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PT Multipolar Tbk (ISX:MLPL) Cyclically Adjusted Book per Share : Rp576.29 (As of Mar. 2024)


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What is PT Multipolar 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 Multipolar Tbk's adjusted book value per share for the three months ended in Mar. 2024 was Rp279.367. 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 Rp576.29 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Multipolar Tbk's average Cyclically Adjusted Book Growth Rate was -8.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -6.90% 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 Multipolar Tbk was -6.40% per year. The lowest was -6.90% per year. And the median was -6.65% per year.

As of today (2024-06-04), PT Multipolar Tbk's current stock price is Rp53.00. PT Multipolar Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp576.29. PT Multipolar Tbk's Cyclically Adjusted PB Ratio of today is 0.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Multipolar Tbk was 1.03. The lowest was 0.06. And the median was 0.14.


PT Multipolar Tbk Cyclically Adjusted Book per Share Historical Data

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

PT Multipolar 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 792.32 729.71 686.37 649.92 588.69

PT Multipolar 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 632.35 616.57 600.71 588.69 576.29

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

For the Department Stores subindustry, PT Multipolar 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 Multipolar Tbk's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PT Multipolar Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PT Multipolar 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 Multipolar 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)
=279.367/130.6070*130.6070
=279.367

Current CPI (Mar. 2024) = 130.6070.

PT Multipolar Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 703.417 93.015 987.705
201409 718.064 94.576 991.628
201412 825.233 98.819 1,090.689
201503 828.802 98.388 1,100.213
201506 791.675 99.766 1,036.407
201509 751.834 101.037 971.873
201512 706.557 102.133 903.542
201603 699.133 102.764 888.558
201606 706.442 103.212 893.946
201609 783.177 104.142 982.197
201612 763.743 105.222 947.998
201703 745.085 106.476 913.947
201706 736.348 107.722 892.786
201709 688.081 108.020 831.956
201712 639.872 109.017 766.595
201803 595.489 110.097 706.426
201806 599.130 111.085 704.423
201809 410.235 111.135 482.115
201812 382.440 112.430 444.271
201903 374.559 112.829 433.579
201906 358.145 114.730 407.706
201909 368.284 114.905 418.612
201912 322.889 115.486 365.166
202003 333.740 116.252 374.950
202006 307.286 116.630 344.112
202009 295.500 116.397 331.576
202012 230.046 117.318 256.104
202103 204.780 117.840 226.967
202106 272.357 118.184 300.986
202109 286.058 118.262 315.920
202112 168.632 119.516 184.281
202203 282.556 120.948 305.121
202206 266.660 123.322 282.411
202209 266.087 125.298 277.360
202212 278.173 126.098 288.121
202303 269.891 126.953 277.660
202306 271.086 127.663 277.338
202309 279.346 128.151 284.699
202312 279.735 129.395 282.356
202403 279.367 130.607 279.367

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


PT Multipolar Tbk  (ISX:MLPL) 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 Multipolar Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=53.00/576.29
=0.09

* 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 Multipolar Tbk was 1.03. The lowest was 0.06. And the median was 0.14.


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 Multipolar Tbk Cyclically Adjusted Book per Share Related Terms

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


PT Multipolar Tbk (ISX:MLPL) Business Description

Traded in Other Exchanges
Address
Jalan Boulevard Palem Raya No. 7, Menara Matahari 20th-21st Floor, Lippo Karawaci, Banten, Tangerang, IDN, 15811
PT Multipolar Tbk is an investment holding company. It is engaged in business scopes covering the retail, telecommunications, multimedia, and technology (TMT), and other supporting business units. The company has three main business segments: Retail and Distribution, Information Technology, and Other Segment. The firm's revenue gets dominated by the Retail and Distribution Segment which operates department stores and book stores.

PT Multipolar Tbk (ISX:MLPL) Headlines

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