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PT Adhi Karya (Persero) Tbk (ISX:ADHI) Cyclically Adjusted Book per Share : Rp1,492.75 (As of Jun. 2024)


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What is PT Adhi Karya (Persero) 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 Adhi Karya (Persero) Tbk's adjusted book value per share for the three months ended in Jun. 2024 was Rp1,026.374. 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 Rp1,492.75 for the trailing ten years ended in Jun. 2024.

During the past 12 months, PT Adhi Karya (Persero) Tbk's average Cyclically Adjusted Book Growth Rate was 3.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.60% 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 Adhi Karya (Persero) Tbk was 9.00% per year. The lowest was 6.60% per year. And the median was 7.80% per year.

As of today (2024-09-20), PT Adhi Karya (Persero) Tbk's current stock price is Rp290.00. PT Adhi Karya (Persero) Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was Rp1,492.75. PT Adhi Karya (Persero) Tbk's Cyclically Adjusted PB Ratio of today is 0.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Adhi Karya (Persero) Tbk was 1.46. The lowest was 0.13. And the median was 0.50.


PT Adhi Karya (Persero) Tbk Cyclically Adjusted Book per Share Historical Data

The historical data trend for PT Adhi Karya (Persero) 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 Adhi Karya (Persero) Tbk Cyclically Adjusted Book per Share Chart

PT Adhi Karya (Persero) 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 1,091.32 1,212.77 1,271.72 1,412.03 1,469.78

PT Adhi Karya (Persero) Tbk Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1,441.77 1,452.27 1,469.78 1,487.38 1,492.75

Competitive Comparison of PT Adhi Karya (Persero) Tbk's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, PT Adhi Karya (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 Adhi Karya (Persero) Tbk's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, PT Adhi Karya (Persero) Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PT Adhi Karya (Persero) 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 Adhi Karya (Persero) Tbk's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=1026.374/130.7916*130.7916
=1,026.374

Current CPI (Jun. 2024) = 130.7916.

PT Adhi Karya (Persero) Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201409 654.836 94.576 905.590
201412 704.659 98.819 932.646
201503 729.251 98.388 969.430
201506 695.086 99.766 911.246
201509 721.439 101.037 933.901
201512 1,325.276 102.133 1,697.153
201603 1,327.965 102.764 1,690.153
201606 1,315.474 103.212 1,666.981
201609 1,330.792 104.142 1,671.331
201612 1,397.130 105.222 1,736.643
201703 1,377.258 106.476 1,691.780
201706 1,406.101 107.722 1,707.238
201709 1,424.706 108.020 1,725.041
201712 1,506.670 109.017 1,807.608
201803 1,525.515 110.097 1,812.270
201806 1,526.823 111.085 1,797.688
201809 1,566.444 111.135 1,843.511
201812 1,613.447 112.430 1,876.950
201903 1,632.872 112.829 1,892.837
201906 1,635.605 114.730 1,864.578
201909 1,670.633 114.905 1,901.619
201912 1,751.156 115.486 1,983.242
202003 1,444.169 116.252 1,624.787
202006 1,440.534 116.630 1,615.451
202009 1,430.526 116.397 1,607.442
202012 1,426.704 117.318 1,590.555
202103 1,428.438 117.840 1,585.438
202106 1,428.834 118.184 1,581.260
202109 1,431.081 118.262 1,582.705
202112 1,439.960 119.516 1,575.810
202203 1,513.898 120.948 1,637.107
202206 1,466.713 123.322 1,555.547
202209 1,469.489 125.298 1,533.913
202212 998.255 126.098 1,035.414
202303 999.260 126.953 1,029.478
202306 999.731 127.663 1,024.232
202309 1,001.055 128.151 1,021.679
202312 1,024.736 129.395 1,035.799
202403 1,025.943 130.607 1,027.393
202406 1,026.374 130.792 1,026.374

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


PT Adhi Karya (Persero) Tbk  (ISX:ADHI) 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 Adhi Karya (Persero) Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=290.00/1492.75
=0.19

* 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 Adhi Karya (Persero) Tbk was 1.46. The lowest was 0.13. And the median was 0.50.


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 Adhi Karya (Persero) Tbk Cyclically Adjusted Book per Share Related Terms

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


PT Adhi Karya (Persero) Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Raya Pasar Minggu Km. 18, South Jakarta, Jakata, IDN, 12510
PT Adhi Karya (Persero) Tbk is an Indonesia-based company that provides construction services. The company operates through segments namely the Engineering and Infrastructure segment, Property and Hospitality, Manufacturing, Investments and Concessions.