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Sirius XM Holdings (STU:RDO) Cyclically Adjusted PB Ratio : (As of Jun. 01, 2024)


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What is Sirius XM Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sirius XM Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sirius XM Holdings'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.

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Sirius XM Holdings Cyclically Adjusted PB Ratio Chart

Sirius XM Holdings 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 66.36 84.00 - - -

Sirius XM Holdings 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 - - - - -

Competitive Comparison of Sirius XM Holdings's Cyclically Adjusted PB Ratio

For the Entertainment subindustry, Sirius XM Holdings'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.


Sirius XM Holdings's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sirius XM Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sirius XM Holdings 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.

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

For example, Sirius XM Holdings'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)
=-0.567/131.7762*131.7762
=-0.567

Current CPI (Mar. 2024) = 131.7762.

Sirius XM Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.192 100.560 0.252
201409 0.164 100.428 0.215
201412 0.188 99.070 0.250
201503 0.149 99.621 0.197
201506 0.074 100.684 0.097
201509 0.010 100.392 0.013
201512 -0.030 99.792 -0.040
201603 -0.101 100.470 -0.132
201606 -0.141 101.688 -0.183
201609 -0.093 101.861 -0.120
201612 -0.158 101.863 -0.204
201703 -0.184 102.862 -0.236
201706 -0.200 103.349 -0.255
201709 -0.191 104.136 -0.242
201712 -0.284 104.011 -0.360
201803 -0.283 105.290 -0.354
201806 -0.262 106.317 -0.325
201809 -0.265 106.507 -0.328
201812 -0.368 105.998 -0.457
201903 0.029 107.251 0.036
201906 -0.096 108.070 -0.117
201909 -0.153 108.329 -0.186
201912 -0.150 108.420 -0.182
202003 -0.154 108.902 -0.186
202006 -0.136 108.767 -0.165
202009 -0.181 109.815 -0.217
202012 -0.450 109.897 -0.540
202103 -0.533 111.754 -0.628
202106 -0.514 114.631 -0.591
202109 -0.541 115.734 -0.616
202112 -0.586 117.630 -0.656
202203 -0.827 121.301 -0.898
202206 -0.866 125.017 -0.913
202209 -0.938 125.227 -0.987
202212 -0.813 125.222 -0.856
202303 -0.785 127.348 -0.812
202306 -0.747 128.729 -0.765
202309 -0.706 129.860 -0.716
202312 -0.612 129.419 -0.623
202403 -0.567 131.776 -0.567

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.


Sirius XM Holdings  (STU:RDO) 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.


Sirius XM Holdings Cyclically Adjusted PB Ratio Related Terms

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Sirius XM Holdings (STU:RDO) Business Description

Address
1221 Avenue of the Americas, 35th Floor, New York, NY, USA, 10020
Sirius XM Holdings is composed of two businesses: SiriusXM and Pandora. SiriusXM transmits music, talk shows, sports, and news via its two satellite radio networks, primarily to consumers in vehicles who pay a subscription fee. The firm's radios come preinstalled on a wide range of light vehicles in the U.S. and Canada. The firm acquired Pandora Media in February 2019 via an all-stock transaction. Pandora is a streaming music platform that offers an ad-supported radio option and a paid on-demand service as well as a robust and growing podcast library. Liberty Media owns 81% of Sirius XM, traded through its Liberty Sirius XM Group tracking stock.

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