PT Bank Sinarmas Tbk (ISX:BSIM) Cyclically Adjusted Book per Share: Rp411.05 (As of Jun. 2026)

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ISX:BSIM PT Bank Sinarmas Tbk ISX:BSIM
48 GF Score
Price Rp705.00
GF Value Rp780.22
Valuation Modestly Undervalued
! 1 Warning Sign
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What is PT Bank Sinarmas Tbk Cyclically Adjusted Book per Share?

PT Bank Sinarmas Tbk ISX:BSIM 48 Cyclically Adjusted Book per Share is Rp411.05 as of Jun. 2026. GuruFocus rates ISX:BSIM with a GF Score™ of 48/100 and a GF Value™ of Rp780.22 (Modestly 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 Sinarmas Tbk's adjusted book value per share for the three months ended in Jun. 2026 was Rp422.671. 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 Rp411.05 for the trailing ten years ended in Jun. 2026.

During the past 12 months, PT Bank Sinarmas Tbk's average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.00% 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 Sinarmas Tbk was 6.50% per year. The lowest was 5.20% per year. And the median was 6.40% per year.

As of today (2026-08-22), PT Bank Sinarmas Tbk's current stock price is Rp705.00. PT Bank Sinarmas Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Rp411.05. PT Bank Sinarmas Tbk's Cyclically Adjusted PB Ratio of today is 1.72.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Bank Sinarmas Tbk was 3.87. The lowest was 1.46. And the median was 2.24.


PT Bank Sinarmas Tbk  (ISX:BSIM) 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 Sinarmas Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=705.00/411.05
=1.72

* 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 Sinarmas Tbk was 3.87. The lowest was 1.46. And the median was 2.24.


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 Sinarmas Tbk Cyclically Adjusted Book per Share Related Terms


PT Bank Sinarmas Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Bank Sinarmas 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 Sinarmas Tbk Cyclically Adjusted Book per Share Chart

PT Bank Sinarmas 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 315.04 344.87 363.40 379.36 401.61

PT Bank Sinarmas Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 390.02 394.91 401.61 407.16 411.05

PT Bank Sinarmas Tbk Cyclically Adjusted Book per Share Competitor Comparison

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

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

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


ISX:BSIM
48GF Score
PT Bank Sinarmas Tbk ISX:BSIM
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Bank Sinarmas 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 Sinarmas Tbk's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=422.671/137.6954*137.6954
=422.671

Current CPI (Jun. 2026) = 137.6954.

PT Bank Sinarmas Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 290.525 104.142 384.127
201612 293.431 105.222 383.989
201703 299.771 106.476 387.666
201706 302.160 107.722 386.237
201709 307.272 108.020 391.685
201712 314.930 109.017 397.777
201803 321.847 110.097 402.527
201806 327.080 111.085 405.433
201809 329.072 111.135 407.719
201812 315.725 112.430 386.675
201903 325.054 112.829 396.694
201906 319.479 114.730 383.428
201909 348.831 114.905 418.020
201912 357.704 115.486 426.495
202003 317.448 116.252 376.002
202006 328.776 116.630 388.159
202009 329.651 116.397 389.972
202012 356.667 117.318 418.617
202103 326.497 117.840 381.511
202106 357.748 118.184 416.810
202109 371.198 118.262 432.196
202112 421.458 119.516 485.565
202203 366.283 120.948 417.001
202206 361.829 123.322 404.000
202209 357.024 125.298 392.348
202212 369.494 126.098 403.478
202303 377.676 126.953 409.635
202306 388.363 127.663 418.883
202309 382.191 128.151 410.654
202312 396.972 129.395 422.438
202403 399.747 130.607 421.442
202406 395.270 130.792 416.134
202409 411.923 130.361 435.099
202412 407.404 131.432 426.820
202503 408.917 131.948 426.727
202506 421.849 133.241 435.953
202509 440.589 133.819 453.352
202512 440.034 135.271 447.920
202603 426.358 136.539 429.970
202606 422.671 137.695 422.671

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 Rp411.05 mean?
PT Bank Sinarmas Tbk (ISX:BSIM) has a Cyclically Adjusted Book per Share of Rp411.05 as of Jun. 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 Sinarmas Tbk and its competitors.
Is PT Bank Sinarmas Tbk's Cyclically Adjusted Book per Share too high?
PT Bank Sinarmas Tbk's current Cyclically Adjusted Book per Share is Rp411.05. Overall, PT Bank Sinarmas Tbk has a GF Score™ of 48/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Bank Sinarmas Tbk's Cyclically Adjusted Book per Share compare to competitors?
PT Bank Sinarmas Tbk's Cyclically Adjusted Book per Share of Rp411.05 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 Sinarmas Tbk and its competitors. PT Bank Sinarmas Tbk's current Cyclically Adjusted Book per Share is Rp411.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bank Sinarmas Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bank Sinarmas Tbk (ISX:BSIM) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp780.22, compared to a current price of Rp705.00 — trading 9.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is Rp411.05. PT Bank Sinarmas Tbk's overall GF Score™ is 48/100 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 Sinarmas Tbk (ISX:BSIM), the current Cyclically Adjusted Book per Share is Rp411.05 as of Jun. 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 Sinarmas Tbk (ISX:BSIM) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bank Sinarmas Tbk stock appears to be undervalued. The current stock price of Rp705.00 is trading 9.6% below its estimated GF Value™ of Rp780.22. GuruFocus considers PT Bank Sinarmas Tbk to be Modestly Undervalued.

Key valuation signals for ISX:BSIM:

  • Cyclically Adjusted Book per Share: Rp411.05
  • GF Value™: Rp780.22 vs. price of Rp705.00 (9.6% below fair value)
  • GF Score™: 48/100 with 1 warning sign

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


PT Bank Sinarmas Tbk Business Description

Address Jalan MH. Thamrin No. 51, Sinar Mas Land Plaza Tower I, 1st and 2nd Floor, Jakarta, IDN, 10350
PT Bank Sinarmas Tbk provides financial services. The company is involved in credit activities, fund collection, banking service and e-banking products, bancassurance and investment products sales, credit card business, international business activities and treasury, and sharia business unit. It collects funds from the public to be distributed in the form of loans to both individuals and corporations. The company's operating segment includes Commercial Bank and Sharia Business Unit. It generates maximum revenue from the Commercial Bank segment which includes Marketing and Credit, Treasury, and Trade Finance.
48GF Score

Get the complete analysis for ISX:BSIM

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

Rp705.00
Price
Rp780.22
GF Value