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PT Bank Ina Perdana Tbk (ISX:BINA) Cyclically Adjusted Book per Share : Rp285.89 (As of Mar. 2024)


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What is PT Bank Ina Perdana 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 Ina Perdana Tbk's adjusted book value per share for the three months ended in Mar. 2024 was Rp581.233. 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 Rp285.89 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Bank Ina Perdana Tbk's average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -7.80% 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 Ina Perdana Tbk was -7.80% per year. The lowest was -7.80% per year. And the median was -7.80% per year.

As of today (2024-06-05), PT Bank Ina Perdana Tbk's current stock price is Rp4250.00. PT Bank Ina Perdana Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp285.89. PT Bank Ina Perdana Tbk's Cyclically Adjusted PB Ratio of today is 14.87.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Bank Ina Perdana Tbk was 18.82. The lowest was 1.98. And the median was 13.18.


PT Bank Ina Perdana Tbk Cyclically Adjusted Book per Share Historical Data

The historical data trend for PT Bank Ina Perdana 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 Ina Perdana Tbk Cyclically Adjusted Book per Share Chart

PT Bank Ina Perdana 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 - 349.29 291.15 278.93 273.61

PT Bank Ina Perdana 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 265.77 247.00 259.42 273.61 285.89

Competitive Comparison of PT Bank Ina Perdana Tbk's Cyclically Adjusted Book per Share

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

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

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



PT Bank Ina Perdana 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 Ina Perdana 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)
=581.233/130.6070*130.6070
=581.233

Current CPI (Mar. 2024) = 130.6070.

PT Bank Ina Perdana Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 103.425 93.015 145.225
201409 105.359 94.576 145.498
201412 106.394 98.819 140.618
201503 107.340 98.388 142.491
201506 108.155 99.766 141.589
201509 107.715 101.037 139.240
201512 112.504 102.133 143.870
201603 114.604 102.764 145.655
201606 116.868 103.212 147.887
201609 139.843 104.142 175.380
201612 138.701 105.222 172.163
201703 180.346 106.476 221.219
201706 213.838 107.722 259.268
201709 212.766 108.020 257.254
201712 215.116 109.017 257.718
201803 214.944 110.097 254.987
201806 215.000 111.085 252.785
201809 214.323 111.135 251.876
201812 215.807 112.430 250.698
201903 216.467 112.829 250.576
201906 216.670 114.730 246.654
201909 217.088 114.905 246.754
201912 215.956 115.486 244.232
202003 203.292 116.252 228.394
202006 204.812 116.630 229.357
202009 203.620 116.397 228.479
202012 215.257 117.318 239.640
202103 203.566 117.840 225.621
202106 202.963 118.184 224.298
202109 211.723 118.262 233.825
202112 399.804 119.516 436.905
202203 416.137 120.948 449.369
202206 394.745 123.322 418.062
202209 403.996 125.298 421.112
202212 553.821 126.098 573.626
202303 549.596 126.953 565.417
202306 566.360 127.663 579.421
202309 571.221 128.151 582.167
202312 579.677 129.395 585.108
202403 581.233 130.607 581.233

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


PT Bank Ina Perdana Tbk  (ISX:BINA) 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 Ina Perdana Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4250.00/285.89
=14.87

* 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 Ina Perdana Tbk was 18.82. The lowest was 1.98. And the median was 13.18.


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 Ina Perdana Tbk Cyclically Adjusted Book per Share Related Terms

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


PT Bank Ina Perdana Tbk (ISX:BINA) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Jalan H. R. Rasuna Said Blok X-2 Kav 5, Ariobimo Sentral Building, Jakarta, IDN
PT Bank Ina Perdana Tbk operates as a commercial bank. The company's products and services include current accounts, savings accounts, time deposits, certificates of deposits, commercial credit, and consumer credit.

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