PT Sejahteraraya Anugrahjaya Tbk (ISX:SRAJ) Cyclically Adjusted Book per Share: Rp168.99 (As of Mar. 2026)

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ISX:SRAJ PT Sejahteraraya Anugrahjaya Tbk ISX:SRAJ
63 GF Score
Price Rp11,000.00
GF Value Rp2,684.15
Valuation Significantly Overvalued
! 1 Warning Sign
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What is PT Sejahteraraya Anugrahjaya Tbk Cyclically Adjusted Book per Share?

PT Sejahteraraya Anugrahjaya Tbk ISX:SRAJ 63 Cyclically Adjusted Book per Share is Rp168.99 as of Mar. 2026. GuruFocus rates ISX:SRAJ with a GF Score™ of 63/100 and a GF Value™ of Rp2,684.15 (Significantly Overvalued). 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 Sejahteraraya Anugrahjaya Tbk's adjusted book value per share for the three months ended in Mar. 2026 was Rp101.589. 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 Rp168.99 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Sejahteraraya Anugrahjaya Tbk's average Cyclically Adjusted Book Growth Rate was 0.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.20% 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 Sejahteraraya Anugrahjaya Tbk was 3.10% per year. The lowest was -0.20% per year. And the median was 2.00% per year.

As of today (2026-07-29), PT Sejahteraraya Anugrahjaya Tbk's current stock price is Rp11000.00. PT Sejahteraraya Anugrahjaya Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp168.99. PT Sejahteraraya Anugrahjaya Tbk's Cyclically Adjusted PB Ratio of today is 65.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Sejahteraraya Anugrahjaya Tbk was 102.17. The lowest was 0.79. And the median was 3.77.


PT Sejahteraraya Anugrahjaya Tbk  (ISX:SRAJ) 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 Sejahteraraya Anugrahjaya Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11000.00/168.99
=65.09

* 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 Sejahteraraya Anugrahjaya Tbk was 102.17. The lowest was 0.79. And the median was 3.77.


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 Sejahteraraya Anugrahjaya Tbk Cyclically Adjusted Book per Share Related Terms


PT Sejahteraraya Anugrahjaya Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Sejahteraraya Anugrahjaya 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 Sejahteraraya Anugrahjaya Tbk Cyclically Adjusted Book per Share Chart

PT Sejahteraraya Anugrahjaya 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 159.87 170.04 171.08 169.48 168.86

PT Sejahteraraya Anugrahjaya 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 168.70 168.93 168.35 168.86 168.99

ISX:SRAJ vs HCA, THC, DVA: Cyclically Adjusted Book per Share Comparison

For the Medical Care Facilities subindustry, PT Sejahteraraya Anugrahjaya 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 Sejahteraraya Anugrahjaya Tbk Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, PT Sejahteraraya Anugrahjaya Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:SRAJ
63GF Score
PT Sejahteraraya Anugrahjaya Tbk ISX:SRAJ
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Sejahteraraya Anugrahjaya 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 Sejahteraraya Anugrahjaya 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)
=101.589/136.5387*136.5387
=101.589

Current CPI (Mar. 2026) = 136.5387.

PT Sejahteraraya Anugrahjaya Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 115.412 103.212 152.678
201609 110.325 104.142 144.645
201612 157.765 105.222 204.720
201703 155.546 106.476 199.463
201706 153.951 107.722 195.135
201709 153.465 108.020 193.981
201712 148.721 109.017 186.266
201803 146.539 110.097 181.734
201806 156.921 111.085 192.878
201809 156.089 111.135 191.769
201812 153.467 112.430 186.376
201903 153.845 112.829 186.175
201906 153.242 114.730 182.371
201909 153.769 114.905 182.720
201912 147.967 115.486 174.941
202003 147.163 116.252 172.843
202006 142.837 116.630 167.220
202009 143.376 116.397 168.187
202012 146.154 117.318 170.099
202103 152.447 117.840 176.637
202106 159.912 118.184 184.747
202109 165.484 118.262 191.059
202112 160.517 119.516 183.379
202203 161.293 120.948 182.084
202206 158.555 123.322 175.547
202209 157.520 125.298 171.651
202212 157.817 126.098 170.884
202303 156.662 126.953 168.492
202306 154.320 127.663 165.049
202309 154.515 128.151 164.628
202312 154.662 129.395 163.201
202403 155.058 130.607 162.100
202406 155.466 130.792 162.297
202409 155.047 130.361 162.395
202412 152.512 131.432 158.438
202503 123.260 131.948 127.548
202506 120.107 133.241 123.080
202509 118.228 133.819 120.631
202512 108.881 135.271 109.901
202603 101.589 136.539 101.589

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 Rp168.99 mean?
PT Sejahteraraya Anugrahjaya Tbk (ISX:SRAJ) has a Cyclically Adjusted Book per Share of Rp168.99 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 Sejahteraraya Anugrahjaya Tbk and its competitors.
Is PT Sejahteraraya Anugrahjaya Tbk's Cyclically Adjusted Book per Share too high?
PT Sejahteraraya Anugrahjaya Tbk's current Cyclically Adjusted Book per Share is Rp168.99. Overall, PT Sejahteraraya Anugrahjaya Tbk has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Sejahteraraya Anugrahjaya Tbk's Cyclically Adjusted Book per Share compare to HCA and THC?
PT Sejahteraraya Anugrahjaya Tbk's Cyclically Adjusted Book per Share of Rp168.99 can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Cyclically Adjusted Book per Share depends on the Healthcare Providers & Services 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 Sejahteraraya Anugrahjaya Tbk and its competitors. PT Sejahteraraya Anugrahjaya Tbk's current Cyclically Adjusted Book per Share is Rp168.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Sejahteraraya Anugrahjaya Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Sejahteraraya Anugrahjaya Tbk (ISX:SRAJ) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp2,684.15, compared to a current price of Rp11,000.00 — trading 309.8% above its estimated fair value. The current Cyclically Adjusted Book per Share is Rp168.99. PT Sejahteraraya Anugrahjaya Tbk's overall GF Score™ is 63/100 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 Sejahteraraya Anugrahjaya Tbk (ISX:SRAJ), the current Cyclically Adjusted Book per Share is Rp168.99 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 Sejahteraraya Anugrahjaya Tbk (ISX:SRAJ) Overvalued in 2026?

Based on GuruFocus' analysis, PT Sejahteraraya Anugrahjaya Tbk stock appears to be overvalued. The current stock price of Rp11,000.00 is trading 309.8% above its estimated GF Value™ of Rp2,684.15. GuruFocus considers PT Sejahteraraya Anugrahjaya Tbk to be Significantly Overvalued.

Key valuation signals for ISX:SRAJ:

  • Cyclically Adjusted Book per Share: Rp168.99
  • GF Value™: Rp2,684.15 vs. price of Rp11,000.00 (309.8% above fair value)
  • GF Score™: 63/100 with 1 warning sign

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


PT Sejahteraraya Anugrahjaya Tbk Business Description

Address Jalan Honoris Raya Kav. 6, Kota Modern (Modernland), Kelapa Indah, Banten, Tangerang, IDN, 15117
PT Sejahteraraya Anugrahjaya Tbk operates hospitals and offers health care services. The company provides healthcare services encompassing medical services, supporting medical services, outpatient care, inpatient care, and emergency services. In addition, the company also delivers hospital management and operational services. It classifies its revenues into two main business activities, namely inpatient services and outpatient services. The majority of revenue is derived from the inpatient services business. The company is divided into four geographical areas: namely DKI Jakarta, Banten, West Java, and East Java.
63GF Score

Get the complete analysis for ISX:SRAJ

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

Rp11,000.00
Price
Rp2,684.15
GF Value