PT MNC Kapital Indonesia Tbk (ISX:BCAP) Cyclically Adjusted Book per Share: Rp146.56 (As of Mar. 2026)


ISX:BCAP PT MNC Kapital Indonesia Tbk ISX:BCAP
74 GF Score
Price Rp50.00
GF Value Rp68.53
Valuation Modestly Undervalued
! 5 Warning Signs
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What is PT MNC Kapital Indonesia Tbk Cyclically Adjusted Book per Share?

PT MNC Kapital Indonesia Tbk ISX:BCAP 74 Cyclically Adjusted Book per Share is Rp146.56 as of Mar. 2026. GuruFocus rates ISX:BCAP with a GF Score™ of 74/100 and a GF Value™ of Rp68.53 (Modestly Undervalued). The stock has 5 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 MNC Kapital Indonesia Tbk's adjusted book value per share for the three months ended in Mar. 2026 was Rp108.479. 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 Rp146.56 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT MNC Kapital Indonesia Tbk's average Cyclically Adjusted Book Growth Rate was 0.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.00% 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 MNC Kapital Indonesia Tbk was 2.00% per year. The lowest was 2.00% per year. And the median was 2.00% per year.

As of today (2026-07-01), PT MNC Kapital Indonesia Tbk's current stock price is Rp50.00. PT MNC Kapital Indonesia Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp146.56. PT MNC Kapital Indonesia Tbk's Cyclically Adjusted PB Ratio of today is 0.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT MNC Kapital Indonesia Tbk was 0.85. The lowest was 0.17. And the median was 0.38.


PT MNC Kapital Indonesia Tbk  (ISX:BCAP) 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 MNC Kapital Indonesia Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=50.00/146.56
=0.34

* 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 MNC Kapital Indonesia Tbk was 0.85. The lowest was 0.17. And the median was 0.38.


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 MNC Kapital Indonesia Tbk Cyclically Adjusted Book per Share Related Terms


PT MNC Kapital Indonesia Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT MNC Kapital 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 MNC Kapital Indonesia Tbk Cyclically Adjusted Book per Share Chart

PT MNC Kapital 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 0.00 138.19 144.71 146.48 146.68

PT MNC Kapital Indonesia 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 146.22 146.76 146.60 146.68 146.56

ISX:BCAP vs VOYA, FRHC: Cyclically Adjusted Book per Share Comparison

For the Financial Conglomerates subindustry, PT MNC Kapital 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 MNC Kapital Indonesia Tbk Cyclically Adjusted PB Ratio vs Diversified Financial Services Industry

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

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


ISX:BCAP
74GF Score
PT MNC Kapital Indonesia Tbk ISX:BCAP
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT MNC Kapital 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 MNC Kapital Indonesia 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)
=108.479/136.5387*136.5387
=108.479

Current CPI (Mar. 2026) = 136.5387.

PT MNC Kapital Indonesia Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 132.392 103.212 175.140
201609 131.663 104.142 172.620
201612 137.618 105.222 178.577
201703 136.541 106.476 175.092
201706 136.069 107.722 172.470
201709 134.742 108.020 170.315
201712 127.739 109.017 159.987
201803 128.810 110.097 159.747
201806 129.710 111.085 159.432
201809 129.324 111.135 158.886
201812 130.674 112.430 158.695
201903 131.304 112.829 158.897
201906 129.801 114.730 154.474
201909 130.751 114.905 155.369
201912 126.548 115.486 149.617
202003 125.053 116.252 146.875
202006 121.300 116.630 142.006
202009 117.414 116.397 137.732
202012 117.326 117.318 136.548
202103 117.644 117.840 136.312
202106 120.099 118.184 138.751
202109 120.853 118.262 139.530
202112 122.347 119.516 139.773
202203 123.917 120.948 139.890
202206 122.963 123.322 136.141
202209 123.195 125.298 134.247
202212 125.617 126.098 136.018
202303 127.842 126.953 137.495
202306 125.415 127.663 134.135
202309 125.308 128.151 133.509
202312 144.432 129.395 152.406
202403 143.591 130.607 150.112
202406 143.724 130.792 150.039
202409 149.271 130.361 156.345
202412 135.508 131.432 140.774
202503 116.934 131.948 121.002
202506 119.502 133.241 122.460
202509 121.253 133.819 123.717
202512 107.595 135.271 108.603
202603 108.479 136.539 108.479

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 Rp146.56 mean?
PT MNC Kapital Indonesia Tbk (ISX:BCAP) has a Cyclically Adjusted Book per Share of Rp146.56 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 MNC Kapital Indonesia Tbk and its competitors.
Is PT MNC Kapital Indonesia Tbk's Cyclically Adjusted Book per Share too high?
PT MNC Kapital Indonesia Tbk's current Cyclically Adjusted Book per Share is Rp146.56. Overall, PT MNC Kapital Indonesia Tbk has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT MNC Kapital Indonesia Tbk's Cyclically Adjusted Book per Share compare to VOYA and FRHC?
PT MNC Kapital Indonesia Tbk's Cyclically Adjusted Book per Share of Rp146.56 can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Cyclically Adjusted Book per Share depends on the Diversified Financial Services 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 MNC Kapital Indonesia Tbk and its competitors. PT MNC Kapital Indonesia Tbk's current Cyclically Adjusted Book per Share is Rp146.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT MNC Kapital Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT MNC Kapital Indonesia Tbk (ISX:BCAP) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp68.53, compared to a current price of Rp50.00 — trading 27% below its estimated fair value. The current Cyclically Adjusted Book per Share is Rp146.56. PT MNC Kapital Indonesia Tbk's overall GF Score™ is 74/100 with 5 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 MNC Kapital Indonesia Tbk (ISX:BCAP), the current Cyclically Adjusted Book per Share is Rp146.56 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 MNC Kapital Indonesia Tbk (ISX:BCAP) Overvalued in 2026?

Based on GuruFocus' analysis, PT MNC Kapital Indonesia Tbk stock appears to be undervalued. The current stock price of Rp50.00 is trading 27% below its estimated GF Value™ of Rp68.53. GuruFocus considers PT MNC Kapital Indonesia Tbk to be Modestly Undervalued.

Key valuation signals for ISX:BCAP:

  • Cyclically Adjusted Book per Share: Rp146.56
  • GF Value™: Rp68.53 vs. price of Rp50.00 (27% below fair value)
  • GF Score™: 74/100 with 5 warning signs

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


PT MNC Kapital Indonesia Tbk Business Description

Address Jalan Kebon Sirih No. 21-27, MNC Bank Tower, 21st Floor, MNC Center, Central Jakarta, Jakarta, IDN, 10340
PT MNC Kapital Indonesia Tbk is an Indonesia-based integrated financial services company. Along with its subsidiaries, the company operates through several business segments, including Banking, Insurance, Brokerage and Underwriting, Multifinance, Financial Technology, Fund Management, Investment, and Property Leasing. The company provides banking services for individuals, MSMEs, and wholesale customers, as well as insurance, capital market, financing, and digital financial services. The company derives the majority of its revenue from the Banking segment.
74GF Score

Get the complete analysis for ISX:BCAP

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

Rp50.00
Price
Rp68.53
GF Value