PT Indofood Sukses Makmur Tbk (STU:ISM) Cyclically Adjusted Book per Share: €0.29 (As of Mar. 2026)


STU:ISM PT Indofood Sukses Makmur Tbk STU:ISM
70 GF Score
Price €0.32
GF Value €0.35
Valuation Modestly Undervalued
! 3 Warning Signs
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What is PT Indofood Sukses Makmur Tbk Cyclically Adjusted Book per Share?

PT Indofood Sukses Makmur Tbk STU:ISM -0.62% 70 Cyclically Adjusted Book per Share is €0.29 as of Mar. 2026. GuruFocus rates STU:ISM with a GF Score™ of 70/100 and a GF Value™ of €0.35 (Modestly Undervalued). The stock has 3 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 Indofood Sukses Makmur Tbk's adjusted book value per share for the three months ended in Mar. 2026 was €0.450. 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 €0.29 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Indofood Sukses Makmur Tbk's average Cyclically Adjusted Book Growth Rate was 11.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.70% 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 Indofood Sukses Makmur Tbk was 11.10% per year. The lowest was 7.80% per year. And the median was 9.50% per year.

As of today (2026-07-04), PT Indofood Sukses Makmur Tbk's current stock price is €0.318. PT Indofood Sukses Makmur Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.29. PT Indofood Sukses Makmur Tbk's Cyclically Adjusted PB Ratio of today is 1.10.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Indofood Sukses Makmur Tbk was 3.87. The lowest was 1.01. And the median was 1.69.


PT Indofood Sukses Makmur Tbk  (STU:ISM) 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 Indofood Sukses Makmur Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.318/0.29
=1.10

* 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 Indofood Sukses Makmur Tbk was 3.87. The lowest was 1.01. And the median was 1.69.


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 Indofood Sukses Makmur Tbk Cyclically Adjusted Book per Share Related Terms


PT Indofood Sukses Makmur Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Indofood Sukses Makmur 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 Indofood Sukses Makmur Tbk Cyclically Adjusted Book per Share Chart

PT Indofood Sukses Makmur 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 0.22 0.24 0.26 0.29 0.27

PT Indofood Sukses Makmur 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 0.24 0.26 0.26 0.27 0.29

STU:ISM vs KHC, GIS: Cyclically Adjusted Book per Share Comparison

For the Packaged Foods subindustry, PT Indofood Sukses Makmur 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 Indofood Sukses Makmur Tbk Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Indofood Sukses Makmur Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Indofood Sukses Makmur Tbk's Cyclically Adjusted PB Ratio falls into.


STU:ISM
70GF Score
PT Indofood Sukses Makmur Tbk STU:ISM
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Indofood Sukses Makmur 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 Indofood Sukses Makmur 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)
=0.45/136.5387*136.5387
=0.450

Current CPI (Mar. 2026) = 136.5387.

PT Indofood Sukses Makmur Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.211 103.212 0.279
201609 0.222 104.142 0.291
201612 0.234 105.222 0.304
201703 0.242 106.476 0.310
201706 0.226 107.722 0.286
201709 0.221 108.020 0.279
201712 0.222 109.017 0.278
201803 0.217 110.097 0.269
201806 0.218 111.085 0.268
201809 0.213 111.135 0.262
201812 0.232 112.430 0.282
201903 0.250 112.829 0.303
201906 0.247 114.730 0.294
201909 0.266 114.905 0.316
201912 0.276 115.486 0.326
202003 0.269 116.252 0.316
202006 0.289 116.630 0.338
202009 0.258 116.397 0.303
202012 0.280 117.318 0.326
202103 0.296 117.840 0.343
202106 0.302 118.184 0.349
202109 0.308 118.262 0.356
202112 0.341 119.516 0.390
202203 0.374 120.948 0.422
202206 0.379 123.322 0.420
202209 0.397 125.298 0.433
202212 0.371 126.098 0.402
202303 0.396 126.953 0.426
202306 0.399 127.663 0.427
202309 0.406 128.151 0.433
202312 0.398 129.395 0.420
202403 0.413 130.607 0.432
202406 0.395 130.792 0.412
202409 0.435 130.361 0.456
202412 0.442 131.432 0.459
202503 0.433 131.948 0.448
202506 0.411 133.241 0.421
202509 0.413 133.819 0.421
202512 0.426 135.271 0.430
202603 0.450 136.539 0.450

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 €0.29 mean?
PT Indofood Sukses Makmur Tbk (STU:ISM) has a Cyclically Adjusted Book per Share of €0.29 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 Indofood Sukses Makmur Tbk and its competitors.
Is PT Indofood Sukses Makmur Tbk's Cyclically Adjusted Book per Share too high?
PT Indofood Sukses Makmur Tbk's current Cyclically Adjusted Book per Share is €0.29. Overall, PT Indofood Sukses Makmur Tbk has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Indofood Sukses Makmur Tbk's Cyclically Adjusted Book per Share compare to KHC and GIS?
PT Indofood Sukses Makmur Tbk's Cyclically Adjusted Book per Share of €0.29 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted Book per Share depends on the Consumer Packaged Goods 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 Indofood Sukses Makmur Tbk and its competitors. PT Indofood Sukses Makmur Tbk's current Cyclically Adjusted Book per Share is €0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indofood Sukses Makmur Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indofood Sukses Makmur Tbk (STU:ISM) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.35, compared to a current price of €0.32 — trading 9.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is €0.29. PT Indofood Sukses Makmur Tbk's overall GF Score™ is 70/100 with 3 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 Indofood Sukses Makmur Tbk (STU:ISM), the current Cyclically Adjusted Book per Share is €0.29 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 Indofood Sukses Makmur Tbk (STU:ISM) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indofood Sukses Makmur Tbk stock appears to be undervalued. The current stock price of €0.32 is trading 9.1% below its estimated GF Value™ of €0.35. GuruFocus considers PT Indofood Sukses Makmur Tbk to be Modestly Undervalued.

Key valuation signals for STU:ISM:

  • Cyclically Adjusted Book per Share: €0.29
  • GF Value™: €0.35 vs. price of €0.32 (9.1% below fair value)
  • GF Score™: 70/100 with 3 warning signs

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


PT Indofood Sukses Makmur Tbk Business Description

Address Jalan Jend. Sudirman Kav 76-78, Sudirman Plaza, Indofood Tower, 27th Floor, Jakarta, IDN, 12910
PT Indofood Sukses Makmur Tbk is a packaged food company with a diversified portfolio in both raw materials and processed food. It divides operations into the Consumer Branded Products Business Group, Bogasari Business Group, Agribusiness Group, and Distribution Business Group. The Consumer Branded Products Business Group, which generates maximum revenue, produces a varied range of consumer-branded products such as noodles, dairy, snack foods, special foods, food seasonings, and beverages. The Bogasari unit mainly produces wheat flour as well as pasta; and the Agribusiness unit is involved in seed breeding, oil palm cultivation and milling, and the production and marketing of branded cooking oils, margarine, and shortening. Geographically, the Group generates key revenue from Indonesia.
70GF Score

Get the complete analysis for STU:ISM

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

€0.32
Price
€0.35
GF Value