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Sirius XM Holdings (WBO:SIRI) Cyclically Adjusted Book per Share : €-0.30 (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 €-0.612. 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 €-0.30 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 (2024-04-30), Sirius XM Holdings's current stock price is €2.839. Sirius XM Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €-0.30. 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 48.78.


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 0.10 0.07 - -0.17 -0.30

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 -0.17 -0.21 -0.24 -0.30 -0.30

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)
=-0.612/129.4194*129.4194
=-0.612

Current CPI (Dec. 2023) = 129.4194.

Sirius XM Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.325 99.695 0.422
201406 0.192 100.560 0.247
201409 0.164 100.428 0.211
201412 0.188 99.070 0.246
201503 0.149 99.621 0.194
201506 0.074 100.684 0.095
201509 0.010 100.392 0.013
201512 -0.030 99.792 -0.039
201603 -0.101 100.470 -0.130
201606 -0.141 101.688 -0.179
201609 -0.093 101.861 -0.118
201612 -0.158 101.863 -0.201
201703 -0.184 102.862 -0.232
201706 -0.200 103.349 -0.250
201709 -0.191 104.136 -0.237
201712 -0.284 104.011 -0.353
201803 -0.283 105.290 -0.348
201806 -0.262 106.317 -0.319
201809 -0.265 106.507 -0.322
201812 -0.368 105.998 -0.449
201903 0.029 107.251 0.035
201906 -0.096 108.070 -0.115
201909 -0.153 108.329 -0.183
201912 -0.150 108.420 -0.179
202003 -0.154 108.902 -0.183
202006 -0.136 108.767 -0.162
202009 -0.181 109.815 -0.213
202012 -0.450 109.897 -0.530
202103 -0.533 111.754 -0.617
202106 -0.514 114.631 -0.580
202109 -0.541 115.734 -0.605
202112 -0.586 117.630 -0.645
202203 -0.827 121.301 -0.882
202206 -0.866 125.017 -0.896
202209 -0.938 125.227 -0.969
202212 -0.813 125.222 -0.840
202303 -0.785 127.348 -0.798
202306 -0.747 128.729 -0.751
202309 -0.706 129.860 -0.704
202312 -0.612 129.419 -0.612

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


Sirius XM Holdings  (WBO: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 48.78.


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 (WBO:SIRI) Business Description

Traded in Other Exchanges
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.