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PT Bank Rakyat Indonesia (Persero) Tbk (PT Bank Rakyat Indonesia (Persero) Tbk) Cyclically Adjusted Book per Share : $4.83 (As of Mar. 2024)


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What is PT Bank Rakyat Indonesia (Persero) Tbk 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.

PT Bank Rakyat Indonesia (Persero) Tbk's adjusted book value per share for the three months ended in Mar. 2024 was $6.302. 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 $4.83 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Bank Rakyat Indonesia (Persero) Tbk's average Cyclically Adjusted Book Growth Rate was 10.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.20% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of PT Bank Rakyat Indonesia (Persero) Tbk was 13.10% per year. The lowest was 12.70% per year. And the median was 13.00% per year.

As of today (2024-05-02), PT Bank Rakyat Indonesia (Persero) Tbk's current stock price is $15.11. PT Bank Rakyat Indonesia (Persero) Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $4.83. PT Bank Rakyat Indonesia (Persero) Tbk's Cyclically Adjusted PB Ratio of today is 3.13.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Bank Rakyat Indonesia (Persero) Tbk was 4.88. The lowest was 2.11. And the median was 3.77.


PT Bank Rakyat Indonesia (Persero) Tbk Cyclically Adjusted Book per Share Historical Data

The historical data trend for PT Bank Rakyat Indonesia (Persero) Tbk'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.

PT Bank Rakyat Indonesia (Persero) Tbk Cyclically Adjusted Book per Share Chart

PT Bank Rakyat Indonesia (Persero) Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.67 4.05 4.02 4.28 4.78

PT Bank Rakyat Indonesia (Persero) Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.57 4.77 4.72 4.78 4.83

Competitive Comparison of PT Bank Rakyat Indonesia (Persero) Tbk's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, PT Bank Rakyat Indonesia (Persero) Tbk'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.


PT Bank Rakyat Indonesia (Persero) Tbk's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, PT Bank Rakyat Indonesia (Persero) Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Bank Rakyat Indonesia (Persero) Tbk's Cyclically Adjusted PB Ratio falls into.



PT Bank Rakyat Indonesia (Persero) Tbk 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, PT Bank Rakyat Indonesia (Persero) Tbk's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=6.302/128.8650*128.8650
=6.302

Current CPI (Mar. 2024) = 128.8650.

PT Bank Rakyat Indonesia (Persero) Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.613 93.015 3.620
201409 2.755 94.576 3.754
201412 2.889 98.819 3.767
201503 2.702 98.388 3.539
201506 2.820 99.766 3.643
201509 2.702 101.037 3.446
201512 3.040 102.133 3.836
201603 3.150 102.764 3.950
201606 3.797 103.212 4.741
201609 3.986 104.142 4.932
201612 4.029 105.222 4.934
201703 3.975 106.476 4.811
201706 4.233 107.722 5.064
201709 4.356 108.020 5.197
201712 4.589 109.017 5.424
201803 4.326 110.097 5.063
201806 4.253 111.085 4.934
201809 4.317 111.135 5.006
201812 4.698 112.430 5.385
201903 5.027 112.829 5.741
201906 4.951 114.730 5.561
201909 5.165 114.905 5.793
201912 5.513 115.486 6.152
202003 4.015 116.252 4.451
202006 4.807 116.630 5.311
202009 4.777 116.397 5.289
202012 6.001 117.318 6.592
202103 4.875 117.840 5.331
202106 5.038 118.184 5.493
202109 6.426 118.262 7.002
202112 6.676 119.516 7.198
202203 6.261 120.948 6.671
202206 6.285 123.324 6.567
202209 6.429 125.300 6.612
202212 6.297 126.099 6.435
202303 6.150 126.954 6.243
202306 6.472 127.666 6.533
202309 6.545 128.155 6.581
202312 6.697 128.865 6.697
202403 6.302 128.865 6.302

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


PT Bank Rakyat Indonesia (Persero) Tbk  (OTCPK:BKRKY) 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.

PT Bank Rakyat Indonesia (Persero) Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=15.11/4.83
=3.13

* 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 PT Bank Rakyat Indonesia (Persero) Tbk was 4.88. The lowest was 2.11. And the median was 3.77.


Be Aware

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


PT Bank Rakyat Indonesia (Persero) Tbk Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of PT Bank Rakyat Indonesia (Persero) Tbk's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Bank Rakyat Indonesia (Persero) Tbk (PT Bank Rakyat Indonesia (Persero) Tbk) Business Description

Traded in Other Exchanges
Address
Jalan Jenderal Sudirman No. 44 - 46, Gedung BRI I, 20th Floor, Jakarta, IDN, 10210
PT Bank Rakyat Indonesia (Persero) Tbk is Indonesia's oldest commercial bank, and operates primarily within the country's borders, with some exposure to North Asia. BRI focuses on providing and tailoring banking services to micro, small, and medium enterprises. Its segments are micro, retail, corporate, and others. The company emphasizes integrating financial technology into its various platforms to create ease of access for its customer base. Its core business services include collecting customer deposits, loan disbursement, issuing promissory notes and loan agreements, and collateralization of assets. Its loan products include working capital loans for corporate and commercial customers, and mortgages for consumer customers.