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PT Bumi Resources Minerals Tbk (ISX:BRMS) Cyclically Adjusted Book per Share : Rp306.05 (As of Mar. 2024)


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What is PT Bumi Resources Minerals 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 Bumi Resources Minerals Tbk's adjusted book value per share for the three months ended in Mar. 2024 was Rp128.319. 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 Rp306.05 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Bumi Resources Minerals Tbk's average Cyclically Adjusted Book Growth Rate was -15.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -11.60% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of PT Bumi Resources Minerals Tbk was -9.20% per year. The lowest was -11.60% per year. And the median was -10.40% per year.

As of today (2024-05-15), PT Bumi Resources Minerals Tbk's current stock price is Rp146.00. PT Bumi Resources Minerals Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp306.05. PT Bumi Resources Minerals Tbk's Cyclically Adjusted PB Ratio of today is 0.48.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Bumi Resources Minerals Tbk was 0.68. The lowest was 0.09. And the median was 0.29.


PT Bumi Resources Minerals Tbk Cyclically Adjusted Book per Share Historical Data

The historical data trend for PT Bumi Resources Minerals 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 Bumi Resources Minerals Tbk Cyclically Adjusted Book per Share Chart

PT Bumi Resources Minerals 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 501.15 463.88 412.67 375.48 320.76

PT Bumi Resources Minerals 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 363.39 350.75 335.31 320.76 306.05

Competitive Comparison of PT Bumi Resources Minerals Tbk's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, PT Bumi Resources Minerals 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 Bumi Resources Minerals Tbk's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Bumi Resources Minerals Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Bumi Resources Minerals Tbk's Cyclically Adjusted PB Ratio falls into.



PT Bumi Resources Minerals 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 Bumi Resources Minerals 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)
=128.319/128.8650*128.8650
=128.319

Current CPI (Mar. 2024) = 128.8650.

PT Bumi Resources Minerals Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 524.367 93.015 726.471
201409 519.710 94.576 708.133
201412 527.675 98.819 688.112
201503 546.301 98.388 715.528
201506 566.599 99.766 731.860
201509 624.331 101.037 796.290
201512 563.901 102.133 711.496
201603 542.189 102.764 679.900
201606 472.011 103.212 589.326
201609 374.177 104.142 463.004
201612 404.773 105.222 495.724
201703 398.653 106.476 482.479
201706 190.737 107.722 228.175
201709 192.370 108.020 229.491
201712 156.311 109.017 184.770
201803 157.787 110.097 184.685
201806 164.024 111.085 190.278
201809 164.531 111.135 190.780
201812 157.846 112.430 180.920
201903 155.302 112.829 177.375
201906 154.374 114.730 173.393
201909 154.768 114.905 173.572
201912 134.119 115.486 149.657
202003 178.770 116.252 198.166
202006 166.888 116.630 184.396
202009 153.035 116.397 169.428
202012 129.192 117.318 141.908
202103 142.332 117.840 155.649
202106 122.678 118.184 133.765
202109 121.373 118.262 132.255
202112 120.153 119.516 129.552
202203 116.380 120.948 123.998
202206 120.658 123.324 126.079
202209 124.185 125.300 127.718
202212 128.994 126.099 131.823
202303 123.734 126.954 125.597
202306 123.802 127.666 124.965
202309 128.460 128.155 129.172
202312 127.930 128.865 127.930
202403 128.319 128.865 128.319

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


PT Bumi Resources Minerals Tbk  (ISX:BRMS) 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 Bumi Resources Minerals Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=146.00/306.05
=0.48

* 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 Bumi Resources Minerals Tbk was 0.68. The lowest was 0.09. And the median was 0.29.


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 Bumi Resources Minerals Tbk Cyclically Adjusted Book per Share Related Terms

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


PT Bumi Resources Minerals Tbk (ISX:BRMS) Business Description

Traded in Other Exchanges
Address
Jalan H.R. Rasuna Said Kuningan, Bakrie Tower, 6th and 10th Floors, Complex Rasuna Epicentrum, Kuningan, Jakarta, IDN, 12940
PT Bumi Resources Minerals Tbk is an Indonesia-based company primarily engaged in mining. The company's assets include copper, gold, zinc, lead, and other valuable metals. The group classifies its mining business into three core business segments which include Mining and services, investments, and holding companies. The investments segment consists of investment in shares of stock, funding, and financing. The holding company's activities include the setup of joint capital for the development of mines. Its mining and services segment of metal minerals is under exploration and development stages.

PT Bumi Resources Minerals Tbk (ISX:BRMS) Headlines

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