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PT MNC Sky Vision Tbk (ISX:MSKY) Cyclically Adjusted Book per Share : Rp269.89 (As of Dec. 2023)


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What is PT MNC Sky Vision 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 Sky Vision Tbk's adjusted book value per share for the three months ended in Dec. 2023 was Rp196.173. 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 Rp269.89 for the trailing ten years ended in Dec. 2023.

During the past 12 months, PT MNC Sky Vision Tbk's average Cyclically Adjusted Book Growth Rate was -5.30% 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 Sky Vision Tbk's current stock price is Rp50.00. PT MNC Sky Vision Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was Rp269.89. PT MNC Sky Vision 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 Sky Vision Tbk was 2.17. The lowest was 0.19. And the median was 0.76.


PT MNC Sky Vision Tbk Cyclically Adjusted Book per Share Historical Data

The historical data trend for PT MNC Sky Vision 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 Sky Vision Tbk Cyclically Adjusted Book per Share Chart

PT MNC Sky Vision 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 - - 279.91 285.12 269.89

PT MNC Sky Vision Tbk Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 285.12 280.53 275.46 271.14 269.89

Competitive Comparison of PT MNC Sky Vision Tbk's Cyclically Adjusted Book per Share

For the Entertainment subindustry, PT MNC Sky Vision 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 Sky Vision Tbk's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, PT MNC Sky Vision Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PT MNC Sky Vision 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 Sky Vision Tbk's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=196.173/129.3947*129.3947
=196.173

Current CPI (Dec. 2023) = 129.3947.

PT MNC Sky Vision Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201403 266.345 92.483 372.647
201406 245.199 93.015 341.101
201409 243.155 94.576 332.674
201412 237.437 98.819 310.901
201503 206.816 98.388 271.995
201506 183.629 99.766 238.163
201509 137.448 101.037 176.026
201512 210.951 102.133 267.259
201603 213.761 102.764 269.156
201606 264.252 103.212 331.286
201609 341.643 104.142 424.484
201612 163.365 105.222 200.895
201703 149.988 106.476 182.273
201706 137.801 107.722 165.526
201709 251.007 108.020 300.674
201712 242.991 109.017 288.412
201803 234.625 110.097 275.751
201806 227.839 111.085 265.394
201809 216.697 111.135 252.302
201812 228.523 112.430 263.005
201903 222.896 112.829 255.623
201906 218.825 114.730 246.795
201909 282.941 114.905 318.621
201912 285.143 115.486 319.485
202003 270.120 116.252 300.657
202006 276.754 116.630 307.044
202009 271.344 116.397 301.645
202012 266.252 117.318 293.660
202103 262.654 117.840 288.409
202106 256.558 118.184 280.895
202109 254.584 118.262 278.550
202112 248.232 119.516 268.750
202203 242.449 120.948 259.381
202206 238.705 123.322 250.459
202209 232.432 125.298 240.031
202212 223.732 126.098 229.582
202303 217.790 126.953 221.980
202306 209.398 127.663 212.239
202309 193.649 128.151 195.528
202312 196.173 129.395 196.173

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


PT MNC Sky Vision Tbk  (ISX:MSKY) 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 Sky Vision Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=50.00/269.89
=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 Sky Vision Tbk was 2.17. The lowest was 0.19. And the median was 0.76.


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 Sky Vision Tbk Cyclically Adjusted Book per Share Related Terms

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


PT MNC Sky Vision Tbk (ISX:MSKY) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Raya Panjang Blok Z / III, MNC Vision Tower, Green Garden, Jakarta Barat, Jakarta, IDN, 11520
PT MNC Sky Vision Tbk operates a subscription-based broadcasting service. It is engaged in the retransmission and marketing of several international television programs through satellites . It distributes its service throughout Indonesia. Its segment comprises MNC Vision and Others. The firm's product offerings include Vision Family, Vision Starter, and Vision Lite.

PT MNC Sky Vision Tbk (ISX:MSKY) Headlines

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