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PT Bank Maspion Indonesia Tbk (ISX:BMAS) Cyclically Adjusted Book per Share : Rp161.29 (As of Dec. 2024)


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What is PT Bank Maspion Indonesia 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 Bank Maspion Indonesia Tbk's adjusted book value per share for the three months ended in Dec. 2024 was Rp357.052. 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 Rp161.29 for the trailing ten years ended in Dec. 2024.

During the past 12 months, PT Bank Maspion Indonesia Tbk's average Cyclically Adjusted Book Growth Rate was 23.20% 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.

As of today (2025-04-26), PT Bank Maspion Indonesia Tbk's current stock price is Rp460.00. PT Bank Maspion Indonesia Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was Rp161.29. PT Bank Maspion Indonesia Tbk's Cyclically Adjusted PB Ratio of today is 2.85.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Bank Maspion Indonesia Tbk was 9.04. The lowest was 2.85. And the median was 4.72.


PT Bank Maspion Indonesia Tbk Cyclically Adjusted Book per Share Historical Data

The historical data trend for PT Bank Maspion Indonesia 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 Bank Maspion Indonesia Tbk Cyclically Adjusted Book per Share Chart

PT Bank Maspion Indonesia Tbk Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 112.01 130.97 161.29

PT Bank Maspion Indonesia Tbk Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 130.97 139.26 146.56 153.22 161.29

Competitive Comparison of PT Bank Maspion Indonesia Tbk's Cyclically Adjusted Book per Share

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

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

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


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PT Bank Maspion Indonesia 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 Bank Maspion Indonesia Tbk's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=357.052/131.4315*131.4315
=357.052

Current CPI (Dec. 2024) = 131.4315.

PT Bank Maspion Indonesia Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201503 64.090 98.388 85.615
201506 63.463 99.766 83.606
201509 64.527 101.037 83.939
201512 84.759 102.133 109.074
201603 86.275 102.764 110.343
201606 88.403 103.212 112.573
201609 89.936 104.142 113.503
201612 111.107 105.222 138.783
201703 97.792 106.476 120.712
201706 99.276 107.722 121.127
201709 100.491 108.020 122.270
201712 100.671 109.017 121.370
201803 102.009 110.097 121.777
201806 100.206 111.085 118.560
201809 101.146 111.135 119.619
201812 104.013 112.430 121.592
201903 105.317 112.829 122.682
201906 103.500 114.730 118.567
201909 104.675 114.905 119.731
201912 106.455 115.486 121.154
202003 107.574 116.252 121.620
202006 108.831 116.630 122.643
202009 109.935 116.397 124.135
202012 111.248 117.318 124.631
202103 112.759 117.840 125.765
202106 114.333 118.184 127.149
202109 112.385 118.262 124.900
202112 115.315 119.516 126.812
202203 117.309 120.948 127.477
202206 119.866 123.322 127.748
202209 122.305 125.298 128.292
202212 220.479 126.098 229.805
202303 222.182 126.953 230.021
202306 224.196 127.663 230.814
202309 224.188 128.151 229.926
202312 371.363 129.395 377.209
202403 373.477 130.607 375.835
202406 373.718 130.792 375.546
202409 374.508 130.361 377.584
202412 357.052 131.432 357.052

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


PT Bank Maspion Indonesia Tbk  (ISX:BMAS) 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 Bank Maspion Indonesia Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=460.00/161.29
=2.85

* 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 Bank Maspion Indonesia Tbk was 9.04. The lowest was 2.85. And the median was 4.72.


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 Bank Maspion Indonesia Tbk Cyclically Adjusted Book per Share Related Terms

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


PT Bank Maspion Indonesia Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jl. Embong Malang, No. 21-31, Tunjungan Plaza 6 Lt. 32 & 33, Kel. Kedungdoro, Kec. Tegalsari, Surabaya, IDN, 60261
PT Bank Maspion Indonesia Tbk is a commercial bank offering banking products and financial services in Indonesia. It provides general banking services like accepting deposits, granting loans, Savings, Trade finance others. Its geographic segments are Jakarta, West Java, Central Java, East Java, Bali, Sulawesi, and Sumatera. Its business segments are the Loan segment and the Funding segment.

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