PT Resource Alam Indonesia Tbk (ISX:KKGI) Cyclically Adjusted Book per Share: Rp379.03 (As of Mar. 2026)

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ISX:KKGI PT Resource Alam Indonesia Tbk ISX:KKGI
68 GF Score
Price Rp278.00
GF Value Rp238.01
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is PT Resource Alam Indonesia Tbk Cyclically Adjusted Book per Share?

PT Resource Alam Indonesia Tbk ISX:KKGI +2.21% 68 Cyclically Adjusted Book per Share is Rp379.03 as of Mar. 2026. GuruFocus rates ISX:KKGI with a GF Score™ of 68/100 and a GF Value™ of Rp238.01 (Modestly Overvalued). 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 Resource Alam Indonesia Tbk's adjusted book value per share for the three months ended in Mar. 2026 was Rp524.299. 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 Rp379.03 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Resource Alam Indonesia Tbk's average Cyclically Adjusted Book Growth Rate was 11.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.90% 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 Resource Alam Indonesia Tbk was 11.30% per year. The lowest was 10.30% per year. And the median was 11.20% per year.

As of today (2026-07-17), PT Resource Alam Indonesia Tbk's current stock price is Rp278.00. PT Resource Alam Indonesia Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp379.03. PT Resource Alam Indonesia Tbk's Cyclically Adjusted PB Ratio of today is 0.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Resource Alam Indonesia Tbk was 2.87. The lowest was 0.64. And the median was 1.24.


PT Resource Alam Indonesia Tbk  (ISX:KKGI) 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 Resource Alam Indonesia Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=278.00/379.03
=0.73

* 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 Resource Alam Indonesia Tbk was 2.87. The lowest was 0.64. And the median was 1.24.


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 Resource Alam Indonesia Tbk Cyclically Adjusted Book per Share Related Terms


PT Resource Alam Indonesia Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

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

PT Resource Alam 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 240.94 268.43 298.33 332.07 369.15

PT Resource Alam 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 340.81 350.97 359.01 369.15 379.03

PT Resource Alam Indonesia Tbk Cyclically Adjusted Book per Share Competitor Comparison

For the Thermal Coal subindustry, PT Resource Alam 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 Resource Alam Indonesia Tbk Cyclically Adjusted PB Ratio vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Resource Alam Indonesia Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:KKGI
68GF Score
PT Resource Alam Indonesia Tbk ISX:KKGI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Resource Alam 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 Resource Alam 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)
=524.299/136.5387*136.5387
=524.299

Current CPI (Mar. 2026) = 136.5387.

PT Resource Alam Indonesia Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 206.211 103.212 272.795
201609 210.736 104.142 276.291
201612 219.175 105.222 284.407
201703 230.507 106.476 295.589
201706 221.364 107.722 280.582
201709 221.687 108.020 280.214
201712 239.599 109.017 300.087
201803 244.326 110.097 303.006
201806 240.584 111.085 295.712
201809 258.996 111.135 318.200
201812 251.123 112.430 304.972
201903 242.191 112.829 293.086
201906 255.821 114.730 304.449
201909 258.242 114.905 306.863
201912 262.297 115.486 310.113
202003 259.130 116.252 304.349
202006 264.920 116.630 310.142
202009 246.877 116.397 289.598
202012 242.699 117.318 282.461
202103 247.729 117.840 287.039
202106 253.576 118.184 292.958
202109 265.009 118.262 305.965
202112 288.663 119.516 329.777
202203 307.751 120.948 347.421
202206 326.737 123.322 361.753
202209 352.001 125.298 383.578
202212 392.207 126.098 424.682
202303 438.541 126.953 471.655
202306 446.103 127.663 477.118
202309 451.066 128.151 480.588
202312 458.220 129.395 483.519
202403 530.822 130.607 554.930
202406 536.457 130.792 560.029
202409 529.960 130.361 555.075
202412 528.891 131.432 549.443
202503 542.444 131.948 561.315
202506 526.964 133.241 540.008
202509 525.588 133.819 536.270
202512 515.935 135.271 520.770
202603 524.299 136.539 524.299

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 Rp379.03 mean?
PT Resource Alam Indonesia Tbk (ISX:KKGI) has a Cyclically Adjusted Book per Share of Rp379.03 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 Resource Alam Indonesia Tbk and its competitors.
Is PT Resource Alam Indonesia Tbk's Cyclically Adjusted Book per Share too high?
PT Resource Alam Indonesia Tbk's current Cyclically Adjusted Book per Share is Rp379.03. Overall, PT Resource Alam Indonesia Tbk has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Resource Alam Indonesia Tbk's Cyclically Adjusted Book per Share compare to competitors?
PT Resource Alam Indonesia Tbk's Cyclically Adjusted Book per Share of Rp379.03 can be compared against companies in the Other Energy Sources 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 Other Energy Sources company?
A good Cyclically Adjusted Book per Share depends on the Other Energy Sources 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 Resource Alam Indonesia Tbk and its competitors. PT Resource Alam Indonesia Tbk's current Cyclically Adjusted Book per Share is Rp379.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Resource Alam Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Resource Alam Indonesia Tbk (ISX:KKGI) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp238.01, compared to a current price of Rp278.00 — trading 16.8% above its estimated fair value. The current Cyclically Adjusted Book per Share is Rp379.03. PT Resource Alam Indonesia Tbk's overall GF Score™ is 68/100 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 Resource Alam Indonesia Tbk (ISX:KKGI), the current Cyclically Adjusted Book per Share is Rp379.03 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 Resource Alam Indonesia Tbk (ISX:KKGI) Overvalued in 2026?

Based on GuruFocus' analysis, PT Resource Alam Indonesia Tbk stock appears to be overvalued. The current stock price of Rp278.00 is trading 16.8% above its estimated GF Value™ of Rp238.01. GuruFocus considers PT Resource Alam Indonesia Tbk to be Modestly Overvalued.

Key valuation signals for ISX:KKGI:

  • Cyclically Adjusted Book per Share: Rp379.03
  • GF Value™: Rp238.01 vs. price of Rp278.00 (16.8% above fair value)
  • GF Score™: 68/100 with 6 warning signs

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


PT Resource Alam Indonesia Tbk Business Description

Address Jalan Pembangunan I No. 3, Bumi Raya Group Building, Central Jakarta, Jakarta, IDN, 10130
PT Resource Alam Indonesia Tbk is an Indonesia-based energy and mining company mainly engaged in coal mining operations. The company has six reportable business segments: Coal, Electricity, Nickel Ore Trade, Mining Services, Property, and Others. It generates the majority of its revenue from the Coal segment.
68GF Score

Get the complete analysis for ISX:KKGI

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

Rp278.00
Price
Rp238.01
GF Value