PT Multipolar Technology Tbk (ISX:MLPT) Cyclically Adjusted Book per Share: Rp465.92 (As of Mar. 2026)


ISX:MLPT PT Multipolar Technology Tbk ISX:MLPT
82 GF Score
Price Rp18,275.00
GF Value Rp16,251.65
Valuation Modestly Overvalued
! 3 Warning Signs
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What is PT Multipolar Technology Tbk Cyclically Adjusted Book per Share?

PT Multipolar Technology Tbk ISX:MLPT +4.43% 82 Cyclically Adjusted Book per Share is Rp465.92 as of Mar. 2026. GuruFocus rates ISX:MLPT with a GF Score™ of 82/100 and a GF Value™ of Rp16,251.65 (Modestly Overvalued). 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 Multipolar Technology Tbk's adjusted book value per share for the three months ended in Mar. 2026 was Rp418.133. 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 Rp465.92 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Multipolar Technology Tbk's average Cyclically Adjusted Book Growth Rate was 2.80% 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.

As of today (2026-07-05), PT Multipolar Technology Tbk's current stock price is Rp18275.00. PT Multipolar Technology Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp465.92. PT Multipolar Technology Tbk's Cyclically Adjusted PB Ratio of today is 39.22.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Multipolar Technology Tbk was 436.95. The lowest was 2.67. And the median was 38.60.


PT Multipolar Technology Tbk  (ISX:MLPT) 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 Multipolar Technology Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=18275.00/465.92
=39.22

* 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 Multipolar Technology Tbk was 436.95. The lowest was 2.67. And the median was 38.60.


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 Multipolar Technology Tbk Cyclically Adjusted Book per Share Related Terms


PT Multipolar Technology Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Multipolar Technology 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 Multipolar Technology Tbk Cyclically Adjusted Book per Share Chart

PT Multipolar Technology 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 0.00 449.25 451.13 462.04

PT Multipolar Technology 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 453.15 455.96 457.72 462.04 465.92

ISX:MLPT vs IBM, ACN, FISV: Cyclically Adjusted Book per Share Comparison

For the Information Technology Services subindustry, PT Multipolar Technology 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 Multipolar Technology Tbk Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, PT Multipolar Technology Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:MLPT
82GF Score
PT Multipolar Technology Tbk ISX:MLPT
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Multipolar Technology 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 Multipolar Technology 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)
=418.133/136.5387*136.5387
=418.133

Current CPI (Mar. 2026) = 136.5387.

PT Multipolar Technology Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 370.369 103.212 489.958
201609 375.811 104.142 492.717
201612 395.846 105.222 513.660
201703 0.000 106.476 0.000
201706 0.000 107.722 0.000
201709 401.261 108.020 507.197
201712 422.551 109.017 529.226
201803 432.324 110.097 536.157
201806 408.913 111.085 502.612
201809 420.520 111.135 516.647
201812 448.633 112.430 544.835
201903 459.654 112.829 556.247
201906 434.782 114.730 517.428
201909 459.714 114.905 546.268
201912 479.194 115.486 566.550
202003 494.956 116.252 581.327
202006 383.139 116.630 448.541
202009 405.315 116.397 475.454
202012 434.031 117.318 505.140
202103 449.142 117.840 520.412
202106 364.620 118.184 421.248
202109 412.743 118.262 476.531
202112 455.708 119.516 520.614
202203 401.953 120.948 453.766
202206 461.085 123.322 510.499
202209 330.852 125.298 360.532
202212 441.093 126.098 477.616
202303 460.874 126.953 495.675
202306 302.819 127.663 323.873
202309 338.625 128.151 360.787
202312 382.054 129.395 403.148
202403 415.039 130.607 433.889
202406 400.065 130.792 417.644
202409 321.684 130.361 336.929
202412 361.606 131.432 375.657
202503 394.793 131.948 408.527
202506 331.763 133.241 339.975
202509 403.828 133.819 412.035
202512 403.855 135.271 407.639
202603 418.133 136.539 418.133

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 Rp465.92 mean?
PT Multipolar Technology Tbk (ISX:MLPT) has a Cyclically Adjusted Book per Share of Rp465.92 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 Multipolar Technology Tbk and its competitors.
Is PT Multipolar Technology Tbk's Cyclically Adjusted Book per Share too high?
PT Multipolar Technology Tbk's current Cyclically Adjusted Book per Share is Rp465.92. Overall, PT Multipolar Technology Tbk has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Multipolar Technology Tbk's Cyclically Adjusted Book per Share compare to IBM and ACN?
PT Multipolar Technology Tbk's Cyclically Adjusted Book per Share of Rp465.92 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted Book per Share depends on the Software 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 Multipolar Technology Tbk and its competitors. PT Multipolar Technology Tbk's current Cyclically Adjusted Book per Share is Rp465.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Multipolar Technology Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Multipolar Technology Tbk (ISX:MLPT) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp16,251.65, compared to a current price of Rp18,275.00 — trading 12.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is Rp465.92. PT Multipolar Technology Tbk's overall GF Score™ is 82/100 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 Multipolar Technology Tbk (ISX:MLPT), the current Cyclically Adjusted Book per Share is Rp465.92 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 Multipolar Technology Tbk (ISX:MLPT) Overvalued in 2026?

Based on GuruFocus' analysis, PT Multipolar Technology Tbk stock appears to be overvalued. The current stock price of Rp18,275.00 is trading 12.5% above its estimated GF Value™ of Rp16,251.65. GuruFocus considers PT Multipolar Technology Tbk to be Modestly Overvalued.

Key valuation signals for ISX:MLPT:

  • Cyclically Adjusted Book per Share: Rp465.92
  • GF Value™: Rp16,251.65 vs. price of Rp18,275.00 (12.5% above fair value)
  • GF Score™: 82/100 with 3 warning signs

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


PT Multipolar Technology Tbk Business Description

Address Jalan Mega Kuningan Barat III, Lot 10. 1-6, Sopo Del Office Tower & Lifestyle, Tower B, 18th Floor, Kawasan Mega Kuningan, Jakarta, IDN, 12950
PT Multipolar Technology Tbk is an Indonesian-based company engaged in consultation, integration, and information technology management. Its business activities include Strategy & Planning, Customer Experience Platforms & Services, Digital Insights, Business Solution Platforms & Services, Hybrid Integration Platforms & Services, Hybrid Infrastructure Platforms & Services, and Security Platforms & Services. The revenue is generated from Technology Services, followed by Hardware & Supporting Devices, IT Outsourcing, Software, and Others.
82GF Score

Get the complete analysis for ISX:MLPT

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

Rp18,275.00
Price
Rp16,251.65
GF Value