PT Bank of India Indonesia Tbk (ISX:BSWD) Cyclically Adjusted FCF per Share: Rp-184.17 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
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ISX:BSWD PT Bank of India Indonesia Tbk ISX:BSWD
63 GF Score
Price Rp1,250.00
GF Value Rp1,453.85
Valuation Modestly Undervalued
! 5 Warning Signs
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What is PT Bank of India Indonesia Tbk Cyclically Adjusted FCF per Share?

PT Bank of India Indonesia Tbk ISX:BSWD 63 Cyclically Adjusted FCF per Share is Rp-184.17 as of Mar. 2026. GuruFocus rates ISX:BSWD with a GF Score™ of 63/100 and a GF Value™ of Rp1,453.85 (Modestly Undervalued). The stock has 5 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 FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

PT Bank of India Indonesia Tbk's adjusted free cash flow per share for the three months ended in Mar. 2026 was Rp-29.893. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is Rp-184.17 for the trailing ten years ended in Mar. 2026.

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 FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2026-07-17), PT Bank of India Indonesia Tbk's current stock price is Rp1250.00. PT Bank of India Indonesia Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was Rp-184.17. PT Bank of India Indonesia Tbk's Cyclically Adjusted Price-to-FCF of today is .


PT Bank of India Indonesia Tbk  (ISX:BSWD) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF 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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


PT Bank of India Indonesia Tbk Cyclically Adjusted FCF per Share Related Terms


PT Bank of India Indonesia Tbk Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for PT Bank of India Indonesia Tbk's Cyclically Adjusted FCF 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 Bank of India Indonesia Tbk Cyclically Adjusted FCF per Share Chart

PT Bank of India Indonesia Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 -208.77 -184.47 -183.08

PT Bank of India Indonesia 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 FCF 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 -169.77 -226.06 -199.69 -183.08 -184.17

PT Bank of India Indonesia Tbk Cyclically Adjusted FCF per Share Competitor Comparison

For the Banks - Regional subindustry, PT Bank of India Indonesia Tbk's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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 Bank of India Indonesia Tbk Cyclically Adjusted Price-to-FCF vs Banks Industry

For the Banks industry and Financial Services sector, PT Bank of India Indonesia Tbk's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where PT Bank of India Indonesia Tbk's Cyclically Adjusted Price-to-FCF falls into.


ISX:BSWD
63GF Score
PT Bank of India Indonesia Tbk ISX:BSWD
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Bank of India Indonesia Tbk Cyclically Adjusted FCF 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 FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow 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 FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF 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 Bank of India Indonesia Tbk's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-29.893/136.5387*136.5387
=-29.893

Current CPI (Mar. 2026) = 136.5387.

PT Bank of India Indonesia Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -191.466 103.212 -253.289
201609 -364.786 104.142 -478.263
201612 -67.458 105.222 -87.535
201703 -81.653 106.476 -104.707
201706 -232.741 107.722 -295.003
201709 73.586 108.020 93.013
201712 -2.440 109.017 -3.056
201803 16.614 110.097 20.604
201806 -76.993 111.085 -94.635
201809 -5.360 111.135 -6.585
201812 -332.544 112.430 -403.853
201903 44.065 112.829 53.325
201906 -23.506 114.730 -27.974
201909 234.103 114.905 278.180
201912 -40.008 115.486 -47.301
202003 27.650 116.252 32.475
202006 -87.125 116.630 -101.997
202009 41.004 116.397 48.100
202012 -35.084 117.318 -40.832
202103 -104.725 117.840 -121.343
202106 73.032 118.184 84.374
202109 -109.061 118.262 -125.916
202112 25.349 119.516 28.959
202203 -13.693 120.948 -15.458
202206 77.844 123.322 86.186
202209 -18.141 125.298 -19.768
202212 -129.620 126.098 -140.353
202303 -27.324 126.953 -29.387
202306 -67.646 127.663 -72.349
202309 -201.236 128.151 -214.407
202312 2.801 129.395 2.956
202403 11.954 130.607 12.497
202406 167.022 130.792 174.361
202409 -88.452 130.361 -92.644
202412 -26.873 131.432 -27.917
202503 -55.368 131.948 -57.294
202506 45.350 133.241 46.473
202509 72.768 133.819 74.247
202512 14.172 135.271 14.305
202603 -29.893 136.539 -29.893

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of Rp-184.17 mean?
PT Bank of India Indonesia Tbk (ISX:BSWD) has a Cyclically Adjusted FCF per Share of Rp-184.17 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on PT Bank of India Indonesia Tbk and its competitors.
Is PT Bank of India Indonesia Tbk's Cyclically Adjusted FCF per Share too high?
PT Bank of India Indonesia Tbk's current Cyclically Adjusted FCF per Share is Rp-184.17. Overall, PT Bank of India Indonesia Tbk has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Bank of India Indonesia Tbk's Cyclically Adjusted FCF per Share compare to competitors?
PT Bank of India Indonesia Tbk's Cyclically Adjusted FCF per Share of Rp-184.17 can be compared against companies in the Banks 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 FCF per Share for a Banks company?
A good Cyclically Adjusted FCF per Share depends on the Banks industry context. However, Cyclically Adjusted FCF 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 FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on PT Bank of India Indonesia Tbk and its competitors. PT Bank of India Indonesia Tbk's current Cyclically Adjusted FCF per Share is Rp-184.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bank of India Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bank of India Indonesia Tbk (ISX:BSWD) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp1,453.85, compared to a current price of Rp1,250.00 — trading 14% below its estimated fair value. The current Cyclically Adjusted FCF per Share is Rp-184.17. PT Bank of India Indonesia Tbk's overall GF Score™ is 63/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For PT Bank of India Indonesia Tbk (ISX:BSWD), the current Cyclically Adjusted FCF per Share is Rp-184.17 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 Bank of India Indonesia Tbk (ISX:BSWD) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bank of India Indonesia Tbk stock appears to be undervalued. The current stock price of Rp1,250.00 is trading 14% below its estimated GF Value™ of Rp1,453.85. GuruFocus considers PT Bank of India Indonesia Tbk to be Modestly Undervalued.

Key valuation signals for ISX:BSWD:

  • Cyclically Adjusted FCF per Share: Rp-184.17
  • GF Value™: Rp1,453.85 vs. price of Rp1,250.00 (14% below fair value)
  • GF Score™: 63/100 with 5 warning signs

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


PT Bank of India Indonesia Tbk Business Description

Address Jalan K.H. Samanhudi, No. 37, Jakarta, IDN, 10710
PT Bank of India Indonesia Tbk is a commercial bank. The bank provides personal and commercial banking services consisting of funding and lending products, Working Capital Financing, Investment loan, Export / Import Financing. It offers general banking services like collecting deposits, granting loans and advances, international trading, international fund transfer, banknotes, letter of credit, foreign exchange transactions. The Bank operates in two main areas: Special District of Jakarta (DKI Jakarta) and outside DKI Jakarta.
63GF Score

Get the complete analysis for ISX:BSWD

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

Rp1,250.00
Price
Rp1,453.85
GF Value