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PT Bank Pembangunan Daerah Jawa Timur Tbk (ISX:BJTM) Cyclically Adjusted Book per Share : Rp664.81 (As of Mar. 2024)


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What is PT Bank Pembangunan Daerah Jawa Timur 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 Pembangunan Daerah Jawa Timur Tbk's adjusted book value per share for the three months ended in Mar. 2024 was Rp774.693. 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 Rp664.81 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Bank Pembangunan Daerah Jawa Timur Tbk's average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.70% 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 Pembangunan Daerah Jawa Timur Tbk was 9.50% per year. The lowest was 7.70% per year. And the median was 8.60% per year.

As of today (2024-05-26), PT Bank Pembangunan Daerah Jawa Timur Tbk's current stock price is Rp570.00. PT Bank Pembangunan Daerah Jawa Timur Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp664.81. PT Bank Pembangunan Daerah Jawa Timur Tbk's Cyclically Adjusted PB Ratio of today is 0.86.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Bank Pembangunan Daerah Jawa Timur Tbk was 1.86. The lowest was 0.87. And the median was 1.21.


PT Bank Pembangunan Daerah Jawa Timur Tbk Cyclically Adjusted Book per Share Historical Data

The historical data trend for PT Bank Pembangunan Daerah Jawa Timur 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 Pembangunan Daerah Jawa Timur Tbk Cyclically Adjusted Book per Share Chart

PT Bank Pembangunan Daerah Jawa Timur 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 463.98 519.88 559.40 609.94 652.15

PT Bank Pembangunan Daerah Jawa Timur 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 621.03 630.58 639.32 652.15 664.81

Competitive Comparison of PT Bank Pembangunan Daerah Jawa Timur Tbk's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, PT Bank Pembangunan Daerah Jawa Timur 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 Pembangunan Daerah Jawa Timur Tbk's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where PT Bank Pembangunan Daerah Jawa Timur Tbk's Cyclically Adjusted PB Ratio falls into.



PT Bank Pembangunan Daerah Jawa Timur 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 Pembangunan Daerah Jawa Timur 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)
=774.693/130.6070*130.6070
=774.693

Current CPI (Mar. 2024) = 130.6070.

PT Bank Pembangunan Daerah Jawa Timur Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 378.599 93.015 531.611
201409 391.980 94.576 541.314
201412 405.132 98.819 535.452
201503 422.390 98.388 560.712
201506 397.788 99.766 520.757
201509 409.329 101.037 529.127
201512 422.013 102.133 539.668
201603 399.687 102.764 507.979
201606 416.329 103.212 526.831
201609 470.524 104.142 590.093
201612 482.404 105.222 598.785
201703 463.314 106.476 568.317
201706 489.958 107.722 594.050
201709 506.035 108.020 611.845
201712 521.955 109.017 625.325
201803 503.056 110.097 596.773
201806 533.804 111.085 627.616
201809 554.161 111.135 651.259
201812 565.622 112.430 657.069
201903 593.321 112.829 686.811
201906 574.477 114.730 653.975
201909 596.428 114.905 677.933
201912 601.341 115.486 680.077
202003 636.679 116.252 715.295
202006 610.800 116.630 684.000
202009 642.292 116.397 720.707
202012 666.308 117.318 741.782
202103 698.173 117.840 773.816
202106 671.953 118.184 742.586
202109 702.983 118.262 776.367
202112 726.618 119.516 794.047
202203 697.351 120.948 753.041
202206 710.931 123.322 752.925
202209 726.457 125.298 757.235
202212 762.270 126.098 789.529
202303 782.944 126.953 805.482
202306 765.646 127.663 783.303
202309 782.372 128.151 797.364
202312 809.235 129.395 816.817
202403 774.693 130.607 774.693

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


PT Bank Pembangunan Daerah Jawa Timur Tbk  (ISX:BJTM) 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 Pembangunan Daerah Jawa Timur Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=570.00/664.81
=0.86

* 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 Pembangunan Daerah Jawa Timur Tbk was 1.86. The lowest was 0.87. And the median was 1.21.


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 Pembangunan Daerah Jawa Timur Tbk Cyclically Adjusted Book per Share Related Terms

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


PT Bank Pembangunan Daerah Jawa Timur Tbk (ISX:BJTM) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Basuki Rachmat No. 98 - 104, Surabaya, IDN, 60271
PT Bank Pembangunan Daerah Jawa Timur Tbk is an Indonesian bank. The bank generates all of its revenue domestically. The bank operates under two segments: conventional and Sharia. The conventional segment includes deposits in local and foreign currency, savings accounts, checking accounts, capital loans, property construction loans, working-capital finance, mortgages, small and midsize enterprise loans, personal loans, mobile banking, debit cards, and safety deposit boxes. The Sharia segment provides banking services in accordance with Islamic traditions. The bank generates majority of its revenue from conventional services.

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