GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » PT Tower Bersama Infrastructure Tbk (OTCPK:PTFRF) » Definitions » Cyclically Adjusted Book per Share

PT Tower Bersama Infrastructure Tbk (PT Tower Bersama Infrastructure Tbk) Cyclically Adjusted Book per Share : $0.07 (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

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 Mar. 2024 was $0.034. 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 $0.07 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Tower Bersama Infrastructure Tbk's average Cyclically Adjusted Book Growth Rate was 12.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.00% 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 17.00% per year. The lowest was 17.00% per year. And the median was 17.00% per year.

As of today (2024-05-25), PT Tower Bersama Infrastructure Tbk's current stock price is $0.44. PT Tower Bersama Infrastructure Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.07. PT Tower Bersama Infrastructure Tbk's Cyclically Adjusted PB Ratio of today is 6.29.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Tower Bersama Infrastructure Tbk was 17.78. The lowest was 6.22. And the median was 9.78.


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 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 - 0.05 - - 0.06

PT Tower Bersama Infrastructure 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 0.05 0.06 0.06 0.06 0.07

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.



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 Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.034/130.6070*130.6070
=0.034

Current CPI (Mar. 2024) = 130.6070.

PT Tower Bersama Infrastructure Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.013 93.015 0.018
201409 0.015 94.576 0.021
201412 0.007 98.819 0.009
201503 0.012 98.388 0.016
201506 0.013 99.766 0.017
201509 0.008 101.037 0.010
201512 0.005 102.133 0.006
201603 0.007 102.764 0.009
201606 0.007 103.212 0.009
201609 0.005 104.142 0.006
201612 0.005 105.222 0.006
201703 0.006 106.476 0.007
201706 0.004 107.722 0.005
201709 0.006 108.020 0.007
201712 0.010 109.017 0.012
201803 0.010 110.097 0.012
201806 0.009 111.085 0.011
201809 0.010 111.135 0.012
201812 0.011 112.430 0.013
201903 0.012 112.829 0.014
201906 0.010 114.730 0.011
201909 0.012 114.905 0.014
201912 0.017 115.486 0.019
202003 0.013 116.252 0.015
202006 0.018 116.630 0.020
202009 0.019 116.397 0.021
202012 0.029 117.318 0.032
202103 0.029 117.840 0.032
202106 0.028 118.184 0.031
202109 0.029 118.262 0.032
202112 0.030 119.516 0.033
202203 0.031 120.948 0.033
202206 0.039 123.322 0.041
202209 0.038 125.298 0.040
202212 0.030 126.098 0.031
202303 0.034 126.953 0.035
202306 0.031 127.663 0.032
202309 0.030 128.151 0.031
202312 0.034 129.395 0.034
202403 0.034 130.607 0.034

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  (OTCPK:PTFRF) 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
=0.44/0.07
=6.29

* 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 6.22. And the median was 9.78.


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 (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. PT Tower Bersama's other services include network planning, land acquisition and site licensing, infrastructure design and construction, network installation and project management, network expansion rollouts, and ongoing servicing. The Company also provides telecommunications operators with access to its Distributed Antennae System networks in shopping malls and office buildings in urban areas. A majority of the firm's revenue is generated in Indonesia.

PT Tower Bersama Infrastructure Tbk (PT Tower Bersama Infrastructure Tbk) Headlines

From GuruFocus

David Herro's Oakmark International Small Cap Fund 3rd-Quarter Commentary

By Sydnee Gatewood Sydnee Gatewood 10-07-2019