PT Bank Rakyat Indonesia (Persero) Tbk (FRA:BYRA) E10: €0.02 (As of Mar. 2026)


FRA:BYRA PT Bank Rakyat Indonesia (Persero) Tbk FRA:BYRA
70 GF Score
Price €0.16
GF Value €0.28
Valuation Significantly Undervalued
! 4 Warning Signs
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What is PT Bank Rakyat Indonesia (Persero) Tbk E10?

PT Bank Rakyat Indonesia (Persero) Tbk FRA:BYRA +17.04% 70 E10 is €0.02 as of Mar. 2026. GuruFocus rates FRA:BYRA with a GF Score™ of 70/100 and a GF Value™ of €0.28 (Significantly Undervalued). The stock has 4 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

PT Bank Rakyat Indonesia (Persero) Tbk's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.005. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.02 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Bank Rakyat Indonesia (Persero) Tbk's average E10 Growth Rate was 7.90% per year. During the past 3 years, the average E10 Growth Rate was 7.60% per year. During the past 5 years, the average E10 Growth Rate was 8.10% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of PT Bank Rakyat Indonesia (Persero) Tbk was 9.00% per year. The lowest was 3.60% per year. And the median was 7.60% per year.

As of today (2026-06-29), PT Bank Rakyat Indonesia (Persero) Tbk's current stock price is €0.158. PT Bank Rakyat Indonesia (Persero) Tbk's E10 for the quarter that ended in Mar. 2026 was €0.02. PT Bank Rakyat Indonesia (Persero) Tbk's Shiller PE Ratio of today is 7.90.

During the past 13 years, the highest Shiller PE Ratio of PT Bank Rakyat Indonesia (Persero) Tbk was 22.61. The lowest was 8.37. And the median was 17.39.


PT Bank Rakyat Indonesia (Persero) Tbk  (FRA:BYRA) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

PT Bank Rakyat Indonesia (Persero) Tbk's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.158/0.02
=7.90

* 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 Shiller P/E Ratio of PT Bank Rakyat Indonesia (Persero) Tbk was 22.61. The lowest was 8.37. And the median was 17.39.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


PT Bank Rakyat Indonesia (Persero) Tbk E10 Related Terms


PT Bank Rakyat Indonesia (Persero) Tbk E10 Historical Data

* Premium members only.

The historical data trend for PT Bank Rakyat Indonesia (Persero) Tbk's E10 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 Rakyat Indonesia (Persero) Tbk E10 Chart

PT Bank Rakyat Indonesia (Persero) Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.02 0.02 0.02

PT Bank Rakyat Indonesia (Persero) Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 0.02 0.02 0.02 0.02 0.02

PT Bank Rakyat Indonesia (Persero) Tbk E10 Competitor Comparison

For the Banks - Regional subindustry, PT Bank Rakyat Indonesia (Persero) Tbk's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Bank Rakyat Indonesia (Persero) Tbk Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, PT Bank Rakyat Indonesia (Persero) Tbk's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where PT Bank Rakyat Indonesia (Persero) Tbk's Shiller PE Ratio falls into.


FRA:BYRA
70GF Score
PT Bank Rakyat Indonesia (Persero) Tbk FRA:BYRA
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Bank Rakyat Indonesia (Persero) Tbk E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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 Rakyat Indonesia (Persero) Tbk's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.005/136.5387*136.5387
=0.005

Current CPI (Mar. 2026) = 136.5387.

PT Bank Rakyat Indonesia (Persero) Tbk Quarterly Data

per share eps CPI Adj_EPS
201606 0.003 103.212 0.004
201609 0.003 104.142 0.004
201612 0.004 105.222 0.005
201703 0.004 106.476 0.005
201706 0.003 107.722 0.004
201709 0.003 108.020 0.004
201712 0.004 109.017 0.005
201803 0.004 110.097 0.005
201806 0.003 111.085 0.004
201809 0.004 111.135 0.005
201812 0.004 112.430 0.005
201903 0.004 112.829 0.005
201906 0.004 114.730 0.005
201909 0.005 114.905 0.006
201912 0.005 115.486 0.006
202003 0.004 116.252 0.005
202006 0.001 116.630 0.001
202009 0.002 116.397 0.002
202012 0.002 117.318 0.002
202103 0.003 117.840 0.003
202106 0.003 118.184 0.003
202109 0.003 118.262 0.003
202112 0.005 119.516 0.006
202203 0.005 120.948 0.006
202206 0.005 123.322 0.006
202209 0.006 125.298 0.007
202212 0.005 126.098 0.005
202303 0.006 126.953 0.006
202306 0.006 127.663 0.006
202309 0.006 128.151 0.006
202312 0.006 129.395 0.006
202403 0.006 130.607 0.006
202406 0.005 130.792 0.005
202409 0.006 130.361 0.006
202412 0.006 131.432 0.006
202503 0.005 131.948 0.005
202506 0.004 133.241 0.004
202509 0.005 133.819 0.005
202512 0.005 135.271 0.005
202603 0.005 136.539 0.005

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of €0.02 mean?
PT Bank Rakyat Indonesia (Persero) Tbk (FRA:BYRA) has a E10 of €0.02 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PT Bank Rakyat Indonesia (Persero) Tbk and its competitors.
Is PT Bank Rakyat Indonesia (Persero) Tbk's E10 too high?
PT Bank Rakyat Indonesia (Persero) Tbk's current E10 is €0.02. Overall, PT Bank Rakyat Indonesia (Persero) Tbk has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Bank Rakyat Indonesia (Persero) Tbk's E10 compare to competitors?
PT Bank Rakyat Indonesia (Persero) Tbk's E10 of €0.02 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 E10 for a Banks company?
A good E10 depends on the Banks industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PT Bank Rakyat Indonesia (Persero) Tbk and its competitors. PT Bank Rakyat Indonesia (Persero) Tbk's current E10 is €0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bank Rakyat Indonesia (Persero) Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bank Rakyat Indonesia (Persero) Tbk (FRA:BYRA) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.28, compared to a current price of €0.16 — trading 43.6% below its estimated fair value. The current E10 is €0.02. PT Bank Rakyat Indonesia (Persero) Tbk's overall GF Score™ is 70/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For PT Bank Rakyat Indonesia (Persero) Tbk (FRA:BYRA), the current E10 is €0.02 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 Rakyat Indonesia (Persero) Tbk (FRA:BYRA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bank Rakyat Indonesia (Persero) Tbk stock appears to be undervalued. The current stock price of €0.16 is trading 43.6% below its estimated GF Value™ of €0.28. GuruFocus considers PT Bank Rakyat Indonesia (Persero) Tbk to be Significantly Undervalued.

Key valuation signals for FRA:BYRA:

  • E10: €0.02
  • GF Value™: €0.28 vs. price of €0.16 (43.6% below fair value)
  • GF Score™: 70/100 with 4 warning signs

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


PT Bank Rakyat Indonesia (Persero) Tbk Business Description

Address Jalan Jenderal Sudirman No. 44 - 46, BRI II Building, 22nd Floor, Jakarta, IDN, 10210
PT Bank Rakyat Indonesia (Persero) Tbk operates in the banking sector. It provides and tailors banking services to micro, small, and medium enterprises. Its segments are Micro, Retail, Corporate, Others, and Subsidiaries. The majority of its revenue is generated from the Micro segment. The company emphasizes integrating financial technology across its platforms to improve access for its customer base. Its core business services include collecting customer deposits, loan disbursement, issuing promissory notes and loan agreements, and collateralizing assets. Its loan products include working capital loans for corporate and commercial customers, as well as mortgages for consumer customers.
70GF Score

Get the complete analysis for FRA:BYRA

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.16
Price
€0.28
GF Value