PT Asuransi Multi Artha Guna Tbk (ISX:AMAG) Cyclically Adjusted Book per Share: Rp424.66 (As of Jun. 2026)

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ISX:AMAG PT Asuransi Multi Artha Guna Tbk ISX:AMAG
59 GF Score
Price Rp390.00
GF Value Rp453.27
Valuation Modestly Undervalued
! 2 Warning Signs
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What is PT Asuransi Multi Artha Guna Tbk Cyclically Adjusted Book per Share?

PT Asuransi Multi Artha Guna Tbk ISX:AMAG 59 Cyclically Adjusted Book per Share is Rp424.66 as of Jun. 2026. GuruFocus rates ISX:AMAG with a GF Score™ of 59/100 and a GF Value™ of Rp453.27 (Modestly Undervalued). 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 Asuransi Multi Artha Guna Tbk's adjusted book value per share for the three months ended in Jun. 2026 was Rp439.214. 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 Rp424.66 for the trailing ten years ended in Jun. 2026.

During the past 12 months, PT Asuransi Multi Artha Guna Tbk's average Cyclically Adjusted Book Growth Rate was 3.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.60% 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 Asuransi Multi Artha Guna Tbk was 2.30% per year. The lowest was 0.70% per year. And the median was 1.30% per year.

As of today (2026-08-28), PT Asuransi Multi Artha Guna Tbk's current stock price is Rp390.00. PT Asuransi Multi Artha Guna Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Rp424.66. PT Asuransi Multi Artha Guna Tbk's Cyclically Adjusted PB Ratio of today is 0.92.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Asuransi Multi Artha Guna Tbk was 1.09. The lowest was 0.50. And the median was 0.86.


PT Asuransi Multi Artha Guna Tbk  (ISX:AMAG) 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 Asuransi Multi Artha Guna Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=390.00/424.66
=0.92

* 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 Asuransi Multi Artha Guna Tbk was 1.09. The lowest was 0.50. And the median was 0.86.


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 Asuransi Multi Artha Guna Tbk Cyclically Adjusted Book per Share Related Terms


PT Asuransi Multi Artha Guna Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Asuransi Multi Artha Guna 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 Asuransi Multi Artha Guna Tbk Cyclically Adjusted Book per Share Chart

PT Asuransi Multi Artha Guna 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 389.80 408.37 408.71 405.70 417.20

PT Asuransi Multi Artha Guna 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 409.52 411.71 417.20 421.47 424.66

ISX:AMAG vs CB, PGR, TRV: Cyclically Adjusted Book per Share Comparison

For the Insurance - Property & Casualty subindustry, PT Asuransi Multi Artha Guna 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 Asuransi Multi Artha Guna Tbk Cyclically Adjusted PB Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, PT Asuransi Multi Artha Guna Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Asuransi Multi Artha Guna Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:AMAG
59GF Score
PT Asuransi Multi Artha Guna Tbk ISX:AMAG
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Asuransi Multi Artha Guna 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 Asuransi Multi Artha Guna 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)
=439.214/137.6954*137.6954
=439.214

Current CPI (Jun. 2026) = 137.6954.

PT Asuransi Multi Artha Guna Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 358.160 104.142 473.553
201612 352.642 105.222 461.474
201703 0.000 106.476 0.000
201706 361.294 107.722 461.825
201709 367.401 108.020 468.332
201712 370.687 109.017 468.202
201803 370.132 110.097 462.916
201806 355.142 111.085 440.217
201809 357.880 111.135 443.413
201812 365.148 112.430 447.205
201903 360.868 112.829 440.402
201906 379.683 114.730 455.683
201909 0.000 114.905 0.000
201912 390.098 115.486 465.119
202003 374.707 116.252 443.823
202006 396.703 116.630 468.355
202009 378.684 116.397 447.977
202012 401.150 117.318 470.827
202103 408.636 117.840 477.490
202106 366.520 118.184 427.030
202109 365.153 118.262 425.158
202112 372.875 119.516 429.592
202203 374.894 120.948 426.804
202206 326.804 123.322 364.892
202209 327.669 125.298 360.089
202212 341.016 126.098 372.381
202303 345.278 126.953 374.496
202306 335.155 127.663 361.493
202309 337.921 128.151 363.087
202312 370.292 129.395 394.046
202403 354.417 130.607 373.652
202406 337.381 130.792 355.190
202409 360.773 130.361 381.071
202412 399.877 131.432 418.935
202503 379.068 131.948 395.578
202506 362.852 133.241 374.984
202509 397.920 133.819 409.447
202512 438.130 135.271 445.982
202603 443.374 136.539 447.130
202606 439.214 137.695 439.214

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 Rp424.66 mean?
PT Asuransi Multi Artha Guna Tbk (ISX:AMAG) has a Cyclically Adjusted Book per Share of Rp424.66 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 Asuransi Multi Artha Guna Tbk and its competitors.
Is PT Asuransi Multi Artha Guna Tbk's Cyclically Adjusted Book per Share too high?
PT Asuransi Multi Artha Guna Tbk's current Cyclically Adjusted Book per Share is Rp424.66. Overall, PT Asuransi Multi Artha Guna Tbk has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Asuransi Multi Artha Guna Tbk's Cyclically Adjusted Book per Share compare to CB and PGR?
PT Asuransi Multi Artha Guna Tbk's Cyclically Adjusted Book per Share of Rp424.66 can be compared against companies in the Insurance 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 an Insurance company?
A good Cyclically Adjusted Book per Share depends on the Insurance 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 Asuransi Multi Artha Guna Tbk and its competitors. PT Asuransi Multi Artha Guna Tbk's current Cyclically Adjusted Book per Share is Rp424.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Asuransi Multi Artha Guna Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Asuransi Multi Artha Guna Tbk (ISX:AMAG) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp453.27, compared to a current price of Rp390.00 — trading 14% below its estimated fair value. The current Cyclically Adjusted Book per Share is Rp424.66. PT Asuransi Multi Artha Guna Tbk's overall GF Score™ is 59/100 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 Asuransi Multi Artha Guna Tbk (ISX:AMAG), the current Cyclically Adjusted Book per Share is Rp424.66 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 Asuransi Multi Artha Guna Tbk (ISX:AMAG) Overvalued in 2026?

Based on GuruFocus' analysis, PT Asuransi Multi Artha Guna Tbk stock appears to be undervalued. The current stock price of Rp390.00 is trading 14% below its estimated GF Value™ of Rp453.27. GuruFocus considers PT Asuransi Multi Artha Guna Tbk to be Modestly Undervalued.

Key valuation signals for ISX:AMAG:

  • Cyclically Adjusted Book per Share: Rp424.66
  • GF Value™: Rp453.27 vs. price of Rp390.00 (14% below fair value)
  • GF Score™: 59/100 with 2 warning signs

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


PT Asuransi Multi Artha Guna Tbk Business Description

Address Jalan KH Mas Mansyur Kav. 126, 17th Floor, The City Center Batavia Tower One, Karet Tengsin, Tanah Abang, Jakarta Pusat, Jakarta, IDN, 10220
PT Asuransi Multi Artha Guna Tbk is an insurance company. The company provides insurance in the areas of fire, earthquake, property, engineering, motor, heavy equipment, cargo, burglary, money, personal accident, health, travel, and suretyship. It also provides insurance for cash in ATM, car loan insurance, retail credit insurance, oil and gas insurance, insurance for cash in management, insurance for garage keeper liability, business protection plus insurance, and comprehensive machinery insurance. The company's reportable segments are based on the class of insurance business and include Motor vehicles, Health, Fire and Others. Maximum revenue is generated from the Motor vehicles segment.
59GF Score

Get the complete analysis for ISX:AMAG

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

Rp390.00
Price
Rp453.27
GF Value