PT Bank Rakyat Indonesia (Persero) Tbk (ISX:BBRI) E10: Rp327.36 (As of Mar. 2026)


ISX:BBRI PT Bank Rakyat Indonesia (Persero) Tbk ISX:BBRI
69 GF Score
Price Rp2,670.00
GF Value Rp5,086.89
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 ISX:BBRI -2.20% 69 E10 is Rp327.36 as of Mar. 2026. GuruFocus rates ISX:BBRI with a GF Score™ of 69/100 and a GF Value™ of Rp5,086.89 (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 Rp103.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is Rp327.36 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 (2026-07-01), PT Bank Rakyat Indonesia (Persero) Tbk's current stock price is Rp2670.00. PT Bank Rakyat Indonesia (Persero) Tbk's E10 for the quarter that ended in Mar. 2026 was Rp327.36. PT Bank Rakyat Indonesia (Persero) Tbk's Shiller PE Ratio of today is 8.16.

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  (ISX:BBRI) 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
=2670.00/327.36
=8.16

* 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 231.78 257.48 280.85 299.87 320.79

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 303.37 309.03 313.76 320.79 327.36

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.


ISX:BBRI
69GF Score
PT Bank Rakyat Indonesia (Persero) Tbk ISX:BBRI
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)
=103/136.5387*136.5387
=103.000

Current CPI (Mar. 2026) = 136.5387.

PT Bank Rakyat Indonesia (Persero) Tbk Quarterly Data

per share eps CPI Adj_EPS
201606 44.505 103.212 58.875
201609 49.935 104.142 65.469
201612 53.680 105.222 69.657
201703 54.370 106.476 69.721
201706 50.862 107.722 64.468
201709 52.694 108.020 66.606
201712 63.133 109.017 79.071
201803 60.550 110.097 75.092
201806 55.696 111.085 68.458
201809 70.080 111.135 86.100
201812 72.630 112.430 88.204
201903 66.790 112.829 80.825
201906 64.210 114.730 76.415
201909 72.000 114.905 85.556
201912 78.000 115.486 92.219
202003 66.000 116.252 77.517
202006 16.000 116.630 18.731
202009 31.000 116.397 36.364
202012 37.000 117.318 43.062
202103 55.000 117.840 63.727
202106 46.000 118.184 53.144
202109 52.000 118.262 60.036
202112 84.000 119.516 95.964
202203 80.000 120.948 90.312
202206 84.000 123.322 93.002
202209 95.000 125.298 103.522
202212 79.000 126.098 85.541
202303 103.000 126.953 110.778
202306 92.000 127.663 98.396
202309 96.000 128.151 102.283
202312 106.000 129.395 111.852
202403 105.000 130.607 109.769
202406 92.000 130.792 96.043
202409 102.000 130.361 106.834
202412 99.000 131.432 102.847
202503 90.000 131.948 93.131
202506 84.000 133.241 86.079
202509 97.000 133.819 98.971
202512 105.000 135.271 105.984
202603 103.000 136.539 103.000

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 Rp327.36 mean?
PT Bank Rakyat Indonesia (Persero) Tbk (ISX:BBRI) has a E10 of Rp327.36 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 Rp327.36. Overall, PT Bank Rakyat Indonesia (Persero) Tbk has a GF Score™ of 69/100 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 Rp327.36 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 Rp327.36. 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 (ISX:BBRI) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp5,086.89, compared to a current price of Rp2,670.00 — trading 47.5% below its estimated fair value. The current E10 is Rp327.36. PT Bank Rakyat Indonesia (Persero) Tbk's overall GF Score™ is 69/100 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 (ISX:BBRI), the current E10 is Rp327.36 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 (ISX:BBRI) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bank Rakyat Indonesia (Persero) Tbk stock appears to be undervalued. The current stock price of Rp2,670.00 is trading 47.5% below its estimated GF Value™ of Rp5,086.89. GuruFocus considers PT Bank Rakyat Indonesia (Persero) Tbk to be Significantly Undervalued.

Key valuation signals for ISX:BBRI:

  • E10: Rp327.36
  • GF Value™: Rp5,086.89 vs. price of Rp2,670.00 (47.5% below fair value)
  • GF Score™: 69/100 with 4 warning signs

No single metric tells the full story. See the ISX:BBRI 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.
69GF Score

Get the complete analysis for ISX:BBRI

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

Rp2,670.00
Price
Rp5,086.89
GF Value