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PT Telkom Indonesia (Persero) Tbk (PT Telkom Indonesia (Persero) Tbk) Cyclically Adjusted PB Ratio : 2.63 (As of Apr. 27, 2024)


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What is PT Telkom Indonesia (Persero) Tbk Cyclically Adjusted PB Ratio?

As of today (2024-04-27), PT Telkom Indonesia (Persero) Tbk's current share price is $18.99. PT Telkom Indonesia (Persero) Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $7.22. PT Telkom Indonesia (Persero) Tbk's Cyclically Adjusted PB Ratio for today is 2.63.

The historical rank and industry rank for PT Telkom Indonesia (Persero) Tbk's Cyclically Adjusted PB Ratio or its related term are showing as below:

TLK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.7   Med: 4.85   Max: 7.14
Current: 2.7

During the past years, PT Telkom Indonesia (Persero) Tbk's highest Cyclically Adjusted PB Ratio was 7.14. The lowest was 2.70. And the median was 4.85.

TLK's Cyclically Adjusted PB Ratio is ranked worse than
74.18% of 275 companies
in the Telecommunication Services industry
Industry Median: 1.43 vs TLK: 2.70

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 Telkom Indonesia (Persero) Tbk's adjusted book value per share data for the three months ended in Mar. 2024 was $9.293. 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 $7.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Telkom Indonesia (Persero) Tbk Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PT Telkom Indonesia (Persero) 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 Telkom Indonesia (Persero) Tbk Cyclically Adjusted PB Ratio Chart

PT Telkom Indonesia (Persero) 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 4.81 3.78 4.33 3.61 3.55

PT Telkom Indonesia (Persero) 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 3.83 3.71 3.43 3.55 3.08

Competitive Comparison of PT Telkom Indonesia (Persero) Tbk's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, PT Telkom Indonesia (Persero) 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 Telkom Indonesia (Persero) Tbk's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PT Telkom Indonesia (Persero) Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Telkom Indonesia (Persero) Tbk's Cyclically Adjusted PB Ratio falls into.



PT Telkom Indonesia (Persero) 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 Telkom Indonesia (Persero) Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.99/7.22
=2.63

* 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 Telkom Indonesia (Persero) Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, PT Telkom Indonesia (Persero) 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)
=9.293/128.8650*128.8650
=9.293

Current CPI (Mar. 2024) = 128.8650.

PT Telkom Indonesia (Persero) Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.150 93.015 7.135
201409 5.386 94.576 7.339
201412 5.539 98.819 7.223
201503 5.574 98.388 7.301
201506 5.084 99.766 6.567
201509 4.920 101.037 6.275
201512 5.533 102.133 6.981
201603 6.110 102.764 7.662
201606 6.037 103.212 7.537
201609 6.494 104.142 8.036
201612 6.323 105.222 7.744
201703 6.902 106.476 8.353
201706 6.432 107.722 7.694
201709 6.787 108.020 8.097
201712 6.890 109.017 8.144
201803 7.228 110.097 8.460
201806 5.952 111.085 6.905
201809 6.121 111.135 7.098
201812 6.883 112.430 7.889
201903 7.449 112.829 8.508
201906 6.707 114.730 7.533
201909 7.093 114.905 7.955
201912 7.247 115.486 8.087
202003 6.565 116.252 7.277
202006 6.772 116.630 7.482
202009 6.883 116.397 7.620
202012 7.327 117.318 8.048
202103 7.525 117.840 8.229
202106 6.853 118.184 7.472
202109 7.389 118.262 8.051
202112 8.605 119.516 9.278
202203 8.990 120.948 9.578
202206 8.175 123.324 8.542
202209 8.181 125.300 8.414
202212 8.292 126.099 8.474
202303 9.089 126.954 9.226
202306 8.320 127.666 8.398
202309 8.497 128.155 8.544
202312 8.878 128.865 8.878
202403 9.293 128.865 9.293

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 Telkom Indonesia (Persero) Tbk  (NYSE:TLK) 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 Telkom Indonesia (Persero) Tbk Cyclically Adjusted PB Ratio Related Terms

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


PT Telkom Indonesia (Persero) Tbk (PT Telkom Indonesia (Persero) Tbk) Business Description

Address
Jalan Japati No. 1, West Java, Bandung, IDN, 40133
PT Telkom Indonesia (Persero) Tbk is the largest integrated telecommunications provider in Indonesia. It is the principal provider of fixed-line services in Indonesia, and its 65%-owned subsidiary, Telkomsel, is the largest wireless carrier in the country, with about 48% market share. It also provides a wide range of other communication services, including telephone network, interconnection services, multimedia, data and internet communication-related services, satellite transponder leasing, leased line, intelligent network and related services, cable television, and VoIP services.

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