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PT Tower Bersama Infrastructure Tbk (ISX:TBIG) Cyclically Adjusted Book per Share : Rp285.04 (As of Mar. 2024)


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What is PT Tower Bersama Infrastructure 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 Tower Bersama Infrastructure Tbk's adjusted book value per share for the three months ended in Mar. 2024 was Rp529.724. 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 Rp285.04 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Tower Bersama Infrastructure Tbk's average Cyclically Adjusted Book Growth Rate was 13.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.20% 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 Tower Bersama Infrastructure Tbk was 17.20% per year. The lowest was 17.20% per year. And the median was 17.20% per year.

As of today (2024-05-29), PT Tower Bersama Infrastructure Tbk's current stock price is Rp1850.00. PT Tower Bersama Infrastructure Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp285.04. PT Tower Bersama Infrastructure Tbk's Cyclically Adjusted PB Ratio of today is 6.49.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Tower Bersama Infrastructure Tbk was 17.78. The lowest was 6.14. And the median was 9.78.


PT Tower Bersama Infrastructure Tbk Cyclically Adjusted Book per Share Historical Data

The historical data trend for PT Tower Bersama Infrastructure 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 Tower Bersama Infrastructure Tbk Cyclically Adjusted Book per Share Chart

PT Tower Bersama Infrastructure 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 - 170.96 199.97 241.98 275.19

PT Tower Bersama Infrastructure 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 250.30 256.64 263.66 275.19 285.04

Competitive Comparison of PT Tower Bersama Infrastructure Tbk's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, PT Tower Bersama Infrastructure 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 Tower Bersama Infrastructure Tbk's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PT Tower Bersama Infrastructure Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PT Tower Bersama Infrastructure 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 Tower Bersama Infrastructure 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)
=529.724/130.6070*130.6070
=529.724

Current CPI (Mar. 2024) = 130.6070.

PT Tower Bersama Infrastructure Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 159.764 93.015 224.333
201409 178.498 94.576 246.501
201412 87.994 98.819 116.299
201503 157.761 98.388 209.424
201506 175.934 99.766 230.321
201509 117.748 101.037 152.209
201512 66.270 102.133 84.746
201603 93.260 102.764 118.528
201606 92.198 103.212 116.669
201609 68.043 104.142 85.334
201612 69.814 105.222 86.657
201703 80.156 106.476 98.322
201706 59.896 107.722 72.621
201709 75.431 108.020 91.203
201712 138.922 109.017 166.435
201803 140.287 110.097 166.422
201806 132.540 111.085 155.833
201809 152.243 111.135 178.918
201812 155.297 112.430 180.405
201903 164.674 112.829 190.622
201906 139.348 114.730 158.632
201909 164.151 114.905 186.583
201912 230.852 115.486 261.079
202003 206.152 116.252 231.607
202006 261.414 116.630 292.742
202009 276.919 116.397 310.727
202012 402.646 117.318 448.255
202103 428.637 117.840 475.077
202106 406.138 118.184 448.830
202109 420.551 118.262 464.452
202112 428.678 119.516 468.459
202203 447.952 120.948 483.725
202206 557.655 123.322 590.595
202209 558.336 125.298 581.991
202212 462.326 126.098 478.859
202303 518.667 126.953 533.598
202306 472.176 127.663 483.065
202309 470.388 128.151 479.401
202312 517.487 129.395 522.335
202403 529.724 130.607 529.724

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


PT Tower Bersama Infrastructure Tbk  (ISX:TBIG) 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 Tower Bersama Infrastructure Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1850.00/285.04
=6.49

* 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 Tower Bersama Infrastructure Tbk was 17.78. The lowest was 6.14. And the median was 9.78.


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 Tower Bersama Infrastructure Tbk Cyclically Adjusted Book per Share Related Terms

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


PT Tower Bersama Infrastructure Tbk (ISX:TBIG) Business Description

Traded in Other Exchanges
N/A
Address
Jl. H.R Rasuna Said, Kawasan Rasuna Epicentrum, Jakarta Selatan, The Convergence Indonesia 11th Floor, Jakarta, IDN, 12940
PT Tower Bersama Infrastructure Tbk is a provider of coverage solutions. The firm's primary business is leasing space for antennas and other equipment for wireless signal transmission to telecommunication operators. PT Tower Bersama's other services include network planning, land acquisition and site licensing, infrastructure design and construction, network installation and project management, network expansion rollouts, and ongoing servicing. The Company also provides telecommunications operators with access to its Distributed Antennae System networks in shopping malls and office buildings in urban areas. A majority of the firm's revenue is generated in Indonesia.

PT Tower Bersama Infrastructure Tbk (ISX:TBIG) Headlines

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