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PT Elang Mahkota Teknologi Tbk (ISX:EMTK) Cyclically Adjusted PB Ratio : 1.01 (As of Apr. 28, 2024)


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What is PT Elang Mahkota Teknologi Tbk Cyclically Adjusted PB Ratio?

As of today (2024-04-28), PT Elang Mahkota Teknologi Tbk's current share price is Rp350.00. PT Elang Mahkota Teknologi Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was Rp344.95. PT Elang Mahkota Teknologi Tbk's Cyclically Adjusted PB Ratio for today is 1.01.

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

ISX:EMTK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.01   Med: 6.26   Max: 11.85
Current: 1.01

During the past years, PT Elang Mahkota Teknologi Tbk's highest Cyclically Adjusted PB Ratio was 11.85. The lowest was 1.01. And the median was 6.26.

ISX:EMTK's Cyclically Adjusted PB Ratio is ranked better than
51.35% of 631 companies
in the Media - Diversified industry
Industry Median: 1.09 vs ISX:EMTK: 1.01

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 Elang Mahkota Teknologi Tbk's adjusted book value per share data for the three months ended in Dec. 2023 was Rp567.851. 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 Rp344.95 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Elang Mahkota Teknologi Tbk Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PT Elang Mahkota Teknologi 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 Elang Mahkota Teknologi Tbk Cyclically Adjusted PB Ratio Chart

PT Elang Mahkota Teknologi 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 - 6.39 9.03 3.44 1.71

PT Elang Mahkota Teknologi 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 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 3.44 2.54 2.20 1.75 1.71

Competitive Comparison of PT Elang Mahkota Teknologi Tbk's Cyclically Adjusted PB Ratio

For the Broadcasting subindustry, PT Elang Mahkota Teknologi 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 Elang Mahkota Teknologi Tbk's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, PT Elang Mahkota Teknologi Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Elang Mahkota Teknologi Tbk's Cyclically Adjusted PB Ratio falls into.



PT Elang Mahkota Teknologi 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 Elang Mahkota Teknologi Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=350.00/344.95
=1.01

* 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 Elang Mahkota Teknologi Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, PT Elang Mahkota Teknologi 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)
=567.851/128.8650*128.8650
=567.851

Current CPI (Dec. 2023) = 128.8650.

PT Elang Mahkota Teknologi Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201403 140.939 92.483 196.382
201406 150.978 93.015 209.169
201409 200.681 94.576 273.439
201412 247.593 98.819 322.873
201503 263.790 98.388 345.504
201506 237.019 99.766 306.151
201509 246.801 101.037 314.777
201512 243.300 102.133 306.981
201603 240.245 102.764 301.265
201606 246.116 103.212 307.286
201609 250.623 104.142 310.119
201612 247.146 105.222 302.679
201703 248.262 106.476 300.465
201706 264.314 107.722 316.193
201709 269.629 108.020 321.659
201712 257.626 109.017 304.531
201803 252.983 110.097 296.110
201806 248.919 111.085 288.761
201809 248.774 111.135 288.464
201812 211.335 112.430 242.228
201903 208.242 112.829 237.840
201906 195.196 114.730 219.244
201909 190.912 114.905 214.107
201912 175.034 115.486 195.312
202003 172.323 116.252 191.019
202006 167.079 116.630 184.607
202009 175.988 116.397 194.840
202012 194.207 117.318 213.322
202103 337.573 117.840 369.157
202106 339.739 118.184 370.444
202109 353.539 118.262 385.237
202112 470.560 119.516 507.369
202203 549.887 120.948 585.880
202206 537.153 123.324 561.288
202209 578.431 125.300 594.889
202212 587.143 126.099 600.022
202303 580.975 126.954 589.721
202306 574.061 127.666 579.452
202309 578.105 128.155 581.310
202312 567.851 128.865 567.851

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 Elang Mahkota Teknologi Tbk  (ISX:EMTK) 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 Elang Mahkota Teknologi Tbk Cyclically Adjusted PB Ratio Related Terms

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


PT Elang Mahkota Teknologi Tbk (ISX:EMTK) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Asia Afrika Lot 19, SCTV Tower, 18th Floor, Senayan City, Jakarta, IDN, 10270
PT Elang Mahkota Teknologi Tbk is an Indonesian integrated group involved in four business divisions, Media, Solutions, Healthcare, and Others. Media, representing Free-to-Air of television broadcasting under the 4 television channels, Healthcare, representing a wide range of medical services. Its Solutions division offers infrastructure and services in information, communication services, the telecommunication industry, banking, and retail payment. The others represent connectivity including internet service provision, pay-TV service, and wireless broadband service. It derives maximum revenue from the Media segment.

PT Elang Mahkota Teknologi Tbk (ISX:EMTK) Headlines

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