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PT Tower Bersama Infrastructure Tbk (ISX:TBIG) Cyclically Adjusted Book per Share : Rp308.60 (As of Dec. 2024)


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What is PT Tower Bersama Infrastructure 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 Tower Bersama Infrastructure Tbk's adjusted book value per share for the three months ended in Dec. 2024 was Rp442.502. 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 Rp308.60 for the trailing ten years ended in Dec. 2024.

During the past 12 months, PT Tower Bersama Infrastructure Tbk's average Cyclically Adjusted Book Growth Rate was 12.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.60% 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 Tower Bersama Infrastructure Tbk was 17.20% per year. The lowest was 15.60% per year. And the median was 16.40% per year.

As of today (2025-05-29), PT Tower Bersama Infrastructure Tbk's current stock price is Rp2200.00. PT Tower Bersama Infrastructure Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was Rp308.60. PT Tower Bersama Infrastructure Tbk's Cyclically Adjusted PB Ratio of today is 7.13.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Tower Bersama Infrastructure Tbk was 17.78. The lowest was 6.14. And the median was 8.51.


PT Tower Bersama Infrastructure Tbk Cyclically Adjusted Book per Share Historical Data

The historical data trend for PT Tower Bersama Infrastructure 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 Tower Bersama Infrastructure Tbk Cyclically Adjusted Book per Share Chart

PT Tower Bersama Infrastructure Tbk Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 170.96 199.97 241.98 275.19 308.60

PT Tower Bersama Infrastructure Tbk Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 275.19 285.04 292.27 298.02 308.60

Competitive Comparison of PT Tower Bersama Infrastructure Tbk's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, PT Tower Bersama Infrastructure 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 Tower Bersama Infrastructure Tbk's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PT Tower Bersama Infrastructure Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Tower Bersama Infrastructure Tbk's Cyclically Adjusted PB Ratio falls into.


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PT Tower Bersama Infrastructure 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 Tower Bersama Infrastructure Tbk's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=442.502/131.4315*131.4315
=442.502

Current CPI (Dec. 2024) = 131.4315.

PT Tower Bersama Infrastructure Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201503 157.761 98.388 210.746
201506 175.934 99.766 231.775
201509 117.749 101.037 153.172
201512 66.269 102.133 85.279
201603 93.260 102.764 119.276
201606 92.198 103.212 117.406
201609 68.043 104.142 85.873
201612 69.814 105.222 87.204
201703 80.155 106.476 98.942
201706 59.896 107.722 73.079
201709 75.430 108.020 91.778
201712 138.922 109.017 167.485
201803 140.287 110.097 167.472
201806 132.541 111.085 156.818
201809 152.243 111.135 180.048
201812 155.297 112.430 181.544
201903 164.674 112.829 191.825
201906 139.348 114.730 159.633
201909 164.151 114.905 187.761
201912 230.852 115.486 262.727
202003 206.153 116.252 233.071
202006 261.415 116.630 294.592
202009 276.919 116.397 312.689
202012 402.647 117.318 451.086
202103 428.638 117.840 478.077
202106 406.139 118.184 451.664
202109 420.552 118.262 467.385
202112 428.679 119.516 471.417
202203 447.953 120.948 486.780
202206 557.655 123.322 594.324
202209 558.337 125.298 585.666
202212 462.327 126.098 481.883
202303 518.667 126.953 536.966
202306 472.177 127.663 486.116
202309 470.387 128.151 482.427
202312 517.486 129.395 525.632
202403 529.723 130.607 533.067
202406 497.815 130.792 500.251
202409 514.498 130.361 518.723
202412 442.502 131.432 442.502

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


PT Tower Bersama Infrastructure Tbk  (ISX:TBIG) 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 Tower Bersama Infrastructure Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2200.00/308.60
=7.13

* 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 Tower Bersama Infrastructure Tbk was 17.78. The lowest was 6.14. And the median was 8.51.


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 Tower Bersama Infrastructure Tbk Cyclically Adjusted Book per Share Related Terms

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


PT Tower Bersama Infrastructure Tbk Business Description

Traded in Other Exchanges
Address
Jl. H.R Rasuna Said, Kawasan Rasuna Epicentrum, Jakarta Selatan, The Convergence Indonesia 11th Floor, Jakarta, IDN, 12940
PT Tower Bersama Infrastructure Tbk is a provider of coverage solutions. The firm's primary business is leasing space for antennas and other equipment for wireless signal transmission to telecommunication operators. The Company also provides telecommunications operators with access to its Distributed Antennae System networks in shopping malls and office buildings. A majority of the firm's revenue is generated in Indonesia. The company's operating segment includes Tower, Repeater, Building, and Fiber Optic. The company generates the majority of its revenue from the Tower segment.

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