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Sirius XM Holdings (WBO:SIRI) Cyclically Adjusted PB Ratio : (As of Sep. 20, 2024)


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What is Sirius XM Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sirius XM Holdings Cyclically Adjusted PB Ratio Historical Data

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.

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Sirius XM Holdings Cyclically Adjusted PB Ratio Chart

Sirius XM Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.34 83.95 - - -

Sirius XM Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - -

Competitive Comparison of Sirius XM Holdings's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.



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 Jun. 2024 is calculated as:

For example, Sirius XM Holdings's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-5.097/132.5538*132.5538
=-5.097

Current CPI (Jun. 2024) = 132.5538.

Sirius XM Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201409 1.644 100.428 2.170
201412 1.881 99.070 2.517
201503 1.490 99.621 1.983
201506 0.742 100.684 0.977
201509 0.104 100.392 0.137
201512 -0.297 99.792 -0.395
201603 -1.015 100.470 -1.339
201606 -1.411 101.688 -1.839
201609 -0.932 101.861 -1.213
201612 -1.584 101.863 -2.061
201703 -1.839 102.862 -2.370
201706 -2.004 103.349 -2.570
201709 -1.914 104.136 -2.436
201712 -2.844 104.011 -3.624
201803 -2.832 105.290 -3.565
201806 -2.615 106.317 -3.260
201809 -2.649 106.507 -3.297
201812 -3.675 105.998 -4.596
201903 0.293 107.251 0.362
201906 -0.963 108.070 -1.181
201909 -1.532 108.329 -1.875
201912 -1.501 108.420 -1.835
202003 -1.544 108.902 -1.879
202006 -1.363 108.767 -1.661
202009 -1.808 109.815 -2.182
202012 -4.501 109.897 -5.429
202103 -5.326 111.754 -6.317
202106 -5.144 114.631 -5.948
202109 -5.405 115.734 -6.191
202112 -5.856 117.630 -6.599
202203 -8.266 121.301 -9.033
202206 -8.664 125.017 -9.186
202209 -9.377 125.227 -9.926
202212 -8.130 125.222 -8.606
202303 -7.849 127.348 -8.170
202306 -7.470 128.729 -7.692
202309 -7.059 129.860 -7.205
202312 -6.120 129.419 -6.268
202403 -5.669 131.776 -5.702
202406 -5.097 132.554 -5.097

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.


Sirius XM Holdings  (WBO:SIRI) 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

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Sirius XM Holdings Business Description

Address
1221 Avenue of the Americas, 35th Floor, New York, NY, USA, 10020
Sirius XM Holdings is composed of two businesses: SiriusXM and Pandora. SiriusXM transmits music, talk shows, sports, and news via its two satellite radio networks, primarily to consumers in vehicles who pay a subscription fee. The firm's radios come preinstalled on a wide range of light vehicles in the U.S. and Canada. The firm acquired Pandora Media in February 2019 via an all-stock transaction. Pandora is a streaming music platform that offers an ad-supported radio option and a paid on-demand service as well as a robust and growing podcast library. Liberty Media owns 81% of Sirius XM, traded through its Liberty Sirius XM Group tracking stock.