PT Bank Neo Commerce Tbk (ISX:BBYB) Cyclically Adjusted Book per Share: Rp234.19 (As of Mar. 2026)

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ISX:BBYB PT Bank Neo Commerce Tbk ISX:BBYB
78 GF Score
Price Rp256.00
GF Value Rp221.08
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is PT Bank Neo Commerce Tbk Cyclically Adjusted Book per Share?

PT Bank Neo Commerce Tbk ISX:BBYB -2.29% 78 Cyclically Adjusted Book per Share is Rp234.19 as of Mar. 2026. GuruFocus rates ISX:BBYB with a GF Score™ of 78/100 and a GF Value™ of Rp221.08 (Modestly Overvalued). 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 Neo Commerce Tbk's adjusted book value per share for the three months ended in Mar. 2026 was Rp322.448. 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 Rp234.19 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Bank Neo Commerce Tbk's average Cyclically Adjusted Book Growth Rate was 11.20% 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.

As of today (2026-07-20), PT Bank Neo Commerce Tbk's current stock price is Rp256.00. PT Bank Neo Commerce Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp234.19. PT Bank Neo Commerce Tbk's Cyclically Adjusted PB Ratio of today is 1.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Bank Neo Commerce Tbk was 2.69. The lowest was 0.78. And the median was 1.33.


PT Bank Neo Commerce Tbk  (ISX:BBYB) 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 Neo Commerce Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=256.00/234.19
=1.09

* 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 Neo Commerce Tbk was 2.69. The lowest was 0.78. And the median was 1.33.


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 Neo Commerce Tbk Cyclically Adjusted Book per Share Related Terms


PT Bank Neo Commerce Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Bank Neo Commerce 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 Neo Commerce Tbk Cyclically Adjusted Book per Share Chart

PT Bank Neo Commerce 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 0.00 191.98 206.13 228.15

PT Bank Neo Commerce 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 210.56 216.57 221.79 228.15 234.19

PT Bank Neo Commerce Tbk Cyclically Adjusted Book per Share Competitor Comparison

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

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

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


ISX:BBYB
78GF Score
PT Bank Neo Commerce Tbk ISX:BBYB
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Bank Neo Commerce 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 Neo Commerce 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)
=322.448/136.5387*136.5387
=322.448

Current CPI (Mar. 2026) = 136.5387.

PT Bank Neo Commerce Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 210.285 103.212 278.184
201609 219.477 104.142 287.751
201612 138.319 105.222 179.486
201703 144.438 106.476 185.219
201706 134.576 107.722 170.577
201709 138.201 108.020 174.687
201712 129.995 109.017 162.813
201803 134.949 110.097 167.360
201806 137.122 111.085 168.542
201809 136.695 111.135 167.942
201812 104.454 112.430 126.852
201903 122.899 112.829 148.725
201906 126.028 114.730 149.984
201909 0.000 114.905 0.000
201912 138.664 115.486 163.942
202003 140.874 116.252 165.457
202006 142.557 116.630 166.892
202009 150.208 116.397 176.201
202012 151.965 117.318 176.862
202103 143.983 117.840 166.830
202106 172.883 118.184 199.733
202109 155.056 118.262 179.019
202112 286.396 119.516 327.187
202203 244.218 120.948 275.698
202206 212.409 123.322 235.173
202209 223.291 125.298 243.322
202212 311.043 126.098 336.798
202303 307.857 126.953 331.103
202306 290.625 127.663 310.831
202309 268.335 128.151 285.897
202312 276.027 129.395 291.267
202403 300.872 130.607 314.537
202406 295.891 130.792 308.893
202409 273.077 130.361 286.018
202412 266.795 131.432 277.162
202503 279.735 131.948 289.467
202506 291.408 133.241 298.621
202509 309.640 133.819 315.933
202512 316.897 135.271 319.867
202603 322.448 136.539 322.448

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 Rp234.19 mean?
PT Bank Neo Commerce Tbk (ISX:BBYB) has a Cyclically Adjusted Book per Share of Rp234.19 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 Bank Neo Commerce Tbk and its competitors.
Is PT Bank Neo Commerce Tbk's Cyclically Adjusted Book per Share too high?
PT Bank Neo Commerce Tbk's current Cyclically Adjusted Book per Share is Rp234.19. Overall, PT Bank Neo Commerce Tbk has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Bank Neo Commerce Tbk's Cyclically Adjusted Book per Share compare to competitors?
PT Bank Neo Commerce Tbk's Cyclically Adjusted Book per Share of Rp234.19 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 Neo Commerce Tbk and its competitors. PT Bank Neo Commerce Tbk's current Cyclically Adjusted Book per Share is Rp234.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bank Neo Commerce Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bank Neo Commerce Tbk (ISX:BBYB) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp221.08, compared to a current price of Rp256.00 — trading 15.8% above its estimated fair value. The current Cyclically Adjusted Book per Share is Rp234.19. PT Bank Neo Commerce Tbk's overall GF Score™ is 78/100 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 Neo Commerce Tbk (ISX:BBYB), the current Cyclically Adjusted Book per Share is Rp234.19 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 Bank Neo Commerce Tbk (ISX:BBYB) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bank Neo Commerce Tbk stock appears to be overvalued. The current stock price of Rp256.00 is trading 15.8% above its estimated GF Value™ of Rp221.08. GuruFocus considers PT Bank Neo Commerce Tbk to be Modestly Overvalued.

Key valuation signals for ISX:BBYB:

  • Cyclically Adjusted Book per Share: Rp234.19
  • GF Value™: Rp221.08 vs. price of Rp256.00 (15.8% above fair value)
  • GF Score™: 78/100 with 2 warning signs

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


PT Bank Neo Commerce Tbk Business Description

Address Jalan Jend Sudirman Kav. 52-53, Treasury Tower, 60th Floor, District 8, Area Lot 28, Senayan, Kebayoran Baru, Jakarta, IDN, 12190
PT Bank Neo Commerce Tbk operates as a commercial bank. The company's products and services include current accounts, savings accounts, time deposits, and deposit on-call products and loans, such as pension, channeling, multi-purpose, vehicle, mortgage, personal, working capital, and investment loans. It offers various commercial banking products and services to individuals, corporates, and medium-sized businesses in Indonesia.
78GF Score

Get the complete analysis for ISX:BBYB

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

Rp256.00
Price
Rp221.08
GF Value