PT Asahimas Flat Glass Tbk (ISX:AMFG) E10: Rp336.81 (As of Mar. 2026)


ISX:AMFG PT Asahimas Flat Glass Tbk ISX:AMFG
61 GF Score
Price Rp2,940.00
GF Value Rp4,174.60
Valuation Significantly Undervalued
! 4 Warning Signs
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What is PT Asahimas Flat Glass Tbk E10?

PT Asahimas Flat Glass Tbk ISX:AMFG -4.55% 61 E10 is Rp336.81 as of Mar. 2026. GuruFocus rates ISX:AMFG with a GF Score™ of 61/100 and a GF Value™ of Rp4,174.60 (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 Asahimas Flat Glass Tbk's adjusted earnings per share data for the three months ended in Mar. 2026 was Rp-5.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is Rp336.81 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Asahimas Flat Glass Tbk's average E10 Growth Rate was -17.60% per year. During the past 3 years, the average E10 Growth Rate was -6.40% 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 Asahimas Flat Glass Tbk was -6.40% per year. The lowest was -6.40% per year. And the median was -6.40% per year.

As of today (2026-06-28), PT Asahimas Flat Glass Tbk's current stock price is Rp2940.00. PT Asahimas Flat Glass Tbk's E10 for the quarter that ended in Mar. 2026 was Rp336.81. PT Asahimas Flat Glass Tbk's Shiller PE Ratio of today is 8.73.

During the past 13 years, the highest Shiller PE Ratio of PT Asahimas Flat Glass Tbk was 13.60. The lowest was 7.88. And the median was 10.44.


PT Asahimas Flat Glass Tbk  (ISX:AMFG) 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 Asahimas Flat Glass Tbk's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2940.00/336.81
=8.73

* 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 Asahimas Flat Glass Tbk was 13.60. The lowest was 7.88. And the median was 10.44.


Be Aware

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


PT Asahimas Flat Glass Tbk E10 Related Terms


PT Asahimas Flat Glass Tbk E10 Historical Data

* Premium members only.

The historical data trend for PT Asahimas Flat Glass 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 Asahimas Flat Glass Tbk E10 Chart

PT Asahimas Flat Glass 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 0.00 428.36 511.38 426.46 351.29

PT Asahimas Flat Glass 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 408.92 386.22 360.45 351.29 336.81

ISX:AMFG vs CRH, VMC, MLM: E10 Comparison

For the Building Materials subindustry, PT Asahimas Flat Glass 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 Asahimas Flat Glass Tbk Shiller PE Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, PT Asahimas Flat Glass Tbk's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where PT Asahimas Flat Glass Tbk's Shiller PE Ratio falls into.


ISX:AMFG
61GF Score
PT Asahimas Flat Glass Tbk ISX:AMFG
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Asahimas Flat Glass 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 Asahimas Flat Glass 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)
=-5/136.5387*136.5387
=-5.000

Current CPI (Mar. 2026) = 136.5387.

PT Asahimas Flat Glass Tbk Quarterly Data

per share eps CPI Adj_EPS
201606 169.198 103.212 223.831
201609 198.000 104.142 259.593
201612 102.000 105.222 132.358
201703 43.000 106.476 55.141
201706 5.000 107.722 6.338
201709 98.000 108.020 123.873
201712 -57.000 109.017 -71.390
201803 83.000 110.097 102.934
201806 -129.608 111.085 -159.306
201809 -164.000 111.135 -201.489
201812 225.000 112.430 273.248
201903 -38.000 112.829 -45.985
201906 -102.274 114.730 -121.715
201909 -117.000 114.905 -139.029
201912 -48.000 115.486 -56.750
202003 -1,340.000 116.252 -1,573.834
202006 448.000 116.630 524.474
202009 -613.313 116.397 -719.445
202012 511.935 117.318 595.807
202103 0.740 117.840 0.857
202106 56.260 118.184 64.998
202109 391.622 118.262 452.146
202112 285.040 119.516 325.638
202203 519.000 120.948 585.900
202206 290.965 123.322 322.147
202209 432.578 125.298 471.384
202212 -235.062 126.098 -254.525
202303 485.000 126.953 521.622
202306 187.000 127.663 200.001
202309 430.991 128.151 459.199
202312 240.684 129.395 253.972
202403 99.000 130.607 103.496
202406 35.346 130.792 36.899
202409 259.000 130.361 271.274
202412 155.935 131.432 161.994
202503 119.000 131.948 123.140
202506 2.700 133.241 2.767
202509 41.512 133.819 42.356
202512 19.000 135.271 19.178
202603 -5.000 136.539 -5.000

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 Rp336.81 mean?
PT Asahimas Flat Glass Tbk (ISX:AMFG) has a E10 of Rp336.81 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PT Asahimas Flat Glass Tbk and its competitors.
Is PT Asahimas Flat Glass Tbk's E10 too high?
PT Asahimas Flat Glass Tbk's current E10 is Rp336.81. Overall, PT Asahimas Flat Glass Tbk has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Asahimas Flat Glass Tbk's E10 compare to CRH and VMC?
PT Asahimas Flat Glass Tbk's E10 of Rp336.81 can be compared against companies in the Building Materials 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 Building Materials company?
A good E10 depends on the Building Materials 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 Asahimas Flat Glass Tbk and its competitors. PT Asahimas Flat Glass Tbk's current E10 is Rp336.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Asahimas Flat Glass Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Asahimas Flat Glass Tbk (ISX:AMFG) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp4,174.60, compared to a current price of Rp2,940.00 — trading 29.6% below its estimated fair value. The current E10 is Rp336.81. PT Asahimas Flat Glass Tbk's overall GF Score™ is 61/100 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 Asahimas Flat Glass Tbk (ISX:AMFG), the current E10 is Rp336.81 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 Asahimas Flat Glass Tbk (ISX:AMFG) Overvalued in 2026?

Based on GuruFocus' analysis, PT Asahimas Flat Glass Tbk stock appears to be undervalued. The current stock price of Rp2,940.00 is trading 29.6% below its estimated GF Value™ of Rp4,174.60. GuruFocus considers PT Asahimas Flat Glass Tbk to be Significantly Undervalued.

Key valuation signals for ISX:AMFG:

  • E10: Rp336.81
  • GF Value™: Rp4,174.60 vs. price of Rp2,940.00 (29.6% below fair value)
  • GF Score™: 61/100 with 4 warning signs

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


PT Asahimas Flat Glass Tbk Business Description

Address Jalan Ancol IX No. 5, Ancol Barat, North Jakarta, IDN, 14430
PT Asahimas Flat Glass Tbk is a glass manufacturing company. The company is also engaged in import export and glass quality testing laboratory services. The company operates in two segments namely flat glass and automotive glass. Its portfolio of the company consists of various glasses such as tinted glass, figured glass, reflective glass, mirror glass, tempered glass, and laminated glass. Its business activity of the organization functions in the geographical areas of Indonesia which include Jakarta, Cikampek, and Sidoarjo. It generates revenue through the sale of glass products.
61GF Score

Get the complete analysis for ISX:AMFG

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

Rp2,940.00
Price
Rp4,174.60
GF Value