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PT MNC Kapital Indonesia Tbk (ISX:BCAP) Cyclically Adjusted PB Ratio : 0.19 (As of Jun. 10, 2024)


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What is PT MNC Kapital Indonesia Tbk Cyclically Adjusted PB Ratio?

As of today (2024-06-10), PT MNC Kapital Indonesia Tbk's current share price is Rp28.00. PT MNC Kapital Indonesia Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp146.06. PT MNC Kapital Indonesia Tbk's Cyclically Adjusted PB Ratio for today is 0.19.

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

ISX:BCAP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.4   Max: 1.13
Current: 0.19

During the past years, PT MNC Kapital Indonesia Tbk's highest Cyclically Adjusted PB Ratio was 1.13. The lowest was 0.19. And the median was 0.40.

ISX:BCAP's Cyclically Adjusted PB Ratio is ranked better than
92.52% of 588 companies
in the Capital Markets industry
Industry Median: 1.19 vs ISX:BCAP: 0.19

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 Kapital Indonesia Tbk's adjusted book value per share data for the three months ended in Mar. 2024 was Rp143.590. 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 Rp146.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT MNC Kapital Indonesia Tbk Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PT MNC Kapital 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 MNC Kapital Indonesia Tbk Cyclically Adjusted PB Ratio Chart

PT MNC Kapital 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 - - - 0.57 0.35

PT MNC Kapital 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 0.45 0.39 0.36 0.35 0.34

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

For the Capital Markets subindustry, PT MNC Kapital 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 MNC Kapital Indonesia Tbk's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, PT MNC Kapital Indonesia Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=28.00/146.06
=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.

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

For example, PT MNC Kapital 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)
=143.59/130.6070*130.6070
=143.590

Current CPI (Mar. 2024) = 130.6070.

PT MNC Kapital Indonesia Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 93.015 0.000
201409 111.343 94.576 153.762
201412 110.264 98.819 145.733
201503 112.261 98.388 149.024
201506 116.235 99.766 152.167
201509 115.643 101.037 149.488
201512 126.667 102.133 161.981
201603 126.822 102.764 161.183
201606 132.392 103.212 167.532
201609 131.663 104.142 165.121
201612 137.617 105.222 170.818
201703 136.540 106.476 167.485
201706 136.068 107.722 164.976
201709 134.742 108.020 162.916
201712 127.740 109.017 153.038
201803 128.809 110.097 152.806
201806 129.710 111.085 152.506
201809 129.324 111.135 151.984
201812 130.674 112.430 151.801
201903 131.304 112.829 151.994
201906 129.801 114.730 147.763
201909 130.751 114.905 148.619
201912 126.548 115.486 143.118
202003 125.053 116.252 140.494
202006 121.300 116.630 135.837
202009 117.414 116.397 131.749
202012 117.326 117.318 130.616
202103 117.644 117.840 130.390
202106 120.099 118.184 132.723
202109 120.853 118.262 133.469
202112 122.347 119.516 133.701
202203 123.916 120.948 133.812
202206 122.963 123.322 130.226
202209 123.195 125.298 128.414
202212 125.617 126.098 130.109
202303 127.842 126.953 131.522
202306 125.415 127.663 128.307
202309 125.307 128.151 127.708
202312 146.432 129.395 147.804
202403 143.590 130.607 143.590

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 MNC Kapital Indonesia Tbk  (ISX:BCAP) 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 MNC Kapital Indonesia Tbk Cyclically Adjusted PB Ratio Related Terms

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


PT MNC Kapital Indonesia Tbk (ISX:BCAP) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Kebon Sirih No. 21-27, MNC Financial Center, 21st Floor, MNC Center, Jakarta, IDN, 10340
PT MNC Kapital Indonesia Tbk along with its subsidiaries provides integrated financial services. It has consumer banking, small and medium enterprises, and commercial and corporate business segments. Its services include securities, asset management, finance, life insurance, general insurance, banking, and leasing. The company mainly operates in Indonesia. It generates revenue from banking, investment, insurance, brokerage and undertaking, fund management, multi-finance, and Office space rental segments. The group derives the majority of its revenues from the banking segment.