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KVH Industries (KVH Industries) Cyclically Adjusted PB Ratio : 0.60 (As of May. 23, 2024)


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What is KVH Industries Cyclically Adjusted PB Ratio?

As of today (2024-05-23), KVH Industries's current share price is $5.14. KVH Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $8.52. KVH Industries's Cyclically Adjusted PB Ratio for today is 0.60.

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

KVHI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 1.42   Max: 2.36
Current: 0.61

During the past years, KVH Industries's highest Cyclically Adjusted PB Ratio was 2.36. The lowest was 0.53. And the median was 1.42.

KVHI's Cyclically Adjusted PB Ratio is ranked better than
83.03% of 1868 companies
in the Hardware industry
Industry Median: 1.66 vs KVHI: 0.61

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.

KVH Industries's adjusted book value per share data for the three months ended in Mar. 2024 was $7.345. 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 $8.52 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


KVH Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for KVH Industries'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.

KVH Industries Cyclically Adjusted PB Ratio Chart

KVH Industries 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 1.50 1.51 1.16 1.23 0.62

KVH Industries 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 1.35 1.08 0.60 0.62 0.60

Competitive Comparison of KVH Industries's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, KVH Industries'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.


KVH Industries's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



KVH Industries 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.

KVH Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.14/8.52
=0.60

* 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.

KVH Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, KVH Industries'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)
=7.345/131.7762*131.7762
=7.345

Current CPI (Mar. 2024) = 131.7762.

KVH Industries Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.651 100.560 10.026
201409 7.477 100.428 9.811
201412 7.522 99.070 10.005
201503 7.111 99.621 9.406
201506 7.390 100.684 9.672
201509 7.236 100.392 9.498
201512 7.538 99.792 9.954
201603 7.261 100.470 9.523
201606 6.965 101.688 9.026
201609 6.777 101.861 8.767
201612 6.354 101.863 8.220
201703 6.094 102.862 7.807
201706 6.173 103.349 7.871
201709 6.185 104.136 7.827
201712 6.169 104.011 7.816
201803 6.097 105.290 7.631
201806 5.802 106.317 7.191
201809 5.735 106.507 7.096
201812 5.608 105.998 6.972
201903 5.355 107.251 6.580
201906 8.538 108.070 10.411
201909 8.380 108.329 10.194
201912 8.332 108.420 10.127
202003 7.888 108.902 9.545
202006 7.716 108.767 9.348
202009 7.674 109.815 9.209
202012 7.156 109.897 8.581
202103 6.970 111.754 8.219
202106 6.744 114.631 7.753
202109 6.983 115.734 7.951
202112 6.821 117.630 7.641
202203 6.617 121.301 7.188
202206 6.504 125.017 6.856
202209 8.063 125.227 8.485
202212 8.253 125.222 8.685
202303 8.146 127.348 8.429
202306 8.236 128.729 8.431
202309 8.006 129.860 8.124
202312 7.515 129.419 7.652
202403 7.345 131.776 7.345

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.


KVH Industries  (NAS:KVHI) 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.


KVH Industries Cyclically Adjusted PB Ratio Related Terms

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


KVH Industries (KVH Industries) Business Description

Industry
Traded in Other Exchanges
N/A
Address
50 Enterprise Center, Middletown, RI, USA, 02842
KVH Industries Inc is a manufacturer of solutions that provide high-speed Internet, television, and voice services through satellite to mobile users at sea and on land. The company also provides commercially licensed entertainment, including news, sports, music, and movies, to commercial and leisure customers in the maritime, hotel, and retail markets. The Company operates in a number of geographic areas, including internationally. The Revenues are generated from international locations, mainly consisting of Singapore, Canada, European Union countries and other European countries, countries in Africa, Asia/Pacific and the Middle East, and India.
Executives
Stephen H Deckoff director, 10 percent owner 1 SOUND SHORE DRIVE, SUITE 200, GREENWICH CT 06830
Black Diamond Capital Management, L.l.c. 10 percent owner 2187 ATLANTIC STREET, 9TH FLOOR, STAMFORD CT 06902
Needham Group, Inc. 10 percent owner 445 PARK AVENUE, NEW YORK NY 10022
James S Dodez director 50 ENTERPRISE CENTER, MIDDLETOWN RI 02842
Cielo Hernandez director C/O XL FLEET CORP., 145 NEWTON STREET, BOSTON MA 02135
Jennifer Louise Baker officer: VP/CAO 50 ENTERPRISE CENTER, MIDDLETOWN RI 02842
Felise Feingold officer: SVP General Counsel 50 ENTERPRISE CENTER, MIDDLETOWN RI 02842
Robert J Balog officer: Chief Technology Officer` 50 ENTERPRISE CENTER, MIDDLETOWN RI 02842
Brent C Bruun officer: Interim CEO 50 ENTERPRISE CENTER, MIDDLETOWN RI 02842
David B. Kagan director 300 HOLIDAY SQUARE BLVD., COVINGTON LA 70433
David Tolley director C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Daniel R Conway officer: EVP Inertial Navigation C/O KVH INDUSTRIES INC, 50 ENTERPRISE CENTER, MIDDLETOWN RI 02842
George A Needham 10 percent owner C/O NEEDHAM & COMPANY, LLC, 445 PARK AVE, NEW YORK NY 10022
Roger Kuebel officer: CFO 50 ENTERPRISE CENTER, MIDDLETOWN RI 02842
Kits Van Heyningen Martin other: Sr. Advisor 50 ENTERPRISE CENTER, MIDDLETOWN RI 02842