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PT Bank Pembangunan Daerah Banten Tbk (ISX:BEKS) Cyclically Adjusted Book per Share : Rp31.94 (As of Mar. 2024)


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What is PT Bank Pembangunan Daerah Banten 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 Pembangunan Daerah Banten Tbk's adjusted book value per share for the three months ended in Mar. 2024 was Rp32.186. 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 Rp31.94 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Bank Pembangunan Daerah Banten Tbk's average Cyclically Adjusted Book Growth Rate was -4.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.40% 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 Pembangunan Daerah Banten Tbk was -1.40% per year. The lowest was -1.40% per year. And the median was -1.40% per year.

As of today (2024-06-04), PT Bank Pembangunan Daerah Banten Tbk's current stock price is Rp23.00. PT Bank Pembangunan Daerah Banten Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp31.94. PT Bank Pembangunan Daerah Banten Tbk's Cyclically Adjusted PB Ratio of today is 0.72.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Bank Pembangunan Daerah Banten Tbk was 3.31. The lowest was 0.69. And the median was 1.53.


PT Bank Pembangunan Daerah Banten Tbk Cyclically Adjusted Book per Share Historical Data

The historical data trend for PT Bank Pembangunan Daerah Banten 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 Pembangunan Daerah Banten Tbk Cyclically Adjusted Book per Share Chart

PT Bank Pembangunan Daerah Banten 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 - 33.68 34.06 34.22 32.33

PT Bank Pembangunan Daerah Banten 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 33.58 33.01 32.71 32.33 31.94

Competitive Comparison of PT Bank Pembangunan Daerah Banten Tbk's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, PT Bank Pembangunan Daerah Banten 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 Pembangunan Daerah Banten Tbk's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where PT Bank Pembangunan Daerah Banten Tbk's Cyclically Adjusted PB Ratio falls into.



PT Bank Pembangunan Daerah Banten 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 Pembangunan Daerah Banten 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)
=32.186/130.6070*130.6070
=32.186

Current CPI (Mar. 2024) = 130.6070.

PT Bank Pembangunan Daerah Banten Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 41.603 93.015 58.417
201409 40.526 94.576 55.965
201412 36.369 98.819 48.068
201503 32.448 98.388 43.074
201506 30.010 99.766 39.287
201509 23.386 101.037 30.230
201512 17.498 102.133 22.376
201603 12.984 102.764 16.502
201606 6.682 103.212 8.456
201609 24.201 104.142 30.351
201612 28.515 105.222 35.394
201703 27.197 106.476 33.361
201706 27.182 107.722 32.957
201709 26.494 108.020 32.034
201712 26.002 109.017 31.152
201803 24.932 110.097 29.577
201806 23.809 111.085 27.993
201809 22.618 111.135 26.581
201812 22.870 112.430 26.568
201903 0.000 112.829 0.000
201906 19.815 114.730 22.557
201909 19.100 114.905 21.710
201912 18.125 115.486 20.498
202003 17.074 116.252 19.182
202006 14.841 116.630 16.620
202009 13.591 116.397 15.250
202012 44.907 117.318 49.994
202103 33.605 117.840 37.246
202106 32.333 118.184 35.732
202109 31.344 118.262 34.616
202112 36.459 119.516 39.842
202203 35.806 120.948 38.665
202206 34.859 123.322 36.918
202209 34.011 125.298 35.452
202212 31.652 126.098 32.784
202303 31.099 126.953 31.994
202306 31.187 127.663 31.906
202309 31.263 128.151 31.862
202312 32.178 129.395 32.479
202403 32.186 130.607 32.186

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


PT Bank Pembangunan Daerah Banten Tbk  (ISX:BEKS) 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 Pembangunan Daerah Banten Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=23.00/31.94
=0.72

* 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 Pembangunan Daerah Banten Tbk was 3.31. The lowest was 0.69. And the median was 1.53.


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 Pembangunan Daerah Banten Tbk Cyclically Adjusted Book per Share Related Terms

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


PT Bank Pembangunan Daerah Banten Tbk (ISX:BEKS) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Jenderal Sudirman Kemang, Ruko Sembilan No. 04, 05 and 06, Sumur Pecung Village, Serang District, Kota Serang, Serang, IDN
PT Bank Pembangunan Daerah Banten Tbk provides banking and financial services. It offers demand, savings, and time deposits, consumer loans such as motor vehicle, mortgages, personal loans, and insurance products. Geographically, it derives a majority of its revenue from Outside Jakarta.

PT Bank Pembangunan Daerah Banten Tbk (ISX:BEKS) Headlines

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