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PT Gozco Plantations Tbk (ISX:GZCO) Cyclically Adjusted Book per Share : Rp257.54 (As of Mar. 2024)


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What is PT Gozco Plantations 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 Gozco Plantations Tbk's adjusted book value per share for the three months ended in Mar. 2024 was Rp184.784. 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 Rp257.54 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Gozco Plantations Tbk's average Cyclically Adjusted Book Growth Rate was -4.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.40% 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 Gozco Plantations Tbk was -3.40% per year. The lowest was -5.00% per year. And the median was -4.20% per year.

As of today (2024-06-08), PT Gozco Plantations Tbk's current stock price is Rp85.00. PT Gozco Plantations Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp257.54. PT Gozco Plantations Tbk's Cyclically Adjusted PB Ratio of today is 0.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Gozco Plantations Tbk was 0.83. The lowest was 0.16. And the median was 0.31.


PT Gozco Plantations Tbk Cyclically Adjusted Book per Share Historical Data

The historical data trend for PT Gozco Plantations 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 Gozco Plantations Tbk Cyclically Adjusted Book per Share Chart

PT Gozco Plantations 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 317.25 287.56 277.93 271.78 259.22

PT Gozco Plantations 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 268.33 264.61 260.83 259.22 257.54

Competitive Comparison of PT Gozco Plantations Tbk's Cyclically Adjusted Book per Share

For the Farm Products subindustry, PT Gozco Plantations 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 Gozco Plantations Tbk's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Gozco Plantations Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Gozco Plantations Tbk's Cyclically Adjusted PB Ratio falls into.



PT Gozco Plantations 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 Gozco Plantations 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)
=184.784/130.6070*130.6070
=184.784

Current CPI (Mar. 2024) = 130.6070.

PT Gozco Plantations Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 249.298 93.015 350.053
201409 253.161 94.576 349.609
201412 256.733 98.819 339.317
201503 255.750 98.388 339.502
201506 459.129 99.766 601.060
201509 453.289 101.037 585.953
201512 437.584 102.133 559.581
201603 427.224 102.764 542.977
201606 411.949 103.212 521.289
201609 392.346 104.142 492.049
201612 177.042 105.222 219.754
201703 186.090 106.476 228.264
201706 172.303 107.722 208.909
201709 168.493 108.020 203.724
201712 241.483 109.017 289.307
201803 232.670 110.097 276.015
201806 221.595 111.085 260.539
201809 214.966 111.135 252.631
201812 169.229 112.430 196.589
201903 153.642 112.829 177.852
201906 135.060 114.730 153.750
201909 85.237 114.905 96.885
201912 126.094 115.486 142.604
202003 117.368 116.252 131.860
202006 103.113 116.630 115.470
202009 101.613 116.397 114.019
202012 163.584 117.318 182.114
202103 156.698 117.840 173.675
202106 152.877 118.184 168.947
202109 157.216 118.262 173.628
202112 171.749 119.516 187.687
202203 174.037 120.948 187.935
202206 169.465 123.322 179.475
202209 170.736 125.298 177.970
202212 184.523 126.098 191.122
202303 178.248 126.953 183.379
202306 178.529 127.663 182.646
202309 186.164 128.151 189.731
202312 187.091 129.395 188.844
202403 184.784 130.607 184.784

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


PT Gozco Plantations Tbk  (ISX:GZCO) 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 Gozco Plantations Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=85.00/257.54
=0.33

* 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 Gozco Plantations Tbk was 0.83. The lowest was 0.16. And the median was 0.31.


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 Gozco Plantations Tbk Cyclically Adjusted Book per Share Related Terms

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


PT Gozco Plantations Tbk (ISX:GZCO) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Raya Pasar Minggu No. 32, Gedung Gozco, South Jakarta, IDN, 12780
PT Gozco Plantations Tbk is an Indonesia-based company engaged in developing and operating palm oil plantations, trading, and processing crude palm oil, and palm kernel. It generates the majority of its revenue from Crude Palm Oil sales. PT Gozco Plantations also produces fresh fruit bunches. The organization only caters to the Indonesian market.

PT Gozco Plantations Tbk (ISX:GZCO) Headlines

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