PT Mnc Tourism Indonesia Tbk (ISX:KPIG) Cyclically Adjusted Book per Share: Rp280.67 (As of Mar. 2026)


ISX:KPIG PT Mnc Tourism Indonesia Tbk ISX:KPIG
78 GF Score
Price Rp79.00
GF Value Rp151.73
Valuation Possible Value Trap
! 2 Warning Signs
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What is PT Mnc Tourism Indonesia Tbk Cyclically Adjusted Book per Share?

PT Mnc Tourism Indonesia Tbk ISX:KPIG +1.28% 78 Cyclically Adjusted Book per Share is Rp280.67 as of Mar. 2026. GuruFocus rates ISX:KPIG with a GF Score™ of 78/100 and a GF Value™ of Rp151.73 (Possible Value Trap). 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 Mnc Tourism Indonesia Tbk's adjusted book value per share for the three months ended in Mar. 2026 was Rp288.327. 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 Rp280.67 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Mnc Tourism Indonesia Tbk's average Cyclically Adjusted Book Growth Rate was 7.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.40% 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 Mnc Tourism Indonesia Tbk was 13.60% per year. The lowest was 8.10% per year. And the median was 11.60% per year.

As of today (2026-07-12), PT Mnc Tourism Indonesia Tbk's current stock price is Rp79.00. PT Mnc Tourism Indonesia Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp280.67. PT Mnc Tourism Indonesia Tbk's Cyclically Adjusted PB Ratio of today is 0.28.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Mnc Tourism Indonesia Tbk was 1.02. The lowest was 0.20. And the median was 0.53.


PT Mnc Tourism Indonesia Tbk  (ISX:KPIG) 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 Mnc Tourism Indonesia Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=79.00/280.67
=0.28

* 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 Mnc Tourism Indonesia Tbk was 1.02. The lowest was 0.20. And the median was 0.53.


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 Mnc Tourism Indonesia Tbk Cyclically Adjusted Book per Share Related Terms


PT Mnc Tourism Indonesia Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Mnc Tourism 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 Mnc Tourism Indonesia Tbk Cyclically Adjusted Book per Share Chart

PT Mnc Tourism 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 187.60 218.37 240.30 256.17 276.07

PT Mnc Tourism 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 260.28 266.04 270.17 276.07 280.67

ISX:KPIG vs CBRE, BEKE, JLL: Cyclically Adjusted Book per Share Comparison

For the Real Estate Services subindustry, PT Mnc Tourism 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 Mnc Tourism Indonesia Tbk Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Mnc Tourism Indonesia Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:KPIG
78GF Score
PT Mnc Tourism Indonesia Tbk ISX:KPIG
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Mnc Tourism 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 Mnc Tourism 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)
=288.327/136.5387*136.5387
=288.327

Current CPI (Mar. 2026) = 136.5387.

PT Mnc Tourism Indonesia Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 154.426 103.212 204.289
201609 164.021 104.142 215.044
201612 160.296 105.222 208.004
201703 154.048 106.476 197.542
201706 152.373 107.722 193.135
201709 150.880 108.020 190.714
201712 163.954 109.017 205.345
201803 164.081 110.097 203.489
201806 163.988 111.085 201.564
201809 164.818 111.135 202.494
201812 171.219 112.430 207.934
201903 171.215 112.829 207.195
201906 271.417 114.730 323.009
201909 269.187 114.905 319.869
201912 282.421 115.486 333.906
202003 281.834 116.252 331.015
202006 283.328 116.630 331.693
202009 283.724 116.397 332.822
202012 285.525 117.318 332.303
202103 284.500 117.840 329.645
202106 297.577 118.184 343.793
202109 297.267 118.262 343.209
202112 300.933 119.516 343.795
202203 302.571 120.948 341.573
202206 283.555 123.322 313.943
202209 283.371 125.298 308.792
202212 285.005 126.098 308.604
202303 288.219 126.953 309.982
202306 288.766 127.663 308.843
202309 288.064 128.151 306.917
202312 271.922 129.395 286.935
202403 272.437 130.607 284.810
202406 277.663 130.792 289.864
202409 283.491 130.361 296.926
202412 288.023 131.432 299.215
202503 288.748 131.948 298.793
202506 294.516 133.241 301.806
202509 286.618 133.819 292.443
202512 284.711 135.271 287.379
202603 288.327 136.539 288.327

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 Rp280.67 mean?
PT Mnc Tourism Indonesia Tbk (ISX:KPIG) has a Cyclically Adjusted Book per Share of Rp280.67 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 Mnc Tourism Indonesia Tbk and its competitors.
Is PT Mnc Tourism Indonesia Tbk's Cyclically Adjusted Book per Share too high?
PT Mnc Tourism Indonesia Tbk's current Cyclically Adjusted Book per Share is Rp280.67. Overall, PT Mnc Tourism Indonesia Tbk has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Mnc Tourism Indonesia Tbk's Cyclically Adjusted Book per Share compare to CBRE and BEKE?
PT Mnc Tourism Indonesia Tbk's Cyclically Adjusted Book per Share of Rp280.67 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted Book per Share depends on the Real Estate 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 Mnc Tourism Indonesia Tbk and its competitors. PT Mnc Tourism Indonesia Tbk's current Cyclically Adjusted Book per Share is Rp280.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Mnc Tourism Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Mnc Tourism Indonesia Tbk (ISX:KPIG) is currently considered Possible Value Trap. The stock's GF Value™ is Rp151.73, compared to a current price of Rp79.00 — trading 47.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is Rp280.67. PT Mnc Tourism Indonesia 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 Mnc Tourism Indonesia Tbk (ISX:KPIG), the current Cyclically Adjusted Book per Share is Rp280.67 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 Mnc Tourism Indonesia Tbk (ISX:KPIG) Overvalued in 2026?

Based on GuruFocus' analysis, PT Mnc Tourism Indonesia Tbk stock appears to be undervalued. The current stock price of Rp79.00 is trading 47.9% below its estimated GF Value™ of Rp151.73. GuruFocus considers PT Mnc Tourism Indonesia Tbk to be Possible Value Trap.

Key valuation signals for ISX:KPIG:

  • Cyclically Adjusted Book per Share: Rp280.67
  • GF Value™: Rp151.73 vs. price of Rp79.00 (47.9% below fair value)
  • GF Score™: 78/100 with 2 warning signs

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


PT Mnc Tourism Indonesia Tbk Business Description

Address Jalan Kebon Sirih Kav. 17-19, MNC Tower 17th Floor, MNC Center, Central Jakarta, IDN, 10340
PT Mnc Tourism Indonesia Tbk is an Indonesia-based company engaged in construction, trade, industry, and services businesses either directly or indirectly through Subsidiaries. Its segments are Hotel, resort and golf; Office space rental; Apartment and other properties; and Property Management and other services. It generates key revenue from the Hotel, Resort and Golf segment. Geographically, all the operations functioned through the region of Indonesia.
78GF Score

Get the complete analysis for ISX:KPIG

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

Rp79.00
Price
Rp151.73
GF Value