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PT Argo Pantes Tbk (ISX:ARGO) Cyclically Adjusted Book per Share : Rp-3,038.18 (As of Mar. 2024)


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What is PT Argo Pantes 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 Argo Pantes Tbk's adjusted book value per share for the three months ended in Mar. 2024 was Rp40.831. 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 Rp-3,038.18 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-14), PT Argo Pantes Tbk's current stock price is Rp1145.00. PT Argo Pantes Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp-3,038.18. PT Argo Pantes Tbk's Cyclically Adjusted PB Ratio of today is .


PT Argo Pantes Tbk Cyclically Adjusted Book per Share Historical Data

The historical data trend for PT Argo Pantes 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 Argo Pantes Tbk Cyclically Adjusted Book per Share Chart

PT Argo Pantes 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 - - - -2,790.27 -3,092.42

PT Argo Pantes 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 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 -2,969.07 -3,127.02 -3,052.95 -3,092.42 -3,038.18

Competitive Comparison of PT Argo Pantes Tbk's Cyclically Adjusted Book per Share

For the Textile Manufacturing subindustry, PT Argo Pantes 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 Argo Pantes Tbk's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Argo Pantes Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PT Argo Pantes 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 Argo Pantes 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)
=40.831/130.6070*130.6070
=40.831

Current CPI (Mar. 2024) = 130.6070.

PT Argo Pantes Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 93.015 0.000
201409 419.765 94.576 579.685
201412 -764.485 98.819 -1,010.400
201503 -974.655 98.388 -1,293.829
201506 -1,212.368 99.766 -1,587.150
201509 -1,446.564 101.037 -1,869.930
201512 -1,308.050 102.133 -1,672.729
201603 -1,363.490 102.764 -1,732.917
201606 -1,518.884 103.212 -1,922.028
201609 -1,664.733 104.142 -2,087.774
201612 -2,298.251 105.222 -2,852.711
201703 -2,528.331 106.476 -3,101.338
201706 -2,703.547 107.722 -3,277.917
201709 -2,563.228 108.020 -3,099.188
201712 -2,907.570 109.017 -3,483.396
201803 -3,027.837 110.097 -3,591.910
201806 -3,075.208 111.085 -3,615.653
201809 -3,217.650 111.135 -3,781.433
201812 -3,476.164 112.430 -4,038.173
201903 -3,475.364 112.829 -4,022.981
201906 -3,490.420 114.730 -3,973.438
201909 -3,668.179 114.905 -4,169.458
201912 -3,596.708 115.486 -4,067.642
202003 -3,600.604 116.252 -4,045.202
202006 -3,761.166 116.630 -4,211.913
202009 -3,993.209 116.397 -4,480.724
202012 -3,743.958 117.318 -4,168.045
202103 0.000 117.840 0.000
202106 -4,058.867 118.184 -4,485.522
202109 -4,123.792 118.262 -4,554.273
202112 -3,831.725 119.516 -4,187.303
202203 -4,083.908 120.948 -4,410.045
202206 -4,136.507 123.322 -4,380.849
202209 -4,158.200 125.298 -4,334.373
202212 -4,119.594 126.098 -4,266.912
202303 -4,076.436 126.953 -4,193.782
202306 -4,092.778 127.663 -4,187.164
202309 44.357 128.151 45.207
202312 41.130 129.395 41.515
202403 40.831 130.607 40.831

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


PT Argo Pantes Tbk  (ISX:ARGO) 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.


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 Argo Pantes Tbk Cyclically Adjusted Book per Share Related Terms

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


PT Argo Pantes Tbk (ISX:ARGO) Business Description

Traded in Other Exchanges
N/A
Address
Jalan. Jend Gatot Subroto Kav.22, Wisma Argo Manunggal, 2nd Floor, Jakarta, IDN, 12930
PT Argo Pantes Tbk operates in the textile industry. The company is engaged in the production and sales of finished fabric, knitting, and garment. The company has two operating segments which include the textile industry and rent out of which the majority of the revenue derives from the Textile segment.

PT Argo Pantes Tbk (ISX:ARGO) Headlines

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