SIRIUS XM HOLDINGS INC. (SIRI)

Radio Broadcasting Stations

Latest Price

$29.62

TTM P/E

12.55

Normalized P/E

Div Yield

2.73%

Book Value

34.91

P/B Ratio

0.85

Valuation metrics

EPS: $2.23

Book value / share: $34.52

Formula: √(22.5 × EPS × BVPS)

Graham Number

$41.62

+40% upside

Norm. op. income: $1.6B (median of 7yr)

Tax rate: 24%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$11.98

60% downside

Base FCF: $1.2B (median of recent 5yr)

Growth: -4%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$8.38

72% downside

EPS: $2.23

Target P/E: 13×

Formula: EPS × P/E

P/E Fair Value

$28.99

2% downside

75.1% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
Berkshire Hathaway Inc	124.81M	$2.88B	37.14%	--	2026-03-31
BlackRock, Inc.	9.63M	$222.0M	2.86%	-425.7K	2026-03-31
VANGUARD PORTFOLIO MANAGEMENT LLC	8.70M	$200.0M	2.59%	--	2026-03-31
VANGUARD CAPITAL MANAGEMENT LLC	8.30M	$191.0M	2.47%	--	2026-03-31
DIMENSIONAL FUND ADVISORS LP	6.30M	$145.0M	1.88%	+4.56M	2026-03-31
CITADEL ADVISORS LLC	4.92M	$113.0M	1.46%	+1.44M	2026-03-31
GOLDMAN SACHS GROUP INC	4.03M	$93.0M	1.20%	-842.5K	2026-03-31
CANADA PENSION PLAN INVESTMENT BOARD	3.86M	$89.0M	1.15%	+1.99M	2026-03-31
GEODE CAPITAL MANAGEMENT, LLC	3.71M	$85.0M	1.10%	+17.5K	2026-03-31
STATE STREET CORP	3.55M	$81.0M	1.06%	+60.2K	2026-03-31