Sirius XM Holdings (BSP:SRXM34) Cyclically Adjusted PB Ratio: (As of Jul. 28, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:SRXM34 Sirius XM Holdings Inc BSP:SRXM34
73 GF Score
Price R$17.75
GF Value R$15.04
! 11 Warning Signs
View Full Analysis

What is Sirius XM Holdings Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sirius XM Holdings  (BSP:SRXM34) 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.


Sirius XM Holdings Cyclically Adjusted PB Ratio Related Terms


Sirius XM Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sirius XM Holdings'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.

Sirius XM Holdings Cyclically Adjusted PB Ratio Chart

Sirius XM Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 12.20

Sirius XM Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 30.37 12.20 8.94

BSP:SRXM34 vs MSGS, PSKY, LLYVA: Cyclically Adjusted PB Ratio Comparison

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 Cyclically Adjusted PB Ratio vs 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.


BSP:SRXM34
73GF Score
Sirius XM Holdings Inc BSP:SRXM34
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sirius XM Holdings 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.

Sirius XM Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Sirius XM Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=182.28/330.2130*330.2130
=182.280

Current CPI (Mar. 2026) = 330.2130.

Sirius XM Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 -5.428 241.018 -7.437
201609 -3.402 241.428 -4.653
201612 -5.603 241.432 -7.663
201703 -6.151 243.801 -8.331
201706 -7.421 244.955 -10.004
201709 -7.148 246.819 -9.563
201712 -11.090 246.524 -14.855
201803 -11.449 249.554 -15.149
201806 -11.522 251.989 -15.099
201809 -12.701 252.439 -16.614
201812 -16.237 251.233 -21.341
201903 1.273 254.202 1.654
201906 -4.197 256.143 -5.411
201909 -6.951 256.759 -8.940
201912 -6.847 256.974 -8.798
202003 -8.335 258.115 -10.663
202006 -7.962 257.797 -10.199
202009 -11.499 260.280 -14.589
202012 -28.171 260.474 -35.713
202103 -35.732 264.877 -44.546
202106 -31.165 271.696 -37.877
202109 -33.569 274.310 -40.410
202112 -37.419 278.802 -44.319
202203 -45.305 287.504 -52.035
202206 -46.228 296.311 -51.517
202209 -48.680 296.808 -54.159
202212 -45.174 296.797 -50.260
202303 -43.772 301.836 -47.887
202306 -39.282 305.109 -42.514
202309 -37.207 307.789 -39.918
202312 128.468 306.746 138.296
202403 -30.683 312.332 -32.440
202406 -29.553 314.175 -31.062
202409 177.319 315.301 185.705
202412 199.196 315.605 208.416
202503 190.572 319.799 196.778
202506 186.449 322.561 190.872
202509 184.029 324.800 187.096
202512 187.437 324.054 190.999
202603 182.280 330.213 182.280

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.

Is Sirius XM Holdings (BSP:SRXM34) Overvalued in 2026?

Based on GuruFocus' analysis, Sirius XM Holdings stock appears to be overvalued. The current stock price of R$17.75 is trading 18% above its estimated GF Value™ of R$15.04.

Key valuation signals for BSP:SRXM34:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: R$15.04 vs. price of R$17.75 (18% above fair value)
  • GF Score™: 73/100 with 11 warning signs

No single metric tells the full story. See the BSP:SRXM34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sirius XM Holdings Business Description

Address 1221 Avenue of the Americas, 35th Floor, New York, NY, USA, 10020
Sirius XM operates almost exclusively in the US through its SiriusXM and Pandora audio services. SiriusXM is primarily a satellite radio service that offers nationwide coverage and mostly ad-free listening, with proprietary channels and exclusive content. It makes agreements with automakers to install its radios in vehicles and give trial services to vehicle buyers, which have traditionally fed its subscriber base. The company provides the service via a fleet of geostationary satellites it owns and operates and now offers a streaming SiriusXM option. Pandora, which accounts for a much smaller portion of revenue and profit, offers a subscription and ad-supported streaming music service that competes with industry giants such as Spotify, Apple Music, and YouTube Music.
73GF Score

Get the complete analysis for BSP:SRXM34

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$17.75
Price
R$15.04
GF Value