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PT Polychem Indonesia Tbk (ISX:ADMG) Cyclically Adjusted Book per Share : Rp914.26 (As of Mar. 2024)


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What is PT Polychem Indonesia 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 Polychem Indonesia Tbk's adjusted book value per share for the three months ended in Mar. 2024 was Rp493.947. 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 Rp914.26 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Polychem Indonesia Tbk's average Cyclically Adjusted Book Growth Rate was -5.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.20% 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 Polychem Indonesia Tbk was -2.20% per year. The lowest was -2.20% per year. And the median was -2.20% per year.

As of today (2024-05-26), PT Polychem Indonesia Tbk's current stock price is Rp130.00. PT Polychem Indonesia Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp914.26. PT Polychem Indonesia Tbk's Cyclically Adjusted PB Ratio of today is 0.14.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Polychem Indonesia Tbk was 0.25. The lowest was 0.08. And the median was 0.16.


PT Polychem Indonesia Tbk Cyclically Adjusted Book per Share Historical Data

The historical data trend for PT Polychem Indonesia 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 Polychem Indonesia Tbk Cyclically Adjusted Book per Share Chart

PT Polychem Indonesia 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 - 989.41 970.16 977.77 925.23

PT Polychem 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 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 967.97 956.54 938.75 925.23 914.26

Competitive Comparison of PT Polychem Indonesia Tbk's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, PT Polychem 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 Polychem Indonesia Tbk's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, PT Polychem Indonesia Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PT Polychem Indonesia 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 Polychem 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)
=493.947/130.6070*130.6070
=493.947

Current CPI (Mar. 2024) = 130.6070.

PT Polychem Indonesia Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 946.553 93.015 1,329.105
201409 956.184 94.576 1,320.465
201412 930.839 98.819 1,230.265
201503 954.590 98.388 1,267.194
201506 968.375 99.766 1,267.731
201509 1,054.038 101.037 1,362.523
201512 950.985 102.133 1,216.116
201603 880.555 102.764 1,119.135
201606 843.386 103.212 1,067.238
201609 794.629 104.142 996.560
201612 848.101 105.222 1,052.708
201703 853.584 106.476 1,047.035
201706 833.617 107.722 1,010.719
201709 833.933 108.020 1,008.305
201712 836.611 109.017 1,002.296
201803 880.063 110.097 1,044.015
201806 942.227 111.085 1,107.816
201809 970.805 111.135 1,140.905
201812 907.573 112.430 1,054.305
201903 884.907 112.829 1,024.343
201906 851.783 114.730 969.656
201909 809.422 114.905 920.034
201912 742.832 115.486 840.094
202003 835.298 116.252 938.440
202006 709.808 116.630 794.873
202009 693.772 116.397 778.472
202012 611.927 117.318 681.241
202103 636.316 117.840 705.257
202106 648.045 118.184 716.165
202109 637.197 118.262 703.714
202112 630.592 119.516 689.110
202203 613.319 120.948 662.298
202206 606.014 123.322 641.811
202209 593.437 125.298 618.580
202212 587.590 126.098 608.602
202303 532.421 126.953 547.747
202306 528.358 127.663 540.543
202309 536.431 128.151 546.710
202312 499.484 129.395 504.164
202403 493.947 130.607 493.947

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


PT Polychem Indonesia Tbk  (ISX:ADMG) 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 Polychem Indonesia Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=130.00/914.26
=0.14

* 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 Polychem Indonesia Tbk was 0.25. The lowest was 0.08. And the median was 0.16.


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 Polychem Indonesia Tbk Cyclically Adjusted Book per Share Related Terms

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


PT Polychem Indonesia Tbk (ISX:ADMG) Business Description

Traded in Other Exchanges
Address
Jalan Jend. Sudirman Kavling 1 RT.010 RW.009, Gedung Wisma 46-Kota BNI 20th Floor, Karet Tengsin Tanah Abang Kota Adm., Jakarta Pusat DKI, Jakarta, IDN, 10220
PT Polychem Indonesia Tbk is an Indonesia-based company that manufactures polyester chips, polyester filaments, engineering plastic, engineering resin, ethylene glycol, polyester staple fiber, and petrochemical. The company is also engaged in knitting, weaving, spinning, and textile manufacturing. The Company markets its products to various countries in Asia, the Middle East, North America, Canada, and Latin America. The Company has also penetrated into European and African markets.

PT Polychem Indonesia Tbk (ISX:ADMG) Headlines

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