PT Indocement Tunggal Prakarsa Tbk (ISX:INTP) Cyclically Adjusted Book per Share: Rp7,225.03 (As of Mar. 2026)


ISX:INTP PT Indocement Tunggal Prakarsa Tbk ISX:INTP
81 GF Score
Price Rp4,160.00
GF Value Rp7,020.23
Valuation Significantly Undervalued
! 5 Warning Signs
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What is PT Indocement Tunggal Prakarsa Tbk Cyclically Adjusted Book per Share?

PT Indocement Tunggal Prakarsa Tbk ISX:INTP -1.42% 81 Cyclically Adjusted Book per Share is Rp7,225.03 as of Mar. 2026. GuruFocus rates ISX:INTP with a GF Score™ of 81/100 and a GF Value™ of Rp7,020.23 (Significantly Undervalued). The stock has 5 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 Indocement Tunggal Prakarsa Tbk's adjusted book value per share for the three months ended in Mar. 2026 was Rp7,086.771. 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 Rp7,225.03 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Indocement Tunggal Prakarsa Tbk's average Cyclically Adjusted Book Growth Rate was 1.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.40% 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 Indocement Tunggal Prakarsa Tbk was 3.80% per year. The lowest was -0.80% per year. And the median was 0.80% per year.

As of today (2026-07-05), PT Indocement Tunggal Prakarsa Tbk's current stock price is Rp4160.00. PT Indocement Tunggal Prakarsa Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp7,225.03. PT Indocement Tunggal Prakarsa Tbk's Cyclically Adjusted PB Ratio of today is 0.58.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Indocement Tunggal Prakarsa Tbk was 2.86. The lowest was 0.56. And the median was 1.34.


PT Indocement Tunggal Prakarsa Tbk  (ISX:INTP) 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 Indocement Tunggal Prakarsa Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4160.00/7225.03
=0.58

* 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 Indocement Tunggal Prakarsa Tbk was 2.86. The lowest was 0.56. And the median was 1.34.


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 Indocement Tunggal Prakarsa Tbk Cyclically Adjusted Book per Share Related Terms


PT Indocement Tunggal Prakarsa Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Indocement Tunggal Prakarsa 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 Indocement Tunggal Prakarsa Tbk Cyclically Adjusted Book per Share Chart

PT Indocement Tunggal Prakarsa 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 7,151.25 7,369.52 7,314.87 7,178.28 7,204.32

PT Indocement Tunggal Prakarsa 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 7,139.08 7,172.95 7,165.72 7,204.32 7,225.03

ISX:INTP vs CRH, VMC, MLM: Cyclically Adjusted Book per Share Comparison

For the Building Materials subindustry, PT Indocement Tunggal Prakarsa 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 Indocement Tunggal Prakarsa Tbk Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, PT Indocement Tunggal Prakarsa Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:INTP
81GF Score
PT Indocement Tunggal Prakarsa Tbk ISX:INTP
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Indocement Tunggal Prakarsa 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 Indocement Tunggal Prakarsa 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)
=7086.771/136.5387*136.5387
=7,086.771

Current CPI (Mar. 2026) = 136.5387.

PT Indocement Tunggal Prakarsa Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 6,726.324 103.212 8,898.199
201609 6,921.034 104.142 9,074.008
201612 7,100.531 105.222 9,213.835
201703 7,234.074 106.476 9,276.569
201706 6,416.697 107.722 8,133.265
201709 6,554.104 108.020 8,284.443
201712 6,670.731 109.017 8,354.787
201803 6,742.778 110.097 8,362.211
201806 6,067.620 111.085 7,457.957
201809 6,139.156 111.135 7,542.504
201812 6,308.103 112.430 7,660.775
201903 6,415.869 112.829 7,764.124
201906 5,931.888 114.730 7,059.451
201909 6,077.409 114.905 7,221.656
201912 6,269.711 115.486 7,412.664
202003 6,379.030 116.252 7,492.191
202006 6,394.093 116.630 7,485.575
202009 6,069.942 116.397 7,120.328
202012 6,024.138 117.318 7,011.092
202103 6,119.646 117.840 7,090.716
202106 6,183.547 118.184 7,143.896
202109 5,853.924 118.262 6,758.631
202112 5,809.032 119.516 6,636.409
202203 5,828.141 120.948 6,579.402
202206 5,289.667 123.322 5,856.554
202209 5,444.859 125.298 5,933.308
202212 5,702.853 126.098 6,175.054
202303 5,811.091 126.953 6,249.887
202306 5,746.414 127.663 6,145.935
202309 5,912.203 128.151 6,299.147
202312 6,111.648 129.395 6,449.078
202403 6,181.023 130.607 6,461.743
202406 6,140.341 130.792 6,410.153
202409 6,312.058 130.361 6,611.186
202412 6,601.350 131.432 6,857.867
202503 6,664.238 131.948 6,896.078
202506 6,490.040 133.241 6,650.688
202509 6,661.607 133.819 6,796.996
202512 7,020.372 135.271 7,086.159
202603 7,086.771 136.539 7,086.771

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 Rp7,225.03 mean?
PT Indocement Tunggal Prakarsa Tbk (ISX:INTP) has a Cyclically Adjusted Book per Share of Rp7,225.03 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 Indocement Tunggal Prakarsa Tbk and its competitors.
Is PT Indocement Tunggal Prakarsa Tbk's Cyclically Adjusted Book per Share too high?
PT Indocement Tunggal Prakarsa Tbk's current Cyclically Adjusted Book per Share is Rp7,225.03. Overall, PT Indocement Tunggal Prakarsa Tbk has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Indocement Tunggal Prakarsa Tbk's Cyclically Adjusted Book per Share compare to CRH and VMC?
PT Indocement Tunggal Prakarsa Tbk's Cyclically Adjusted Book per Share of Rp7,225.03 can be compared against companies in the Building Materials 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 Building Materials company?
A good Cyclically Adjusted Book per Share depends on the Building Materials 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 Indocement Tunggal Prakarsa Tbk and its competitors. PT Indocement Tunggal Prakarsa Tbk's current Cyclically Adjusted Book per Share is Rp7,225.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indocement Tunggal Prakarsa Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indocement Tunggal Prakarsa Tbk (ISX:INTP) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp7,020.23, compared to a current price of Rp4,160.00 — trading 40.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is Rp7,225.03. PT Indocement Tunggal Prakarsa Tbk's overall GF Score™ is 81/100 with 5 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 Indocement Tunggal Prakarsa Tbk (ISX:INTP), the current Cyclically Adjusted Book per Share is Rp7,225.03 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 Indocement Tunggal Prakarsa Tbk (ISX:INTP) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indocement Tunggal Prakarsa Tbk stock appears to be undervalued. The current stock price of Rp4,160.00 is trading 40.7% below its estimated GF Value™ of Rp7,020.23. GuruFocus considers PT Indocement Tunggal Prakarsa Tbk to be Significantly Undervalued.

Key valuation signals for ISX:INTP:

  • Cyclically Adjusted Book per Share: Rp7,225.03
  • GF Value™: Rp7,020.23 vs. price of Rp4,160.00 (40.7% below fair value)
  • GF Score™: 81/100 with 5 warning signs

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


PT Indocement Tunggal Prakarsa Tbk Business Description

Other Exchanges PITPY:USAITP:Germany
Address Jalan Jenderal Sudirman Kavling 70-71, Wisma Indocement, 13th Floor, Jakarta, IDN, 12910
PT Indocement Tunggal Prakarsa Tbk manufactures and sells cement, concrete, and cement-related products. The firm operates in three segments cement, ready-mix concrete, and aggregates quarries. The Cement segment, which generates the vast majority of revenue, sells cement under the Tiga Roda brand, to retailers and the residential construction industry. The Ready-Mix Concrete segment sells concrete to the building and construction industries.
81GF Score

Get the complete analysis for ISX:INTP

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

Rp4,160.00
Price
Rp7,020.23
GF Value