GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » PT Bank Ina Perdana Tbk (ISX:BINA) » Definitions » Cyclically Adjusted PB Ratio

PT Bank Ina Perdana Tbk (ISX:BINA) Cyclically Adjusted PB Ratio : 14.87 (As of Jun. 05, 2024)


View and export this data going back to 2014. Start your Free Trial

What is PT Bank Ina Perdana Tbk Cyclically Adjusted PB Ratio?

As of today (2024-06-05), PT Bank Ina Perdana Tbk's current share price is Rp4250.00. PT Bank Ina Perdana Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp285.89. PT Bank Ina Perdana Tbk's Cyclically Adjusted PB Ratio for today is 14.87.

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

ISX:BINA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.98   Med: 13.18   Max: 18.82
Current: 14.66

During the past years, PT Bank Ina Perdana Tbk's highest Cyclically Adjusted PB Ratio was 18.82. The lowest was 1.98. And the median was 13.18.

ISX:BINA's Cyclically Adjusted PB Ratio is ranked worse than
99.24% of 1192 companies
in the Banks industry
Industry Median: 0.92 vs ISX:BINA: 14.66

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 Ina Perdana Tbk's adjusted book value per share data for the three months ended in Mar. 2024 was Rp581.233. 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 Rp285.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Bank Ina Perdana Tbk Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PT Bank Ina Perdana 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 Ina Perdana Tbk Cyclically Adjusted PB Ratio Chart

PT Bank Ina Perdana 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 - 1.98 13.09 14.30 14.95

PT Bank Ina Perdana 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 15.13 16.07 14.84 14.95 14.69

Competitive Comparison of PT Bank Ina Perdana Tbk's Cyclically Adjusted PB Ratio

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

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

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



PT Bank Ina Perdana 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 Ina Perdana Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4250.00/285.89
=14.87

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

For example, PT Bank Ina Perdana 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)
=581.233/130.6070*130.6070
=581.233

Current CPI (Mar. 2024) = 130.6070.

PT Bank Ina Perdana Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 103.425 93.015 145.225
201409 105.359 94.576 145.498
201412 106.394 98.819 140.618
201503 107.340 98.388 142.491
201506 108.155 99.766 141.589
201509 107.715 101.037 139.240
201512 112.504 102.133 143.870
201603 114.604 102.764 145.655
201606 116.868 103.212 147.887
201609 139.843 104.142 175.380
201612 138.701 105.222 172.163
201703 180.346 106.476 221.219
201706 213.838 107.722 259.268
201709 212.766 108.020 257.254
201712 215.116 109.017 257.718
201803 214.944 110.097 254.987
201806 215.000 111.085 252.785
201809 214.323 111.135 251.876
201812 215.807 112.430 250.698
201903 216.467 112.829 250.576
201906 216.670 114.730 246.654
201909 217.088 114.905 246.754
201912 215.956 115.486 244.232
202003 203.292 116.252 228.394
202006 204.812 116.630 229.357
202009 203.620 116.397 228.479
202012 215.257 117.318 239.640
202103 203.566 117.840 225.621
202106 202.963 118.184 224.298
202109 211.723 118.262 233.825
202112 399.804 119.516 436.905
202203 416.137 120.948 449.369
202206 394.745 123.322 418.062
202209 403.996 125.298 421.112
202212 553.821 126.098 573.626
202303 549.596 126.953 565.417
202306 566.360 127.663 579.421
202309 571.221 128.151 582.167
202312 579.677 129.395 585.108
202403 581.233 130.607 581.233

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 Ina Perdana Tbk  (ISX:BINA) 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 Ina Perdana Tbk Cyclically Adjusted PB Ratio Related Terms

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


PT Bank Ina Perdana Tbk (ISX:BINA) Business Description

Traded in Other Exchanges
N/A
Address
Jalan H. R. Rasuna Said Blok X-2 Kav 5, Ariobimo Sentral Building, Jakarta, IDN
PT Bank Ina Perdana Tbk operates as a commercial bank. The company's products and services include current accounts, savings accounts, time deposits, certificates of deposits, commercial credit, and consumer credit.

PT Bank Ina Perdana Tbk (ISX:BINA) Headlines

No Headlines