PT Mega Manunggal Property Tbk (ISX:MMLP) Cyclically Adjusted Book per Share: Rp680.03 (As of Mar. 2026)


ISX:MMLP PT Mega Manunggal Property Tbk ISX:MMLP
63 GF Score
Price Rp288.00
GF Value Rp456.90
Valuation Possible Value Trap
! 5 Warning Signs
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What is PT Mega Manunggal Property Tbk Cyclically Adjusted Book per Share?

PT Mega Manunggal Property Tbk ISX:MMLP 63 Cyclically Adjusted Book per Share is Rp680.03 as of Mar. 2026. GuruFocus rates ISX:MMLP with a GF Score™ of 63/100 and a GF Value™ of Rp456.90 (Possible Value Trap). The stock has 5 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 Mega Manunggal Property Tbk's adjusted book value per share for the three months ended in Mar. 2026 was Rp682.096. 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 Rp680.03 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Mega Manunggal Property Tbk's average Cyclically Adjusted Book Growth Rate was 5.00% 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 (2026-07-03), PT Mega Manunggal Property Tbk's current stock price is Rp288.00. PT Mega Manunggal Property Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp680.03. PT Mega Manunggal Property Tbk's Cyclically Adjusted PB Ratio of today is 0.42.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Mega Manunggal Property Tbk was 0.88. The lowest was 0.41. And the median was 0.72.


PT Mega Manunggal Property Tbk  (ISX:MMLP) 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 Mega Manunggal Property Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=288.00/680.03
=0.42

* 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 Mega Manunggal Property Tbk was 0.88. The lowest was 0.41. And the median was 0.72.


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 Mega Manunggal Property Tbk Cyclically Adjusted Book per Share Related Terms


PT Mega Manunggal Property Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

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

PT Mega Manunggal Property 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 0.00 609.86 644.44 671.61

PT Mega Manunggal Property 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 647.82 656.71 662.27 671.61 680.03

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

For the Real Estate Services subindustry, PT Mega Manunggal Property 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 Mega Manunggal Property Tbk Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


ISX:MMLP
63GF Score
PT Mega Manunggal Property Tbk ISX:MMLP
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Mega Manunggal Property 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 Mega Manunggal Property 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)
=682.096/136.5387*136.5387
=682.096

Current CPI (Mar. 2026) = 136.5387.

PT Mega Manunggal Property Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 452.325 103.212 598.377
201609 456.276 104.142 598.213
201612 504.792 105.222 655.031
201703 505.011 106.476 647.598
201706 513.081 107.722 650.338
201709 516.168 108.020 652.441
201712 549.428 109.017 688.134
201803 553.351 110.097 686.251
201806 556.588 111.085 684.125
201809 560.664 111.135 688.826
201812 581.464 112.430 706.150
201903 586.447 112.829 709.685
201906 589.616 114.730 701.693
201909 599.463 114.905 712.329
201912 597.806 115.486 706.785
202003 601.467 116.252 706.425
202006 607.835 116.630 711.593
202009 577.907 116.397 677.912
202012 575.627 117.318 669.934
202103 579.690 117.840 671.676
202106 583.602 118.184 674.240
202109 587.928 118.262 678.791
202112 604.752 119.516 690.886
202203 608.262 120.948 686.668
202206 611.873 123.322 677.447
202209 617.745 125.298 673.162
202212 620.380 126.098 671.748
202303 632.178 126.953 679.914
202306 636.216 127.663 680.449
202309 639.312 128.151 681.154
202312 642.234 129.395 677.692
202403 646.584 130.607 675.950
202406 647.029 130.792 675.460
202409 675.087 130.361 707.079
202412 677.505 131.432 703.832
202503 680.551 131.948 704.226
202506 671.081 133.241 687.692
202509 673.409 133.819 687.095
202512 675.761 135.271 682.093
202603 682.096 136.539 682.096

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 Rp680.03 mean?
PT Mega Manunggal Property Tbk (ISX:MMLP) has a Cyclically Adjusted Book per Share of Rp680.03 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 Mega Manunggal Property Tbk and its competitors.
Is PT Mega Manunggal Property Tbk's Cyclically Adjusted Book per Share too high?
PT Mega Manunggal Property Tbk's current Cyclically Adjusted Book per Share is Rp680.03. Overall, PT Mega Manunggal Property Tbk has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Mega Manunggal Property Tbk's Cyclically Adjusted Book per Share compare to CBRE and BEKE?
PT Mega Manunggal Property Tbk's Cyclically Adjusted Book per Share of Rp680.03 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 Mega Manunggal Property Tbk and its competitors. PT Mega Manunggal Property Tbk's current Cyclically Adjusted Book per Share is Rp680.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Mega Manunggal Property Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Mega Manunggal Property Tbk (ISX:MMLP) is currently considered Possible Value Trap. The stock's GF Value™ is Rp456.90, compared to a current price of Rp288.00 — trading 37% below its estimated fair value. The current Cyclically Adjusted Book per Share is Rp680.03. PT Mega Manunggal Property Tbk's overall GF Score™ is 63/100 with 5 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 Mega Manunggal Property Tbk (ISX:MMLP), the current Cyclically Adjusted Book per Share is Rp680.03 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 Mega Manunggal Property Tbk (ISX:MMLP) Overvalued in 2026?

Based on GuruFocus' analysis, PT Mega Manunggal Property Tbk stock appears to be undervalued. The current stock price of Rp288.00 is trading 37% below its estimated GF Value™ of Rp456.90. GuruFocus considers PT Mega Manunggal Property Tbk to be Possible Value Trap.

Key valuation signals for ISX:MMLP:

  • Cyclically Adjusted Book per Share: Rp680.03
  • GF Value™: Rp456.90 vs. price of Rp288.00 (37% below fair value)
  • GF Score™: 63/100 with 5 warning signs

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


PT Mega Manunggal Property Tbk Business Description

Address Jalan Cililitan Besar No. 454, Grha Intirub, 2nd Floor, Intirub Business Park, Jakarta Timur, Jakarta, IDN, 13650
PT Mega Manunggal Property Tbk is a warehouse provider that supports industrial property needs in Indonesia by providing well-built office buildings and logistics warehouses in Indonesia. The group operates in one business segment which is warehouse and office space leasing. The company's revenue is derived from the lease of a warehouse, office space, and its supporting facilities.
63GF Score

Get the complete analysis for ISX:MMLP

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

Rp288.00
Price
Rp456.90
GF Value