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PT PP Properti Tbk (ISX:PPRO) Cyclically Adjusted PB Ratio : 0.14 (As of Jun. 05, 2024)


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What is PT PP Properti Tbk Cyclically Adjusted PB Ratio?

As of today (2024-06-05), PT PP Properti Tbk's current share price is Rp10.00. PT PP Properti Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp69.65. PT PP Properti Tbk's Cyclically Adjusted PB Ratio for today is 0.14.

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

ISX:PPRO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.19   Max: 0.32
Current: 0.14

During the past years, PT PP Properti Tbk's highest Cyclically Adjusted PB Ratio was 0.32. The lowest was 0.14. And the median was 0.19.

ISX:PPRO's Cyclically Adjusted PB Ratio is ranked better than
88.01% of 1376 companies
in the Real Estate industry
Industry Median: 0.71 vs ISX:PPRO: 0.14

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 PP Properti Tbk's adjusted book value per share data for the three months ended in Mar. 2024 was Rp40.234. 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 Rp69.65 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT PP Properti Tbk Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PT PP Properti 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 PP Properti Tbk Cyclically Adjusted PB Ratio Chart

PT PP Properti Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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PT PP Properti 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 - - - - 0.49

Competitive Comparison of PT PP Properti Tbk's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, PT PP Properti 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 PP Properti Tbk's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PT PP Properti Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PT PP Properti 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 PP Properti Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.00/69.65
=0.14

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

For example, PT PP Properti 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)
=40.234/130.6070*130.6070
=40.234

Current CPI (Mar. 2024) = 130.6070.

PT PP Properti Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 93.015 0.000
201409 0.000 94.576 0.000
201412 18.960 98.819 25.059
201503 0.000 98.388 0.000
201506 36.685 99.766 48.026
201509 37.753 101.037 48.802
201512 44.756 102.133 57.234
201603 46.368 102.764 58.931
201606 46.484 103.212 58.822
201609 48.321 104.142 60.600
201612 50.606 105.222 62.815
201703 50.509 106.476 61.956
201706 71.896 107.722 87.170
201709 73.750 108.020 89.171
201712 77.533 109.017 92.888
201803 79.078 110.097 93.810
201806 79.025 111.085 92.913
201809 81.063 111.135 95.267
201812 61.962 112.430 71.980
201903 0.000 112.829 0.000
201906 86.527 114.730 98.501
201909 87.466 114.905 99.419
201912 63.328 115.486 71.620
202003 65.161 116.252 73.207
202006 68.778 116.630 77.021
202009 65.097 116.397 73.044
202012 63.516 117.318 70.711
202103 65.022 117.840 72.067
202106 65.033 118.184 71.869
202109 64.633 118.262 71.380
202112 64.248 119.516 70.210
202203 64.269 120.948 69.401
202206 64.741 123.322 68.565
202209 64.750 125.298 67.493
202212 64.726 126.098 67.041
202303 64.758 126.953 66.622
202306 64.068 127.663 65.546
202309 62.780 128.151 63.983
202312 43.598 129.395 44.006
202403 40.234 130.607 40.234

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 PP Properti Tbk  (ISX:PPRO) 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 PP Properti Tbk Cyclically Adjusted PB Ratio Related Terms

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


PT PP Properti Tbk (ISX:PPRO) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Letjend. TB. Simatupang No. 57, Plaza PP, 7th Floor, Pasar Rebo, Jakarta Timur, Jakarta, IDN, 13760
PP Properti TBK is an Indonesian property development company that specializes in developing residential, mall/entertainment, and hotel properties. PT PP Persero Tbk is the majority shareholder in PP Properti TBK and is PP Properti TBK's parent company with almost 65% of shares held. The Government of the Republic of Indonesia holds 51% of PT PP Persero TBK; therefore, it is the ultimate owner of PP Properti TBK.

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