GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » PT Multi Bintang Indonesia Tbk (ISX:MLBI) » Definitions » Cyclically Adjusted Book per Share

PT Multi Bintang Indonesia Tbk (ISX:MLBI) Cyclically Adjusted Book per Share : Rp522.45 (As of Jun. 2024)


View and export this data going back to 1994. Start your Free Trial

What is PT Multi Bintang 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 Multi Bintang Indonesia Tbk's adjusted book value per share for the three months ended in Jun. 2024 was Rp474.842. 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 Rp522.45 for the trailing ten years ended in Jun. 2024.

During the past 12 months, PT Multi Bintang Indonesia Tbk's average Cyclically Adjusted Book Growth Rate was 5.30% 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 (2024-09-22), PT Multi Bintang Indonesia Tbk's current stock price is Rp5900.00. PT Multi Bintang Indonesia Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was Rp522.45. PT Multi Bintang Indonesia Tbk's Cyclically Adjusted PB Ratio of today is 11.29.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Multi Bintang Indonesia Tbk was 24.05. The lowest was 11.29. And the median was 18.10.


PT Multi Bintang Indonesia Tbk Cyclically Adjusted Book per Share Historical Data

The historical data trend for PT Multi Bintang 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 Multi Bintang Indonesia Tbk Cyclically Adjusted Book per Share Chart

PT Multi Bintang Indonesia 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 - - 436.61 484.85 511.84

PT Multi Bintang Indonesia Tbk Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 495.97 503.02 511.84 515.93 522.45

Competitive Comparison of PT Multi Bintang Indonesia Tbk's Cyclically Adjusted Book per Share

For the Beverages - Brewers subindustry, PT Multi Bintang 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 Multi Bintang Indonesia Tbk's Cyclically Adjusted PB Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, PT Multi Bintang Indonesia Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PT Multi Bintang 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 Multi Bintang Indonesia Tbk's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=474.842/130.7916*130.7916
=474.842

Current CPI (Jun. 2024) = 130.7916.

PT Multi Bintang Indonesia Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201409 245.392 94.576 339.359
201412 262.748 98.819 347.758
201503 313.688 98.388 417.001
201506 209.973 99.766 275.271
201509 292.485 101.037 378.621
201512 363.678 102.133 465.727
201603 479.766 102.764 610.617
201606 231.357 103.212 293.178
201609 247.026 104.142 310.238
201612 389.428 105.222 484.062
201703 532.592 106.476 654.219
201706 324.461 107.722 393.949
201709 454.793 108.020 550.665
201712 505.208 109.017 606.117
201803 606.062 110.097 719.985
201806 238.340 111.085 280.623
201809 397.453 111.135 467.753
201812 553.942 112.430 644.410
201903 667.611 112.829 773.899
201906 248.424 114.730 283.202
201909 377.691 114.905 429.912
201912 543.679 115.486 615.734
202003 609.495 116.252 685.723
202006 573.056 116.630 642.639
202009 615.764 116.397 691.917
202012 680.104 117.318 758.211
202103 750.718 117.840 833.230
202106 338.765 118.184 374.904
202109 400.828 118.262 443.296
202112 521.429 119.516 570.622
202203 617.458 120.948 667.710
202206 300.096 123.322 318.272
202209 400.885 125.298 418.460
202212 509.092 126.098 528.043
202303 605.864 126.953 624.186
202306 481.337 127.663 493.133
202309 592.876 128.151 605.091
202312 660.031 129.395 667.156
202403 757.234 130.607 758.304
202406 474.842 130.792 474.842

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


PT Multi Bintang Indonesia Tbk  (ISX:MLBI) 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 Multi Bintang Indonesia Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5900.00/522.45
=11.29

* 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 Multi Bintang Indonesia Tbk was 24.05. The lowest was 11.29. And the median was 18.10.


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 Multi Bintang Indonesia Tbk Cyclically Adjusted Book per Share Related Terms

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


PT Multi Bintang Indonesia Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Let. Jend TB Simatupang Kavling 22 - 26, 20th Floor, Talavera Office Park Building, Jakarta, IDN, 12430
PT Multi Bintang Indonesia Tbk is a beverage company. The firm is involved in the production, distribution, and sale of beer, including low-alcohol and alcohol-free beer products, cider and carbonated soft drinks. Its brands include Heineken, Bintang, Bintang Radler, Bintang Zero, and Greensands. The firm has a Beverage business segment and operates mainly in Indonesia.

PT Multi Bintang Indonesia Tbk Headlines

No Headlines