PT Bank IBK Indonesia Tbk (ISX:AGRS) Cyclically Adjusted Book per Share: Rp133.92 (As of Jun. 2026)

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ISX:AGRS PT Bank IBK Indonesia Tbk ISX:AGRS
47 GF Score
Price Rp63.00
GF Value Rp61.17
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is PT Bank IBK Indonesia Tbk Cyclically Adjusted Book per Share?

PT Bank IBK Indonesia Tbk ISX:AGRS 47 Cyclically Adjusted Book per Share is Rp133.92 as of Jun. 2026. GuruFocus rates ISX:AGRS with a GF Score™ of 47/100 and a GF Value™ of Rp61.17 (Fairly Valued). The stock has 2 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 Bank IBK Indonesia Tbk's adjusted book value per share for the three months ended in Jun. 2026 was Rp123.672. 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 Rp133.92 for the trailing ten years ended in Jun. 2026.

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 (2026-09-09), PT Bank IBK Indonesia Tbk's current stock price is Rp63.00. PT Bank IBK Indonesia Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Rp133.92. PT Bank IBK Indonesia Tbk's Cyclically Adjusted PB Ratio of today is 0.47.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Bank IBK Indonesia Tbk was 0.73. The lowest was 0.42. And the median was 0.54.


PT Bank IBK Indonesia Tbk  (ISX:AGRS) 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 Bank IBK Indonesia Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=63.00/133.92
=0.47

* 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 Bank IBK Indonesia Tbk was 0.73. The lowest was 0.42. And the median was 0.54.


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 Bank IBK Indonesia Tbk Cyclically Adjusted Book per Share Related Terms


PT Bank IBK Indonesia Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

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

PT Bank IBK 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 0.00 0.00 121.48 124.24 130.45

PT Bank IBK Indonesia Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 128.49 130.45 132.22 133.92

PT Bank IBK Indonesia Tbk Cyclically Adjusted Book per Share Competitor Comparison

For the Banks - Regional subindustry, PT Bank IBK 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 Bank IBK Indonesia Tbk Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, PT Bank IBK Indonesia Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:AGRS
47GF Score
PT Bank IBK Indonesia Tbk ISX:AGRS
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Bank IBK 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 Bank IBK Indonesia Tbk's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=123.672/137.6954*137.6954
=123.672

Current CPI (Jun. 2026) = 137.6954.

PT Bank IBK Indonesia Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 77.162 104.142 102.022
201612 76.331 105.222 99.888
201703 76.802 106.476 99.321
201706 77.189 107.722 98.667
201709 77.427 108.020 98.697
201712 75.217 109.017 95.004
201803 74.602 110.097 93.303
201806 73.636 111.085 91.276
201809 73.985 111.135 91.667
201812 71.037 112.430 87.001
201903 163.145 112.829 199.101
201906 158.592 114.730 190.337
201909 0.000 114.905 0.000
201912 118.861 115.486 141.720
202003 114.674 116.252 135.826
202006 71.509 116.630 84.425
202009 131.100 116.397 155.089
202012 118.813 117.318 139.450
202103 127.627 117.840 149.132
202106 159.655 118.184 186.013
202109 107.707 118.262 125.406
202112 162.427 119.516 187.133
202203 162.983 120.948 185.551
202206 162.229 123.322 181.136
202209 109.581 125.298 120.423
202212 150.864 126.098 164.740
202303 153.081 126.953 166.035
202306 155.744 127.663 167.983
202309 114.629 128.151 123.166
202312 142.168 129.395 151.288
202403 143.370 130.607 151.151
202406 144.701 130.792 152.339
202409 0.000 130.361 0.000
202412 116.569 131.432 122.125
202503 118.018 131.948 123.158
202506 0.000 133.241 0.000
202509 121.310 133.819 124.824
202512 121.490 135.271 123.667
202603 122.199 136.539 123.234
202606 123.672 137.695 123.672

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 Rp133.92 mean?
PT Bank IBK Indonesia Tbk (ISX:AGRS) has a Cyclically Adjusted Book per Share of Rp133.92 as of Jun. 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 Bank IBK Indonesia Tbk and its competitors.
Is PT Bank IBK Indonesia Tbk's Cyclically Adjusted Book per Share too high?
PT Bank IBK Indonesia Tbk's current Cyclically Adjusted Book per Share is Rp133.92. Overall, PT Bank IBK Indonesia Tbk has a GF Score™ of 47/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Bank IBK Indonesia Tbk's Cyclically Adjusted Book per Share compare to competitors?
PT Bank IBK Indonesia Tbk's Cyclically Adjusted Book per Share of Rp133.92 can be compared against companies in the Banks 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 Banks company?
A good Cyclically Adjusted Book per Share depends on the Banks 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 Bank IBK Indonesia Tbk and its competitors. PT Bank IBK Indonesia Tbk's current Cyclically Adjusted Book per Share is Rp133.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bank IBK Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bank IBK Indonesia Tbk (ISX:AGRS) is currently considered Fairly Valued. The stock's GF Value™ is Rp61.17, compared to a current price of Rp63.00 — trading 3% above its estimated fair value. The current Cyclically Adjusted Book per Share is Rp133.92. PT Bank IBK Indonesia Tbk's overall GF Score™ is 47/100 with 2 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 Bank IBK Indonesia Tbk (ISX:AGRS), the current Cyclically Adjusted Book per Share is Rp133.92 as of Jun. 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 Bank IBK Indonesia Tbk (ISX:AGRS) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bank IBK Indonesia Tbk stock appears to be overvalued. The current stock price of Rp63.00 is trading 3% above its estimated GF Value™ of Rp61.17. GuruFocus considers PT Bank IBK Indonesia Tbk to be Fairly Valued.

Key valuation signals for ISX:AGRS:

  • Cyclically Adjusted Book per Share: Rp133.92
  • GF Value™: Rp61.17 vs. price of Rp63.00 (3% above fair value)
  • GF Score™: 47/100 with 2 warning signs

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


PT Bank IBK Indonesia Tbk Business Description

Address Jalan Jenderal Sudirman No. 28, Wisma GKBI, Suite UG-01, Central Jakarta, Jakarta, IDN, 10210
PT Bank IBK Indonesia Tbk is an Indonesian-based banking firm. It offers various products and services designed to address the diverse financial needs of customers, both individuals and corporations. The company's product and service offerings include savings, checking accounts, time deposits, syndicated credit facilities, working capital loans, consumer loans, internet and mobile banking services, debit and credit cards, etc. Geographically, it operates across different regions in Indonesia, such as Java, its key revenue-generating market, Sumatera, Kalimantan, and Bali.
47GF Score

Get the complete analysis for ISX:AGRS

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

Rp63.00
Price
Rp61.17
GF Value