99.792 0.340
201603 0.238 100.470 0.307
201606 0.271 101.688 0.345
201609 0.269 101.861 0.342
201612 0.166 101.863 0.211
201703 0.158 102.862 0.199
201706 0.089 103.349 0.111
201709 0.187 104.136 0.232
201712 0.231 104.011 0.287
201803 0.304 105.290 0.374
201806 0.302 106.317 0.368
201809 0.310 106.507 0.377
201812 0.248 105.998 0.303
201903 0.266 107.251 0.321
201906 0.271 108.070 0.325
201909 0.287 108.329 0.343
201912 0.278 108.420 0.332
202003 0.297 108.902 0.353
202006 0.282 108.767 0.336
202009 0.267 109.815 0.315
202012 0.253 109.897 0.298
202103 0.243 111.754 0.281
202106 0.230 114.631 0.260
202109 0.215 115.734 0.240
202112 0.203 117.630 0.223
202203 0.194 121.301 0.207
202206 0.183 125.017 0.189
202209 0.075 125.227 0.078
202212 0.174 125.222 0.180
202303 0.171 127.348 0.174
202306 0.174 128.729 0.175
202309 0.204 129.860 0.203
202312 0.201 129.419 0.201
202403 0.200 129.419 0.200

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Globalstar  (AMEX:GSAT) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Globalstar's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.20/0.24
=5.00

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Globalstar was 8.83. The lowest was 0.23. And the median was 0.94.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Globalstar Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Globalstar's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Globalstar (Globalstar) Business Description

Traded in Other Exchanges
Address
1351 Holiday Square Boulevard, Covington, LA, USA, 70433
Globalstar Inc is a telecommunications company that derives revenue from the provision of mobile satellite services. Mobile satellite services are typically used by customers where existing terrestrial wireline and wireless communications networks are impaired or do not exist. The company provides communications services such as two-way voice and data transmission. In addition, one-way data transmission is also offered. Both services are offered using mobile or fixed devices. The company is an owner of satellite assets. The company generates the vast majority of its revenue within the United States.
Executives
James F Lynch director 461 SOUTH MILPITAS BLVD., MILPITAS CA 95035
Ponder L Barbee Iv officer: General Counsel 300 HOLIDAY SQUARE BLVD., COVINGTON LA 70433
Rebecca Clary officer: VP & Chief Financial Officer 300 HOLIDAY SQUARE BLVD., COVINGTON LA 70433
James Iii Monroe director, 10 percent owner, officer: Chief Executive Officer 461 SOUTH MILPITAS BLVD., MILPITAS CA 95035
Paul E Jacobs director, officer: Chief Executive Officer
Timothy Evan Taylor director 1518 FIRST STREET, NEW ORLEANS LA 70130
Benjamin G Wolff director 2300 CARILLON POINT, KIRKLAND WA 98033
David B. Kagan officer: President & COO 300 HOLIDAY SQUARE BLVD., COVINGTON LA 70433
Keith O Cowan director 2999 CIRCLE 75 PKWY, ATLANTA GA 30339
Michael J Lovett director
Kenneth M Young director C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367
John Kneuer director 300 HOLIDAY SQUARE BLVD., COVINGTON LA 70433
Anthony J Navarra officer: Pres., Global Operations 461 SOUTH MILPITAS BLVD., MILPITAS CA 95035
Bell Frank John Ii officer: Pres. Global Sales & Mkting. 8144 WALNUT HILL LANE, SUITE 800, DALLAS TX 75231
Joseph F Barnett officer: VP & Chief Accounting Officer 300 HOLIDAY SQUARE BLVD., COVINGTON LA 70433