PT Dharmatya Nusantara Tbk (ISX:DSNG) Cyclically Adjusted Book per Share: Rp643.85 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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ISX:DSNG PT Dharma Satya Nusantara Tbk ISX:DSNG
96 GF Score
Price Rp1,215.00
GF Value Rp977.79
Valuation Modestly Overvalued
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What is PT Dharmatya Nusantara Tbk Cyclically Adjusted Book per Share?

PT Dharmatya Nusantara Tbk ISX:DSNG 96 Cyclically Adjusted Book per Share is Rp643.85 as of Mar. 2026. GuruFocus rates ISX:DSNG with a GF Score™ of 96/100 and a GF Value™ of Rp977.79 (Modestly Overvalued).

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 Dharmatya Nusantara Tbk's adjusted book value per share for the three months ended in Mar. 2026 was Rp1,123.718. 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 Rp643.85 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Dharmatya Nusantara Tbk's average Cyclically Adjusted Book Growth Rate was 17.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.60% 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 Dharmatya Nusantara Tbk was 17.30% per year. The lowest was 15.60% per year. And the median was 16.45% per year.

As of today (2026-07-18), PT Dharmatya Nusantara Tbk's current stock price is Rp1215.00. PT Dharmatya Nusantara Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp643.85. PT Dharmatya Nusantara Tbk's Cyclically Adjusted PB Ratio of today is 1.89.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Dharmatya Nusantara Tbk was 3.18. The lowest was 1.11. And the median was 1.57.


PT Dharmatya Nusantara Tbk  (ISX:DSNG) 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 Dharmatya Nusantara Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1215.00/643.85
=1.89

* 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 Dharmatya Nusantara Tbk was 3.18. The lowest was 1.11. And the median was 1.57.


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 Dharmatya Nusantara Tbk Cyclically Adjusted Book per Share Related Terms


PT Dharmatya Nusantara Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Dharmatya Nusantara 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 Dharmatya Nusantara Tbk Cyclically Adjusted Book per Share Chart

PT Dharmatya Nusantara 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 328.27 400.05 461.07 529.54 617.73

PT Dharmatya Nusantara 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 548.44 571.01 591.92 617.73 643.85

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

For the Farm Products subindustry, PT Dharmatya Nusantara 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 Dharmatya Nusantara Tbk Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


ISX:DSNG
96GF Score
PT Dharma Satya Nusantara Tbk ISX:DSNG
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Dharmatya Nusantara 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 Dharmatya Nusantara 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)
=1123.718/136.5387*136.5387
=1,123.718

Current CPI (Mar. 2026) = 136.5387.

PT Dharmatya Nusantara Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 229.125 103.212 303.108
201609 228.612 104.142 299.728
201612 258.365 105.222 335.261
201703 254.642 106.476 326.539
201706 267.433 107.722 338.976
201709 282.341 108.020 356.881
201712 305.511 109.017 382.639
201803 304.166 110.097 377.218
201806 320.941 111.085 394.482
201809 334.705 111.135 411.215
201812 341.509 112.430 414.740
201903 347.292 112.829 420.273
201906 338.016 114.730 402.268
201909 337.495 114.905 401.038
201912 348.642 115.486 412.199
202003 356.167 116.252 418.319
202006 360.754 116.630 422.335
202009 359.036 116.397 421.166
202012 585.341 117.318 681.239
202103 594.880 117.840 689.276
202106 592.777 118.184 684.839
202109 665.608 118.262 768.476
202112 650.985 119.516 743.704
202203 670.294 120.948 756.696
202206 674.640 123.322 746.940
202209 715.242 125.298 779.405
202212 757.976 126.098 820.737
202303 778.143 126.953 836.901
202306 761.809 127.663 814.774
202309 775.306 128.151 826.049
202312 822.268 129.395 867.666
202403 847.195 130.607 885.672
202406 851.375 130.792 888.785
202409 885.052 130.361 926.995
202412 917.324 131.432 952.970
202503 952.056 131.948 985.177
202506 979.718 133.241 1,003.969
202509 1,017.563 133.819 1,038.244
202512 1,083.110 135.271 1,093.260
202603 1,123.718 136.539 1,123.718

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 Rp643.85 mean?
PT Dharmatya Nusantara Tbk (ISX:DSNG) has a Cyclically Adjusted Book per Share of Rp643.85 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 Dharmatya Nusantara Tbk and its competitors.
Is PT Dharmatya Nusantara Tbk's Cyclically Adjusted Book per Share too high?
PT Dharmatya Nusantara Tbk's current Cyclically Adjusted Book per Share is Rp643.85. Overall, PT Dharmatya Nusantara Tbk has a GF Score™ of 96/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Dharmatya Nusantara Tbk's Cyclically Adjusted Book per Share compare to ADM and BG?
PT Dharmatya Nusantara Tbk's Cyclically Adjusted Book per Share of Rp643.85 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 Dharmatya Nusantara Tbk and its competitors. PT Dharmatya Nusantara Tbk's current Cyclically Adjusted Book per Share is Rp643.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Dharmatya Nusantara Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Dharmatya Nusantara Tbk (ISX:DSNG) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp977.79, compared to a current price of Rp1,215.00 — trading 24.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is Rp643.85. PT Dharmatya Nusantara Tbk's overall GF Score™ is 96/100. 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 Dharmatya Nusantara Tbk (ISX:DSNG), the current Cyclically Adjusted Book per Share is Rp643.85 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 Dharmatya Nusantara Tbk (ISX:DSNG) Overvalued in 2026?

Based on GuruFocus' analysis, PT Dharmatya Nusantara Tbk stock appears to be overvalued. The current stock price of Rp1,215.00 is trading 24.3% above its estimated GF Value™ of Rp977.79. GuruFocus considers PT Dharmatya Nusantara Tbk to be Modestly Overvalued.

Key valuation signals for ISX:DSNG:

  • Cyclically Adjusted Book per Share: Rp643.85
  • GF Value™: Rp977.79 vs. price of Rp1,215.00 (24.3% above fair value)
  • GF Score™: 96/100

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


PT Dharmatya Nusantara Tbk Business Description

Address Jl. Pulo Ayang Kav. OR 3, Kawasan Industri Pulogadung, Kelurahan Jatinegara, Kecamatan Cakung, Jakarta, IDN, 13930
PT Dharma Satya Nusantara Tbk is engaged in forestry, agriculture and plantation, transportation, plant construction, service, and trading industries. Its segments include Palm oil, Wood Products and renewable energy. The company generates its revenue from the Palm Oil segment. Geographically, the company operates in Indonesia, the United States of America, Europe, and the Asia Pacific. It derives a majority of its revenue from Indonesia.
96GF Score

Get the complete analysis for ISX:DSNG

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

Rp1,215.00
Price
Rp977.79
GF Value