PT Bekasi Fajar Industrial Estate Tbk (ISX:BEST) Cyclically Adjusted Book per Share: Rp493.73 (As of Mar. 2026)


ISX:BEST PT Bekasi Fajar Industrial Estate Tbk ISX:BEST
78 GF Score
Price Rp94.00
GF Value Rp115.64
Valuation Modestly Undervalued
! 3 Warning Signs
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What is PT Bekasi Fajar Industrial Estate Tbk Cyclically Adjusted Book per Share?

PT Bekasi Fajar Industrial Estate Tbk ISX:BEST +1.08% 78 Cyclically Adjusted Book per Share is Rp493.73 as of Mar. 2026. GuruFocus rates ISX:BEST with a GF Score™ of 78/100 and a GF Value™ of Rp115.64 (Modestly Undervalued). The stock has 3 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 Bekasi Fajar Industrial Estate Tbk's adjusted book value per share for the three months ended in Mar. 2026 was Rp462.795. 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 Rp493.73 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Bekasi Fajar Industrial Estate Tbk's average Cyclically Adjusted Book Growth Rate was 4.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.30% 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 Bekasi Fajar Industrial Estate Tbk was 5.40% per year. The lowest was 4.30% per year. And the median was 4.85% per year.

As of today (2026-07-02), PT Bekasi Fajar Industrial Estate Tbk's current stock price is Rp94.00. PT Bekasi Fajar Industrial Estate Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp493.73. PT Bekasi Fajar Industrial Estate Tbk's Cyclically Adjusted PB Ratio of today is 0.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Bekasi Fajar Industrial Estate Tbk was 0.43. The lowest was 0.17. And the median was 0.28.


PT Bekasi Fajar Industrial Estate Tbk  (ISX:BEST) 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 Bekasi Fajar Industrial Estate Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=94.00/493.73
=0.19

* 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 Bekasi Fajar Industrial Estate Tbk was 0.43. The lowest was 0.17. And the median was 0.28.


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 Bekasi Fajar Industrial Estate Tbk Cyclically Adjusted Book per Share Related Terms


PT Bekasi Fajar Industrial Estate Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Bekasi Fajar Industrial Estate 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 Bekasi Fajar Industrial Estate Tbk Cyclically Adjusted Book per Share Chart

PT Bekasi Fajar Industrial Estate 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 401.39 430.71 455.49 469.79 488.47

PT Bekasi Fajar Industrial Estate 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 472.86 478.56 482.13 488.47 493.73

PT Bekasi Fajar Industrial Estate Tbk Cyclically Adjusted Book per Share Competitor Comparison

For the Real Estate - Development subindustry, PT Bekasi Fajar Industrial Estate 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 Bekasi Fajar Industrial Estate Tbk Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Bekasi Fajar Industrial Estate Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Bekasi Fajar Industrial Estate Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:BEST
78GF Score
PT Bekasi Fajar Industrial Estate Tbk ISX:BEST
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Bekasi Fajar Industrial Estate 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 Bekasi Fajar Industrial Estate 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)
=462.795/136.5387*136.5387
=462.795

Current CPI (Mar. 2026) = 136.5387.

PT Bekasi Fajar Industrial Estate Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 336.415 103.212 445.041
201609 344.372 104.142 451.498
201612 351.200 105.222 455.726
201703 360.748 106.476 462.603
201706 366.395 107.722 464.411
201709 377.892 108.020 477.659
201712 398.601 109.017 499.230
201803 408.293 110.097 506.354
201806 402.984 111.085 495.324
201809 404.669 111.135 497.172
201812 432.403 112.430 525.125
201903 442.294 112.829 535.239
201906 435.520 114.730 518.306
201909 445.509 114.905 529.389
201912 463.167 115.486 547.601
202003 439.702 116.252 516.431
202006 459.305 116.630 537.709
202009 452.027 116.397 530.249
202012 451.553 117.318 525.532
202103 445.877 117.840 516.629
202106 444.334 118.184 513.342
202109 442.722 118.262 511.143
202112 445.051 119.516 508.439
202203 446.429 120.948 503.975
202206 458.550 123.322 507.692
202209 454.864 125.298 495.669
202212 448.641 126.098 485.789
202303 459.952 126.953 494.683
202306 461.976 127.663 494.095
202309 459.097 128.151 489.144
202312 452.699 129.395 477.693
202403 451.778 130.607 472.296
202406 453.834 130.792 473.776
202409 455.982 130.361 477.591
202412 458.751 131.432 476.577
202503 455.317 131.948 471.157
202506 452.692 133.241 463.897
202509 456.761 133.819 466.044
202512 461.835 135.271 466.163
202603 462.795 136.539 462.795

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 Rp493.73 mean?
PT Bekasi Fajar Industrial Estate Tbk (ISX:BEST) has a Cyclically Adjusted Book per Share of Rp493.73 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 Bekasi Fajar Industrial Estate Tbk and its competitors.
Is PT Bekasi Fajar Industrial Estate Tbk's Cyclically Adjusted Book per Share too high?
PT Bekasi Fajar Industrial Estate Tbk's current Cyclically Adjusted Book per Share is Rp493.73. Overall, PT Bekasi Fajar Industrial Estate Tbk has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Bekasi Fajar Industrial Estate Tbk's Cyclically Adjusted Book per Share compare to competitors?
PT Bekasi Fajar Industrial Estate Tbk's Cyclically Adjusted Book per Share of Rp493.73 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted Book per Share depends on the Real Estate 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 Bekasi Fajar Industrial Estate Tbk and its competitors. PT Bekasi Fajar Industrial Estate Tbk's current Cyclically Adjusted Book per Share is Rp493.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bekasi Fajar Industrial Estate Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bekasi Fajar Industrial Estate Tbk (ISX:BEST) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp115.64, compared to a current price of Rp94.00 — trading 18.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is Rp493.73. PT Bekasi Fajar Industrial Estate Tbk's overall GF Score™ is 78/100 with 3 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 Bekasi Fajar Industrial Estate Tbk (ISX:BEST), the current Cyclically Adjusted Book per Share is Rp493.73 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 Bekasi Fajar Industrial Estate Tbk (ISX:BEST) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bekasi Fajar Industrial Estate Tbk stock appears to be undervalued. The current stock price of Rp94.00 is trading 18.7% below its estimated GF Value™ of Rp115.64. GuruFocus considers PT Bekasi Fajar Industrial Estate Tbk to be Modestly Undervalued.

Key valuation signals for ISX:BEST:

  • Cyclically Adjusted Book per Share: Rp493.73
  • GF Value™: Rp115.64 vs. price of Rp94.00 (18.7% below fair value)
  • GF Score™: 78/100 with 3 warning signs

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


PT Bekasi Fajar Industrial Estate Tbk Business Description

Address Jalan Sumatera, Kawasan Industri MM2100, Cikarang Barat, West Java, Bekasi, IDN, 17520
PT Bekasi Fajar Industrial Estate Tbk is a real estate development company based in Indonesia. The business activities of the Company and its subsidiaries in general can be described Industrial Estates, Leasing of Production Facilities, Commercial Industrial Estates, and Management of Industrial Estates. The company's segment includes Industrial Estates and Others. The firm generates the majority of its revenue from the Industrial Estates segment.
78GF Score

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

Rp94.00
Price
Rp115.64
GF Value