Liberty Global (WBO:LBTC) Cyclically Adjusted PB Ratio: 0.36 (As of Jul. 19, 2026) — 61% Below Median

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WBO:LBTC Liberty Global Ltd WBO:LBTC
66 GF Score
Price €8.11
GF Value €10.47
! 6 Warning Signs
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What is Liberty Global Cyclically Adjusted PB Ratio?

Liberty Global WBO:LBTC 66 Cyclically Adjusted PB Ratio is 0.36 as of Jul. 19, 2026, which is 61% below its 10-year median of 0.92. GuruFocus rates WBO:LBTC with a GF Score™ of 66/100 and a GF Value™ of €10.47. The stock has 6 warning signs investors should review. Among 289 Telecommunication Services companies, Liberty Global ranks better than 93.77% on this metric.

As of today (2026-07-19), Liberty Global's current share price is €8.10939. Liberty Global's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €22.38. 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:

WBO:LBTC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.92   Max: 1.78
Current: 0.31

During the past years, Liberty Global's highest Cyclically Adjusted PB Ratio was 1.78. The lowest was 0.30. And the median was 0.92.

WBO:LBTC's Cyclically Adjusted PB Ratio is ranked better than
93.77% of 289 companies
in the Telecommunication Services industry
Industry Median: 1.84 vs WBO:LBTC: 0.31

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 €24.318. 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 €22.38 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Liberty Global  (WBO:LBTC) 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

WBO:LBTC 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.


WBO:LBTC
66GF Score
Liberty Global Ltd WBO:LBTC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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
=8.10939/22.38
=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)
=24.318/330.2130*330.2130
=24.318

Current CPI (Mar. 2026) = 330.2130.

Liberty Global Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.978 241.018 16.411
201609 7.542 241.428 10.316
201612 14.511 241.432 19.847
201703 9.092 243.801 12.315
201706 8.087 244.955 10.902
201709 7.460 246.819 9.981
201712 7.055 246.524 9.450
201803 6.110 249.554 8.085
201806 5.658 251.989 7.414
201809 6.097 252.439 7.975
201812 5.511 251.233 7.243
201903 5.222 254.202 6.783
201906 5.009 256.143 6.457
201909 19.836 256.759 25.511
201912 19.358 256.974 24.875
202003 19.326 258.115 24.724
202006 19.261 257.797 24.671
202009 19.046 260.280 24.163
202012 19.347 260.474 24.527
202103 20.383 264.877 25.411
202106 39.954 271.696 48.559
202109 40.340 274.310 48.561
202112 43.524 278.802 51.550
202203 44.879 287.504 51.546
202206 47.818 296.311 53.289
202209 50.684 296.808 56.388
202212 46.109 296.797 51.300
202303 46.235 301.836 50.582
202306 46.957 305.109 50.821
202309 48.673 307.789 52.219
202312 45.688 306.746 49.183
202403 45.192 312.332 47.779
202406 46.414 314.175 48.783
202409 46.778 315.301 48.990
202412 33.865 315.605 35.432
202503 33.708 319.799 34.806
202506 32.895 322.561 33.675
202509 32.155 324.800 32.691
202512 24.833 324.054 25.305
202603 24.318 330.213 24.318

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 (WBO:LBTC) has a Cyclically Adjusted PB Ratio of 0.36 as of Jul. 19, 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 0.92. 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 #18 out of 289 companies in the Telecommunication Services industry, placing it in the top 6.2%.
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 0.92. 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 1.84. Liberty Global's value of 0.36 is 80.4% below this industry median. Based on the distribution chart, Liberty Global ranks #18 out of 289 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 66/100, 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 #18 out of 289 companies for Cyclically Adjusted PB Ratio. This places Liberty Global in the top 6% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.84. Liberty Global's value of 0.36 is 80.4% 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 0.92 vs. the industry median of 1.84, 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 1.84, based on 289 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 80.4% 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 1.84 — 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 0.92. 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?
Liberty Global (WBO:LBTC) has a current Cyclically Adjusted PB Ratio of 0.36. The stock's GF Value™ is €10.47, compared to a current price of €8.11 — trading 22.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.36, which is 61% below median its 10-year median of 0.92 and 80.4% below the Telecommunication Services industry median of 1.84. Liberty Global's overall GF Score™ is 66/100 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 (WBO:LBTC), the current Cyclically Adjusted PB Ratio is 0.36 as of Jul. 19, 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 (WBO:LBTC) Overvalued in 2026?

Based on GuruFocus' analysis, Liberty Global stock appears to be undervalued. The current stock price of €8.11 is trading 22.5% below its estimated GF Value™ of €10.47.

Key valuation signals for WBO:LBTC:

  • Cyclically Adjusted PB Ratio: 0.36 (61% below median its 10-year median of 0.92)
  • GF Value™: €10.47 vs. price of €8.11 (22.5% below fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 80.4% below the Telecommunication Services median (#18 of 289)

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


Liberty Global Business Description

Other Exchanges LBTYK:USALBTYB: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.
66GF Score

Get the complete analysis for WBO:LBTC

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

€8.11
Price
€10.47
GF Value