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PT Petrosea Tbk (ISX:PTRO) Cyclically Adjusted PB Ratio : 2.59 (As of May. 24, 2024)


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What is PT Petrosea Tbk Cyclically Adjusted PB Ratio?

As of today (2024-05-24), PT Petrosea Tbk's current share price is Rp8950.00. PT Petrosea Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp3,449.75. PT Petrosea Tbk's Cyclically Adjusted PB Ratio for today is 2.59.

The historical rank and industry rank for PT Petrosea Tbk's Cyclically Adjusted PB Ratio or its related term are showing as below:

ISX:PTRO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.86   Med: 1.3   Max: 2.61
Current: 2.58

During the past years, PT Petrosea Tbk's highest Cyclically Adjusted PB Ratio was 2.61. The lowest was 0.86. And the median was 1.30.

ISX:PTRO's Cyclically Adjusted PB Ratio is ranked worse than
77.75% of 1618 companies
in the Metals & Mining industry
Industry Median: 0.89 vs ISX:PTRO: 2.58

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 Petrosea Tbk's adjusted book value per share data for the three months ended in Mar. 2024 was Rp3,630.406. 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 Rp3,449.75 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Petrosea Tbk Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PT Petrosea Tbk's Cyclically Adjusted PB Ratio 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 Petrosea Tbk Cyclically Adjusted PB Ratio Chart

PT Petrosea Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.33 1.54

PT Petrosea 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 PB Ratio 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 1.50 1.08 0.96 1.54 1.22

Competitive Comparison of PT Petrosea Tbk's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, PT Petrosea 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 Petrosea Tbk's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Petrosea Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PT Petrosea Tbk Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

PT Petrosea Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8950.00/3449.75
=2.59

* 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.

PT Petrosea Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, PT Petrosea 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)
=3630.406/130.6070*130.6070
=3,630.406

Current CPI (Mar. 2024) = 130.6070.

PT Petrosea Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 2,293.381 93.015 3,220.258
201409 2,345.270 94.576 3,238.757
201412 2,371.122 98.819 3,133.850
201503 2,497.584 98.388 3,315.478
201506 2,531.216 99.766 3,313.696
201509 2,747.700 101.037 3,551.870
201512 2,437.022 102.133 3,116.454
201603 2,300.844 102.764 2,924.240
201606 2,241.267 103.212 2,836.146
201609 2,236.904 104.142 2,805.345
201612 2,352.872 105.222 2,920.509
201703 2,281.397 106.476 2,798.440
201706 2,292.582 107.722 2,779.642
201709 2,354.077 108.020 2,846.304
201712 2,525.643 109.017 3,025.830
201803 2,451.420 110.097 2,908.109
201806 2,495.678 111.085 2,934.275
201809 2,740.507 111.135 3,220.687
201812 2,735.884 112.430 3,178.208
201903 2,733.235 112.829 3,163.914
201906 2,659.014 114.730 3,026.978
201909 2,841.251 114.905 3,229.525
201912 2,920.991 115.486 3,303.450
202003 3,406.939 116.252 3,827.624
202006 3,002.998 116.630 3,362.885
202009 3,215.317 116.397 3,607.862
202012 3,282.417 117.318 3,654.224
202103 3,456.363 117.840 3,830.838
202106 3,425.243 118.184 3,785.293
202109 3,431.355 118.262 3,789.553
202112 3,733.816 119.516 4,080.308
202203 3,796.557 120.948 4,099.746
202206 4,032.211 123.322 4,270.392
202209 4,439.639 125.298 4,627.736
202212 4,714.700 126.098 4,883.299
202303 4,583.881 126.953 4,715.834
202306 3,549.823 127.663 3,631.687
202309 3,646.323 128.151 3,716.193
202312 3,649.869 129.395 3,684.065
202403 3,630.406 130.607 3,630.406

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


PT Petrosea Tbk  (ISX:PTRO) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


PT Petrosea Tbk Cyclically Adjusted PB Ratio Related Terms

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PT Petrosea Tbk (ISX:PTRO) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Boulevard Bintaro Jaya Blok B7/A6, Indy Bintaro Office Park, Building B, Sektor VII, CBD Bintaro Jaya, Tangerang Selatan, IDN, 15224
PT Petrosea Tbk is an Indonesian-based firm engaged in multi-disciplinary mining, infrastructure, and oil and gas services. It operates in three business segments. The Mining segment covers mining contracts like overburden stripping, drilling, blasting, lifting, hauling, mine services, and mines partnering. The Services segment covers supply-based facilities and port services. The Engineering and Construction segment provides multi-disciplinary engineering, procurement, and construction services to oil and gas, infrastructure, industrial, and manufacturing, and utility sectors. This segment also includes the supply of skilled trade personnel and equipment hire services. The majority of its revenue comes from the Mining segment.

PT Petrosea Tbk (ISX:PTRO) Headlines

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