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PT Bukit Asam Tbk (ISX:PTBA) Cyclically Adjusted PB Ratio : 1.55 (As of May. 28, 2024)


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What is PT Bukit Asam Tbk Cyclically Adjusted PB Ratio?

As of today (2024-05-28), PT Bukit Asam Tbk's current share price is Rp2520.00. PT Bukit Asam Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp1,627.83. PT Bukit Asam Tbk's Cyclically Adjusted PB Ratio for today is 1.55.

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

ISX:PTBA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.49   Med: 2.23   Max: 4.76
Current: 1.59

During the past years, PT Bukit Asam Tbk's highest Cyclically Adjusted PB Ratio was 4.76. The lowest was 1.49. And the median was 2.23.

ISX:PTBA's Cyclically Adjusted PB Ratio is ranked worse than
51.09% of 137 companies
in the Other Energy Sources industry
Industry Median: 1.57 vs ISX:PTBA: 1.59

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 Bukit Asam Tbk's adjusted book value per share data for the three months ended in Mar. 2024 was Rp1,944.803. 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 Rp1,627.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Bukit Asam Tbk Cyclically Adjusted PB Ratio Historical Data

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

PT Bukit Asam 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 2.44 2.41 2.15 2.54 1.54

PT Bukit Asam 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 2.67 1.76 1.81 1.54 1.82

Competitive Comparison of PT Bukit Asam Tbk's Cyclically Adjusted PB Ratio

For the Thermal Coal subindustry, PT Bukit Asam 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 Bukit Asam Tbk's Cyclically Adjusted PB Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Bukit Asam Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PT Bukit Asam 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 Bukit Asam Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2520.00/1627.83
=1.55

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

For example, PT Bukit Asam 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)
=1944.803/130.6070*130.6070
=1,944.803

Current CPI (Mar. 2024) = 130.6070.

PT Bukit Asam Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 698.950 93.015 981.433
201409 738.738 94.576 1,020.178
201412 773.441 98.819 1,022.237
201503 754.701 98.388 1,001.846
201506 798.397 99.766 1,045.207
201509 869.122 101.037 1,123.488
201512 870.431 102.133 1,113.104
201603 895.511 102.764 1,138.143
201606 862.293 103.212 1,091.164
201609 898.656 104.142 1,127.022
201612 988.704 105.222 1,227.232
201703 1,060.081 106.476 1,300.332
201706 1,122.070 107.722 1,360.454
201709 1,208.650 108.020 1,461.374
201712 1,291.042 109.017 1,546.725
201803 1,415.130 110.097 1,678.763
201806 1,206.599 111.085 1,418.650
201809 1,394.637 111.135 1,638.999
201812 1,519.408 112.430 1,765.058
201903 1,640.362 112.829 1,898.835
201906 1,446.696 114.730 1,646.895
201909 1,543.981 114.905 1,754.975
201912 1,631.602 115.486 1,845.235
202003 1,765.734 116.252 1,983.765
202006 1,411.911 116.630 1,581.118
202009 1,467.415 116.397 1,646.566
202012 1,498.860 117.318 1,668.639
202103 1,553.991 117.840 1,722.356
202106 1,548.740 118.184 1,711.538
202109 1,809.128 118.262 1,997.982
202112 2,094.476 119.516 2,288.840
202203 2,289.753 120.948 2,472.610
202206 1,954.692 123.322 2,070.155
202209 2,274.426 125.298 2,370.788
202212 2,498.874 126.098 2,588.235
202303 2,565.351 126.953 2,639.198
202306 1,592.391 127.663 1,629.114
202309 1,674.539 128.151 1,706.626
202312 1,865.950 129.395 1,883.432
202403 1,944.803 130.607 1,944.803

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 Bukit Asam Tbk  (ISX:PTBA) 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 Bukit Asam Tbk Cyclically Adjusted PB Ratio Related Terms

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PT Bukit Asam Tbk (ISX:PTBA) Business Description

Traded in Other Exchanges
Address
Jalan Parigi No. 1, Tanjung Enim, Muara Enim, South Sumatra, Palembang, IDN, 31716
PT Bukit Asam Tbk is an Indonesia-based company engaged in the coal mining industry and related activities, including general probing, exploration, exploitation, processing, transportation, and trading, managing coal port facilities for own needs or other parties, operating coal-fired power plants for own needs and other parties, and providing consulting and engineering services related to the coal mining industry and its processed products, plantation development, and health services. The company earns a majority of its revenue from Indonesia.

PT Bukit Asam Tbk (ISX:PTBA) Headlines

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