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PT Bank OCBC Nisp Tbk (ISX:NISP) Cyclically Adjusted Book per Share : Rp1,263.85 (As of Mar. 2024)


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What is PT Bank OCBC Nisp 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 OCBC Nisp Tbk's adjusted book value per share for the three months ended in Mar. 2024 was Rp1,605.577. 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 Rp1,263.85 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Bank OCBC Nisp Tbk's average Cyclically Adjusted Book Growth Rate was 9.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.10% 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 OCBC Nisp Tbk was 10.10% per year. The lowest was 10.10% per year. And the median was 10.10% per year.

As of today (2024-06-25), PT Bank OCBC Nisp Tbk's current stock price is Rp1225.00. PT Bank OCBC Nisp Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp1,263.85. PT Bank OCBC Nisp Tbk's Cyclically Adjusted PB Ratio of today is 0.97.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Bank OCBC Nisp Tbk was 1.15. The lowest was 0.58. And the median was 0.82.


PT Bank OCBC Nisp Tbk Cyclically Adjusted Book per Share Historical Data

The historical data trend for PT Bank OCBC Nisp 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 OCBC Nisp Tbk Cyclically Adjusted Book per Share Chart

PT Bank OCBC Nisp 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 - 925.32 1,023.61 1,126.77 1,233.51

PT Bank OCBC Nisp 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 1,153.26 1,178.27 1,202.11 1,233.51 1,263.85

Competitive Comparison of PT Bank OCBC Nisp Tbk's Cyclically Adjusted Book per Share

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

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

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



PT Bank OCBC Nisp 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 OCBC Nisp 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)
=1605.577/130.6070*130.6070
=1,605.577

Current CPI (Mar. 2024) = 130.6070.

PT Bank OCBC Nisp Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 617.766 93.015 867.438
201409 630.758 94.576 871.060
201412 651.260 98.819 860.753
201503 668.131 98.388 886.927
201506 683.302 99.766 894.533
201509 692.829 101.037 895.599
201512 715.238 102.133 914.643
201603 737.746 102.764 937.633
201606 813.881 103.212 1,029.902
201609 836.034 104.142 1,048.486
201612 850.134 105.222 1,055.231
201703 878.639 106.476 1,077.769
201706 901.945 107.722 1,093.564
201709 929.720 108.020 1,124.120
201712 949.404 109.017 1,137.427
201803 975.936 110.097 1,157.749
201806 994.131 111.085 1,168.842
201809 1,025.502 111.135 1,205.186
201812 1,064.630 112.430 1,236.754
201903 1,104.804 112.829 1,278.889
201906 1,141.540 114.730 1,299.511
201909 1,172.691 114.905 1,332.946
201912 1,205.681 115.486 1,363.546
202003 1,217.869 116.252 1,368.250
202006 1,264.656 116.630 1,416.215
202009 1,288.019 116.397 1,445.268
202012 1,300.014 117.318 1,447.270
202103 1,316.171 117.840 1,458.770
202106 1,363.351 118.184 1,506.662
202109 1,386.693 118.262 1,531.449
202112 1,408.889 119.516 1,539.632
202203 1,419.130 120.948 1,532.460
202206 1,428.889 123.322 1,513.293
202209 1,445.983 125.298 1,507.246
202212 1,490.971 126.098 1,544.289
202303 1,541.011 126.953 1,585.371
202306 1,538.285 127.663 1,573.760
202309 1,568.024 128.151 1,598.070
202312 1,626.472 129.395 1,641.710
202403 1,605.577 130.607 1,605.577

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


PT Bank OCBC Nisp Tbk  (ISX:NISP) 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 OCBC Nisp Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1225.00/1263.85
=0.97

* 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 OCBC Nisp Tbk was 1.15. The lowest was 0.58. And the median was 0.82.


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 OCBC Nisp Tbk Cyclically Adjusted Book per Share Related Terms

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


PT Bank OCBC Nisp Tbk (ISX:NISP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Jalan Prof. Dr. Satrio Kav. 25, OCBC NISP Tower, 8th Floor, Jakarta, IDN, 12940
PT Bank OCBC Nisp Tbk is an Indonesia-based company primarily engaged in the banking sector. Its segments include business banking, consumer banking, treasury, and others. The company generates maximum revenue from business banking segment. Its Business banking segment includes loans, deposits and other transactions and balances with corporate customers.

PT Bank OCBC Nisp Tbk (ISX:NISP) Headlines

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