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PT Bank MNC Internasional Tbk (ISX:BABP) Cyclically Adjusted Book per Share : Rp98.95 (As of Mar. 2024)


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What is PT Bank MNC Internasional 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 Bank MNC Internasional Tbk's adjusted book value per share for the three months ended in Mar. 2024 was Rp81.048. 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 Rp98.95 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Bank MNC Internasional Tbk's average Cyclically Adjusted Book Growth Rate was -5.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.50% 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 Bank MNC Internasional Tbk was -3.50% per year. The lowest was -3.50% per year. And the median was -3.50% per year.

As of today (2024-06-08), PT Bank MNC Internasional Tbk's current stock price is Rp50.00. PT Bank MNC Internasional Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp98.95. PT Bank MNC Internasional Tbk's Cyclically Adjusted PB Ratio of today is 0.51.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Bank MNC Internasional Tbk was 5.64. The lowest was 0.42. And the median was 0.80.


PT Bank MNC Internasional Tbk Cyclically Adjusted Book per Share Historical Data

The historical data trend for PT Bank MNC Internasional 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 Bank MNC Internasional Tbk Cyclically Adjusted Book per Share Chart

PT Bank MNC Internasional 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 - 111.76 106.85 105.09 100.43

PT Bank MNC Internasional 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 104.19 102.65 101.26 100.43 98.95

Competitive Comparison of PT Bank MNC Internasional Tbk's Cyclically Adjusted Book per Share

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

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

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



PT Bank MNC Internasional 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 Bank MNC Internasional 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)
=81.048/130.6070*130.6070
=81.048

Current CPI (Mar. 2024) = 130.6070.

PT Bank MNC Internasional Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 150.692 93.015 211.595
201409 229.397 94.576 316.791
201412 82.038 98.819 108.427
201503 86.391 98.388 114.682
201506 86.274 99.766 112.944
201509 86.033 101.037 111.212
201512 89.296 102.133 114.191
201603 89.947 102.764 114.317
201606 97.683 103.212 123.610
201609 97.660 104.142 122.477
201612 90.392 105.222 112.199
201703 88.379 106.476 108.409
201706 88.322 107.722 107.086
201709 87.310 108.020 105.566
201712 58.912 109.017 70.579
201803 63.517 110.097 75.350
201806 63.163 111.085 74.263
201809 63.527 111.135 74.658
201812 65.641 112.430 76.254
201903 66.117 112.829 76.535
201906 61.768 114.730 70.316
201909 61.968 114.905 70.436
201912 61.557 115.486 69.617
202003 59.686 116.252 67.056
202006 60.148 116.630 67.356
202009 60.307 116.397 67.670
202012 61.233 117.318 68.169
202103 59.955 117.840 66.451
202106 60.669 118.184 67.046
202109 73.871 118.262 81.582
202112 81.239 119.516 88.778
202203 75.437 120.948 81.461
202206 75.777 123.322 80.253
202209 76.148 125.298 79.374
202212 85.009 126.098 88.049
202303 105.706 126.953 108.749
202306 106.214 127.663 108.663
202309 105.513 128.151 107.535
202312 106.245 129.395 107.240
202403 81.048 130.607 81.048

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


PT Bank MNC Internasional Tbk  (ISX:BABP) 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 Bank MNC Internasional Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=50.00/98.95
=0.51

* 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 Bank MNC Internasional Tbk was 5.64. The lowest was 0.42. And the median was 0.80.


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 Bank MNC Internasional Tbk Cyclically Adjusted Book per Share Related Terms

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


PT Bank MNC Internasional Tbk (ISX:BABP) Business Description

Traded in Other Exchanges
N/A
Address
Lantai 6,7,8. Jl. Kebon Sirih Number 21-27, Gedung MNC Financial Center, Jakarta Pusat, Jakarta, IDN, 10340
PT Bank MNC Internasional Tbk provides banking services in Indonesia. The company's products consist of deposits products which include savings, current accounts, and deposits; loans products that include working capital loans, property ownership loans, credit cards; and other services include treasury, trade finance, mobile banking, bancassurance, among others. Its segments include Business that serves corporate customers and debtors, Consumer that serves individual customers and debtors, Treasury that provides money market, trading and treasury services, and Others. Majority of the revenue is derived from the services provided to the corporate customers.

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