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Liberty Broadband (Liberty Broadband) Cyclically Adjusted PB Ratio : 0.82 (As of Apr. 27, 2024)


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What is Liberty Broadband Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Liberty Broadband's current share price is $49.25. Liberty Broadband's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $60.17. Liberty Broadband's Cyclically Adjusted PB Ratio for today is 0.82.

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

LBRDK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.39   Max: 2.18
Current: 0.82

During the past years, Liberty Broadband's highest Cyclically Adjusted PB Ratio was 2.18. The lowest was 0.81. And the median was 1.39.

LBRDK's Cyclically Adjusted PB Ratio is ranked better than
68.36% of 275 companies
in the Telecommunication Services industry
Industry Median: 1.46 vs LBRDK: 0.82

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 Broadband's adjusted book value per share data for the three months ended in Dec. 2023 was $62.536. 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 $60.17 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Liberty Broadband Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Liberty Broadband'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 Broadband Cyclically Adjusted PB Ratio Chart

Liberty Broadband 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 - - - 1.32 1.34

Liberty Broadband 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 1.32 1.40 1.34 1.52 1.34

Competitive Comparison of Liberty Broadband's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Liberty Broadband'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 Broadband's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Liberty Broadband's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Liberty Broadband 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 Broadband's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=49.25/60.17
=0.82

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

For example, Liberty Broadband'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)
=62.536/129.4194*129.4194
=62.536

Current CPI (Dec. 2023) = 129.4194.

Liberty Broadband Quarterly Data

Book Value per Share CPI Adj_Book
201403 30.919 99.695 40.138
201406 33.301 100.560 42.858
201409 32.927 100.428 42.432
201412 29.082 99.070 37.991
201503 31.026 99.621 40.306
201506 30.955 100.684 39.790
201509 30.761 100.392 39.655
201512 30.484 99.792 39.534
201603 30.276 100.470 39.000
201606 46.349 101.688 58.989
201609 46.371 101.861 58.917
201612 46.622 101.863 59.235
201703 46.636 102.862 58.677
201706 46.626 103.349 58.388
201709 46.579 104.136 57.888
201712 57.836 104.011 71.964
201803 57.964 105.290 71.248
201806 58.018 106.317 70.625
201809 58.368 106.507 70.925
201812 58.440 105.998 71.353
201903 58.368 107.251 70.433
201906 58.318 108.070 69.839
201909 58.453 108.329 69.833
201912 58.647 108.420 70.006
202003 58.523 108.902 69.549
202006 58.928 108.767 70.117
202009 58.295 109.815 68.702
202012 68.708 109.897 80.914
202103 66.764 111.754 77.317
202106 64.191 114.631 72.472
202109 62.191 115.734 69.545
202112 59.350 117.630 65.299
202203 58.091 121.301 61.979
202206 57.668 125.017 59.699
202209 57.271 125.227 59.189
202212 57.866 125.222 59.806
202303 58.592 127.348 59.545
202306 60.316 128.729 60.640
202309 61.397 129.860 61.189
202312 62.536 129.419 62.536

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 Broadband  (NAS:LBRDK) 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 Broadband Cyclically Adjusted PB Ratio Related Terms

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


Liberty Broadband (Liberty Broadband) 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.
Executives
Sue Ann Hamilton director 12405 POWERSCOURT DRIVE, ST. LOUIS MO 63131
Gregg L Engles director 1225 SEVENTEENTH STREET, SUITE 1000, DENVER CO 80202
Julie D. Frist director 810 JACKSON BLVD., NASHVILLE TN 37205
Renee L Wilm officer: Chief Legal Officer 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
John C Malone director, 10 percent owner 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Brian J Wendling officer: SVP/Controller/PFO 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Mark D Carleton officer: Chief Financial Officer 12300 LIBERTY BLVD., ENGLEWOOD CO 80112
J David Wargo director C/O WARGO & CO, 712 FIFTH AVENUE 41ST FLOOR, NEW YORK NY 10019
Donne F Fisher director 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Welsh John E Iii director AVALON CAPITAL PARTNERS, 181 MAIN ST, COLD SPRING HARBOR NY 11724
Richard R Green director 1550 WEWATTA STREET, STE 1000, DENVER CO 80202
Gregory B Maffei director, officer: President/CEO 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Liberty Media Corp 10 percent owner 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Albert E Rosenthaler officer: Senior Vice President 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Christopher W Shean officer: Senior Vice President/CFO 12300 LIBERTY BLVD., ENGLEWOOD CO 80116

Liberty Broadband (Liberty Broadband) Headlines