PT Indofood CBP Sukses Makmur Tbk (FRA:48I) Cyclically Adjusted Book per Share: €0.15 (As of Mar. 2026)


FRA:48I PT Indofood CBP Sukses Makmur Tbk FRA:48I
59 GF Score
Price €0.31
GF Value €0.58
Valuation Significantly Undervalued
! 1 Warning Sign
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What is PT Indofood CBP Sukses Makmur Tbk Cyclically Adjusted Book per Share?

PT Indofood CBP Sukses Makmur Tbk FRA:48I -14.53% 59 Cyclically Adjusted Book per Share is €0.15 as of Mar. 2026. GuruFocus rates FRA:48I with a GF Score™ of 59/100 and a GF Value™ of €0.58 (Significantly Undervalued). The stock has 1 warning sign investors should review.

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 Indofood CBP Sukses Makmur Tbk's adjusted book value per share for the three months ended in Mar. 2026 was €0.239. 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 €0.15 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Indofood CBP Sukses Makmur Tbk's average Cyclically Adjusted Book Growth Rate was 13.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.00% 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 Indofood CBP Sukses Makmur Tbk was 11.50% per year. The lowest was 11.00% per year. And the median was 11.25% per year.

As of today (2026-07-08), PT Indofood CBP Sukses Makmur Tbk's current stock price is €0.306. PT Indofood CBP Sukses Makmur Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.15. PT Indofood CBP Sukses Makmur Tbk's Cyclically Adjusted PB Ratio of today is 2.04.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Indofood CBP Sukses Makmur Tbk was 5.28. The lowest was 2.08. And the median was 4.41.


PT Indofood CBP Sukses Makmur Tbk  (FRA:48I) 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 Indofood CBP Sukses Makmur Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.306/0.15
=2.04

* 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 Indofood CBP Sukses Makmur Tbk was 5.28. The lowest was 2.08. And the median was 4.41.


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 Indofood CBP Sukses Makmur Tbk Cyclically Adjusted Book per Share Related Terms


PT Indofood CBP Sukses Makmur Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Indofood CBP Sukses Makmur 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.

PT Indofood CBP Sukses Makmur Tbk Cyclically Adjusted Book per Share Chart

PT Indofood CBP Sukses Makmur Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.13 0.14 0.15 0.16

PT Indofood CBP Sukses Makmur Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.15 0.15 0.15 0.16 0.15

FRA:48I vs KHC, GIS: Cyclically Adjusted Book per Share Comparison

For the Packaged Foods subindustry, PT Indofood CBP Sukses Makmur 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 Indofood CBP Sukses Makmur Tbk Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Indofood CBP Sukses Makmur Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Indofood CBP Sukses Makmur Tbk's Cyclically Adjusted PB Ratio falls into.


FRA:48I
59GF Score
PT Indofood CBP Sukses Makmur Tbk FRA:48I
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Indofood CBP Sukses Makmur 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 Indofood CBP Sukses Makmur Tbk's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.239/136.5387*136.5387
=0.239

Current CPI (Mar. 2026) = 136.5387.

PT Indofood CBP Sukses Makmur Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.091 103.212 0.120
201609 0.098 104.142 0.128
201612 0.106 105.222 0.138
201703 0.113 106.476 0.145
201706 0.103 107.722 0.131
201709 0.102 108.020 0.129
201712 0.105 109.017 0.132
201803 0.104 110.097 0.129
201806 0.103 111.085 0.127
201809 0.103 111.135 0.127
201812 0.112 112.430 0.136
201903 0.123 112.829 0.149
201906 0.121 114.730 0.144
201909 0.132 114.905 0.157
201912 0.139 115.486 0.164
202003 0.139 116.252 0.163
202006 0.154 116.630 0.180
202009 0.132 116.397 0.155
202012 0.146 117.318 0.170
202103 0.158 117.840 0.183
202106 0.163 118.184 0.188
202109 0.163 118.262 0.188
202112 0.181 119.516 0.207
202203 0.196 120.948 0.221
202206 0.198 123.322 0.219
202209 0.203 125.298 0.221
202212 0.189 126.098 0.205
202303 0.210 126.953 0.226
202306 0.210 127.663 0.225
202309 0.214 128.151 0.228
202312 0.207 129.395 0.218
202403 0.216 130.607 0.226
202406 0.205 130.792 0.214
202409 0.232 130.361 0.243
202412 0.231 131.432 0.240
202503 0.230 131.948 0.238
202506 0.217 133.241 0.222
202509 0.218 133.819 0.222
202512 0.226 135.271 0.228
202603 0.239 136.539 0.239

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

What does a Cyclically Adjusted Book per Share of €0.15 mean?
PT Indofood CBP Sukses Makmur Tbk (FRA:48I) has a Cyclically Adjusted Book per Share of €0.15 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on PT Indofood CBP Sukses Makmur Tbk and its competitors.
Is PT Indofood CBP Sukses Makmur Tbk's Cyclically Adjusted Book per Share too high?
PT Indofood CBP Sukses Makmur Tbk's current Cyclically Adjusted Book per Share is €0.15. Overall, PT Indofood CBP Sukses Makmur Tbk has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Indofood CBP Sukses Makmur Tbk's Cyclically Adjusted Book per Share compare to KHC and GIS?
PT Indofood CBP Sukses Makmur Tbk's Cyclically Adjusted Book per Share of €0.15 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Consumer Packaged Goods company?
A good Cyclically Adjusted Book per Share depends on the Consumer Packaged Goods industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on PT Indofood CBP Sukses Makmur Tbk and its competitors. PT Indofood CBP Sukses Makmur Tbk's current Cyclically Adjusted Book per Share is €0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indofood CBP Sukses Makmur Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indofood CBP Sukses Makmur Tbk (FRA:48I) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.58, compared to a current price of €0.31 — trading 47.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is €0.15. PT Indofood CBP Sukses Makmur Tbk's overall GF Score™ is 59/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For PT Indofood CBP Sukses Makmur Tbk (FRA:48I), the current Cyclically Adjusted Book per Share is €0.15 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PT Indofood CBP Sukses Makmur Tbk (FRA:48I) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indofood CBP Sukses Makmur Tbk stock appears to be undervalued. The current stock price of €0.31 is trading 47.2% below its estimated GF Value™ of €0.58. GuruFocus considers PT Indofood CBP Sukses Makmur Tbk to be Significantly Undervalued.

Key valuation signals for FRA:48I:

  • Cyclically Adjusted Book per Share: €0.15
  • GF Value™: €0.58 vs. price of €0.31 (47.2% below fair value)
  • GF Score™: 59/100 with 1 warning sign

No single metric tells the full story. See the FRA:48I stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Indofood CBP Sukses Makmur Tbk Business Description

Address Jalan Jenderal Sudirman, Kav. 76 - 78, Sudirman Plaza, Indofood Tower, 23rd Floor, Jakarta, IDN, 12910
PT Indofood CBP Sukses Makmur Tbk operates in the consumer-branded products sector, offering products like noodles, milk, butter, biscuits, chips, chili sauce, syrups, ready-to-drink tea, condiments, etc. These are marketed under various brands such as Indomie, Supermi, Indomilk, Cap Enaak, Chitato, Sambal Indofood, Bumbu Racik, Govit, Sun, Ichi Ocha, Club, and others. The Group also operates a packaging business that produces flexible and corrugated packaging for its products. It classifies its business into the following divisions: Noodles, which generates maximum revenue, Dairy (dairy products), Food Seasonings, Snack Foods, Nutrition and Special Foods, and Beverages. Geographically, the Group derives maximum revenue from Indonesia, and the rest from Asia and Africa, and other regions.
59GF Score

Get the complete analysis for FRA:48I

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.31
Price
€0.58
GF Value