GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » PT Indo Tambangraya Megah Tbk (ISX:ITMG) » Definitions » Cyclically Adjusted PB Ratio

PT Indo Tambangraya Megah Tbk (ISX:ITMG) Cyclically Adjusted PB Ratio : 1.56 (As of Jun. 06, 2024)


View and export this data going back to 2007. Start your Free Trial

What is PT Indo Tambangraya Megah Tbk Cyclically Adjusted PB Ratio?

As of today (2024-06-06), PT Indo Tambangraya Megah Tbk's current share price is Rp24850.00. PT Indo Tambangraya Megah Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp15,954.90. PT Indo Tambangraya Megah Tbk's Cyclically Adjusted PB Ratio for today is 1.56.

The historical rank and industry rank for PT Indo Tambangraya Megah Tbk's Cyclically Adjusted PB Ratio or its related term are showing as below:

ISX:ITMG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.68   Max: 3.31
Current: 1.57

During the past years, PT Indo Tambangraya Megah Tbk's highest Cyclically Adjusted PB Ratio was 3.31. The lowest was 0.58. And the median was 1.68.

ISX:ITMG's Cyclically Adjusted PB Ratio is ranked better than
50.36% of 139 companies
in the Other Energy Sources industry
Industry Median: 1.59 vs ISX:ITMG: 1.57

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 Indo Tambangraya Megah Tbk's adjusted book value per share data for the three months ended in Mar. 2024 was Rp23,392.967. 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 Rp15,954.90 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Indo Tambangraya Megah Tbk Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PT Indo Tambangraya Megah 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 Indo Tambangraya Megah Tbk Cyclically Adjusted PB Ratio Chart

PT Indo Tambangraya Megah 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 0.98 1.13 1.63 2.76 1.65

PT Indo Tambangraya Megah 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 2.71 1.62 1.91 1.65 1.67

Competitive Comparison of PT Indo Tambangraya Megah Tbk's Cyclically Adjusted PB Ratio

For the Thermal Coal subindustry, PT Indo Tambangraya Megah 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 Indo Tambangraya Megah Tbk's Cyclically Adjusted PB Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Indo Tambangraya Megah Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Indo Tambangraya Megah Tbk's Cyclically Adjusted PB Ratio falls into.



PT Indo Tambangraya Megah 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 Indo Tambangraya Megah Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24850.00/15954.9
=1.56

* 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 Indo Tambangraya Megah Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, PT Indo Tambangraya Megah 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)
=23392.967/130.6070*130.6070
=23,392.967

Current CPI (Mar. 2024) = 130.6070.

PT Indo Tambangraya Megah Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 10,064.250 93.015 14,131.746
201409 10,493.672 94.576 14,491.489
201412 9,739.246 98.819 12,872.105
201503 10,026.211 98.388 13,309.536
201506 10,450.529 99.766 13,681.123
201509 11,755.692 101.037 15,196.233
201512 10,188.878 102.133 13,029.495
201603 10,016.491 102.764 12,730.383
201606 10,163.170 103.212 12,860.688
201609 10,403.143 104.142 13,046.783
201612 11,118.618 105.222 13,801.018
201703 10,520.408 106.476 12,904.694
201706 11,125.659 107.722 13,489.312
201709 12,077.835 108.020 14,603.258
201712 11,835.948 109.017 14,179.982
201803 10,952.582 110.097 12,993.000
201806 11,804.900 111.085 13,879.522
201809 13,668.502 111.135 16,063.437
201812 12,843.463 112.430 14,919.929
201903 11,119.987 112.829 12,872.175
201906 11,471.231 114.730 13,058.663
201909 11,843.855 114.905 13,462.389
201912 11,279.615 115.486 12,756.507
202003 13,005.415 116.252 14,611.309
202006 11,341.249 116.630 12,700.412
202009 11,852.940 116.397 13,300.019
202012 10,986.718 117.318 12,231.210
202103 11,847.052 117.840 13,130.605
202106 12,086.235 118.184 13,356.700
202109 13,644.176 118.262 15,068.487
202112 15,736.108 119.516 17,196.393
202203 15,716.152 120.948 16,971.228
202206 19,557.326 123.322 20,712.569
202209 26,290.859 125.298 27,404.741
202212 27,218.537 126.098 28,191.882
202303 22,280.999 126.953 22,922.388
202306 23,861.267 127.663 24,411.544
202309 23,199.407 128.151 23,643.947
202312 24,388.506 129.395 24,617.002
202403 23,392.967 130.607 23,392.967

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 Indo Tambangraya Megah Tbk  (ISX:ITMG) 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 Indo Tambangraya Megah Tbk Cyclically Adjusted PB Ratio Related Terms

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


PT Indo Tambangraya Megah Tbk (ISX:ITMG) Business Description

Traded in Other Exchanges
Address
Jalan Sultan Iskandar Muda, Pondok Indah Office Tower III, 3rd Floor, Kav V-TA, Jakarta, IDN, 12310
PT Indo Tambangraya Megah Tbk is an Indonesia-based coal mining company. It operates in three segments: Upstream business, which includes coal mining, blending, and sales; Energy supply chain management segment includes fuel distribution, sales, and logistics, as well as empowerment of internal mining contractors; and Downstream segment includes the development of power plants and renewable energy ventures. The company's geographical segments include Taiwan, China, Hong Kong, and Korea; Domestic; South East Asia (excluding Indonesia), India, and Pakistan; Japan; Europe; and Australia & Oceania.

PT Indo Tambangraya Megah Tbk (ISX:ITMG) Headlines

No Headlines