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PT Lippo Cikarang Tbk (ISX:LPCK) Cyclically Adjusted Book per Share : Rp5,867.88 (As of Mar. 2024)


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What is PT Lippo Cikarang 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 Lippo Cikarang Tbk's adjusted book value per share for the three months ended in Mar. 2024 was Rp2,561.096. 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 Rp5,867.88 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Lippo Cikarang Tbk's average Cyclically Adjusted Book Growth Rate was 1.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.90% 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 Lippo Cikarang Tbk was 3.60% per year. The lowest was 1.90% per year. And the median was 2.75% per year.

As of today (2024-06-10), PT Lippo Cikarang Tbk's current stock price is Rp590.00. PT Lippo Cikarang Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp5,867.88. PT Lippo Cikarang Tbk's Cyclically Adjusted PB Ratio of today is 0.10.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Lippo Cikarang Tbk was 0.28. The lowest was 0.08. And the median was 0.17.


PT Lippo Cikarang Tbk Cyclically Adjusted Book per Share Historical Data

The historical data trend for PT Lippo Cikarang 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 Lippo Cikarang Tbk Cyclically Adjusted Book per Share Chart

PT Lippo Cikarang 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 5,180.91 5,527.30 5,518.64 5,762.34 5,848.74

PT Lippo Cikarang 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 5,794.22 5,813.06 5,817.77 5,848.74 5,867.88

Competitive Comparison of PT Lippo Cikarang Tbk's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, PT Lippo Cikarang 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 Lippo Cikarang Tbk's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Lippo Cikarang Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PT Lippo Cikarang 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 Lippo Cikarang 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)
=2561.096/130.6070*130.6070
=2,561.096

Current CPI (Mar. 2024) = 130.6070.

PT Lippo Cikarang Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 3,066.127 93.015 4,305.311
201409 3,447.935 94.576 4,761.509
201412 3,683.291 98.819 4,868.109
201503 4,053.486 98.388 5,380.898
201506 4,375.512 99.766 5,728.123
201509 4,612.499 101.037 5,962.440
201512 4,959.866 102.133 6,342.656
201603 5,281.667 102.764 6,712.695
201606 5,488.998 103.212 6,945.893
201609 5,637.296 104.142 7,069.842
201612 5,756.508 105.222 7,145.283
201703 6,051.646 106.476 7,423.157
201706 6,153.077 107.722 7,460.302
201709 9,786.496 108.020 11,832.810
201712 10,548.892 109.017 12,638.033
201803 10,646.510 110.097 12,629.909
201806 10,142.710 111.085 11,925.215
201809 10,146.777 111.135 11,924.651
201812 10,066.767 112.430 11,694.311
201903 9,380.210 112.829 10,858.259
201906 10,891.668 114.730 12,398.898
201909 3,963.362 114.905 4,504.979
201912 3,944.750 115.486 4,461.254
202003 4,014.688 116.252 4,510.417
202006 3,871.233 116.630 4,335.171
202009 3,956.664 116.397 4,439.717
202012 2,366.613 117.318 2,634.685
202103 2,393.417 117.840 2,652.729
202106 2,451.746 118.184 2,709.465
202109 2,430.573 118.262 2,684.300
202112 2,379.342 119.516 2,600.141
202203 2,404.364 120.948 2,596.374
202206 2,452.369 123.322 2,597.229
202209 2,469.977 125.298 2,574.624
202212 2,492.906 126.098 2,582.053
202303 2,477.102 126.953 2,548.409
202306 2,508.720 127.663 2,566.575
202309 2,524.967 128.151 2,573.350
202312 2,550.400 129.395 2,574.295
202403 2,561.096 130.607 2,561.096

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


PT Lippo Cikarang Tbk  (ISX:LPCK) 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 Lippo Cikarang Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=590.00/5867.88
=0.10

* 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 Lippo Cikarang Tbk was 0.28. The lowest was 0.08. And the median was 0.17.


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 Lippo Cikarang Tbk Cyclically Adjusted Book per Share Related Terms

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


PT Lippo Cikarang Tbk (ISX:LPCK) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Jalan Gunung Panderman Kavling 05, Easton Commercial Centre, Lippo Cikarang, Bekasi, IDN, 17550
PT Lippo Cikarang Tbk is a real estate company. The company is engaged in the development of real estate and industrial estate, development of infrastructure and public facilities, and providing support services. The company's segments include Residential, Industrial, Commercial, and Town management. The company offers a variety of commercial areas, ranging from ready-to-build business areas to shophouses and shopping centers and constantly paying attention to opportunities and creating diversity to facilitate stakeholder interests.

PT Lippo Cikarang Tbk (ISX:LPCK) Headlines

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