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PT Atlas Resources Tbk (ISX:ARII) Cyclically Adjusted PB Ratio : 0.86 (As of Jun. 08, 2024)


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What is PT Atlas Resources Tbk Cyclically Adjusted PB Ratio?

As of today (2024-06-08), PT Atlas Resources Tbk's current share price is Rp286.00. PT Atlas Resources Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp333.45. PT Atlas Resources Tbk's Cyclically Adjusted PB Ratio for today is 0.86.

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

ISX:ARII' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.68   Max: 1.25
Current: 0.87

During the past years, PT Atlas Resources Tbk's highest Cyclically Adjusted PB Ratio was 1.25. The lowest was 0.40. And the median was 0.68.

ISX:ARII's Cyclically Adjusted PB Ratio is ranked better than
68.57% of 140 companies
in the Other Energy Sources industry
Industry Median: 1.58 vs ISX:ARII: 0.87

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 Atlas Resources Tbk's adjusted book value per share data for the three months ended in Mar. 2024 was Rp284.762. 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 Rp333.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Atlas Resources Tbk Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PT Atlas Resources 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 Atlas Resources Tbk Cyclically Adjusted PB Ratio Chart

PT Atlas Resources 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 - - 0.67 0.79 0.64

PT Atlas Resources 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 0.63 0.42 0.88 0.64 0.81

Competitive Comparison of PT Atlas Resources Tbk's Cyclically Adjusted PB Ratio

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

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

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



PT Atlas Resources 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 Atlas Resources Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=286.00/333.45
=0.86

* 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 Atlas Resources Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, PT Atlas Resources 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)
=284.762/130.6070*130.6070
=284.762

Current CPI (Mar. 2024) = 130.6070.

PT Atlas Resources Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 496.330 93.015 696.923
201409 478.950 94.576 661.418
201412 465.119 98.819 614.736
201503 465.411 98.388 617.821
201506 451.115 99.766 590.569
201509 465.301 101.037 601.481
201512 402.745 102.133 515.029
201603 370.577 102.764 470.982
201606 353.044 103.212 446.749
201609 333.698 104.142 418.497
201612 281.628 105.222 349.572
201703 274.799 106.476 337.078
201706 267.126 107.722 323.877
201709 257.355 108.020 311.167
201712 214.903 109.017 257.463
201803 205.739 110.097 244.067
201806 212.406 111.085 249.735
201809 211.171 111.135 248.171
201812 76.214 112.430 88.536
201903 270.522 112.829 313.148
201906 306.789 114.730 349.244
201909 213.881 114.905 243.109
201912 208.626 115.486 235.942
202003 208.712 116.252 234.484
202006 201.353 116.630 225.484
202009 176.480 116.397 198.026
202012 141.558 117.318 157.593
202103 127.442 117.840 141.250
202106 154.544 118.184 170.789
202109 166.713 118.262 184.116
202112 180.438 119.516 197.182
202203 194.108 120.948 209.609
202206 263.091 123.322 278.632
202209 323.422 125.298 337.125
202212 307.367 126.098 318.359
202303 294.357 126.953 302.830
202306 301.348 127.663 308.298
202309 298.211 128.151 303.925
202312 297.303 129.395 300.088
202403 284.762 130.607 284.762

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 Atlas Resources Tbk  (ISX:ARII) 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 Atlas Resources Tbk Cyclically Adjusted PB Ratio Related Terms

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


PT Atlas Resources Tbk (ISX:ARII) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Jenderal Sudirman Kav. 45 - 46, Sampoerna Strategic Square, South Tower, 18th Floor, South Jakarta, Jakarta, IDN, 12930
PT Atlas Resources Tbk is an Indonesia-based company engaged in the production of coal. The business activity of the firm primarily functions through the sales of coal segment. Its activities include coal mining, trading, and transportation; and other activities related to coal mining operations such as rental of equipment and vehicles. Geographically the group has its presence in the region of Japan, China, Korea, Thailand, Europe, India, and Indonesia. The company generates maximum revenue from the coal segment.