PT Essa Industries Indonesia Tbk (ISX:ESSA) Cyclically Adjusted Book per Share: Rp278.95 (As of Mar. 2026)

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ISX:ESSA PT Essa Industries Indonesia Tbk ISX:ESSA
88 GF Score
Price Rp590.00
GF Value Rp856.09
Valuation Significantly Undervalued
! 2 Warning Signs
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What is PT Essa Industries Indonesia Tbk Cyclically Adjusted Book per Share?

PT Essa Industries Indonesia Tbk ISX:ESSA +2.61% 88 Cyclically Adjusted Book per Share is Rp278.95 as of Mar. 2026. GuruFocus rates ISX:ESSA with a GF Score™ of 88/100 and a GF Value™ of Rp856.09 (Significantly Undervalued). The stock has 2 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 Essa Industries Indonesia Tbk's adjusted book value per share for the three months ended in Mar. 2026 was Rp457.318. 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 Rp278.95 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Essa Industries Indonesia Tbk's average Cyclically Adjusted Book Growth Rate was 14.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 15.70% 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 Essa Industries Indonesia Tbk was 17.70% per year. The lowest was 15.30% per year. And the median was 15.60% per year.

As of today (2026-07-14), PT Essa Industries Indonesia Tbk's current stock price is Rp590.00. PT Essa Industries Indonesia Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp278.95. PT Essa Industries Indonesia Tbk's Cyclically Adjusted PB Ratio of today is 2.12.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Essa Industries Indonesia Tbk was 10.03. The lowest was 1.06. And the median was 2.99.


PT Essa Industries Indonesia Tbk  (ISX:ESSA) 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 Essa Industries Indonesia Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=590.00/278.95
=2.12

* 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 Essa Industries Indonesia Tbk was 10.03. The lowest was 1.06. And the median was 2.99.


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 Essa Industries Indonesia Tbk Cyclically Adjusted Book per Share Related Terms


PT Essa Industries Indonesia Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Essa Industries Indonesia 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 Essa Industries Indonesia Tbk Cyclically Adjusted Book per Share Chart

PT Essa Industries Indonesia 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 145.06 176.01 208.64 236.33 269.53

PT Essa Industries Indonesia 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 243.87 252.59 259.99 269.53 278.95

ISX:ESSA vs DOW: Cyclically Adjusted Book per Share Comparison

For the Chemicals subindustry, PT Essa Industries Indonesia 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 Essa Industries Indonesia Tbk Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, PT Essa Industries Indonesia Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Essa Industries Indonesia Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:ESSA
88GF Score
PT Essa Industries Indonesia Tbk ISX:ESSA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Essa Industries Indonesia 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 Essa Industries Indonesia 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)
=457.318/136.5387*136.5387
=457.318

Current CPI (Mar. 2026) = 136.5387.

PT Essa Industries Indonesia Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 153.020 103.212 202.429
201609 142.787 104.142 187.205
201612 124.915 105.222 162.093
201703 126.586 106.476 162.327
201706 127.053 107.722 161.042
201709 125.014 108.020 158.019
201712 128.245 109.017 160.621
201803 150.811 110.097 187.032
201806 156.413 111.085 192.254
201809 175.847 111.135 216.044
201812 190.921 112.430 231.861
201903 198.668 112.829 240.417
201906 196.496 114.730 233.847
201909 194.392 114.905 230.992
201912 183.700 115.486 217.188
202003 198.808 116.252 233.501
202006 177.330 116.630 207.601
202009 176.921 116.397 207.537
202012 177.727 117.318 206.845
202103 186.359 117.840 215.931
202106 170.893 118.184 197.434
202109 186.636 118.262 215.480
202112 195.308 119.516 223.126
202203 222.571 120.948 251.261
202206 262.319 123.322 290.431
202209 304.707 125.298 332.042
202212 351.353 126.098 380.445
202303 408.888 126.953 439.763
202306 354.781 127.663 379.447
202309 368.609 128.151 392.734
202312 341.580 129.395 360.439
202403 354.403 130.607 370.499
202406 372.366 130.792 388.728
202409 360.686 130.361 377.779
202412 387.793 131.432 402.862
202503 405.862 131.948 419.981
202506 398.536 133.241 408.401
202509 409.590 133.819 417.914
202512 433.126 135.271 437.185
202603 457.318 136.539 457.318

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 Rp278.95 mean?
PT Essa Industries Indonesia Tbk (ISX:ESSA) has a Cyclically Adjusted Book per Share of Rp278.95 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 Essa Industries Indonesia Tbk and its competitors.
Is PT Essa Industries Indonesia Tbk's Cyclically Adjusted Book per Share too high?
PT Essa Industries Indonesia Tbk's current Cyclically Adjusted Book per Share is Rp278.95. Overall, PT Essa Industries Indonesia Tbk has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Essa Industries Indonesia Tbk's Cyclically Adjusted Book per Share compare to DOW?
PT Essa Industries Indonesia Tbk's Cyclically Adjusted Book per Share of Rp278.95 can be compared against companies in the Chemicals 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 Chemicals company?
A good Cyclically Adjusted Book per Share depends on the Chemicals 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 Essa Industries Indonesia Tbk and its competitors. PT Essa Industries Indonesia Tbk's current Cyclically Adjusted Book per Share is Rp278.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Essa Industries Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Essa Industries Indonesia Tbk (ISX:ESSA) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp856.09, compared to a current price of Rp590.00 — trading 31.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is Rp278.95. PT Essa Industries Indonesia Tbk's overall GF Score™ is 88/100 with 2 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 Essa Industries Indonesia Tbk (ISX:ESSA), the current Cyclically Adjusted Book per Share is Rp278.95 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 Essa Industries Indonesia Tbk (ISX:ESSA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Essa Industries Indonesia Tbk stock appears to be undervalued. The current stock price of Rp590.00 is trading 31.1% below its estimated GF Value™ of Rp856.09. GuruFocus considers PT Essa Industries Indonesia Tbk to be Significantly Undervalued.

Key valuation signals for ISX:ESSA:

  • Cyclically Adjusted Book per Share: Rp278.95
  • GF Value™: Rp856.09 vs. price of Rp590.00 (31.1% below fair value)
  • GF Score™: 88/100 with 2 warning signs

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


PT Essa Industries Indonesia Tbk Business Description

Address Jalan Prof. Dr. Satrio, Kav. 3-5, DBS Bank Tower, 18th Floor, Ciputra World 1 Jakarta, Jakarta, IDN, 12940
PT Essa Industries Indonesia Tbk owns and operates privately owned domestic liquefied petroleum gas (LPG) refinery in Indonesia. Its main business is the refining and processing of natural gas to produce LPG (mixture of Propane and Butane), condensate, methanol, carbonation and gasification of coal, or other hydrocarbon materials. The principal products of the company include LPG, Condensate and Ammonia. It is also engaged in other activities such as crude oil mining, Wholesale trade in gas, liquid and solid fuels and similar products, Gas distribution and supporting service activities related to oil and gas mining carried out on a fee or contract basis. The company's segments are; LPG refinery, Ammonia which generates key revenue, and others.
88GF Score

Get the complete analysis for ISX:ESSA

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

Rp590.00
Price
Rp856.09
GF Value