GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » PT Gajah Tunggal Tbk (ISX:GJTL) » Definitions » Cyclically Adjusted PB Ratio

PT Gajah Tunggal Tbk (ISX:GJTL) Cyclically Adjusted PB Ratio : 0.57 (As of May. 19, 2024)


View and export this data going back to 1990. Start your Free Trial

What is PT Gajah Tunggal Tbk Cyclically Adjusted PB Ratio?

As of today (2024-05-19), PT Gajah Tunggal Tbk's current share price is Rp1205.00. PT Gajah Tunggal Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp2,102.26. PT Gajah Tunggal Tbk's Cyclically Adjusted PB Ratio for today is 0.57.

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

ISX:GJTL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.36   Max: 0.63
Current: 0.57

During the past years, PT Gajah Tunggal Tbk's highest Cyclically Adjusted PB Ratio was 0.63. The lowest was 0.14. And the median was 0.36.

ISX:GJTL's Cyclically Adjusted PB Ratio is ranked better than
79.53% of 928 companies
in the Vehicles & Parts industry
Industry Median: 1.265 vs ISX:GJTL: 0.57

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 Gajah Tunggal Tbk's adjusted book value per share data for the three months ended in Mar. 2024 was Rp2,503.758. 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 Rp2,102.26 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Gajah Tunggal Tbk Cyclically Adjusted PB Ratio Historical Data

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

PT Gajah Tunggal 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 0.32 0.35 0.34 0.27 0.50

PT Gajah Tunggal 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 0.30 0.39 0.36 0.50 0.60

Competitive Comparison of PT Gajah Tunggal Tbk's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, PT Gajah Tunggal 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 Gajah Tunggal Tbk's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, PT Gajah Tunggal Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PT Gajah Tunggal 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 Gajah Tunggal Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1205.00/2102.26
=0.57

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

For example, PT Gajah Tunggal 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)
=2503.758/130.6070*130.6070
=2,503.758

Current CPI (Mar. 2024) = 130.6070.

PT Gajah Tunggal Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,693.454 93.015 2,377.868
201409 1,698.704 94.576 2,345.866
201412 1,617.714 98.819 2,138.090
201503 1,552.891 98.388 2,061.423
201506 1,530.000 99.766 2,002.972
201509 1,445.733 101.037 1,868.856
201512 1,548.079 102.133 1,979.677
201603 1,634.433 102.764 2,077.270
201606 1,691.213 103.212 2,140.096
201609 1,651.385 104.142 2,071.034
201612 1,678.384 105.222 2,083.299
201703 1,738.909 106.476 2,133.006
201706 1,614.754 107.722 1,957.809
201709 1,583.313 108.020 1,914.377
201712 1,632.652 109.017 1,955.988
201803 1,660.756 110.097 1,970.148
201806 1,633.831 111.085 1,920.965
201809 1,601.548 111.135 1,882.164
201812 1,686.320 112.430 1,958.956
201903 1,729.682 112.829 2,002.230
201906 1,724.727 114.730 1,963.401
201909 1,717.795 114.905 1,952.542
201912 1,789.580 115.486 2,023.898
202003 1,739.180 116.252 1,953.932
202006 1,756.904 116.630 1,967.456
202009 1,781.943 116.397 1,999.493
202012 2,020.422 117.318 2,249.280
202103 2,055.241 117.840 2,277.913
202106 2,048.782 118.184 2,264.143
202109 2,010.799 118.262 2,220.706
202112 2,051.840 119.516 2,242.247
202203 2,023.962 120.948 2,185.594
202206 1,999.633 123.322 2,117.750
202209 1,981.090 125.298 2,065.024
202212 2,077.243 126.098 2,151.526
202303 2,125.523 126.953 2,186.709
202306 2,151.368 127.663 2,200.982
202309 2,259.435 128.151 2,302.730
202312 2,396.935 129.395 2,419.392
202403 2,503.758 130.607 2,503.758

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 Gajah Tunggal Tbk  (ISX:GJTL) 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 Gajah Tunggal Tbk Cyclically Adjusted PB Ratio Related Terms

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


PT Gajah Tunggal Tbk (ISX:GJTL) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Hayam Wuruk No. 8, Wisma Hayam Wuruk 10th Floor, Jakarta, IDN, 10120
PT Gajah Tunggal Tbk is a tire manufacturer in Indonesia. Its operating segment consists of the manufacturing of tire, tire cord, synthetic rubber, nylon yarn, and others. The tires are used for passenger and commercial vehicles which include passenger car, truck, bus, motorcycles, and others. The business and sales activities are performed through various countries such as Asia, America, Europe, Middle East, Africa, Australia, and Oceania under the brand GT Radial, Gajah Tunggal, IRC, and Zeneos. It derives a vast majority of its revenue from the manufacture of tires in Java.

PT Gajah Tunggal Tbk (ISX:GJTL) Headlines

No Headlines