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PTrana Menara Nusantara Tbk (ISX:TOWR) Cyclically Adjusted Book per Share : Rp229.90 (As of Sep. 2024)


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What is PTrana Menara Nusantara 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.

PTrana Menara Nusantara Tbk's adjusted book value per share for the three months ended in Sep. 2024 was Rp363.304. 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 Rp229.90 for the trailing ten years ended in Sep. 2024.

During the past 12 months, PTrana Menara Nusantara Tbk's average Cyclically Adjusted Book Growth Rate was 13.20% 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 (2024-12-15), PTrana Menara Nusantara Tbk's current stock price is Rp690.00. PTrana Menara Nusantara Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was Rp229.90. PTrana Menara Nusantara Tbk's Cyclically Adjusted PB Ratio of today is 3.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PTrana Menara Nusantara Tbk was 9.85. The lowest was 3.00. And the median was 5.82.


PTrana Menara Nusantara Tbk Cyclically Adjusted Book per Share Historical Data

The historical data trend for PTrana Menara Nusantara 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.

PTrana Menara Nusantara Tbk Cyclically Adjusted Book per Share Chart

PTrana Menara Nusantara 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 - - 160.96 182.21 210.79

PTrana Menara Nusantara Tbk Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 203.13 210.79 218.60 224.61 229.90

Competitive Comparison of PTrana Menara Nusantara Tbk's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, PTrana Menara Nusantara 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.


PTrana Menara Nusantara Tbk's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PTrana Menara Nusantara Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PTrana Menara Nusantara Tbk's Cyclically Adjusted PB Ratio falls into.



PTrana Menara Nusantara 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, PTrana Menara Nusantara Tbk's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=363.304/130.3609*130.3609
=363.304

Current CPI (Sep. 2024) = 130.3609.

PTrana Menara Nusantara Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201412 92.595 98.819 122.150
201503 94.177 98.388 124.782
201506 101.168 99.766 132.193
201509 100.923 101.037 130.214
201512 75.215 102.133 96.003
201603 161.102 102.764 204.366
201606 176.463 103.212 222.879
201609 194.856 104.142 243.912
201612 116.826 105.222 144.737
201703 223.237 106.476 273.314
201706 222.077 107.722 268.750
201709 234.049 108.020 282.454
201712 139.210 109.017 166.465
201803 148.809 110.097 176.199
201806 143.243 111.085 168.100
201809 155.262 111.135 182.123
201812 158.222 112.430 183.456
201903 166.300 112.829 192.141
201906 153.658 114.730 174.592
201909 165.228 114.905 187.454
201912 173.777 115.486 196.160
202003 185.423 116.252 207.926
202006 183.660 116.630 205.283
202009 193.279 116.397 216.467
202012 203.333 117.318 225.938
202103 217.998 117.840 241.161
202106 212.436 118.184 234.324
202109 229.724 118.262 253.227
202112 241.592 119.516 263.514
202203 258.820 120.948 278.962
202206 259.020 123.322 273.803
202209 279.017 125.298 290.290
202212 289.174 126.098 298.951
202303 304.998 126.953 313.187
202306 302.855 127.663 309.255
202309 320.531 128.151 326.057
202312 330.456 129.395 332.924
202403 346.484 130.607 345.831
202406 344.143 130.792 343.010
202409 363.304 130.361 363.304

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


PTrana Menara Nusantara Tbk  (ISX:TOWR) 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.

PTrana Menara Nusantara Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=690.00/229.9
=3.00

* 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 PTrana Menara Nusantara Tbk was 9.85. The lowest was 3.00. And the median was 5.82.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


PTrana Menara Nusantara Tbk Cyclically Adjusted Book per Share Related Terms

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


PTrana Menara Nusantara Tbk Business Description

Traded in Other Exchanges
Address
Jalan Jenderal Ahmad Yani No. 19A, Kudus, IDN
PT Sarana Menara Nusantara Tbk is an investment company. The company invests in companies that are engaged in leasing space, owning and operating telecommunication towers for wireless operators in Indonesia under long-term lease agreements. The business segments of the company include Tower lease and Other services (VSAT service, and Wireline). The majority of the company's revenue is generated from the Tower Lease segment.