GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » PT Equity Development Investment Tbk (ISX:GSMF) » Definitions » Cyclically Adjusted PB Ratio

PT Equity Development Investment Tbk (ISX:GSMF) Cyclically Adjusted PB Ratio : 0.28 (As of May. 23, 2024)


View and export this data going back to 2001. Start your Free Trial

What is PT Equity Development Investment Tbk Cyclically Adjusted PB Ratio?

As of today (2024-05-23), PT Equity Development Investment Tbk's current share price is Rp51.00. PT Equity Development Investment Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp185.29. PT Equity Development Investment Tbk's Cyclically Adjusted PB Ratio for today is 0.28.

The historical rank and industry rank for PT Equity Development Investment Tbk's Cyclically Adjusted PB Ratio or its related term are showing as below:

ISX:GSMF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.47   Max: 1.8
Current: 0.28

During the past years, PT Equity Development Investment Tbk's highest Cyclically Adjusted PB Ratio was 1.80. The lowest was 0.27. And the median was 0.47.

ISX:GSMF's Cyclically Adjusted PB Ratio is ranked better than
94.43% of 413 companies
in the Insurance industry
Industry Median: 1.19 vs ISX:GSMF: 0.28

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 Equity Development Investment Tbk's adjusted book value per share data for the three months ended in Mar. 2024 was Rp169.808. 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 Rp185.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Equity Development Investment Tbk Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PT Equity Development Investment Tbk's Cyclically Adjusted PB Ratio 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 Equity Development Investment Tbk Cyclically Adjusted PB Ratio Chart

PT Equity Development Investment Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.41 0.95 0.44 0.33

PT Equity Development Investment 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 PB Ratio 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 0.31 0.38 0.34 0.33 0.27

Competitive Comparison of PT Equity Development Investment Tbk's Cyclically Adjusted PB Ratio

For the Insurance - Diversified subindustry, PT Equity Development Investment 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 Equity Development Investment Tbk's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, PT Equity Development Investment Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Equity Development Investment Tbk's Cyclically Adjusted PB Ratio falls into.



PT Equity Development Investment Tbk Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

PT Equity Development Investment Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=51.00/185.29
=0.28

* 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.

PT Equity Development Investment Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, PT Equity Development Investment 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)
=169.808/130.6070*130.6070
=169.808

Current CPI (Mar. 2024) = 130.6070.

PT Equity Development Investment Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 127.001 93.015 178.329
201409 130.267 94.576 179.895
201412 132.015 98.819 174.481
201503 138.729 98.388 184.159
201506 139.957 99.766 183.222
201509 141.311 101.037 182.669
201512 144.792 102.133 185.159
201603 136.667 102.764 173.696
201606 139.251 103.212 176.211
201609 141.573 104.142 177.549
201612 150.317 105.222 186.581
201703 153.078 106.476 187.771
201706 154.765 107.722 187.645
201709 156.770 108.020 189.550
201712 160.860 109.017 192.717
201803 162.988 110.097 193.352
201806 164.412 111.085 193.306
201809 166.051 111.135 195.146
201812 169.372 112.430 196.755
201903 171.266 112.829 198.253
201906 0.000 114.730 0.000
201909 175.757 114.905 199.775
201912 175.595 115.486 198.586
202003 172.948 116.252 194.303
202006 172.315 116.630 192.966
202009 176.592 116.397 198.151
202012 167.961 117.318 186.986
202103 167.602 117.840 185.761
202106 166.582 118.184 184.093
202109 164.570 118.262 181.749
202112 173.699 119.516 189.818
202203 173.204 120.948 187.036
202206 172.250 123.322 182.425
202209 172.620 125.298 179.934
202212 173.340 126.098 179.539
202303 171.690 126.953 176.632
202306 172.019 127.663 175.986
202309 171.729 128.151 175.020
202312 169.630 129.395 171.219
202403 169.808 130.607 169.808

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


PT Equity Development Investment Tbk  (ISX:GSMF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


PT Equity Development Investment Tbk Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of PT Equity Development Investment Tbk's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Equity Development Investment Tbk (ISX:GSMF) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Hayam Wuruk No. 8, Wisma Hayam Wuruk, 3rd Floor, Central Jakarta, IDN, 10120
PT Equity Development Investment Tbk is an Indonesia-based investment holding company engaged in the insurance business through its subsidiaries. It is also engaged in providing leasing, consumer financing, and factoring services. The company and its subsidiaries have categorized their business activity into four segments by the nature of the business which include Insurance, Financing, Securities & Stock Administration, Equity Participation, Travel Services, & Venture Capital, out of which the majority of the revenue is generated from the Insurance segment. The company's geographical segments include Java Island and Outside Java Island.

PT Equity Development Investment Tbk (ISX:GSMF) Headlines

No Headlines