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PT Bank Rakyat Indonesia (Persero) Tbk (PT Bank Rakyat Indonesia (Persero) Tbk) Cyclically Adjusted PB Ratio : 3.11 (As of May. 15, 2024)


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What is PT Bank Rakyat Indonesia (Persero) Tbk Cyclically Adjusted PB Ratio?

As of today (2024-05-15), PT Bank Rakyat Indonesia (Persero) Tbk's current share price is $15.005. PT Bank Rakyat Indonesia (Persero) Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $4.83. PT Bank Rakyat Indonesia (Persero) Tbk's Cyclically Adjusted PB Ratio for today is 3.11.

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

BKRKY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.11   Med: 3.76   Max: 4.88
Current: 3.07

During the past years, PT Bank Rakyat Indonesia (Persero) Tbk's highest Cyclically Adjusted PB Ratio was 4.88. The lowest was 2.11. And the median was 3.76.

BKRKY's Cyclically Adjusted PB Ratio is ranked worse than
93.92% of 1185 companies
in the Banks industry
Industry Median: 0.93 vs BKRKY: 3.07

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 Bank Rakyat Indonesia (Persero) Tbk's adjusted book value per share data for the three months ended in Mar. 2024 was $6.302. 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 $4.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Bank Rakyat Indonesia (Persero) Tbk Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PT Bank Rakyat Indonesia (Persero) 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 Bank Rakyat Indonesia (Persero) Tbk Cyclically Adjusted PB Ratio Chart

PT Bank Rakyat Indonesia (Persero) 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 4.30 3.63 3.57 3.68 3.83

PT Bank Rakyat Indonesia (Persero) 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 3.42 3.82 3.59 3.83 3.97

Competitive Comparison of PT Bank Rakyat Indonesia (Persero) Tbk's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, PT Bank Rakyat Indonesia (Persero) 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 Bank Rakyat Indonesia (Persero) Tbk's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, PT Bank Rakyat Indonesia (Persero) Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Bank Rakyat Indonesia (Persero) Tbk's Cyclically Adjusted PB Ratio falls into.



PT Bank Rakyat Indonesia (Persero) 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 Bank Rakyat Indonesia (Persero) Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.005/4.83
=3.11

* 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 Bank Rakyat Indonesia (Persero) Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, PT Bank Rakyat Indonesia (Persero) 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)
=6.302/128.8650*128.8650
=6.302

Current CPI (Mar. 2024) = 128.8650.

PT Bank Rakyat Indonesia (Persero) Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.613 93.015 3.620
201409 2.755 94.576 3.754
201412 2.889 98.819 3.767
201503 2.702 98.388 3.539
201506 2.820 99.766 3.643
201509 2.702 101.037 3.446
201512 3.040 102.133 3.836
201603 3.150 102.764 3.950
201606 3.797 103.212 4.741
201609 3.986 104.142 4.932
201612 4.029 105.222 4.934
201703 3.975 106.476 4.811
201706 4.233 107.722 5.064
201709 4.356 108.020 5.197
201712 4.589 109.017 5.424
201803 4.326 110.097 5.063
201806 4.253 111.085 4.934
201809 4.317 111.135 5.006
201812 4.698 112.430 5.385
201903 5.027 112.829 5.741
201906 4.951 114.730 5.561
201909 5.165 114.905 5.793
201912 5.513 115.486 6.152
202003 4.015 116.252 4.451
202006 4.807 116.630 5.311
202009 4.777 116.397 5.289
202012 6.001 117.318 6.592
202103 4.875 117.840 5.331
202106 5.038 118.184 5.493
202109 6.426 118.262 7.002
202112 6.676 119.516 7.198
202203 6.261 120.948 6.671
202206 6.285 123.324 6.567
202209 6.429 125.300 6.612
202212 6.297 126.099 6.435
202303 6.150 126.954 6.243
202306 6.472 127.666 6.533
202309 6.545 128.155 6.581
202312 6.697 128.865 6.697
202403 6.302 128.865 6.302

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 Bank Rakyat Indonesia (Persero) Tbk  (OTCPK:BKRKY) 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 Bank Rakyat Indonesia (Persero) Tbk Cyclically Adjusted PB Ratio Related Terms

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PT Bank Rakyat Indonesia (Persero) Tbk (PT Bank Rakyat Indonesia (Persero) Tbk) Business Description

Traded in Other Exchanges
Address
Jalan Jenderal Sudirman No. 44 - 46, Gedung BRI I, 20th Floor, Jakarta, IDN, 10210
PT Bank Rakyat Indonesia (Persero) Tbk is Indonesia's oldest commercial bank, and operates primarily within the country's borders, with some exposure to North Asia. BRI focuses on providing and tailoring banking services to micro, small, and medium enterprises. Its segments are micro, retail, corporate, and others. The company emphasizes integrating financial technology into its various platforms to create ease of access for its customer base. Its core business services include collecting customer deposits, loan disbursement, issuing promissory notes and loan agreements, and collateralization of assets. Its loan products include working capital loans for corporate and commercial customers, and mortgages for consumer customers.