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PT Indah Kiat Pulp & Paper Tbk (ISX:INKP) Cyclically Adjusted PB Ratio : 0.86 (As of May. 22, 2024)


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What is PT Indah Kiat Pulp & Paper Tbk Cyclically Adjusted PB Ratio?

As of today (2024-05-22), PT Indah Kiat Pulp & Paper Tbk's current share price is Rp9625.00. PT Indah Kiat Pulp & Paper Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was Rp11,251.50. PT Indah Kiat Pulp & Paper Tbk's Cyclically Adjusted PB Ratio for today is 0.86.

The historical rank and industry rank for PT Indah Kiat Pulp & Paper Tbk's Cyclically Adjusted PB Ratio or its related term are showing as below:

ISX:INKP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.94   Max: 1.8
Current: 0.87

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

ISX:INKP's Cyclically Adjusted PB Ratio is ranked better than
51.36% of 220 companies
in the Forest Products industry
Industry Median: 0.89 vs ISX:INKP: 0.87

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 adjusted book value per share data 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 Rp11,251.50 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Indah Kiat Pulp & Paper Tbk Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PT Indah Kiat Pulp & Paper 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 Indah Kiat Pulp & Paper Tbk Cyclically Adjusted PB Ratio Chart

PT Indah Kiat Pulp & Paper 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 1.08 1.33 0.91 0.88 0.74

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 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 0.88 0.73 0.80 1.02 0.74

Competitive Comparison of PT Indah Kiat Pulp & Paper Tbk's Cyclically Adjusted PB Ratio

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 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 Indah Kiat Pulp & Paper Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9625.00/11251.5
=0.86

* 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 Indah Kiat Pulp & Paper Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

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)
=16905.491/129.3947*129.3947
=16,905.491

Current CPI (Dec. 2023) = 129.3947.

PT Indah Kiat Pulp & Paper Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201403 4,827.911 92.483 6,754.792
201406 5,102.265 93.015 7,097.860
201409 5,289.432 94.576 7,236.767
201412 5,457.461 98.819 7,146.031
201503 5,905.959 98.388 7,767.237
201506 6,090.463 99.766 7,899.213
201509 6,908.406 101.037 8,847.399
201512 6,613.231 102.133 8,378.474
201603 6,435.517 102.764 8,103.252
201606 6,416.338 103.212 8,044.004
201609 6,456.857 104.142 8,022.506
201612 6,923.069 105.222 8,513.517
201703 7,079.000 106.476 8,602.746
201706 7,261.578 107.722 8,722.583
201709 7,636.460 108.020 9,147.508
201712 7,966.844 109.017 9,456.033
201803 8,477.598 110.097 9,963.589
201806 9,260.276 111.085 10,786.640
201809 10,075.819 111.135 11,731.349
201812 9,981.334 112.430 11,487.440
201903 10,011.470 112.829 11,481.418
201906 10,034.550 114.730 11,317.139
201909 10,297.527 114.905 11,596.102
201912 10,176.448 115.486 11,402.071
202003 12,507.280 116.252 13,921.236
202006 10,990.181 116.630 12,193.034
202009 11,640.966 116.397 12,940.922
202012 10,972.891 117.318 12,102.429
202103 11,687.464 117.840 12,833.490
202106 12,006.169 118.184 13,145.062
202109 12,080.353 118.262 13,217.581
202112 12,426.127 119.516 13,453.208
202203 12,942.960 120.948 13,846.840
202206 13,936.420 123.322 14,622.639
202209 15,013.528 125.298 15,504.356
202212 16,115.508 126.098 16,536.870
202303 15,798.124 126.953 16,102.034
202306 16,082.144 127.663 16,300.305
202309 16,766.924 128.151 16,929.593
202312 16,905.491 129.395 16,905.491

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 Indah Kiat Pulp & Paper Tbk  (ISX:INKP) 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 Indah Kiat Pulp & Paper Tbk Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of PT Indah Kiat Pulp & Paper Tbk's Cyclically Adjusted PB Ratio 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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