GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Liberty Broadband Corp (BSP:LBRD34) » Definitions » Cyclically Adjusted Price-to-FCF

Liberty Broadband (BSP:LBRD34) Cyclically Adjusted Price-to-FCF : (As of May. 22, 2024)


View and export this data going back to 2019. Start your Free Trial

What is Liberty Broadband Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Liberty Broadband Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Liberty Broadband's Cyclically Adjusted Price-to-FCF 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 Broadband Cyclically Adjusted Price-to-FCF Chart

Liberty Broadband Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Liberty Broadband Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 Liberty Broadband's Cyclically Adjusted Price-to-FCF

For the Telecom Services subindustry, Liberty Broadband's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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 Broadband's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Liberty Broadband's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Liberty Broadband's Cyclically Adjusted Price-to-FCF falls into.



Liberty Broadband Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF 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 Price-to-FCF.

Liberty Broadband's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Liberty Broadband's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.026/131.7762*131.7762
=-0.026

Current CPI (Mar. 2024) = 131.7762.

Liberty Broadband Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.031 100.560 -0.041
201409 -0.020 100.428 -0.026
201412 -0.051 99.070 -0.068
201503 0.039 99.621 0.052
201506 0.120 100.684 0.157
201509 -0.044 100.392 -0.058
201512 -0.045 99.792 -0.059
201603 -0.002 100.470 -0.003
201606 -0.014 101.688 -0.018
201609 0.004 101.861 0.005
201612 -0.011 101.863 -0.014
201703 -0.014 102.862 -0.018
201706 -0.003 103.349 -0.004
201709 -0.017 104.136 -0.022
201712 -0.010 104.011 -0.013
201803 -0.006 105.290 -0.008
201806 -0.005 106.317 -0.006
201809 -0.018 106.507 -0.022
201812 -0.018 105.998 -0.022
201903 -0.020 107.251 -0.025
201906 -0.015 108.070 -0.018
201909 -0.013 108.329 -0.016
201912 -0.020 108.420 -0.024
202003 -0.032 108.902 -0.039
202006 -0.003 108.767 -0.004
202009 -0.052 109.815 -0.062
202012 -0.142 109.897 -0.170
202103 0.395 111.754 0.466
202106 -0.229 114.631 -0.263
202109 -0.038 115.734 -0.043
202112 -0.471 117.630 -0.528
202203 0.142 121.301 0.154
202206 -0.306 125.017 -0.323
202209 -0.375 125.227 -0.395
202212 -0.132 125.222 -0.139
202303 -0.038 127.348 -0.039
202306 -0.377 128.729 -0.386
202309 -0.126 129.860 -0.128
202312 -0.031 129.419 -0.032
202403 -0.026 131.776 -0.026

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF 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 Broadband  (BSP:LBRD34) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow 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 Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Liberty Broadband Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Liberty Broadband's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Liberty Broadband (BSP:LBRD34) Business Description

Address
12300 Liberty Boulevard, Englewood, CO, USA, 80112
Liberty Broadband Corp serves in the telecommunications industry in the United States. It provides cable services to both residential and small to medium businesses through its fiber, hybrid fiber, and coaxial cable infrastructure. The services provided by the company are residential services which include video services, internet services, voice services, and mobile services, commercial services which include small, and medium business and enterprise solutions, advertising services, and other services which include security and home management. The reportable segments of the company are GCI Holdings, Charter. The firm derives the majority of its revenue from GCI Holdings.

Liberty Broadband (BSP:LBRD34) Headlines

No Headlines