PTKFF (PT Kalbe Farma Tbk) Cyclically Adjusted Book per Share: $0.03 (As of Mar. 2026)


PTKFF PT Kalbe Farma Tbk PTKFF
76 GF Score
Price $0.04
GF Value $0.09
Valuation Significantly Undervalued
! 2 Warning Signs
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What is PT Kalbe Farma Tbk Cyclically Adjusted Book per Share?

PT Kalbe Farma Tbk PTKFF 76 Cyclically Adjusted Book per Share is $0.03 as of Mar. 2026. GuruFocus rates PTKFF with a GF Score™ of 76/100 and a GF Value™ of $0.09 (Significantly Undervalued). 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 Kalbe Farma Tbk's adjusted book value per share for the three months ended in Mar. 2026 was $0.032. 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 $0.03 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Kalbe Farma Tbk's average Cyclically Adjusted Book Growth Rate was 9.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.40% 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 Kalbe Farma Tbk was 10.50% per year. The lowest was 8.60% per year. And the median was 9.95% per year.

As of today (2026-07-04), PT Kalbe Farma Tbk's current stock price is $0.04025. PT Kalbe Farma Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.03. PT Kalbe Farma Tbk's Cyclically Adjusted PB Ratio of today is 1.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Kalbe Farma Tbk was 7.34. The lowest was 1.61. And the median was 5.24.


PT Kalbe Farma Tbk  (OTCPK:PTKFF) 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 Kalbe Farma Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.04025/0.03
=1.34

* 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 Kalbe Farma Tbk was 7.34. The lowest was 1.61. And the median was 5.24.


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 Kalbe Farma Tbk Cyclically Adjusted Book per Share Related Terms


PT Kalbe Farma Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Kalbe Farma 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 Kalbe Farma Tbk Cyclically Adjusted Book per Share Chart

PT Kalbe Farma 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 0.02 0.03 0.02 0.03 0.03

PT Kalbe Farma 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 0.03 0.03

PTKFF vs LLY, JNJ, ABBV: Cyclically Adjusted Book per Share Comparison

For the Drug Manufacturers - General subindustry, PT Kalbe Farma 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 Kalbe Farma Tbk Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, PT Kalbe Farma Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


PTKFF
76GF Score
PT Kalbe Farma Tbk PTKFF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Kalbe Farma 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 Kalbe Farma 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)
=0.032/136.5387*136.5387
=0.032

Current CPI (Mar. 2026) = 136.5387.

PT Kalbe Farma Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.017 103.212 0.022
201609 0.018 104.142 0.024
201612 0.019 105.222 0.025
201703 0.020 106.476 0.026
201706 0.019 107.722 0.024
201709 0.020 108.020 0.025
201712 0.021 109.017 0.026
201803 0.022 110.097 0.027
201806 0.020 111.085 0.025
201809 0.020 111.135 0.025
201812 0.022 112.430 0.027
201903 0.023 112.829 0.028
201906 0.022 114.730 0.026
201909 0.023 114.905 0.027
201912 0.024 115.486 0.028
202003 0.023 116.252 0.027
202006 0.025 116.630 0.029
202009 0.025 116.397 0.029
202012 0.026 117.318 0.030
202103 0.027 117.840 0.031
202106 0.027 118.184 0.031
202109 0.028 118.262 0.032
202112 0.029 119.516 0.033
202203 0.030 120.948 0.034
202206 0.028 123.322 0.031
202209 0.028 125.298 0.031
202212 0.028 126.098 0.030
202303 0.030 126.953 0.032
202306 0.029 127.663 0.031
202309 0.029 128.151 0.031
202312 0.030 129.395 0.032
202403 0.031 130.607 0.032
202406 0.029 130.792 0.030
202409 0.031 130.361 0.032
202412 0.031 131.432 0.032
202503 0.031 131.948 0.032
202506 0.030 133.241 0.031
202509 0.031 133.819 0.032
202512 0.031 135.271 0.031
202603 0.032 136.539 0.032

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 $0.03 mean?
PT Kalbe Farma Tbk (PTKFF) has a Cyclically Adjusted Book per Share of $0.03 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 Kalbe Farma Tbk and its competitors.
Is PT Kalbe Farma Tbk's Cyclically Adjusted Book per Share too high?
PT Kalbe Farma Tbk's current Cyclically Adjusted Book per Share is $0.03. Overall, PT Kalbe Farma Tbk has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Kalbe Farma Tbk's Cyclically Adjusted Book per Share compare to LLY and JNJ?
PT Kalbe Farma Tbk's Cyclically Adjusted Book per Share of $0.03 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Cyclically Adjusted Book per Share depends on the Drug Manufacturers 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 Kalbe Farma Tbk and its competitors. PT Kalbe Farma Tbk's current Cyclically Adjusted Book per Share is $0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Kalbe Farma Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Kalbe Farma Tbk (PTKFF) is currently considered Significantly Undervalued. The stock's GF Value™ is $0.09, compared to a current price of $0.04 — trading 55.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is $0.03. PT Kalbe Farma Tbk's overall GF Score™ is 76/100 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 Kalbe Farma Tbk (PTKFF), the current Cyclically Adjusted Book per Share is $0.03 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 Kalbe Farma Tbk (PTKFF) Overvalued in 2026?

Based on GuruFocus' analysis, PT Kalbe Farma Tbk stock appears to be undervalued. The current stock price of $0.04 is trading 55.3% below its estimated GF Value™ of $0.09. GuruFocus considers PT Kalbe Farma Tbk to be Significantly Undervalued.

Key valuation signals for PTKFF:

  • Cyclically Adjusted Book per Share: $0.03
  • GF Value™: $0.09 vs. price of $0.04 (55.3% below fair value)
  • GF Score™: 76/100 with 2 warning signs

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


PT Kalbe Farma Tbk Business Description

Address Jalan Let. Jend. Suprapto Kav. 4, Gedung KALBE, Cempaka Putih, P.O. Box 3105, Jakarta, IDN, 10510
PT Kalbe Farma Tbk is engaged in the development, manufacturing, and trading of pharmaceutical products, including human medicines and consumer health products. The company operates four segments: prescription pharmaceuticals, consumer health, Nutritionals, and distribution and logistics. The majority of the company's revenue is derived from the distribution and logistics segments. Its Product and Services are Prescription /Ethicals, Consumer Health, Nutritionals, Distribution & Logistics, Health Services, Medical Devices, and Others.
76GF Score

Get the complete analysis for PTKFF

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

$0.04
Price
$0.09
GF Value