PT Asuransi Ramayana Tbk (ISX:ASRM) E10: Rp57.66 (As of Mar. 2026)

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ISX:ASRM PT Asuransi Ramayana Tbk ISX:ASRM
55 GF Score
Price Rp250.00
GF Value Rp254.21
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is PT Asuransi Ramayana Tbk E10?

PT Asuransi Ramayana Tbk ISX:ASRM +0.81% 55 E10 is Rp57.66 as of Mar. 2026. GuruFocus rates ISX:ASRM with a GF Score™ of 55/100 and a GF Value™ of Rp254.21 (Fairly Valued). The stock has 3 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 Asuransi Ramayana Tbk's adjusted earnings per share data for the three months ended in Mar. 2026 was Rp7.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is Rp57.66 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Asuransi Ramayana Tbk's average E10 Growth Rate was -5.50% per year. During the past 3 years, the average E10 Growth Rate was -0.40% 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 Asuransi Ramayana Tbk was -0.40% per year. The lowest was -0.40% per year. And the median was -0.40% per year.

As of today (2026-07-14), PT Asuransi Ramayana Tbk's current stock price is Rp250.00. PT Asuransi Ramayana Tbk's E10 for the quarter that ended in Mar. 2026 was Rp57.66. PT Asuransi Ramayana Tbk's Shiller PE Ratio of today is 4.34.

During the past 13 years, the highest Shiller PE Ratio of PT Asuransi Ramayana Tbk was 6.94. The lowest was 4.09. And the median was 5.76.


PT Asuransi Ramayana Tbk  (ISX:ASRM) 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 Asuransi Ramayana Tbk's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=250.00/57.66
=4.34

* 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 Asuransi Ramayana Tbk was 6.94. The lowest was 4.09. And the median was 5.76.


Be Aware

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


PT Asuransi Ramayana Tbk E10 Related Terms


PT Asuransi Ramayana Tbk E10 Historical Data

* Premium members only.

The historical data trend for PT Asuransi Ramayana 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 Asuransi Ramayana Tbk E10 Chart

PT Asuransi Ramayana 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 59.15 63.41 61.86 58.53

PT Asuransi Ramayana 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 61.02 59.23 59.01 58.53 57.66

ISX:ASRM vs CB, PGR, TRV: E10 Comparison

For the Insurance - Property & Casualty subindustry, PT Asuransi Ramayana 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 Asuransi Ramayana Tbk Shiller PE Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, PT Asuransi Ramayana Tbk's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where PT Asuransi Ramayana Tbk's Shiller PE Ratio falls into.


ISX:ASRM
55GF Score
PT Asuransi Ramayana Tbk ISX:ASRM
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Asuransi Ramayana 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 Asuransi Ramayana 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)
=7/136.5387*136.5387
=7.000

Current CPI (Mar. 2026) = 136.5387.

PT Asuransi Ramayana Tbk Quarterly Data

per share eps CPI Adj_EPS
201606 27.198 103.212 35.980
201609 3.022 104.142 3.962
201612 3.358 105.222 4.357
201703 16.117 106.476 20.668
201706 26.694 107.722 33.835
201709 -2.897 108.020 -3.662
201712 7.723 109.017 9.673
201803 15.278 110.097 18.947
201806 16.104 111.085 19.794
201809 13.636 111.135 16.753
201812 14.850 112.430 18.034
201903 19.231 112.829 23.272
201906 15.216 114.730 18.108
201909 7.677 114.905 9.122
201912 8.596 115.486 10.163
202003 30.714 116.252 36.074
202006 10.216 116.630 11.960
202009 5.324 116.397 6.245
202012 12.143 117.318 14.132
202103 25.952 117.840 30.070
202106 12.619 118.184 14.579
202109 4.612 118.262 5.325
202112 7.381 119.516 8.432
202203 15.714 120.948 17.740
202206 17.749 123.322 19.651
202209 7.381 125.298 8.043
202212 26.667 126.098 28.875
202303 25.952 126.953 27.912
202306 12.315 127.663 13.171
202309 4.048 128.151 4.313
202312 27.143 129.395 28.642
202403 18.095 130.607 18.917
202406 -10.476 130.792 -10.936
202409 21.905 130.361 22.943
202412 7.711 131.432 8.011
202503 9.000 131.948 9.313
202506 11.238 133.241 11.516
202509 -2.145 133.819 -2.189
202512 -2.109 135.271 -2.129
202603 7.000 136.539 7.000

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 Rp57.66 mean?
PT Asuransi Ramayana Tbk (ISX:ASRM) has a E10 of Rp57.66 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PT Asuransi Ramayana Tbk and its competitors.
Is PT Asuransi Ramayana Tbk's E10 too high?
PT Asuransi Ramayana Tbk's current E10 is Rp57.66. Overall, PT Asuransi Ramayana Tbk has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Asuransi Ramayana Tbk's E10 compare to CB and PGR?
PT Asuransi Ramayana Tbk's E10 of Rp57.66 can be compared against companies in the Insurance 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 an Insurance company?
A good E10 depends on the Insurance 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 Asuransi Ramayana Tbk and its competitors. PT Asuransi Ramayana Tbk's current E10 is Rp57.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Asuransi Ramayana Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Asuransi Ramayana Tbk (ISX:ASRM) is currently considered Fairly Valued. The stock's GF Value™ is Rp254.21, compared to a current price of Rp250.00 — trading 1.7% below its estimated fair value. The current E10 is Rp57.66. PT Asuransi Ramayana Tbk's overall GF Score™ is 55/100 with 3 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 Asuransi Ramayana Tbk (ISX:ASRM), the current E10 is Rp57.66 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 Asuransi Ramayana Tbk (ISX:ASRM) Overvalued in 2026?

Based on GuruFocus' analysis, PT Asuransi Ramayana Tbk stock appears to be undervalued. The current stock price of Rp250.00 is trading 1.7% below its estimated GF Value™ of Rp254.21. GuruFocus considers PT Asuransi Ramayana Tbk to be Fairly Valued.

Key valuation signals for ISX:ASRM:

  • E10: Rp57.66
  • GF Value™: Rp254.21 vs. price of Rp250.00 (1.7% below fair value)
  • GF Score™: 55/100 with 3 warning signs

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


PT Asuransi Ramayana Tbk Business Description

Address Jalan Kebon Sirih No. 49, Jakarta, IDN, 10340
PT Asuransi Ramayana Tbk is an Indonesia-based company engaged in the general insurance business. The products of the company include property insurance, motor vehicle insurance, engineering insurance, marine insurance, health insurance, aviation insurance, electronic equipment insurance, machinery breakdown insurance, personal accident insurance, money insurance, surety bonds, and others. The firm operates through the General Insurance and Office Building Rental segments.
55GF Score

Get the complete analysis for ISX:ASRM

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

Rp250.00
Price
Rp254.21
GF Value