PT Maha Properti Indonesia Tbk (ISX:MPRO) Cyclically Adjusted Book per Share: Rp83.59 (As of Mar. 2026)


ISX:MPRO PT Maha Properti Indonesia Tbk ISX:MPRO
44 GF Score
Price Rp8,700.00
GF Value Rp1,633.70
Valuation Significantly Overvalued
! 2 Warning Signs
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What is PT Maha Properti Indonesia Tbk Cyclically Adjusted Book per Share?

PT Maha Properti Indonesia Tbk ISX:MPRO 44 Cyclically Adjusted Book per Share is Rp83.59 as of Mar. 2026. GuruFocus rates ISX:MPRO with a GF Score™ of 44/100 and a GF Value™ of Rp1,633.70 (Significantly Overvalued). 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 Maha Properti Indonesia Tbk's adjusted book value per share data for the fiscal year that ended in Dec. 2025 was Rp80.958. 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 Rp83.59 for the trailing ten years ended in Dec. 2025.

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 (2026-07-01), PT Maha Properti Indonesia Tbk's current stock price is Rp 8700.00. PT Maha Properti Indonesia Tbk's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2025 was Rp83.59. PT Maha Properti Indonesia Tbk's Cyclically Adjusted PB Ratio of today is 104.08.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of PT Maha Properti Indonesia Tbk was 137.58. The lowest was 27.06. And the median was 69.74.


PT Maha Properti Indonesia Tbk  (ISX:MPRO) 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 Maha Properti Indonesia Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8700.00/83.59
=104.08

* 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 11 years, the highest Cyclically Adjusted PB Ratio of PT Maha Properti Indonesia Tbk was 137.58. The lowest was 27.06. And the median was 69.74.


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 Maha Properti Indonesia Tbk Cyclically Adjusted Book per Share Related Terms


PT Maha Properti Indonesia Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Maha Properti 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 Maha Properti Indonesia Tbk Cyclically Adjusted Book per Share Chart

PT Maha Properti 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 0.00 0.00 0.00 74.28 83.59

PT Maha Properti 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 0.00 0.00 0.00 83.59 0.00

PT Maha Properti Indonesia Tbk Cyclically Adjusted Book per Share Competitor Comparison

For the Real Estate - Development subindustry, PT Maha Properti 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 Maha Properti Indonesia Tbk Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


ISX:MPRO
44GF Score
PT Maha Properti Indonesia Tbk ISX:MPRO
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Maha Properti 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 Maha Properti Indonesia Tbk's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2025 was:

Adj_Book=Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=80.958/135.2711*135.2711
=80.958

Current CPI (Dec. 2025) = 135.2711.

PT Maha Properti Indonesia Tbk Annual Data

Book Value per Share CPI Adj_Book
201612 6.404 105.222 8.233
201712 6.131 109.017 7.608
201812 93.038 112.430 111.940
201912 98.049 115.486 114.847
202012 99.329 117.318 114.529
202112 97.950 119.516 110.862
202212 95.028 126.098 101.941
202312 91.107 129.395 95.245
202412 87.195 131.432 89.742
202512 80.958 135.271 80.958

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 Rp83.59 mean?
PT Maha Properti Indonesia Tbk (ISX:MPRO) has a Cyclically Adjusted Book per Share of Rp83.59 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 Maha Properti Indonesia Tbk and its competitors.
Is PT Maha Properti Indonesia Tbk's Cyclically Adjusted Book per Share too high?
PT Maha Properti Indonesia Tbk's current Cyclically Adjusted Book per Share is Rp83.59. Overall, PT Maha Properti Indonesia Tbk has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Maha Properti Indonesia Tbk's Cyclically Adjusted Book per Share compare to competitors?
PT Maha Properti Indonesia Tbk's Cyclically Adjusted Book per Share of Rp83.59 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 Maha Properti Indonesia Tbk and its competitors. PT Maha Properti Indonesia Tbk's current Cyclically Adjusted Book per Share is Rp83.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Maha Properti Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Maha Properti Indonesia Tbk (ISX:MPRO) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp1,633.70, compared to a current price of Rp8,700.00 — trading 432.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is Rp83.59. PT Maha Properti Indonesia Tbk's overall GF Score™ is 44/100 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 Maha Properti Indonesia Tbk (ISX:MPRO), the current Cyclically Adjusted Book per Share is Rp83.59 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 Maha Properti Indonesia Tbk (ISX:MPRO) Overvalued in 2026?

Based on GuruFocus' analysis, PT Maha Properti Indonesia Tbk stock appears to be overvalued. The current stock price of Rp8,700.00 is trading 432.5% above its estimated GF Value™ of Rp1,633.70. GuruFocus considers PT Maha Properti Indonesia Tbk to be Significantly Overvalued.

Key valuation signals for ISX:MPRO:

  • Cyclically Adjusted Book per Share: Rp83.59
  • GF Value™: Rp1,633.70 vs. price of Rp8,700.00 (432.5% above fair value)
  • GF Score™: 44/100 with 2 warning signs

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


PT Maha Properti Indonesia Tbk Business Description

Address Jalan Jenderal Sudirman, Kav. 27, Mayapada Tower 2, 20th Floor, RT. 014 RW. 001 Kel. Karet, Kec. Setiabudi, South Jakarta, Jakarta, IDN, 12920
PT Maha Properti Indonesia Tbk is a property developer. The firm's projects are The Kahyangan, Simprug Signature, The Grand Maja, Kahyangan, and Tanjung Layar Beachfront City, and others. The company operates through Apartment, Building management, and Other segments. A majority of its revenue is generated from the Apartment segment.
44GF Score

Get the complete analysis for ISX:MPRO

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

Rp8,700.00
Price
Rp1,633.70
GF Value