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PT Golden Energy Mines Tbk (ISX:GEMS) Cyclically Adjusted Book per Share : Rp1,006.02 (As of Dec. 2023)


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What is PT Golden Energy Mines 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 Golden Energy Mines Tbk's adjusted book value per share for the three months ended in Dec. 2023 was Rp1,713.296. 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 Rp1,006.02 for the trailing ten years ended in Dec. 2023.

During the past 12 months, PT Golden Energy Mines Tbk's average Cyclically Adjusted Book Growth Rate was 16.00% 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 (2024-05-24), PT Golden Energy Mines Tbk's current stock price is Rp6275.00. PT Golden Energy Mines Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was Rp1,006.02. PT Golden Energy Mines Tbk's Cyclically Adjusted PB Ratio of today is 6.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Golden Energy Mines Tbk was 10.28. The lowest was 4.63. And the median was 7.10.


PT Golden Energy Mines Tbk Cyclically Adjusted Book per Share Historical Data

The historical data trend for PT Golden Energy Mines 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 Golden Energy Mines Tbk Cyclically Adjusted Book per Share Chart

PT Golden Energy Mines 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 - - 773.47 863.97 1,006.02

PT Golden Energy Mines Tbk Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 863.97 901.11 945.30 971.49 1,006.02

Competitive Comparison of PT Golden Energy Mines Tbk's Cyclically Adjusted Book per Share

For the Thermal Coal subindustry, PT Golden Energy Mines 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 Golden Energy Mines Tbk's Cyclically Adjusted PB Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Golden Energy Mines Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Golden Energy Mines Tbk's Cyclically Adjusted PB Ratio falls into.



PT Golden Energy Mines 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 Golden Energy Mines Tbk's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1713.296/129.3947*129.3947
=1,713.296

Current CPI (Dec. 2023) = 129.3947.

PT Golden Energy Mines Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201403 500.917 92.483 700.839
201406 504.037 93.015 701.176
201409 513.820 94.576 702.986
201412 523.077 98.819 684.920
201503 556.437 98.388 731.800
201506 569.427 99.766 738.536
201509 617.097 101.037 790.299
201512 579.032 102.133 733.591
201603 560.213 102.764 705.390
201606 560.744 103.212 702.991
201609 577.345 104.142 717.339
201612 603.202 105.222 741.777
201703 667.471 106.476 811.143
201706 683.144 107.722 820.590
201709 714.630 108.020 856.036
201712 669.951 109.017 795.180
201803 792.920 110.097 931.907
201806 731.832 111.085 852.459
201809 832.033 111.135 968.742
201812 774.478 112.430 891.341
201903 812.879 112.829 932.231
201906 785.158 114.730 885.515
201909 810.916 114.905 913.177
201912 841.115 115.486 942.417
202003 1,088.625 116.252 1,211.695
202006 997.149 116.630 1,106.285
202009 930.958 116.397 1,034.919
202012 830.930 117.318 916.465
202103 1,103.041 117.840 1,211.201
202106 838.249 118.184 917.764
202109 810.210 118.262 886.482
202112 764.178 119.516 827.341
202203 1,093.048 120.948 1,169.382
202206 1,277.385 123.322 1,340.282
202209 1,150.395 125.298 1,188.004
202212 1,475.143 126.098 1,513.713
202303 1,994.443 126.953 2,032.810
202306 2,257.319 127.663 2,287.940
202309 1,615.019 128.151 1,630.688
202312 1,713.296 129.395 1,713.296

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


PT Golden Energy Mines Tbk  (ISX:GEMS) 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 Golden Energy Mines Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6275.00/1006.02
=6.24

* 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 Golden Energy Mines Tbk was 10.28. The lowest was 4.63. And the median was 7.10.


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 Golden Energy Mines Tbk Cyclically Adjusted Book per Share Related Terms

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


PT Golden Energy Mines Tbk (ISX:GEMS) Business Description

Traded in Other Exchanges
N/A
Address
Jalan MH Thamrin No. 51, Sinar Mas Land Plaza, Tower II, 6th Floor, Jakarta Pusat, Jakarta, IDN, 10350
PT Golden Energy Mines Tbk is engaged in the mining and coal trading business. The company is structured in two segments namely, Coal Mining Segment and Coal Trading Segment. Its principal activities include the exploration, mining, processing, and marketing of thermal coal. The company operates in three concession areas: South Kalimantan, Jambi and Central Kalimantan. Most of its revenue is derived from Indonesia.

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