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PT Elnusa Tbk (ISX:ELSA) Cyclically Adjusted PB Ratio : 0.79 (As of Jun. 10, 2024)


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What is PT Elnusa Tbk Cyclically Adjusted PB Ratio?

As of today (2024-06-10), PT Elnusa Tbk's current share 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 for today is 0.79.

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

ISX:ELSA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.7   Max: 1.1
Current: 0.79

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

ISX:ELSA's Cyclically Adjusted PB Ratio is ranked better than
56.76% of 828 companies
in the Oil & Gas industry
Industry Median: 1.02 vs ISX:ELSA: 0.79

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Elnusa Tbk Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PT Elnusa 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 Elnusa Tbk Cyclically Adjusted PB Ratio Chart

PT Elnusa 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 0.74 0.82 0.62 0.64 0.75

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 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 0.63 0.67 0.82 0.75 0.73

Competitive Comparison of PT Elnusa Tbk's Cyclically Adjusted PB Ratio

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 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 Elnusa Tbk's Cyclically Adjusted PB Ratio for 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.

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

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.

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 Elnusa Tbk  (ISX:ELSA) 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 Elnusa Tbk Cyclically Adjusted PB Ratio Related Terms

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


PT Elnusa Tbk (ISX:ELSA) Business Description

Industry
Traded in Other Exchanges
N/A
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.

PT Elnusa Tbk (ISX:ELSA) Headlines

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