PT Bank Raya Indonesia Tbk (ISX:AGRO) E10: Rp-14.74 (As of Jun. 2026)

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ISX:AGRO PT Bank Raya Indonesia Tbk ISX:AGRO
56 GF Score
Price Rp148.00
GF Value Rp212.47
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is PT Bank Raya Indonesia Tbk E10?

PT Bank Raya Indonesia Tbk ISX:AGRO 56 E10 is Rp-14.74 as of Jun. 2026. GuruFocus rates ISX:AGRO with a GF Score™ of 56/100 and a GF Value™ of Rp212.47 (Possible Value Trap). The stock has 2 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 Raya Indonesia Tbk's adjusted earnings per share data for the three months ended in Jun. 2026 was Rp0.210. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is Rp-14.74 for the trailing ten years ended in Jun. 2026.

During the past 3 years, the average E10 Growth Rate was -20.30% 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 Raya Indonesia Tbk was -17.60% per year. The lowest was -20.30% per year. And the median was -18.95% per year.

As of today (2026-08-16), PT Bank Raya Indonesia Tbk's current stock price is Rp148.00. PT Bank Raya Indonesia Tbk's E10 for the quarter that ended in Jun. 2026 was Rp-14.74. PT Bank Raya Indonesia Tbk's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of PT Bank Raya Indonesia Tbk was 314.53. The lowest was 93.65. And the median was 142.51.


PT Bank Raya Indonesia Tbk  (ISX:AGRO) 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.

During the past 13 years, the highest Shiller P/E Ratio of PT Bank Raya Indonesia Tbk was 314.53. The lowest was 93.65. And the median was 142.51.


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 Raya Indonesia Tbk E10 Related Terms


PT Bank Raya Indonesia Tbk E10 Historical Data

* Premium members only.

The historical data trend for PT Bank Raya Indonesia 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 Raya Indonesia Tbk E10 Chart

PT Bank Raya Indonesia 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 -6.53 -8.06 -9.66 -10.62 -14.04

PT Bank Raya Indonesia Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -11.29 -11.44 -14.04 -14.43 -14.74

PT Bank Raya Indonesia Tbk E10 Competitor Comparison

For the Banks - Regional subindustry, PT Bank Raya Indonesia 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 Raya Indonesia Tbk Shiller PE Ratio vs Banks Industry

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

* The bar in red indicates where PT Bank Raya Indonesia Tbk's Shiller PE Ratio falls into.


ISX:AGRO
56GF Score
PT Bank Raya Indonesia Tbk ISX:AGRO
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Bank Raya Indonesia 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 Raya Indonesia Tbk's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.21/137.6954*137.6954
=0.210

Current CPI (Jun. 2026) = 137.6954.

PT Bank Raya Indonesia Tbk Quarterly Data

per share eps CPI Adj_EPS
201609 2.785 104.142 3.682
201612 1.384 105.222 1.811
201703 2.084 106.476 2.695
201706 1.052 107.722 1.345
201709 2.358 108.020 3.006
201712 2.544 109.017 3.213
201803 3.620 110.097 4.527
201806 3.238 111.085 4.014
201809 0.695 111.135 0.861
201812 2.612 112.430 3.199
201903 2.798 112.829 3.415
201906 0.793 114.730 0.952
201909 -2.886 114.905 -3.458
201912 1.634 115.486 1.948
202003 0.763 116.252 0.904
202006 0.157 116.630 0.185
202009 0.245 116.397 0.290
202012 0.264 117.318 0.310
202103 0.822 117.840 0.961
202106 0.388 118.184 0.452
202109 -85.660 118.262 -99.736
202112 -57.070 119.516 -65.751
202203 2.220 120.948 2.527
202206 -1.540 123.322 -1.719
202209 0.750 125.298 0.824
202212 -0.930 126.098 -1.016
202303 0.180 126.953 0.195
202306 0.200 127.663 0.216
202309 0.220 128.151 0.236
202312 0.380 129.395 0.404
202403 0.370 130.607 0.390
202406 0.439 130.792 0.462
202409 0.560 130.361 0.592
202412 0.688 131.432 0.721
202503 0.680 131.948 0.710
202506 0.649 133.241 0.671
202509 0.366 133.819 0.377
202512 -21.909 135.271 -22.302
202603 0.280 136.539 0.282
202606 0.210 137.695 0.210

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 Rp-14.74 mean?
PT Bank Raya Indonesia Tbk (ISX:AGRO) has a E10 of Rp-14.74 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PT Bank Raya Indonesia Tbk and its competitors.
Is PT Bank Raya Indonesia Tbk's E10 too high?
PT Bank Raya Indonesia Tbk's current E10 is Rp-14.74. Overall, PT Bank Raya Indonesia Tbk has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Bank Raya Indonesia Tbk's E10 compare to competitors?
PT Bank Raya Indonesia Tbk's E10 of Rp-14.74 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 Raya Indonesia Tbk and its competitors. PT Bank Raya Indonesia Tbk's current E10 is Rp-14.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bank Raya Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bank Raya Indonesia Tbk (ISX:AGRO) is currently considered Possible Value Trap. The stock's GF Value™ is Rp212.47, compared to a current price of Rp148.00 — trading 30.3% below its estimated fair value. The current E10 is Rp-14.74. PT Bank Raya Indonesia Tbk's overall GF Score™ is 56/100 with 2 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 Raya Indonesia Tbk (ISX:AGRO), the current E10 is Rp-14.74 as of Jun. 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 Raya Indonesia Tbk (ISX:AGRO) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bank Raya Indonesia Tbk stock appears to be undervalued. The current stock price of Rp148.00 is trading 30.3% below its estimated GF Value™ of Rp212.47. GuruFocus considers PT Bank Raya Indonesia Tbk to be Possible Value Trap.

Key valuation signals for ISX:AGRO:

  • E10: Rp-14.74
  • GF Value™: Rp212.47 vs. price of Rp148.00 (30.3% below fair value)
  • GF Score™: 56/100 with 2 warning signs

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


PT Bank Raya Indonesia Tbk Business Description

Address Jalan Gatot Subroto No. 177A, Kel No. RT 009/01, Menteng Dalam, Tebet, Jakarta, IDN, 12870
PT Bank Raya Indonesia Tbk is an Indonesian banking corporation. The company provides services of savings deposits, demand deposits, time deposits, cash management, lending services, and other credit facilities. Its operating segments are Consumer, Retail, Middle, and Others. The bank generates its revenues in the form of interest income.
56GF Score

Get the complete analysis for ISX:AGRO

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

Rp148.00
Price
Rp212.47
GF Value