GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Mustika Ratu Tbk (ISX:MRAT) » Definitions » Cyclically Adjusted Book per Share

PT Mustika Ratu Tbk (ISX:MRAT) Cyclically Adjusted Book per Share : Rp1,010.54 (As of Sep. 2023)


View and export this data going back to 1995. Start your Free Trial

What is PT Mustika Ratu 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 Mustika Ratu Tbk's adjusted book value per share for the three months ended in Sep. 2023 was Rp964.887. 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 Rp1,010.54 for the trailing ten years ended in Sep. 2023.

During the past 12 months, PT Mustika Ratu Tbk's average Cyclically Adjusted Book Growth Rate was -1.40% 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 (2024-05-31), PT Mustika Ratu Tbk's current stock price is Rp404.00. PT Mustika Ratu Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was Rp1,010.54. PT Mustika Ratu Tbk's Cyclically Adjusted PB Ratio of today is 0.40.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Mustika Ratu Tbk was 0.83. The lowest was 0.12. And the median was 0.29.


PT Mustika Ratu Tbk Cyclically Adjusted Book per Share Historical Data

The historical data trend for PT Mustika Ratu 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 Mustika Ratu Tbk Cyclically Adjusted Book per Share Chart

PT Mustika Ratu Tbk Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1,022.65 1,013.89 1,021.42

PT Mustika Ratu Tbk Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1,024.43 1,021.42 1,018.63 1,014.75 1,010.54

Competitive Comparison of PT Mustika Ratu Tbk's Cyclically Adjusted Book per Share

For the Household & Personal Products subindustry, PT Mustika Ratu 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 Mustika Ratu Tbk's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Mustika Ratu Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PT Mustika Ratu 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 Mustika Ratu Tbk's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book= Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=964.887/128.1514*128.1514
=964.887

Current CPI (Sep. 2023) = 128.1514.

PT Mustika Ratu Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201312 868.212 91.196 1,220.035
201403 887.329 92.483 1,229.544
201406 894.421 93.015 1,232.291
201409 907.626 94.576 1,229.842
201412 885.382 98.819 1,148.185
201503 901.922 98.388 1,174.768
201506 908.956 99.766 1,167.571
201509 899.428 101.037 1,140.804
201512 880.874 102.133 1,105.279
201603 885.659 102.764 1,104.458
201606 882.618 103.212 1,095.884
201609 866.390 104.142 1,066.128
201612 862.330 105.222 1,050.245
201703 863.473 106.476 1,039.252
201706 866.031 107.722 1,030.278
201709 869.255 108.020 1,031.252
201712 856.736 109.017 1,007.109
201803 862.091 110.097 1,003.467
201806 862.333 111.085 994.819
201809 863.036 111.135 995.184
201812 859.637 112.430 979.843
201903 853.536 112.829 969.452
201906 863.352 114.730 964.347
201909 862.808 114.905 962.277
201912 861.195 115.486 955.643
202003 862.231 116.252 950.485
202006 864.972 116.630 950.421
202009 861.509 116.397 948.512
202012 799.936 117.318 873.803
202103 804.259 117.840 874.636
202106 805.203 118.184 873.113
202109 801.414 118.262 868.433
202112 801.753 119.516 859.681
202203 802.521 120.948 850.316
202206 780.814 123.322 811.389
202209 761.833 125.298 779.180
202212 961.123 126.098 976.776
202303 963.287 126.953 972.384
202306 965.824 127.663 969.520
202309 964.887 128.151 964.887

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


PT Mustika Ratu Tbk  (ISX:MRAT) 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 Mustika Ratu Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=404.00/1010.54
=0.40

* 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 Mustika Ratu Tbk was 0.83. The lowest was 0.12. And the median was 0.29.


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 Mustika Ratu Tbk Cyclically Adjusted Book per Share Related Terms

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


PT Mustika Ratu Tbk (ISX:MRAT) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Gatot Subroto Kav 74-75, Graha Mustika Ratu, Penthouse Floor, Jakarta, IDN, 12870
PT Mustika Ratu Tbk is a manufacturer of traditional cosmetics and herbal. The scope of the company's activity includes fabrication, trade, and distribution of herbs, cosmetics, and healthy drinks as well as other related business activities. Its segments comprise Manufacturing and Trading and distribution. The company caters to both domestic and international markets. The company provides its products under the brands mustika ratu, mustika puteri, bask, Taman Sari, Java princess, and ratu mas.

PT Mustika Ratu Tbk (ISX:MRAT) Headlines

No Headlines