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PT Asuransi Multi Artha Guna Tbk (ISX:AMAG) Cyclically Adjusted Book per Share : Rp410.31 (As of Mar. 2024)


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What is PT Asuransi Multi Artha Guna 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 Asuransi Multi Artha Guna Tbk's adjusted book value per share for the three months ended in Mar. 2024 was Rp354.417. 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 Rp410.31 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Asuransi Multi Artha Guna Tbk's average Cyclically Adjusted Book Growth Rate was -1.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.10% 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 Asuransi Multi Artha Guna Tbk was 2.10% per year. The lowest was 2.10% per year. And the median was 2.10% per year.

As of today (2024-05-23), PT Asuransi Multi Artha Guna Tbk's current stock price is Rp300.00. PT Asuransi Multi Artha Guna Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp410.31. PT Asuransi Multi Artha Guna Tbk's Cyclically Adjusted PB Ratio of today is 0.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Asuransi Multi Artha Guna Tbk was 1.09. The lowest was 0.50. And the median was 0.84.


PT Asuransi Multi Artha Guna Tbk Cyclically Adjusted Book per Share Historical Data

The historical data trend for PT Asuransi Multi Artha Guna 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 Asuransi Multi Artha Guna Tbk Cyclically Adjusted Book per Share Chart

PT Asuransi Multi Artha Guna 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 - 381.75 389.80 408.37 407.99

PT Asuransi Multi Artha Guna 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 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 409.06 409.51 409.50 407.99 410.31

Competitive Comparison of PT Asuransi Multi Artha Guna Tbk's Cyclically Adjusted Book per Share

For the Insurance - Diversified subindustry, PT Asuransi Multi Artha Guna 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 Asuransi Multi Artha Guna Tbk's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, PT Asuransi Multi Artha Guna Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Asuransi Multi Artha Guna Tbk's Cyclically Adjusted PB Ratio falls into.



PT Asuransi Multi Artha Guna 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 Asuransi Multi Artha Guna 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)
=354.417/130.6070*130.6070
=354.417

Current CPI (Mar. 2024) = 130.6070.

PT Asuransi Multi Artha Guna Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 304.884 93.015 428.104
201409 310.034 94.576 428.149
201412 407.044 98.819 537.979
201503 321.007 98.388 426.129
201506 282.979 99.766 370.457
201509 288.408 101.037 372.816
201512 301.612 102.133 385.700
201603 323.344 102.764 410.952
201606 340.080 103.212 430.344
201609 358.160 104.142 449.175
201612 352.642 105.222 437.718
201703 0.000 106.476 0.000
201706 361.294 107.722 438.051
201709 367.401 108.020 444.223
201712 370.687 109.017 444.099
201803 370.132 110.097 439.086
201806 355.142 111.085 417.556
201809 357.880 111.135 420.586
201812 365.148 112.430 424.183
201903 360.868 112.829 417.730
201906 379.683 114.730 432.225
201909 0.000 114.905 0.000
201912 390.098 115.486 441.175
202003 374.707 116.252 420.975
202006 396.703 116.630 444.245
202009 378.685 116.397 424.917
202012 401.151 117.318 446.590
202103 408.636 117.840 452.909
202106 366.520 118.184 405.047
202109 365.153 118.262 403.271
202112 372.875 119.516 407.477
202203 374.894 120.948 404.833
202206 326.805 123.322 346.109
202209 327.669 125.298 341.552
202212 341.016 126.098 353.211
202303 345.278 126.953 355.217
202306 335.155 127.663 342.884
202309 337.921 128.151 344.396
202312 343.911 129.395 347.133
202403 354.417 130.607 354.417

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


PT Asuransi Multi Artha Guna Tbk  (ISX:AMAG) 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 Asuransi Multi Artha Guna Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=300.00/410.31
=0.73

* 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 Asuransi Multi Artha Guna Tbk was 1.09. The lowest was 0.50. And the median was 0.84.


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 Asuransi Multi Artha Guna Tbk Cyclically Adjusted Book per Share Related Terms

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


PT Asuransi Multi Artha Guna Tbk (ISX:AMAG) Business Description

Traded in Other Exchanges
N/A
Address
Jalan KH Mas Mansyur Kav. 126, 17th Floor, The City Center Batavia Tower One, Karet Tengsin, Tanah, Abang, Jakarta Pusat, Jakarta, IDN, 10220
PT Asuransi Multi Artha Guna Tbk is an insurance company. The company provides insurance in the areas of fire, earthquake, property, engineering, motor, heavy equipment, cargo, burglary, money, personal accident, health, travel, and suretyship. It also provides insurance for cash in ATM, car loan insurance, retail credit insurance, oil and gas insurance, insurance for cash in management, insurance for garage keeper liability, business protection plus insurance, and comprehensive machinery insurance.

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