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PT Vale Indonesia Tbk (PT Vale Indonesia Tbk) Cyclically Adjusted PB Ratio : 1.30 (As of May. 22, 2024)


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What is PT Vale Indonesia Tbk Cyclically Adjusted PB Ratio?

As of today (2024-05-22), PT Vale Indonesia Tbk's current share price is $13.94. PT Vale Indonesia Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $10.71. PT Vale Indonesia Tbk's Cyclically Adjusted PB Ratio for today is 1.30.

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

PTNDY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.58   Max: 2.8
Current: 1.47

During the past years, PT Vale Indonesia Tbk's highest Cyclically Adjusted PB Ratio was 2.80. The lowest was 0.58. And the median was 1.58.

PTNDY's Cyclically Adjusted PB Ratio is ranked worse than
63.28% of 1615 companies
in the Metals & Mining industry
Industry Median: 0.9 vs PTNDY: 1.47

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 Vale Indonesia Tbk's adjusted book value per share data for the three months ended in Dec. 2023 was $12.905. 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 $10.71 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Vale Indonesia Tbk Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PT Vale Indonesia 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 Vale Indonesia Tbk Cyclically Adjusted PB Ratio Chart

PT Vale Indonesia 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 1.41 1.88 1.67 2.32 1.33

PT Vale Indonesia Tbk Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.32 2.14 2.00 1.77 1.33

Competitive Comparison of PT Vale Indonesia Tbk's Cyclically Adjusted PB Ratio

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

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

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



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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.94/10.71
=1.30

* 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 Vale Indonesia Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, PT Vale Indonesia Tbk's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=12.905/129.3947*129.3947
=12.905

Current CPI (Dec. 2023) = 129.3947.

PT Vale Indonesia Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201403 8.717 92.483 12.196
201406 8.968 93.015 12.476
201409 9.282 94.576 12.699
201412 8.984 98.819 11.764
201503 9.107 98.388 11.977
201506 9.192 99.766 11.922
201509 9.245 101.037 11.840
201512 9.229 102.133 11.692
201603 9.151 102.764 11.522
201606 9.128 103.212 11.444
201609 9.193 104.142 11.422
201612 9.232 105.222 11.353
201703 9.200 106.476 11.180
201706 9.123 107.722 10.959
201709 9.132 108.020 10.939
201712 9.155 109.017 10.866
201803 9.190 110.097 10.801
201806 9.304 111.085 10.838
201809 9.434 111.135 10.984
201812 9.479 112.430 10.909
201903 9.358 112.829 10.732
201906 9.351 114.730 10.546
201909 9.485 114.905 10.681
201912 9.771 115.486 10.948
202003 9.918 116.252 11.039
202006 10.038 116.630 11.137
202009 10.156 116.397 11.290
202012 10.167 117.318 11.214
202103 10.336 117.840 11.350
202106 10.296 118.184 11.273
202109 10.621 118.262 11.621
202112 10.841 119.516 11.737
202203 11.182 120.948 11.963
202206 11.598 123.322 12.169
202209 11.689 125.298 12.071
202212 11.849 126.098 12.159
202303 12.343 126.953 12.580
202306 12.394 127.663 12.562
202309 12.659 128.151 12.782
202312 12.905 129.395 12.905

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 Vale Indonesia Tbk  (OTCPK:PTNDY) 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 Vale Indonesia Tbk Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of PT Vale Indonesia Tbk's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Vale Indonesia Tbk (PT Vale Indonesia Tbk) Business Description

Traded in Other Exchanges
Address
Jalan Jenderal Sudirman Kav. 71, Sequis Tower, Lantai 20, Unit 6 and 7, Jakarta, IDN, 12190
PT Vale Indonesia Tbk is primarily engaged in nickel mining and processing in Indonesia. The company produces nickel in matte from lateritic ores at its integrated mining and processing facilities near Sorowako, Indonesia. The finished nickel product represents what is known in the industry as "primary nickel," meaning nickel produced principally from nickel ores, as opposed to "secondary" nickel, which is recovered from recycled metal which contains nickel. The majority of global nickel is used for stainless steel production.

PT Vale Indonesia Tbk (PT Vale Indonesia Tbk) Headlines

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