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Liberty Formula One Group (Liberty Formula One Group) Cyclically Adjusted PB Ratio : 2.35 (As of May. 31, 2024)


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What is Liberty Formula One Group Cyclically Adjusted PB Ratio?

As of today (2024-05-31), Liberty Formula One Group's current share price is $67.87. Liberty Formula One Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $28.87. Liberty Formula One Group's Cyclically Adjusted PB Ratio for today is 2.35.

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

FWONA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.12   Med: 1.59   Max: 2.32
Current: 2.32

During the past years, Liberty Formula One Group's highest Cyclically Adjusted PB Ratio was 2.32. The lowest was 1.12. And the median was 1.59.

FWONA's Cyclically Adjusted PB Ratio is ranked worse than
75.92% of 677 companies
in the Media - Diversified industry
Industry Median: 1.12 vs FWONA: 2.32

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.

Liberty Formula One Group's adjusted book value per share data for the three months ended in Mar. 2024 was $27.627. 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 $28.87 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Liberty Formula One Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Liberty Formula One Group'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.

Liberty Formula One Group Cyclically Adjusted PB Ratio Chart

Liberty Formula One Group 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 - - 1.59 1.39 1.90

Liberty Formula One Group 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 1.82 1.90 1.73 1.90 2.03

Competitive Comparison of Liberty Formula One Group's Cyclically Adjusted PB Ratio

For the Entertainment subindustry, Liberty Formula One Group'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.


Liberty Formula One Group's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Liberty Formula One Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Liberty Formula One Group's Cyclically Adjusted PB Ratio falls into.



Liberty Formula One Group 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.

Liberty Formula One Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=67.87/28.87
=2.35

* 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.

Liberty Formula One Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Liberty Formula One Group'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)
=27.627/131.7762*131.7762
=27.627

Current CPI (Mar. 2024) = 131.7762.

Liberty Formula One Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 29.414 100.560 38.545
201409 29.507 100.428 38.718
201412 23.977 99.070 31.893
201503 23.888 99.621 31.598
201506 23.829 100.684 31.188
201509 23.658 100.392 31.054
201512 2.123 99.792 2.803
201603 16.101 100.470 21.118
201606 14.572 101.688 18.884
201609 14.972 101.861 19.369
201612 15.347 101.863 19.854
201703 22.301 102.862 28.570
201706 22.846 103.349 29.130
201709 22.680 104.136 28.700
201712 24.560 104.011 31.116
201803 24.491 105.290 30.652
201806 24.460 106.317 30.317
201809 24.605 106.507 30.443
201812 24.024 105.998 29.867
201903 23.331 107.251 28.666
201906 23.116 108.070 28.187
201909 23.165 108.329 28.179
201912 22.616 108.420 27.488
202003 21.556 108.902 26.084
202006 28.538 108.767 34.575
202009 28.048 109.815 33.657
202012 28.255 109.897 33.880
202103 28.043 111.754 33.067
202106 28.312 114.631 32.546
202109 28.044 115.734 31.931
202112 27.305 117.630 30.589
202203 27.065 121.301 29.402
202206 27.533 125.017 29.022
202209 27.989 125.227 29.453
202212 29.547 125.222 31.094
202303 29.074 127.348 30.085
202306 29.549 128.729 30.249
202309 27.128 129.860 27.528
202312 27.360 129.419 27.858
202403 27.627 131.776 27.627

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.


Liberty Formula One Group  (NAS:FWONA) 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.


Liberty Formula One Group Cyclically Adjusted PB Ratio Related Terms

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


Liberty Formula One Group (Liberty Formula One Group) Business Description

Traded in Other Exchanges
Address
12300 Liberty Boulevard, Englewood, CO, USA, 80112
Formula One Group controls the exclusive commercial and promotional rights to the FIA Formula One World Championship series, and the monetization of those rights is the primary business of the group. The firm is responsible for development and promotion of the Formula One race series in concert with its three partners: the FIA (the regulatory body), the teams that participate in the series, and the series' commercial partners, which include the race promoters, broadcasters, sponsors, and advertisers. The F1 schedule in 2023 will encompass 23 races held on five continents. Formula One Group is a subsidiary of Liberty Media, which purchased the firm in January 2017. Formula One stock is a tracking stock for the assets under Formula One Group with Liberty Media.

Liberty Formula One Group (Liberty Formula One Group) Headlines

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