PT Arwana Citramulia Tbk (ISX:ARNA) Cyclically Adjusted Book per Share: Rp211.99 (As of Mar. 2026)

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ISX:ARNA PT Arwana Citramulia Tbk ISX:ARNA
59 GF Score
Price Rp462.00
GF Value Rp834.84
Valuation Significantly Undervalued
! 4 Warning Signs
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What is PT Arwana Citramulia Tbk Cyclically Adjusted Book per Share?

PT Arwana Citramulia Tbk ISX:ARNA 59 Cyclically Adjusted Book per Share is Rp211.99 as of Mar. 2026. GuruFocus rates ISX:ARNA with a GF Score™ of 59/100 and a GF Value™ of Rp834.84 (Significantly Undervalued). The stock has 4 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 Arwana Citramulia Tbk's adjusted book value per share for the three months ended in Mar. 2026 was Rp281.392. 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 Rp211.99 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Arwana Citramulia Tbk's average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.20% 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 Arwana Citramulia Tbk was 10.40% per year. The lowest was 7.80% per year. And the median was 9.15% per year.

As of today (2026-07-18), PT Arwana Citramulia Tbk's current stock price is Rp462.00. PT Arwana Citramulia Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp211.99. PT Arwana Citramulia Tbk's Cyclically Adjusted PB Ratio of today is 2.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Arwana Citramulia Tbk was 7.14. The lowest was 1.93. And the median was 3.84.


PT Arwana Citramulia Tbk  (ISX:ARNA) 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 Arwana Citramulia Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=462.00/211.99
=2.18

* 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 Arwana Citramulia Tbk was 7.14. The lowest was 1.93. And the median was 3.84.


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 Arwana Citramulia Tbk Cyclically Adjusted Book per Share Related Terms


PT Arwana Citramulia Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Arwana Citramulia 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 Arwana Citramulia Tbk Cyclically Adjusted Book per Share Chart

PT Arwana Citramulia 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 145.95 165.23 179.75 191.37 207.10

PT Arwana Citramulia 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 194.67 198.74 202.14 207.10 211.99

ISX:ARNA vs TT, JCI, CARR: Cyclically Adjusted Book per Share Comparison

For the Building Products & Equipment subindustry, PT Arwana Citramulia 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 Arwana Citramulia Tbk Cyclically Adjusted PB Ratio vs Construction Industry

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

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


ISX:ARNA
59GF Score
PT Arwana Citramulia Tbk ISX:ARNA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Arwana Citramulia 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 Arwana Citramulia 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)
=281.392/136.5387*136.5387
=281.392

Current CPI (Mar. 2026) = 136.5387.

PT Arwana Citramulia Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 121.220 103.212 160.361
201609 123.442 104.142 161.842
201612 127.140 105.222 164.980
201703 132.977 106.476 170.522
201706 130.523 107.722 165.440
201709 133.566 108.020 168.829
201712 138.068 109.017 172.924
201803 131.440 110.097 163.008
201806 135.486 111.085 166.531
201809 141.679 111.135 174.065
201812 147.227 112.430 178.797
201903 138.500 112.829 167.605
201906 144.934 114.730 172.484
201909 152.856 114.905 181.636
201912 158.077 115.486 186.894
202003 144.156 116.252 169.312
202006 150.925 116.630 176.688
202009 164.358 116.397 192.800
202012 176.592 117.318 205.524
202103 164.290 117.840 190.360
202106 178.400 118.184 206.107
202109 195.887 118.262 226.161
202112 212.938 119.516 243.267
202203 191.398 120.948 216.070
202206 209.994 123.322 232.499
202209 230.976 125.298 251.696
202212 248.112 126.098 268.656
202303 213.096 126.953 229.187
202306 226.610 127.663 242.365
202309 241.614 128.151 257.427
202312 251.984 129.395 265.896
202403 220.946 130.607 230.981
202406 231.906 130.792 242.096
202409 245.925 130.361 257.579
202412 259.915 131.432 270.015
202503 273.358 131.948 282.868
202506 243.791 133.241 249.826
202509 257.352 133.819 262.582
202512 269.816 135.271 272.344
202603 281.392 136.539 281.392

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 Rp211.99 mean?
PT Arwana Citramulia Tbk (ISX:ARNA) has a Cyclically Adjusted Book per Share of Rp211.99 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 Arwana Citramulia Tbk and its competitors.
Is PT Arwana Citramulia Tbk's Cyclically Adjusted Book per Share too high?
PT Arwana Citramulia Tbk's current Cyclically Adjusted Book per Share is Rp211.99. Overall, PT Arwana Citramulia Tbk has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Arwana Citramulia Tbk's Cyclically Adjusted Book per Share compare to TT and JCI?
PT Arwana Citramulia Tbk's Cyclically Adjusted Book per Share of Rp211.99 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 Arwana Citramulia Tbk and its competitors. PT Arwana Citramulia Tbk's current Cyclically Adjusted Book per Share is Rp211.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Arwana Citramulia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Arwana Citramulia Tbk (ISX:ARNA) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp834.84, compared to a current price of Rp462.00 — trading 44.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is Rp211.99. PT Arwana Citramulia Tbk's overall GF Score™ is 59/100 with 4 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 Arwana Citramulia Tbk (ISX:ARNA), the current Cyclically Adjusted Book per Share is Rp211.99 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 Arwana Citramulia Tbk (ISX:ARNA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Arwana Citramulia Tbk stock appears to be undervalued. The current stock price of Rp462.00 is trading 44.7% below its estimated GF Value™ of Rp834.84. GuruFocus considers PT Arwana Citramulia Tbk to be Significantly Undervalued.

Key valuation signals for ISX:ARNA:

  • Cyclically Adjusted Book per Share: Rp211.99
  • GF Value™: Rp834.84 vs. price of Rp462.00 (44.7% below fair value)
  • GF Score™: 59/100 with 4 warning signs

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


PT Arwana Citramulia Tbk Business Description

Address Sentra Niaga Puri Indah, Blok T2 No. 24, Kembangan Selatan, West Jakarta, Jakarta, IDN, 11610
PT Arwana Citramulia Tbk is engaged in the manufacture and distribution of ceramic tiles in Indonesia. The company offers a range of ceramic tiles, including marble-look, granite-look, rustic, decorative, and wood-pattern tiles, marketed under the Arwana Ceramic Tiles brand. Its products are distributed through a wide network of distributors and retail outlets across Indonesia. The majority of the company's revenue is derived from the sale of ceramic tile products.
59GF Score

Get the complete analysis for ISX:ARNA

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

Rp462.00
Price
Rp834.84
GF Value