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Liberty Formula One Group (Liberty Formula One Group) Cyclically Adjusted Book per Share : $30.50 (As of Dec. 2023)


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What is Liberty Formula One Group Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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 for the three months ended in Dec. 2023 was $27.360. 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 $30.50 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Liberty Formula One Group's average Cyclically Adjusted Book Growth Rate was -19.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-04-27), Liberty Formula One Group's current stock price is $61.63. Liberty Formula One Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $30.50. Liberty Formula One Group's Cyclically Adjusted PB Ratio of today is 2.02.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Liberty Formula One Group was 2.16. The lowest was 1.12. And the median was 1.59.


Liberty Formula One Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Liberty Formula One Group's Cyclically Adjusted Book per Share 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 Book per Share Chart

Liberty Formula One Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 36.58 37.64 30.50

Liberty Formula One Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 37.64 36.31 34.70 32.77 30.50

Competitive Comparison of Liberty Formula One Group's Cyclically Adjusted Book per Share

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 Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Liberty Formula One Group'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)
=27.36/129.4194*129.4194
=27.360

Current CPI (Dec. 2023) = 129.4194.

Liberty Formula One Group Quarterly Data

Book Value per Share CPI Adj_Book
201403 86.863 99.695 112.762
201406 29.414 100.560 37.856
201409 29.507 100.428 38.025
201412 23.977 99.070 31.322
201503 23.888 99.621 31.033
201506 23.829 100.684 30.630
201509 23.658 100.392 30.499
201512 2.123 99.792 2.753
201603 16.101 100.470 20.740
201606 14.572 101.688 18.546
201609 14.972 101.861 19.023
201612 15.347 101.863 19.499
201703 22.301 102.862 28.059
201706 22.846 103.349 28.609
201709 22.680 104.136 28.187
201712 24.560 104.011 30.560
201803 24.491 105.290 30.104
201806 24.460 106.317 29.775
201809 24.605 106.507 29.898
201812 24.024 105.998 29.332
201903 23.331 107.251 28.154
201906 23.116 108.070 27.683
201909 23.165 108.329 27.675
201912 22.616 108.420 26.996
202003 21.556 108.902 25.617
202006 28.538 108.767 33.957
202009 28.048 109.815 33.055
202012 28.255 109.897 33.274
202103 28.043 111.754 32.476
202106 28.312 114.631 31.964
202109 28.044 115.734 31.360
202112 27.305 117.630 30.042
202203 27.065 121.301 28.876
202206 27.533 125.017 28.503
202209 27.989 125.227 28.926
202212 29.547 125.222 30.537
202303 29.074 127.348 29.547
202306 29.549 128.729 29.708
202309 27.128 129.860 27.036
202312 27.360 129.419 27.360

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Liberty Formula One Group  (NAS:FWONA) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=61.63/30.5
=2.02

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Liberty Formula One Group was 2.16. The lowest was 1.12. And the median was 1.59.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Liberty Formula One Group Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Liberty Formula One Group's Cyclically Adjusted Book per Share 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.