PT Elang Mahkota Teknologi Tbk (ISX:EMTK) Cyclically Adjusted Book per Share: Rp446.88 (As of Jun. 2026)

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ISX:EMTK PT Elang Mahkota Teknologi Tbk ISX:EMTK
62 GF Score
Price Rp515.00
GF Value Rp949.85
Valuation Significantly Undervalued
! 5 Warning Signs
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What is PT Elang Mahkota Teknologi Tbk Cyclically Adjusted Book per Share?

PT Elang Mahkota Teknologi Tbk ISX:EMTK -3.74% 62 Cyclically Adjusted Book per Share is Rp446.88 as of Jun. 2026. GuruFocus rates ISX:EMTK with a GF Score™ of 62/100 and a GF Value™ of Rp949.85 (Significantly Undervalued). 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 Elang Mahkota Teknologi Tbk's adjusted book value per share for the three months ended in Jun. 2026 was Rp598.644. 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 Rp446.88 for the trailing ten years ended in Jun. 2026.

During the past 12 months, PT Elang Mahkota Teknologi Tbk's average Cyclically Adjusted Book Growth Rate was 10.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 14.60% 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 Elang Mahkota Teknologi Tbk was 16.90% per year. The lowest was 12.50% per year. And the median was 15.00% per year.

As of today (2026-09-05), PT Elang Mahkota Teknologi Tbk's current stock price is Rp515.00. PT Elang Mahkota Teknologi Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Rp446.88. PT Elang Mahkota Teknologi Tbk's Cyclically Adjusted PB Ratio of today is 1.15.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Elang Mahkota Teknologi Tbk was 11.85. The lowest was 0.98. And the median was 2.30.


PT Elang Mahkota Teknologi Tbk  (ISX:EMTK) 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 Elang Mahkota Teknologi Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=515.00/446.88
=1.15

* 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 Elang Mahkota Teknologi Tbk was 11.85. The lowest was 0.98. And the median was 2.30.


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 Elang Mahkota Teknologi Tbk Cyclically Adjusted Book per Share Related Terms


PT Elang Mahkota Teknologi Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Elang Mahkota Teknologi 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 Elang Mahkota Teknologi Tbk Cyclically Adjusted Book per Share Chart

PT Elang Mahkota Teknologi 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 252.45 299.12 346.31 383.66 425.35

PT Elang Mahkota Teknologi 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 403.87 413.46 425.35 436.43 446.88

ISX:EMTK vs NXST: Cyclically Adjusted Book per Share Comparison

For the Broadcasting subindustry, PT Elang Mahkota Teknologi 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 Elang Mahkota Teknologi Tbk Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, PT Elang Mahkota Teknologi Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Elang Mahkota Teknologi Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:EMTK
62GF Score
PT Elang Mahkota Teknologi Tbk ISX:EMTK
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Elang Mahkota Teknologi 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 Elang Mahkota Teknologi 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)
=598.644/137.6954*137.6954
=598.644

Current CPI (Jun. 2026) = 137.6954.

PT Elang Mahkota Teknologi Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 250.623 104.142 331.370
201612 247.145 105.222 323.419
201703 248.261 106.476 321.053
201706 264.314 107.722 337.860
201709 269.629 108.020 343.701
201712 257.626 109.017 325.398
201803 252.983 110.097 316.401
201806 248.919 111.085 308.548
201809 248.774 111.135 308.230
201812 211.335 112.430 258.827
201903 208.242 112.829 254.138
201906 195.196 114.730 234.268
201909 190.912 114.905 228.779
201912 175.034 115.486 208.695
202003 172.324 116.252 204.110
202006 167.079 116.630 197.257
202009 175.989 116.397 208.192
202012 194.207 117.318 227.939
202103 337.572 117.840 394.452
202106 339.739 118.184 395.828
202109 353.539 118.262 411.635
202112 470.561 119.516 542.137
202203 549.887 120.948 626.028
202206 537.153 123.322 599.757
202209 578.431 125.298 635.661
202212 587.143 126.098 641.145
202303 580.974 126.953 630.137
202306 574.061 127.663 619.174
202309 578.105 128.151 621.159
202312 567.851 129.395 604.279
202403 571.393 130.607 602.404
202406 565.613 130.792 595.469
202409 569.601 130.361 601.648
202412 580.174 131.432 607.825
202503 646.321 131.948 674.471
202506 618.264 133.241 638.935
202509 640.137 133.819 658.680
202512 618.434 135.271 629.517
202603 602.979 136.539 608.087
202606 598.644 137.695 598.644

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 Rp446.88 mean?
PT Elang Mahkota Teknologi Tbk (ISX:EMTK) has a Cyclically Adjusted Book per Share of Rp446.88 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 Elang Mahkota Teknologi Tbk and its competitors.
Is PT Elang Mahkota Teknologi Tbk's Cyclically Adjusted Book per Share too high?
PT Elang Mahkota Teknologi Tbk's current Cyclically Adjusted Book per Share is Rp446.88. Overall, PT Elang Mahkota Teknologi Tbk has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Elang Mahkota Teknologi Tbk's Cyclically Adjusted Book per Share compare to NXST?
PT Elang Mahkota Teknologi Tbk's Cyclically Adjusted Book per Share of Rp446.88 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Cyclically Adjusted Book per Share depends on the Media - Diversified 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 Elang Mahkota Teknologi Tbk and its competitors. PT Elang Mahkota Teknologi Tbk's current Cyclically Adjusted Book per Share is Rp446.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Elang Mahkota Teknologi Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Elang Mahkota Teknologi Tbk (ISX:EMTK) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp949.85, compared to a current price of Rp515.00 — trading 45.8% below its estimated fair value. The current Cyclically Adjusted Book per Share is Rp446.88. PT Elang Mahkota Teknologi 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 Elang Mahkota Teknologi Tbk (ISX:EMTK), the current Cyclically Adjusted Book per Share is Rp446.88 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 Elang Mahkota Teknologi Tbk (ISX:EMTK) Overvalued in 2026?

Based on GuruFocus' analysis, PT Elang Mahkota Teknologi Tbk stock appears to be undervalued. The current stock price of Rp515.00 is trading 45.8% below its estimated GF Value™ of Rp949.85. GuruFocus considers PT Elang Mahkota Teknologi Tbk to be Significantly Undervalued.

Key valuation signals for ISX:EMTK:

  • Cyclically Adjusted Book per Share: Rp446.88
  • GF Value™: Rp949.85 vs. price of Rp515.00 (45.8% below fair value)
  • GF Score™: 62/100 with 5 warning signs

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


PT Elang Mahkota Teknologi Tbk Business Description

Address Jalan Asia Afrika Lot 19, SCTV Tower, 18th Floor, Senayan City, Jakarta, IDN, 10270
PT Elang Mahkota Teknologi Tbk is an Indonesian integrated group engaged in services, trading, construction, and industry. The group is engaged in media, health, aviation support services, Digital Products and Services Segment and other business segments through its investments in several subsidiaries. The majority of the revenue is generated from media segment.
62GF Score

Get the complete analysis for ISX:EMTK

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

Rp515.00
Price
Rp949.85
GF Value