GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » PT Matahari Department Store Tbk (ISX:LPPF) » Definitions » Cyclically Adjusted PB Ratio

PT Matahari Department Store Tbk (ISX:LPPF) Cyclically Adjusted PB Ratio : 3.30 (As of Jun. 19, 2024)


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

What is PT Matahari Department Store Tbk Cyclically Adjusted PB Ratio?

As of today (2024-06-19), PT Matahari Department Store Tbk's current share price is Rp1440.00. PT Matahari Department Store Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp436.92. PT Matahari Department Store Tbk's Cyclically Adjusted PB Ratio for today is 3.30.

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

ISX:LPPF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.3   Med: 14.09   Max: 32.7
Current: 3.3

During the past years, PT Matahari Department Store Tbk's highest Cyclically Adjusted PB Ratio was 32.70. The lowest was 3.30. And the median was 14.09.

ISX:LPPF's Cyclically Adjusted PB Ratio is ranked worse than
79.69% of 773 companies
in the Retail - Cyclical industry
Industry Median: 1.13 vs ISX:LPPF: 3.30

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 Matahari Department Store Tbk's adjusted book value per share data for the three months ended in Mar. 2024 was Rp310.169. 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 Rp436.92 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Matahari Department Store Tbk Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PT Matahari Department Store 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 Matahari Department Store Tbk Cyclically Adjusted PB Ratio Chart

PT Matahari Department Store 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 - 10.64 22.52 14.24 4.79

PT Matahari Department Store 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 13.34 8.69 5.95 4.79 4.03

Competitive Comparison of PT Matahari Department Store Tbk's Cyclically Adjusted PB Ratio

For the Department Stores subindustry, PT Matahari Department Store 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 Matahari Department Store Tbk's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PT Matahari Department Store Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Matahari Department Store Tbk's Cyclically Adjusted PB Ratio falls into.



PT Matahari Department Store 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 Matahari Department Store Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1440.00/436.92
=3.30

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

For example, PT Matahari Department Store 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)
=310.169/130.6070*130.6070
=310.169

Current CPI (Mar. 2024) = 130.6070.

PT Matahari Department Store Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 -301.518 93.015 -423.377
201409 -62.065 94.576 -85.710
201412 54.581 98.819 72.138
201503 117.973 98.388 156.606
201506 -15.221 99.766 -19.926
201509 237.106 101.037 306.500
201512 379.094 102.133 484.784
201603 462.622 102.764 587.966
201606 348.341 103.212 440.798
201609 503.628 104.142 631.610
201612 635.810 105.222 789.201
201703 719.492 106.476 882.554
201706 609.786 107.722 739.335
201709 666.968 108.020 806.428
201712 797.823 109.017 955.827
201803 882.383 110.097 1,046.767
201806 801.203 111.085 942.008
201809 852.928 111.135 1,002.374
201812 622.302 112.430 722.913
201903 610.306 112.829 706.473
201906 584.757 114.730 665.678
201909 598.600 114.905 680.402
201912 645.546 115.486 730.070
202003 501.040 116.252 562.908
202006 400.545 116.630 448.547
202009 302.021 116.397 338.894
202012 221.281 117.318 246.346
202103 162.796 117.840 180.434
202106 527.997 118.184 583.498
202109 403.159 118.262 445.245
202112 383.060 119.516 418.607
202203 189.646 120.948 204.791
202206 144.253 123.322 152.774
202209 183.777 125.298 191.563
202212 252.668 126.098 261.704
202303 408.096 126.953 419.844
202306 -136.402 127.663 -139.548
202309 2.998 128.151 3.055
202312 26.193 129.395 26.438
202403 310.169 130.607 310.169

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 Matahari Department Store Tbk  (ISX:LPPF) 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 Matahari Department Store Tbk Cyclically Adjusted PB Ratio Related Terms

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


PT Matahari Department Store Tbk (ISX:LPPF) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Bulevar Palem Raya No. 7, Menara Matahari Lantai 12th Floor, Lippo Village, Tangerang, IDN, 15811
PT Matahari Department Store Tbk is a retail company. It offers clothing, homeware, accessories, and beauty products through department stores. It has focused on stylish offerings, international labels, and exclusive brands. Its geographical segments include Sumatra, Java, Kalimantan, Sulawesi and Maluku, and others.

PT Matahari Department Store Tbk (ISX:LPPF) Headlines

No Headlines