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PT MNC Energy Investments Tbk (ISX:IATA) Cyclically Adjusted Book per Share : Rp53.81 (As of Mar. 2024)


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What is PT MNC Energy Investments 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 MNC Energy Investments Tbk's adjusted book value per share for the three months ended in Mar. 2024 was Rp63.578. 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 Rp53.81 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT MNC Energy Investments Tbk's average Cyclically Adjusted Book Growth Rate was 1.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -8.50% 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 MNC Energy Investments Tbk was -8.50% per year. The lowest was -8.50% per year. And the median was -8.50% per year.

As of today (2024-06-10), PT MNC Energy Investments Tbk's current stock price is Rp28.00. PT MNC Energy Investments Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp53.81. PT MNC Energy Investments Tbk's Cyclically Adjusted PB Ratio of today is 0.52.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT MNC Energy Investments Tbk was 4.30. The lowest was 0.52. And the median was 0.99.


PT MNC Energy Investments Tbk Cyclically Adjusted Book per Share Historical Data

The historical data trend for PT MNC Energy Investments 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 MNC Energy Investments Tbk Cyclically Adjusted Book per Share Chart

PT MNC Energy Investments 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 - 70.68 64.30 52.39 54.20

PT MNC Energy Investments 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 52.95 53.43 54.25 54.20 53.81

Competitive Comparison of PT MNC Energy Investments Tbk's Cyclically Adjusted Book per Share

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

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

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



PT MNC Energy Investments 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 MNC Energy Investments 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)
=63.578/130.6070*130.6070
=63.578

Current CPI (Mar. 2024) = 130.6070.

PT MNC Energy Investments Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 70.606 93.015 99.142
201409 74.716 94.576 103.181
201412 91.294 98.819 120.661
201503 92.691 98.388 123.045
201506 92.584 99.766 121.205
201509 97.962 101.037 126.633
201512 85.907 102.133 109.858
201603 81.778 102.764 103.935
201606 73.404 103.212 92.887
201609 70.338 104.142 88.212
201612 63.293 105.222 78.563
201703 61.364 106.476 75.271
201706 62.959 107.722 76.335
201709 63.149 108.020 76.353
201712 59.875 109.017 71.733
201803 59.291 110.097 70.337
201806 55.112 111.085 64.798
201809 57.315 111.135 67.357
201812 55.723 112.430 64.732
201903 53.643 112.829 62.096
201906 52.226 114.730 59.453
201909 50.347 114.905 57.227
201912 46.523 115.486 52.614
202003 53.441 116.252 60.040
202006 46.219 116.630 51.758
202009 28.208 116.397 31.652
202012 15.785 117.318 17.573
202103 17.306 117.840 19.181
202106 19.712 118.184 21.784
202109 15.880 118.262 17.538
202112 20.020 119.516 21.878
202203 -134.113 120.948 -144.823
202206 -139.781 123.322 -148.038
202209 -110.368 125.298 -115.044
202212 46.888 126.098 48.565
202303 53.278 126.953 54.812
202306 60.176 127.663 61.564
202309 60.328 128.151 61.484
202312 62.853 129.395 63.442
202403 63.578 130.607 63.578

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


PT MNC Energy Investments Tbk  (ISX:IATA) 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 MNC Energy Investments Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=28.00/53.81
=0.52

* 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 MNC Energy Investments Tbk was 4.30. The lowest was 0.52. And the median was 0.99.


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 MNC Energy Investments Tbk Cyclically Adjusted Book per Share Related Terms

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


PT MNC Energy Investments Tbk (ISX:IATA) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Kebon Sirih No. 17-19, MNC Tower, 22nd Floor, Jakarta, IDN, 10340
PT MNC Energy Investments Tbk is an investment holding company. The company's segments include Aircraft Charter and Maintenance; Port Services and Mining. It generates maximum revenue from the Mining segment.

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