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PT ABM Investama Tbk (ISX:ABMM) Cyclically Adjusted PB Ratio : 2.06 (As of May. 16, 2024)


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What is PT ABM Investama Tbk Cyclically Adjusted PB Ratio?

As of today (2024-05-16), PT ABM Investama Tbk's current share price is Rp3700.00. PT ABM Investama Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp1,794.40. PT ABM Investama Tbk's Cyclically Adjusted PB Ratio for today is 2.06.

The historical rank and industry rank for PT ABM Investama Tbk's Cyclically Adjusted PB Ratio or its related term are showing as below:

ISX:ABMM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 1.88   Max: 3.41
Current: 2.17

During the past years, PT ABM Investama Tbk's highest Cyclically Adjusted PB Ratio was 3.41. The lowest was 0.53. And the median was 1.88.

ISX:ABMM's Cyclically Adjusted PB Ratio is ranked worse than
64.23% of 137 companies
in the Other Energy Sources industry
Industry Median: 1.61 vs ISX:ABMM: 2.17

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 ABM Investama Tbk's adjusted book value per share data for the three months ended in Mar. 2024 was Rp4,533.982. 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 Rp1,794.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT ABM Investama Tbk Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PT ABM Investama Tbk's Cyclically Adjusted PB Ratio 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 ABM Investama Tbk Cyclically Adjusted PB Ratio Chart

PT ABM Investama Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.57 1.04 2.18 1.97

PT ABM Investama 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 PB Ratio 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 2.04 1.91 2.37 1.97 2.12

Competitive Comparison of PT ABM Investama Tbk's Cyclically Adjusted PB Ratio

For the Thermal Coal subindustry, PT ABM Investama 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 ABM Investama Tbk's Cyclically Adjusted PB Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT ABM Investama Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PT ABM Investama Tbk Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

PT ABM Investama Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3700.00/1794.4
=2.06

* 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.

PT ABM Investama Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, PT ABM Investama 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)
=4533.982/128.8650*128.8650
=4,533.982

Current CPI (Mar. 2024) = 128.8650.

PT ABM Investama Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,428.818 93.015 1,979.520
201409 1,446.302 94.576 1,970.666
201412 934.654 98.819 1,218.831
201503 953.386 98.388 1,248.715
201506 993.596 99.766 1,283.399
201509 1,019.655 101.037 1,300.497
201512 816.320 102.133 1,029.983
201603 830.386 102.764 1,041.297
201606 833.300 103.212 1,040.411
201609 856.465 104.142 1,059.783
201612 853.253 105.222 1,044.977
201703 910.117 106.476 1,101.491
201706 969.470 107.722 1,159.757
201709 894.578 108.020 1,067.204
201712 883.789 109.017 1,044.696
201803 930.728 110.097 1,089.392
201806 1,008.950 111.085 1,170.443
201809 1,122.871 111.135 1,302.015
201812 1,391.684 112.430 1,595.122
201903 1,372.425 112.829 1,567.490
201906 1,355.489 114.730 1,522.486
201909 1,384.071 114.905 1,552.229
201912 1,344.816 115.486 1,500.614
202003 1,542.078 116.252 1,709.385
202006 1,331.458 116.630 1,471.136
202009 1,366.774 116.397 1,513.183
202012 947.472 117.318 1,040.726
202103 1,122.403 117.840 1,227.416
202106 1,273.227 118.184 1,388.297
202109 1,471.489 118.262 1,603.422
202112 1,791.605 119.516 1,931.750
202203 1,965.647 120.948 2,094.311
202206 2,029.689 123.324 2,120.887
202209 2,435.087 125.300 2,504.371
202212 3,144.654 126.099 3,213.630
202303 3,588.055 126.954 3,642.068
202306 3,628.083 127.666 3,662.157
202309 3,956.184 128.155 3,978.117
202312 4,250.033 128.865 4,250.033
202403 4,533.982 128.865 4,533.982

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


PT ABM Investama Tbk  (ISX:ABMM) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


PT ABM Investama Tbk Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of PT ABM Investama Tbk's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


PT ABM Investama Tbk (ISX:ABMM) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Cilandak KKO No. 1, Gedung TMT 1, Suite 1802, 18th Floor, Jakarta, IDN, 12560
PT ABM Investama Tbk is an integrated energy company. Its business portfolio covers the coal, electricity, logistics and services industries. The company is organized into three key business segments: Mining Contractor and Coal Mining segment, Services segment and Manufacturing segment. The Mining Contractor and Coal Mining segment contributes the vast majority of total revenue. The coal mining and mining contractor businesses are run by two subsidiaries, namely CK and Reswara through its subsidiaries, TIA and MDB (Mifa and BEL). Its Services segment consist of power engines rental service, integrated logistics and vessel rental, and site services and remanufacturing.

PT ABM Investama Tbk (ISX:ABMM) Headlines

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