PT Bumi Teknokultura Unggul Tbk (ISX:BTEK) Cyclically Adjusted Book per Share: Rp39.09 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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ISX:BTEK PT Bumi Teknokultura Unggul Tbk ISX:BTEK
34 GF Score
Price Rp11.00
GF Value Rp2.24
Valuation Significantly Overvalued
! 6 Warning Signs
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What is PT Bumi Teknokultura Unggul Tbk Cyclically Adjusted Book per Share?

PT Bumi Teknokultura Unggul Tbk ISX:BTEK 34 Cyclically Adjusted Book per Share is Rp39.09 as of Mar. 2026. GuruFocus rates ISX:BTEK with a GF Score™ of 34/100 and a GF Value™ of Rp2.24 (Significantly Overvalued). The stock has 6 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 Bumi Teknokultura Unggul Tbk's adjusted book value per share for the three months ended in Mar. 2026 was Rp5.684. 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 Rp39.09 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Bumi Teknokultura Unggul Tbk's average Cyclically Adjusted Book Growth Rate was 0.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.20% 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 Bumi Teknokultura Unggul Tbk was 1.20% per year. The lowest was 1.20% per year. And the median was 1.20% per year.

As of today (2026-08-01), PT Bumi Teknokultura Unggul Tbk's current stock price is Rp11.00. PT Bumi Teknokultura Unggul Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp39.09. PT Bumi Teknokultura Unggul Tbk's Cyclically Adjusted PB Ratio of today is 0.28.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Bumi Teknokultura Unggul Tbk was 1.34. The lowest was 0.03. And the median was 0.39.


PT Bumi Teknokultura Unggul Tbk  (ISX:BTEK) 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 Bumi Teknokultura Unggul Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.00/39.09
=0.28

* 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 Bumi Teknokultura Unggul Tbk was 1.34. The lowest was 0.03. And the median was 0.39.


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 Bumi Teknokultura Unggul Tbk Cyclically Adjusted Book per Share Related Terms


PT Bumi Teknokultura Unggul Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Bumi Teknokultura Unggul 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 Bumi Teknokultura Unggul Tbk Cyclically Adjusted Book per Share Chart

PT Bumi Teknokultura Unggul 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 37.44 38.49 38.90 38.81

PT Bumi Teknokultura Unggul 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 39.05 39.43 39.60 38.81 39.09

ISX:BTEK vs ADM, BG, TSN: Cyclically Adjusted Book per Share Comparison

For the Farm Products subindustry, PT Bumi Teknokultura Unggul 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 Bumi Teknokultura Unggul Tbk Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Bumi Teknokultura Unggul Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Bumi Teknokultura Unggul Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:BTEK
34GF Score
PT Bumi Teknokultura Unggul Tbk ISX:BTEK
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Bumi Teknokultura Unggul 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 Bumi Teknokultura Unggul 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)
=5.684/136.5387*136.5387
=5.684

Current CPI (Mar. 2026) = 136.5387.

PT Bumi Teknokultura Unggul Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.655 103.212 8.804
201609 102.686 104.142 134.629
201612 31.390 105.222 40.732
201703 33.206 106.476 42.582
201706 33.351 107.722 42.273
201709 44.906 108.020 56.762
201712 43.852 109.017 54.923
201803 44.539 110.097 55.236
201806 48.160 111.085 59.195
201809 50.836 111.135 62.457
201812 48.847 112.430 59.321
201903 47.908 112.829 57.976
201906 47.756 114.730 56.834
201909 47.794 114.905 56.793
201912 46.299 115.486 54.739
202003 49.828 116.252 58.523
202006 43.819 116.630 51.299
202009 39.601 116.397 46.454
202012 35.922 117.318 41.807
202103 35.722 117.840 41.390
202106 34.708 118.184 40.098
202109 33.573 118.262 38.762
202112 33.744 119.516 38.550
202203 32.771 120.948 36.995
202206 31.872 123.322 35.288
202209 31.868 125.298 34.727
202212 25.993 126.098 28.145
202303 25.874 126.953 27.828
202306 24.875 127.663 26.604
202309 24.168 128.151 25.750
202312 23.918 129.395 25.239
202403 23.718 130.607 24.795
202406 23.059 130.792 24.072
202409 23.562 130.361 24.679
202412 9.994 131.432 10.382
202503 9.166 131.948 9.485
202506 8.866 133.241 9.085
202509 8.473 133.819 8.645
202512 6.130 135.271 6.187
202603 5.684 136.539 5.684

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 Rp39.09 mean?
PT Bumi Teknokultura Unggul Tbk (ISX:BTEK) has a Cyclically Adjusted Book per Share of Rp39.09 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 Bumi Teknokultura Unggul Tbk and its competitors.
Is PT Bumi Teknokultura Unggul Tbk's Cyclically Adjusted Book per Share too high?
PT Bumi Teknokultura Unggul Tbk's current Cyclically Adjusted Book per Share is Rp39.09. Overall, PT Bumi Teknokultura Unggul Tbk has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Bumi Teknokultura Unggul Tbk's Cyclically Adjusted Book per Share compare to ADM and BG?
PT Bumi Teknokultura Unggul Tbk's Cyclically Adjusted Book per Share of Rp39.09 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted Book per Share depends on the Consumer Packaged Goods 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 Bumi Teknokultura Unggul Tbk and its competitors. PT Bumi Teknokultura Unggul Tbk's current Cyclically Adjusted Book per Share is Rp39.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bumi Teknokultura Unggul Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bumi Teknokultura Unggul Tbk (ISX:BTEK) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp2.24, compared to a current price of Rp11.00 — trading 391.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is Rp39.09. PT Bumi Teknokultura Unggul Tbk's overall GF Score™ is 34/100 with 6 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 Bumi Teknokultura Unggul Tbk (ISX:BTEK), the current Cyclically Adjusted Book per Share is Rp39.09 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 Bumi Teknokultura Unggul Tbk (ISX:BTEK) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bumi Teknokultura Unggul Tbk stock appears to be overvalued. The current stock price of Rp11.00 is trading 391.1% above its estimated GF Value™ of Rp2.24. GuruFocus considers PT Bumi Teknokultura Unggul Tbk to be Significantly Overvalued.

Key valuation signals for ISX:BTEK:

  • Cyclically Adjusted Book per Share: Rp39.09
  • GF Value™: Rp2.24 vs. price of Rp11.00 (391.1% above fair value)
  • GF Score™: 34/100 with 6 warning signs

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


PT Bumi Teknokultura Unggul Tbk Business Description

Address Jalan Mayor Jendral Donald Isaac Panjaitan Kavling 2, RT 05/ RW 09, PLot 2, Meta Epsi Building, Rawa Bunga, Jatinegara, East Jakarta DKI Jakarta, Jakarta, IDN, 13350
PT Bumi Teknokultura Unggul Tbk is an Indonesian company that operates in the cocoa processing industry. It is focused on processing cocoa beans into raw materials for the consumer goods or food and beverage industry. The company's core products include cocoa butter, cocoa cake, and cocoa powder, which are produced for both domestic and export markets.
34GF Score

Get the complete analysis for ISX:BTEK

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

Rp11.00
Price
Rp2.24
GF Value