GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Liberty Global Ltd (NAS:LBTYB) » Definitions » Cyclically Adjusted Price-to-FCF

Liberty Global (Liberty Global) Cyclically Adjusted Price-to-FCF : 3.27 (As of Apr. 27, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Liberty Global Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Liberty Global's current share price is $16.33. Liberty Global's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $5.00. Liberty Global's Cyclically Adjusted Price-to-FCF for today is 3.27.

The historical rank and industry rank for Liberty Global's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

LBTYB' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3   Med: 6.75   Max: 19.81
Current: 3.28

During the past years, Liberty Global's highest Cyclically Adjusted Price-to-FCF was 19.81. The lowest was 3.00. And the median was 6.75.

LBTYB's Cyclically Adjusted Price-to-FCF is ranked better than
90.86% of 186 companies
in the Telecommunication Services industry
Industry Median: 13.505 vs LBTYB: 3.28

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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Liberty Global's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.201. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $5.00 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Liberty Global Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Liberty Global's Cyclically Adjusted Price-to-FCF 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 Price-to-FCF Chart

Liberty Global Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.67 5.68 6.12 3.87 3.56

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 Price-to-FCF 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 3.87 3.96 3.34 3.40 3.56

Competitive Comparison of Liberty Global's Cyclically Adjusted Price-to-FCF

For the Telecom Services subindustry, Liberty Global's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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 Price-to-FCF Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Liberty Global's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Liberty Global's Cyclically Adjusted Price-to-FCF falls into.



Liberty Global Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF 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 Price-to-FCF.

Liberty Global's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=16.33/5
=3.27

* 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 FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Liberty Global's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.201/130.0000*130.0000
=1.201

Current CPI (Dec. 2023) = 130.0000.

Liberty Global Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.650 99.300 0.851
201406 0.988 99.800 1.287
201409 0.620 100.000 0.806
201412 0.863 99.900 1.123
201503 0.746 99.600 0.974
201506 0.667 100.100 0.866
201509 0.896 100.200 1.162
201512 1.243 100.400 1.609
201603 0.459 100.400 0.594
201606 1.150 101.000 1.480
201609 0.820 101.500 1.050
201612 2.431 102.200 3.092
201703 0.538 102.700 0.681
201706 1.927 103.500 2.420
201709 1.276 104.300 1.590
201712 1.559 105.000 1.930
201803 0.984 105.100 1.217
201806 2.115 105.900 2.596
201809 0.746 106.600 0.910
201812 1.926 107.100 2.338
201903 0.585 107.000 0.711
201906 1.891 107.900 2.278
201909 0.511 108.400 0.613
201912 1.940 108.500 2.324
202003 0.161 108.600 0.193
202006 1.372 108.800 1.639
202009 1.405 109.200 1.673
202012 1.926 109.400 2.289
202103 0.614 109.700 0.728
202106 1.307 111.400 1.525
202109 0.603 112.400 0.697
202112 1.261 114.700 1.429
202203 0.533 116.500 0.595
202206 0.974 120.500 1.051
202209 0.509 122.300 0.541
202212 1.097 125.300 1.138
202303 -0.153 126.800 -0.157
202306 0.862 129.400 0.866
202309 -0.002 130.100 -0.002
202312 1.201 130.000 1.201

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF 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:LBTYB) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow 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 Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Liberty Global Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Liberty Global's Cyclically Adjusted Price-to-FCF 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.