PT Kokoh Inti Arebama Tbk (ISX:KOIN) Cyclically Adjusted Book per Share: Rp59.36 (As of Mar. 2026)

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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.
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ISX:KOIN PT Kokoh Inti Arebama Tbk ISX:KOIN
64 GF Score
Price Rp78.00
GF Value Rp75.56
Valuation Fairly Valued
! 3 Warning Signs
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What is PT Kokoh Inti Arebama Tbk Cyclically Adjusted Book per Share?

PT Kokoh Inti Arebama Tbk ISX:KOIN 64 Cyclically Adjusted Book per Share is Rp59.36 as of Mar. 2026. GuruFocus rates ISX:KOIN with a GF Score™ of 64/100 and a GF Value™ of Rp75.56 (Fairly Valued). The stock has 3 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 Kokoh Inti Arebama Tbk's adjusted book value per share for the three months ended in Mar. 2026 was Rp-95.565. 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 Rp59.36 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Kokoh Inti Arebama Tbk's average Cyclically Adjusted Book Growth Rate was -28.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -18.50% 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 Kokoh Inti Arebama Tbk was -18.50% per year. The lowest was -18.50% per year. And the median was -18.50% per year.

As of today (2026-07-27), PT Kokoh Inti Arebama Tbk's current stock price is Rp78.00. PT Kokoh Inti Arebama Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp59.36. PT Kokoh Inti Arebama Tbk's Cyclically Adjusted PB Ratio of today is 1.31.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Kokoh Inti Arebama Tbk was 1.55. The lowest was 0.54. And the median was 0.78.


PT Kokoh Inti Arebama Tbk  (ISX:KOIN) 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 Kokoh Inti Arebama Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=78.00/59.36
=1.31

* 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 Kokoh Inti Arebama Tbk was 1.55. The lowest was 0.54. And the median was 0.78.


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 Kokoh Inti Arebama Tbk Cyclically Adjusted Book per Share Related Terms


PT Kokoh Inti Arebama Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Kokoh Inti Arebama 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 Kokoh Inti Arebama Tbk Cyclically Adjusted Book per Share Chart

PT Kokoh Inti Arebama 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 0.00 120.50 108.18 88.80 65.24

PT Kokoh Inti Arebama 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 82.88 77.20 70.95 65.24 59.36

ISX:KOIN vs TT, JCI, CARR: Cyclically Adjusted Book per Share Comparison

For the Building Products & Equipment subindustry, PT Kokoh Inti Arebama 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 Kokoh Inti Arebama Tbk Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, PT Kokoh Inti Arebama Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:KOIN
64GF Score
PT Kokoh Inti Arebama Tbk ISX:KOIN
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Kokoh Inti Arebama 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 Kokoh Inti Arebama 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)
=-95.565/136.5387*136.5387
=-95.565

Current CPI (Mar. 2026) = 136.5387.

PT Kokoh Inti Arebama Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 122.724 103.212 162.351
201609 121.678 104.142 159.529
201612 123.592 105.222 160.376
201703 111.446 106.476 142.912
201706 108.020 107.722 136.917
201709 112.099 108.020 141.694
201712 113.743 109.017 142.458
201803 112.101 110.097 139.025
201806 105.841 111.085 130.093
201809 103.523 111.135 127.187
201812 105.093 112.430 127.629
201903 107.068 112.829 129.568
201906 105.103 114.730 125.082
201909 111.271 114.905 132.221
201912 87.708 115.486 103.697
202003 87.569 116.252 102.850
202006 88.199 116.630 103.255
202009 92.125 116.397 108.067
202012 129.066 117.318 150.211
202103 127.750 117.840 148.021
202106 119.061 118.184 137.552
202109 111.785 118.262 129.061
202112 100.223 119.516 114.498
202203 90.153 120.948 101.774
202206 78.966 123.322 87.429
202209 60.807 125.298 66.262
202212 26.343 126.098 28.524
202303 -10.592 126.953 -11.392
202306 -38.827 127.663 -41.526
202309 -44.240 128.151 -47.135
202312 -50.135 129.395 -52.903
202403 -64.681 130.607 -67.619
202406 -79.141 130.792 -82.619
202409 -81.450 130.361 -85.310
202412 -87.824 131.432 -91.237
202503 -91.795 131.948 -94.988
202506 -97.746 133.241 -100.166
202509 -99.134 133.819 -101.149
202512 -91.565 135.271 -92.423
202603 -95.565 136.539 -95.565

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 Rp59.36 mean?
PT Kokoh Inti Arebama Tbk (ISX:KOIN) has a Cyclically Adjusted Book per Share of Rp59.36 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 Kokoh Inti Arebama Tbk and its competitors.
Is PT Kokoh Inti Arebama Tbk's Cyclically Adjusted Book per Share too high?
PT Kokoh Inti Arebama Tbk's current Cyclically Adjusted Book per Share is Rp59.36. Overall, PT Kokoh Inti Arebama Tbk has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Kokoh Inti Arebama Tbk's Cyclically Adjusted Book per Share compare to TT and JCI?
PT Kokoh Inti Arebama Tbk's Cyclically Adjusted Book per Share of Rp59.36 can be compared against companies in the Construction 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 Construction company?
A good Cyclically Adjusted Book per Share depends on the Construction 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 Kokoh Inti Arebama Tbk and its competitors. PT Kokoh Inti Arebama Tbk's current Cyclically Adjusted Book per Share is Rp59.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Kokoh Inti Arebama Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Kokoh Inti Arebama Tbk (ISX:KOIN) is currently considered Fairly Valued. The stock's GF Value™ is Rp75.56, compared to a current price of Rp78.00 — trading 3.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is Rp59.36. PT Kokoh Inti Arebama Tbk's overall GF Score™ is 64/100 with 3 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 Kokoh Inti Arebama Tbk (ISX:KOIN), the current Cyclically Adjusted Book per Share is Rp59.36 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 Kokoh Inti Arebama Tbk (ISX:KOIN) Overvalued in 2026?

Based on GuruFocus' analysis, PT Kokoh Inti Arebama Tbk stock appears to be overvalued. The current stock price of Rp78.00 is trading 3.2% above its estimated GF Value™ of Rp75.56. GuruFocus considers PT Kokoh Inti Arebama Tbk to be Fairly Valued.

Key valuation signals for ISX:KOIN:

  • Cyclically Adjusted Book per Share: Rp59.36
  • GF Value™: Rp75.56 vs. price of Rp78.00 (3.2% above fair value)
  • GF Score™: 64/100 with 3 warning signs

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


PT Kokoh Inti Arebama Tbk Business Description

Address Jl. Buncit Raya No.139, Graha Mobisel, 3rd Floor, Jakarta Selatan, Kalibata Pancoran, Jakarta, IDN, 12740
PT Kokoh Inti Arebama Tbk is engaged in the distribution of building materials. The Company conducts its business activities through two main segments, namely the building materials distribution wholesale segment and the building materials retail segment, which is operated through the Belanja Keramik store network and the Mitraruma platform. It includes ceramic products, roof tiles, granites, sanitary ware, fittings, mosaic tiles, granite tile, ceramic adhesive, and instant cement. The company distributes ceramic tiles of various brand names, especially KIA and Impresso. The distribution and supply network of the company includes central warehouses in Karawang, Cileungsi, and Gresik, Indonesia.
64GF Score

Get the complete analysis for ISX:KOIN

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

Rp78.00
Price
Rp75.56
GF Value