LBTYB (Liberty Global) Cyclically Adjusted PB Ratio: 0.36 (As of Jul. 06, 2026) — 61% Below Median


LBTYB Liberty Global Ltd LBTYB
65 GF Score
Price $13.20
GF Value $14.72
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Liberty Global Cyclically Adjusted PB Ratio?

Liberty Global LBTYB 65 Cyclically Adjusted PB Ratio is 0.36 as of Jul. 06, 2026, which is 61% below its 10-year median of 0.93. GuruFocus rates LBTYB with a GF Score™ of 65/100 and a GF Value™ of $14.72 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 290 Telecommunication Services companies, Liberty Global ranks better than 93.1% on this metric.

As of today (2026-07-06), Liberty Global's current share price is $13.20. Liberty Global's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $36.70. Liberty Global's Cyclically Adjusted PB Ratio for today is 0.36.

The historical rank and industry rank for Liberty Global's Cyclically Adjusted PB Ratio or its related term are showing as below:

LBTYB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.93   Max: 1.78
Current: 0.34

During the past years, Liberty Global's highest Cyclically Adjusted PB Ratio was 1.78. The lowest was 0.30. And the median was 0.93.

LBTYB's Cyclically Adjusted PB Ratio is ranked better than
93.1% of 290 companies
in the Telecommunication Services industry
Industry Median: 1.82 vs LBTYB: 0.34

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.

Liberty Global's adjusted book value per share data for the three months ended in Mar. 2026 was $28.113. 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 $36.70 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Liberty Global  (NAS:LBTYB) 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 Global Cyclically Adjusted PB Ratio Related Terms


Liberty Global Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Liberty Global'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 Global Cyclically Adjusted PB Ratio Chart

Liberty Global 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 0.84 0.44 0.35 0.43 0.34

Liberty Global 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 0.38 0.32 0.36 0.34 0.36

LBTYB vs KYIV, TDS, AD: Cyclically Adjusted PB Ratio Comparison

For the Telecom Services subindustry, Liberty Global'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 Global Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

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

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


LBTYB
65GF Score
Liberty Global Ltd LBTYB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Liberty Global 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 Global's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.20/36.70
=0.36

* 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 Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Liberty Global'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)
=28.113/330.2130*330.2130
=28.113

Current CPI (Mar. 2026) = 330.2130.

Liberty Global Quarterly Data

Book Value per Share CPI Adj_Book
201606 13.459 241.018 18.440
201609 8.465 241.428 11.578
201612 15.307 241.432 20.936
201703 9.724 243.801 13.171
201706 9.086 244.955 12.248
201709 8.892 246.819 11.896
201712 8.349 246.524 11.183
201803 7.534 249.554 9.969
201806 6.610 251.989 8.662
201809 7.115 252.439 9.307
201812 6.269 251.233 8.240
201903 5.900 254.202 7.664
201906 5.660 256.143 7.297
201909 21.846 256.759 28.096
201912 21.509 256.974 27.639
202003 21.355 258.115 27.320
202006 21.690 257.797 27.783
202009 22.433 260.280 28.460
202012 23.536 260.474 29.838
202103 24.266 264.877 30.252
202106 48.138 271.696 58.506
202109 47.459 274.310 57.131
202112 49.179 278.802 58.248
202203 49.427 287.504 56.769
202206 50.548 296.311 56.331
202209 50.183 296.808 55.831
202212 48.844 296.797 54.343
202303 49.502 301.836 54.156
202306 50.875 305.109 55.061
202309 51.946 307.789 55.731
202312 49.823 306.746 53.635
202403 49.121 312.332 51.933
202406 49.962 314.175 52.512
202409 51.918 315.301 54.373
202412 35.460 315.605 37.101
202503 36.442 319.799 37.629
202506 37.941 322.561 38.841
202509 37.740 324.800 38.369
202512 29.079 324.054 29.632
202603 28.113 330.213 28.113

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.

What does a Cyclically Adjusted PB Ratio of 0.36 mean?
Liberty Global (LBTYB) has a Cyclically Adjusted PB Ratio of 0.36 as of Jul. 06, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Liberty Global and its competitors. This is 61% below median its historical median of 0.93. Over the past decade, Liberty Global's Cyclically Adjusted PB Ratio has ranged from 0.30 to 1.78. According to the industry distribution chart, Liberty Global ranks #20 out of 290 companies in the Telecommunication Services industry, placing it in the top 6.9%.
Is Liberty Global's Cyclically Adjusted PB Ratio too high?
Liberty Global's current Cyclically Adjusted PB Ratio of 0.36 is 61% below median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 1.78. The Telecommunication Services industry median Cyclically Adjusted PB Ratio is 1.82. Liberty Global's value of 0.36 is 80.2% below this industry median. Based on the distribution chart, Liberty Global ranks #20 out of 290 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Liberty Global has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Liberty Global's Cyclically Adjusted PB Ratio compare to KYIV and TDS?
According to the Telecommunication Services industry distribution chart, Liberty Global ranks #20 out of 290 companies for Cyclically Adjusted PB Ratio. This places Liberty Global in the top 7% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.82. Liberty Global's value of 0.36 is 80.2% below this benchmark. Historically, Liberty Global's own Cyclically Adjusted PB Ratio has ranged from 0.30 to 1.78 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 1.82, Liberty Global has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Telecommunication Services company?
The median Cyclically Adjusted PB Ratio among Telecommunication Services companies is 1.82, based on 290 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Liberty Global's current Cyclically Adjusted PB Ratio of 0.36 is 80.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Liberty Global and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PB Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Liberty Global's current Cyclically Adjusted PB Ratio is 0.36, which is 61% below median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liberty Global stock overvalued right now?
Based on GuruFocus' analysis, Liberty Global (LBTYB) is currently considered Modestly Undervalued. The stock's GF Value™ is $14.72, compared to a current price of $13.20 — trading 10.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.36, which is 61% below median its 10-year median of 0.93 and 80.2% below the Telecommunication Services industry median of 1.82. Liberty Global's overall GF Score™ is 65/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Liberty Global (LBTYB), the current Cyclically Adjusted PB Ratio is 0.36 as of Jul. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Liberty Global (LBTYB) Overvalued in 2026?

Based on GuruFocus' analysis, Liberty Global stock appears to be undervalued. The current stock price of $13.20 is trading 10.3% below its estimated GF Value™ of $14.72. GuruFocus considers Liberty Global to be Modestly Undervalued.

Key valuation signals for LBTYB:

  • Cyclically Adjusted PB Ratio: 0.36 (61% below median its 10-year median of 0.93)
  • GF Value™: $14.72 vs. price of $13.20 (10.3% below fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 80.2% below the Telecommunication Services median (#20 of 290)

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


Liberty Global Business Description

Other Exchanges LBTYK:USALBTYA:USA
Address 2 Church Street, Clarendon House, Hamilton, BMU, HM 11
Liberty Global is a holding company with interests in European telecom companies in the UK, the Netherlands, Belgium, Ireland, and Slovakia. Liberty owns 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.
65GF Score

Get the complete analysis for LBTYB

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

$13.20
Price
$14.72
GF Value