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PT Multistrada Arahrana Tbk (ISX:MASA) Cyclically Adjusted PB Ratio : 9.66 (As of May. 23, 2024)


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What is PT Multistrada Arahrana Tbk Cyclically Adjusted PB Ratio?

As of today (2024-05-23), PT Multistrada Arahrana Tbk's current share price is Rp5425.00. PT Multistrada Arahrana Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp561.33. PT Multistrada Arahrana Tbk's Cyclically Adjusted PB Ratio for today is 9.66.

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

ISX:MASA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 2.66   Max: 12.48
Current: 9.66

During the past years, PT Multistrada Arahrana Tbk's highest Cyclically Adjusted PB Ratio was 12.48. The lowest was 0.63. And the median was 2.66.

ISX:MASA's Cyclically Adjusted PB Ratio is ranked worse than
95.42% of 938 companies
in the Vehicles & Parts industry
Industry Median: 1.285 vs ISX:MASA: 9.66

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 Multistrada Arahrana Tbk's adjusted book value per share data for the three months ended in Mar. 2024 was Rp661.604. 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 Rp561.33 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Multistrada Arahrana Tbk Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PT Multistrada Arahrana 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 Multistrada Arahrana Tbk Cyclically Adjusted PB Ratio Chart

PT Multistrada Arahrana 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 0.90 1.96 11.36 3.89 6.85

PT Multistrada Arahrana 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 7.90 6.90 5.25 6.85 7.84

Competitive Comparison of PT Multistrada Arahrana Tbk's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, PT Multistrada Arahrana 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 Multistrada Arahrana Tbk's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, PT Multistrada Arahrana Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Multistrada Arahrana Tbk's Cyclically Adjusted PB Ratio falls into.



PT Multistrada Arahrana 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 Multistrada Arahrana Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5425.00/561.33
=9.66

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

For example, PT Multistrada Arahrana 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)
=661.604/130.6070*130.6070
=661.604

Current CPI (Mar. 2024) = 130.6070.

PT Multistrada Arahrana Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 487.141 93.015 684.020
201409 497.071 94.576 686.442
201412 504.667 98.819 667.005
201503 527.848 98.388 700.705
201506 532.778 99.766 697.477
201509 565.010 101.037 730.372
201512 517.569 102.133 661.865
201603 496.230 102.764 630.680
201606 493.075 103.212 623.947
201609 484.030 104.142 607.031
201612 491.655 105.222 610.268
201703 490.219 106.476 601.319
201706 487.148 107.722 590.643
201709 489.607 108.020 591.982
201712 372.532 109.017 446.310
201803 491.776 110.097 583.392
201806 511.772 111.085 601.712
201809 527.387 111.135 619.793
201812 321.794 112.430 373.820
201903 492.907 112.829 570.575
201906 477.482 114.730 543.558
201909 474.780 114.905 539.662
201912 307.436 115.486 347.690
202003 350.215 116.252 393.459
202006 300.485 116.630 336.496
202009 338.424 116.397 379.741
202012 362.293 117.318 403.331
202103 399.811 117.840 443.128
202106 422.178 118.184 466.556
202109 428.996 118.262 473.779
202112 422.844 119.516 462.083
202203 479.886 120.948 518.209
202206 537.437 123.322 569.183
202209 569.276 125.298 593.395
202212 556.451 126.098 576.350
202303 563.845 126.953 580.076
202306 577.977 127.663 591.306
202309 636.563 128.151 648.761
202312 639.602 129.395 645.594
202403 661.604 130.607 661.604

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 Multistrada Arahrana Tbk  (ISX:MASA) 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 Multistrada Arahrana Tbk Cyclically Adjusted PB Ratio Related Terms

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


PT Multistrada Arahrana Tbk (ISX:MASA) Business Description

Traded in Other Exchanges
Address
Jalan Raya Lemahabang Km. 58.3, Desa Karangsari, Cikarang Timur, Jawa Barat, Bekasi, IDN, 17550
PT Multistrada Arah Sarana Tbk is an Indonesian tire manufacturing company. It has developed two brands of vehicle tire products, which are Achilles and Corsa. Achilles is a brand of car tire that is able to be used by Passenger Car type, Sports Utility Vehicle (SUV) and Light Truck with Steel Belted Tubeless type. Corsa is a brand of tire for two-wheeled vehicles.

PT Multistrada Arahrana Tbk (ISX:MASA) Headlines

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