GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » PT Indocement Tunggal Prakarsa Tbk (ISX:INTP) » Definitions » Cyclically Adjusted PB Ratio

PT Indocement Tunggal Prakarsa Tbk (ISX:INTP) Cyclically Adjusted PB Ratio : 0.96 (As of May. 21, 2024)


View and export this data going back to 1989. Start your Free Trial

What is PT Indocement Tunggal Prakarsa Tbk Cyclically Adjusted PB Ratio?

As of today (2024-05-21), PT Indocement Tunggal Prakarsa Tbk's current share price is Rp7000.00. PT Indocement Tunggal Prakarsa Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp7,307.63. PT Indocement Tunggal Prakarsa Tbk's Cyclically Adjusted PB Ratio for today is 0.96.

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

ISX:INTP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.94   Med: 1.51   Max: 3.15
Current: 0.94

During the past years, PT Indocement Tunggal Prakarsa Tbk's highest Cyclically Adjusted PB Ratio was 3.15. The lowest was 0.94. And the median was 1.51.

ISX:INTP's Cyclically Adjusted PB Ratio is ranked better than
58.86% of 299 companies
in the Building Materials industry
Industry Median: 1.09 vs ISX:INTP: 0.94

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 Indocement Tunggal Prakarsa Tbk's adjusted book value per share data for the three months ended in Mar. 2024 was Rp6,181.028. 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 Rp7,307.63 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Indocement Tunggal Prakarsa Tbk Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PT Indocement Tunggal Prakarsa 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 Indocement Tunggal Prakarsa Tbk Cyclically Adjusted PB Ratio Chart

PT Indocement Tunggal Prakarsa 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 2.84 2.05 1.69 1.34 1.29

PT Indocement Tunggal Prakarsa 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 1.43 1.35 1.36 1.29 1.20

Competitive Comparison of PT Indocement Tunggal Prakarsa Tbk's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, PT Indocement Tunggal Prakarsa 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 Indocement Tunggal Prakarsa Tbk's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, PT Indocement Tunggal Prakarsa Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Indocement Tunggal Prakarsa Tbk's Cyclically Adjusted PB Ratio falls into.



PT Indocement Tunggal Prakarsa 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 Indocement Tunggal Prakarsa Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7000.00/7307.63
=0.96

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

For example, PT Indocement Tunggal Prakarsa 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)
=6181.028/130.6070*130.6070
=6,181.028

Current CPI (Mar. 2024) = 130.6070.

PT Indocement Tunggal Prakarsa Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 6,010.906 93.015 8,440.231
201409 6,319.208 94.576 8,726.662
201412 6,676.305 98.819 8,823.897
201503 6,980.315 98.388 9,266.188
201506 5,939.018 99.766 7,774.959
201509 6,188.532 101.037 7,999.731
201512 6,483.146 102.133 8,290.620
201603 6,742.619 102.764 8,569.481
201606 6,726.328 103.212 8,511.636
201609 6,921.037 104.142 8,679.806
201612 7,100.535 105.222 8,813.560
201703 7,234.078 106.476 8,873.569
201706 6,416.700 107.722 7,779.932
201709 6,554.107 108.020 7,924.543
201712 6,670.734 109.017 7,991.830
201803 6,742.782 110.097 7,998.933
201806 6,067.623 111.085 7,133.962
201809 6,139.160 111.135 7,214.837
201812 6,308.106 112.430 7,327.969
201903 6,415.873 112.829 7,426.829
201906 5,931.891 114.730 6,752.769
201909 6,077.413 114.905 6,907.928
201912 6,269.714 115.486 7,090.636
202003 6,379.033 116.252 7,166.709
202006 6,394.097 116.630 7,160.381
202009 6,069.945 116.397 6,811.001
202012 6,024.141 117.318 6,706.510
202103 6,119.649 117.840 6,782.674
202106 6,183.551 118.184 6,833.545
202109 5,853.928 118.262 6,465.018
202112 5,809.033 119.516 6,348.102
202203 5,828.134 120.948 6,293.563
202206 5,289.672 123.322 5,602.131
202209 5,444.867 125.298 5,675.553
202212 5,702.858 126.098 5,906.794
202303 5,811.097 126.953 5,978.377
202306 5,746.419 127.663 5,878.940
202309 5,912.208 128.151 6,025.496
202312 6,111.654 129.395 6,168.914
202403 6,181.028 130.607 6,181.028

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 Indocement Tunggal Prakarsa Tbk  (ISX:INTP) 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 Indocement Tunggal Prakarsa Tbk Cyclically Adjusted PB Ratio Related Terms

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


PT Indocement Tunggal Prakarsa Tbk (ISX:INTP) Business Description

Traded in Other Exchanges
Address
Jalan Jenderal Sudirman Kavling 70-71, Wisma Indocement, 13th Floor, Jakarta, IDN, 12910
PT Indocement Tunggal Prakarsa Tbk manufactures and sells cement, concrete, and cement-related products. The firm operates in three segments cement, ready-mix concrete, and aggregates quarries. The Cement segment, which generates the vast majority of revenue, sells cement under the Tiga Roda brand, primarily to retailers and the residential construction industry. The Ready-Mix Concrete segment sells concrete to the building and construction industries.

PT Indocement Tunggal Prakarsa Tbk (ISX:INTP) Headlines