PT Fortune Indonesia Tbk (ISX:FORU) Cyclically Adjusted Book per Share: Rp135.78 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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ISX:FORU PT Fortune Indonesia Tbk ISX:FORU
46 GF Score
Price Rp1,990.00
GF Value Rp821.39
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is PT Fortune Indonesia Tbk Cyclically Adjusted Book per Share?

PT Fortune Indonesia Tbk ISX:FORU 46 Cyclically Adjusted Book per Share is Rp135.78 as of Jun. 2026. GuruFocus rates ISX:FORU with a GF Score™ of 46/100 and a GF Value™ of Rp821.39 (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 Indonesia Tbk's adjusted book value per share for the three months ended in Jun. 2026 was Rp34.383. 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 Rp135.78 for the trailing ten years ended in Jun. 2026.

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.

As of today (2026-08-28), PT Fortune Indonesia Tbk's current stock price is Rp1990.00. PT Fortune Indonesia Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Rp135.78. PT Fortune Indonesia Tbk's Cyclically Adjusted PB Ratio of today is 14.66.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of PT Fortune Indonesia Tbk was 27.42. The lowest was 8.33. And the median was 15.91.


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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1990.00/135.78
=14.66

* 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 11 years, the highest Cyclically Adjusted PB Ratio of PT Fortune Indonesia Tbk was 27.42. The lowest was 8.33. And the median was 15.91.


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 Indonesia Tbk Cyclically Adjusted Book per Share Related Terms


PT Fortune Indonesia Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

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

PT Fortune 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 0.00 0.00 0.00 0.00

PT Fortune Indonesia 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 0.00 0.00 0.00 137.51 135.78

ISX:FORU vs APP, OMC, TTD: Cyclically Adjusted Book per Share Comparison

For the Advertising Agencies subindustry, PT Fortune 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 Indonesia Tbk Cyclically Adjusted PB Ratio vs Media - Diversified Industry

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

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


ISX:FORU
46GF Score
PT Fortune Indonesia Tbk ISX:FORU
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Fortune 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 Indonesia 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)
=34.383/137.6954*137.6954
=34.383

Current CPI (Jun. 2026) = 137.6954.

PT Fortune Indonesia Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 93.015 0.000
201409 0.000 94.576 0.000
201503 274.363 98.388 383.976
201506 283.608 99.766 391.431
201509 278.300 101.037 379.275
201512 287.353 102.133 387.409
201612 272.299 105.222 356.336
201712 151.454 109.017 191.296
201809 0.000 111.135 0.000
201812 134.801 112.430 165.094
201903 0.000 112.829 0.000
201906 135.299 114.730 162.381
201909 134.536 114.905 161.221
201912 136.619 115.486 162.893
202003 132.871 116.252 157.379
202006 122.303 116.630 144.393
202009 107.355 116.397 126.999
202012 83.809 117.318 98.366
202103 82.797 117.840 96.748
202106 79.546 118.184 92.679
202109 81.486 118.262 94.876
202112 87.045 119.516 100.285
202203 84.378 120.948 96.061
202206 80.166 123.322 89.509
202209 81.002 125.298 89.016
202212 78.763 126.098 86.007
202303 78.600 126.953 85.251
202306 77.538 127.663 83.631
202309 74.641 128.151 80.200
202312 72.885 129.395 77.561
202403 65.273 130.607 68.816
202406 62.275 130.792 65.562
202409 55.116 130.361 58.217
202412 55.784 131.432 58.443
202503 57.372 131.948 59.871
202506 54.201 133.241 56.013
202509 52.130 133.819 53.640
202512 50.255 135.271 51.156
202603 41.311 136.539 41.661
202606 34.383 137.695 34.383

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 Rp135.78 mean?
PT Fortune Indonesia Tbk (ISX:FORU) has a Cyclically Adjusted Book per Share of Rp135.78 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 Fortune Indonesia Tbk and its competitors.
Is PT Fortune Indonesia Tbk's Cyclically Adjusted Book per Share too high?
PT Fortune Indonesia Tbk's current Cyclically Adjusted Book per Share is Rp135.78. Overall, PT Fortune Indonesia Tbk has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Fortune Indonesia Tbk's Cyclically Adjusted Book per Share compare to APP and OMC?
PT Fortune Indonesia Tbk's Cyclically Adjusted Book per Share of Rp135.78 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 Fortune Indonesia Tbk and its competitors. PT Fortune Indonesia Tbk's current Cyclically Adjusted Book per Share is Rp135.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Fortune Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Fortune Indonesia Tbk (ISX:FORU) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp821.39, compared to a current price of Rp1,990.00 — trading 142.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is Rp135.78. PT Fortune Indonesia Tbk's overall GF Score™ is 46/100 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 Indonesia Tbk (ISX:FORU), the current Cyclically Adjusted Book per Share is Rp135.78 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 Fortune Indonesia Tbk (ISX:FORU) Overvalued in 2026?

Based on GuruFocus' analysis, PT Fortune Indonesia Tbk stock appears to be overvalued. The current stock price of Rp1,990.00 is trading 142.3% above its estimated GF Value™ of Rp821.39. GuruFocus considers PT Fortune Indonesia Tbk to be Significantly Overvalued.

Key valuation signals for ISX:FORU:

  • Cyclically Adjusted Book per Share: Rp135.78
  • GF Value™: Rp821.39 vs. price of Rp1,990.00 (142.3% above fair value)
  • GF Score™: 46/100 with 1 warning sign

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


PT Fortune Indonesia Tbk Business Description

Address Jalan M.H. Thamrin No 1, Menara BCA, Lantai 36, Suite 3603, Kel. Menteng, Kec. Menteng, Central Jakarta, Jakarta, IDN, 10310
PT Fortune Indonesia Tbk is an Indonesia based company engaged in service and printing, which includes advertising, public relations, exhibition and convention, multimedia, promotion, production, and publishing of advertising materials, advertisements, posters, banners, billboards, printing, and publishing of books, magazines, and directories. It operates through the following segments: Integrated Advertising and Public Relations. The company generates maximum revenue from the Integrated segment. It also provides consulting services.
46GF Score

Get the complete analysis for ISX:FORU

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

Rp1,990.00
Price
Rp821.39
GF Value