PT Bank Ganesha Tbk (ISX:BGTG) E10: Rp4.27 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ISX:BGTG PT Bank Ganesha Tbk ISX:BGTG
60 GF Score
Price Rp111.00
GF Value Rp72.98
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is PT Bank Ganesha Tbk E10?

PT Bank Ganesha Tbk ISX:BGTG +0.91% 60 E10 is Rp4.27 as of Jun. 2026. GuruFocus rates ISX:BGTG with a GF Score™ of 60/100 and a GF Value™ of Rp72.98 (Significantly Overvalued). 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 Ganesha Tbk's adjusted earnings per share data for the three months ended in Jun. 2026 was Rp2.330. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is Rp4.27 for the trailing ten years ended in Jun. 2026.

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.

As of today (2026-08-17), PT Bank Ganesha Tbk's current stock price is Rp111.00. PT Bank Ganesha Tbk's E10 for the quarter that ended in Jun. 2026 was Rp4.27. PT Bank Ganesha Tbk's Shiller PE Ratio of today is 26.00.

During the past 13 years, the highest Shiller PE Ratio of PT Bank Ganesha Tbk was 36.57. The lowest was 24.39. And the median was 29.51.


PT Bank Ganesha Tbk  (ISX:BGTG) 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 Ganesha Tbk's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=111.00/4.27
=26.00

* 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 Ganesha Tbk was 36.57. The lowest was 24.39. And the median was 29.51.


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 Ganesha Tbk E10 Related Terms


PT Bank Ganesha Tbk E10 Historical Data

* Premium members only.

The historical data trend for PT Bank Ganesha 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 Ganesha Tbk E10 Chart

PT Bank Ganesha 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 0.00 0.00 0.00 3.91

PT Bank Ganesha 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 0.00 0.00 3.91 4.10 4.27

PT Bank Ganesha Tbk E10 Competitor Comparison

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

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

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


ISX:BGTG
60GF Score
PT Bank Ganesha Tbk ISX:BGTG
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Bank Ganesha 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 Ganesha 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)
=2.33/137.6954*137.6954
=2.330

Current CPI (Jun. 2026) = 137.6954.

PT Bank Ganesha Tbk Quarterly Data

per share eps CPI Adj_EPS
201512 0.000 102.133 0.000
201612 0.000 105.222 0.000
201703 1.463 106.476 1.892
201706 0.737 107.722 0.942
201709 1.397 108.020 1.781
201712 0.784 109.017 0.990
201803 1.578 110.097 1.974
201806 0.344 111.085 0.426
201809 1.425 111.135 1.766
201812 -2.870 112.430 -3.515
201903 1.282 112.829 1.565
201906 0.995 114.730 1.194
201909 0.115 114.905 0.138
201912 -1.377 115.486 -1.642
202003 0.870 116.252 1.030
202006 0.258 116.630 0.305
202009 0.010 116.397 0.012
202012 -0.861 117.318 -1.011
202103 0.134 117.840 0.157
202106 0.163 118.184 0.190
202109 0.230 118.262 0.268
202112 0.335 119.516 0.386
202203 0.268 120.948 0.305
202206 0.132 123.322 0.147
202209 1.730 125.298 1.901
202212 0.670 126.098 0.732
202303 0.260 126.953 0.282
202306 1.030 127.663 1.111
202309 1.420 128.151 1.526
202312 2.290 129.395 2.437
202403 1.140 130.607 1.202
202406 1.370 130.792 1.442
202409 3.020 130.361 3.190
202412 2.870 131.432 3.007
202503 2.240 131.948 2.338
202506 2.240 133.241 2.315
202509 2.700 133.819 2.778
202512 2.220 135.271 2.260
202603 2.420 136.539 2.441
202606 2.330 137.695 2.330

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 Rp4.27 mean?
PT Bank Ganesha Tbk (ISX:BGTG) has a E10 of Rp4.27 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 Ganesha Tbk and its competitors.
Is PT Bank Ganesha Tbk's E10 too high?
PT Bank Ganesha Tbk's current E10 is Rp4.27. Overall, PT Bank Ganesha Tbk has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Bank Ganesha Tbk's E10 compare to competitors?
PT Bank Ganesha Tbk's E10 of Rp4.27 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 Ganesha Tbk and its competitors. PT Bank Ganesha Tbk's current E10 is Rp4.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bank Ganesha Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bank Ganesha Tbk (ISX:BGTG) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp72.98, compared to a current price of Rp111.00 — trading 52.1% above its estimated fair value. The current E10 is Rp4.27. PT Bank Ganesha Tbk's overall GF Score™ is 60/100 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 Ganesha Tbk (ISX:BGTG), the current E10 is Rp4.27 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 Ganesha Tbk (ISX:BGTG) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bank Ganesha Tbk stock appears to be overvalued. The current stock price of Rp111.00 is trading 52.1% above its estimated GF Value™ of Rp72.98. GuruFocus considers PT Bank Ganesha Tbk to be Significantly Overvalued.

Key valuation signals for ISX:BGTG:

  • E10: Rp4.27
  • GF Value™: Rp72.98 vs. price of Rp111.00 (52.1% above fair value)
  • GF Score™: 60/100 with 2 warning signs

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


PT Bank Ganesha Tbk Business Description

Address Jalan Hayam Wuruk No. 8, Wisma Hayam Wuruk, 1st & 2nd Floor, Central Jakarta, Jakarta, IDN, 10120
PT Bank Ganesha Tbk operates as a commercial bank. The bank's operational segment is divided based on products and services, consisting of Banking, Consumer, Treasury, and Other businesses. The majority of the revenue is derived from the Consumer segment. The bank offers time deposits, current accounts, and savings accounts, as well as extends loans to commercial, SME, and corporate segments. The bank also offers export and import payment transactions, foreign exchange, and other banking services. All operations of the bank are in the territory of Indonesia.
60GF Score

Get the complete analysis for ISX:BGTG

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

Rp111.00
Price
Rp72.98
GF Value