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PT Indo Acidatama Tbk (ISX:SRSN) Cyclically Adjusted PB Ratio : 0.53 (As of Jun. 21, 2024)


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What is PT Indo Acidatama Tbk Cyclically Adjusted PB Ratio?

As of today (2024-06-21), PT Indo Acidatama Tbk's current share price is Rp50.00. PT Indo Acidatama Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp93.95. PT Indo Acidatama Tbk's Cyclically Adjusted PB Ratio for today is 0.53.

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

ISX:SRSN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 0.66   Max: 0.93
Current: 0.53

During the past years, PT Indo Acidatama Tbk's highest Cyclically Adjusted PB Ratio was 0.93. The lowest was 0.53. And the median was 0.66.

ISX:SRSN's Cyclically Adjusted PB Ratio is ranked better than
88.98% of 1216 companies
in the Chemicals industry
Industry Median: 1.66 vs ISX:SRSN: 0.53

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 Indo Acidatama Tbk's adjusted book value per share data for the three months ended in Mar. 2024 was Rp119.498. 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 Rp93.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Indo Acidatama Tbk Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PT Indo Acidatama 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 Indo Acidatama Tbk Cyclically Adjusted PB Ratio Chart

PT Indo Acidatama 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 - - 0.71 0.61 0.73

PT Indo Acidatama 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 0.58 0.57 0.60 0.73 0.63

Competitive Comparison of PT Indo Acidatama Tbk's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, PT Indo Acidatama 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 Indo Acidatama Tbk's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, PT Indo Acidatama Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PT Indo Acidatama 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 Indo Acidatama Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=50.00/93.95
=0.53

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

For example, PT Indo Acidatama 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)
=119.498/130.6070*130.6070
=119.498

Current CPI (Mar. 2024) = 130.6070.

PT Indo Acidatama Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 54.330 93.015 76.288
201409 55.117 94.576 76.115
201412 53.826 98.819 71.140
201503 55.544 98.388 73.733
201506 56.662 99.766 74.178
201509 56.567 101.037 73.122
201512 56.492 102.133 72.242
201603 56.848 102.764 72.251
201606 59.036 103.212 74.705
201609 58.662 104.142 73.569
201612 66.786 105.222 82.898
201703 66.714 106.476 81.834
201706 67.193 107.722 81.468
201709 68.459 108.020 82.773
201712 69.021 109.017 82.690
201803 0.000 110.097 0.000
201806 0.000 111.085 0.000
201809 74.345 111.135 87.371
201812 79.367 112.430 92.199
201903 81.644 112.829 94.509
201906 81.706 114.730 93.013
201909 83.787 114.905 95.237
201912 85.482 115.486 96.675
202003 87.773 116.252 98.611
202006 88.779 116.630 99.418
202009 88.216 116.397 98.986
202012 97.656 117.318 108.718
202103 98.142 117.840 108.775
202106 98.360 118.184 108.699
202109 99.257 118.262 109.618
202112 101.031 119.516 110.407
202203 100.344 120.948 108.357
202206 100.572 123.322 106.513
202209 101.846 125.298 106.161
202212 109.359 126.098 113.270
202303 110.286 126.953 113.461
202306 111.327 127.663 113.894
202309 116.233 128.151 118.460
202312 118.038 129.395 119.144
202403 119.498 130.607 119.498

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 Indo Acidatama Tbk  (ISX:SRSN) 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 Indo Acidatama Tbk Cyclically Adjusted PB Ratio Related Terms

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


PT Indo Acidatama Tbk (ISX:SRSN) Business Description

Traded in Other Exchanges
N/A
Address
Jl. Raya Perjuangan 88, Graha Kencana, 9th Floor-Suite A, Jakarta Barat, Jakarta, IDN, 11530
PT Indo Acidatama Tbk is an Indonesian-based company engaged in manufacturing ethanol. The company produces acetic acid, ethyl acetate, bio-organic fertilizers, methylated spirit, and carbonic acid gas. It operates business activity in segments such as Ethanol, Acetic Acid, and Others. The fertilizers of the company are marketed under the brand names Pomi, Randex, Beka, and Alfinas. The company earns the majority of its revenue comes from the Ethanol segment.

PT Indo Acidatama Tbk (ISX:SRSN) Headlines

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