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PT Modern Internasional Tbk (ISX:MDRN) Cyclically Adjusted Book per Share : Rp45.25 (As of Mar. 2024)


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What is PT Modern Internasional 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 Modern Internasional Tbk's adjusted book value per share for the three months ended in Mar. 2024 was Rp-39.945. 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 Rp45.25 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Modern Internasional Tbk's average Cyclically Adjusted Book Growth Rate was -46.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -26.50% 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 Modern Internasional Tbk was -26.50% per year. The lowest was -26.50% per year. And the median was -26.50% per year.

As of today (2024-05-29), PT Modern Internasional Tbk's current stock price is Rp5.00. PT Modern Internasional Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp45.25. PT Modern Internasional Tbk's Cyclically Adjusted PB Ratio of today is 0.11.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Modern Internasional Tbk was 0.59. The lowest was 0.07. And the median was 0.37.


PT Modern Internasional Tbk Cyclically Adjusted Book per Share Historical Data

The historical data trend for PT Modern Internasional 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 Modern Internasional Tbk Cyclically Adjusted Book per Share Chart

PT Modern Internasional 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 - 138.59 118.18 94.57 55.10

PT Modern Internasional 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 84.77 74.68 64.68 55.10 45.25

Competitive Comparison of PT Modern Internasional Tbk's Cyclically Adjusted Book per Share

For the Business Equipment & Supplies subindustry, PT Modern Internasional 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 Modern Internasional Tbk's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, PT Modern Internasional Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Modern Internasional Tbk's Cyclically Adjusted PB Ratio falls into.



PT Modern Internasional 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 Modern Internasional 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)
=-39.945/130.6070*130.6070
=-39.945

Current CPI (Mar. 2024) = 130.6070.

PT Modern Internasional Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 253.769 93.015 356.330
201409 255.511 94.576 352.854
201412 291.013 98.819 384.624
201503 295.668 98.388 392.492
201506 296.138 99.766 387.684
201509 295.453 101.037 381.923
201512 280.047 102.133 358.123
201603 0.000 102.764 0.000
201606 268.793 103.212 340.136
201609 245.262 104.142 307.588
201612 141.104 105.222 175.146
201703 42.888 106.476 52.608
201706 0.000 107.722 0.000
201709 -31.972 108.020 -38.657
201712 -89.752 109.017 -107.527
201803 -91.964 110.097 -109.096
201806 -91.573 111.085 -107.666
201809 -66.019 111.135 -77.587
201812 -80.106 112.430 -93.057
201903 -82.438 112.829 -95.428
201906 -83.791 114.730 -95.386
201909 -39.254 114.905 -44.618
201912 -43.284 115.486 -48.951
202003 -44.196 116.252 -49.653
202006 -46.287 116.630 -51.834
202009 -47.877 116.397 -53.722
202012 -70.484 117.318 -78.468
202103 -71.096 117.840 -78.799
202106 -71.557 118.184 -79.079
202109 -71.785 118.262 -79.279
202112 -53.853 119.516 -58.850
202203 -53.444 120.948 -57.712
202206 -53.727 123.322 -56.901
202209 -49.639 125.298 -51.742
202212 -42.566 126.098 -44.088
202303 -42.524 126.953 -43.748
202306 -42.654 127.663 -43.638
202309 -42.226 128.151 -43.035
202312 -41.004 129.395 -41.388
202403 -39.945 130.607 -39.945

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


PT Modern Internasional Tbk  (ISX:MDRN) 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 Modern Internasional Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.00/45.25
=0.11

* 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 Modern Internasional Tbk was 0.59. The lowest was 0.07. And the median was 0.37.


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 Modern Internasional Tbk Cyclically Adjusted Book per Share Related Terms

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


PT Modern Internasional Tbk (ISX:MDRN) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Sultan Iskandar Muda No 29, Kebayoran lama, Jakarta South, IDN, 12240
PT Modern Internasional Tbk is an Indonesia-based company engages in the business of Industrial Imaging product such as medical equipment, graphic art, and document solution by carrying various brands comprising of technical/ mechanical/ electrical/ photocopy machine and its spare parts. It operates through divisions consisting of photographic products, photocopy products, industrial products, 7-Eleven, and others.

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