PT Pikko Land Development Tbk (ISX:RODA) Cyclically Adjusted Book per Share: Rp183.60 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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ISX:RODA PT Pikko Land Development Tbk ISX:RODA
59 GF Score
Price Rp62.00
GF Value Rp60.91
Valuation Fairly Valued
! 4 Warning Signs
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What is PT Pikko Land Development Tbk Cyclically Adjusted Book per Share?

PT Pikko Land Development Tbk ISX:RODA +1.64% 59 Cyclically Adjusted Book per Share is Rp183.60 as of Jun. 2026. GuruFocus rates ISX:RODA with a GF Score™ of 59/100 and a GF Value™ of Rp60.91 (Fairly Valued). The stock has 4 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 Pikko Land Development Tbk's adjusted book value per share for the three months ended in Jun. 2026 was Rp136.831. 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 Rp183.60 for the trailing ten years ended in Jun. 2026.

During the past 12 months, PT Pikko Land Development Tbk's average Cyclically Adjusted Book Growth Rate was -1.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.70% 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 Pikko Land Development Tbk was 3.10% per year. The lowest was 0.10% per year. And the median was 2.40% per year.

As of today (2026-08-06), PT Pikko Land Development Tbk's current stock price is Rp62.00. PT Pikko Land Development Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Rp183.60. PT Pikko Land Development Tbk's Cyclically Adjusted PB Ratio of today is 0.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Pikko Land Development Tbk was 0.60. The lowest was 0.08. And the median was 0.29.


PT Pikko Land Development Tbk  (ISX:RODA) 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 Pikko Land Development Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=62.00/183.60
=0.34

* 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 Pikko Land Development Tbk was 0.60. The lowest was 0.08. And the median was 0.29.


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 Pikko Land Development Tbk Cyclically Adjusted Book per Share Related Terms


PT Pikko Land Development Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Pikko Land Development 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 Pikko Land Development Tbk Cyclically Adjusted Book per Share Chart

PT Pikko Land Development 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 174.06 184.62 188.60 186.92 184.97

PT Pikko Land Development 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 186.04 185.08 184.97 184.37 183.60

PT Pikko Land Development Tbk Cyclically Adjusted Book per Share Competitor Comparison

For the Real Estate - Development subindustry, PT Pikko Land Development 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 Pikko Land Development Tbk Cyclically Adjusted PB Ratio vs Real Estate Industry

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

* The bar in red indicates where PT Pikko Land Development Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:RODA
59GF Score
PT Pikko Land Development Tbk ISX:RODA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Pikko Land Development 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 Pikko Land Development 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)
=136.831/137.6954*137.6954
=136.831

Current CPI (Jun. 2026) = 137.6954.

PT Pikko Land Development Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 171.140 104.142 226.279
201612 175.725 105.222 229.957
201703 182.224 106.476 235.653
201706 181.303 107.722 231.751
201709 180.904 108.020 230.601
201712 177.270 109.017 223.903
201803 177.752 110.097 222.311
201806 177.429 111.085 219.933
201809 177.228 111.135 219.585
201812 177.220 112.430 217.045
201903 178.951 112.829 218.391
201906 178.230 114.730 213.906
201909 177.206 114.905 212.354
201912 165.986 115.486 197.907
202003 164.974 116.252 195.404
202006 161.386 116.630 190.535
202009 160.531 116.397 189.906
202012 152.218 117.318 178.657
202103 152.286 117.840 177.946
202106 152.386 118.184 177.544
202109 153.419 118.262 178.630
202112 153.057 119.516 176.338
202203 152.361 120.948 173.458
202206 151.282 123.322 168.914
202209 151.359 125.298 166.334
202212 150.439 126.098 164.275
202303 149.218 126.953 161.845
202306 148.490 127.663 160.159
202309 148.080 128.151 159.108
202312 147.707 129.395 157.182
202403 146.926 130.607 154.900
202406 146.153 130.792 153.868
202409 145.683 130.361 153.880
202412 143.035 131.432 149.852
202503 142.185 131.948 148.378
202506 141.768 133.241 146.508
202509 141.115 133.819 145.203
202512 137.992 135.271 140.465
202603 137.256 136.539 138.419
202606 136.831 137.695 136.831

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 Rp183.60 mean?
PT Pikko Land Development Tbk (ISX:RODA) has a Cyclically Adjusted Book per Share of Rp183.60 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 Pikko Land Development Tbk and its competitors.
Is PT Pikko Land Development Tbk's Cyclically Adjusted Book per Share too high?
PT Pikko Land Development Tbk's current Cyclically Adjusted Book per Share is Rp183.60. Overall, PT Pikko Land Development Tbk has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Pikko Land Development Tbk's Cyclically Adjusted Book per Share compare to competitors?
PT Pikko Land Development Tbk's Cyclically Adjusted Book per Share of Rp183.60 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 Pikko Land Development Tbk and its competitors. PT Pikko Land Development Tbk's current Cyclically Adjusted Book per Share is Rp183.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Pikko Land Development Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Pikko Land Development Tbk (ISX:RODA) is currently considered Fairly Valued. The stock's GF Value™ is Rp60.91, compared to a current price of Rp62.00 — trading 1.8% above its estimated fair value. The current Cyclically Adjusted Book per Share is Rp183.60. PT Pikko Land Development Tbk's overall GF Score™ is 59/100 with 4 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 Pikko Land Development Tbk (ISX:RODA), the current Cyclically Adjusted Book per Share is Rp183.60 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 Pikko Land Development Tbk (ISX:RODA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Pikko Land Development Tbk stock appears to be overvalued. The current stock price of Rp62.00 is trading 1.8% above its estimated GF Value™ of Rp60.91. GuruFocus considers PT Pikko Land Development Tbk to be Fairly Valued.

Key valuation signals for ISX:RODA:

  • Cyclically Adjusted Book per Share: Rp183.60
  • GF Value™: Rp60.91 vs. price of Rp62.00 (1.8% above fair value)
  • GF Score™: 59/100 with 4 warning signs

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


PT Pikko Land Development Tbk Business Description

Address Jalan Jenderal Sudirman Street No. 86, Sahid Sudirman Residence, 3rd Floor, Tanah Abang, Central Jakarta, Jakarta, IDN, 10220
PT Pikko Land Development Tbk is a property development company. It is engaged in the development and sale of real estate and investment in shares of stocks and some property assets, such as land and apartment units. The company develops Residential; Mix used Commercial properties.
59GF Score

Get the complete analysis for ISX:RODA

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

Rp62.00
Price
Rp60.91
GF Value