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PT Bank Raya Indonesia Tbk (ISX:AGRO) Cyclically Adjusted PB Ratio : 1.53 (As of May. 16, 2024)


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What is PT Bank Raya Indonesia Tbk Cyclically Adjusted PB Ratio?

As of today (2024-05-16), PT Bank Raya Indonesia Tbk's current share price is Rp254.00. PT Bank Raya Indonesia Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp166.52. PT Bank Raya Indonesia Tbk's Cyclically Adjusted PB Ratio for today is 1.53.

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

ISX:AGRO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.45   Med: 4.08   Max: 16.24
Current: 1.51

During the past years, PT Bank Raya Indonesia Tbk's highest Cyclically Adjusted PB Ratio was 16.24. The lowest was 1.45. And the median was 4.08.

ISX:AGRO's Cyclically Adjusted PB Ratio is ranked worse than
79.01% of 1186 companies
in the Banks industry
Industry Median: 0.935 vs ISX:AGRO: 1.51

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 Bank Raya Indonesia Tbk's adjusted book value per share data for the three months ended in Mar. 2024 was Rp138.523. 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 Rp166.52 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Bank Raya Indonesia Tbk Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PT Bank Raya Indonesia 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 Bank Raya Indonesia Tbk Cyclically Adjusted PB Ratio Chart

PT Bank Raya Indonesia 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 - 6.63 11.36 2.47 1.86

PT Bank Raya Indonesia 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 2.34 2.32 1.83 1.86 1.74

Competitive Comparison of PT Bank Raya Indonesia Tbk's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, PT Bank Raya Indonesia 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 Bank Raya Indonesia Tbk's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, PT Bank Raya Indonesia Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PT Bank Raya Indonesia 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 Bank Raya Indonesia Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=254.00/166.52
=1.53

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

For example, PT Bank Raya Indonesia 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)
=138.523/130.6070*130.6070
=138.523

Current CPI (Mar. 2024) = 130.6070.

PT Bank Raya Indonesia Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 104.755 93.015 147.092
201409 106.047 94.576 146.448
201412 109.290 98.819 144.446
201503 113.091 98.388 150.125
201506 113.388 99.766 148.440
201509 104.330 101.037 134.864
201512 107.225 102.133 137.119
201603 110.160 102.764 140.007
201606 111.248 103.212 140.776
201609 114.382 104.142 143.449
201612 114.989 105.222 142.730
201703 119.011 106.476 145.983
201706 127.324 107.722 154.374
201709 167.862 108.020 202.961
201712 169.940 109.017 203.596
201803 172.832 110.097 205.030
201806 169.297 111.085 199.050
201809 200.463 111.135 235.587
201812 202.813 112.430 235.603
201903 0.000 112.829 0.000
201906 206.033 114.730 234.545
201909 203.494 114.905 231.303
201912 205.445 115.486 232.345
202003 187.844 116.252 211.039
202006 191.793 116.630 214.778
202009 193.352 116.397 216.958
202012 196.551 117.318 218.815
202103 194.627 117.840 215.714
202106 198.883 118.184 219.789
202109 115.468 118.262 127.522
202112 108.046 119.516 118.072
202203 108.360 120.948 117.014
202206 105.468 123.322 111.698
202209 105.393 125.298 109.858
202212 136.988 126.098 141.887
202303 137.287 126.953 141.239
202306 137.979 127.663 141.161
202309 137.477 128.151 140.111
202312 138.245 129.395 139.540
202403 138.523 130.607 138.523

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 Bank Raya Indonesia Tbk  (ISX:AGRO) 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 Bank Raya Indonesia Tbk Cyclically Adjusted PB Ratio Related Terms

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PT Bank Raya Indonesia Tbk (ISX:AGRO) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Warung Jati Barat No.139, Gedung Bank Raya, Jakarta, IDN, 12740
PT Bank Raya Indonesia Tbk is an Indonesian banking corporation. The company provides services of savings deposits, demand deposits, time deposits, cash management, lending services, and other credit facilities. Its operating segments are Consumer, Retail, Middle, and Others. The bank generates its revenues in the form of interest income.