PT Bank Mega Tbk (ISX:MEGA) Cyclically Adjusted Book per Share: Rp832.31 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ISX:MEGA PT Bank Mega Tbk ISX:MEGA
64 GF Score
Price Rp1,965.00
GF Value Rp2,184.85
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is PT Bank Mega Tbk Cyclically Adjusted Book per Share?

PT Bank Mega Tbk ISX:MEGA -0.51% 64 Cyclically Adjusted Book per Share is Rp832.31 as of Jun. 2026. GuruFocus rates ISX:MEGA with a GF Score™ of 64/100 and a GF Value™ of Rp2,184.85 (Modestly Undervalued). 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 Bank Mega Tbk's adjusted book value per share for the three months ended in Jun. 2026 was Rp952.494. 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 Rp832.31 for the trailing ten years ended in Jun. 2026.

During the past 12 months, PT Bank Mega Tbk's average Cyclically Adjusted Book Growth Rate was 9.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.60% 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 Bank Mega Tbk was 11.30% per year. The lowest was 10.40% per year. And the median was 10.70% per year.

As of today (2026-09-13), PT Bank Mega Tbk's current stock price is Rp1965.00. PT Bank Mega Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Rp832.31. PT Bank Mega Tbk's Cyclically Adjusted PB Ratio of today is 2.36.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Bank Mega Tbk was 7.15. The lowest was 2.03. And the median was 4.08.


PT Bank Mega Tbk  (ISX:MEGA) 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 Bank Mega Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1965.00/832.31
=2.36

* 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 Bank Mega Tbk was 7.15. The lowest was 2.03. And the median was 4.08.


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 Bank Mega Tbk Cyclically Adjusted Book per Share Related Terms


PT Bank Mega Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

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

PT Bank Mega 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 525.63 594.93 662.66 723.92 800.48

PT Bank Mega Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 761.69 780.73 800.48 817.64 832.31

PT Bank Mega Tbk Cyclically Adjusted Book per Share Competitor Comparison

For the Banks - Regional subindustry, PT Bank Mega 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 Bank Mega Tbk Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, PT Bank Mega Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:MEGA
64GF Score
PT Bank Mega Tbk ISX:MEGA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Bank Mega 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 Bank Mega Tbk's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=952.494/137.6954*137.6954
=952.494

Current CPI (Jun. 2026) = 137.6954.

PT Bank Mega Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 508.368 104.142 672.156
201612 504.943 105.222 660.778
201703 523.874 106.476 677.478
201706 511.209 107.722 653.455
201709 530.713 108.020 676.509
201712 537.833 109.017 679.318
201803 521.784 110.097 652.584
201806 0.000 111.085 0.000
201809 524.073 111.135 649.325
201812 567.393 112.430 694.899
201903 601.467 112.829 734.028
201906 591.151 114.730 709.480
201909 615.507 114.905 737.590
201912 639.796 115.486 762.837
202003 646.313 116.252 765.527
202006 630.091 116.630 743.898
202009 660.106 116.397 780.895
202012 749.577 117.318 879.773
202103 648.765 117.840 758.080
202106 699.508 118.184 814.993
202109 753.570 118.262 877.403
202112 788.123 119.516 908.002
202203 719.921 120.948 819.606
202206 733.407 123.322 818.884
202209 771.804 125.298 848.166
202212 878.708 126.098 959.526
202303 814.492 126.953 883.415
202306 876.087 127.663 944.935
202309 881.681 128.151 947.344
202312 926.479 129.395 985.913
202403 849.032 130.607 895.111
202406 843.968 130.792 888.517
202409 915.944 130.361 967.478
202412 902.067 131.432 945.059
202503 924.923 131.948 965.208
202506 948.619 133.241 980.335
202509 1,007.240 133.819 1,036.417
202512 1,067.904 135.271 1,087.043
202603 1,036.713 136.539 1,045.496
202606 952.494 137.695 952.494

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 Rp832.31 mean?
PT Bank Mega Tbk (ISX:MEGA) has a Cyclically Adjusted Book per Share of Rp832.31 as of Jun. 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 Bank Mega Tbk and its competitors.
Is PT Bank Mega Tbk's Cyclically Adjusted Book per Share too high?
PT Bank Mega Tbk's current Cyclically Adjusted Book per Share is Rp832.31. Overall, PT Bank Mega Tbk has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Bank Mega Tbk's Cyclically Adjusted Book per Share compare to competitors?
PT Bank Mega Tbk's Cyclically Adjusted Book per Share of Rp832.31 can be compared against companies in the Banks 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 Banks company?
A good Cyclically Adjusted Book per Share depends on the Banks 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 Bank Mega Tbk and its competitors. PT Bank Mega Tbk's current Cyclically Adjusted Book per Share is Rp832.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bank Mega Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bank Mega Tbk (ISX:MEGA) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp2,184.85, compared to a current price of Rp1,965.00 — trading 10.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is Rp832.31. PT Bank Mega 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 Bank Mega Tbk (ISX:MEGA), the current Cyclically Adjusted Book per Share is Rp832.31 as of Jun. 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 Bank Mega Tbk (ISX:MEGA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bank Mega Tbk stock appears to be undervalued. The current stock price of Rp1,965.00 is trading 10.1% below its estimated GF Value™ of Rp2,184.85. GuruFocus considers PT Bank Mega Tbk to be Modestly Undervalued.

Key valuation signals for ISX:MEGA:

  • Cyclically Adjusted Book per Share: Rp832.31
  • GF Value™: Rp2,184.85 vs. price of Rp1,965.00 (10.1% below fair value)
  • GF Score™: 64/100 with 3 warning signs

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


PT Bank Mega Tbk Business Description

Address Jalan Kapten Tendean No. 12-14A, Menara Bank Mega, 15th Floor, South Jakarta, Jakarta, IDN, 12790
PT Bank Mega Tbk is an Indonesia-based company predominantly engaged in providing general banking services. It offers savings, time deposits, motor vehicle loans, housing loans, credit cards, safe deposit box fees, and custodial services. The Bank's geographical segment includes: Head Office, Jakarta region, Bandung region, Medan region, Semarang region, Surabaya region, Makassar region, and Banjarmasin region.
64GF Score

Get the complete analysis for ISX:MEGA

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

Rp1,965.00
Price
Rp2,184.85
GF Value