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Liberty Formula One Group (HAM:LM0F) Cyclically Adjusted PB Ratio : 2.18 (As of May. 22, 2024)


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What is Liberty Formula One Group Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Liberty Formula One Group's current share price is €65.78. Liberty Formula One Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €30.23. Liberty Formula One Group's Cyclically Adjusted PB Ratio for today is 2.18.

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

HAM:LM0F' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.12   Med: 1.59   Max: 2.29
Current: 2.29

During the past years, Liberty Formula One Group's highest Cyclically Adjusted PB Ratio was 2.29. The lowest was 1.12. And the median was 1.59.

HAM:LM0F's Cyclically Adjusted PB Ratio is ranked worse than
76.13% of 662 companies
in the Media - Diversified industry
Industry Median: 1.115 vs HAM:LM0F: 2.29

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 Formula One Group's adjusted book value per share data for the three months ended in Mar. 2024 was €25.417. 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 €30.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Liberty Formula One Group Cyclically Adjusted PB Ratio Historical Data

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

Liberty Formula One 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 - - 1.59 1.39 1.90

Liberty Formula One Group 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 1.82 1.90 1.73 1.90 2.03

Competitive Comparison of Liberty Formula One Group's Cyclically Adjusted PB Ratio

For the Entertainment subindustry, Liberty Formula One 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 Formula One Group's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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



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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=65.78/30.23
=2.18

* 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 Formula One Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Liberty Formula One Group'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)
=25.417/131.7762*131.7762
=25.417

Current CPI (Mar. 2024) = 131.7762.

Liberty Formula One Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 21.648 100.560 28.368
201409 22.897 100.428 30.044
201412 19.445 99.070 25.864
201503 22.072 99.621 29.196
201506 21.232 100.684 27.789
201509 21.079 100.392 27.669
201512 1.949 99.792 2.574
201603 14.459 100.470 18.964
201606 12.969 101.688 16.806
201609 13.340 101.861 17.258
201612 14.549 101.863 18.822
201703 20.851 102.862 26.712
201706 20.333 103.349 25.926
201709 19.028 104.136 24.079
201712 20.753 104.011 26.293
201803 19.863 105.290 24.860
201806 20.938 106.317 25.952
201809 21.087 106.507 26.090
201812 21.117 105.998 26.253
201903 20.648 107.251 25.370
201906 20.458 108.070 24.946
201909 21.034 108.329 25.587
201912 20.355 108.420 24.740
202003 19.508 108.902 23.606
202006 25.342 108.767 30.703
202009 23.813 109.815 28.575
202012 23.225 109.897 27.849
202103 23.556 111.754 27.776
202106 23.499 114.631 27.014
202109 23.837 115.734 27.141
202112 24.165 117.630 27.071
202203 24.575 121.301 26.697
202206 26.046 125.017 27.454
202209 28.269 125.227 29.748
202212 27.892 125.222 29.352
202303 27.155 127.348 28.099
202306 27.274 128.729 27.920
202309 25.419 129.860 25.794
202312 25.089 129.419 25.546
202403 25.417 131.776 25.417

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 Formula One Group  (HAM:LM0F) 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 Formula One Group Cyclically Adjusted PB Ratio Related Terms

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


Liberty Formula One Group (HAM:LM0F) Business Description

Traded in Other Exchanges
Address
12300 Liberty Boulevard, Englewood, CO, USA, 80112
Formula One Group controls the exclusive commercial and promotional rights to the FIA Formula One World Championship series, and the monetization of those rights is the primary business of the group. The firm is responsible for development and promotion of the Formula One race series in concert with its three partners: the FIA (the regulatory body), the teams that participate in the series, and the series' commercial partners, which include the race promoters, broadcasters, sponsors, and advertisers. The F1 schedule in 2023 will encompass 23 races held on five continents. Formula One Group is a subsidiary of Liberty Media, which purchased the firm in January 2017. Formula One stock is a tracking stock for the assets under Formula One Group with Liberty Media.

Liberty Formula One Group (HAM:LM0F) Headlines

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