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PT J Resources Asia Pasifik Tbk (ISX:PSAB) Cyclically Adjusted PB Ratio : 0.78 (As of Jun. 22, 2024)


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What is PT J Resources Asia Pasifik Tbk Cyclically Adjusted PB Ratio?

As of today (2024-06-22), PT J Resources Asia Pasifik Tbk's current share price is Rp143.00. PT J Resources Asia Pasifik Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp183.76. PT J Resources Asia Pasifik Tbk's Cyclically Adjusted PB Ratio for today is 0.78.

The historical rank and industry rank for PT J Resources Asia Pasifik Tbk's Cyclically Adjusted PB Ratio or its related term are showing as below:

ISX:PSAB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.78   Max: 1.77
Current: 0.76

During the past years, PT J Resources Asia Pasifik Tbk's highest Cyclically Adjusted PB Ratio was 1.77. The lowest was 0.46. And the median was 0.78.

ISX:PSAB's Cyclically Adjusted PB Ratio is ranked better than
52.05% of 1635 companies
in the Metals & Mining industry
Industry Median: 0.82 vs ISX:PSAB: 0.76

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 J Resources Asia Pasifik Tbk's adjusted book value per share data for the three months ended in Mar. 2024 was Rp171.970. 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 Rp183.76 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT J Resources Asia Pasifik Tbk Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PT J Resources Asia Pasifik 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 J Resources Asia Pasifik Tbk Cyclically Adjusted PB Ratio Chart

PT J Resources Asia Pasifik 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 - 1.74 0.87 0.62 0.49

PT J Resources Asia Pasifik 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 0.56 0.47 0.48 0.49 1.14

Competitive Comparison of PT J Resources Asia Pasifik Tbk's Cyclically Adjusted PB Ratio

For the Gold subindustry, PT J Resources Asia Pasifik 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 J Resources Asia Pasifik Tbk's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT J Resources Asia Pasifik Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT J Resources Asia Pasifik Tbk's Cyclically Adjusted PB Ratio falls into.



PT J Resources Asia Pasifik 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 J Resources Asia Pasifik Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=143.00/183.76
=0.78

* 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 J Resources Asia Pasifik Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, PT J Resources Asia Pasifik 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)
=171.97/130.6070*130.6070
=171.970

Current CPI (Mar. 2024) = 130.6070.

PT J Resources Asia Pasifik Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 110.236 93.015 154.788
201409 108.871 94.576 150.348
201412 117.914 98.819 155.844
201503 126.552 98.388 167.995
201506 133.540 99.766 174.821
201509 152.761 101.037 197.470
201512 142.965 102.133 182.823
201603 138.393 102.764 175.890
201606 139.609 103.212 176.664
201609 141.375 104.142 177.301
201612 149.007 105.222 184.955
201703 148.485 106.476 182.137
201706 151.664 107.722 183.885
201709 154.730 108.020 187.083
201712 155.717 109.017 186.556
201803 159.607 110.097 189.341
201806 171.644 111.085 201.809
201809 178.180 111.135 209.400
201812 175.059 112.430 203.362
201903 173.933 112.829 201.340
201906 173.245 114.730 197.219
201909 175.945 114.905 199.989
201912 157.647 115.486 178.288
202003 183.729 116.252 206.416
202006 155.722 116.630 174.384
202009 165.226 116.397 185.398
202012 166.000 117.318 184.803
202103 180.128 117.840 199.644
202106 176.754 118.184 195.334
202109 168.478 118.262 186.065
202112 175.241 119.516 191.503
202203 176.325 120.948 190.406
202206 181.076 123.322 191.772
202209 185.134 125.298 192.978
202212 179.259 126.098 185.669
202303 162.197 126.953 166.866
202306 160.248 127.663 163.944
202309 168.618 128.151 171.849
202312 170.619 129.395 172.218
202403 171.970 130.607 171.970

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 J Resources Asia Pasifik Tbk  (ISX:PSAB) 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 J Resources Asia Pasifik Tbk Cyclically Adjusted PB Ratio Related Terms

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PT J Resources Asia Pasifik Tbk (ISX:PSAB) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Jenderal Sudirman Kav. 52-53, Equity Tower, Lantai 48th Floor, Sudirman Central Business District (SCBD), Lot. 9, Jakarta Selatan, Jakarta, IDN, 12190
PT J Resources Asia Pasifik Tbk is a holding company based in Indonesia engaged in gold mining. The company, through its subsidiary, operates mines, explores, and invests in gold mines in Indonesia and Malaysia. It operates its mining project in Malaysia and across multiple locations in Indonesia. The projects operated include both operating mines are development-stage mines. It derives revenue from the sales of gold. Some of the company's projects are Doup, Pani, Penjom, Bakan, Seruyung, and North Lanut.

PT J Resources Asia Pasifik Tbk (ISX:PSAB) Headlines

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