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PT Polychem Indonesia Tbk (ISX:ADMG) Cyclically Adjusted PB Ratio : 0.14 (As of May. 26, 2024)


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What is PT Polychem Indonesia Tbk Cyclically Adjusted PB Ratio?

As of today (2024-05-26), PT Polychem Indonesia Tbk's current share price is Rp130.00. PT Polychem Indonesia Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp914.26. PT Polychem Indonesia Tbk's Cyclically Adjusted PB Ratio for today is 0.14.

The historical rank and industry rank for PT Polychem Indonesia Tbk's Cyclically Adjusted PB Ratio or its related term are showing as below:

ISX:ADMG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.16   Max: 0.25
Current: 0.14

During the past years, PT Polychem Indonesia Tbk's highest Cyclically Adjusted PB Ratio was 0.25. The lowest was 0.08. And the median was 0.16.

ISX:ADMG's Cyclically Adjusted PB Ratio is ranked better than
98.82% of 1104 companies
in the Chemicals industry
Industry Median: 1.68 vs ISX:ADMG: 0.14

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 Polychem Indonesia Tbk's adjusted book value per share data for the three months ended in Mar. 2024 was Rp493.947. 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 Rp914.26 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Polychem Indonesia Tbk Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PT Polychem Indonesia Tbk's Cyclically Adjusted PB Ratio 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 Polychem Indonesia Tbk Cyclically Adjusted PB Ratio Chart

PT Polychem Indonesia Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.24 0.21 0.15 0.15

PT Polychem 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 PB Ratio 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 0.14 0.14 0.16 0.15 0.15

Competitive Comparison of PT Polychem Indonesia Tbk's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, PT Polychem 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 Polychem Indonesia Tbk's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, PT Polychem Indonesia Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PT Polychem Indonesia Tbk Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

PT Polychem Indonesia Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=130.00/914.26
=0.14

* 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.

PT Polychem Indonesia Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, PT Polychem 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)
=493.947/130.6070*130.6070
=493.947

Current CPI (Mar. 2024) = 130.6070.

PT Polychem Indonesia Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 946.553 93.015 1,329.105
201409 956.184 94.576 1,320.465
201412 930.839 98.819 1,230.265
201503 954.590 98.388 1,267.194
201506 968.375 99.766 1,267.731
201509 1,054.038 101.037 1,362.523
201512 950.985 102.133 1,216.116
201603 880.555 102.764 1,119.135
201606 843.386 103.212 1,067.238
201609 794.629 104.142 996.560
201612 848.101 105.222 1,052.708
201703 853.584 106.476 1,047.035
201706 833.617 107.722 1,010.719
201709 833.933 108.020 1,008.305
201712 836.611 109.017 1,002.296
201803 880.063 110.097 1,044.015
201806 942.227 111.085 1,107.816
201809 970.805 111.135 1,140.905
201812 907.573 112.430 1,054.305
201903 884.907 112.829 1,024.343
201906 851.783 114.730 969.656
201909 809.422 114.905 920.034
201912 742.832 115.486 840.094
202003 835.298 116.252 938.440
202006 709.808 116.630 794.873
202009 693.772 116.397 778.472
202012 611.927 117.318 681.241
202103 636.316 117.840 705.257
202106 648.045 118.184 716.165
202109 637.197 118.262 703.714
202112 630.592 119.516 689.110
202203 613.319 120.948 662.298
202206 606.014 123.322 641.811
202209 593.437 125.298 618.580
202212 587.590 126.098 608.602
202303 532.421 126.953 547.747
202306 528.358 127.663 540.543
202309 536.431 128.151 546.710
202312 499.484 129.395 504.164
202403 493.947 130.607 493.947

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


PT Polychem Indonesia Tbk  (ISX:ADMG) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


PT Polychem Indonesia Tbk Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of PT Polychem Indonesia Tbk's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Polychem Indonesia Tbk (ISX:ADMG) Business Description

Traded in Other Exchanges
Address
Jalan Jend. Sudirman Kavling 1 RT.010 RW.009, Gedung Wisma 46-Kota BNI 20th Floor, Karet Tengsin Tanah Abang Kota Adm., Jakarta Pusat DKI, Jakarta, IDN, 10220
PT Polychem Indonesia Tbk is an Indonesia-based company that manufactures polyester chips, polyester filaments, engineering plastic, engineering resin, ethylene glycol, polyester staple fiber, and petrochemical. The company is also engaged in knitting, weaving, spinning, and textile manufacturing. The Company markets its products to various countries in Asia, the Middle East, North America, Canada, and Latin America. The Company has also penetrated into European and African markets.

PT Polychem Indonesia Tbk (ISX:ADMG) Headlines

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