PMCGF (PT Merdeka Copper Gold Tbk) Cyclically Adjusted Book per Share: $0.01 (As of Mar. 2026)

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PMCGF PT Merdeka Copper Gold Tbk PMCGF
93 GF Score
Price $0.10
GF Value $0.12
! 6 Warning Signs
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What is PT Merdeka Copper Gold Tbk Cyclically Adjusted Book per Share?

PT Merdeka Copper Gold Tbk PMCGF 93 Cyclically Adjusted Book per Share is $0.01 as of Mar. 2026. GuruFocus rates PMCGF with a GF Score™ of 93/100 and a GF Value™ of $0.12. The stock has 6 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 Merdeka Copper Gold Tbk's adjusted book value per share for the three months ended in Mar. 2026 was $0.035. 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 $0.01 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Merdeka Copper Gold Tbk's average Cyclically Adjusted Book Growth Rate was 14.60% 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 (2026-07-24), PT Merdeka Copper Gold Tbk's current stock price is $0.10. PT Merdeka Copper Gold Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.01. PT Merdeka Copper Gold Tbk's Cyclically Adjusted PB Ratio of today is 10.00.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of PT Merdeka Copper Gold Tbk was 8.74. The lowest was 3.37. And the median was 5.83.


PT Merdeka Copper Gold Tbk  (OTCPK:PMCGF) 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 Merdeka Copper Gold Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.10/0.01
=10.00

* 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 12 years, the highest Cyclically Adjusted PB Ratio of PT Merdeka Copper Gold Tbk was 8.74. The lowest was 3.37. And the median was 5.83.


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 Merdeka Copper Gold Tbk Cyclically Adjusted Book per Share Related Terms


PT Merdeka Copper Gold Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Merdeka Copper Gold 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 Merdeka Copper Gold Tbk Cyclically Adjusted Book per Share Chart

PT Merdeka Copper Gold 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 0.02 0.02

PT Merdeka Copper Gold 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 0.03 0.02 0.02 0.02 0.01

PT Merdeka Copper Gold Tbk Cyclically Adjusted Book per Share Competitor Comparison

For the Other Industrial Metals & Mining subindustry, PT Merdeka Copper Gold 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 Merdeka Copper Gold Tbk Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Merdeka Copper Gold Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Merdeka Copper Gold Tbk's Cyclically Adjusted PB Ratio falls into.


PMCGF
93GF Score
PT Merdeka Copper Gold Tbk PMCGF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Merdeka Copper Gold 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 Merdeka Copper Gold 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)
=0.035/136.5387*136.5387
=0.035

Current CPI (Mar. 2026) = 136.5387.

PT Merdeka Copper Gold Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.008 103.212 0.011
201609 0.008 104.142 0.010
201612 0.008 105.222 0.010
201703 0.008 106.476 0.010
201706 0.008 107.722 0.010
201709 0.009 108.020 0.011
201712 0.010 109.017 0.013
201803 0.011 110.097 0.014
201806 0.013 111.085 0.016
201809 0.017 111.135 0.021
201812 0.017 112.430 0.021
201903 0.018 112.829 0.022
201906 0.019 114.730 0.023
201909 0.021 114.905 0.025
201912 0.022 115.486 0.026
202003 0.022 116.252 0.026
202006 0.023 116.630 0.027
202009 0.024 116.397 0.028
202012 0.024 117.318 0.028
202103 0.030 117.840 0.035
202106 0.031 118.184 0.036
202109 0.033 118.262 0.038
202112 0.032 119.516 0.037
202203 0.034 120.948 0.038
202206 0.043 123.322 0.048
202209 0.042 125.298 0.046
202212 0.042 126.098 0.045
202303 0.042 126.953 0.045
202306 0.038 127.663 0.041
202309 0.039 128.151 0.042
202312 0.039 129.395 0.041
202403 0.039 130.607 0.041
202406 0.040 130.792 0.042
202409 0.037 130.361 0.039
202412 0.038 131.432 0.039
202503 0.037 131.948 0.038
202506 0.037 133.241 0.038
202509 0.035 133.819 0.036
202512 0.032 135.271 0.032
202603 0.035 136.539 0.035

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 $0.01 mean?
PT Merdeka Copper Gold Tbk (PMCGF) has a Cyclically Adjusted Book per Share of $0.01 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 Merdeka Copper Gold Tbk and its competitors.
Is PT Merdeka Copper Gold Tbk's Cyclically Adjusted Book per Share too high?
PT Merdeka Copper Gold Tbk's current Cyclically Adjusted Book per Share is $0.01. Overall, PT Merdeka Copper Gold Tbk has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does PT Merdeka Copper Gold Tbk's Cyclically Adjusted Book per Share compare to competitors?
PT Merdeka Copper Gold Tbk's Cyclically Adjusted Book per Share of $0.01 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Cyclically Adjusted Book per Share depends on the Metals & Mining 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 Merdeka Copper Gold Tbk and its competitors. PT Merdeka Copper Gold Tbk's current Cyclically Adjusted Book per Share is $0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Merdeka Copper Gold Tbk stock overvalued right now?
PT Merdeka Copper Gold Tbk (PMCGF) has a current Cyclically Adjusted Book per Share of $0.01. The stock's GF Value™ is $0.12, compared to a current price of $0.10 — trading 16.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is $0.01. PT Merdeka Copper Gold Tbk's overall GF Score™ is 93/100 with 6 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 Merdeka Copper Gold Tbk (PMCGF), the current Cyclically Adjusted Book per Share is $0.01 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 Merdeka Copper Gold Tbk (PMCGF) Overvalued in 2026?

Based on GuruFocus' analysis, PT Merdeka Copper Gold Tbk stock appears to be undervalued. The current stock price of $0.10 is trading 16.7% below its estimated GF Value™ of $0.12.

Key valuation signals for PMCGF:

  • Cyclically Adjusted Book per Share: $0.01
  • GF Value™: $0.12 vs. price of $0.10 (16.7% below fair value)
  • GF Score™: 93/100 with 6 warning signs

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


PT Merdeka Copper Gold Tbk Business Description

Other Exchanges MDKA:IndonesiaB0C:Germany
Address Jalan Jenderal Sudirman Kav. 52-53, Treasury Tower, 67th-68th Floor, District 8 SCBD Lot. 28, Senayan, Kebayoran Baru, South Jakarta, Jakarta, IDN, 12190
PT Merdeka Copper Gold Tbk is a holding company. Along with its subsidiary, the company engages in the field of mining and other management consultancy activities. The company's gold projects consist of the Tujuh Bukit Gold Mine and the Pani Gold Project. The copper projects include Wetar Copper Mine and Tujuh Bukit Copper Project. The Nickel project comprises SCM Mine, RKEF Smelters, Nickel Matte Converter, AIM Project, HPAL Facilities, and IKIP. The majority of the company's revenue is generated by the Nickel segment.
93GF Score

Get the complete analysis for PMCGF

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

$0.10
Price
$0.12
GF Value