PT Bank Pembangunan Daerah Banten Tbk (ISX:BEKS) Cyclically Adjusted Book per Share: Rp32.24 (As of Mar. 2026)

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ISX:BEKS PT Bank Pembangunan Daerah Banten Tbk ISX:BEKS
53 GF Score
Price Rp21.00
GF Value Rp34.99
Valuation Significantly Undervalued
! 1 Warning Sign
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What is PT Bank Pembangunan Daerah Banten Tbk Cyclically Adjusted Book per Share?

PT Bank Pembangunan Daerah Banten Tbk ISX:BEKS 53 Cyclically Adjusted Book per Share is Rp32.24 as of Mar. 2026. GuruFocus rates ISX:BEKS with a GF Score™ of 53/100 and a GF Value™ of Rp34.99 (Significantly Undervalued). The stock has 1 warning sign 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 Pembangunan Daerah Banten Tbk's adjusted book value per share for the three months ended in Mar. 2026 was Rp36.548. 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 Rp32.24 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Bank Pembangunan Daerah Banten Tbk's average Cyclically Adjusted Book Growth Rate was 5.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -2.10% 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 Bank Pembangunan Daerah Banten Tbk was -1.30% per year. The lowest was -3.60% per year. And the median was -2.90% per year.

As of today (2026-07-17), PT Bank Pembangunan Daerah Banten Tbk's current stock price is Rp21.00. PT Bank Pembangunan Daerah Banten Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp32.24. PT Bank Pembangunan Daerah Banten Tbk's Cyclically Adjusted PB Ratio of today is 0.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Bank Pembangunan Daerah Banten Tbk was 3.30. The lowest was 0.59. And the median was 1.45.


PT Bank Pembangunan Daerah Banten Tbk  (ISX:BEKS) 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 Pembangunan Daerah Banten Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=21.00/32.24
=0.65

* 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 Pembangunan Daerah Banten Tbk was 3.30. The lowest was 0.59. And the median was 1.45.


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 Pembangunan Daerah Banten Tbk Cyclically Adjusted Book per Share Related Terms


PT Bank Pembangunan Daerah Banten Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Bank Pembangunan Daerah Banten 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 Pembangunan Daerah Banten Tbk Cyclically Adjusted Book per Share Chart

PT Bank Pembangunan Daerah Banten 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 34.20 34.37 32.48 30.61 31.45

PT Bank Pembangunan Daerah Banten 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 30.46 30.58 30.77 31.45 32.24

PT Bank Pembangunan Daerah Banten Tbk Cyclically Adjusted Book per Share Competitor Comparison

For the Banks - Regional subindustry, PT Bank Pembangunan Daerah Banten 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 Pembangunan Daerah Banten Tbk Cyclically Adjusted PB Ratio vs Banks Industry

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

* The bar in red indicates where PT Bank Pembangunan Daerah Banten Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:BEKS
53GF Score
PT Bank Pembangunan Daerah Banten Tbk ISX:BEKS
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Bank Pembangunan Daerah Banten 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 Pembangunan Daerah Banten 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)
=36.548/136.5387*136.5387
=36.548

Current CPI (Mar. 2026) = 136.5387.

PT Bank Pembangunan Daerah Banten Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.682 103.212 8.840
201609 28.884 104.142 37.869
201612 28.515 105.222 37.002
201703 27.197 106.476 34.876
201706 27.182 107.722 34.454
201709 26.494 108.020 33.489
201712 26.001 109.017 32.565
201803 24.932 110.097 30.920
201806 23.809 111.085 29.265
201809 22.618 111.135 27.788
201812 22.870 112.430 27.774
201903 0.000 112.829 0.000
201906 19.815 114.730 23.582
201909 19.100 114.905 22.696
201912 18.125 115.486 21.429
202003 17.074 116.252 20.053
202006 14.841 116.630 17.374
202009 13.591 116.397 15.943
202012 44.908 117.318 52.265
202103 33.605 117.840 38.937
202106 32.333 118.184 37.355
202109 31.344 118.262 36.188
202112 36.459 119.516 41.652
202203 35.806 120.948 40.421
202206 34.859 123.322 38.595
202209 34.011 125.298 37.062
202212 31.651 126.098 34.272
202303 31.099 126.953 33.447
202306 31.187 127.663 33.355
202309 31.263 128.151 33.309
202312 32.178 129.395 33.955
202403 32.186 130.607 33.648
202406 32.157 130.792 33.570
202409 32.333 130.361 33.865
202412 32.845 131.432 34.121
202503 32.907 131.948 34.052
202506 33.035 133.241 33.853
202509 33.191 133.819 33.866
202512 36.633 135.271 36.976
202603 36.548 136.539 36.548

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 Rp32.24 mean?
PT Bank Pembangunan Daerah Banten Tbk (ISX:BEKS) has a Cyclically Adjusted Book per Share of Rp32.24 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 Pembangunan Daerah Banten Tbk and its competitors.
Is PT Bank Pembangunan Daerah Banten Tbk's Cyclically Adjusted Book per Share too high?
PT Bank Pembangunan Daerah Banten Tbk's current Cyclically Adjusted Book per Share is Rp32.24. Overall, PT Bank Pembangunan Daerah Banten Tbk has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Bank Pembangunan Daerah Banten Tbk's Cyclically Adjusted Book per Share compare to competitors?
PT Bank Pembangunan Daerah Banten Tbk's Cyclically Adjusted Book per Share of Rp32.24 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 Pembangunan Daerah Banten Tbk and its competitors. PT Bank Pembangunan Daerah Banten Tbk's current Cyclically Adjusted Book per Share is Rp32.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bank Pembangunan Daerah Banten Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bank Pembangunan Daerah Banten Tbk (ISX:BEKS) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp34.99, compared to a current price of Rp21.00 — trading 40% below its estimated fair value. The current Cyclically Adjusted Book per Share is Rp32.24. PT Bank Pembangunan Daerah Banten Tbk's overall GF Score™ is 53/100 with 1 warning sign 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 Pembangunan Daerah Banten Tbk (ISX:BEKS), the current Cyclically Adjusted Book per Share is Rp32.24 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 Pembangunan Daerah Banten Tbk (ISX:BEKS) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bank Pembangunan Daerah Banten Tbk stock appears to be undervalued. The current stock price of Rp21.00 is trading 40% below its estimated GF Value™ of Rp34.99. GuruFocus considers PT Bank Pembangunan Daerah Banten Tbk to be Significantly Undervalued.

Key valuation signals for ISX:BEKS:

  • Cyclically Adjusted Book per Share: Rp32.24
  • GF Value™: Rp34.99 vs. price of Rp21.00 (40% below fair value)
  • GF Score™: 53/100 with 1 warning sign

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


PT Bank Pembangunan Daerah Banten Tbk Business Description

Address Jalan Vetera, No. 04, Banten Bank Building, Cipare, Kota Serang, Banten, Serang, IDN, 42117
PT Bank Pembangunan Daerah Banten Tbk provides banking and financial services in Indonesia. It caters to both individual and business clients and offers demand, savings, and time deposits, consumer loans such as motor vehicle, mortgages, personal loans, working capital loans, bank guarantee services, ATM services, and insurance products, among others. The company's geographical segments are: DKI Jakarta and Outsite Jakarta. The majority of its revenue is derived from Outside Jakarta.
53GF Score

Get the complete analysis for ISX:BEKS

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

Rp21.00
Price
Rp34.99
GF Value