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Liberty Global (LTS:0XHR) Cyclically Adjusted PB Ratio : (As of May. 27, 2024)


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What is Liberty Global Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Liberty Global Cyclically Adjusted PB Ratio Historical Data

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

Liberty Global 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 2.01 1.91 1.66 0.84 0.67

Liberty Global 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 0.82 0.67 0.66 0.67 0.61

Competitive Comparison of Liberty Global's Cyclically Adjusted PB Ratio

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

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

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



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

For example, Liberty Global'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)
=45.758/131.6000*131.6000
=45.758

Current CPI (Mar. 2024) = 131.6000.

Liberty Global Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.034 99.800 17.187
201409 12.464 100.000 16.403
201412 14.652 99.900 19.301
201503 13.019 99.600 17.202
201506 12.993 100.100 17.082
201509 12.224 100.200 16.055
201512 10.961 100.400 14.367
201603 10.479 100.400 13.735
201606 13.459 101.000 17.537
201609 8.465 101.500 10.975
201612 15.307 102.200 19.710
201703 9.724 102.700 12.460
201706 9.086 103.500 11.553
201709 8.892 104.300 11.219
201712 8.349 105.000 10.464
201803 7.534 105.100 9.434
201806 6.610 105.900 8.214
201809 7.115 106.600 8.784
201812 6.269 107.100 7.703
201903 5.900 107.000 7.256
201906 5.660 107.900 6.903
201909 21.846 108.400 26.522
201912 21.509 108.500 26.088
202003 21.355 108.600 25.878
202006 21.690 108.800 26.235
202009 22.433 109.200 27.035
202012 23.536 109.400 28.312
202103 24.266 109.700 29.110
202106 48.138 111.400 56.867
202109 47.459 112.400 55.566
202112 49.179 114.700 56.425
202203 49.427 116.500 55.833
202206 50.548 120.500 55.204
202209 50.183 122.300 53.999
202212 48.844 125.300 51.300
202303 49.502 126.800 51.376
202306 50.875 129.400 51.740
202309 51.946 130.100 52.545
202312 47.331 130.500 47.730
202403 45.758 131.600 45.758

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 Global  (LTS:0XHR) 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 Global Cyclically Adjusted PB Ratio Related Terms

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Liberty Global (LTS:0XHR) Business Description

Traded in Other Exchanges
Address
161 Hammersmith Road, Griffin House, London, GBR, W6 8BS
Liberty Global is a holding company with interests in several telecom companies in the U.K., Netherlands, Belgium, Switzerland, Ireland, and Slovakia. Liberty is the owner of the main cable network in each of these geographies and has pursued a strategy since 2016 to merge or partner with mobile-network-operators to be able to offer converged services. Liberty also owns minority stakes in other media, entertainment, and cloud companies.

Liberty Global (LTS:0XHR) Headlines

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