PT Budi Starch & Sweetener Tbk (ISX:BUDI) Cyclically Adjusted Book per Share: Rp326.67 (As of Jun. 2026)

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ISX:BUDI PT Budi Starch & Sweetener Tbk ISX:BUDI
77 GF Score
Price Rp222.00
GF Value Rp242.80
Valuation Fairly Valued
! 7 Warning Signs
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What is PT Budi Starch & Sweetener Tbk Cyclically Adjusted Book per Share?

PT Budi Starch & Sweetener Tbk ISX:BUDI +0.91% 77 Cyclically Adjusted Book per Share is Rp326.67 as of Jun. 2026. GuruFocus rates ISX:BUDI with a GF Score™ of 77/100 and a GF Value™ of Rp242.80 (Fairly Valued). The stock has 7 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 Budi Starch & Sweetener Tbk's adjusted book value per share for the three months ended in Jun. 2026 was Rp362.060. 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 Rp326.67 for the trailing ten years ended in Jun. 2026.

During the past 12 months, PT Budi Starch & Sweetener Tbk's average Cyclically Adjusted Book Growth Rate was 4.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.70% 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 Budi Starch & Sweetener Tbk was 3.80% per year. The lowest was 3.50% per year. And the median was 3.60% per year.

As of today (2026-08-16), PT Budi Starch & Sweetener Tbk's current stock price is Rp222.00. PT Budi Starch & Sweetener Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Rp326.67. PT Budi Starch & Sweetener Tbk's Cyclically Adjusted PB Ratio of today is 0.68.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Budi Starch & Sweetener Tbk was 0.97. The lowest was 0.31. And the median was 0.71.


PT Budi Starch & Sweetener Tbk  (ISX:BUDI) 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 Budi Starch & Sweetener Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=222.00/326.67
=0.68

* 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 Budi Starch & Sweetener Tbk was 0.97. The lowest was 0.31. And the median was 0.71.


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 Budi Starch & Sweetener Tbk Cyclically Adjusted Book per Share Related Terms


PT Budi Starch & Sweetener Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Budi Starch & Sweetener 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 Budi Starch & Sweetener Tbk Cyclically Adjusted Book per Share Chart

PT Budi Starch & Sweetener 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 272.45 286.63 296.13 304.74 319.08

PT Budi Starch & Sweetener 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 311.65 314.82 319.08 322.93 326.67

ISX:BUDI vs KHC, GIS: Cyclically Adjusted Book per Share Comparison

For the Packaged Foods subindustry, PT Budi Starch & Sweetener 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 Budi Starch & Sweetener Tbk Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Budi Starch & Sweetener Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Budi Starch & Sweetener Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:BUDI
77GF Score
PT Budi Starch & Sweetener Tbk ISX:BUDI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Budi Starch & Sweetener 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 Budi Starch & Sweetener 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)
=362.06/137.6954*137.6954
=362.060

Current CPI (Jun. 2026) = 137.6954.

PT Budi Starch & Sweetener Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 242.540 104.142 320.682
201612 240.713 105.222 315.002
201703 243.769 106.476 315.244
201706 243.813 107.722 311.655
201709 245.277 108.020 312.659
201712 253.910 109.017 320.705
201803 247.296 110.097 309.288
201806 245.550 111.085 304.372
201809 248.092 111.135 307.385
201812 252.847 112.430 309.667
201903 255.276 112.829 311.538
201906 252.627 114.730 303.195
201909 256.129 114.905 306.931
201912 264.351 115.486 315.189
202003 265.837 116.252 314.871
202006 267.327 116.630 315.611
202009 262.460 116.397 310.486
202012 271.528 117.318 318.690
202103 277.975 117.840 324.813
202106 281.789 118.184 328.311
202109 279.630 118.262 325.581
202112 284.233 119.516 327.467
202203 290.978 120.948 331.269
202206 292.362 123.322 326.436
202209 290.427 125.298 319.162
202212 296.064 126.098 323.294
202303 303.677 126.953 329.375
202306 299.200 127.663 322.713
202309 303.997 128.151 326.637
202312 326.068 129.395 346.985
202403 330.691 130.607 348.639
202406 329.084 130.792 346.455
202409 333.413 130.361 352.172
202412 330.719 131.432 346.481
202503 333.197 131.948 347.709
202506 334.650 133.241 345.839
202509 346.275 133.819 356.306
202512 345.435 135.271 351.626
202603 351.416 136.539 354.393
202606 362.060 137.695 362.060

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 Rp326.67 mean?
PT Budi Starch & Sweetener Tbk (ISX:BUDI) has a Cyclically Adjusted Book per Share of Rp326.67 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 Budi Starch & Sweetener Tbk and its competitors.
Is PT Budi Starch & Sweetener Tbk's Cyclically Adjusted Book per Share too high?
PT Budi Starch & Sweetener Tbk's current Cyclically Adjusted Book per Share is Rp326.67. Overall, PT Budi Starch & Sweetener Tbk has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Budi Starch & Sweetener Tbk's Cyclically Adjusted Book per Share compare to KHC and GIS?
PT Budi Starch & Sweetener Tbk's Cyclically Adjusted Book per Share of Rp326.67 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 Budi Starch & Sweetener Tbk and its competitors. PT Budi Starch & Sweetener Tbk's current Cyclically Adjusted Book per Share is Rp326.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Budi Starch & Sweetener Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Budi Starch & Sweetener Tbk (ISX:BUDI) is currently considered Fairly Valued. The stock's GF Value™ is Rp242.80, compared to a current price of Rp222.00 — trading 8.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is Rp326.67. PT Budi Starch & Sweetener Tbk's overall GF Score™ is 77/100 with 7 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 Budi Starch & Sweetener Tbk (ISX:BUDI), the current Cyclically Adjusted Book per Share is Rp326.67 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 Budi Starch & Sweetener Tbk (ISX:BUDI) Overvalued in 2026?

Based on GuruFocus' analysis, PT Budi Starch & Sweetener Tbk stock appears to be undervalued. The current stock price of Rp222.00 is trading 8.6% below its estimated GF Value™ of Rp242.80. GuruFocus considers PT Budi Starch & Sweetener Tbk to be Fairly Valued.

Key valuation signals for ISX:BUDI:

  • Cyclically Adjusted Book per Share: Rp326.67
  • GF Value™: Rp242.80 vs. price of Rp222.00 (8.6% below fair value)
  • GF Score™: 77/100 with 7 warning signs

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


PT Budi Starch & Sweetener Tbk Business Description

Address Jalan H.R. Rasuna Said Kav. C-6, Wisma Budi, 8th - 9th Floor, Jakarta, IDN, 12940
PT Budi Starch & Sweetener Tbk, along with its subsidiaries, is engaged in offering cassava-based products and all derivative products produced from sweet potato, palm oil, copra, and other agricultural products. The company's operating segments are presented based on its products and include tapioca starch, sweeteners, sulfuric acid and others, and plastic packaging. The majority of its revenue is generated from the sale of tapioca starch. Geographically, the firm derives the majority of its revenue from the domestic market and also exports its products to other countries.
77GF Score

Get the complete analysis for ISX:BUDI

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

Rp222.00
Price
Rp242.80
GF Value