PT Acset Indonusa Tbk (ISX:ACST) Cyclically Adjusted Book per Share: Rp462.63 (As of Mar. 2026)


ISX:ACST PT Acset Indonusa Tbk ISX:ACST
48 GF Score
Price Rp76.00
GF Value Rp76.27
Valuation Fairly Valued
! 10 Warning Signs
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What is PT Acset Indonusa Tbk Cyclically Adjusted Book per Share?

PT Acset Indonusa Tbk ISX:ACST 48 Cyclically Adjusted Book per Share is Rp462.63 as of Mar. 2026. GuruFocus rates ISX:ACST with a GF Score™ of 48/100 and a GF Value™ of Rp76.27 (Fairly Valued). The stock has 10 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 Acset Indonusa Tbk's adjusted book value per share for the three months ended in Mar. 2026 was Rp-20.889. 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 Rp462.63 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Acset Indonusa Tbk's average Cyclically Adjusted Book Growth Rate was -13.40% 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.

As of today (2026-07-01), PT Acset Indonusa Tbk's current stock price is Rp76.00. PT Acset Indonusa Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp462.63. PT Acset Indonusa Tbk's Cyclically Adjusted PB Ratio of today is 0.16.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Acset Indonusa Tbk was 0.35. The lowest was 0.11. And the median was 0.20.


PT Acset Indonusa Tbk  (ISX:ACST) 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 Acset Indonusa Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=76.00/462.63
=0.16

* 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 Acset Indonusa Tbk was 0.35. The lowest was 0.11. And the median was 0.20.


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 Acset Indonusa Tbk Cyclically Adjusted Book per Share Related Terms


PT Acset Indonusa Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Acset Indonusa 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 Acset Indonusa Tbk Cyclically Adjusted Book per Share Chart

PT Acset Indonusa 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 0.00 0.00 619.44 555.20 481.89

PT Acset Indonusa 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 534.46 518.57 499.51 481.89 462.63

ISX:ACST vs PWR, FIX, EME: Cyclically Adjusted Book per Share Comparison

For the Engineering & Construction subindustry, PT Acset Indonusa 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 Acset Indonusa Tbk Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, PT Acset Indonusa Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:ACST
48GF Score
PT Acset Indonusa Tbk ISX:ACST
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Acset Indonusa 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 Acset Indonusa 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)
=-20.889/136.5387*136.5387
=-20.889

Current CPI (Mar. 2026) = 136.5387.

PT Acset Indonusa Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 979.674 103.212 1,296.003
201609 979.858 104.142 1,284.669
201612 998.661 105.222 1,295.889
201703 1,022.043 106.476 1,310.610
201706 1,032.732 107.722 1,309.004
201709 1,052.552 108.020 1,330.435
201712 1,082.741 109.017 1,356.084
201803 1,112.691 110.097 1,379.929
201806 1,107.868 111.085 1,361.725
201809 1,121.696 111.135 1,378.104
201812 1,054.048 112.430 1,280.072
201903 984.345 112.829 1,191.199
201906 740.821 114.730 881.640
201909 473.793 114.905 562.998
201912 175.258 115.486 207.207
202003 80.205 116.252 94.201
202006 -18.224 116.630 -21.335
202009 151.202 116.397 177.367
202012 42.849 117.318 49.869
202103 30.667 117.840 35.533
202106 19.229 118.184 22.215
202109 109.636 118.262 126.580
202112 85.584 119.516 97.774
202203 83.611 120.948 94.389
202206 76.555 123.322 84.759
202209 67.679 125.298 73.750
202212 50.710 126.098 54.909
202303 48.347 126.953 51.998
202306 46.354 127.663 49.577
202309 38.772 128.151 41.310
202312 29.534 129.395 31.165
202403 26.173 130.607 27.362
202406 18.797 130.792 19.623
202409 6.957 130.361 7.287
202412 -13.250 131.432 -13.765
202503 -13.562 131.948 -14.034
202506 16.963 133.241 17.383
202509 12.858 133.819 13.119
202512 -20.436 135.271 -20.628
202603 -20.889 136.539 -20.889

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 Rp462.63 mean?
PT Acset Indonusa Tbk (ISX:ACST) has a Cyclically Adjusted Book per Share of Rp462.63 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 Acset Indonusa Tbk and its competitors.
Is PT Acset Indonusa Tbk's Cyclically Adjusted Book per Share too high?
PT Acset Indonusa Tbk's current Cyclically Adjusted Book per Share is Rp462.63. Overall, PT Acset Indonusa Tbk has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Acset Indonusa Tbk's Cyclically Adjusted Book per Share compare to PWR and FIX?
PT Acset Indonusa Tbk's Cyclically Adjusted Book per Share of Rp462.63 can be compared against companies in the Construction 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 Construction company?
A good Cyclically Adjusted Book per Share depends on the Construction 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 Acset Indonusa Tbk and its competitors. PT Acset Indonusa Tbk's current Cyclically Adjusted Book per Share is Rp462.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Acset Indonusa Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Acset Indonusa Tbk (ISX:ACST) is currently considered Fairly Valued. The stock's GF Value™ is Rp76.27, compared to a current price of Rp76.00 — trading 0.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is Rp462.63. PT Acset Indonusa Tbk's overall GF Score™ is 48/100 with 10 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 Acset Indonusa Tbk (ISX:ACST), the current Cyclically Adjusted Book per Share is Rp462.63 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 Acset Indonusa Tbk (ISX:ACST) Overvalued in 2026?

Based on GuruFocus' analysis, PT Acset Indonusa Tbk stock appears to be undervalued. The current stock price of Rp76.00 is trading 0.4% below its estimated GF Value™ of Rp76.27. GuruFocus considers PT Acset Indonusa Tbk to be Fairly Valued.

Key valuation signals for ISX:ACST:

  • Cyclically Adjusted Book per Share: Rp462.63
  • GF Value™: Rp76.27 vs. price of Rp76.00 (0.4% below fair value)
  • GF Score™: 48/100 with 10 warning signs

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


PT Acset Indonusa Tbk Business Description

Address Jalan. Majapahit No. 26, Acset Building, Petojo Selatan-Gambir, Jakarta, IDN, 10160
PT Acset Indonusa Tbk is an Indonesia-based company which is mainly engaged in the building and construction sector. The company operates through three segments namely Construction, Construction Support Services, and Trading. The majority of the revenue is generated from the Construction segment. Additionally, it is also involved in business activities such as building department stores, hotels, offices, apartments, bridges, and others.
48GF Score

Get the complete analysis for ISX:ACST

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

Rp76.00
Price
Rp76.27
GF Value