PT Bakrie & Brothers Tbk (ISX:BNBR) Cyclically Adjusted Book per Share: Rp-99.97 (As of Mar. 2026)

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ISX:BNBR PT Bakrie & Brothers Tbk ISX:BNBR
42 GF Score
Price Rp104.00
GF Value Rp8.78
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is PT Bakrie & Brothers Tbk Cyclically Adjusted Book per Share?

PT Bakrie & Brothers Tbk ISX:BNBR -1.89% 42 Cyclically Adjusted Book per Share is Rp-99.97 as of Mar. 2026. GuruFocus rates ISX:BNBR with a GF Score™ of 42/100 and a GF Value™ of Rp8.78 (Significantly Overvalued). The stock has 9 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 Bakrie & Brothers Tbk's adjusted book value per share for the three months ended in Mar. 2026 was Rp22.306. 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 Rp-99.97 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.60% 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 Bakrie & Brothers Tbk was 5.60% per year. The lowest was -74.30% per year. And the median was -34.35% per year.

As of today (2026-07-28), PT Bakrie & Brothers Tbk's current stock price is Rp104.00. PT Bakrie & Brothers Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp-99.97. PT Bakrie & Brothers Tbk's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Bakrie & Brothers Tbk was 561.47. The lowest was 6.32. And the median was 23.92.


PT Bakrie & Brothers Tbk  (ISX:BNBR) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Bakrie & Brothers Tbk was 561.47. The lowest was 6.32. And the median was 23.92.


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 Bakrie & Brothers Tbk Cyclically Adjusted Book per Share Related Terms


PT Bakrie & Brothers Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Bakrie & Brothers 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 Bakrie & Brothers Tbk Cyclically Adjusted Book per Share Chart

PT Bakrie & Brothers 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 5.76 -134.34 -182.88 -154.41 -113.00

PT Bakrie & Brothers 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 -145.81 -136.46 -125.93 -113.00 -99.97

ISX:BNBR vs MMM, HON: Cyclically Adjusted Book per Share Comparison

For the Conglomerates subindustry, PT Bakrie & Brothers 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 Bakrie & Brothers Tbk Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, PT Bakrie & Brothers Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Bakrie & Brothers Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:BNBR
42GF Score
PT Bakrie & Brothers Tbk ISX:BNBR
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Bakrie & Brothers 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 Bakrie & Brothers 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)
=22.306/136.5387*136.5387
=22.306

Current CPI (Mar. 2026) = 136.5387.

PT Bakrie & Brothers Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 -318.297 103.212 -421.072
201609 -324.544 104.142 -425.502
201612 -557.066 105.222 -722.863
201703 -521.277 106.476 -668.456
201706 -452.263 107.722 -573.250
201709 -495.524 108.020 -626.347
201712 -472.476 109.017 -591.755
201803 -562.498 110.097 -697.595
201806 -605.780 111.085 -744.589
201809 -627.092 111.135 -770.439
201812 129.284 112.430 157.007
201903 130.468 112.829 157.885
201906 130.480 114.730 155.282
201909 151.127 114.905 179.581
201912 112.395 115.486 132.884
202003 96.494 116.252 113.333
202006 104.336 116.630 122.146
202009 98.799 116.397 115.896
202012 69.341 117.318 80.701
202103 61.070 117.840 70.761
202106 59.597 118.184 68.853
202109 59.191 118.262 68.339
202112 59.752 119.516 68.262
202203 63.491 120.948 71.675
202206 61.456 123.322 68.042
202209 67.897 125.298 73.988
202212 64.856 126.098 70.226
202303 68.343 126.953 73.504
202306 92.614 127.663 99.053
202309 93.943 128.151 100.091
202312 13.607 129.395 14.358
202403 13.910 130.607 14.542
202406 19.106 130.792 19.946
202409 22.868 130.361 23.952
202412 18.769 131.432 19.498
202503 17.990 131.948 18.616
202506 19.669 133.241 20.156
202509 19.424 133.819 19.819
202512 22.219 135.271 22.427
202603 22.306 136.539 22.306

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 Rp-99.97 mean?
PT Bakrie & Brothers Tbk (ISX:BNBR) has a Cyclically Adjusted Book per Share of Rp-99.97 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 Bakrie & Brothers Tbk and its competitors.
Is PT Bakrie & Brothers Tbk's Cyclically Adjusted Book per Share too high?
PT Bakrie & Brothers Tbk's current Cyclically Adjusted Book per Share is Rp-99.97. Overall, PT Bakrie & Brothers Tbk has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Bakrie & Brothers Tbk's Cyclically Adjusted Book per Share compare to MMM and HON?
PT Bakrie & Brothers Tbk's Cyclically Adjusted Book per Share of Rp-99.97 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Cyclically Adjusted Book per Share depends on the Conglomerates 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 Bakrie & Brothers Tbk and its competitors. PT Bakrie & Brothers Tbk's current Cyclically Adjusted Book per Share is Rp-99.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bakrie & Brothers Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bakrie & Brothers Tbk (ISX:BNBR) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp8.78, compared to a current price of Rp104.00 — trading 1084.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is Rp-99.97. PT Bakrie & Brothers Tbk's overall GF Score™ is 42/100 with 9 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 Bakrie & Brothers Tbk (ISX:BNBR), the current Cyclically Adjusted Book per Share is Rp-99.97 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 Bakrie & Brothers Tbk (ISX:BNBR) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bakrie & Brothers Tbk stock appears to be overvalued. The current stock price of Rp104.00 is trading 1084.5% above its estimated GF Value™ of Rp8.78. GuruFocus considers PT Bakrie & Brothers Tbk to be Significantly Overvalued.

Key valuation signals for ISX:BNBR:

  • Cyclically Adjusted Book per Share: Rp-99.97
  • GF Value™: Rp8.78 vs. price of Rp104.00 (1084.5% above fair value)
  • GF Score™: 42/100 with 9 warning signs

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


PT Bakrie & Brothers Tbk Business Description

Other Exchanges LFU2:Germany
Address Jalan HR Rasuna Said, Bakrie Tower, 35th - 37th Floor, Rasuna Epicentrum Complex, Jakarta, IDN, 12940
PT Bakrie & Brothers Tbk is an investment holding company. Its activities comprise general trading, construction, agriculture, mining, steel pipe manufacturing, building materials and other construction products, telecommunication systems, electronic and electrical goods, and investment including equity investment in other companies. The company's operating segment includes Infrastructure and Manufacturing, Fabrication and Construction services, Trading, Services and Investment. The company generates majority of its revenue from the Manufacturing segment.
42GF Score

Get the complete analysis for ISX:BNBR

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

Rp104.00
Price
Rp8.78
GF Value