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PT Bank Danamon Indonesia Tbk (ISX:BDMN) Cyclically Adjusted PB Ratio : 0.53 (As of May. 31, 2024)


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What is PT Bank Danamon Indonesia Tbk Cyclically Adjusted PB Ratio?

As of today (2024-05-31), PT Bank Danamon Indonesia Tbk's current share price is Rp2570.00. PT Bank Danamon Indonesia Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp4,837.31. PT Bank Danamon Indonesia Tbk's Cyclically Adjusted PB Ratio for today is 0.53.

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

ISX:BDMN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.61   Max: 2.55
Current: 0.55

During the past years, PT Bank Danamon Indonesia Tbk's highest Cyclically Adjusted PB Ratio was 2.55. The lowest was 0.44. And the median was 0.61.

ISX:BDMN's Cyclically Adjusted PB Ratio is ranked better than
79.1% of 1196 companies
in the Banks industry
Industry Median: 0.91 vs ISX:BDMN: 0.55

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 Bank Danamon Indonesia Tbk's adjusted book value per share data for the three months ended in Mar. 2024 was Rp4,995.517. 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 Rp4,837.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Bank Danamon Indonesia Tbk Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PT Bank Danamon Indonesia 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 Bank Danamon Indonesia Tbk Cyclically Adjusted PB Ratio Chart

PT Bank Danamon Indonesia 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 0.98 0.74 0.54 0.59 0.58

PT Bank Danamon Indonesia 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 0.62 0.62 0.60 0.58 0.62

Competitive Comparison of PT Bank Danamon Indonesia Tbk's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, PT Bank Danamon Indonesia 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 Bank Danamon Indonesia Tbk's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, PT Bank Danamon Indonesia Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Bank Danamon Indonesia Tbk's Cyclically Adjusted PB Ratio falls into.



PT Bank Danamon Indonesia 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 Bank Danamon Indonesia Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2570.00/4837.31
=0.53

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

For example, PT Bank Danamon Indonesia 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)
=4995.517/130.6070*130.6070
=4,995.517

Current CPI (Mar. 2024) = 130.6070.

PT Bank Danamon Indonesia Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 3,292.603 93.015 4,623.318
201409 3,349.181 94.576 4,625.132
201412 3,381.331 98.819 4,469.016
201503 3,495.734 98.388 4,640.497
201506 3,448.815 99.766 4,514.954
201509 3,512.722 101.037 4,540.791
201512 3,540.262 102.133 4,527.272
201603 3,637.711 102.764 4,623.321
201606 3,653.540 103.212 4,623.266
201609 3,740.252 104.142 4,690.722
201612 3,750.067 105.222 4,654.782
201703 3,865.604 106.476 4,741.683
201706 3,869.337 107.722 4,691.380
201709 3,968.065 108.020 4,797.770
201712 4,033.566 109.017 4,832.388
201803 3,999.736 110.097 4,744.869
201806 4,085.169 111.085 4,803.107
201809 4,189.374 111.135 4,923.418
201812 4,310.084 112.430 5,006.917
201903 4,271.021 112.829 4,944.010
201906 4,360.852 114.730 4,964.323
201909 4,444.646 114.905 5,052.033
201912 4,597.835 115.486 5,199.851
202003 4,383.865 116.252 4,925.180
202006 4,370.092 116.630 4,893.814
202009 4,453.917 116.397 4,997.678
202012 4,410.661 117.318 4,910.267
202103 4,448.842 117.840 4,930.846
202106 4,479.398 118.184 4,950.257
202109 4,528.509 118.262 5,001.239
202112 4,568.319 119.516 4,992.252
202203 4,565.697 120.948 4,930.309
202206 4,629.727 123.322 4,903.203
202209 4,693.106 125.298 4,891.942
202212 4,792.906 126.098 4,964.302
202303 4,759.054 126.953 4,896.050
202306 4,842.786 127.663 4,954.468
202309 4,940.744 128.151 5,035.417
202312 5,037.741 129.395 5,084.940
202403 4,995.517 130.607 4,995.517

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 Bank Danamon Indonesia Tbk  (ISX:BDMN) 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 Bank Danamon Indonesia Tbk Cyclically Adjusted PB Ratio Related Terms

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PT Bank Danamon Indonesia Tbk (ISX:BDMN) Business Description

Traded in Other Exchanges
Address
Menara Bank Danamon, Jalan HR. Rasuna Said, Blok C No. 10, 17th Floor, Kel. Karet, Kec. Setiabudi, Jakarta Selatan, Jakarta, IDN, 12920
PT Bank Danamon Indonesia Tbk is an Indonesia-based company that is principally engaged in providing banking services. The company's core business segments consist of the retail business segment, which includes micro banking, retail banking, a credit card business, insurance, consumer financing, and syariah banking, and the wholesale business segment, which provides commercial and corporate customers with products such as cash management, trade finance, financial supply chain, loans, and foreign exchange transactions. It generates maximum revenue from the retail business segment.

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