PT Vale Indonesia Tbk (FRA:XT3B) Cyclically Adjusted Book per Share: €0.17 (As of Mar. 2026)


FRA:XT3B PT Vale Indonesia Tbk FRA:XT3B
64 GF Score
Price €0.21
GF Value €0.22
Valuation Fairly Valued
! 5 Warning Signs
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What is PT Vale Indonesia Tbk Cyclically Adjusted Book per Share?

PT Vale Indonesia Tbk FRA:XT3B +6.06% 64 Cyclically Adjusted Book per Share is €0.17 as of Mar. 2026. GuruFocus rates FRA:XT3B with a GF Score™ of 64/100 and a GF Value™ of €0.22 (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 Vale Indonesia Tbk's adjusted book value per share for the three months ended in Mar. 2026 was €0.231. 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 €0.17 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Vale Indonesia Tbk's average Cyclically Adjusted Book Growth Rate was 6.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.30% 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 Vale Indonesia Tbk was 6.90% per year. The lowest was 3.80% per year. And the median was 5.80% per year.

As of today (2026-07-04), PT Vale Indonesia Tbk's current stock price is €0.21. PT Vale Indonesia Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.17. PT Vale Indonesia Tbk's Cyclically Adjusted PB Ratio of today is 1.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Vale Indonesia Tbk was 2.81. The lowest was 0.59. And the median was 1.45.


PT Vale Indonesia Tbk  (FRA:XT3B) 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 Vale Indonesia Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.21/0.17
=1.24

* 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 Vale Indonesia Tbk was 2.81. The lowest was 0.59. And the median was 1.45.


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 Vale Indonesia Tbk Cyclically Adjusted Book per Share Related Terms


PT Vale Indonesia Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Vale Indonesia 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 Vale Indonesia Tbk Cyclically Adjusted Book per Share Chart

PT Vale Indonesia 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 0.16 0.17 0.18 0.19 0.16

PT Vale Indonesia 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 0.17 0.17 0.17 0.16 0.17

PT Vale Indonesia Tbk Cyclically Adjusted Book per Share Competitor Comparison

For the Other Industrial Metals & Mining subindustry, PT Vale Indonesia 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 Vale Indonesia Tbk Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Vale Indonesia Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:XT3B
64GF Score
PT Vale Indonesia Tbk FRA:XT3B
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Vale Indonesia 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 Vale Indonesia 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)
=0.231/136.5387*136.5387
=0.231

Current CPI (Mar. 2026) = 136.5387.

PT Vale Indonesia Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.160 103.212 0.212
201609 0.162 104.142 0.212
201612 0.173 105.222 0.224
201703 0.170 106.476 0.218
201706 0.160 107.722 0.203
201709 0.151 108.020 0.191
201712 0.153 109.017 0.192
201803 0.147 110.097 0.182
201806 0.157 111.085 0.193
201809 0.159 111.135 0.195
201812 0.164 112.430 0.199
201903 0.163 112.829 0.197
201906 0.163 114.730 0.194
201909 0.170 114.905 0.202
201912 0.173 115.486 0.205
202003 0.177 116.252 0.208
202006 0.176 116.630 0.206
202009 0.170 116.397 0.199
202012 0.165 117.318 0.192
202103 0.171 117.840 0.198
202106 0.168 118.184 0.194
202109 0.178 118.262 0.206
202112 0.189 119.516 0.216
202203 0.200 120.948 0.226
202206 0.216 123.322 0.239
202209 0.233 125.298 0.254
202212 0.221 126.098 0.239
202303 0.227 126.953 0.244
202306 0.226 127.663 0.242
202309 0.234 128.151 0.249
202312 0.233 129.395 0.246
202403 0.234 130.607 0.245
202406 0.239 130.792 0.250
202409 0.233 130.361 0.244
202412 0.248 131.432 0.258
202503 0.242 131.948 0.250
202506 0.224 133.241 0.230
202509 0.223 133.819 0.228
202512 0.225 135.271 0.227
202603 0.231 136.539 0.231

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 €0.17 mean?
PT Vale Indonesia Tbk (FRA:XT3B) has a Cyclically Adjusted Book per Share of €0.17 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 Vale Indonesia Tbk and its competitors.
Is PT Vale Indonesia Tbk's Cyclically Adjusted Book per Share too high?
PT Vale Indonesia Tbk's current Cyclically Adjusted Book per Share is €0.17. Overall, PT Vale Indonesia Tbk has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Vale Indonesia Tbk's Cyclically Adjusted Book per Share compare to competitors?
PT Vale Indonesia Tbk's Cyclically Adjusted Book per Share of €0.17 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Cyclically Adjusted Book per Share depends on the Metals & Mining 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 Vale Indonesia Tbk and its competitors. PT Vale Indonesia Tbk's current Cyclically Adjusted Book per Share is €0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Vale Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Vale Indonesia Tbk (FRA:XT3B) is currently considered Fairly Valued. The stock's GF Value™ is €0.22, compared to a current price of €0.21 — trading 4.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is €0.17. PT Vale Indonesia Tbk's overall GF Score™ is 64/100 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 Vale Indonesia Tbk (FRA:XT3B), the current Cyclically Adjusted Book per Share is €0.17 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 Vale Indonesia Tbk (FRA:XT3B) Overvalued in 2026?

Based on GuruFocus' analysis, PT Vale Indonesia Tbk stock appears to be undervalued. The current stock price of €0.21 is trading 4.5% below its estimated GF Value™ of €0.22. GuruFocus considers PT Vale Indonesia Tbk to be Fairly Valued.

Key valuation signals for FRA:XT3B:

  • Cyclically Adjusted Book per Share: €0.17
  • GF Value™: €0.22 vs. price of €0.21 (4.5% below fair value)
  • GF Score™: 64/100 with 5 warning signs

No single metric tells the full story. See the FRA:XT3B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Vale Indonesia Tbk Business Description

Other Exchanges PTNDF:USAINCO:Indonesia
Address Jalan Jenderal Sudirman Kav. 71, Sequis Tower, Lantai 20, Unit 6 and 7, Jakarta, IDN, 12190
PT Vale Indonesia Tbk is an integrated nickel mining and processing company, with its primary operations located in the Sorowako Block, South Sulawesi Province. Utilizing pyrometallurgical and smelting technologies, the company processes laterite nickel ore into nickel matte. It is currently advancing its Indonesia Growth Project (IGP), which includes High-Pressure Acid Leach (HPAL) facilities in Pomalaa, Morowali, and Sorowako Limonite. The company operates in only one business and geographical segment: nickel mining and processing in Indonesia.
64GF Score

Get the complete analysis for FRA:XT3B

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

€0.21
Price
€0.22
GF Value