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PT Semen Baturaja Tbk (ISX:SMBR) Cyclically Adjusted Book per Share : Rp373.04 (As of Mar. 2024)


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What is PT Semen Baturaja 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 Semen Baturaja Tbk's adjusted book value per share for the three months ended in Mar. 2024 was Rp318.903. 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 Rp373.04 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Semen Baturaja Tbk's average Cyclically Adjusted Book Growth Rate was 2.00% 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 Semen Baturaja Tbk's current stock price is Rp224.00. PT Semen Baturaja Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp373.04. PT Semen Baturaja Tbk's Cyclically Adjusted PB Ratio of today is 0.60.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of PT Semen Baturaja Tbk was 1.59. The lowest was 0.54. And the median was 1.00.


PT Semen Baturaja Tbk Cyclically Adjusted Book per Share Historical Data

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

PT Semen Baturaja 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 - - - 364.46 370.44

PT Semen Baturaja 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 365.56 366.90 367.69 370.44 373.04

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

For the Building Materials subindustry, PT Semen Baturaja 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 Semen Baturaja Tbk's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, PT Semen Baturaja Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PT Semen Baturaja 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 Semen Baturaja 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)
=318.903/130.6070*130.6070
=318.903

Current CPI (Mar. 2024) = 130.6070.

PT Semen Baturaja Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 255.351 93.015 358.552
201409 265.253 94.576 366.308
201412 272.736 98.819 360.468
201503 270.806 98.388 359.488
201506 280.357 99.766 367.024
201509 291.384 101.037 376.663
201512 299.802 102.133 383.386
201603 302.532 102.764 384.501
201606 299.822 103.212 379.401
201609 307.184 104.142 385.245
201612 317.222 105.222 393.753
201703 320.462 106.476 393.090
201706 330.996 107.722 401.316
201709 335.726 108.020 405.925
201712 343.869 109.017 411.970
201803 341.151 110.097 404.706
201806 344.141 111.085 404.621
201809 345.532 111.135 406.075
201812 349.723 112.430 406.264
201903 349.812 112.829 404.932
201906 347.920 114.730 396.066
201909 349.119 114.905 396.828
201912 350.591 115.486 396.495
202003 342.855 116.252 385.190
202006 335.041 116.630 375.193
202009 337.443 116.397 378.640
202012 296.696 117.318 330.303
202103 344.655 117.840 381.996
202106 342.858 118.184 378.898
202109 344.010 118.262 379.921
202112 302.634 119.516 330.718
202203 350.101 120.948 378.060
202206 350.564 123.322 371.272
202209 353.581 125.298 368.561
202212 309.605 126.098 320.677
202303 311.766 126.953 320.741
202306 310.554 127.663 317.716
202309 314.313 128.151 320.336
202312 318.392 129.395 321.375
202403 318.903 130.607 318.903

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


PT Semen Baturaja Tbk  (ISX:SMBR) 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 Semen Baturaja Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=224.00/373.04
=0.60

* 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 12 years, the highest Cyclically Adjusted PB Ratio of PT Semen Baturaja Tbk was 1.59. The lowest was 0.54. And the median was 1.00.


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 Semen Baturaja Tbk Cyclically Adjusted Book per Share Related Terms

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


PT Semen Baturaja Tbk (ISX:SMBR) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Abikusno Cokrosuyoso Kertapati, P.O. Box 1175, Palembang, IDN, 30258
PT Semen Baturaja (Persero) Tbk is an Indonesia-based company engaged in cement manufacturing. Its product portfolio includes Ordinary Portland Cement (OPC) Type II; Ordinary Portland Cement (OPC) Type V and Ordinary Portland Cement (OPC) Type I. The company's geographical segment includes South Sumatra, Lampung, Jambi, and Jakarta. It generates maximum revenue from the South Sumatra region.

PT Semen Baturaja Tbk (ISX:SMBR) Headlines

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