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PT Bank JTrust Indonesia Tbk (ISX:BCIC) Cyclically Adjusted Book per Share : Rp184.93 (As of Mar. 2024)


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What is PT Bank JTrust Indonesia 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 JTrust Indonesia Tbk's adjusted book value per share for the three months ended in Mar. 2024 was Rp210.199. 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 Rp184.93 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Bank JTrust Indonesia Tbk's average Cyclically Adjusted Book Growth Rate was 1.90% 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 (2024-05-15), PT Bank JTrust Indonesia Tbk's current stock price is Rp93.00. PT Bank JTrust Indonesia Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp184.93. PT Bank JTrust Indonesia Tbk's Cyclically Adjusted PB Ratio of today is 0.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Bank JTrust Indonesia Tbk was 4.68. The lowest was 0.52. And the median was 0.83.


PT Bank JTrust Indonesia Tbk Cyclically Adjusted Book per Share Historical Data

The historical data trend for PT Bank JTrust Indonesia 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 JTrust Indonesia Tbk Cyclically Adjusted Book per Share Chart

PT Bank JTrust Indonesia 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 - 173.65 175.63 181.43 -

PT Bank JTrust Indonesia 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 180.84 182.69 181.49 - 184.93

Competitive Comparison of PT Bank JTrust Indonesia Tbk's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, PT Bank JTrust Indonesia 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 JTrust Indonesia Tbk's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



PT Bank JTrust Indonesia 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 JTrust Indonesia 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)
=210.199/128.8650*128.8650
=210.199

Current CPI (Mar. 2024) = 128.8650.

PT Bank JTrust Indonesia Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201403 209.145 92.483 291.420
201406 212.380 93.015 294.236
201409 0.000 94.576 0.000
201412 124.688 98.819 162.599
201503 153.586 98.388 201.162
201506 130.130 99.766 168.085
201509 146.593 101.037 186.969
201512 110.757 102.133 139.746
201603 108.303 102.764 135.811
201606 108.322 103.212 135.245
201609 110.277 104.142 136.456
201612 150.160 105.222 183.901
201703 140.487 106.476 170.028
201709 148.804 108.020 177.519
201712 151.050 109.017 178.551
201803 147.312 110.097 172.425
201806 0.000 111.085 0.000
201809 0.000 111.135 0.000
201812 131.331 112.430 150.529
201903 120.586 112.829 137.725
201906 132.703 114.730 149.052
201909 163.455 114.905 183.314
201912 167.180 115.486 186.548
202003 182.080 116.252 201.835
202006 159.101 116.630 175.792
202009 151.701 116.397 167.951
202012 144.149 117.318 158.337
202103 145.301 117.840 158.895
202106 140.089 118.184 152.750
202109 143.269 118.262 156.114
202112 188.072 119.516 202.784
202203 187.156 120.948 199.407
202206 187.079 123.324 195.485
202209 182.546 125.300 187.740
202212 205.765 126.099 210.278
202303 210.351 126.954 213.518
202306 212.685 127.666 214.682
202309 210.619 128.155 211.787
202312 207.606 128.865 207.606
202403 210.199 128.865 210.199

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


PT Bank JTrust Indonesia Tbk  (ISX:BCIC) 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 JTrust Indonesia Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=93.00/184.93
=0.50

* 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 JTrust Indonesia Tbk was 4.68. The lowest was 0.52. And the median was 0.83.


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 JTrust Indonesia Tbk Cyclically Adjusted Book per Share Related Terms

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


PT Bank JTrust Indonesia Tbk (ISX:BCIC) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Jenderal Sudirman No. 86, Sahid Sudirman Center, 33rd Floor, Jakarta, IDN, 10220
PT Bank JTrust Indonesia Tbk is an Indonesia-based financial institution. It is engaged in providing financial services. The company's business divisions are Retail funding, Loan and export/import and Treasury. Its products amd serives include public deposit taking in the form of demand deposits, time deposits, provides credit/loans, either for long term, medium term, or short term loan, fund transfer, foreign exchange activities in accordance with regulations from Bank Indonesia. The company derives maximum revenue from Loan and export/import segment. All the operations of the company are conducted in Indonesia.

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