LiveOne (FRA:351) Cyclically Adjusted PB Ratio: (As of Aug. 20, 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.
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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.

FRA:351 LiveOne Inc FRA:351
60 GF Score
Price €3.06
GF Value €3.84
! 5 Warning Signs
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What is LiveOne Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


LiveOne  (FRA:351) 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.


LiveOne Cyclically Adjusted PB Ratio Related Terms


LiveOne Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for LiveOne'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.

LiveOne Cyclically Adjusted PB Ratio Chart

LiveOne Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.87 37.15 74.13 38.29 81.12

LiveOne Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 58.54 31.88 38.63 81.12 0.00

FRA:351 vs IZEA, UPXI, TEAD: Cyclically Adjusted PB Ratio Comparison

For the Internet Content & Information subindustry, LiveOne'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.


LiveOne Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, LiveOne's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:351
60GF Score
LiveOne Inc FRA:351
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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LiveOne 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.

LiveOne's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, LiveOne's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-1.436/333.9520*333.9520
=-1.436

Current CPI (Jun. 2026) = 333.9520.

LiveOne Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.185 241.428 0.256
201612 -1.075 241.432 -1.487
201703 -0.919 243.801 -1.259
201706 -0.197 244.955 -0.269
201709 -0.911 246.819 -1.233
201712 6.956 246.524 9.423
201803 6.055 249.554 8.103
201806 5.237 251.989 6.940
201809 4.039 252.439 5.343
201812 2.492 251.233 3.312
201903 1.602 254.202 2.105
201906 0.303 256.143 0.395
201909 0.667 256.759 0.868
201912 -0.292 256.974 -0.379
202003 -1.094 258.115 -1.415
202006 -1.687 257.797 -2.185
202009 1.563 260.280 2.005
202012 1.685 260.474 2.160
202103 0.890 264.877 1.122
202106 0.698 271.696 0.858
202109 0.282 274.310 0.343
202112 -0.310 278.802 -0.371
202203 -1.201 287.504 -1.395
202206 -1.133 296.311 -1.277
202209 -1.198 296.808 -1.348
202212 -1.356 296.797 -1.526
202303 -1.836 301.836 -2.031
202306 -1.956 305.109 -2.141
202309 -2.480 307.789 -2.691
202312 -2.419 306.746 -2.634
202403 -2.861 312.332 -3.059
202406 -1.631 314.175 -1.734
202409 -1.693 315.301 -1.793
202412 -2.199 315.605 -2.327
202503 -3.043 319.799 -3.178
202506 -3.168 322.561 -3.280
202509 -1.797 324.800 -1.848
202512 -2.013 324.054 -2.074
202603 -2.042 330.213 -2.065
202606 -1.436 333.952 -1.436

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 LiveOne (FRA:351) Overvalued in 2026?

Based on GuruFocus' analysis, LiveOne stock appears to be undervalued. The current stock price of €3.06 is trading 20.3% below its estimated GF Value™ of €3.84.

Key valuation signals for FRA:351:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €3.84 vs. price of €3.06 (20.3% below fair value)
  • GF Score™: 60/100 with 5 warning signs

No single metric tells the full story. See the FRA:351 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LiveOne Business Description

Other Exchanges LVO:USA
Address 269 South Beverly Drive, Suite 1450, Beverly Hills, CA, USA, 90212
LiveOne Inc, formerly LiveXLive Media Inc is a premium internet network devoted to live music and music-related video content. The company has been building an online destination for music fans to enjoy live performances from music venues and music festivals around the world, such as Rock in Rio, Outside Lands Music and Arts Festival, and Hangout Music Festival, as well as original content, artist exclusives, and industry interviews. The Company operates mainly through three segments, PodcastOne, Slacker, and Media Group, with a majority of its revenue derived from the Slacker segment.
60GF Score

Get the complete analysis for FRA:351

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

€3.06
Price
€3.84
GF Value