PT Fortune Mate Indonesia Tbk (ISX:FMII) Cyclically Adjusted Book per Share: Rp114.78 (As of Mar. 2026)


ISX:FMII PT Fortune Mate Indonesia Tbk ISX:FMII
62 GF Score
Price Rp252.00
GF Value Rp187.04
Valuation Significantly Overvalued
! 1 Warning Sign
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What is PT Fortune Mate Indonesia Tbk Cyclically Adjusted Book per Share?

PT Fortune Mate Indonesia Tbk ISX:FMII -1.56% 62 Cyclically Adjusted Book per Share is Rp114.78 as of Mar. 2026. GuruFocus rates ISX:FMII with a GF Score™ of 62/100 and a GF Value™ of Rp187.04 (Significantly Overvalued). The stock has 1 warning sign 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 Fortune Mate Indonesia Tbk's adjusted book value per share for the three months ended in Mar. 2026 was Rp108.207. 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 Rp114.78 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Fortune Mate Indonesia Tbk's average Cyclically Adjusted Book Growth Rate was 7.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.40% 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 Fortune Mate Indonesia Tbk was 6.40% per year. The lowest was 6.40% per year. And the median was 6.40% per year.

As of today (2026-07-04), PT Fortune Mate Indonesia Tbk's current stock price is Rp252.00. PT Fortune Mate Indonesia Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp114.78. PT Fortune Mate Indonesia Tbk's Cyclically Adjusted PB Ratio of today is 2.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Fortune Mate Indonesia Tbk was 5.27. The lowest was 1.16. And the median was 2.78.


PT Fortune Mate Indonesia Tbk  (ISX:FMII) 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 Fortune Mate Indonesia Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=252.00/114.78
=2.20

* 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 Fortune Mate Indonesia Tbk was 5.27. The lowest was 1.16. And the median was 2.78.


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 Fortune Mate Indonesia Tbk Cyclically Adjusted Book per Share Related Terms


PT Fortune Mate Indonesia Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Fortune Mate 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 Fortune Mate Indonesia Tbk Cyclically Adjusted Book per Share Chart

PT Fortune Mate 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 0.00 93.91 101.23 105.42 112.98

PT Fortune Mate 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 107.07 109.45 110.89 112.98 114.78

PT Fortune Mate Indonesia Tbk Cyclically Adjusted Book per Share Competitor Comparison

For the Real Estate - Development subindustry, PT Fortune Mate 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 Fortune Mate Indonesia Tbk Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Fortune Mate Indonesia Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:FMII
62GF Score
PT Fortune Mate Indonesia Tbk ISX:FMII
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Fortune Mate 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 Fortune Mate 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)
=108.207/136.5387*136.5387
=108.207

Current CPI (Mar. 2026) = 136.5387.

PT Fortune Mate Indonesia Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 92.909 103.212 122.909
201609 94.468 104.142 123.855
201612 94.502 105.222 122.628
201703 94.604 106.476 121.315
201706 93.870 107.722 118.982
201709 94.608 108.020 119.585
201712 95.957 109.017 120.182
201803 96.670 110.097 119.888
201806 96.904 111.085 119.109
201809 97.166 111.135 119.377
201812 97.340 112.430 118.213
201903 99.058 112.829 119.874
201906 98.328 114.730 117.019
201909 103.883 114.905 123.442
201912 97.996 115.486 115.860
202003 98.038 116.252 115.146
202006 97.769 116.630 114.458
202009 98.046 116.397 115.013
202012 97.640 117.318 113.637
202103 97.241 117.840 112.671
202106 97.501 118.184 112.644
202109 99.172 118.262 114.499
202112 99.283 119.516 113.424
202203 99.186 120.948 111.971
202206 99.132 123.322 109.756
202209 100.944 125.298 110.000
202212 101.830 126.098 110.262
202303 102.880 126.953 110.648
202306 103.609 127.663 110.812
202309 104.282 128.151 111.107
202312 104.536 129.395 110.308
202403 104.930 130.607 109.696
202406 105.046 130.792 109.662
202409 104.908 130.361 109.880
202412 106.153 131.432 110.278
202503 109.255 131.948 113.056
202506 108.859 133.241 111.554
202509 108.559 133.819 110.765
202512 108.508 135.271 109.525
202603 108.207 136.539 108.207

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 Rp114.78 mean?
PT Fortune Mate Indonesia Tbk (ISX:FMII) has a Cyclically Adjusted Book per Share of Rp114.78 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 Fortune Mate Indonesia Tbk and its competitors.
Is PT Fortune Mate Indonesia Tbk's Cyclically Adjusted Book per Share too high?
PT Fortune Mate Indonesia Tbk's current Cyclically Adjusted Book per Share is Rp114.78. Overall, PT Fortune Mate Indonesia Tbk has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Fortune Mate Indonesia Tbk's Cyclically Adjusted Book per Share compare to competitors?
PT Fortune Mate Indonesia Tbk's Cyclically Adjusted Book per Share of Rp114.78 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted Book per Share depends on the Real Estate 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 Fortune Mate Indonesia Tbk and its competitors. PT Fortune Mate Indonesia Tbk's current Cyclically Adjusted Book per Share is Rp114.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Fortune Mate Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Fortune Mate Indonesia Tbk (ISX:FMII) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp187.04, compared to a current price of Rp252.00 — trading 34.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is Rp114.78. PT Fortune Mate Indonesia Tbk's overall GF Score™ is 62/100 with 1 warning sign 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 Fortune Mate Indonesia Tbk (ISX:FMII), the current Cyclically Adjusted Book per Share is Rp114.78 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 Fortune Mate Indonesia Tbk (ISX:FMII) Overvalued in 2026?

Based on GuruFocus' analysis, PT Fortune Mate Indonesia Tbk stock appears to be overvalued. The current stock price of Rp252.00 is trading 34.7% above its estimated GF Value™ of Rp187.04. GuruFocus considers PT Fortune Mate Indonesia Tbk to be Significantly Overvalued.

Key valuation signals for ISX:FMII:

  • Cyclically Adjusted Book per Share: Rp114.78
  • GF Value™: Rp187.04 vs. price of Rp252.00 (34.7% above fair value)
  • GF Score™: 62/100 with 1 warning sign

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


PT Fortune Mate Indonesia Tbk Business Description

Address Jalan Raya Darmo Number 54-56, Gedung Gozco Lantai 3, Surabaya, IDN, 60265
PT Fortune Mate Indonesia Tbk is an Indonesian-based real estate company. It is engaged in real estate development and construction services business. The company's projects include office and industrial, residential, and land. The Company's business segment is only one segment, namely Real Estate by building Juanda Land Housing and Fortune Bizpark Warehousing (FBIP), which are located on Tambak Sawah and Juanda, Sidoarjo Regency.
62GF Score

Get the complete analysis for ISX:FMII

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

Rp252.00
Price
Rp187.04
GF Value