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PT Tower Bersama Infrastructure Tbk (ISX:TBIG) Cyclically Adjusted PB Ratio : 6.49 (As of May. 29, 2024)


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What is PT Tower Bersama Infrastructure Tbk Cyclically Adjusted PB Ratio?

As of today (2024-05-29), PT Tower Bersama Infrastructure Tbk's current share 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 for today is 6.49.

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

ISX:TBIG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.14   Med: 9.78   Max: 17.78
Current: 6.49

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

ISX:TBIG's Cyclically Adjusted PB Ratio is ranked worse than
92.04% of 289 companies
in the Telecommunication Services industry
Industry Median: 1.51 vs ISX:TBIG: 6.49

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Tower Bersama Infrastructure Tbk Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PT Tower Bersama Infrastructure 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 Tower Bersama Infrastructure Tbk Cyclically Adjusted PB Ratio Chart

PT Tower Bersama Infrastructure 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 - 9.53 14.75 9.51 7.59

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 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 8.63 7.83 7.66 7.59 6.60

Competitive Comparison of PT Tower Bersama Infrastructure Tbk's Cyclically Adjusted PB Ratio

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 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 Tower Bersama Infrastructure Tbk's Cyclically Adjusted PB Ratio for 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.

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

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.

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 Tower Bersama Infrastructure Tbk  (ISX:TBIG) 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 Tower Bersama Infrastructure Tbk Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of PT Tower Bersama Infrastructure Tbk's Cyclically Adjusted PB Ratio 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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