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PT Elnusa Tbk (ISX:ELSA) Cyclically Adjusted Book per Share : Rp526.45 (As of Mar. 2024)


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What is PT Elnusa 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 Elnusa Tbk's adjusted book value per share for the three months ended in Mar. 2024 was Rp629.948. 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 Rp526.45 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Elnusa Tbk's average Cyclically Adjusted Book Growth Rate was 6.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.40% 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 Elnusa Tbk was 6.40% per year. The lowest was 5.60% per year. And the median was 6.00% per year.

As of today (2024-06-10), PT Elnusa Tbk's current stock price is Rp414.00. PT Elnusa Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp526.45. PT Elnusa Tbk's Cyclically Adjusted PB Ratio of today is 0.79.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Elnusa Tbk was 1.10. The lowest was 0.33. And the median was 0.70.


PT Elnusa Tbk Cyclically Adjusted Book per Share Historical Data

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

PT Elnusa 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 413.55 429.75 448.05 487.67 517.05

PT Elnusa 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 495.02 501.46 507.85 517.05 526.45

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

For the Oil & Gas Equipment & Services subindustry, PT Elnusa 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 Elnusa Tbk's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PT Elnusa Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PT Elnusa 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 Elnusa 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)
=629.948/130.6070*130.6070
=629.948

Current CPI (Mar. 2024) = 130.6070.

PT Elnusa Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 317.512 93.015 445.835
201409 332.583 94.576 459.288
201412 345.033 98.819 456.021
201503 358.521 98.388 475.927
201506 328.216 99.766 429.678
201509 341.046 101.037 440.860
201512 356.358 102.133 455.709
201603 369.212 102.764 469.247
201606 365.203 103.212 462.136
201609 369.725 104.142 463.679
201612 389.046 105.222 482.905
201703 390.340 106.476 478.804
201706 387.229 107.722 469.496
201709 396.979 108.020 479.986
201712 417.550 109.017 500.243
201803 427.264 110.097 506.861
201806 431.985 111.085 507.903
201809 444.747 111.135 522.674
201812 451.941 112.430 525.009
201903 462.336 112.829 535.187
201906 461.754 114.730 525.653
201909 473.196 114.905 537.861
201912 489.832 115.486 553.968
202003 496.926 116.252 558.286
202006 507.082 116.630 567.852
202009 504.201 116.397 565.757
202012 512.357 117.318 570.393
202103 512.577 117.840 568.111
202106 518.228 118.184 572.702
202109 508.598 118.262 561.690
202112 517.439 119.516 565.456
202203 527.706 120.948 569.848
202206 552.137 123.322 584.751
202209 553.492 125.298 576.942
202212 563.900 126.098 584.065
202303 579.645 126.953 596.331
202306 572.267 127.663 585.464
202309 593.711 128.151 605.088
202312 604.848 129.395 610.515
202403 629.948 130.607 629.948

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


PT Elnusa Tbk  (ISX:ELSA) 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 Elnusa Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=414.00/526.45
=0.79

* 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 Elnusa Tbk was 1.10. The lowest was 0.33. And the median was 0.70.


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 Elnusa Tbk Cyclically Adjusted Book per Share Related Terms

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


PT Elnusa Tbk (ISX:ELSA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PT Elnusa Tbk (ISX:ELSA) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
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Address
Jalan T.B. Simatupang Kav. 1 B, Graha Elnusa, 16th Floor, Jakarta, IDN, 12560
PT Elnusa Tbk is an Indonesian company which provides oil and gas services. The business activities of the group are operated through Upstream oil and gas service, Oil and gas support service, and Energy distribution and logistics services segments. The Upstream oil and gas services segment provides geophysical/seismic data services, oil, and gas drilling service and oilfield services; Oil and gas support services segment provides threading services, threading for oil and gas drilling, data and information on energy and mineral resources management services, oil and gas data management services and others; and Energy distribution and logistics services segment is a key revenue driver that provides storage services, trading, distribution and marketing of oil and gas products in Indonesia.

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