GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » PT MNC Kapital Indonesia Tbk (ISX:BCAP) » Definitions » Cyclically Adjusted Book per Share

PT MNC Kapital Indonesia Tbk (ISX:BCAP) Cyclically Adjusted Book per Share : Rp146.06 (As of Mar. 2024)


View and export this data going back to 2001. Start your Free Trial

What is PT MNC Kapital 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 MNC Kapital Indonesia Tbk's adjusted book value per share for the three months ended in Mar. 2024 was Rp143.590. 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 Rp146.06 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT MNC Kapital Indonesia Tbk's average Cyclically Adjusted Book Growth Rate was 3.20% 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.

As of today (2024-06-10), PT MNC Kapital Indonesia Tbk's current stock price is Rp28.00. PT MNC Kapital Indonesia Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp146.06. PT MNC Kapital Indonesia Tbk's Cyclically Adjusted PB Ratio of today is 0.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT MNC Kapital Indonesia Tbk was 1.13. The lowest was 0.19. And the median was 0.40.


PT MNC Kapital Indonesia Tbk Cyclically Adjusted Book per Share Historical Data

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

PT MNC Kapital 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 - - - 139.62 144.77

PT MNC Kapital 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 141.56 142.46 142.54 144.77 146.06

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

For the Capital Markets subindustry, PT MNC Kapital 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 MNC Kapital Indonesia Tbk's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, PT MNC Kapital Indonesia Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PT MNC Kapital 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 MNC Kapital 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)
=143.59/130.6070*130.6070
=143.590

Current CPI (Mar. 2024) = 130.6070.

PT MNC Kapital Indonesia Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 93.015 0.000
201409 111.343 94.576 153.762
201412 110.264 98.819 145.733
201503 112.261 98.388 149.024
201506 116.235 99.766 152.167
201509 115.643 101.037 149.488
201512 126.667 102.133 161.981
201603 126.822 102.764 161.183
201606 132.392 103.212 167.532
201609 131.663 104.142 165.121
201612 137.617 105.222 170.818
201703 136.540 106.476 167.485
201706 136.068 107.722 164.976
201709 134.742 108.020 162.916
201712 127.740 109.017 153.038
201803 128.809 110.097 152.806
201806 129.710 111.085 152.506
201809 129.324 111.135 151.984
201812 130.674 112.430 151.801
201903 131.304 112.829 151.994
201906 129.801 114.730 147.763
201909 130.751 114.905 148.619
201912 126.548 115.486 143.118
202003 125.053 116.252 140.494
202006 121.300 116.630 135.837
202009 117.414 116.397 131.749
202012 117.326 117.318 130.616
202103 117.644 117.840 130.390
202106 120.099 118.184 132.723
202109 120.853 118.262 133.469
202112 122.347 119.516 133.701
202203 123.916 120.948 133.812
202206 122.963 123.322 130.226
202209 123.195 125.298 128.414
202212 125.617 126.098 130.109
202303 127.842 126.953 131.522
202306 125.415 127.663 128.307
202309 125.307 128.151 127.708
202312 146.432 129.395 147.804
202403 143.590 130.607 143.590

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


PT MNC Kapital Indonesia Tbk  (ISX:BCAP) 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 MNC Kapital Indonesia Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=28.00/146.06
=0.19

* 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 MNC Kapital Indonesia Tbk was 1.13. The lowest was 0.19. And the median was 0.40.


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 MNC Kapital Indonesia Tbk Cyclically Adjusted Book per Share Related Terms

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


PT MNC Kapital Indonesia Tbk (ISX:BCAP) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Kebon Sirih No. 21-27, MNC Financial Center, 21st Floor, MNC Center, Jakarta, IDN, 10340
PT MNC Kapital Indonesia Tbk along with its subsidiaries provides integrated financial services. It has consumer banking, small and medium enterprises, and commercial and corporate business segments. Its services include securities, asset management, finance, life insurance, general insurance, banking, and leasing. The company mainly operates in Indonesia. It generates revenue from banking, investment, insurance, brokerage and undertaking, fund management, multi-finance, and Office space rental segments. The group derives the majority of its revenues from the banking segment.