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PT Indocement Tunggal Prakarsa Tbk (PT Indocement Tunggal Prakarsa Tbk) Cyclically Adjusted Book per Share : $5.46 (As of Dec. 2023)


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What is PT Indocement Tunggal Prakarsa 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 Indocement Tunggal Prakarsa Tbk's adjusted book value per share for the three months ended in Dec. 2023 was $3.964. 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 $5.46 for the trailing ten years ended in Dec. 2023.

During the past 12 months, PT Indocement Tunggal Prakarsa Tbk's average Cyclically Adjusted Book Growth Rate was -1.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.00% 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 Indocement Tunggal Prakarsa Tbk was 3.30% per year. The lowest was 1.00% per year. And the median was 2.15% per year.

As of today (2024-04-27), PT Indocement Tunggal Prakarsa Tbk's current stock price is $7.05. PT Indocement Tunggal Prakarsa Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $5.46. PT Indocement Tunggal Prakarsa Tbk's Cyclically Adjusted PB Ratio of today is 1.29.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Indocement Tunggal Prakarsa Tbk was 3.15. The lowest was 1.05. And the median was 1.51.


PT Indocement Tunggal Prakarsa Tbk Cyclically Adjusted Book per Share Historical Data

The historical data trend for PT Indocement Tunggal Prakarsa 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 Indocement Tunggal Prakarsa Tbk Cyclically Adjusted Book per Share Chart

PT Indocement Tunggal Prakarsa 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 4.92 4.26 4.98 4.48 5.46

PT Indocement Tunggal Prakarsa 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 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 4.48 4.56 4.67 5.18 5.46

Competitive Comparison of PT Indocement Tunggal Prakarsa Tbk's Cyclically Adjusted Book per Share

For the Building Materials subindustry, PT Indocement Tunggal Prakarsa 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 Indocement Tunggal Prakarsa Tbk's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, PT Indocement Tunggal Prakarsa Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PT Indocement Tunggal Prakarsa 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 Indocement Tunggal Prakarsa 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)
=3.964/128.8650*128.8650
=3.964

Current CPI (Dec. 2023) = 128.8650.

PT Indocement Tunggal Prakarsa Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201403 5.720 92.483 7.970
201406 5.022 93.015 6.958
201409 5.175 94.576 7.051
201412 5.367 98.819 6.999
201503 5.335 98.388 6.988
201506 4.455 99.766 5.754
201509 4.222 101.037 5.385
201512 4.700 102.133 5.930
201603 5.079 102.764 6.369
201606 5.103 103.212 6.371
201609 5.325 104.142 6.589
201612 5.285 105.222 6.473
201703 5.431 106.476 6.573
201706 4.818 107.722 5.764
201709 4.858 108.020 5.795
201712 4.924 109.017 5.820
201803 4.902 110.097 5.738
201806 4.212 111.085 4.886
201809 4.112 111.135 4.768
201812 4.356 112.430 4.993
201903 4.504 112.829 5.144
201906 4.195 114.730 4.712
201909 4.288 114.905 4.809
201912 4.510 115.486 5.032
202003 3.897 116.252 4.320
202006 4.471 116.630 4.940
202009 4.069 116.397 4.505
202012 4.271 117.318 4.691
202103 4.200 117.840 4.593
202106 4.266 118.184 4.652
202109 4.092 118.262 4.459
202112 4.071 119.516 4.389
202203 4.062 120.948 4.328
202206 3.563 123.324 3.723
202209 3.571 125.300 3.673
202212 3.625 126.099 3.705
202303 3.858 126.954 3.916
202306 3.824 127.666 3.860
202309 3.808 128.155 3.829
202312 3.964 128.865 3.964

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


PT Indocement Tunggal Prakarsa Tbk  (OTCPK:PITPY) 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 Indocement Tunggal Prakarsa Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.05/5.46
=1.29

* 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 Indocement Tunggal Prakarsa Tbk was 3.15. The lowest was 1.05. And the median was 1.51.


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 Indocement Tunggal Prakarsa Tbk Cyclically Adjusted Book per Share Related Terms

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


PT Indocement Tunggal Prakarsa Tbk (PT Indocement Tunggal Prakarsa Tbk) Business Description

Traded in Other Exchanges
Address
Jalan Jenderal Sudirman Kavling 70-71, Wisma Indocement, 13th Floor, Jakarta, IDN, 12910
PT Indocement Tunggal Prakarsa Tbk manufactures and sells cement, concrete, and cement-related products. The firm operates in three segments cement, ready-mix concrete, and aggregates quarries. The Cement segment, which generates the vast majority of revenue, sells cement under the Tiga Roda brand, primarily to retailers and the residential construction industry. The Ready-Mix Concrete segment sells concrete to the building and construction industries.

PT Indocement Tunggal Prakarsa Tbk (PT Indocement Tunggal Prakarsa Tbk) Headlines

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