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PT Indah Kiat Pulp & Paper Tbk (ISX:INKP) Cyclically Adjusted Book per Share : Rp11,207.20 (As of Dec. 2023)


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What is PT Indah Kiat Pulp & Paper 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 Indah Kiat Pulp & Paper Tbk's adjusted book value per share for the three months ended in Dec. 2023 was Rp16,905.491. 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 Rp11,207.20 for the trailing ten years ended in Dec. 2023.

During the past 12 months, PT Indah Kiat Pulp & Paper Tbk's average Cyclically Adjusted Book Growth Rate was 12.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.60% 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 Indah Kiat Pulp & Paper Tbk was 12.60% per year. The lowest was 12.00% per year. And the median was 12.30% per year.

As of today (2024-05-16), PT Indah Kiat Pulp & Paper Tbk's current stock price is Rp9700.00. PT Indah Kiat Pulp & Paper Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was Rp11,207.20. PT Indah Kiat Pulp & Paper Tbk's Cyclically Adjusted PB Ratio of today is 0.87.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Indah Kiat Pulp & Paper Tbk was 1.80. The lowest was 0.49. And the median was 0.94.


PT Indah Kiat Pulp & Paper Tbk Cyclically Adjusted Book per Share Historical Data

The historical data trend for PT Indah Kiat Pulp & Paper 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 Indah Kiat Pulp & Paper Tbk Cyclically Adjusted Book per Share Chart

PT Indah Kiat Pulp & Paper 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 7,106.44 7,841.58 8,562.13 9,971.25 11,207.20

PT Indah Kiat Pulp & Paper 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 9,971.25 10,295.10 10,611.50 10,904.60 11,207.20

Competitive Comparison of PT Indah Kiat Pulp & Paper Tbk's Cyclically Adjusted Book per Share

For the Paper & Paper Products subindustry, PT Indah Kiat Pulp & Paper 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 Indah Kiat Pulp & Paper Tbk's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, PT Indah Kiat Pulp & Paper Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Indah Kiat Pulp & Paper Tbk's Cyclically Adjusted PB Ratio falls into.



PT Indah Kiat Pulp & Paper 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 Indah Kiat Pulp & Paper 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)
=16905.491/128.8650*128.8650
=16,905.491

Current CPI (Dec. 2023) = 128.8650.

PT Indah Kiat Pulp & Paper Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201403 4,827.911 92.483 6,727.140
201406 5,102.265 93.015 7,068.804
201409 5,289.432 94.576 7,207.142
201412 5,457.461 98.819 7,116.778
201503 5,905.959 98.388 7,735.440
201506 6,090.463 99.766 7,866.876
201509 6,908.406 101.037 8,811.181
201512 6,613.231 102.133 8,344.176
201603 6,435.517 102.764 8,070.080
201606 6,416.338 103.212 8,011.074
201609 6,456.857 104.142 7,989.665
201612 6,923.069 105.222 8,478.665
201703 7,079.000 106.476 8,567.529
201706 7,261.578 107.722 8,686.875
201709 7,636.460 108.020 9,110.061
201712 7,966.844 109.017 9,417.323
201803 8,477.598 110.097 9,922.801
201806 9,260.276 111.085 10,742.483
201809 10,075.819 111.135 11,683.324
201812 9,981.334 112.430 11,440.414
201903 10,011.470 112.829 11,434.417
201906 10,034.550 114.730 11,270.810
201909 10,297.527 114.905 11,548.631
201912 10,176.448 115.486 11,355.395
202003 12,507.280 116.252 13,864.247
202006 10,990.181 116.630 12,143.120
202009 11,640.966 116.397 12,887.946
202012 10,972.891 117.318 12,052.885
202103 11,687.464 117.840 12,780.954
202106 12,006.169 118.184 13,091.250
202109 12,080.353 118.262 13,163.473
202112 12,426.127 119.516 13,398.135
202203 12,942.960 120.948 13,790.156
202206 13,936.420 123.324 14,562.613
202209 15,013.528 125.300 15,440.701
202212 16,115.508 126.099 16,468.991
202303 15,798.124 126.954 16,035.941
202306 16,082.144 127.666 16,233.183
202309 16,766.924 128.155 16,859.881
202312 16,905.491 128.865 16,905.491

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


PT Indah Kiat Pulp & Paper Tbk  (ISX:INKP) 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 Indah Kiat Pulp & Paper Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9700.00/11207.2
=0.87

* 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 Indah Kiat Pulp & Paper Tbk was 1.80. The lowest was 0.49. And the median was 0.94.


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 Indah Kiat Pulp & Paper Tbk Cyclically Adjusted Book per Share Related Terms

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


PT Indah Kiat Pulp & Paper Tbk (ISX:INKP) Business Description

Traded in Other Exchanges
Address
Jalan M.H. Thamrin No. 51, Gedung Sinar Mas Land Plaza, Tower 2, 9th Floor, Gondangdia, Mentang, Jakarta Pusat, Jakarta, IDN, 10350
PT Indah Kiat Pulp & Paper Tbk manufactures paper, pulp and packaging paper. The company's operating segment includes cultural paper and pulp and industrial paper and tissue products. Its cultural paper and pulp products segment consists of cultural paper and other related cultural paper products and pulp. The industrial paper products segment consists of linerboard, corrugating medium, corrugated shipping containers, and boxboard. Geographically, it derives a majority of revenue from Asia and also has a presence in Europe; America; Middle East; Africa, and Australia. It generates maximum revenue from the cultural paper and pulp segment.

PT Indah Kiat Pulp & Paper Tbk (ISX:INKP) Headlines

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