PT Hanjaya Mandalampoerna Tbk (FRA:HSZ) Cyclically Adjusted Book per Share: €0.02 (As of Mar. 2026)


FRA:HSZ PT Hanjaya Mandala Sampoerna Tbk FRA:HSZ
89 GF Score
Price €0.03
GF Value €0.03
Valuation Fairly Valued
! 5 Warning Signs
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What is PT Hanjaya Mandalampoerna Tbk Cyclically Adjusted Book per Share?

PT Hanjaya Mandalampoerna Tbk FRA:HSZ -18.92% 89 Cyclically Adjusted Book per Share is €0.02 as of Mar. 2026. GuruFocus rates FRA:HSZ with a GF Score™ of 89/100 and a GF Value™ of €0.03 (Fairly Valued). The stock has 5 warning signs 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 Hanjaya Mandalampoerna Tbk's adjusted book value per share for the three months ended in Mar. 2026 was €0.013. 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 €0.02 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Hanjaya Mandalampoerna Tbk's average Cyclically Adjusted Book Growth Rate was 2.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.00% 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 Hanjaya Mandalampoerna Tbk was 6.90% per year. The lowest was 5.10% per year. And the median was 6.10% per year.

As of today (2026-07-04), PT Hanjaya Mandalampoerna Tbk's current stock price is €0.03. PT Hanjaya Mandalampoerna Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.02. PT Hanjaya Mandalampoerna Tbk's Cyclically Adjusted PB Ratio of today is 1.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Hanjaya Mandalampoerna Tbk was 8.53. The lowest was 1.78. And the median was 3.54.


PT Hanjaya Mandalampoerna Tbk  (FRA:HSZ) 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 Hanjaya Mandalampoerna Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.03/0.02
=1.50

* 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 Hanjaya Mandalampoerna Tbk was 8.53. The lowest was 1.78. And the median was 3.54.


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 Hanjaya Mandalampoerna Tbk Cyclically Adjusted Book per Share Related Terms


PT Hanjaya Mandalampoerna Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Hanjaya Mandalampoerna 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 Hanjaya Mandalampoerna Tbk Cyclically Adjusted Book per Share Chart

PT Hanjaya Mandalampoerna 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 0.01 0.01 0.01 0.01 0.01

PT Hanjaya Mandalampoerna 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 0.01 0.01 0.01 0.01 0.02

FRA:HSZ vs PM, MO, TPB: Cyclically Adjusted Book per Share Comparison

For the Tobacco subindustry, PT Hanjaya Mandalampoerna 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 Hanjaya Mandalampoerna Tbk Cyclically Adjusted PB Ratio vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, PT Hanjaya Mandalampoerna Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Hanjaya Mandalampoerna Tbk's Cyclically Adjusted PB Ratio falls into.


FRA:HSZ
89GF Score
PT Hanjaya Mandala Sampoerna Tbk FRA:HSZ
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Hanjaya Mandalampoerna 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 Hanjaya Mandalampoerna 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)
=0.013/136.5387*136.5387
=0.013

Current CPI (Mar. 2026) = 136.5387.

PT Hanjaya Mandalampoerna Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.016 103.212 0.021
201609 0.018 104.142 0.024
201612 0.021 105.222 0.027
201703 0.023 106.476 0.029
201706 0.016 107.722 0.020
201709 0.017 108.020 0.021
201712 0.018 109.017 0.023
201803 0.019 110.097 0.024
201806 0.015 111.085 0.018
201809 0.016 111.135 0.020
201812 0.018 112.430 0.022
201903 0.021 112.829 0.025
201906 0.015 114.730 0.018
201909 0.018 114.905 0.021
201912 0.020 115.486 0.024
202003 0.020 116.252 0.023
202006 0.014 116.630 0.016
202009 0.014 116.397 0.016
202012 0.015 117.318 0.017
202103 0.016 117.840 0.019
202106 0.013 118.184 0.015
202109 0.014 118.262 0.016
202112 0.016 119.516 0.018
202203 0.017 120.948 0.019
202206 0.014 123.322 0.016
202209 0.015 125.298 0.016
202212 0.015 126.098 0.016
202303 0.016 126.953 0.017
202306 0.014 127.663 0.015
202309 0.015 128.151 0.016
202312 0.015 129.395 0.016
202403 0.016 130.607 0.017
202406 0.012 130.792 0.013
202409 0.014 130.361 0.015
202412 0.015 131.432 0.016
202503 0.015 131.948 0.016
202506 0.011 133.241 0.011
202509 0.012 133.819 0.012
202512 0.012 135.271 0.012
202603 0.013 136.539 0.013

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 €0.02 mean?
PT Hanjaya Mandalampoerna Tbk (FRA:HSZ) has a Cyclically Adjusted Book per Share of €0.02 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 Hanjaya Mandalampoerna Tbk and its competitors.
Is PT Hanjaya Mandalampoerna Tbk's Cyclically Adjusted Book per Share too high?
PT Hanjaya Mandalampoerna Tbk's current Cyclically Adjusted Book per Share is €0.02. Overall, PT Hanjaya Mandalampoerna Tbk has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Hanjaya Mandalampoerna Tbk's Cyclically Adjusted Book per Share compare to PM and MO?
PT Hanjaya Mandalampoerna Tbk's Cyclically Adjusted Book per Share of €0.02 can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good Cyclically Adjusted Book per Share depends on the Tobacco Products 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 Hanjaya Mandalampoerna Tbk and its competitors. PT Hanjaya Mandalampoerna Tbk's current Cyclically Adjusted Book per Share is €0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Hanjaya Mandalampoerna Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Hanjaya Mandalampoerna Tbk (FRA:HSZ) is currently considered Fairly Valued. The stock's GF Value™ is €0.03, compared to a current price of €0.03 — trading right at its estimated fair value. The current Cyclically Adjusted Book per Share is €0.02. PT Hanjaya Mandalampoerna Tbk's overall GF Score™ is 89/100 with 5 warning signs 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 Hanjaya Mandalampoerna Tbk (FRA:HSZ), the current Cyclically Adjusted Book per Share is €0.02 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 Hanjaya Mandalampoerna Tbk (FRA:HSZ) Overvalued in 2026?

Based on GuruFocus' analysis, PT Hanjaya Mandalampoerna Tbk stock appears to be undervalued. The current stock price of €0.03 is trading 0% below its estimated GF Value™ of €0.03. GuruFocus considers PT Hanjaya Mandalampoerna Tbk to be Fairly Valued.

Key valuation signals for FRA:HSZ:

  • Cyclically Adjusted Book per Share: €0.02
  • GF Value™: €0.03 vs. price of €0.03 (0% below fair value)
  • GF Score™: 89/100 with 5 warning signs

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


PT Hanjaya Mandalampoerna Tbk Business Description

Address Jalan Rungkut Industri Raya No. 18, Surabaya, IDN, 60293
PT Hanjaya Mandala Sampoerna Tbk is an Indonesian tobacco company. The company produces a number of brands of cigarettes and is well known, such as Sampoerna A, Sampoerna Kretek, Malboro, Magnum, Dji Sam Soe, and others. The scope of activities of the company comprises, among others manufacturing, trading, and distributing cigarettes. The company's flagship brand is Dji Sam Soe Kretek.
89GF Score

Get the complete analysis for FRA:HSZ

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

€0.03
Price
€0.03
GF Value