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PT Asuransi Maximus Graha Persada Tbk (ISX:ASMI) Cyclically Adjusted Book per Share : Rp51.88 (As of Mar. 2024)


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What is PT Asuransi Maximus Graha Persada 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 Maximus Graha Persada Tbk's adjusted book value per share for the three months ended in Mar. 2024 was Rp42.613. 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 Rp51.88 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Asuransi Maximus Graha Persada Tbk's average Cyclically Adjusted Book Growth Rate was 3.20% 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.

As of today (2024-05-27), PT Asuransi Maximus Graha Persada Tbk's current stock price is Rp13.00. PT Asuransi Maximus Graha Persada Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp51.88. PT Asuransi Maximus Graha Persada Tbk's Cyclically Adjusted PB Ratio of today is 0.25.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of PT Asuransi Maximus Graha Persada Tbk was 3.37. The lowest was 0.17. And the median was 0.99.


PT Asuransi Maximus Graha Persada Tbk Cyclically Adjusted Book per Share Historical Data

The historical data trend for PT Asuransi Maximus Graha Persada 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 Maximus Graha Persada Tbk Cyclically Adjusted Book per Share Chart

PT Asuransi Maximus Graha Persada 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 - - - 50.20 51.21

PT Asuransi Maximus Graha Persada 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 50.26 50.40 50.42 51.21 51.88

Competitive Comparison of PT Asuransi Maximus Graha Persada Tbk's Cyclically Adjusted Book per Share

For the Insurance - Diversified subindustry, PT Asuransi Maximus Graha Persada 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 Maximus Graha Persada Tbk's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where PT Asuransi Maximus Graha Persada Tbk's Cyclically Adjusted PB Ratio falls into.



PT Asuransi Maximus Graha Persada 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 Maximus Graha Persada 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)
=42.613/130.6070*130.6070
=42.613

Current CPI (Mar. 2024) = 130.6070.

PT Asuransi Maximus Graha Persada Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 26.478 93.015 37.179
201409 30.190 94.576 41.692
201412 28.744 98.819 37.990
201503 26.354 98.388 34.984
201506 24.703 99.766 32.339
201509 29.793 101.037 38.513
201512 31.222 102.133 39.927
201603 32.263 102.764 41.004
201606 33.381 103.212 42.241
201609 37.913 104.142 47.547
201612 37.276 105.222 46.269
201703 45.304 106.476 55.571
201706 45.963 107.722 55.728
201709 48.048 108.020 58.095
201712 50.787 109.017 60.845
201803 56.056 110.097 66.499
201806 56.849 111.085 66.840
201809 58.351 111.135 68.575
201812 58.001 112.430 67.378
201903 61.184 112.829 70.825
201906 61.255 114.730 69.732
201909 60.627 114.905 68.912
201912 59.195 115.486 66.946
202003 49.246 116.252 55.327
202006 50.709 116.630 56.786
202009 50.257 116.397 56.393
202012 49.501 117.318 55.108
202103 49.704 117.840 55.089
202106 50.906 118.184 56.257
202109 54.340 118.262 60.013
202112 51.670 119.516 56.465
202203 48.643 120.948 52.528
202206 45.148 123.322 47.815
202209 44.735 125.298 46.630
202212 42.078 126.098 43.583
202303 39.982 126.953 41.133
202306 45.032 127.663 46.071
202309 43.589 128.151 44.424
202312 43.026 129.395 43.429
202403 42.613 130.607 42.613

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


PT Asuransi Maximus Graha Persada Tbk  (ISX:ASMI) 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 Maximus Graha Persada Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13.00/51.88
=0.25

* 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 12 years, the highest Cyclically Adjusted PB Ratio of PT Asuransi Maximus Graha Persada Tbk was 3.37. The lowest was 0.17. And the median was 0.99.


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 Maximus Graha Persada Tbk Cyclically Adjusted Book per Share Related Terms

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


PT Asuransi Maximus Graha Persada Tbk (ISX:ASMI) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Yos Sudarso No. 88, Sunter, Gedung Graha Kirana Lt. 6, Jakarta, IDN, 14350
PT Asuransi Maximus Graha Persada Tbk is an Indonesia-based insurance service provider. It provides insurance services such as motor vehicle insurance, fire insurance, health insurance, marine cargo insurance, money insurance, engineering insurance, and other insurance. The group's operations are located in the geographical areas of Indonesia namely, Sumatera, Java, Bali, Sulawesi, and Kalimantan. It derives the majority of its revenue from the operations in Jawa. The organization generates prime underwriting revenue by providing motor vehicle insurance services.

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