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PT Bank SMBC Indonesia Tbk (ISX:BTPN) Cyclically Adjusted Book per Share : Rp4,055.55 (As of Mar. 2025)


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What is PT Bank SMBC 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 SMBC Indonesia Tbk's adjusted book value per share for the three months ended in Mar. 2025 was Rp4,535.272. 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 Rp4,055.55 for the trailing ten years ended in Mar. 2025.

During the past 12 months, PT Bank SMBC Indonesia Tbk's average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.90% 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 Bank SMBC Indonesia Tbk was 12.60% per year. The lowest was 10.20% per year. And the median was 10.70% per year.

As of today (2025-05-13), PT Bank SMBC Indonesia Tbk's current stock price is Rp2210.00. PT Bank SMBC Indonesia Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was Rp4,055.55. PT Bank SMBC Indonesia Tbk's Cyclically Adjusted PB Ratio of today is 0.54.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Bank SMBC Indonesia Tbk was 1.42. The lowest was 0.49. And the median was 0.76.


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

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

PT Bank SMBC 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 2,770.89 2,985.78 3,420.87 3,758.96 3,996.43

PT Bank SMBC Indonesia Tbk Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 3,838.57 3,887.09 3,917.94 3,996.43 4,055.55

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

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

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

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


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PT Bank SMBC 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 SMBC Indonesia Tbk's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=4535.272/131.9484*131.9484
=4,535.272

Current CPI (Mar. 2025) = 131.9484.

PT Bank SMBC Indonesia Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201506 2,166.260 99.766 2,865.047
201509 2,244.803 101.037 2,931.593
201512 2,304.332 102.133 2,977.035
201603 2,500.194 102.764 3,210.238
201606 2,586.386 103.212 3,306.481
201609 2,672.440 104.142 3,385.981
201612 2,732.789 105.222 3,426.921
201703 2,719.408 106.476 3,369.979
201706 2,801.008 107.722 3,430.963
201709 2,878.369 108.020 3,515.967
201712 2,805.631 109.017 3,395.790
201803 2,948.814 110.097 3,534.093
201806 2,944.368 111.085 3,497.373
201809 3,037.085 111.135 3,605.888
201812 3,035.824 112.430 3,562.861
201903 3,504.388 112.829 4,098.241
201906 3,582.934 114.730 4,120.645
201909 3,671.517 114.905 4,216.113
201912 3,679.321 115.486 4,203.808
202003 3,693.691 116.252 4,192.404
202006 3,743.017 116.630 4,234.639
202009 3,813.429 116.397 4,322.943
202012 3,845.199 117.318 4,324.719
202103 3,960.841 117.840 4,435.060
202106 4,047.480 118.184 4,518.877
202109 4,099.006 118.262 4,573.393
202112 4,182.118 119.516 4,617.150
202203 4,272.231 120.948 4,660.789
202206 4,377.860 123.322 4,684.077
202209 4,460.595 125.298 4,697.334
202212 4,544.033 126.098 4,754.868
202303 4,643.911 126.953 4,826.661
202306 4,651.361 127.663 4,807.502
202309 4,731.519 128.151 4,871.709
202312 4,760.454 129.395 4,854.405
202403 4,273.175 130.607 4,317.063
202406 4,333.413 130.792 4,371.740
202409 4,405.693 130.361 4,459.344
202412 4,489.187 131.432 4,506.842
202503 4,535.272 131.948 4,535.272

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


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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2210.00/4055.55
=0.54

* 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 SMBC Indonesia Tbk was 1.42. The lowest was 0.49. And the median was 0.76.


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 SMBC Indonesia Tbk Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of PT Bank SMBC 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 SMBC Indonesia Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Dr. Ide Anak Agung Gde Agung, Menara BTPN, CBD Mega Kuningan, Kavling 5.5 - 5.6, Jakarta Selatan, Jakarta, IDN, 12950
PT Bank SMBC Indonesia Tbk is a foreign exchange bank. It offers products and services such as green financing, products and services for retired customers, for micro, small, and medium enterprise customers, for large national, multinational, and Japanese corporations, wealth management services through Sinaya, as well as digital banking services for digital-savvy communities through Jenius.

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