PT Garuda Maintenance Facility Aero Asia Tbk (ISX:GMFI) Cyclically Adjusted Book per Share: Rp-14.32 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ISX:GMFI PT Garuda Maintenance Facility Aero Asia Tbk ISX:GMFI
78 GF Score
Price Rp61.00
GF Value Rp32.44
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is PT Garuda Maintenance Facility Aero Asia Tbk Cyclically Adjusted Book per Share?

PT Garuda Maintenance Facility Aero Asia Tbk ISX:GMFI +3.39% 78 Cyclically Adjusted Book per Share is Rp-14.32 as of Mar. 2026. GuruFocus rates ISX:GMFI with a GF Score™ of 78/100 and a GF Value™ of Rp32.44 (Significantly Overvalued). 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 Garuda Maintenance Facility Aero Asia Tbk's adjusted book value per share for the three months ended in Mar. 2026 was Rp19.039. 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 Rp-14.32 for the trailing ten years ended in Mar. 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 (2026-08-19), PT Garuda Maintenance Facility Aero Asia Tbk's current stock price is Rp61.00. PT Garuda Maintenance Facility Aero Asia Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp-14.32. PT Garuda Maintenance Facility Aero Asia Tbk's Cyclically Adjusted PB Ratio of today is .


PT Garuda Maintenance Facility Aero Asia Tbk  (ISX:GMFI) 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.


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 Garuda Maintenance Facility Aero Asia Tbk Cyclically Adjusted Book per Share Related Terms


PT Garuda Maintenance Facility Aero Asia Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Garuda Maintenance Facility Aero Asia 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 Garuda Maintenance Facility Aero Asia Tbk Cyclically Adjusted Book per Share Chart

PT Garuda Maintenance Facility Aero Asia 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 -4.76 -13.43

PT Garuda Maintenance Facility Aero Asia 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 -7.39 -10.06 -12.71 -13.43 -14.32

ISX:GMFI vs SPCX, GE, RTX: Cyclically Adjusted Book per Share Comparison

For the Aerospace & Defense subindustry, PT Garuda Maintenance Facility Aero Asia 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 Garuda Maintenance Facility Aero Asia Tbk Cyclically Adjusted PB Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, PT Garuda Maintenance Facility Aero Asia Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Garuda Maintenance Facility Aero Asia Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:GMFI
78GF Score
PT Garuda Maintenance Facility Aero Asia Tbk ISX:GMFI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Garuda Maintenance Facility Aero Asia 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 Garuda Maintenance Facility Aero Asia 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)
=19.039/136.5387*136.5387
=19.039

Current CPI (Mar. 2026) = 136.5387.

PT Garuda Maintenance Facility Aero Asia Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201412 39.718 98.819 54.878
201512 60.176 102.133 80.448
201612 82.004 105.222 106.411
201703 0.000 106.476 0.000
201706 0.000 107.722 0.000
201709 100.445 108.020 126.963
201712 76.970 109.017 96.401
201803 91.187 110.097 113.088
201806 93.772 111.085 115.259
201809 102.041 111.135 125.367
201812 56.900 112.430 69.101
201903 97.858 112.829 118.422
201906 99.606 114.730 118.540
201909 99.292 114.905 117.987
201912 37.562 115.486 44.409
202003 56.326 116.252 66.155
202006 32.110 116.630 37.591
202009 14.350 116.397 16.833
202012 -64.091 117.318 -74.591
202103 -67.647 117.840 -78.381
202106 -72.756 118.184 -84.056
202109 -75.437 118.262 -87.096
202112 -102.405 119.516 -116.990
202203 -104.971 120.948 -118.502
202206 -107.705 123.322 -119.248
202209 -111.678 125.298 -121.696
202212 -109.194 126.098 -118.235
202303 -106.490 126.953 -114.531
202306 -103.628 127.663 -110.833
202309 -105.869 128.151 -112.798
202312 -101.934 129.395 -107.562
202403 -102.424 130.607 -107.076
202406 -102.746 130.792 -107.261
202409 -95.889 130.361 -100.433
202412 -87.333 131.432 -90.727
202503 -72.816 131.948 -75.349
202506 -70.857 133.241 -72.611
202509 -67.897 133.819 -69.277
202512 15.922 135.271 16.071
202603 19.039 136.539 19.039

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 Rp-14.32 mean?
PT Garuda Maintenance Facility Aero Asia Tbk (ISX:GMFI) has a Cyclically Adjusted Book per Share of Rp-14.32 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 Garuda Maintenance Facility Aero Asia Tbk and its competitors.
Is PT Garuda Maintenance Facility Aero Asia Tbk's Cyclically Adjusted Book per Share too high?
PT Garuda Maintenance Facility Aero Asia Tbk's current Cyclically Adjusted Book per Share is Rp-14.32. Overall, PT Garuda Maintenance Facility Aero Asia Tbk has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Garuda Maintenance Facility Aero Asia Tbk's Cyclically Adjusted Book per Share compare to SPCX and GE?
PT Garuda Maintenance Facility Aero Asia Tbk's Cyclically Adjusted Book per Share of Rp-14.32 can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Cyclically Adjusted Book per Share depends on the Aerospace & Defense 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 Garuda Maintenance Facility Aero Asia Tbk and its competitors. PT Garuda Maintenance Facility Aero Asia Tbk's current Cyclically Adjusted Book per Share is Rp-14.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Garuda Maintenance Facility Aero Asia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Garuda Maintenance Facility Aero Asia Tbk (ISX:GMFI) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp32.44, compared to a current price of Rp61.00 — trading 88% above its estimated fair value. The current Cyclically Adjusted Book per Share is Rp-14.32. PT Garuda Maintenance Facility Aero Asia Tbk's overall GF Score™ is 78/100 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 Garuda Maintenance Facility Aero Asia Tbk (ISX:GMFI), the current Cyclically Adjusted Book per Share is Rp-14.32 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 Garuda Maintenance Facility Aero Asia Tbk (ISX:GMFI) Overvalued in 2026?

Based on GuruFocus' analysis, PT Garuda Maintenance Facility Aero Asia Tbk stock appears to be overvalued. The current stock price of Rp61.00 is trading 88% above its estimated GF Value™ of Rp32.44. GuruFocus considers PT Garuda Maintenance Facility Aero Asia Tbk to be Significantly Overvalued.

Key valuation signals for ISX:GMFI:

  • Cyclically Adjusted Book per Share: Rp-14.32
  • GF Value™: Rp32.44 vs. price of Rp61.00 (88% above fair value)
  • GF Score™: 78/100 with 2 warning signs

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


PT Garuda Maintenance Facility Aero Asia Tbk Business Description

Address PT Garuda Maintenance Facility Aero Asia Tbk, 2nd Floor, South Lobby Hangar 4, Soekarno-Hatta International Airport Office Area, Pajang Village, Benda District, Tangerang, IDN, 15125
PT Garuda Maintenance Facility Aero Asia Tbk is an Indonesia-based aircraft maintenance company. The company offers various services including line maintenance, base maintenance, component services, engineering services, components maintenance and calibration, material services, logistics, cabin maintenance services, and other services. The company also offers consulting services, training, and provision of experts in the field of aircraft maintenance, components, and engines. The company's operating segments are repairs and maintenance airframe, engine, and component segment, which is the revenue driver for the company; Line maintenance and technical ground handling segment; and other operations.
78GF Score

Get the complete analysis for ISX:GMFI

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

Rp61.00
Price
Rp32.44
GF Value