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Comtech Telecommunications (Comtech Telecommunications) Cyclically Adjusted PB Ratio : 0.10 (As of Jun. 05, 2024)


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What is Comtech Telecommunications Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Comtech Telecommunications's current share price is $2.54. Comtech Telecommunications's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $24.63. Comtech Telecommunications's Cyclically Adjusted PB Ratio for today is 0.10.

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

CMTL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.92   Max: 1.95
Current: 0.1

During the past years, Comtech Telecommunications's highest Cyclically Adjusted PB Ratio was 1.95. The lowest was 0.07. And the median was 0.92.

CMTL's Cyclically Adjusted PB Ratio is ranked better than
98.46% of 1886 companies
in the Hardware industry
Industry Median: 1.68 vs CMTL: 0.10

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.

Comtech Telecommunications's adjusted book value per share data for the three months ended in Jan. 2024 was $14.293. 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 $24.63 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Comtech Telecommunications Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Comtech Telecommunications'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.

Comtech Telecommunications Cyclically Adjusted PB Ratio Chart

Comtech Telecommunications Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.17 0.65 0.99 0.45 0.40

Comtech Telecommunications Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.62 0.41 0.40 0.49 0.26

Competitive Comparison of Comtech Telecommunications's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Comtech Telecommunications'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.


Comtech Telecommunications's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Comtech Telecommunications 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.

Comtech Telecommunications's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.54/24.63
=0.10

* 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.

Comtech Telecommunications's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=14.293/130.1244*130.1244
=14.293

Current CPI (Jan. 2024) = 130.1244.

Comtech Telecommunications Quarterly Data

Book Value per Share CPI Adj_Book
201404 24.106 100.023 31.361
201407 24.564 100.520 31.798
201410 24.590 100.176 31.942
201501 24.777 98.604 32.698
201504 24.817 99.824 32.350
201507 24.883 100.691 32.157
201510 24.717 100.346 32.052
201601 24.618 99.957 32.048
201604 23.486 100.947 30.274
201607 20.159 101.524 25.838
201610 19.611 101.988 25.021
201701 19.804 102.456 25.152
201704 19.926 103.167 25.133
201707 20.357 103.278 25.649
201710 20.164 104.070 25.212
201801 20.771 104.578 25.845
201804 21.055 105.708 25.918
201807 21.223 106.324 25.974
201810 21.171 106.695 25.820
201901 21.444 106.200 26.275
201904 21.748 107.818 26.247
201907 22.072 108.250 26.532
201910 22.063 108.577 26.441
202001 22.299 108.841 26.660
202004 22.070 108.173 26.549
202007 22.068 109.318 26.268
202010 18.398 109.861 21.792
202101 18.512 110.364 21.826
202104 18.859 112.673 21.780
202107 19.076 115.183 21.551
202110 18.438 116.696 20.560
202201 17.642 118.619 19.353
202204 17.513 121.978 18.683
202207 16.881 125.002 17.573
202210 16.357 125.734 16.928
202301 16.008 126.223 16.503
202304 15.807 127.992 16.070
202307 15.618 128.974 15.757
202310 15.470 129.810 15.508
202401 14.293 130.124 14.293

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.


Comtech Telecommunications  (NAS:CMTL) 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.


Comtech Telecommunications Cyclically Adjusted PB Ratio Related Terms

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


Comtech Telecommunications (Comtech Telecommunications) Business Description

Traded in Other Exchanges
Address
68 South Service Road, Suite 230, Melville, NY, USA, 11747
Comtech Telecommunications Corp is a provider of modern communications solutions. The company is engaged in designing, developing, producing and marketing products, systems, and services for communications solutions. It is engaged in two business segments, Satellite and Space Communications and Terrestrial and Wireless Networks. Majority of sales are generated from Satellite and Space Communications segment.
Executives
Wendi B. Carpenter director 2401 EAST 86TH ST., BLOOMINGTON MN 55425
Mark R. Quinlan director 150 EAST 52ND STREET, 21ST FLOOR, NEW YORK NY 10022
Bruce T Crawford director 255 SOUTH KING ST., SUITE 1800, SEATTLE WA 98104
Ellen M. Lord director 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Maria Hedden officer: Chief Operating Officer 68 SOUTH SERVICE ROAD, SUITE 230, MELVILLE NY 11747
Donald E. Walther officer: Chief Legal Officer 500 108TH AVENUE NE, SUITE 1500, BELLEVUE WA 98004
Michael Bondi officer: Corporate Controller 68 SOUTH SERVICE ROAD, SUITE 230, MELVILLE NY 11747
Ken Allen Peterman director 68 SOUTH SERVICE ROAD, SUITE 230, MELVILLE NY 11747
Yelena Simonyuk officer: Chief Legal Officer 68 S. SERVICE ROAD, SUITE 230, MELVILLE NY 11747
Michael Porcelain officer: VP of Finance & Internal Audit 68 SOUTH SERVICE ROAD, SUITE 230, MELVILLE NY 11747
Yacov A Shamash director
Lisa /adv Lesavoy director 166 E 63RD ST, NEW YORK NY 10021
Judy Chambers director 68 SOUTH SERVICE ROAD, SUITE 230, MELVILLE NY 11747
Richard L Burt officer: Sr. Vice President 68 SOUTH SERVICE ROAD, SUITE 230, MELVILLE NY 11747
John Branscum officer: Sr. Vice President COMTECH TELECOMMUNICATIONS CORP., 68 SOUTH SERVICE RD., SUITE 230, MELVILLE NY 11747