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Liberty Global (Liberty Global) Cyclically Adjusted PB Ratio : 0.62 (As of Apr. 27, 2024)


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What is Liberty Global Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Liberty Global's current share price is $16.35. Liberty Global's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $26.46. Liberty Global's Cyclically Adjusted PB Ratio for today is 0.62.

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

LBTYA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 2.47   Max: 3.7
Current: 0.62

During the past years, Liberty Global's highest Cyclically Adjusted PB Ratio was 3.70. The lowest was 0.58. And the median was 2.47.

LBTYA's Cyclically Adjusted PB Ratio is ranked better than
77.09% of 275 companies
in the Telecommunication Services industry
Industry Median: 1.43 vs LBTYA: 0.62

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 Global's adjusted book value per share data for the three months ended in Dec. 2023 was $49.823. 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 $26.46 for the trailing ten years ended in Dec. 2023.

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
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 0.84 0.82 0.67 0.66 0.67

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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.35/26.46
=0.62

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

For example, Liberty Global'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)
=49.823/130.0000*130.0000
=49.823

Current CPI (Dec. 2023) = 130.0000.

Liberty Global Quarterly Data

Book Value per Share CPI Adj_Book
201403 13.095 99.300 17.144
201406 13.034 99.800 16.978
201409 12.464 100.000 16.203
201412 14.652 99.900 19.067
201503 13.019 99.600 16.993
201506 12.993 100.100 16.874
201509 12.224 100.200 15.859
201512 10.961 100.400 14.193
201603 10.479 100.400 13.568
201606 13.459 101.000 17.323
201609 8.465 101.500 10.842
201612 15.307 102.200 19.471
201703 9.724 102.700 12.309
201706 9.086 103.500 11.412
201709 8.892 104.300 11.083
201712 8.349 105.000 10.337
201803 7.534 105.100 9.319
201806 6.610 105.900 8.114
201809 7.115 106.600 8.677
201812 6.269 107.100 7.609
201903 5.900 107.000 7.168
201906 5.660 107.900 6.819
201909 21.846 108.400 26.199
201912 21.509 108.500 25.771
202003 21.355 108.600 25.563
202006 21.690 108.800 25.916
202009 22.433 109.200 26.706
202012 23.536 109.400 27.968
202103 24.266 109.700 28.756
202106 48.138 111.400 56.175
202109 47.459 112.400 54.890
202112 49.179 114.700 55.739
202203 49.427 116.500 55.155
202206 50.548 120.500 54.533
202209 50.183 122.300 53.343
202212 48.844 125.300 50.676
202303 49.502 126.800 50.751
202306 50.875 129.400 51.111
202309 51.946 130.100 51.906
202312 49.823 130.000 49.823

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  (NAS:LBTYA) 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

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


Liberty Global (Liberty Global) 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.
Executives
Marisa D Drew director 161 HAMMERSMITH ROAD, LONDON X0 XO
Daniel E. Sanchez director C/O DISCOVERY, INC., 8403 COLESVILLE ROAD, SILVER SPRING MD 20910
Berkshire Hathaway Inc 10 percent owner 3555 FARNAM STREET, OMAHA NE 68131
Warren E Buffett 10 percent owner 3555 FARNAM ST, STE 1440, OMAHA NE 68131
Andrea Salvato officer: SVP, CHIEF DEVELOPMENT OFFICER 161 HAMMERSMITH ROAD, LONDON X0 W6 8BS
Enrique Rodriguez officer: EVP, Chief Technology Officer C/O LIBERTY GLOBAL, INC., 1550 WEWATTA STREET STE 1000, DENVER CO 80202
John C Malone director, 10 percent owner 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Jason Waldron officer: SVP & CAO 1550 WEWATTA STREET STE 1000, DENVER CO 80202
J David Wargo director C/O WARGO & CO, 712 FIFTH AVENUE 41ST FLOOR, NEW YORK NY 10019
Paul A Gould director 711 FIFTH AVENUE, 9TH FLOOR, NEW YORK NY 10022
Cole John P Jr director 1919 PENNSYLVANIA AVE N.W., STE 200, WASHINGTON DC 20006
Bernard G Dvorak officer: EVP & Co-CFO C/O LIBERTY GLOBAL, INC., 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Diederik Karsten officer: EVP, European BB Ops C/O LIBERTY GLOBAL, INC., 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
J C Sparkman director 201 EAST SANDPOINTE, 8TH FLOOR, SANTA ANA CA 92707
Miranda Curtis director C/O LIBERTY GLOBAL, INC., 1550 WEWATTA STREET STE 1000, DENVER CO 80202