PT Metropolitan Kentjana Tbk (ISX:MKPI) Cyclically Adjusted Book per Share: Rp6,865.58 (As of Mar. 2026)


ISX:MKPI PT Metropolitan Kentjana Tbk ISX:MKPI
83 GF Score
Price Rp20,850.00
GF Value Rp29,228.20
Valuation Modestly Undervalued
! 1 Warning Sign
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What is PT Metropolitan Kentjana Tbk Cyclically Adjusted Book per Share?

PT Metropolitan Kentjana Tbk ISX:MKPI -0.60% 83 Cyclically Adjusted Book per Share is Rp6,865.58 as of Mar. 2026. GuruFocus rates ISX:MKPI with a GF Score™ of 83/100 and a GF Value™ of Rp29,228.20 (Modestly Undervalued). The stock has 1 warning sign 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 Metropolitan Kentjana Tbk's adjusted book value per share for the three months ended in Mar. 2026 was Rp8,496.166. 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 Rp6,865.58 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Metropolitan Kentjana Tbk's average Cyclically Adjusted Book Growth Rate was 10.50% 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 10.90% 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 Metropolitan Kentjana Tbk was 11.60% per year. The lowest was 10.40% per year. And the median was 10.50% per year.

As of today (2026-07-04), PT Metropolitan Kentjana Tbk's current stock price is Rp20850.00. PT Metropolitan Kentjana Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp6,865.58. PT Metropolitan Kentjana Tbk's Cyclically Adjusted PB Ratio of today is 3.04.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Metropolitan Kentjana Tbk was 8.04. The lowest was 3.05. And the median was 4.87.


PT Metropolitan Kentjana Tbk  (ISX:MKPI) 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 Metropolitan Kentjana Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=20850.00/6865.58
=3.04

* 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 Metropolitan Kentjana Tbk was 8.04. The lowest was 3.05. And the median was 4.87.


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 Metropolitan Kentjana Tbk Cyclically Adjusted Book per Share Related Terms


PT Metropolitan Kentjana Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Metropolitan Kentjana 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 Metropolitan Kentjana Tbk Cyclically Adjusted Book per Share Chart

PT Metropolitan Kentjana 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 4,497.48 4,982.13 5,539.01 6,070.33 6,699.35

PT Metropolitan Kentjana 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 6,212.43 6,383.26 6,522.69 6,699.35 6,865.58

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

For the Real Estate Services subindustry, PT Metropolitan Kentjana 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 Metropolitan Kentjana Tbk Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


ISX:MKPI
83GF Score
PT Metropolitan Kentjana Tbk ISX:MKPI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Metropolitan Kentjana 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 Metropolitan Kentjana 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)
=8496.166/136.5387*136.5387
=8,496.166

Current CPI (Mar. 2026) = 136.5387.

PT Metropolitan Kentjana Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 3,230.633 103.212 4,273.778
201609 3,611.653 104.142 4,735.155
201612 3,917.768 105.222 5,083.799
201703 4,246.548 106.476 5,445.534
201706 4,183.364 107.722 5,302.480
201709 4,522.236 108.020 5,716.145
201712 4,800.186 109.017 6,012.014
201803 5,178.092 110.097 6,421.730
201806 4,811.949 111.085 5,914.561
201809 5,262.393 111.135 6,465.322
201812 5,517.427 112.430 6,700.551
201903 5,679.929 112.829 6,873.530
201906 5,420.769 114.730 6,451.176
201909 5,592.232 114.905 6,645.131
201912 5,804.376 115.486 6,862.500
202003 6,023.163 116.252 7,074.224
202006 5,923.931 116.630 6,935.156
202009 5,856.713 116.397 6,870.200
202012 5,913.906 117.318 6,882.800
202103 6,006.182 117.840 6,959.247
202106 5,976.507 118.184 6,904.701
202109 5,976.095 118.262 6,899.683
202112 6,155.546 119.516 7,032.276
202203 6,297.051 120.948 7,108.755
202206 6,327.966 123.322 7,006.126
202209 6,541.578 125.298 7,128.412
202212 6,781.266 126.098 7,342.761
202303 6,965.529 126.953 7,491.497
202306 6,723.037 127.663 7,190.458
202309 7,009.234 128.151 7,467.977
202312 7,226.011 129.395 7,624.966
202403 7,443.940 130.607 7,782.017
202406 7,190.025 130.792 7,505.961
202409 7,414.647 130.361 7,766.027
202412 7,733.734 131.432 8,034.253
202503 7,996.848 131.948 8,275.047
202506 7,512.117 133.241 7,698.064
202509 7,820.693 133.819 7,979.639
202512 8,186.644 135.271 8,263.359
202603 8,496.166 136.539 8,496.166

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 Rp6,865.58 mean?
PT Metropolitan Kentjana Tbk (ISX:MKPI) has a Cyclically Adjusted Book per Share of Rp6,865.58 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 Metropolitan Kentjana Tbk and its competitors.
Is PT Metropolitan Kentjana Tbk's Cyclically Adjusted Book per Share too high?
PT Metropolitan Kentjana Tbk's current Cyclically Adjusted Book per Share is Rp6,865.58. Overall, PT Metropolitan Kentjana Tbk has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Metropolitan Kentjana Tbk's Cyclically Adjusted Book per Share compare to CBRE and BEKE?
PT Metropolitan Kentjana Tbk's Cyclically Adjusted Book per Share of Rp6,865.58 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 Metropolitan Kentjana Tbk and its competitors. PT Metropolitan Kentjana Tbk's current Cyclically Adjusted Book per Share is Rp6,865.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Metropolitan Kentjana Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Metropolitan Kentjana Tbk (ISX:MKPI) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp29,228.20, compared to a current price of Rp20,850.00 — trading 28.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is Rp6,865.58. PT Metropolitan Kentjana Tbk's overall GF Score™ is 83/100 with 1 warning sign 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 Metropolitan Kentjana Tbk (ISX:MKPI), the current Cyclically Adjusted Book per Share is Rp6,865.58 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 Metropolitan Kentjana Tbk (ISX:MKPI) Overvalued in 2026?

Based on GuruFocus' analysis, PT Metropolitan Kentjana Tbk stock appears to be undervalued. The current stock price of Rp20,850.00 is trading 28.7% below its estimated GF Value™ of Rp29,228.20. GuruFocus considers PT Metropolitan Kentjana Tbk to be Modestly Undervalued.

Key valuation signals for ISX:MKPI:

  • Cyclically Adjusted Book per Share: Rp6,865.58
  • GF Value™: Rp29,228.20 vs. price of Rp20,850.00 (28.7% below fair value)
  • GF Score™: 83/100 with 1 warning sign

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


PT Metropolitan Kentjana Tbk Business Description

Address Jl. Metro Duta Niaga Blok B-5, Plaza Pondok Indah 2, Pondok Indah, South Jakarta, Jakarta, IDN, 12310
PT Metropolitan Kentjana Tbk is engaged in the development and management of land and buildings (real estate), lease of land and buildings (real estate), and investment services relating to the property. The Entity's main activity is the rental of space in shopping centers, office buildings, and apartments, and the sale of land and buildings. The operating business segments are a Shopping center, Office, Apartment, Real Estate, Air/Waterpark, and Hotel. It makes the majority of the revenue from the Shopping center segment.
83GF Score

Get the complete analysis for ISX:MKPI

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

Rp20,850.00
Price
Rp29,228.20
GF Value