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PT Minna Padi Investama Sekuritas Tbk (ISX:PADI) Cyclically Adjusted Book per Share : Rp37.54 (As of Jun. 2024)


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What is PT Minna Padi Investama Sekuritas 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 Minna Padi Investama Sekuritas Tbk's adjusted book value per share for the three months ended in Jun. 2024 was Rp11.849. 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 Rp37.54 for the trailing ten years ended in Jun. 2024.

During the past 12 months, PT Minna Padi Investama Sekuritas Tbk's average Cyclically Adjusted Book Growth Rate was -7.50% 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 Minna Padi Investama Sekuritas Tbk's current stock price is Rp9.00. PT Minna Padi Investama Sekuritas Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was Rp37.54. PT Minna Padi Investama Sekuritas Tbk's Cyclically Adjusted PB Ratio of today is 0.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Minna Padi Investama Sekuritas Tbk was 1.22. The lowest was 0.12. And the median was 0.45.


PT Minna Padi Investama Sekuritas Tbk Cyclically Adjusted Book per Share Historical Data

The historical data trend for PT Minna Padi Investama Sekuritas 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 Minna Padi Investama Sekuritas Tbk Cyclically Adjusted Book per Share Chart

PT Minna Padi Investama Sekuritas 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 - - - 41.45 39.46

PT Minna Padi Investama Sekuritas 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 40.59 40.11 39.46 38.67 37.54

Competitive Comparison of PT Minna Padi Investama Sekuritas Tbk's Cyclically Adjusted Book per Share

For the Asset Management subindustry, PT Minna Padi Investama Sekuritas 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 Minna Padi Investama Sekuritas Tbk's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, PT Minna Padi Investama Sekuritas Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Minna Padi Investama Sekuritas Tbk's Cyclically Adjusted PB Ratio falls into.



PT Minna Padi Investama Sekuritas 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 Minna Padi Investama Sekuritas 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)
=11.849/130.7916*130.7916
=11.849

Current CPI (Jun. 2024) = 130.7916.

PT Minna Padi Investama Sekuritas Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201409 43.875 94.576 60.676
201412 39.828 98.819 52.714
201503 39.154 98.388 52.049
201506 39.844 99.766 52.235
201509 39.434 101.037 51.047
201512 39.722 102.133 50.868
201603 39.005 102.764 49.643
201606 39.925 103.212 50.593
201609 39.597 104.142 49.730
201612 39.406 105.222 48.982
201703 0.000 106.476 0.000
201706 41.141 107.722 49.952
201709 41.422 108.020 50.154
201712 42.907 109.017 51.477
201803 42.835 110.097 50.887
201806 45.955 111.085 54.108
201809 48.959 111.135 57.619
201812 46.348 112.430 53.917
201903 44.849 112.829 51.989
201906 46.683 114.730 53.218
201909 48.353 114.905 55.038
201912 33.844 115.486 38.329
202003 25.150 116.252 28.295
202006 25.098 116.630 28.146
202009 24.644 116.397 27.692
202012 26.074 117.318 29.068
202103 22.257 117.840 24.703
202106 21.671 118.184 23.983
202109 21.828 118.262 24.141
202112 21.399 119.516 23.418
202203 20.071 120.948 21.704
202206 19.826 123.322 21.027
202209 19.465 125.298 20.318
202212 17.050 126.098 17.685
202303 16.280 126.953 16.772
202306 15.359 127.663 15.735
202309 15.799 128.151 16.124
202312 14.662 129.395 14.820
202403 13.435 130.607 13.454
202406 11.849 130.792 11.849

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


PT Minna Padi Investama Sekuritas Tbk  (ISX:PADI) 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 Minna Padi Investama Sekuritas Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.00/37.54
=0.24

* 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 Minna Padi Investama Sekuritas Tbk was 1.22. The lowest was 0.12. And the median was 0.45.


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 Minna Padi Investama Sekuritas Tbk Cyclically Adjusted Book per Share Related Terms

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


PT Minna Padi Investama Sekuritas Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jl. Jend. Sudirman Kav. 52-53, Equity Tower 11th floor, SCBD Lot 9, South Jakarta, IDN, 12190
PT Minna Padi Investama Sekuritas Tbk is engaged in managing public funds with the of obtaining optimal investment returns. In managing public funds, the company offers a variety of quality products and services, such as Mutual Funds, which are investment instruments intended not only for large capital owners but also accessible to the general public. It also provides Brokerage and Underwriting services.

PT Minna Padi Investama Sekuritas Tbk Headlines

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