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PT Bintang Mitra Semestaraya Tbk (ISX:BMSR) Cyclically Adjusted Book per Share : Rp250.08 (As of Dec. 2023)


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What is PT Bintang Mitra Semestaraya 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 Bintang Mitra Semestaraya Tbk's adjusted book value per share for the three months ended in Dec. 2023 was Rp710.455. 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 Rp250.08 for the trailing ten years ended in Dec. 2023.

During the past 12 months, PT Bintang Mitra Semestaraya Tbk's average Cyclically Adjusted Book Growth Rate was 14.00% 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.

As of today (2024-04-28), PT Bintang Mitra Semestaraya Tbk's current stock price is Rp370.00. PT Bintang Mitra Semestaraya Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was Rp250.08. PT Bintang Mitra Semestaraya Tbk's Cyclically Adjusted PB Ratio of today is 1.48.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Bintang Mitra Semestaraya Tbk was 4.39. The lowest was 1.16. And the median was 1.67.


PT Bintang Mitra Semestaraya Tbk Cyclically Adjusted Book per Share Historical Data

The historical data trend for PT Bintang Mitra Semestaraya 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 Bintang Mitra Semestaraya Tbk Cyclically Adjusted Book per Share Chart

PT Bintang Mitra Semestaraya 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 - - - 219.39 250.08

PT Bintang Mitra Semestaraya 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 219.39 223.64 228.63 240.61 250.08

Competitive Comparison of PT Bintang Mitra Semestaraya Tbk's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, PT Bintang Mitra Semestaraya 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 Bintang Mitra Semestaraya Tbk's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, PT Bintang Mitra Semestaraya Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PT Bintang Mitra Semestaraya 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 Bintang Mitra Semestaraya 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)
=710.455/128.8650*128.8650
=710.455

Current CPI (Dec. 2023) = 128.8650.

PT Bintang Mitra Semestaraya Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 92.483 0.000
201406 0.000 93.015 0.000
201409 286.713 94.576 390.662
201412 157.698 98.819 205.645
201503 151.688 98.388 198.676
201506 144.611 99.766 186.790
201509 143.537 101.037 183.071
201512 144.058 102.133 181.764
201603 133.989 102.764 168.021
201606 113.482 103.212 141.687
201609 106.613 104.142 131.922
201612 127.902 105.222 156.641
201703 125.211 106.476 151.540
201706 124.702 107.722 149.178
201709 126.029 108.020 150.349
201712 123.119 109.017 145.535
201803 124.521 110.097 145.748
201806 124.380 111.085 144.288
201809 125.678 111.135 145.729
201812 126.980 112.430 145.542
201903 125.427 112.829 143.254
201906 129.208 114.730 145.126
201909 129.639 114.905 145.390
201912 129.783 115.486 144.818
202003 130.757 116.252 144.943
202006 123.018 116.630 135.923
202009 132.277 116.397 146.447
202012 103.259 117.318 113.422
202103 109.238 117.840 119.458
202106 123.372 118.184 134.522
202109 144.076 118.262 156.994
202112 259.435 119.516 279.729
202203 339.574 120.948 361.801
202206 424.959 123.324 444.053
202209 560.356 125.300 576.300
202212 583.418 126.099 596.215
202303 602.459 126.954 611.528
202306 609.254 127.666 614.976
202309 651.332 128.155 654.943
202312 710.455 128.865 710.455

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


PT Bintang Mitra Semestaraya Tbk  (ISX:BMSR) 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 Bintang Mitra Semestaraya Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=370.00/250.08
=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 Bintang Mitra Semestaraya Tbk was 4.39. The lowest was 1.16. And the median was 1.67.


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 Bintang Mitra Semestaraya Tbk Cyclically Adjusted Book per Share Related Terms

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


PT Bintang Mitra Semestaraya Tbk (ISX:BMSR) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Jenderal Gatot Subroto Kav 23, Graha BIP 2nd Floor, Jakarta Selatan, Jakarta, IDN, 12930
PT Bintang Mitra Semestaraya Tbk is an investment holding company. The company's operating segment includes Chemical Goods and Rice; Share on Sale of Nickel, Share on Sale of Oil and Investment. It generates majority of its revenue from Chemical Goods and Rice. The company markets chemical products which include Caustic Soda both in liquid and flake, Hydrochloric Acid, Sodium Hypochlorite, Sulfuric Acid, and Ethylene Dichloride.

PT Bintang Mitra Semestaraya Tbk (ISX:BMSR) Headlines

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