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PT Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ) Cyclically Adjusted PB Ratio : 4.03 (As of Jun. 09, 2024)


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What is PT Ultrajaya Milk Industry & Trading Co Tbk Cyclically Adjusted PB Ratio?

As of today (2024-06-09), PT Ultrajaya Milk Industry & Trading Co Tbk's current share price is Rp1865.00. PT Ultrajaya Milk Industry & Trading Co Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp462.31. PT Ultrajaya Milk Industry & Trading Co Tbk's Cyclically Adjusted PB Ratio for today is 4.03.

The historical rank and industry rank for PT Ultrajaya Milk Industry & Trading Co Tbk's Cyclically Adjusted PB Ratio or its related term are showing as below:

ISX:ULTJ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.31   Med: 4.32   Max: 5.99
Current: 4.03

During the past years, PT Ultrajaya Milk Industry & Trading Co Tbk's highest Cyclically Adjusted PB Ratio was 5.99. The lowest was 3.31. And the median was 4.32.

ISX:ULTJ's Cyclically Adjusted PB Ratio is ranked worse than
73.17% of 82 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.36 vs ISX:ULTJ: 4.03

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 Ultrajaya Milk Industry & Trading Co Tbk's adjusted book value per share data for the three months ended in Mar. 2024 was Rp673.681. 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 Rp462.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Ultrajaya Milk Industry & Trading Co Tbk Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PT Ultrajaya Milk Industry & Trading Co 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 Ultrajaya Milk Industry & Trading Co Tbk Cyclically Adjusted PB Ratio Chart

PT Ultrajaya Milk Industry & Trading Co 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 - 5.02 4.37 3.68 3.57

PT Ultrajaya Milk Industry & Trading Co 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 3.42 4.62 3.83 3.57 4.27

Competitive Comparison of PT Ultrajaya Milk Industry & Trading Co Tbk's Cyclically Adjusted PB Ratio

For the Beverages - Non-Alcoholic subindustry, PT Ultrajaya Milk Industry & Trading Co 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 Ultrajaya Milk Industry & Trading Co Tbk's Cyclically Adjusted PB Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, PT Ultrajaya Milk Industry & Trading Co Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Ultrajaya Milk Industry & Trading Co Tbk's Cyclically Adjusted PB Ratio falls into.



PT Ultrajaya Milk Industry & Trading Co 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 Ultrajaya Milk Industry & Trading Co Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1865.00/462.31
=4.03

* 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 Ultrajaya Milk Industry & Trading Co Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, PT Ultrajaya Milk Industry & Trading Co 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)
=673.681/130.6070*130.6070
=673.681

Current CPI (Mar. 2024) = 130.6070.

PT Ultrajaya Milk Industry & Trading Co Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 180.723 93.015 253.763
201409 187.780 94.576 259.319
201412 195.955 98.819 258.989
201503 208.038 98.388 276.165
201506 214.571 99.766 280.902
201509 229.227 101.037 296.315
201512 240.694 102.133 307.798
201603 255.074 102.764 324.184
201606 266.736 103.212 337.533
201609 287.987 104.142 361.170
201612 299.490 105.222 371.743
201703 321.215 106.476 394.013
201706 326.871 107.722 396.315
201709 349.508 108.020 422.589
201712 352.845 109.017 422.724
201803 367.310 110.097 435.738
201806 373.922 111.085 439.636
201809 395.626 111.135 464.946
201812 403.365 112.430 468.579
201903 429.329 112.829 496.979
201906 435.387 114.730 495.638
201909 461.849 114.905 524.963
201912 480.239 115.486 543.119
202003 517.956 116.252 581.913
202006 528.272 116.630 591.581
202009 392.452 116.397 440.365
202012 450.646 117.318 501.692
202103 489.245 117.840 542.252
202106 513.758 118.184 567.763
202109 452.631 118.262 499.881
202112 485.389 119.516 530.432
202203 513.741 120.948 554.768
202206 544.441 123.322 576.601
202209 541.510 125.298 564.453
202212 551.897 126.098 571.633
202303 585.865 126.953 602.730
202306 581.875 127.663 595.294
202309 611.966 128.151 623.692
202312 634.803 129.395 640.750
202403 673.681 130.607 673.681

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 Ultrajaya Milk Industry & Trading Co Tbk  (ISX:ULTJ) 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 Ultrajaya Milk Industry & Trading Co Tbk Cyclically Adjusted PB Ratio Related Terms

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PT Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Raya Cimareme 131, Padalarang, Kabupaten Bandung Barat, Bandung, IDN, 40552
PT Ultrajaya Milk Industry & Trading Co Tbk is in the business of producing dairy products, beverages, and healthy drink products with ultra-high temperature technology and aseptic packaging. Its products are Freshmilk, Tea drink, Health drinks, Sweetened condensed creamer, and others. The firm has Beverages and Food operating segments. It derives the majority of its revenues from the Beverages segment.

PT Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ) Headlines

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