PT Indo Kordsa Tbk (ISX:BRAM) Cyclically Adjusted Book per Share: Rp7,594.55 (As of Mar. 2026)


ISX:BRAM PT Indo Kordsa Tbk ISX:BRAM
55 GF Score
Price Rp4,530.00
GF Value Rp2,940.24
Valuation Significantly Overvalued
! 5 Warning Signs
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What is PT Indo Kordsa Tbk Cyclically Adjusted Book per Share?

PT Indo Kordsa Tbk ISX:BRAM -0.88% 55 Cyclically Adjusted Book per Share is Rp7,594.55 as of Mar. 2026. GuruFocus rates ISX:BRAM with a GF Score™ of 55/100 and a GF Value™ of Rp2,940.24 (Significantly Overvalued). 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 Indo Kordsa Tbk's adjusted book value per share for the three months ended in Mar. 2026 was Rp8,151.994. 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 Rp7,594.55 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Indo Kordsa Tbk's average Cyclically Adjusted Book Growth Rate was 5.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.80% 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 Indo Kordsa Tbk was 4.80% per year. The lowest was 4.80% per year. And the median was 4.80% per year.

As of today (2026-07-12), PT Indo Kordsa Tbk's current stock price is Rp4530.00. PT Indo Kordsa Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp7,594.55. PT Indo Kordsa Tbk's Cyclically Adjusted PB Ratio of today is 0.60.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Indo Kordsa Tbk was 1.47. The lowest was 0.57. And the median was 0.83.


PT Indo Kordsa Tbk  (ISX:BRAM) 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 Indo Kordsa Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4530.00/7594.55
=0.60

* 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 Indo Kordsa Tbk was 1.47. The lowest was 0.57. And the median was 0.83.


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 Indo Kordsa Tbk Cyclically Adjusted Book per Share Related Terms


PT Indo Kordsa Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Indo Kordsa 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 Indo Kordsa Tbk Cyclically Adjusted Book per Share Chart

PT Indo Kordsa 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 6,494.91 6,915.68 7,143.14 7,485.95

PT Indo Kordsa 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 7,210.40 7,317.31 7,376.52 7,485.95 7,594.55

PT Indo Kordsa Tbk Cyclically Adjusted Book per Share Competitor Comparison

For the Textile Manufacturing subindustry, PT Indo Kordsa 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 Indo Kordsa Tbk Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Indo Kordsa Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Indo Kordsa Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:BRAM
55GF Score
PT Indo Kordsa Tbk ISX:BRAM
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Indo Kordsa 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 Indo Kordsa 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)
=8151.994/136.5387*136.5387
=8,151.994

Current CPI (Mar. 2026) = 136.5387.

PT Indo Kordsa Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 5,043.991 103.212 6,672.654
201609 5,104.866 104.142 6,692.872
201612 5,362.864 105.222 6,958.993
201703 5,564.919 106.476 7,136.139
201706 5,583.745 107.722 7,077.485
201709 5,706.794 108.020 7,213.436
201712 6,018.888 109.017 7,538.383
201803 6,497.410 110.097 8,057.912
201806 6,234.129 111.085 7,662.620
201809 6,767.023 111.135 8,313.895
201812 6,573.378 112.430 7,982.934
201903 6,659.431 112.829 8,058.869
201906 6,519.852 114.730 7,759.179
201909 6,492.078 114.905 7,714.399
201912 6,352.049 115.486 7,510.012
202003 6,779.741 116.252 7,962.828
202006 6,281.513 116.630 7,353.778
202009 6,443.621 116.397 7,558.671
202012 6,093.857 117.318 7,092.233
202103 6,299.533 117.840 7,299.147
202106 6,050.894 118.184 6,990.641
202109 6,230.416 118.262 7,193.309
202112 6,261.573 119.516 7,153.405
202203 6,579.296 120.948 7,427.382
202206 6,689.577 123.322 7,406.490
202209 6,711.542 125.298 7,313.623
202212 7,261.008 126.098 7,862.226
202303 7,309.821 126.953 7,861.787
202306 7,074.739 127.663 7,566.612
202309 7,285.657 128.151 7,762.491
202312 7,338.671 129.395 7,743.846
202403 7,504.227 130.607 7,845.042
202406 7,689.788 130.792 8,027.684
202409 7,501.653 130.361 7,857.156
202412 7,622.391 131.432 7,918.584
202503 7,911.519 131.948 8,186.750
202506 7,761.770 133.241 7,953.897
202509 7,823.413 133.819 7,982.414
202512 7,886.435 135.271 7,960.337
202603 8,151.994 136.539 8,151.994

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 Rp7,594.55 mean?
PT Indo Kordsa Tbk (ISX:BRAM) has a Cyclically Adjusted Book per Share of Rp7,594.55 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 Indo Kordsa Tbk and its competitors.
Is PT Indo Kordsa Tbk's Cyclically Adjusted Book per Share too high?
PT Indo Kordsa Tbk's current Cyclically Adjusted Book per Share is Rp7,594.55. Overall, PT Indo Kordsa Tbk has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Indo Kordsa Tbk's Cyclically Adjusted Book per Share compare to competitors?
PT Indo Kordsa Tbk's Cyclically Adjusted Book per Share of Rp7,594.55 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Cyclically Adjusted Book per Share depends on the Manufacturing - Apparel & Accessories 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 Indo Kordsa Tbk and its competitors. PT Indo Kordsa Tbk's current Cyclically Adjusted Book per Share is Rp7,594.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indo Kordsa Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indo Kordsa Tbk (ISX:BRAM) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp2,940.24, compared to a current price of Rp4,530.00 — trading 54.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is Rp7,594.55. PT Indo Kordsa Tbk's overall GF Score™ is 55/100 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 Indo Kordsa Tbk (ISX:BRAM), the current Cyclically Adjusted Book per Share is Rp7,594.55 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 Indo Kordsa Tbk (ISX:BRAM) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indo Kordsa Tbk stock appears to be overvalued. The current stock price of Rp4,530.00 is trading 54.1% above its estimated GF Value™ of Rp2,940.24. GuruFocus considers PT Indo Kordsa Tbk to be Significantly Overvalued.

Key valuation signals for ISX:BRAM:

  • Cyclically Adjusted Book per Share: Rp7,594.55
  • GF Value™: Rp2,940.24 vs. price of Rp4,530.00 (54.1% above fair value)
  • GF Score™: 55/100 with 5 warning signs

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


PT Indo Kordsa Tbk Business Description

Address Jalan Pahlawan, Desa Karang Asem Timur, Citeureup, Bogor, IDN, 16810
PT Indo Kordsa Tbk is an Indonesian company engaged in the manufacturing and sale of tire reinforcement materials. The business activity of the group is functioned through various divisions which include Tyre cord fabric, Nylon yarn, and Polyester yarn. The company generates a majority of its revenue from the tire cord fabric segment. Geographically, it derives a majority of its revenue from Thailand and also has a presence in Other Countries.
55GF 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.

Rp4,530.00
Price
Rp2,940.24
GF Value