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PT Adaro Energy Indonesia Tbk (ISX:ADRO) Cyclically Adjusted Book per Share : Rp1,986.07 (As of Dec. 2023)


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What is PT Adaro Energy Indonesia Tbk Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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 Adaro Energy Indonesia Tbk's adjusted book value per share for the three months ended in Dec. 2023 was Rp3,380.935. 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 Rp1,986.07 for the trailing ten years ended in Dec. 2023.

During the past 12 months, PT Adaro Energy Indonesia Tbk's average Cyclically Adjusted Book Growth Rate was 13.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of PT Adaro Energy Indonesia Tbk was 11.40% per year. The lowest was 11.40% per year. And the median was 11.40% per year.

As of today (2024-05-17), PT Adaro Energy Indonesia Tbk's current stock price is Rp2880.00. PT Adaro Energy Indonesia Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was Rp1,986.07. PT Adaro Energy Indonesia Tbk's Cyclically Adjusted PB Ratio of today is 1.45.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Adaro Energy Indonesia Tbk was 2.50. The lowest was 0.62. And the median was 1.28.


PT Adaro Energy Indonesia Tbk Cyclically Adjusted Book per Share Historical Data

The historical data trend for PT Adaro Energy Indonesia Tbk's Cyclically Adjusted Book per Share 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 Adaro Energy Indonesia Tbk Cyclically Adjusted Book per Share Chart

PT Adaro Energy Indonesia Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1,437.15 1,526.18 1,749.34 1,986.07

PT Adaro Energy Indonesia Tbk Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 1,749.34 1,810.95 1,869.31 1,927.04 1,986.07

Competitive Comparison of PT Adaro Energy Indonesia Tbk's Cyclically Adjusted Book per Share

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

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

* The bar in red indicates where PT Adaro Energy Indonesia Tbk's Cyclically Adjusted PB Ratio falls into.



PT Adaro Energy Indonesia Tbk Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, PT Adaro Energy Indonesia Tbk's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3380.935/129.3947*129.3947
=3,380.935

Current CPI (Dec. 2023) = 129.3947.

PT Adaro Energy Indonesia Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,011.088 92.483 1,414.626
201406 1,055.244 93.015 1,467.970
201409 1,093.093 94.576 1,495.521
201412 1,076.379 98.819 1,409.417
201503 1,155.555 98.388 1,519.731
201506 1,187.703 99.766 1,540.428
201509 1,333.695 101.037 1,708.025
201512 1,236.008 102.133 1,565.931
201603 1,215.601 102.764 1,530.619
201606 1,216.843 103.212 1,525.526
201609 1,235.187 104.142 1,534.693
201612 1,321.698 105.222 1,625.334
201703 1,346.756 106.476 1,636.643
201706 1,375.730 107.722 1,652.522
201709 1,457.163 108.020 1,745.496
201712 1,469.022 109.017 1,743.616
201803 1,533.021 110.097 1,801.736
201806 1,591.240 111.085 1,853.523
201809 1,709.582 111.135 1,990.479
201812 1,652.643 112.430 1,902.014
201903 1,672.385 112.829 1,917.935
201906 1,668.092 114.730 1,881.303
201909 1,706.720 114.905 1,921.947
201912 1,621.077 115.486 1,816.315
202003 1,912.003 116.252 2,128.156
202006 1,655.393 116.630 1,836.572
202009 1,701.151 116.397 1,891.120
202012 1,636.932 117.318 1,805.436
202103 1,756.691 117.840 1,928.945
202106 1,716.989 118.184 1,879.861
202109 1,809.331 118.262 1,979.659
202112 1,891.750 119.516 2,048.113
202203 2,099.673 120.948 2,246.305
202206 2,421.285 123.322 2,540.507
202209 2,832.276 125.298 2,924.870
202212 3,058.577 126.098 3,138.548
202303 3,155.574 126.953 3,216.278
202306 3,123.737 127.663 3,166.112
202309 3,409.898 128.151 3,442.980
202312 3,380.935 129.395 3,380.935

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


PT Adaro Energy Indonesia Tbk  (ISX:ADRO) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 Adaro Energy Indonesia Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2880.00/1986.07
=1.45

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Adaro Energy Indonesia Tbk was 2.50. The lowest was 0.62. And the median was 1.28.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


PT Adaro Energy Indonesia Tbk Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of PT Adaro Energy Indonesia Tbk's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Adaro Energy Indonesia Tbk (ISX:ADRO) Business Description

Traded in Other Exchanges
Address
Jalan H.R. Rasuna Said, Block X-5, Menara Karya Lantai, 23rd Floor, Kav. 1-2, Jakarta, IDN, 12950
PT Adaro Energy Indonesia Tbk is an Indonesia-based energy group that focuses on integrated coal mining. The company's primary location is in the Tabalong district in South Kalimantan, where its subsidiary PT Adaro Indonesia operates the single-site coal mine in the southern hemisphere. The company produces thermal coal, which is marketed under the brand name Envirocoal. The company's main customers are blue-chip power utilities, and roughly three-quarters of its coal is produced for foreign customers, with the remainder in Indonesia. In addition to the core mining business, the company also engages in barging, ship-loading, dredging, port services, marketing, and power generation. Its segment comprises coal mining and trading, mining services, logistics, and others.

PT Adaro Energy Indonesia Tbk (ISX:ADRO) Headlines

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