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LBRDK (Liberty Broadband) Cyclically Adjusted Book per Share : $65.93 (As of Mar. 2025)


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What is Liberty Broadband Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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 Broadband's adjusted book value per share for the three months ended in Mar. 2025 was $70.132. 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 $65.93 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Liberty Broadband's average Cyclically Adjusted Book Growth Rate was 6.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2025-07-24), Liberty Broadband's current stock price is $86.745. Liberty Broadband's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $65.93. Liberty Broadband's Cyclically Adjusted PB Ratio of today is 1.32.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Liberty Broadband was 1.53. The lowest was 0.74. And the median was 1.24.


Liberty Broadband Cyclically Adjusted Book per Share Historical Data

The historical data trend for Liberty Broadband's Cyclically Adjusted Book per Share 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.

* Premium members only.

Liberty Broadband Cyclically Adjusted Book per Share Chart

Liberty Broadband Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 58.02 60.16 64.68

Liberty Broadband Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Book per Share 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 61.96 63.00 63.93 64.68 65.93

Competitive Comparison of Liberty Broadband's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, Liberty Broadband'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 Broadband's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

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

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


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Liberty Broadband Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Liberty Broadband's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=70.132/134.9266*134.9266
=70.132

Current CPI (Mar. 2025) = 134.9266.

Liberty Broadband Quarterly Data

Book Value per Share CPI Adj_Book
201506 30.955 100.684 41.483
201509 30.761 100.392 41.343
201512 30.484 99.792 41.217
201603 30.276 100.470 40.659
201606 46.349 101.688 61.499
201609 46.371 101.861 61.424
201612 46.622 101.863 61.755
201703 46.636 102.862 61.173
201706 46.626 103.349 60.872
201709 46.579 104.136 60.352
201712 57.836 104.011 75.027
201803 57.964 105.290 74.280
201806 58.018 106.317 73.631
201809 58.368 106.507 73.943
201812 58.440 105.998 74.389
201903 58.368 107.251 73.430
201906 58.318 108.070 72.811
201909 58.453 108.329 72.804
201912 58.647 108.420 72.985
202003 58.523 108.902 72.509
202006 58.928 108.767 73.101
202009 58.295 109.815 71.625
202012 68.708 109.897 84.357
202103 66.764 111.754 80.607
202106 64.191 114.631 75.556
202109 62.191 115.734 72.504
202112 59.350 117.630 68.077
202203 58.091 121.301 64.616
202206 57.668 125.017 62.239
202209 57.271 125.227 61.707
202212 57.866 125.222 62.351
202303 58.592 127.348 62.079
202306 60.316 128.729 63.220
202309 61.397 129.860 63.793
202312 62.536 129.419 65.197
202403 63.970 131.776 65.499
202406 65.405 132.554 66.576
202409 66.644 133.029 67.595
202412 68.348 133.157 69.256
202503 70.132 134.927 70.132

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Liberty Broadband  (NAS:LBRDK) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 Broadband's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=86.745/65.93
=1.32

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Liberty Broadband was 1.53. The lowest was 0.74. And the median was 1.24.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Liberty Broadband Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Liberty Broadband's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Liberty Broadband Business Description

Address
12300 Liberty Boulevard, Englewood, CO, USA, 80112
Liberty Broadband Corp serves in the telecommunications industry in the United States. It provides cable services to both residential andsommercial businesses through its fiber, hybrid fiber, and coaxial cable infrastructure. The services provided by the company are residential services which include video services, internet services, voice services, and mobile services, commercial services which include small, and medium business and enterprise solutions, advertising services, and other services. The reportable segments of the company are GCI Holdings, Charter. The firm derives the majority of its revenue from GCI Holdings.
Executives
Sue Ann Hamilton director 12405 POWERSCOURT DRIVE, ST. LOUIS MO 63131
Gregg L Engles director 1225 SEVENTEENTH STREET, SUITE 1000, DENVER CO 80202
Julie D. Frist director 810 JACKSON BLVD., NASHVILLE TN 37205
Renee L Wilm officer: Chief Legal Officer 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
John C Malone director, 10 percent owner 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Brian J Wendling officer: SVP/Controller/PFO 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Mark D Carleton officer: Chief Financial Officer 12300 LIBERTY BLVD., ENGLEWOOD CO 80112
J David Wargo director C/O WARGO & CO, 712 FIFTH AVENUE 41ST FLOOR, NEW YORK NY 10019
Donne F Fisher director 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Welsh John E Iii director AVALON CAPITAL PARTNERS, 181 MAIN ST, COLD SPRING HARBOR NY 11724
Richard R Green director 1550 WEWATTA STREET, STE 1000, DENVER CO 80202
Gregory B Maffei director, officer: President/CEO 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Liberty Media Corp 10 percent owner 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Albert E Rosenthaler officer: Senior Vice President 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Christopher W Shean officer: Senior Vice President/CFO 12300 LIBERTY BLVD., ENGLEWOOD CO 80116