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PT Erajaya Swasembada Tbk (ISX:ERAA) Cyclically Adjusted PB Ratio : 1.15 (As of May. 24, 2024)


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What is PT Erajaya Swasembada Tbk Cyclically Adjusted PB Ratio?

As of today (2024-05-24), PT Erajaya Swasembada Tbk's current share price is Rp404.00. PT Erajaya Swasembada Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp350.18. PT Erajaya Swasembada Tbk's Cyclically Adjusted PB Ratio for today is 1.15.

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

ISX:ERAA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.65   Max: 2.53
Current: 1.17

During the past years, PT Erajaya Swasembada Tbk's highest Cyclically Adjusted PB Ratio was 2.53. The lowest was 1.01. And the median was 1.65.

ISX:ERAA's Cyclically Adjusted PB Ratio is ranked better than
50.34% of 731 companies
in the Retail - Cyclical industry
Industry Median: 1.18 vs ISX:ERAA: 1.17

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 Erajaya Swasembada Tbk's adjusted book value per share data for the three months ended in Mar. 2024 was Rp480.916. 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 Rp350.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Erajaya Swasembada Tbk Cyclically Adjusted PB Ratio Historical Data

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

PT Erajaya Swasembada 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 - 1.71 2.09 1.24 1.25

PT Erajaya Swasembada 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 1.62 1.45 1.35 1.25 1.23

Competitive Comparison of PT Erajaya Swasembada Tbk's Cyclically Adjusted PB Ratio

For the Specialty Retail subindustry, PT Erajaya Swasembada 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 Erajaya Swasembada Tbk's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PT Erajaya Swasembada Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PT Erajaya Swasembada 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 Erajaya Swasembada Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=404.00/350.18
=1.15

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

For example, PT Erajaya Swasembada 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)
=480.916/130.6070*130.6070
=480.916

Current CPI (Mar. 2024) = 130.6070.

PT Erajaya Swasembada Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 197.254 93.015 276.975
201409 201.970 94.576 278.915
201412 203.883 98.819 269.467
201503 208.934 98.388 277.354
201506 207.802 99.766 272.040
201509 211.140 101.037 272.934
201512 216.433 102.133 276.774
201603 220.631 102.764 280.409
201606 220.880 103.212 279.506
201609 225.529 104.142 282.840
201612 230.933 105.222 286.646
201703 235.381 106.476 288.726
201706 240.517 107.722 291.615
201709 242.348 108.020 293.022
201712 250.159 109.017 299.701
201803 264.370 110.097 313.621
201806 293.561 111.085 345.152
201809 279.363 111.135 328.312
201812 294.219 112.430 341.787
201903 326.712 112.829 378.192
201906 291.016 114.730 331.288
201909 294.548 114.905 334.800
201912 302.307 115.486 341.889
202003 310.370 116.252 348.694
202006 309.791 116.630 346.917
202009 321.867 116.397 361.162
202012 340.208 117.318 378.744
202103 354.508 117.840 392.917
202106 358.308 118.184 395.972
202109 368.163 118.262 406.595
202112 386.133 119.516 421.966
202203 405.002 120.948 437.345
202206 395.125 123.322 418.465
202209 404.492 125.298 421.629
202212 427.179 126.098 442.455
202303 440.807 126.953 453.496
202306 433.897 127.663 443.903
202309 437.220 128.151 445.598
202312 463.991 129.395 468.338
202403 480.916 130.607 480.916

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 Erajaya Swasembada Tbk  (ISX:ERAA) 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 Erajaya Swasembada Tbk Cyclically Adjusted PB Ratio Related Terms

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


PT Erajaya Swasembada Tbk (ISX:ERAA) Business Description

Traded in Other Exchanges
N/A
Address
Jl. Bandengan Selatan No. 19-20, Pekojan - Tambora, Jakarta, IDN, 11240
PT Erajaya Swasembada Tbk engages in the distribution business and retail trading of mobile telecommunication devices such as mobile phones and tablets, subscriber identity module card (SIM), mobile operator network voucher top-up, accessories, and gadgets such as computers and other electronic devices.

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