FWONK (Liberty Media) Cyclically Adjusted PB Ratio: (As of Aug. 08, 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.

FWONK Liberty Media Corp FWONK
82 GF Score
Price $102.90
GF Value $93.78
Valuation Fairly Valued
! 5 Warning Signs
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What is Liberty Media Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Liberty Media  (NAS:FWONK) 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 Media Cyclically Adjusted PB Ratio Related Terms


Liberty Media Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Liberty Media'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.

Liberty Media Cyclically Adjusted PB Ratio Chart

Liberty Media 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 1.59 1.39 1.90 2.94 2.98

Liberty Media 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 3.26 3.25 2.98 2.54 0.00

FWONK vs FOXA, ROKU, NWSA: Cyclically Adjusted PB Ratio Comparison

For the Entertainment subindustry, Liberty Media'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 Media Cyclically Adjusted PB Ratio vs Media - Diversified Industry

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

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


FWONK
82GF Score
Liberty Media Corp FWONK
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Liberty Media 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 Media's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Liberty Media'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)
=30.234/333.9520*333.9520
=30.234

Current CPI (Jun. 2026) = 333.9520.

Liberty Media Quarterly Data

Book Value per Share CPI Adj_Book
201609 14.972 241.428 20.710
201612 15.347 241.432 21.228
201703 22.301 243.801 30.547
201706 22.846 244.955 31.146
201709 22.680 246.819 30.687
201712 24.560 246.524 33.270
201803 24.491 249.554 32.774
201806 24.460 251.989 32.416
201809 24.605 252.439 32.550
201812 24.024 251.233 31.934
201903 23.331 254.202 30.651
201906 23.116 256.143 30.138
201909 23.165 256.759 30.129
201912 22.616 256.974 29.391
202003 21.556 258.115 27.889
202006 28.538 257.797 36.968
202009 28.048 260.280 35.987
202012 28.255 260.474 36.226
202103 28.043 264.877 35.356
202106 28.312 271.696 34.799
202109 28.044 274.310 34.141
202112 27.305 278.802 32.706
202203 27.065 287.504 31.438
202206 27.533 296.311 31.031
202209 27.989 296.808 31.492
202212 29.547 296.797 33.246
202303 29.074 301.836 32.168
202306 29.549 305.109 32.342
202309 27.128 307.789 29.434
202312 27.360 306.746 29.787
202403 27.627 312.332 29.539
202406 27.767 314.175 29.515
202409 30.733 315.301 32.551
202412 28.188 315.605 29.827
202503 29.722 319.799 31.037
202506 31.402 322.561 32.511
202509 31.721 324.800 32.615
202512 30.969 324.054 31.915
202603 30.849 330.213 31.198
202606 30.234 333.952 30.234

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 Liberty Media (FWONK) Overvalued in 2026?

Based on GuruFocus' analysis, Liberty Media stock appears to be overvalued. The current stock price of $102.90 is trading 9.7% above its estimated GF Value™ of $93.78. GuruFocus considers Liberty Media to be Fairly Valued.

Key valuation signals for FWONK:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $93.78 vs. price of $102.90 (9.7% above fair value)
  • GF Score™: 82/100 with 5 warning signs

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


Liberty Media Business Description

Address 12300 Liberty Boulevard, Englewood, CO, USA, 80112
Liberty Media Corp along with its subsidiaries is engaged in the media and entertainment industries in North America and the United Kingdom. The company owns interests in a high-quality portfolio of assets across the media, entertainment and sports industries. It operates in two reportable segment Formula 1 and MotoGP. It generates majority of its revenue from the Formula 1 segment. The company derives its maximum revenue from United Kingdom.
82GF Score

Get the complete analysis for FWONK

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

$102.90
Price
$93.78
GF Value