PT Indospring Tbk (ISX:INDS) Cyclically Adjusted Book per Share: Rp459.27 (As of Mar. 2026)


ISX:INDS PT Indospring Tbk ISX:INDS
81 GF Score
Price Rp264.00
GF Value Rp239.03
Valuation Fairly Valued
! 6 Warning Signs
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What is PT Indospring Tbk Cyclically Adjusted Book per Share?

PT Indospring Tbk ISX:INDS +2.33% 81 Cyclically Adjusted Book per Share is Rp459.27 as of Mar. 2026. GuruFocus rates ISX:INDS with a GF Score™ of 81/100 and a GF Value™ of Rp239.03 (Fairly Valued). The stock has 6 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 Indospring Tbk's adjusted book value per share for the three months ended in Mar. 2026 was Rp516.648. 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 Rp459.27 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Indospring Tbk's average Cyclically Adjusted Book Growth Rate was 6.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.70% 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 Indospring Tbk was 6.00% per year. The lowest was 5.70% per year. And the median was 5.85% per year.

As of today (2026-07-12), PT Indospring Tbk's current stock price is Rp264.00. PT Indospring Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp459.27. PT Indospring Tbk's Cyclically Adjusted PB Ratio of today is 0.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Indospring Tbk was 5.40. The lowest was 0.46. And the median was 0.58.


PT Indospring Tbk  (ISX:INDS) 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 Indospring Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=264.00/459.27
=0.57

* 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 Indospring Tbk was 5.40. The lowest was 0.46. And the median was 0.58.


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 Indospring Tbk Cyclically Adjusted Book per Share Related Terms


PT Indospring Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

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

PT Indospring 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 356.73 382.97 405.16 424.65 451.84

PT Indospring 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 429.91 437.97 443.73 451.84 459.27

ISX:INDS vs ORLY, AZO, GPC: Cyclically Adjusted Book per Share Comparison

For the Auto Parts subindustry, PT Indospring 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 Indospring Tbk Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, PT Indospring Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:INDS
81GF Score
PT Indospring Tbk ISX:INDS
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Indospring 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 Indospring 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)
=516.648/136.5387*136.5387
=516.648

Current CPI (Mar. 2026) = 136.5387.

PT Indospring Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 294.489 103.212 389.577
201609 309.131 104.142 405.295
201612 313.143 105.222 406.343
201703 315.784 106.476 404.944
201706 314.683 107.722 398.866
201709 321.775 108.020 406.726
201712 325.258 109.017 407.371
201803 329.543 110.097 408.690
201806 324.536 111.085 398.900
201809 332.172 111.135 408.103
201812 332.844 112.430 404.217
201903 336.295 112.829 406.965
201906 336.416 114.730 400.364
201909 328.973 114.905 390.912
201912 390.032 115.486 461.134
202003 396.601 116.252 465.809
202006 394.053 116.630 461.318
202009 385.403 116.397 452.096
202012 388.753 117.318 452.444
202103 396.122 117.840 458.979
202106 393.866 118.184 455.036
202109 402.219 118.262 464.381
202112 419.662 119.516 479.434
202203 409.223 120.948 461.973
202206 415.367 123.322 459.881
202209 419.514 125.298 457.148
202212 433.974 126.098 469.907
202303 442.331 126.953 475.731
202306 449.900 127.663 481.179
202309 452.789 128.151 482.423
202312 510.313 129.395 538.488
202403 513.181 130.607 536.488
202406 507.967 130.792 530.288
202409 507.960 130.361 532.032
202412 512.076 131.432 531.974
202503 515.779 131.948 533.722
202506 517.373 133.241 530.180
202509 512.837 133.819 523.260
202512 516.598 135.271 521.439
202603 516.648 136.539 516.648

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 Rp459.27 mean?
PT Indospring Tbk (ISX:INDS) has a Cyclically Adjusted Book per Share of Rp459.27 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 Indospring Tbk and its competitors.
Is PT Indospring Tbk's Cyclically Adjusted Book per Share too high?
PT Indospring Tbk's current Cyclically Adjusted Book per Share is Rp459.27. Overall, PT Indospring Tbk has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Indospring Tbk's Cyclically Adjusted Book per Share compare to ORLY and AZO?
PT Indospring Tbk's Cyclically Adjusted Book per Share of Rp459.27 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Cyclically Adjusted Book per Share depends on the Vehicles & Parts 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 Indospring Tbk and its competitors. PT Indospring Tbk's current Cyclically Adjusted Book per Share is Rp459.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indospring Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indospring Tbk (ISX:INDS) is currently considered Fairly Valued. The stock's GF Value™ is Rp239.03, compared to a current price of Rp264.00 — trading 10.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is Rp459.27. PT Indospring Tbk's overall GF Score™ is 81/100 with 6 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 Indospring Tbk (ISX:INDS), the current Cyclically Adjusted Book per Share is Rp459.27 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 Indospring Tbk (ISX:INDS) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indospring Tbk stock appears to be overvalued. The current stock price of Rp264.00 is trading 10.4% above its estimated GF Value™ of Rp239.03. GuruFocus considers PT Indospring Tbk to be Fairly Valued.

Key valuation signals for ISX:INDS:

  • Cyclically Adjusted Book per Share: Rp459.27
  • GF Value™: Rp239.03 vs. price of Rp264.00 (10.4% above fair value)
  • GF Score™: 81/100 with 6 warning signs

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


PT Indospring Tbk Business Description

Address Jalan Mayjend Sungkono no. 10, Desa Segoromadu, P.O. Box 112, Jawa Timur, Gresik, IDN, 61123
PT Indospring Tbk is engaged in the manufacture of leaf springs and coil springs. Its products include multi-leaf springs, parabolic leaf springs, trailing leaf springs, tension springs, compression springs, valve springs, wire rings, hot coil springs, and Yoko-oki leaf springs. The company's manufacturing facilities are located in Gresik, Indonesia. It operates in two segments: the spare part industry and the Agricultural equipment industry. The spare part industry segment contributes to the majority of the company's revenue. Geographically, the company generates the majority of its revenue from the domestic market.
81GF Score

Get the complete analysis for ISX:INDS

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

Rp264.00
Price
Rp239.03
GF Value