GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » PT Bank QNB Indonesia Tbk (ISX:BKSW) » Definitions » Cyclically Adjusted Book per Share

PT Bank QNB Indonesia Tbk (ISX:BKSW) Cyclically Adjusted Book per Share : Rp241.38 (As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

What is PT Bank QNB 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 Bank QNB Indonesia Tbk's adjusted book value per share for the three months ended in Mar. 2024 was Rp133.577. 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 Rp241.38 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Bank QNB Indonesia Tbk's average Cyclically Adjusted Book Growth Rate was -1.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.10% 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 QNB Indonesia Tbk was 2.10% per year. The lowest was 2.10% per year. And the median was 2.10% per year.

As of today (2024-06-08), PT Bank QNB Indonesia Tbk's current stock price is Rp53.00. PT Bank QNB Indonesia Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp241.38. PT Bank QNB Indonesia Tbk's Cyclically Adjusted PB Ratio of today is 0.22.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Bank QNB Indonesia Tbk was 1.46. The lowest was 0.21. And the median was 0.44.


PT Bank QNB Indonesia Tbk Cyclically Adjusted Book per Share Historical Data

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

PT Bank QNB 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 - 227.33 227.99 242.40 241.87

PT Bank QNB 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 245.36 243.88 242.26 241.87 241.38

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

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

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

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



PT Bank QNB 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 Bank QNB 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)
=133.577/130.6070*130.6070
=133.577

Current CPI (Mar. 2024) = 130.6070.

PT Bank QNB Indonesia Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 194.450 93.015 273.038
201409 196.005 94.576 270.678
201412 202.935 98.819 268.214
201503 205.344 98.388 272.589
201506 207.018 99.766 271.014
201509 209.164 101.037 270.380
201512 217.195 102.133 277.748
201603 215.210 102.764 273.520
201606 206.908 103.212 261.826
201609 196.104 104.142 245.938
201612 311.606 105.222 386.782
201703 313.520 106.476 384.574
201706 327.495 107.722 397.072
201709 206.314 108.020 249.453
201712 234.819 109.017 281.323
201803 231.975 110.097 275.191
201806 190.568 111.085 224.059
201809 187.444 111.135 220.287
201812 228.611 112.430 265.572
201903 0.000 112.829 0.000
201906 225.946 114.730 257.213
201909 226.815 114.905 257.811
201912 229.468 115.486 259.513
202003 199.247 116.252 223.850
202006 173.859 116.630 194.695
202009 167.759 116.397 188.240
202012 201.228 117.318 224.022
202103 192.963 117.840 213.869
202106 172.375 118.184 190.494
202109 171.179 118.262 189.048
202112 197.025 119.516 215.309
202203 199.190 120.948 215.097
202206 199.053 123.322 210.811
202209 179.466 125.298 187.070
202212 227.699 126.098 235.842
202303 230.926 126.953 237.574
202306 134.720 127.663 137.827
202309 135.386 128.151 137.980
202312 133.439 129.395 134.689
202403 133.577 130.607 133.577

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


PT Bank QNB Indonesia Tbk  (ISX:BKSW) 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 QNB Indonesia Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=53.00/241.38
=0.22

* 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 QNB Indonesia Tbk was 1.46. The lowest was 0.21. And the median was 0.44.


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 QNB Indonesia Tbk Cyclically Adjusted Book per Share Related Terms

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


PT Bank QNB Indonesia Tbk (ISX:BKSW) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Jalan Jendral Sudirman Kavling 52-53, Revenue Tower, 8th Floor, District 8, SCBD Lot 13, Jakarta, IDN, 12190
PT Bank QNB Indonesia Tbk is a financial institution engaged in providing personal banking and wholesale banking services including savings accounts, deposits, demand deposits, term deposits, current accounts and cash management. It also offers loans and advances, overdrafts, credit facilities, borrowings and other credit facilities. In addition, it offers services of debit and credit cards, safe deposit box, export-import services, fund transfer, and related services. The group operates its business in the lines of Credit, Treasury, and Trade finance. The majority of the company's revenue comprises of interest and dividend income, fees, and commission received from domestic business. It has a geographical presence in the Indonesian locations of Jakarta, Sumatera, Jawa, and Wilayah Timur.

PT Bank QNB Indonesia Tbk (ISX:BKSW) Headlines

No Headlines