PT MNC Asia Holding Tbk (ISX:BHIT) Cyclically Adjusted Book per Share: Rp262.53 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ISX:BHIT PT MNC Asia Holding Tbk ISX:BHIT
66 GF Score
Price Rp25.00
GF Value Rp37.28
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is PT MNC Asia Holding Tbk Cyclically Adjusted Book per Share?

PT MNC Asia Holding Tbk ISX:BHIT -3.85% 66 Cyclically Adjusted Book per Share is Rp262.53 as of Mar. 2026. GuruFocus rates ISX:BHIT with a GF Score™ of 66/100 and a GF Value™ of Rp37.28 (Possible Value Trap). 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 Asia Holding Tbk's adjusted book value per share for the three months ended in Mar. 2026 was Rp201.216. 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 Rp262.53 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT MNC Asia Holding Tbk's average Cyclically Adjusted Book Growth Rate was -2.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.40% 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 Asia Holding Tbk was -0.10% per year. The lowest was -2.10% per year. And the median was -0.70% per year.

As of today (2026-07-15), PT MNC Asia Holding Tbk's current stock price is Rp25.00. PT MNC Asia Holding Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp262.53. PT MNC Asia Holding Tbk's Cyclically Adjusted PB Ratio of today is 0.10.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT MNC Asia Holding Tbk was 0.46. The lowest was 0.08. And the median was 0.19.


PT MNC Asia Holding Tbk  (ISX:BHIT) 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 Asia Holding Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=25.00/262.53
=0.10

* 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 Asia Holding Tbk was 0.46. The lowest was 0.08. And the median was 0.19.


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 Asia Holding Tbk Cyclically Adjusted Book per Share Related Terms


PT MNC Asia Holding Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT MNC Asia Holding 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 Asia Holding Tbk Cyclically Adjusted Book per Share Chart

PT MNC Asia Holding Tbk Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 292.51 290.37 293.24 282.79 272.11

PT MNC Asia Holding 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 268.89 267.45 265.32 264.21 262.53

ISX:BHIT vs NFLX, DIS, WBD: Cyclically Adjusted Book per Share Comparison

For the Entertainment subindustry, PT MNC Asia Holding 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 Asia Holding Tbk Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, PT MNC Asia Holding Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:BHIT
66GF Score
PT MNC Asia Holding Tbk ISX:BHIT
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT MNC Asia Holding 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 Asia Holding 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)
=201.216/136.5387*136.5387
=201.216

Current CPI (Mar. 2026) = 136.5387.

PT MNC Asia Holding Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 289.885 103.212 383.486
201609 274.033 104.142 359.278
201612 255.627 105.222 331.708
201703 256.716 106.476 329.198
201706 255.492 107.722 323.840
201709 253.506 108.020 320.434
201712 254.463 109.017 318.703
201803 252.935 110.097 313.683
201806 288.320 111.085 354.386
201809 263.223 111.135 323.393
201812 240.786 112.430 292.419
201903 237.789 112.829 287.759
201906 287.255 114.730 341.858
201909 248.100 114.905 294.812
201912 203.924 115.486 241.099
202003 188.164 116.252 220.999
202006 191.587 116.630 224.291
202009 202.068 116.397 237.035
202012 202.553 117.318 235.738
202103 210.231 117.840 243.591
202106 241.155 118.184 278.608
202109 209.461 118.262 241.833
202112 186.167 119.516 212.683
202203 222.330 120.948 250.989
202206 220.316 123.322 243.927
202209 222.346 125.298 242.292
202212 203.951 126.098 220.838
202303 206.343 126.953 221.924
202306 206.789 127.663 221.166
202309 206.432 128.151 219.943
202312 213.540 129.395 225.330
202403 214.476 130.607 224.217
202406 215.989 130.792 225.480
202409 216.964 130.361 227.246
202412 209.696 131.432 217.844
202503 209.053 131.948 216.326
202506 210.489 133.241 215.699
202509 210.241 133.819 214.514
202512 199.733 135.271 201.605
202603 201.216 136.539 201.216

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 Rp262.53 mean?
PT MNC Asia Holding Tbk (ISX:BHIT) has a Cyclically Adjusted Book per Share of Rp262.53 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 Asia Holding Tbk and its competitors.
Is PT MNC Asia Holding Tbk's Cyclically Adjusted Book per Share too high?
PT MNC Asia Holding Tbk's current Cyclically Adjusted Book per Share is Rp262.53. Overall, PT MNC Asia Holding Tbk has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT MNC Asia Holding Tbk's Cyclically Adjusted Book per Share compare to NFLX and DIS?
PT MNC Asia Holding Tbk's Cyclically Adjusted Book per Share of Rp262.53 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Cyclically Adjusted Book per Share depends on the Media - Diversified 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 Asia Holding Tbk and its competitors. PT MNC Asia Holding Tbk's current Cyclically Adjusted Book per Share is Rp262.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT MNC Asia Holding Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT MNC Asia Holding Tbk (ISX:BHIT) is currently considered Possible Value Trap. The stock's GF Value™ is Rp37.28, compared to a current price of Rp25.00 — trading 32.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is Rp262.53. PT MNC Asia Holding Tbk's overall GF Score™ is 66/100 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 Asia Holding Tbk (ISX:BHIT), the current Cyclically Adjusted Book per Share is Rp262.53 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 Asia Holding Tbk (ISX:BHIT) Overvalued in 2026?

Based on GuruFocus' analysis, PT MNC Asia Holding Tbk stock appears to be undervalued. The current stock price of Rp25.00 is trading 32.9% below its estimated GF Value™ of Rp37.28. GuruFocus considers PT MNC Asia Holding Tbk to be Possible Value Trap.

Key valuation signals for ISX:BHIT:

  • Cyclically Adjusted Book per Share: Rp262.53
  • GF Value™: Rp37.28 vs. price of Rp25.00 (32.9% below fair value)
  • GF Score™: 66/100 with 5 warning signs

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


PT MNC Asia Holding Tbk Business Description

Address Jalan Kebon Sirih Timur Kav. 21-27, MNC Bank Tower, MNC Center, 21st Floor, RT.15/RW.7, Kota Jakarta Pusat, Gambir, Kec. Menteng, Daerah Khusus Ibukota Jakarta, Jakarta, IDN, 10340
PT MNC Asia Holding Tbk is an integrated investment group with a strategic portfolio across the media and entertainment, financial services, and tourism and hospitality sectors. The Group's operating segments are: Financing and securities, Bank financial institution, Advertising and content, Pay TV and Broadband, Mining, and Others. The majority of its revenue is derived from the Advertising and content segment, which represents income generated from the Group's advertising and content-based media businesses, including direct-to-home pay TV services, operation of media networks, content production and distribution, and offering digital and OTT streaming services, among other related business activities.
66GF Score

Get the complete analysis for ISX:BHIT

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

Rp25.00
Price
Rp37.28
GF Value