PT Duta Anggada Realty Tbk (ISX:DART) Cyclically Adjusted Book per Share: Rp982.12 (As of Mar. 2026)


ISX:DART PT Duta Anggada Realty Tbk ISX:DART
62 GF Score
Price Rp120.00
GF Value Rp173.03
Valuation Possible Value Trap
! 5 Warning Signs
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What is PT Duta Anggada Realty Tbk Cyclically Adjusted Book per Share?

PT Duta Anggada Realty Tbk ISX:DART +1.69% 62 Cyclically Adjusted Book per Share is Rp982.12 as of Mar. 2026. GuruFocus rates ISX:DART with a GF Score™ of 62/100 and a GF Value™ of Rp173.03 (Possible Value Trap). 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 Duta Anggada Realty Tbk's adjusted book value per share for the three months ended in Mar. 2026 was Rp355.812. 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 Rp982.12 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Duta Anggada Realty Tbk's average Cyclically Adjusted Book Growth Rate was -6.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -5.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -3.40% 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 Duta Anggada Realty Tbk was -1.40% per year. The lowest was -5.70% per year. And the median was -3.10% per year.

As of today (2026-06-29), PT Duta Anggada Realty Tbk's current stock price is Rp120.00. PT Duta Anggada Realty Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp982.12. PT Duta Anggada Realty Tbk's Cyclically Adjusted PB Ratio of today is 0.12.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Duta Anggada Realty Tbk was 0.60. The lowest was 0.07. And the median was 0.16.


PT Duta Anggada Realty Tbk  (ISX:DART) 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 Duta Anggada Realty Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=120.00/982.12
=0.12

* 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 Duta Anggada Realty Tbk was 0.60. The lowest was 0.07. And the median was 0.16.


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 Duta Anggada Realty Tbk Cyclically Adjusted Book per Share Related Terms


PT Duta Anggada Realty Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Duta Anggada Realty 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 Duta Anggada Realty Tbk Cyclically Adjusted Book per Share Chart

PT Duta Anggada Realty 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 1,181.11 1,191.03 1,143.80 1,073.40 1,000.23

PT Duta Anggada Realty 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 1,052.89 1,037.62 1,015.93 1,000.23 982.12

ISX:DART vs CBRE, BEKE, JLL: Cyclically Adjusted Book per Share Comparison

For the Real Estate Services subindustry, PT Duta Anggada Realty 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 Duta Anggada Realty Tbk Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Duta Anggada Realty Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Duta Anggada Realty Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:DART
62GF Score
PT Duta Anggada Realty Tbk ISX:DART
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Duta Anggada Realty 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 Duta Anggada Realty 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)
=355.812/136.5387*136.5387
=355.812

Current CPI (Mar. 2026) = 136.5387.

PT Duta Anggada Realty Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 1,102.640 103.212 1,458.673
201609 1,100.317 104.142 1,442.600
201612 1,153.259 105.222 1,496.499
201703 1,155.563 106.476 1,481.829
201706 1,125.973 107.722 1,427.189
201709 1,125.417 108.020 1,422.537
201712 1,133.083 109.017 1,419.135
201803 1,134.691 110.097 1,407.213
201806 1,136.300 111.085 1,396.672
201809 1,138.135 111.135 1,398.301
201812 1,138.320 112.430 1,382.415
201903 1,138.957 112.829 1,378.302
201906 1,140.123 114.730 1,356.843
201909 1,127.365 114.905 1,339.624
201912 1,055.306 115.486 1,247.686
202003 1,028.993 116.252 1,208.556
202006 992.706 116.630 1,162.163
202009 961.772 116.397 1,128.204
202012 927.651 117.318 1,079.631
202103 896.843 117.840 1,039.155
202106 863.702 118.184 997.841
202109 831.179 118.262 959.635
202112 796.876 119.516 910.375
202203 762.415 120.948 860.692
202206 728.405 123.322 806.467
202209 692.676 125.298 754.815
202212 662.881 126.098 717.768
202303 630.690 126.953 678.313
202306 600.080 127.663 641.801
202309 574.450 128.151 612.047
202312 553.435 129.395 583.991
202403 529.218 130.607 553.253
202406 505.565 130.792 527.780
202409 484.278 130.361 507.228
202412 459.093 131.432 476.933
202503 436.763 131.948 451.957
202506 418.482 133.241 428.841
202509 398.120 133.819 406.211
202512 376.173 135.271 379.698
202603 355.812 136.539 355.812

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 Rp982.12 mean?
PT Duta Anggada Realty Tbk (ISX:DART) has a Cyclically Adjusted Book per Share of Rp982.12 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 Duta Anggada Realty Tbk and its competitors.
Is PT Duta Anggada Realty Tbk's Cyclically Adjusted Book per Share too high?
PT Duta Anggada Realty Tbk's current Cyclically Adjusted Book per Share is Rp982.12. Overall, PT Duta Anggada Realty Tbk has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Duta Anggada Realty Tbk's Cyclically Adjusted Book per Share compare to CBRE and BEKE?
PT Duta Anggada Realty Tbk's Cyclically Adjusted Book per Share of Rp982.12 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted Book per Share depends on the Real Estate 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 Duta Anggada Realty Tbk and its competitors. PT Duta Anggada Realty Tbk's current Cyclically Adjusted Book per Share is Rp982.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Duta Anggada Realty Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Duta Anggada Realty Tbk (ISX:DART) is currently considered Possible Value Trap. The stock's GF Value™ is Rp173.03, compared to a current price of Rp120.00 — trading 30.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is Rp982.12. PT Duta Anggada Realty Tbk's overall GF Score™ is 62/100 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 Duta Anggada Realty Tbk (ISX:DART), the current Cyclically Adjusted Book per Share is Rp982.12 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 Duta Anggada Realty Tbk (ISX:DART) Overvalued in 2026?

Based on GuruFocus' analysis, PT Duta Anggada Realty Tbk stock appears to be undervalued. The current stock price of Rp120.00 is trading 30.6% below its estimated GF Value™ of Rp173.03. GuruFocus considers PT Duta Anggada Realty Tbk to be Possible Value Trap.

Key valuation signals for ISX:DART:

  • Cyclically Adjusted Book per Share: Rp982.12
  • GF Value™: Rp173.03 vs. price of Rp120.00 (30.6% below fair value)
  • GF Score™: 62/100 with 5 warning signs

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


PT Duta Anggada Realty Tbk Business Description

Address Jalan Jend. Sudirman Kav. 21, Plaza Chase, 21 Floor, Jakarta, IDN, 12920
PT Duta Anggada Realty Tbk is a real estate company. The company engages in the development, sales, rental, and managing of apartments, office buildings, shopping centers, tourism hospitality, and other related activities. Its portfolio of real estate consists of fully completed or under-development properties in the office, residential, retail, hotel, and industrial estate sectors. The company's segments include Rental Income, Service fees, Hotel income, Strata title units sold, and Others. The majority of the income is derived from the Rental income segment.
62GF Score

Get the complete analysis for ISX:DART

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

Rp120.00
Price
Rp173.03
GF Value