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PT Bank Danamon Indonesia Tbk (ISX:BDMN) Cyclically Adjusted Book per Share : Rp4,837.31 (As of Mar. 2024)


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What is PT Bank Danamon 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 Bank Danamon Indonesia Tbk's adjusted book value per share for the three months ended in Mar. 2024 was Rp4,995.517. 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 Rp4,837.31 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Bank Danamon Indonesia Tbk's average Cyclically Adjusted Book Growth Rate was 3.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.20% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of PT Bank Danamon Indonesia Tbk was 4.60% per year. The lowest was 4.20% per year. And the median was 4.40% per year.

As of today (2024-05-31), PT Bank Danamon Indonesia Tbk's current stock price is Rp2570.00. PT Bank Danamon Indonesia Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp4,837.31. PT Bank Danamon Indonesia Tbk's Cyclically Adjusted PB Ratio of today is 0.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Bank Danamon Indonesia Tbk was 2.55. The lowest was 0.44. And the median was 0.61.


PT Bank Danamon Indonesia Tbk Cyclically Adjusted Book per Share Historical Data

The historical data trend for PT Bank Danamon 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 Bank Danamon Indonesia Tbk Cyclically Adjusted Book per Share Chart

PT Bank Danamon 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 4,040.13 4,226.13 4,339.09 4,626.25 4,785.85

PT Bank Danamon Indonesia 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 4,663.21 4,698.71 4,728.53 4,785.85 4,837.31

Competitive Comparison of PT Bank Danamon Indonesia Tbk's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, PT Bank Danamon 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 Bank Danamon Indonesia Tbk's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, PT Bank Danamon Indonesia Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PT Bank Danamon 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 Bank Danamon Indonesia 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)
=4995.517/130.6070*130.6070
=4,995.517

Current CPI (Mar. 2024) = 130.6070.

PT Bank Danamon Indonesia Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 3,292.603 93.015 4,623.318
201409 3,349.181 94.576 4,625.132
201412 3,381.331 98.819 4,469.016
201503 3,495.734 98.388 4,640.497
201506 3,448.815 99.766 4,514.954
201509 3,512.722 101.037 4,540.791
201512 3,540.262 102.133 4,527.272
201603 3,637.711 102.764 4,623.321
201606 3,653.540 103.212 4,623.266
201609 3,740.252 104.142 4,690.722
201612 3,750.067 105.222 4,654.782
201703 3,865.604 106.476 4,741.683
201706 3,869.337 107.722 4,691.380
201709 3,968.065 108.020 4,797.770
201712 4,033.566 109.017 4,832.388
201803 3,999.736 110.097 4,744.869
201806 4,085.169 111.085 4,803.107
201809 4,189.374 111.135 4,923.418
201812 4,310.084 112.430 5,006.917
201903 4,271.021 112.829 4,944.010
201906 4,360.852 114.730 4,964.323
201909 4,444.646 114.905 5,052.033
201912 4,597.835 115.486 5,199.851
202003 4,383.865 116.252 4,925.180
202006 4,370.092 116.630 4,893.814
202009 4,453.917 116.397 4,997.678
202012 4,410.661 117.318 4,910.267
202103 4,448.842 117.840 4,930.846
202106 4,479.398 118.184 4,950.257
202109 4,528.509 118.262 5,001.239
202112 4,568.319 119.516 4,992.252
202203 4,565.697 120.948 4,930.309
202206 4,629.727 123.322 4,903.203
202209 4,693.106 125.298 4,891.942
202212 4,792.906 126.098 4,964.302
202303 4,759.054 126.953 4,896.050
202306 4,842.786 127.663 4,954.468
202309 4,940.744 128.151 5,035.417
202312 5,037.741 129.395 5,084.940
202403 4,995.517 130.607 4,995.517

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


PT Bank Danamon Indonesia Tbk  (ISX:BDMN) 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 Bank Danamon Indonesia Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2570.00/4837.31
=0.53

* 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 Bank Danamon Indonesia Tbk was 2.55. The lowest was 0.44. And the median was 0.61.


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 Bank Danamon Indonesia Tbk Cyclically Adjusted Book per Share Related Terms

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


PT Bank Danamon Indonesia Tbk (ISX:BDMN) Business Description

Traded in Other Exchanges
Address
Menara Bank Danamon, Jalan HR. Rasuna Said, Blok C No. 10, 17th Floor, Kel. Karet, Kec. Setiabudi, Jakarta Selatan, Jakarta, IDN, 12920
PT Bank Danamon Indonesia Tbk is an Indonesia-based company that is principally engaged in providing banking services. The company's core business segments consist of the retail business segment, which includes micro banking, retail banking, a credit card business, insurance, consumer financing, and syariah banking, and the wholesale business segment, which provides commercial and corporate customers with products such as cash management, trade finance, financial supply chain, loans, and foreign exchange transactions. It generates maximum revenue from the retail business segment.

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