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PT Indo Tambangraya Megah Tbk (PT Indo Tambangraya Megah Tbk) Cyclically Adjusted PB Ratio : 1.45 (As of Apr. 29, 2024)


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What is PT Indo Tambangraya Megah Tbk Cyclically Adjusted PB Ratio?

As of today (2024-04-29), PT Indo Tambangraya Megah Tbk's current share price is $3.11. PT Indo Tambangraya Megah Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $2.15. PT Indo Tambangraya Megah Tbk's Cyclically Adjusted PB Ratio for today is 1.45.

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

ITAYY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.69   Max: 3.31
Current: 1.58

During the past years, PT Indo Tambangraya Megah Tbk's highest Cyclically Adjusted PB Ratio was 3.31. The lowest was 0.58. And the median was 1.69.

ITAYY's Cyclically Adjusted PB Ratio is ranked worse than
51.88% of 133 companies
in the Other Energy Sources industry
Industry Median: 1.43 vs ITAYY: 1.58

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 Indo Tambangraya Megah Tbk's adjusted book value per share data for the three months ended in Dec. 2023 was $3.164. 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 $2.15 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Indo Tambangraya Megah Tbk Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PT Indo Tambangraya Megah 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 Indo Tambangraya Megah Tbk Cyclically Adjusted PB Ratio Chart

PT Indo Tambangraya Megah 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 0.98 1.13 1.63 2.76 1.65

PT Indo Tambangraya Megah 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 2.76 2.71 1.62 1.91 1.65

Competitive Comparison of PT Indo Tambangraya Megah Tbk's Cyclically Adjusted PB Ratio

For the Thermal Coal subindustry, PT Indo Tambangraya Megah 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 Indo Tambangraya Megah Tbk's Cyclically Adjusted PB Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Indo Tambangraya Megah Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PT Indo Tambangraya Megah 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 Indo Tambangraya Megah Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.11/2.15
=1.45

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

For example, PT Indo Tambangraya Megah 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)
=3.164/128.8650*128.8650
=3.164

Current CPI (Dec. 2023) = 128.8650.

PT Indo Tambangraya Megah Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.760 92.483 2.452
201406 1.682 93.015 2.330
201409 1.719 94.576 2.342
201412 1.566 98.819 2.042
201503 1.533 98.388 2.008
201506 1.568 99.766 2.025
201509 1.604 101.037 2.046
201512 1.477 102.133 1.864
201603 1.509 102.764 1.892
201606 1.542 103.212 1.925
201609 1.601 104.142 1.981
201612 1.655 105.222 2.027
201703 1.580 106.476 1.912
201706 1.671 107.722 1.999
201709 1.790 108.020 2.135
201712 1.747 109.017 2.065
201803 1.592 110.097 1.863
201806 1.639 111.085 1.901
201809 1.831 111.135 2.123
201812 1.774 112.430 2.033
201903 1.561 112.829 1.783
201906 1.622 114.730 1.822
201909 1.671 114.905 1.874
201912 1.623 115.486 1.811
202003 1.589 116.252 1.761
202006 1.586 116.630 1.752
202009 1.589 116.397 1.759
202012 1.558 117.318 1.711
202103 1.626 117.840 1.778
202106 1.668 118.184 1.819
202109 1.907 118.262 2.078
202112 2.206 119.516 2.379
202203 2.191 120.948 2.334
202206 2.634 123.324 2.752
202209 3.449 125.300 3.547
202212 3.461 126.099 3.537
202303 2.959 126.954 3.004
202306 3.176 127.666 3.206
202309 2.988 128.155 3.005
202312 3.164 128.865 3.164

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 Indo Tambangraya Megah Tbk  (OTCPK:ITAYY) 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 Indo Tambangraya Megah Tbk Cyclically Adjusted PB Ratio Related Terms

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


PT Indo Tambangraya Megah Tbk (PT Indo Tambangraya Megah Tbk) Business Description

Traded in Other Exchanges
Address
Jalan Sultan Iskandar Muda, Pondok Indah Office Tower III, 3rd Floor, Kav V-TA, Jakarta, IDN, 12310
PT Indo Tambangraya Megah Tbk is an Indonesia-based coal mining company. It operates in three segments: Upstream business, which includes coal mining, blending, and sales; Energy supply chain management segment includes fuel distribution, sales, and logistics, as well as empowerment of internal mining contractors; and Downstream segment includes the development of power plants and renewable energy ventures. The company's geographical segments include Taiwan, China, Hong Kong, and Korea; Domestic; South East Asia (excluding Indonesia), India, and Pakistan; Japan; Europe; and Australia & Oceania.

PT Indo Tambangraya Megah Tbk (PT Indo Tambangraya Megah Tbk) Headlines