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SATS (SPASF) Cyclically Adjusted PB Ratio : 1.58 (As of Jun. 01, 2024)


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What is SATS Cyclically Adjusted PB Ratio?

As of today (2024-06-01), SATS's current share price is $1.875. SATS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $1.19. SATS's Cyclically Adjusted PB Ratio for today is 1.58.

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

SPASF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.52   Med: 2.8   Max: 4.13
Current: 1.75

During the past years, SATS's highest Cyclically Adjusted PB Ratio was 4.13. The lowest was 1.52. And the median was 2.80.

SPASF's Cyclically Adjusted PB Ratio is ranked worse than
64.57% of 717 companies
in the Transportation industry
Industry Median: 1.27 vs SPASF: 1.75

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.

SATS's adjusted book value per share data for the three months ended in Dec. 2023 was $1.179. 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 $1.19 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


SATS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SATS'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.

SATS Cyclically Adjusted PB Ratio Chart

SATS 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 3.50 2.14 2.91 2.72 1.78

SATS 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 1.75 1.78 1.63 1.63 1.73

Competitive Comparison of SATS's Cyclically Adjusted PB Ratio

For the Airports & Air Services subindustry, SATS'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.


SATS's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, SATS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



SATS 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.875/1.19
=1.58

* 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.

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

For example, SATS'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)
=1.179/129.4194*129.4194
=1.179

Current CPI (Dec. 2023) = 129.4194.

SATS Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.945 99.695 1.227
201406 0.981 100.560 1.263
201409 0.944 100.428 1.217
201412 0.901 99.070 1.177
201503 0.895 99.621 1.163
201506 0.940 100.684 1.208
201509 0.873 100.392 1.125
201512 0.885 99.792 1.148
201603 0.926 100.470 1.193
201606 0.979 101.688 1.246
201609 0.952 101.861 1.210
201612 0.913 101.863 1.160
201703 0.968 102.862 1.218
201706 1.015 103.349 1.271
201709 0.999 104.136 1.242
201712 1.000 104.011 1.244
201803 1.053 105.290 1.294
201806 1.067 106.317 1.299
201809 0.992 106.507 1.205
201812 0.993 105.998 1.212
201903 1.033 107.251 1.247
201906 1.064 108.070 1.274
201909 1.003 108.329 1.198
201912 1.009 108.420 1.204
202003 0.965 108.902 1.147
202006 0.960 108.767 1.142
202009 0.954 109.815 1.124
202012 0.974 109.897 1.147
202103 0.973 111.754 1.127
202106 0.986 114.631 1.113
202109 0.986 115.734 1.103
202112 0.977 117.630 1.075
202203 0.994 121.301 1.061
202206 0.962 125.017 0.996
202209 0.936 125.227 0.967
202212 0.953 125.222 0.985
202303 1.170 127.348 1.189
202306 1.152 128.729 1.158
202309 1.145 129.860 1.141
202312 1.179 129.419 1.179

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.


SATS  (OTCPK:SPASF) 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.


SATS Cyclically Adjusted PB Ratio Related Terms

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


SATS (SPASF) Business Description

Industry
Traded in Other Exchanges
Address
20 Airport Boulevard, SATS Inflight Catering Centre 1, Singapore, SGP, 819659
SATS Ltd is a Singapore-based provider of ground-handling and in-flight catering services for air transportation in Asia and Australia. Additionally, it offers food distribution and logistics, industrial catering, and other amenities for hospitality and government agencies. The company has three reportable segments: food solutions (segment by revenue), gateway services, and others. It has partnerships with multiple airlines to provide catering during flights and offers experience in planning airline menus, cabin upkeep, and washing laundry to improve airlines' appearance. Gateway services cover the gamut of procedures airports must handle for each passenger. Baggage, ramp handling, passenger services, and terminal management are all offered to customers.

SATS (SPASF) Headlines

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