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PT United Tractors Tbk (PT United Tractors Tbk) Cyclically Adjusted PB Ratio : 1.41 (As of May. 28, 2024)


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What is PT United Tractors Tbk Cyclically Adjusted PB Ratio?

As of today (2024-05-28), PT United Tractors Tbk's current share price is $1.452. PT United Tractors Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.03. PT United Tractors Tbk's Cyclically Adjusted PB Ratio for today is 1.41.

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

PUTKF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.19   Med: 1.75   Max: 2.84
Current: 1.31

During the past years, PT United Tractors Tbk's highest Cyclically Adjusted PB Ratio was 2.84. The lowest was 1.19. And the median was 1.75.

PUTKF's Cyclically Adjusted PB Ratio is ranked worse than
61.29% of 1617 companies
in the Metals & Mining industry
Industry Median: 0.88 vs PUTKF: 1.31

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 United Tractors Tbk's adjusted book value per share data for the three months ended in Mar. 2024 was $1.522. 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 $1.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT United Tractors Tbk Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PT United Tractors 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 United Tractors Tbk Cyclically Adjusted PB Ratio Chart

PT United Tractors 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 1.83 2.07 1.62 1.69 1.35

PT United Tractors 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 1.84 1.44 1.72 1.35 1.41

Competitive Comparison of PT United Tractors Tbk's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, PT United Tractors 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 United Tractors Tbk's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



PT United Tractors 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 United Tractors Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.452/1.03
=1.41

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

For example, PT United Tractors 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)
=1.522/130.6070*130.6070
=1.522

Current CPI (Mar. 2024) = 130.6070.

PT United Tractors Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.786 93.015 1.104
201409 0.791 94.576 1.092
201412 0.789 98.819 1.043
201503 0.788 98.388 1.046
201506 0.771 99.766 1.009
201509 0.733 101.037 0.948
201512 0.737 102.133 0.942
201603 0.778 102.764 0.989
201606 0.773 103.212 0.978
201609 0.794 104.142 0.996
201612 0.815 105.222 1.012
201703 0.852 106.476 1.045
201706 0.861 107.722 1.044
201709 0.874 108.020 1.057
201712 0.898 109.017 1.076
201803 0.944 110.097 1.120
201806 0.916 111.085 1.077
201809 0.932 111.135 1.095
201812 0.996 112.430 1.157
201903 1.058 112.829 1.225
201906 1.039 114.730 1.183
201909 1.057 114.905 1.201
201912 1.123 115.486 1.270
202003 1.034 116.252 1.162
202006 1.101 116.630 1.233
202009 1.092 116.397 1.225
202012 1.146 117.318 1.276
202103 1.178 117.840 1.306
202106 1.194 118.184 1.320
202109 1.239 118.262 1.368
202112 1.288 119.516 1.408
202203 1.373 120.948 1.483
202206 1.404 123.322 1.487
202209 1.394 125.298 1.453
202212 1.482 126.098 1.535
202303 1.613 126.953 1.659
202306 1.316 127.663 1.346
202309 1.325 128.151 1.350
202312 1.415 129.395 1.428
202403 1.522 130.607 1.522

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 United Tractors Tbk  (OTCPK:PUTKF) 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 United Tractors Tbk Cyclically Adjusted PB Ratio Related Terms

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


PT United Tractors Tbk (PT United Tractors Tbk) Business Description

Traded in Other Exchanges
Address
Jalan Raya Bekasi Km. 22, Cakung, Jakarta Timur, Jakarta, IDN, 13910
PT United Tractors Tbk is one of the largest distributors of heavy equipment in Indonesia. It manufactures construction machinery and provides mining services to help customers tap natural resources. The machinery is distributed under various brands and works in the mining, construction, forestry, material handling, and transportation sectors. The company operates contact centers to deliver spare parts, mechanics support, and repair machines for customers. United Tractors operates five business segments: construction machinery, mining contracting (a majority of total revenues), coal mining, gold mining, and construction industry. Mining services pertain to mine design, exploration, extracting, and hauling commodities. The majority of total sales are generated in Indonesia.

PT United Tractors Tbk (PT United Tractors Tbk) Headlines

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