Is Liberty Broadband Corp. overvalued or undervalued?

As of 7 August 2025, Liberty Broadband Corp. moved from fair to attractive. The company is currently undervalued based on its valuation metrics. Key ratios include a P/E ratio of 12, a PEG ratio of 0.33, and an EV to EBITDA ratio of 52.80. In comparison, Telephone & Data Systems, Inc. has a P/E ratio of 50.98, indicating a significant valuation gap, while Gogo, Inc. is rated very expensive with a P/E of 26.83.
Despite its attractive valuation, Liberty Broadband has underperformed against the S&P 500, with a year-to-date return of -13.85% compared to the index's 12.22%. This underperformance over multiple periods, including a 5-year return of -54.52% versus the S&P's 96.61%, suggests that while the stock may be undervalued, market sentiment remains cautious.