GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » PT Ciputra Development Tbk (FRA:PUWA) » Definitions » Cyclically Adjusted Book per Share

PT Ciputra Development Tbk (FRA:PUWA) Cyclically Adjusted Book per Share : €0.04 (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is PT Ciputra Development Tbk Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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 Ciputra Development Tbk's adjusted book value per share for the three months ended in Dec. 2023 was €0.064. 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 €0.04 for the trailing ten years ended in Dec. 2023.

During the past 12 months, PT Ciputra Development Tbk's average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of PT Ciputra Development Tbk was 9.40% per year. The lowest was 7.30% per year. And the median was 8.30% per year.

As of today (2024-04-27), PT Ciputra Development Tbk's current stock price is €0.059. PT Ciputra Development Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €0.04. PT Ciputra Development Tbk's Cyclically Adjusted PB Ratio of today is 1.48.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Ciputra Development Tbk was 2.14. The lowest was 0.73. And the median was 1.40.


PT Ciputra Development Tbk Cyclically Adjusted Book per Share Historical Data

The historical data trend for PT Ciputra Development Tbk's Cyclically Adjusted Book per Share 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 Ciputra Development Tbk Cyclically Adjusted Book per Share Chart

PT Ciputra Development Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.03 0.04 0.04 0.04

PT Ciputra Development Tbk Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 0.04 0.04 0.04 0.04 0.04

Competitive Comparison of PT Ciputra Development Tbk's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, PT Ciputra Development 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 Ciputra Development Tbk's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Ciputra Development Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PT Ciputra Development Tbk Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, PT Ciputra Development Tbk's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.064/128.8650*128.8650
=0.064

Current CPI (Dec. 2023) = 128.8650.

PT Ciputra Development Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.027 92.483 0.038
201406 0.027 93.015 0.037
201409 0.029 94.576 0.040
201412 0.032 98.819 0.042
201503 0.035 98.388 0.046
201506 0.033 99.766 0.043
201509 0.032 101.037 0.041
201512 0.036 102.133 0.045
201603 0.037 102.764 0.046
201606 0.037 103.212 0.046
201609 0.039 104.142 0.048
201612 0.058 105.222 0.071
201703 0.049 106.476 0.059
201706 0.046 107.722 0.055
201709 0.044 108.020 0.052
201712 0.045 109.017 0.053
201803 0.043 110.097 0.050
201806 0.043 111.085 0.050
201809 0.042 111.135 0.049
201812 0.047 112.430 0.054
201903 0.049 112.829 0.056
201906 0.049 114.730 0.055
201909 0.051 114.905 0.057
201912 0.054 115.486 0.060
202003 0.044 116.252 0.049
202006 0.050 116.630 0.055
202009 0.045 116.397 0.050
202012 0.048 117.318 0.053
202103 0.048 117.840 0.052
202106 0.049 118.184 0.053
202109 0.052 118.262 0.057
202112 0.057 119.516 0.061
202203 0.059 120.948 0.063
202206 0.062 123.324 0.065
202209 0.065 125.300 0.067
202212 0.060 126.099 0.061
202303 0.063 126.954 0.064
202306 0.063 127.666 0.064
202309 0.063 128.155 0.063
202312 0.064 128.865 0.064

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


PT Ciputra Development Tbk  (FRA:PUWA) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 Ciputra Development Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.059/0.04
=1.48

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Ciputra Development Tbk was 2.14. The lowest was 0.73. And the median was 1.40.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


PT Ciputra Development Tbk Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of PT Ciputra Development Tbk's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Ciputra Development Tbk (FRA:PUWA) Business Description

Industry
Traded in Other Exchanges
Address
Jalan Prof. Dr. Satrio Kav. 3-5, 39th Floor, Ciputra World 1, DBS Bank Tower, Jakarta, IDN, 12940
PT Ciputra Development Tbk is a property company in Indonesia. The company's portfolio and land holdings are diverse in terms of product, location, and market segment. The company targets the mid-high-income segment and has developed numerous projects in cities throughout Indonesia. For business purposes, the group is classified into two reportable segments; Real Estate and Rental. It generates maximum revenue from the Real Estate segment.

PT Ciputra Development Tbk (FRA:PUWA) Headlines

No Headlines