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PT Indah Kiat Pulp & Paper Tbk (PT Indah Kiat Pulp & Paper Tbk) Cyclically Adjusted Book per Share : $0.82 (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 $1.097. 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 $0.82 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 12.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.80% 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 12.80% per year. The lowest was 12.00% per year. And the median was 12.40% per year.

As of today (2024-06-06), PT Indah Kiat Pulp & Paper Tbk's current stock price is $0.543. PT Indah Kiat Pulp & Paper Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.82. PT Indah Kiat Pulp & Paper Tbk's Cyclically Adjusted PB Ratio of today is 0.66.

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 1.02 0.83 1.20 0.57 0.82

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 0.57 0.68 0.62 0.49 0.82

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)
=1.097/129.3947*129.3947
=1.097

Current CPI (Dec. 2023) = 129.3947.

PT Indah Kiat Pulp & Paper Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.423 92.483 0.592
201406 0.426 93.015 0.593
201409 0.433 94.576 0.592
201412 0.439 98.819 0.575
201503 0.451 98.388 0.593
201506 0.457 99.766 0.593
201509 0.471 101.037 0.603
201512 0.479 102.133 0.607
201603 0.485 102.764 0.611
201606 0.487 103.212 0.611
201609 0.497 104.142 0.618
201612 0.515 105.222 0.633
201703 0.531 106.476 0.645
201706 0.545 107.722 0.655
201709 0.566 108.020 0.678
201712 0.588 109.017 0.698
201803 0.616 110.097 0.724
201806 0.643 111.085 0.749
201809 0.675 111.135 0.786
201812 0.689 112.430 0.793
201903 0.703 112.829 0.806
201906 0.710 114.730 0.801
201909 0.727 114.905 0.819
201912 0.732 115.486 0.820
202003 0.764 116.252 0.850
202006 0.768 116.630 0.852
202009 0.780 116.397 0.867
202012 0.778 117.318 0.858
202103 0.802 117.840 0.881
202106 0.828 118.184 0.907
202109 0.844 118.262 0.923
202112 0.871 119.516 0.943
202203 0.902 120.948 0.965
202206 0.939 123.322 0.985
202209 0.985 125.298 1.017
202212 1.024 126.098 1.051
202303 1.049 126.953 1.069
202306 1.070 127.663 1.085
202309 1.080 128.151 1.090
202312 1.097 129.395 1.097

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  (OTCPK:PIKQF) 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
=0.543/0.82
=0.66

* 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 (PT Indah Kiat Pulp & Paper Tbk) 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 (PT Indah Kiat Pulp & Paper Tbk) Headlines

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