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PT PP (Persero) Tbk (ISX:PTPP) Cyclically Adjusted PB Ratio : 0.24 (As of Jun. 02, 2025)


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What is PT PP (Persero) Tbk Cyclically Adjusted PB Ratio?

As of today (2025-06-02), PT PP (Persero) Tbk's current share price is Rp438.00. PT PP (Persero) Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was Rp1,861.39. PT PP (Persero) Tbk's Cyclically Adjusted PB Ratio for today is 0.24.

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

ISX:PTPP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.7   Max: 2.98
Current: 0.24

During the past years, PT PP (Persero) Tbk's highest Cyclically Adjusted PB Ratio was 2.98. The lowest was 0.13. And the median was 0.70.

ISX:PTPP's Cyclically Adjusted PB Ratio is ranked better than
90.43% of 1264 companies
in the Construction industry
Industry Median: 1.095 vs ISX:PTPP: 0.24

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 (Persero) Tbk's adjusted book value per share data for the three months ended in Mar. 2025 was Rp1,970.556. 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 Rp1,861.39 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT PP (Persero) Tbk Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PT PP (Persero) 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 (Persero) Tbk Cyclically Adjusted PB Ratio Chart

PT PP (Persero) Tbk Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.69 0.78 0.48 0.26 0.18

PT PP (Persero) Tbk Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.28 0.17 0.25 0.18 0.16

Competitive Comparison of PT PP (Persero) Tbk's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, PT PP (Persero) 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 (Persero) Tbk's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, PT PP (Persero) Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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PT PP (Persero) 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 (Persero) Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=438.00/1861.39
=0.24

* 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 (Persero) Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, PT PP (Persero) Tbk's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1970.556/131.9484*131.9484
=1,970.556

Current CPI (Mar. 2025) = 131.9484.

PT PP (Persero) Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201506 520.231 99.766 688.046
201509 560.655 101.037 732.185
201512 865.616 102.133 1,118.315
201603 881.080 102.764 1,131.303
201606 912.718 103.212 1,166.835
201609 959.798 104.142 1,216.064
201612 1,556.779 105.222 1,952.203
201703 1,550.889 106.476 1,921.912
201706 1,622.035 107.722 1,986.836
201709 1,681.163 108.020 2,053.564
201712 1,847.405 109.017 2,236.003
201803 1,870.986 110.097 2,242.338
201806 1,876.236 111.085 2,228.627
201809 1,939.044 111.135 2,302.199
201812 1,803.334 112.430 2,116.404
201903 2,079.633 112.829 2,432.047
201906 2,066.056 114.730 2,376.121
201909 0.000 114.905 0.000
201912 1,878.439 115.486 2,146.210
202003 1,748.128 116.252 1,984.156
202006 1,757.493 116.630 1,988.329
202009 1,762.500 116.397 1,997.988
202012 1,702.240 117.318 1,914.520
202103 1,725.542 117.840 1,932.136
202106 1,732.955 118.184 1,934.787
202109 1,735.279 118.262 1,936.107
202112 1,754.674 119.516 1,937.199
202203 1,758.402 120.948 1,918.328
202206 1,771.934 123.322 1,895.875
202209 1,786.923 125.298 1,881.761
202212 1,803.261 126.098 1,886.929
202303 1,804.538 126.953 1,875.551
202306 1,811.683 127.663 1,872.499
202309 1,832.131 128.151 1,886.415
202312 1,895.170 129.395 1,932.573
202403 1,912.412 130.607 1,932.053
202406 1,924.662 130.792 1,941.685
202409 1,936.753 130.361 1,960.338
202412 1,959.687 131.432 1,967.394
202503 1,970.556 131.948 1,970.556

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 (Persero) Tbk  (ISX:PTPP) 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 (Persero) Tbk Cyclically Adjusted PB Ratio Related Terms

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PT PP (Persero) Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Letjend, TB. Simatupang No. 57, Plaza PP - Wisma Subiyanto, Pasar Rebo, Jakarta, IDN, 13760
PT PP (Persero) Tbk provides construction services. It is operating in the fields of Construction (buildings, civil/infrastructure, EPC, specialty projects, plants, and equipment) and Investment (infrastructure, property, and energy).

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