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PT Indofood Sukses Makmur Tbk (ISX:INDF) Cyclically Adjusted PB Ratio : 1.23 (As of May. 25, 2024)


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What is PT Indofood Sukses Makmur Tbk Cyclically Adjusted PB Ratio?

As of today (2024-05-25), PT Indofood Sukses Makmur Tbk's current share price is Rp6150.00. PT Indofood Sukses Makmur Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp4,981.59. PT Indofood Sukses Makmur Tbk's Cyclically Adjusted PB Ratio for today is 1.23.

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

ISX:INDF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.23   Med: 1.89   Max: 3.76
Current: 1.23

During the past years, PT Indofood Sukses Makmur Tbk's highest Cyclically Adjusted PB Ratio was 3.76. The lowest was 1.23. And the median was 1.89.

ISX:INDF's Cyclically Adjusted PB Ratio is ranked better than
53.94% of 1281 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs ISX:INDF: 1.23

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 Indofood Sukses Makmur Tbk's adjusted book value per share data for the three months ended in Mar. 2024 was Rp7,045.393. 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 Rp4,981.59 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Indofood Sukses Makmur Tbk Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PT Indofood Sukses Makmur 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 Indofood Sukses Makmur Tbk Cyclically Adjusted PB Ratio Chart

PT Indofood Sukses Makmur 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 2.34 1.86 1.59 1.51 1.33

PT Indofood Sukses Makmur 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 1.36 1.58 1.40 1.33 1.28

Competitive Comparison of PT Indofood Sukses Makmur Tbk's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, PT Indofood Sukses Makmur 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 Indofood Sukses Makmur Tbk's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Indofood Sukses Makmur Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Indofood Sukses Makmur Tbk's Cyclically Adjusted PB Ratio falls into.



PT Indofood Sukses Makmur 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 Indofood Sukses Makmur Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6150.00/4981.59
=1.23

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

For example, PT Indofood Sukses Makmur 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)
=7045.393/130.6070*130.6070
=7,045.393

Current CPI (Mar. 2024) = 130.6070.

PT Indofood Sukses Makmur Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 2,778.331 93.015 3,901.201
201409 2,885.695 94.576 3,985.070
201412 2,859.131 98.819 3,778.838
201503 2,979.233 98.388 3,954.855
201506 2,881.978 99.766 3,772.890
201509 2,931.370 101.037 3,789.295
201512 3,105.697 102.133 3,971.552
201603 3,216.558 102.764 4,088.060
201606 3,167.039 103.212 4,007.637
201609 3,268.461 104.142 4,099.040
201612 3,315.353 105.222 4,115.192
201703 3,455.578 106.476 4,238.731
201706 3,384.933 107.722 4,104.064
201709 3,508.394 108.020 4,241.984
201712 3,565.033 109.017 4,271.065
201803 3,688.810 110.097 4,376.019
201806 3,561.966 111.085 4,187.955
201809 3,688.089 111.135 4,334.300
201812 3,828.318 112.430 4,447.261
201903 4,007.358 112.829 4,638.801
201906 3,983.353 114.730 4,534.584
201909 4,133.819 114.905 4,698.730
201912 4,302.517 115.486 4,865.865
202003 4,531.710 116.252 5,091.280
202006 4,629.263 116.630 5,184.045
202009 4,518.260 116.397 5,069.876
202012 4,825.993 117.318 5,372.645
202103 5,072.314 117.840 5,621.867
202106 5,220.524 118.184 5,769.288
202109 5,161.156 118.262 5,699.927
202112 5,527.710 119.516 6,040.673
202203 5,903.363 120.948 6,374.800
202206 5,888.872 123.322 6,236.725
202209 5,890.232 125.298 6,139.787
202212 6,132.255 126.098 6,351.547
202303 6,491.025 126.953 6,677.878
202306 6,454.484 127.663 6,603.334
202309 6,649.356 128.151 6,776.769
202312 6,741.471 129.395 6,804.632
202403 7,045.393 130.607 7,045.393

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 Indofood Sukses Makmur Tbk  (ISX:INDF) 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 Indofood Sukses Makmur Tbk Cyclically Adjusted PB Ratio Related Terms

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PT Indofood Sukses Makmur Tbk (ISX:INDF) Business Description

Traded in Other Exchanges
Address
Jalan Jend. Sudirman Kav 76-78, Sudirman Plaza, Indofood Tower, 27th Floor, Jakarta, IDN, 12910
PT Indofood Sukses Makmur Tbk is an Indonesian packaged food company. Its portfolio is diversified with operations in both raw materials and processed food. The company divides its operations into: Consumer branded products business Group, Bogasari Business Group, Agribusiness Group and Distribution Business Group. The consumer branded products segment produces a varied range of consumer-branded products such as noodles, dairy, snack foods, special foods, food seasonings, and beverages. Bogasari produces, packages, and ships wheat flour and pasta. The agribusiness operations are research, development, production, and marketing of branded cooking oils, margarine and shortening, processes rubber, sugar cane, and other crops. The Distribution segment distributes consumer products.

PT Indofood Sukses Makmur Tbk (ISX:INDF) Headlines