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Liberty SiriusXM Group (Liberty SiriusXM Group) Cyclically Adjusted PB Ratio : 0.68 (As of Apr. 27, 2024)


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What is Liberty SiriusXM Group Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Liberty SiriusXM Group's current share price is $24.31. Liberty SiriusXM Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $35.98. Liberty SiriusXM Group's Cyclically Adjusted PB Ratio for today is 0.68.

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

LSXMA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.81   Max: 1.17
Current: 0.68

During the past years, Liberty SiriusXM Group's highest Cyclically Adjusted PB Ratio was 1.17. The lowest was 0.51. And the median was 0.81.

LSXMA's Cyclically Adjusted PB Ratio is ranked better than
66.88% of 631 companies
in the Media - Diversified industry
Industry Median: 1.1 vs LSXMA: 0.68

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 SiriusXM Group's adjusted book value per share data for the three months ended in Dec. 2023 was $31.125. 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 $35.98 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Liberty SiriusXM Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Liberty SiriusXM 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 SiriusXM Group Cyclically Adjusted PB Ratio Chart

Liberty SiriusXM 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 - - 1.05 0.78 0.80

Liberty SiriusXM 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 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 0.78 0.56 0.65 0.70 0.80

Competitive Comparison of Liberty SiriusXM Group's Cyclically Adjusted PB Ratio

For the Broadcasting subindustry, Liberty SiriusXM 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 SiriusXM Group's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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



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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.31/35.98
=0.68

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

For example, Liberty SiriusXM 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)
=31.125/129.4194*129.4194
=31.125

Current CPI (Dec. 2023) = 129.4194.

Liberty SiriusXM Group Quarterly Data

Book Value per Share CPI Adj_Book
201403 39.390 99.695 51.135
201406 38.930 100.560 50.103
201409 39.056 100.428 50.331
201412 31.749 99.070 41.475
201503 31.499 99.621 40.921
201506 30.850 100.684 39.655
201509 30.624 100.392 39.479
201512 28.351 99.792 36.768
201603 28.667 100.470 36.927
201606 29.471 101.688 37.508
201609 29.602 101.861 37.611
201612 29.759 101.863 37.810
201703 29.884 102.862 37.600
201706 30.050 103.349 37.630
201709 30.246 104.136 37.590
201712 31.961 104.011 39.769
201803 32.266 105.290 39.661
201806 32.425 106.317 39.471
201809 32.426 106.507 39.402
201812 32.187 105.998 39.299
201903 33.781 107.251 40.764
201906 33.715 108.070 40.376
201909 33.547 108.329 40.078
201912 33.385 108.420 39.851
202003 33.897 108.902 40.283
202006 28.034 108.767 33.357
202009 27.381 109.815 32.269
202012 24.353 109.897 28.679
202103 23.586 111.754 27.314
202106 24.186 114.631 27.306
202109 24.553 115.734 27.456
202112 24.038 117.630 26.447
202203 24.559 121.301 26.203
202206 25.686 125.017 26.591
202209 25.905 125.227 26.772
202212 26.826 125.222 27.725
202303 27.314 127.348 27.758
202306 28.018 128.729 28.168
202309 30.455 129.860 30.352
202312 31.125 129.419 31.125

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 SiriusXM Group  (NAS:LSXMA) 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 SiriusXM Group Cyclically Adjusted PB Ratio Related Terms

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


Liberty SiriusXM Group (Liberty SiriusXM Group) Business Description

Address
12300 Liberty Boulevard, Englewood, CO, USA, 80112
Liberty SiriusXM Group through its subsidiary holding is engaged in providing a subscription-based satellite radio service. It transmits music, sports, entertainment, comedy, talk, news, traffic and weather channels, as well as infotainment services. The firm's segments include Sirius XM Holdings, Formula 1, and Braves Group. The company distributes its satellite radios through automakers and rental car companies, as well as through its retail locations and Website; and satellite radio services to various automaker customers. Geographically it offers services in the region of the US and Canada.
Executives
Berkshire Hathaway Inc 10 percent owner 3555 FARNAM STREET, OMAHA NE 68131
Larry E Romrell director 12300 LIBERTY BLVD., ENGLEWOOD CO 80112
Gilchrist Malcolm Ian Grant director 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Gregory B Maffei director, officer: President, CEO 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
John C Malone officer: Chairman 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Albert E Rosenthaler officer: Senior Vice President 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Brian J Wendling officer: SVP/Controller/PFO 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Andrea L Wong director 12300 LIBERTY BLVD., ENGLEWOOD CO 80112
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
David E Rapley director 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
R. Ted Weschler, other: Member of 10% owner group 404B EAST MAIN STREET, 2ND FLOOR, CHARLOTTESVILLE VA 22902
Warren E Buffett 10 percent owner 3555 FARNAM ST, STE 1440, OMAHA NE 68131
Derek Chang director C/O CHARTER COMMUNICATIONS INC, 12405 POWERCOURT DR, ST LOUIS MO 63131
Renee L Wilm officer: Chief Legal Officer 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Richard N Baer officer: SVP, General Counsel