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PT Indo Straits Tbk (ISX:PTIS) Cyclically Adjusted PB Ratio : 0.38 (As of Jun. 09, 2024)


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What is PT Indo Straits Tbk Cyclically Adjusted PB Ratio?

As of today (2024-06-09), PT Indo Straits Tbk's current share price is Rp252.00. PT Indo Straits Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp656.65. PT Indo Straits Tbk's Cyclically Adjusted PB Ratio for today is 0.38.

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

ISX:PTIS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.38   Max: 0.91
Current: 0.38

During the past years, PT Indo Straits Tbk's highest Cyclically Adjusted PB Ratio was 0.91. The lowest was 0.14. And the median was 0.38.

ISX:PTIS's Cyclically Adjusted PB Ratio is ranked better than
87.83% of 723 companies
in the Transportation industry
Industry Median: 1.25 vs ISX:PTIS: 0.38

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 Indo Straits Tbk's adjusted book value per share data for the three months ended in Mar. 2024 was Rp592.161. 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 Rp656.65 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Indo Straits Tbk Cyclically Adjusted PB Ratio Historical Data

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

PT Indo Straits 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 - 0.20 0.50 0.66 0.50

PT Indo Straits 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 0.81 0.84 0.55 0.50 0.35

Competitive Comparison of PT Indo Straits Tbk's Cyclically Adjusted PB Ratio

For the Marine Shipping subindustry, PT Indo Straits 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 Indo Straits Tbk's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, PT Indo Straits Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PT Indo Straits 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 Indo Straits Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=252.00/656.65
=0.38

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

For example, PT Indo Straits 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)
=592.161/130.6070*130.6070
=592.161

Current CPI (Mar. 2024) = 130.6070.

PT Indo Straits Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,035.203 93.015 1,453.583
201409 978.087 94.576 1,350.713
201412 972.651 98.819 1,285.527
201503 991.803 98.388 1,316.593
201506 900.779 99.766 1,179.239
201509 926.364 101.037 1,197.483
201512 758.573 102.133 970.060
201603 671.250 102.764 853.120
201606 577.950 103.212 731.350
201609 543.508 104.142 681.624
201612 406.818 105.222 504.964
201703 386.678 106.476 474.313
201706 372.215 107.722 451.292
201709 364.543 108.020 440.767
201712 400.236 109.017 479.500
201803 405.080 110.097 480.545
201806 425.890 111.085 500.737
201809 442.797 111.135 520.382
201812 431.905 112.430 501.733
201903 425.664 112.829 492.736
201906 423.383 114.730 481.972
201909 424.603 114.905 482.628
201912 419.836 115.486 474.807
202003 494.879 116.252 555.986
202006 432.467 116.630 484.295
202009 451.202 116.397 506.287
202012 426.510 117.318 474.822
202103 440.869 117.840 488.634
202106 438.676 118.184 484.788
202109 434.023 118.262 479.331
202112 436.008 119.516 476.469
202203 440.671 120.948 475.863
202206 459.988 123.322 487.159
202209 476.534 125.298 496.724
202212 558.741 126.098 578.722
202303 585.298 126.953 602.147
202306 593.841 127.663 607.536
202309 574.233 128.151 585.236
202312 578.711 129.395 584.133
202403 592.161 130.607 592.161

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 Indo Straits Tbk  (ISX:PTIS) 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 Indo Straits Tbk Cyclically Adjusted PB Ratio Related Terms

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


PT Indo Straits Tbk (ISX:PTIS) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Yos Sudarso Kav.88, Graha Kirana Building, 15th Floor, Suite 1501, Jakarta, IDN, 14350
PT Indo Straits Tbk is an Indonesian-based firm. The company with its subsidiaries engaged in providing marine engineering solutions and related services. It operates in three segments namely; the Integrated Marine Engineering service segment which covers dredging, reclamation, port construction, installation of the pile, wave breaker, and coastal protection; the Marine Logistics Support service segment includes transshipment and sea transportation services.; Mining Contracting Services segment providing mining, excavating, hauling, and contracting services.

PT Indo Straits Tbk (ISX:PTIS) Headlines

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