GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » PT Wijaya Karya Beton Tbk (ISX:WTON) » Definitions » Cyclically Adjusted PB Ratio

PT Wijaya Karya Beton Tbk (ISX:WTON) Cyclically Adjusted PB Ratio : 0.17 (As of Jun. 11, 2024)


View and export this data going back to 2014. Start your Free Trial

What is PT Wijaya Karya Beton Tbk Cyclically Adjusted PB Ratio?

As of today (2024-06-11), PT Wijaya Karya Beton Tbk's current share price is Rp68.00. PT Wijaya Karya Beton Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp392.67. PT Wijaya Karya Beton Tbk's Cyclically Adjusted PB Ratio for today is 0.17.

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

ISX:WTON' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.41   Max: 0.76
Current: 0.17

During the past years, PT Wijaya Karya Beton Tbk's highest Cyclically Adjusted PB Ratio was 0.76. The lowest was 0.17. And the median was 0.41.

ISX:WTON's Cyclically Adjusted PB Ratio is ranked better than
95% of 320 companies
in the Building Materials industry
Industry Median: 1.07 vs ISX:WTON: 0.17

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 Wijaya Karya Beton Tbk's adjusted book value per share data for the three months ended in Mar. 2024 was Rp405.851. 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 Rp392.67 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Wijaya Karya Beton Tbk Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PT Wijaya Karya Beton 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 Wijaya Karya Beton Tbk Cyclically Adjusted PB Ratio Chart

PT Wijaya Karya Beton 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 - - - 0.53 0.28

PT Wijaya Karya Beton 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 0.46 0.38 0.39 0.28 0.26

Competitive Comparison of PT Wijaya Karya Beton Tbk's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, PT Wijaya Karya Beton 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 Wijaya Karya Beton Tbk's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, PT Wijaya Karya Beton Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Wijaya Karya Beton Tbk's Cyclically Adjusted PB Ratio falls into.



PT Wijaya Karya Beton 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 Wijaya Karya Beton Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=68.00/392.67
=0.17

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

For example, PT Wijaya Karya Beton 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)
=405.851/130.6070*130.6070
=405.851

Current CPI (Mar. 2024) = 130.6070.

PT Wijaya Karya Beton Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 241.083 93.015 338.517
201409 247.192 94.576 341.366
201412 257.023 98.819 339.701
201503 259.125 98.388 343.982
201506 251.684 99.766 329.488
201509 254.826 101.037 329.406
201512 264.492 102.133 338.231
201603 264.237 102.764 335.830
201606 271.348 103.212 343.369
201609 277.951 104.142 348.584
201612 290.551 105.222 360.647
201703 286.779 106.476 351.773
201706 0.000 107.722 0.000
201709 306.745 108.020 370.884
201712 320.927 109.017 384.485
201803 315.709 110.097 374.524
201806 328.049 111.085 385.701
201809 342.354 111.135 402.340
201812 367.518 112.430 426.936
201903 358.508 112.829 414.998
201906 369.591 114.730 420.736
201909 386.388 114.905 439.190
201912 412.280 115.486 466.262
202003 376.440 116.252 422.922
202006 387.978 116.630 434.474
202009 370.107 116.397 415.292
202012 381.473 117.318 424.683
202103 384.134 117.840 425.752
202106 382.892 118.184 423.140
202109 384.909 118.262 425.090
202112 392.450 119.516 428.869
202203 390.341 120.948 421.513
202206 393.328 123.322 416.562
202209 396.610 125.298 413.413
202212 404.854 126.098 419.332
202303 405.560 126.953 417.235
202306 402.664 127.663 411.950
202309 404.470 128.151 412.220
202312 405.156 129.395 408.952
202403 405.851 130.607 405.851

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 Wijaya Karya Beton Tbk  (ISX:WTON) 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 Wijaya Karya Beton Tbk Cyclically Adjusted PB Ratio Related Terms

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


PT Wijaya Karya Beton Tbk (ISX:WTON) Business Description

Traded in Other Exchanges
Address
Jalan D.I. Panjaitan Kav. 9 - 10, Gedung WIKA Tower 1 Lantai 2-5, DKI Jakarta, Kel. Cipinang Cempedak, Kec. Jatinegara, Jakarta, IDN, 13340
PT Wijaya Karya Beton Tbk is an Indonesia-based company engaged in concrete trading and industry, construction services and other related businesses. Company's operating segments are Concrete, Quarry, and Services. The Concrete Segment is the core business of the company which is done through the production of both precast and ready mix concrete. The Quarry Segment is part of the concrete production process which includes mining activities and production of split, screen. Services Segment is a service developed by the company in line with continuous business and technological innovation.

PT Wijaya Karya Beton Tbk (ISX:WTON) Headlines

No Headlines