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PT Semen Indonesia (Persero) Tbk (FRA:SMS2) Cyclically Adjusted Book per Share : €0.33 (As of Mar. 2024)


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What is PT Semen Indonesia (Persero) 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 Semen Indonesia (Persero) Tbk's adjusted book value per share for the three months ended in Mar. 2024 was €0.386. 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 €0.33 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Semen Indonesia (Persero) Tbk's average Cyclically Adjusted Book Growth Rate was 5.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.00% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of PT Semen Indonesia (Persero) Tbk was 7.70% per year. The lowest was 7.00% per year. And the median was 7.35% per year.

As of today (2024-06-10), PT Semen Indonesia (Persero) Tbk's current stock price is €0.208. PT Semen Indonesia (Persero) Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.33. PT Semen Indonesia (Persero) Tbk's Cyclically Adjusted PB Ratio of today is 0.63.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Semen Indonesia (Persero) Tbk was 3.32. The lowest was 0.58. And the median was 1.58.


PT Semen Indonesia (Persero) Tbk Cyclically Adjusted Book per Share Historical Data

The historical data trend for PT Semen Indonesia (Persero) 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 Semen Indonesia (Persero) Tbk Cyclically Adjusted Book per Share Chart

PT Semen Indonesia (Persero) 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 0.29 0.28 0.31 0.32 0.33

PT Semen Indonesia (Persero) 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 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 0.34 0.34 0.34 0.33 0.33

Competitive Comparison of PT Semen Indonesia (Persero) Tbk's Cyclically Adjusted Book per Share

For the Building Materials subindustry, PT Semen Indonesia (Persero) 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 Semen Indonesia (Persero) Tbk's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, PT Semen Indonesia (Persero) Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Semen Indonesia (Persero) Tbk's Cyclically Adjusted PB Ratio falls into.



PT Semen Indonesia (Persero) 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 Semen Indonesia (Persero) 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)
=0.386/130.6070*130.6070
=0.386

Current CPI (Mar. 2024) = 130.6070.

PT Semen Indonesia (Persero) Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.220 93.015 0.309
201409 0.241 94.576 0.333
201412 0.264 98.819 0.349
201503 0.301 98.388 0.400
201506 0.272 99.766 0.356
201509 0.258 101.037 0.334
201512 0.296 102.133 0.379
201603 0.311 102.764 0.395
201606 0.300 103.212 0.380
201609 0.315 104.142 0.395
201612 0.344 105.222 0.427
201703 0.329 106.476 0.404
201706 0.317 107.722 0.384
201709 0.299 108.020 0.362
201712 0.299 109.017 0.358
201803 0.290 110.097 0.344
201806 0.290 111.085 0.341
201809 0.291 111.135 0.342
201812 0.318 112.430 0.369
201903 0.327 112.829 0.379
201906 0.319 114.730 0.363
201909 0.336 114.905 0.382
201912 0.351 115.486 0.397
202003 0.307 116.252 0.345
202006 0.342 116.630 0.383
202009 0.322 116.397 0.361
202012 0.358 117.318 0.399
202103 0.325 117.840 0.360
202106 0.326 118.184 0.360
202109 0.344 118.262 0.380
202112 0.402 119.516 0.439
202203 0.380 120.948 0.410
202206 0.390 123.322 0.413
202209 0.413 125.298 0.430
202212 0.380 126.098 0.394
202303 0.397 126.953 0.408
202306 0.381 127.663 0.390
202309 0.382 128.151 0.389
202312 0.381 129.395 0.385
202403 0.386 130.607 0.386

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


PT Semen Indonesia (Persero) Tbk  (FRA:SMS2) 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 Semen Indonesia (Persero) Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.208/0.33
=0.63

* 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 Semen Indonesia (Persero) Tbk was 3.32. The lowest was 0.58. And the median was 1.58.


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 Semen Indonesia (Persero) Tbk Cyclically Adjusted Book per Share Related Terms

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


PT Semen Indonesia (Persero) Tbk (FRA:SMS2) Business Description

Traded in Other Exchanges
Address
Jalan R.A. Kartini Kav. 8, South Quarter, Tower A, Lantai 19th - 20th Floor, Cilandak Barat, South Jakarta, Jakarta, IDN, 12430
PT Semen Indonesia (Persero) Tbk is engaged in the manufacturing industry, especially cement & its derivatives, other building materials, as well as related business activities both upstream and downstream. The company operates in two segments; the Cement Production Segment produces and markets cement products in Indonesia, and Vietnam, as well as various export destination countries, including Bangladesh, Australia, the Philippines, Taiwan, China, and several other countries, and The non-cement production segment, consists of mining limestone and clay, manufacturing packaging bags, developing industrial estates, finished and ready-to-use concrete, information system services, logistics, and trading. It generates a majority of its revenue from the cement segment.

PT Semen Indonesia (Persero) Tbk (FRA:SMS2) Headlines

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