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PT MNC Land Tbk (ISX:KPIG) Cyclically Adjusted PB Ratio : 0.20 (As of Jun. 09, 2024)


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What is PT MNC Land Tbk Cyclically Adjusted PB Ratio?

As of today (2024-06-09), PT MNC Land Tbk's current share price is Rp50.00. PT MNC Land Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp245.51. PT MNC Land Tbk's Cyclically Adjusted PB Ratio for today is 0.20.

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

ISX:KPIG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.52   Max: 1.02
Current: 0.2

During the past years, PT MNC Land Tbk's highest Cyclically Adjusted PB Ratio was 1.02. The lowest was 0.20. And the median was 0.52.

ISX:KPIG's Cyclically Adjusted PB Ratio is ranked better than
82.07% of 1389 companies
in the Real Estate industry
Industry Median: 0.71 vs ISX:KPIG: 0.20

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 Land Tbk's adjusted book value per share data for the three months ended in Mar. 2024 was Rp272.437. 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 Rp245.51 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT MNC Land Tbk Cyclically Adjusted PB Ratio Historical Data

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

PT MNC Land 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 0.91 0.62 0.50 0.33 0.26

PT MNC Land 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 0.31 0.29 0.29 0.26 0.25

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

For the Real Estate Services subindustry, PT MNC Land 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 Land Tbk's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PT MNC Land Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=50.00/245.51
=0.20

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

For example, PT MNC Land 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)
=272.437/130.6070*130.6070
=272.437

Current CPI (Mar. 2024) = 130.6070.

PT MNC Land Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 115.932 93.015 162.786
201409 117.286 94.576 161.969
201412 121.354 98.819 160.390
201503 122.890 98.388 163.133
201506 124.366 99.766 162.812
201509 126.595 101.037 163.646
201512 125.165 102.133 160.060
201603 156.329 102.764 198.685
201606 154.426 103.212 195.414
201609 164.021 104.142 205.702
201612 160.296 105.222 198.968
201703 154.048 106.476 188.961
201706 152.373 107.722 184.745
201709 150.879 108.020 182.427
201712 163.954 109.017 196.424
201803 164.081 110.097 194.649
201806 163.988 111.085 192.808
201809 164.818 111.135 193.697
201812 171.219 112.430 198.901
201903 171.215 112.829 198.194
201906 271.417 114.730 308.977
201909 269.187 114.905 305.973
201912 282.421 115.486 319.400
202003 281.834 116.252 316.635
202006 283.328 116.630 317.283
202009 283.724 116.397 318.363
202012 285.525 117.318 317.867
202103 284.500 117.840 315.324
202106 297.577 118.184 328.857
202109 297.267 118.262 328.299
202112 300.933 119.516 328.859
202203 302.571 120.948 326.734
202206 283.555 123.322 300.304
202209 283.371 125.298 295.377
202212 285.005 126.098 295.197
202303 288.219 126.953 296.516
202306 288.766 127.663 295.425
202309 288.064 128.151 293.584
202312 271.922 129.395 274.470
202403 272.437 130.607 272.437

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 Land Tbk  (ISX:KPIG) 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 Land Tbk Cyclically Adjusted PB Ratio Related Terms

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


PT MNC Land Tbk (ISX:KPIG) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Jalan Kebon Sirih Kav. 17-19, MNC Tower 17th Floor, MNC Center, Central Jakarta, IDN, 10340
PT MNC Land Tbk is an Indonesia-based company engaged in construction, trade, industry, and property management services. The business activity of the group functions through hotel, resort, and golf; office space rental; apartment and other properties; and security and other services. Geographically all the operations functioned through the region of Indonesia.

PT MNC Land Tbk (ISX:KPIG) Headlines

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