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PT Steadyfe Tbk (ISX:SAFE) Cyclically Adjusted PB Ratio : (As of Jun. 09, 2024)


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What is PT Steadyfe Tbk Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Steadyfe Tbk Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PT Steadyfe 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.

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PT Steadyfe Tbk Cyclically Adjusted PB Ratio Chart

PT Steadyfe Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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PT Steadyfe Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of PT Steadyfe Tbk's Cyclically Adjusted PB Ratio

For the Railroads subindustry, PT Steadyfe 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 Steadyfe Tbk's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, PT Steadyfe Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



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

For example, PT Steadyfe 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)
=-45.273/130.6070*130.6070
=-45.273

Current CPI (Mar. 2024) = 130.6070.

PT Steadyfe Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 93.015 0.000
201409 -133.175 94.576 -183.911
201412 -195.451 98.819 -258.322
201503 -184.177 98.388 -244.490
201506 -191.382 99.766 -250.544
201509 -187.516 101.037 -242.396
201512 -191.849 102.133 -245.336
201603 -190.083 102.764 -241.585
201606 -131.617 103.212 -166.551
201609 -133.146 104.142 -166.981
201612 -51.936 105.222 -64.466
201703 -54.922 106.476 -67.369
201706 -57.566 107.722 -69.796
201709 -60.013 108.020 -72.561
201712 -64.340 109.017 -77.082
201803 -70.742 110.097 -83.921
201806 -74.662 111.085 -87.783
201809 -83.825 111.135 -98.512
201812 -97.783 112.430 -113.592
201903 -100.725 112.829 -116.596
201906 -97.022 114.730 -110.448
201909 -80.837 114.905 -91.884
201912 -82.956 115.486 -93.818
202003 -80.603 116.252 -90.556
202006 -100.369 116.630 -112.397
202009 -103.753 116.397 -116.420
202012 -111.267 117.318 -123.870
202103 -111.621 117.840 -123.714
202106 -109.467 118.184 -120.974
202109 -111.022 118.262 -122.612
202112 -110.157 119.516 -120.379
202203 -107.550 120.948 -116.139
202206 -103.295 123.322 -109.397
202209 -101.040 125.298 -105.321
202212 -93.181 126.098 -96.513
202303 -82.384 126.953 -84.756
202306 -77.327 127.663 -79.110
202309 -71.791 128.151 -73.167
202312 -61.398 129.395 -61.973
202403 -45.273 130.607 -45.273

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 Steadyfe Tbk  (ISX:SAFE) 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 Steadyfe Tbk Cyclically Adjusted PB Ratio Related Terms

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PT Steadyfe Tbk (ISX:SAFE) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Prof. DR. Satrio No.7, 15th Floor Satrio Tower RT.7/RW.2, Kuningan, Kecamatan Setiabudi Kota Jakarta Selatan, Daerah Khusus Ibukota, Jakarta, IDN, 12950
PT Steady Safe Tbk is a public transportation company. Its business activities are in the field of transportation services, especially to be busway operator in Jakarta. The company and subsidiaries classify their business activities in two main business segments namely Land Transportation and Financial Services segment. The firm's revenue is dominated by the Land Transportation segment.