GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » PT Astra International Tbk (STU:ASJA) » Definitions » Cyclically Adjusted Book per Share

PT Astra International Tbk (STU:ASJA) Cyclically Adjusted Book per Share : €0.21 (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is PT Astra International 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 Astra International Tbk's adjusted book value per share for the three months ended in Mar. 2024 was €0.304. 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 €0.21 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Astra International Tbk's average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.50% 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 Astra International Tbk was 9.40% per year. The lowest was 9.10% per year. And the median was 9.20% per year.

As of today (2024-05-24), PT Astra International Tbk's current stock price is €0.258. PT Astra International Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.21. PT Astra International Tbk's Cyclically Adjusted PB Ratio of today is 1.23.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Astra International Tbk was 3.59. The lowest was 1.20. And the median was 1.82.


PT Astra International Tbk Cyclically Adjusted Book per Share Historical Data

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

PT Astra International 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 0.16 0.19 0.18 0.23 0.20

PT Astra International 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 0.20 0.21 0.21 0.20 0.21

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

For the Conglomerates subindustry, PT Astra International 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 Astra International Tbk's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, PT Astra International Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PT Astra International 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 Astra International 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)
=0.304/130.6070*130.6070
=0.304

Current CPI (Mar. 2024) = 130.6070.

PT Astra International Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.134 93.015 0.188
201409 0.142 94.576 0.196
201412 0.154 98.819 0.204
201503 0.175 98.388 0.232
201506 0.162 99.766 0.212
201509 0.151 101.037 0.195
201512 0.168 102.133 0.215
201603 0.175 102.764 0.222
201606 0.174 103.212 0.220
201609 0.179 104.142 0.224
201612 0.195 105.222 0.242
201703 0.203 106.476 0.249
201706 0.193 107.722 0.234
201709 0.183 108.020 0.221
201712 0.191 109.017 0.229
201803 0.188 110.097 0.223
201806 0.187 111.085 0.220
201809 0.188 111.135 0.221
201812 0.205 112.430 0.238
201903 0.218 112.829 0.252
201906 0.216 114.730 0.246
201909 0.226 114.905 0.257
201912 0.236 115.486 0.267
202003 0.211 116.252 0.237
202006 0.234 116.630 0.262
202009 0.218 116.397 0.245
202012 0.224 117.318 0.249
202103 0.229 117.840 0.254
202106 0.230 118.184 0.254
202109 0.244 118.262 0.269
202112 0.264 119.516 0.288
202203 0.280 120.948 0.302
202206 0.289 123.322 0.306
202209 0.310 125.298 0.323
202212 0.285 126.098 0.295
202303 0.306 126.953 0.315
202306 0.283 127.663 0.290
202309 0.284 128.151 0.289
202312 0.292 129.395 0.295
202403 0.304 130.607 0.304

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


PT Astra International Tbk  (STU:ASJA) 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 Astra International Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.258/0.21
=1.23

* 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 Astra International Tbk was 3.59. The lowest was 1.20. And the median was 1.82.


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 Astra International Tbk Cyclically Adjusted Book per Share Related Terms

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


PT Astra International Tbk (STU:ASJA) Business Description

Traded in Other Exchanges
Address
Jl. Jend. Sudirman Kav. 5-6, Menara Astra, 59th Floor, Jakarta, IDN, 10220
PT Astra International Tbk Indonesia-based conglomerate of companies operating in seven segments: Automotive, Financial Services, Heavy Equipment, Mining, Construction, and Energy (HEMCE), Agribusiness, Infrastructure and Logistics, Information Technology, and Property. In automotive, Astra International offers car brands including Toyota, Daihatsu, Isuzu, BMW, Peugeot, UD Trucks, and Honda motorcycles. The company also offers car maintenance and services via its distribution network. Financial services support financing for Astra's other business segments. Heavy equipment and mining consist of three core activities: construction machinery, mining contracting, and coal mining.

PT Astra International Tbk (STU:ASJA) Headlines

No Headlines