PT Indoritel Makmur Internasional Tbk (ISX:DNET) Cyclically Adjusted Book per Share: Rp876.30 (As of Jun. 2026)

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ISX:DNET PT Indoritel Makmur Internasional Tbk ISX:DNET
88 GF Score
Price Rp9,775.00
GF Value Rp10,089.24
Valuation Fairly Valued
! 4 Warning Signs
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What is PT Indoritel Makmur Internasional Tbk Cyclically Adjusted Book per Share?

PT Indoritel Makmur Internasional Tbk ISX:DNET -0.26% 88 Cyclically Adjusted Book per Share is Rp876.30 as of Jun. 2026. GuruFocus rates ISX:DNET with a GF Score™ of 88/100 and a GF Value™ of Rp10,089.24 (Fairly Valued). The stock has 4 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 Indoritel Makmur Internasional Tbk's adjusted book value per share for the three months ended in Jun. 2026 was Rp1,100.666. 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 Rp876.30 for the trailing ten years ended in Jun. 2026.

During the past 12 months, PT Indoritel Makmur Internasional Tbk's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.80% 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 Indoritel Makmur Internasional Tbk was 11.90% per year. The lowest was 6.40% per year. And the median was 10.20% per year.

As of today (2026-08-09), PT Indoritel Makmur Internasional Tbk's current stock price is Rp9775.00. PT Indoritel Makmur Internasional Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Rp876.30. PT Indoritel Makmur Internasional Tbk's Cyclically Adjusted PB Ratio of today is 11.15.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Indoritel Makmur Internasional Tbk was 13.85. The lowest was 5.11. And the median was 6.16.


PT Indoritel Makmur Internasional Tbk  (ISX:DNET) 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 Indoritel Makmur Internasional Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9775.00/876.30
=11.15

* 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 Indoritel Makmur Internasional Tbk was 13.85. The lowest was 5.11. And the median was 6.16.


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 Indoritel Makmur Internasional Tbk Cyclically Adjusted Book per Share Related Terms


PT Indoritel Makmur Internasional Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Indoritel Makmur Internasional 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 Indoritel Makmur Internasional Tbk Cyclically Adjusted Book per Share Chart

PT Indoritel Makmur Internasional 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 590.39 701.27 754.35 789.33 843.55

PT Indoritel Makmur Internasional 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 814.79 826.14 843.55 860.16 876.30

ISX:DNET vs VZ, TMUS, T: Cyclically Adjusted Book per Share Comparison

For the Telecom Services subindustry, PT Indoritel Makmur Internasional 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 Indoritel Makmur Internasional Tbk Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PT Indoritel Makmur Internasional Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Indoritel Makmur Internasional Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:DNET
88GF Score
PT Indoritel Makmur Internasional Tbk ISX:DNET
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Indoritel Makmur Internasional 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 Indoritel Makmur Internasional 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)
=1100.666/137.6954*137.6954
=1,100.666

Current CPI (Jun. 2026) = 137.6954.

PT Indoritel Makmur Internasional Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 566.616 104.142 749.171
201612 580.519 105.222 759.678
201703 577.554 106.476 746.897
201706 581.336 107.722 743.095
201709 582.431 108.020 742.434
201712 599.876 109.017 757.682
201803 593.511 110.097 742.292
201806 603.375 111.085 747.915
201809 606.485 111.135 751.434
201812 628.420 112.430 769.640
201903 630.806 112.829 769.833
201906 641.739 114.730 770.194
201909 645.808 114.905 773.901
201912 653.954 115.486 779.718
202003 657.608 116.252 778.906
202006 656.201 116.630 774.724
202009 658.670 116.397 779.197
202012 705.093 117.318 827.563
202103 700.760 117.840 818.836
202106 716.301 118.184 834.558
202109 725.145 118.262 844.307
202112 766.634 119.516 883.245
202203 782.549 120.948 890.905
202206 805.231 123.322 899.079
202209 827.629 125.298 909.514
202212 855.777 126.098 934.486
202303 870.613 126.953 944.286
202306 887.497 127.663 957.242
202309 898.158 128.151 965.048
202312 903.956 129.395 961.945
202403 909.168 130.607 958.511
202406 935.798 130.792 985.194
202409 957.242 130.361 1,011.099
202412 984.647 131.432 1,031.574
202503 998.935 131.948 1,042.444
202506 1,023.026 133.241 1,057.230
202509 1,038.645 133.819 1,068.732
202512 1,071.683 135.271 1,090.889
202603 1,088.577 136.539 1,097.799
202606 1,100.666 137.695 1,100.666

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 Rp876.30 mean?
PT Indoritel Makmur Internasional Tbk (ISX:DNET) has a Cyclically Adjusted Book per Share of Rp876.30 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 Indoritel Makmur Internasional Tbk and its competitors.
Is PT Indoritel Makmur Internasional Tbk's Cyclically Adjusted Book per Share too high?
PT Indoritel Makmur Internasional Tbk's current Cyclically Adjusted Book per Share is Rp876.30. Overall, PT Indoritel Makmur Internasional Tbk has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Indoritel Makmur Internasional Tbk's Cyclically Adjusted Book per Share compare to VZ and TMUS?
PT Indoritel Makmur Internasional Tbk's Cyclically Adjusted Book per Share of Rp876.30 can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Cyclically Adjusted Book per Share depends on the Telecommunication Services 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 Indoritel Makmur Internasional Tbk and its competitors. PT Indoritel Makmur Internasional Tbk's current Cyclically Adjusted Book per Share is Rp876.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indoritel Makmur Internasional Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indoritel Makmur Internasional Tbk (ISX:DNET) is currently considered Fairly Valued. The stock's GF Value™ is Rp10,089.24, compared to a current price of Rp9,775.00 — trading 3.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is Rp876.30. PT Indoritel Makmur Internasional Tbk's overall GF Score™ is 88/100 with 4 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 Indoritel Makmur Internasional Tbk (ISX:DNET), the current Cyclically Adjusted Book per Share is Rp876.30 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 Indoritel Makmur Internasional Tbk (ISX:DNET) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indoritel Makmur Internasional Tbk stock appears to be undervalued. The current stock price of Rp9,775.00 is trading 3.1% below its estimated GF Value™ of Rp10,089.24. GuruFocus considers PT Indoritel Makmur Internasional Tbk to be Fairly Valued.

Key valuation signals for ISX:DNET:

  • Cyclically Adjusted Book per Share: Rp876.30
  • GF Value™: Rp10,089.24 vs. price of Rp9,775.00 (3.1% below fair value)
  • GF Score™: 88/100 with 4 warning signs

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


PT Indoritel Makmur Internasional Tbk Business Description

Address Jalan Jenderal Sudirman Kav. 70-71, Gedung Wisma Indocement Lantai 10, South Jakarta, Jakarta, IDN, 12910
PT Indoritel Makmur Internasional Tbk is an investment holding company. The company, through its subsidiaries, is engaged in providing infrastructure through fiber optic media and serving telecommunication services ranging from data communication to interactive video, managing SDWAN services, and a variety of other Internet of Things (IoT) derivatives. Its segments are the Corporate segment, the Retail segment, and Others. It generates the majority of revenue from the Corporate segment. The Corporate Business Segment provides fiber-optic-based telecommunications data connection service products for business customers, such as Last Mile Solution, Fiberization, IP Transit, IEPL, MPLS, and DWDM, to other telecommunications operators and international customers.
88GF Score

Get the complete analysis for ISX:DNET

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

Rp9,775.00
Price
Rp10,089.24
GF Value