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Sirius XM Holdings (Sirius XM Holdings) Cyclically Adjusted Book per Share : $-0.33 (As of Dec. 2023)


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What is Sirius XM Holdings 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.

Sirius XM Holdings's adjusted book value per share for the three months ended in Dec. 2023 was $-0.667. 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 $-0.33 for the trailing ten years ended in Dec. 2023.

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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Sirius XM Holdings was 10.10% per year. The lowest was -48.40% per year. And the median was -12.60% per year.

As of today (2024-04-29), Sirius XM Holdings's current stock price is $3.17. Sirius XM Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $-0.33. Sirius XM Holdings's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sirius XM Holdings was 330.50. The lowest was 10.16. And the median was 48.76.


Sirius XM Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sirius XM Holdings'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.

Sirius XM Holdings Cyclically Adjusted Book per Share Chart

Sirius XM Holdings 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 0.11 0.08 - -0.18 -0.33

Sirius XM Holdings 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 -0.18 -0.23 -0.27 -0.30 -0.33

Competitive Comparison of Sirius XM Holdings's Cyclically Adjusted Book per Share

For the Entertainment subindustry, Sirius XM Holdings'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.


Sirius XM Holdings's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Sirius XM Holdings's Cyclically Adjusted PB Ratio falls into.



Sirius XM Holdings 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, Sirius XM Holdings'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)
=-0.667/129.4194*129.4194
=-0.667

Current CPI (Dec. 2023) = 129.4194.

Sirius XM Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.450 99.695 0.584
201406 0.260 100.560 0.335
201409 0.212 100.428 0.273
201412 0.232 99.070 0.303
201503 0.161 99.621 0.209
201506 0.083 100.684 0.107
201509 0.012 100.392 0.015
201512 -0.032 99.792 -0.042
201603 -0.113 100.470 -0.146
201606 -0.159 101.688 -0.202
201609 -0.105 101.861 -0.133
201612 -0.167 101.863 -0.212
201703 -0.197 102.862 -0.248
201706 -0.225 103.349 -0.282
201709 -0.228 104.136 -0.283
201712 -0.337 104.011 -0.419
201803 -0.349 105.290 -0.429
201806 -0.306 106.317 -0.372
201809 -0.309 106.507 -0.375
201812 -0.418 105.998 -0.510
201903 0.033 107.251 0.040
201906 -0.109 108.070 -0.131
201909 -0.169 108.329 -0.202
201912 -0.167 108.420 -0.199
202003 -0.171 108.902 -0.203
202006 -0.153 108.767 -0.182
202009 -0.213 109.815 -0.251
202012 -0.548 109.897 -0.645
202103 -0.634 111.754 -0.734
202106 -0.620 114.631 -0.700
202109 -0.636 115.734 -0.711
202112 -0.662 117.630 -0.728
202203 -0.910 121.301 -0.971
202206 -0.916 125.017 -0.948
202209 -0.928 125.227 -0.959
202212 -0.861 125.222 -0.890
202303 -0.840 127.348 -0.854
202306 -0.809 128.729 -0.813
202309 -0.753 129.860 -0.750
202312 -0.667 129.419 -0.667

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


Sirius XM Holdings  (NAS:SIRI) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sirius XM Holdings was 330.50. The lowest was 10.16. And the median was 48.76.


Be Aware

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


Sirius XM Holdings Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Sirius XM Holdings's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Sirius XM Holdings (Sirius XM Holdings) Business Description

Address
1221 Avenue of the Americas, 35th Floor, New York, NY, USA, 10020
Sirius XM Holdings is composed of two businesses: SiriusXM and Pandora. SiriusXM transmits music, talk shows, sports, and news via its two satellite radio networks, primarily to consumers in vehicles who pay a subscription fee. The firm's radios come preinstalled on a wide range of light vehicles in the U.S. and Canada. The firm acquired Pandora Media in February 2019 via an all-stock transaction. Pandora is a streaming music platform that offers an ad-supported radio option and a paid on-demand service as well as a robust and growing podcast library. Liberty Media owns 81% of Sirius XM, traded through its Liberty Sirius XM Group tracking stock.
Executives
Joseph A Inzerillo officer: Chief Product & Tech. Officer 173 WATER STREET, BROOKLYN NY 11201
David Adam Blau director 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112-7009
Sean S Sullivan officer: EVP and CFO 11 PENN PLAZA, NEW YORK NY 10001
Jonelle Procope director 1221 AVENUE OF THE AMERICAS, 35TH FLOOR, NEW YORK NY 10020
Stephen Cook officer: EVP, Sales and Automotive
Kristina Salen director 1601 CLOVERFIELD BLVD., SUITE 620, SANTA MONICA CA 90404
Dara F Altman officer: EVP & Chief Admin. Officer SIRIUS XM RADIO INC., 1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Joan Lordi Amble director AMERICAN EXPRESS COMPANY, 200 VESEY STREET, NEW YORK NY 10285
Carl E Vogel director C/O SIRIUS XM RADIO INC., 1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020
James E Meyer officer: President, Sales & Operations 6922 HOLLYWOOD BLVD., 12TH FLOOR, LOS ANGELES CA 90028
Vanessa Ames Wittman director C/O MARSH & MCLENNAN COMPANIES, INC., 1166 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Scott Andrew Greenstein officer: Pres., Entertainment & Sports SIRIUS XM RADIO INC., 1221 AVENUE OF THE AMERICAS, 36TH FLOOR, NEW YORK NY 10020
James Mooney director 1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020
David J Frear officer: EVP and CFO 1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020
James Arthur Cady officer: EVP, Product and Operations 1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020