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PT Harum Energy Tbk (ISX:HRUM) Cyclically Adjusted Book per Share : Rp498.29 (As of Dec. 2023)


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What is PT Harum Energy 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 Harum Energy Tbk's adjusted book value per share for the three months ended in Dec. 2023 was Rp1,025.486. 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 Rp498.29 for the trailing ten years ended in Dec. 2023.

During the past 12 months, PT Harum Energy Tbk's average Cyclically Adjusted Book Growth Rate was 17.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.80% 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 Harum Energy Tbk was 13.80% per year. The lowest was 9.30% per year. And the median was 11.55% per year.

As of today (2024-05-26), PT Harum Energy Tbk's current stock price is Rp1330.00. PT Harum Energy Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was Rp498.29. PT Harum Energy Tbk's Cyclically Adjusted PB Ratio of today is 2.67.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Harum Energy Tbk was 7.27. The lowest was 0.70. And the median was 3.18.


PT Harum Energy Tbk Cyclically Adjusted Book per Share Historical Data

The historical data trend for PT Harum Energy 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 Harum Energy Tbk Cyclically Adjusted Book per Share Chart

PT Harum Energy 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 324.91 338.53 363.74 424.66 498.29

PT Harum Energy 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 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 424.66 441.86 461.26 477.98 498.29

Competitive Comparison of PT Harum Energy Tbk's Cyclically Adjusted Book per Share

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

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

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



PT Harum Energy 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 Harum Energy 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)
=1025.486/129.3947*129.3947
=1,025.486

Current CPI (Dec. 2023) = 129.3947.

PT Harum Energy Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201403 276.656 92.483 387.073
201406 270.624 93.015 376.470
201409 272.375 94.576 372.651
201412 264.351 98.819 346.143
201503 278.400 98.388 366.138
201506 282.031 99.766 365.789
201509 305.150 101.037 390.797
201512 281.013 102.133 356.023
201603 271.736 102.764 342.155
201606 272.859 103.212 342.077
201609 275.751 104.142 342.615
201612 287.089 105.222 353.042
201703 296.931 106.476 360.845
201706 303.584 107.722 364.664
201709 317.831 108.020 380.721
201712 331.938 109.017 393.985
201803 350.164 110.097 411.542
201806 321.020 111.085 373.933
201809 339.048 111.135 394.756
201812 340.822 112.430 392.249
201903 342.984 112.829 393.343
201906 340.508 114.730 384.031
201909 344.941 114.905 388.440
201912 340.283 115.486 381.266
202003 402.579 116.252 448.091
202006 354.573 116.630 393.380
202009 397.103 116.397 441.448
202012 413.069 117.318 455.590
202103 446.697 117.840 490.498
202106 428.034 118.184 468.637
202109 486.782 118.262 532.607
202112 530.509 119.516 574.358
202203 621.482 120.948 664.884
202206 714.913 123.322 750.115
202209 838.257 125.298 865.662
202212 867.495 126.098 890.177
202303 947.952 126.953 966.188
202306 999.410 127.663 1,012.967
202309 981.391 128.151 990.912
202312 1,025.486 129.395 1,025.486

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


PT Harum Energy Tbk  (ISX:HRUM) 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 Harum Energy Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1330.00/498.29
=2.67

* 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 Harum Energy Tbk was 7.27. The lowest was 0.70. And the median was 3.18.


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 Harum Energy Tbk Cyclically Adjusted Book per Share Related Terms

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


PT Harum Energy Tbk (ISX:HRUM) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Jalan Imam Bonjol No. 80, Deutsche Bank Building, 9th Floor, Jakarta Pusat, Jakarta, IDN, 10310
PT Harum Energy Tbk is a holding company primarily engaged in coal mining and logistics business in East Kalimantan, Indonesia. The company's activity is breakdown into various segments which include Coal mining sectors; Rental and service sectors and Other sectors. It serves coal-fired power generating and manufacturing companies. The business of the group is amplifying to the geographical region of South Korea, Taiwan, Malaysia, China, India, Japan, and others of which South Korea accounts for a larger share of the revenue.

PT Harum Energy Tbk (ISX:HRUM) Headlines