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PT Acset Indonusa Tbk (ISX:ACST) Cyclically Adjusted Book per Share : Rp623.56 (As of Mar. 2024)


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What is PT Acset Indonusa 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 Acset Indonusa Tbk's adjusted book value per share for the three months ended in Mar. 2024 was Rp26.173. 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 Rp623.56 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Acset Indonusa Tbk's average Cyclically Adjusted Book Growth Rate was -6.60% 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 (2024-06-10), PT Acset Indonusa Tbk's current stock price is Rp107.00. PT Acset Indonusa Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp623.56. PT Acset Indonusa Tbk's Cyclically Adjusted PB Ratio of today is 0.17.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of PT Acset Indonusa Tbk was 0.32. The lowest was 0.17. And the median was 0.21.


PT Acset Indonusa Tbk Cyclically Adjusted Book per Share Historical Data

The historical data trend for PT Acset Indonusa 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 Acset Indonusa Tbk Cyclically Adjusted Book per Share Chart

PT Acset Indonusa 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 - - - - 633.77

PT Acset Indonusa 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 667.43 663.10 648.69 633.77 623.56

Competitive Comparison of PT Acset Indonusa Tbk's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, PT Acset Indonusa 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 Acset Indonusa Tbk's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, PT Acset Indonusa Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Acset Indonusa Tbk's Cyclically Adjusted PB Ratio falls into.



PT Acset Indonusa 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 Acset Indonusa 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)
=26.173/130.6070*130.6070
=26.173

Current CPI (Mar. 2024) = 130.6070.

PT Acset Indonusa Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 93.015 0.000
201409 624.651 94.576 862.627
201412 655.741 98.819 866.676
201503 673.804 98.388 894.457
201506 645.263 99.766 844.734
201509 653.477 101.037 844.730
201512 680.422 102.133 870.121
201603 700.044 102.764 889.716
201606 979.670 103.212 1,239.695
201609 979.854 104.142 1,228.854
201612 998.658 105.222 1,239.587
201703 1,022.039 106.476 1,253.668
201706 1,032.728 107.722 1,252.132
201709 1,052.548 108.020 1,272.631
201712 1,082.737 109.017 1,297.166
201803 1,112.687 110.097 1,319.976
201806 1,107.864 111.085 1,302.563
201809 1,121.692 111.135 1,318.230
201812 1,054.044 112.430 1,224.457
201903 984.341 112.829 1,139.445
201906 740.818 114.730 843.335
201909 473.791 114.905 538.537
201912 175.257 115.486 198.204
202003 80.205 116.252 90.109
202006 -18.224 116.630 -20.408
202009 151.202 116.397 169.662
202012 42.849 117.318 47.703
202103 30.667 117.840 33.990
202106 19.229 118.184 21.250
202109 109.636 118.262 121.081
202112 85.583 119.516 93.525
202203 0.000 120.948 0.000
202206 76.555 123.322 81.077
202209 67.679 125.298 70.546
202212 50.710 126.098 52.523
202303 48.347 126.953 49.739
202306 46.354 127.663 47.423
202309 38.771 128.151 39.514
202312 29.534 129.395 29.811
202403 26.173 130.607 26.173

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


PT Acset Indonusa Tbk  (ISX:ACST) 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 Acset Indonusa Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=107.00/623.56
=0.17

* 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 12 years, the highest Cyclically Adjusted PB Ratio of PT Acset Indonusa Tbk was 0.32. The lowest was 0.17. And the median was 0.21.


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 Acset Indonusa Tbk Cyclically Adjusted Book per Share Related Terms

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


PT Acset Indonusa Tbk (ISX:ACST) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Jalan. Majapahit No. 26, Acset Building, Petojo Selatan-Gambir, Jakarta, IDN, 10160
PT Acset Indonusa Tbk is an Indonesia-based company which is mainly engaged in the building and construction sector. The company operates through three segments namely Construction, Construction support services, and Trading. The majority of the revenue is generated from the Construction segment. Additionally, it is also involved in business activities such as building department stores, hotels, offices, apartments, bridges, and others.