PT PP Properti Tbk (ISX:PPRO) Cyclically Adjusted FCF per Share: Rp-10.97 (As of Mar. 2026)


ISX:PPRO PT PP Properti Tbk ISX:PPRO
57 GF Score
Price Rp18.00
GF Value Rp15.67
Valuation Modestly Overvalued
! 5 Warning Signs
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What is PT PP Properti Tbk Cyclically Adjusted FCF per Share?

PT PP Properti Tbk ISX:PPRO -5.26% 57 Cyclically Adjusted FCF per Share is Rp-10.97 as of Mar. 2026. GuruFocus rates ISX:PPRO with a GF Score™ of 57/100 and a GF Value™ of Rp15.67 (Modestly Overvalued). 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 PP Properti Tbk's adjusted free cash flow per share for the three months ended in Mar. 2026 was Rp0.173. 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-10.97 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 (2026-07-09), PT PP Properti Tbk's current stock price is Rp18.00. PT PP Properti Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was Rp-10.97. PT PP Properti Tbk's Cyclically Adjusted Price-to-FCF of today is .


PT PP Properti Tbk  (ISX:PPRO) 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 PP Properti Tbk Cyclically Adjusted FCF per Share Related Terms


PT PP Properti Tbk Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for PT PP Properti 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 PP Properti Tbk Cyclically Adjusted FCF per Share Chart

PT PP Properti 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 0.00 -11.89 -11.79

PT PP Properti 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 -11.95 -11.86 -11.68 -11.79 -10.97

PT PP Properti Tbk Cyclically Adjusted FCF per Share Competitor Comparison

For the Real Estate - Development subindustry, PT PP Properti 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 PP Properti Tbk Cyclically Adjusted Price-to-FCF vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT PP Properti Tbk's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where PT PP Properti Tbk's Cyclically Adjusted Price-to-FCF falls into.


ISX:PPRO
57GF Score
PT PP Properti Tbk ISX:PPRO
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT PP Properti 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 PP Properti 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)
=0.173/136.5387*136.5387
=0.173

Current CPI (Mar. 2026) = 136.5387.

PT PP Properti Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.000 103.212 0.000
201609 -8.090 104.142 -10.607
201612 3.349 105.222 4.346
201703 -33.176 106.476 -42.543
201706 -3.932 107.722 -4.984
201709 -4.401 108.020 -5.563
201712 11.772 109.017 14.744
201803 -2.716 110.097 -3.368
201806 -9.076 111.085 -11.156
201809 9.006 111.135 11.065
201812 0.275 112.430 0.334
201903 -15.588 112.829 -18.864
201906 3.868 114.730 4.603
201909 -6.612 114.905 -7.857
201912 8.022 115.486 9.484
202003 -5.015 116.252 -5.890
202006 -2.004 116.630 -2.346
202009 -1.624 116.397 -1.905
202012 -3.970 117.318 -4.620
202103 -1.672 117.840 -1.937
202106 -3.196 118.184 -3.692
202109 1.608 118.262 1.857
202112 -1.128 119.516 -1.289
202203 -4.413 120.948 -4.982
202206 -5.408 123.322 -5.988
202209 0.000 125.298 0.000
202212 4.670 126.098 5.057
202303 -3.043 126.953 -3.273
202306 1.882 127.663 2.013
202309 -2.902 128.151 -3.092
202312 0.992 129.395 1.047
202403 -6.818 130.607 -7.128
202406 -2.433 130.792 -2.540
202409 2.474 130.361 2.591
202412 -7.563 131.432 -7.857
202503 -0.296 131.948 -0.306
202506 0.019 133.241 0.019
202509 0.083 133.819 0.085
202512 0.154 135.271 0.155
202603 0.173 136.539 0.173

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-10.97 mean?
PT PP Properti Tbk (ISX:PPRO) has a Cyclically Adjusted FCF per Share of Rp-10.97 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 PP Properti Tbk and its competitors.
Is PT PP Properti Tbk's Cyclically Adjusted FCF per Share too high?
PT PP Properti Tbk's current Cyclically Adjusted FCF per Share is Rp-10.97. Overall, PT PP Properti Tbk has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT PP Properti Tbk's Cyclically Adjusted FCF per Share compare to competitors?
PT PP Properti Tbk's Cyclically Adjusted FCF per Share of Rp-10.97 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted FCF per Share depends on the Real Estate 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 PP Properti Tbk and its competitors. PT PP Properti Tbk's current Cyclically Adjusted FCF per Share is Rp-10.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT PP Properti Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT PP Properti Tbk (ISX:PPRO) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp15.67, compared to a current price of Rp18.00 — trading 14.9% above its estimated fair value. The current Cyclically Adjusted FCF per Share is Rp-10.97. PT PP Properti Tbk's overall GF Score™ is 57/100 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 PP Properti Tbk (ISX:PPRO), the current Cyclically Adjusted FCF per Share is Rp-10.97 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 PP Properti Tbk (ISX:PPRO) Overvalued in 2026?

Based on GuruFocus' analysis, PT PP Properti Tbk stock appears to be overvalued. The current stock price of Rp18.00 is trading 14.9% above its estimated GF Value™ of Rp15.67. GuruFocus considers PT PP Properti Tbk to be Modestly Overvalued.

Key valuation signals for ISX:PPRO:

  • Cyclically Adjusted FCF per Share: Rp-10.97
  • GF Value™: Rp15.67 vs. price of Rp18.00 (14.9% above fair value)
  • GF Score™: 57/100 with 5 warning signs

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


PT PP Properti Tbk Business Description

Address Jl. Letjend. TB. Simatupang No. 57, Plaza PP Lantai, Floor 7, Pasar Rebo, Jakarta Timur, Jakarta, IDN, 13760
PT PP Properti Tbk is engaged in real estate sector. The company operates a diversified business portfolio centered on two main pillars: Construction Services and Investment. In the Construction Services segment, it possesses comprehensive capabilities encompassing General Contracting services (Buildings, Civil, and EPC), supported by a Specialized Contracting business line covering specialized works, plant management, and equipment supply. Meanwhile, in the Investment segment, it strategically develops its business portfolio through the Infrastructure, Energy, and Property sectors, as part of efforts to create sustainable added value and strengthen the Company's business fundamentals in the long term.
57GF Score

Get the complete analysis for ISX:PPRO

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

Rp18.00
Price
Rp15.67
GF Value