PT Erajaya Swasembada Tbk (ISX:ERAA) Cyclically Adjusted Book per Share: Rp429.35 (As of Jun. 2026)

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ISX:ERAA PT Erajaya Swasembada Tbk ISX:ERAA
99 GF Score
Price Rp456.00
GF Value Rp541.06
Valuation Modestly Undervalued
! 4 Warning Signs
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What is PT Erajaya Swasembada Tbk Cyclically Adjusted Book per Share?

PT Erajaya Swasembada Tbk ISX:ERAA -0.87% 99 Cyclically Adjusted Book per Share is Rp429.35 as of Jun. 2026. GuruFocus rates ISX:ERAA with a GF Score™ of 99/100 and a GF Value™ of Rp541.06 (Modestly Undervalued). 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 Erajaya Swasembada Tbk's adjusted book value per share for the three months ended in Jun. 2026 was Rp606.047. 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 Rp429.35 for the trailing ten years ended in Jun. 2026.

During the past 12 months, PT Erajaya Swasembada Tbk's average Cyclically Adjusted Book Growth Rate was 11.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.40% 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 Erajaya Swasembada Tbk was 10.00% per year. The lowest was 8.70% per year. And the median was 8.90% per year.

As of today (2026-08-05), PT Erajaya Swasembada Tbk's current stock price is Rp456.00. PT Erajaya Swasembada Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Rp429.35. PT Erajaya Swasembada Tbk's Cyclically Adjusted PB Ratio of today is 1.06.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Erajaya Swasembada Tbk was 2.53. The lowest was 0.79. And the median was 1.32.


PT Erajaya Swasembada Tbk  (ISX:ERAA) 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 Erajaya Swasembada Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=456.00/429.35
=1.06

* 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 Erajaya Swasembada Tbk was 2.53. The lowest was 0.79. And the median was 1.32.


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 Erajaya Swasembada Tbk Cyclically Adjusted Book per Share Related Terms


PT Erajaya Swasembada Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Erajaya Swasembada 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 Erajaya Swasembada Tbk Cyclically Adjusted Book per Share Chart

PT Erajaya Swasembada 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 286.52 314.53 341.06 368.44 406.29

PT Erajaya Swasembada 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 386.25 394.69 406.29 418.02 429.35

ISX:ERAA vs CASY, WSM, ULTA: Cyclically Adjusted Book per Share Comparison

For the Specialty Retail subindustry, PT Erajaya Swasembada 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 Erajaya Swasembada Tbk Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PT Erajaya Swasembada Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:ERAA
99GF Score
PT Erajaya Swasembada Tbk ISX:ERAA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Erajaya Swasembada 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 Erajaya Swasembada 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)
=606.047/137.6954*137.6954
=606.047

Current CPI (Jun. 2026) = 137.6954.

PT Erajaya Swasembada Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 225.529 104.142 298.191
201612 230.933 105.222 302.203
201703 235.381 106.476 304.396
201706 240.517 107.722 307.442
201709 242.348 108.020 308.925
201712 250.159 109.017 315.967
201803 264.370 110.097 330.642
201806 266.874 111.085 330.805
201809 279.363 111.135 346.130
201812 294.219 112.430 360.337
201903 326.712 112.829 398.718
201906 291.016 114.730 349.268
201909 294.548 114.905 352.970
201912 302.307 115.486 360.445
202003 310.370 116.252 367.619
202006 309.792 116.630 365.746
202009 321.868 116.397 380.765
202012 340.209 117.318 399.301
202103 354.509 117.840 414.243
202106 358.309 118.184 417.464
202109 368.164 118.262 428.664
202112 386.134 119.516 444.868
202203 405.003 120.948 461.082
202206 395.125 123.322 441.176
202209 404.491 125.298 444.511
202212 427.180 126.098 466.469
202303 440.807 126.953 478.109
202306 433.897 127.663 467.995
202309 437.220 128.151 469.782
202312 463.991 129.395 493.756
202403 480.916 130.607 507.017
202406 481.837 130.792 507.271
202409 500.402 130.361 528.556
202412 515.365 131.432 539.927
202503 530.033 131.948 553.119
202506 534.918 133.241 552.803
202509 550.188 133.819 566.126
202512 579.189 135.271 589.569
202603 610.409 136.539 615.580
202606 606.047 137.695 606.047

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 Rp429.35 mean?
PT Erajaya Swasembada Tbk (ISX:ERAA) has a Cyclically Adjusted Book per Share of Rp429.35 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 Erajaya Swasembada Tbk and its competitors.
Is PT Erajaya Swasembada Tbk's Cyclically Adjusted Book per Share too high?
PT Erajaya Swasembada Tbk's current Cyclically Adjusted Book per Share is Rp429.35. Overall, PT Erajaya Swasembada Tbk has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Erajaya Swasembada Tbk's Cyclically Adjusted Book per Share compare to CASY and WSM?
PT Erajaya Swasembada Tbk's Cyclically Adjusted Book per Share of Rp429.35 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Cyclically Adjusted Book per Share depends on the Retail - Cyclical 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 Erajaya Swasembada Tbk and its competitors. PT Erajaya Swasembada Tbk's current Cyclically Adjusted Book per Share is Rp429.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Erajaya Swasembada Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Erajaya Swasembada Tbk (ISX:ERAA) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp541.06, compared to a current price of Rp456.00 — trading 15.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is Rp429.35. PT Erajaya Swasembada Tbk's overall GF Score™ is 99/100 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 Erajaya Swasembada Tbk (ISX:ERAA), the current Cyclically Adjusted Book per Share is Rp429.35 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 Erajaya Swasembada Tbk (ISX:ERAA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Erajaya Swasembada Tbk stock appears to be undervalued. The current stock price of Rp456.00 is trading 15.7% below its estimated GF Value™ of Rp541.06. GuruFocus considers PT Erajaya Swasembada Tbk to be Modestly Undervalued.

Key valuation signals for ISX:ERAA:

  • Cyclically Adjusted Book per Share: Rp429.35
  • GF Value™: Rp541.06 vs. price of Rp456.00 (15.7% below fair value)
  • GF Score™: 99/100 with 4 warning signs

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


PT Erajaya Swasembada Tbk Business Description

Address Jl. Bandengan Selatan No.19-20, Pekojan - Tambora, Jakarta Barat, IDN, 11240
PT Erajaya Swasembada Tbk its activities comprises, among others, large trading, activities and services; and industry. The main activities includes distribution and trading of telecommunication equipment such as cellular phones, Subscriber Identity Module Card (SIM), vouchers for cell phone, computer and other electronic devices, property business, providing information technology system, managing service and customer relationship, trading of medical equipment, trading of pharmacy products, trading of cosmetics, food and beverage and restaurant. Its segments are Cellular phones and tablet, Operator products, Computer & other electronic devices, Accessories and others of which majority of revenue comes from Cellular phones and tablets. Geographically majority of sales is from Central area.
99GF Score

Get the complete analysis for ISX:ERAA

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

Rp456.00
Price
Rp541.06
GF Value