PT Indo Kordsa Tbk (ISX:BRAM) E10: Rp562.68 (As of Mar. 2026)


ISX:BRAM PT Indo Kordsa Tbk ISX:BRAM
55 GF Score
Price Rp4,530.00
GF Value Rp2,940.24
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is PT Indo Kordsa Tbk E10?

PT Indo Kordsa Tbk ISX:BRAM -0.88% 55 E10 is Rp562.68 as of Mar. 2026. GuruFocus rates ISX:BRAM with a GF Score™ of 55/100 and a GF Value™ of Rp2,940.24 (Significantly Overvalued). The stock has 5 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 Indo Kordsa Tbk's adjusted earnings per share data for the three months ended in Mar. 2026 was Rp215.003. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is Rp562.68 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Indo Kordsa Tbk's average E10 Growth Rate was -4.30% per year. During the past 3 years, the average E10 Growth Rate was -0.90% 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 Indo Kordsa Tbk was -0.90% per year. The lowest was -0.90% per year. And the median was -0.90% per year.

As of today (2026-07-12), PT Indo Kordsa Tbk's current stock price is Rp4530.00. PT Indo Kordsa Tbk's E10 for the quarter that ended in Mar. 2026 was Rp562.68. PT Indo Kordsa Tbk's Shiller PE Ratio of today is 8.05.

During the past 13 years, the highest Shiller PE Ratio of PT Indo Kordsa Tbk was 17.12. The lowest was 7.64. And the median was 9.97.


PT Indo Kordsa Tbk  (ISX:BRAM) 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 Indo Kordsa Tbk's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4530.00/562.68
=8.05

* 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 Indo Kordsa Tbk was 17.12. The lowest was 7.64. And the median was 9.97.


Be Aware

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


PT Indo Kordsa Tbk E10 Related Terms


PT Indo Kordsa Tbk E10 Historical Data

* Premium members only.

The historical data trend for PT Indo Kordsa 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 Indo Kordsa Tbk E10 Chart

PT Indo Kordsa 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 0.00 569.12 586.40 586.67 553.52

PT Indo Kordsa 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 587.69 576.19 576.64 553.52 562.68

PT Indo Kordsa Tbk E10 Competitor Comparison

For the Textile Manufacturing subindustry, PT Indo Kordsa 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 Indo Kordsa Tbk Shiller PE Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Indo Kordsa Tbk's Shiller PE Ratio distribution charts can be found below:

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


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

PT Indo Kordsa 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 Indo Kordsa 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)
=215.003/136.5387*136.5387
=215.003

Current CPI (Mar. 2026) = 136.5387.

PT Indo Kordsa Tbk Quarterly Data

per share eps CPI Adj_EPS
201606 133.510 103.212 176.619
201609 131.169 104.142 171.973
201612 168.002 105.222 218.004
201703 200.162 106.476 256.676
201706 172.034 107.722 218.056
201709 106.433 108.020 134.532
201712 184.345 109.017 230.884
201803 178.856 110.097 221.812
201806 83.963 111.085 103.202
201809 118.877 111.135 146.051
201812 152.288 112.430 184.944
201903 198.899 112.829 240.696
201906 99.863 114.730 118.845
201909 39.497 114.905 46.933
201912 84.083 115.486 99.411
202003 15.253 116.252 17.915
202006 -1.422 116.630 -1.665
202009 -34.150 116.397 -40.060
202012 -103.478 117.318 -120.431
202103 147.057 117.840 170.392
202106 197.868 118.184 228.598
202109 249.497 118.262 288.056
202112 200.003 119.516 228.489
202203 289.844 120.948 327.206
202206 200.894 123.322 222.424
202209 252.559 125.298 275.216
202212 317.437 126.098 343.721
202303 154.600 126.953 166.274
202306 144.459 127.663 154.503
202309 22.624 128.151 24.105
202312 197.043 129.395 207.922
202403 119.362 130.607 124.783
202406 105.949 130.792 110.604
202409 164.115 130.361 171.892
202412 28.207 131.432 29.303
202503 92.225 131.948 95.433
202506 -101.443 133.241 -103.954
202509 -39.620 133.819 -40.425
202512 -36.772 135.271 -37.117
202603 215.003 136.539 215.003

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 Rp562.68 mean?
PT Indo Kordsa Tbk (ISX:BRAM) has a E10 of Rp562.68 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PT Indo Kordsa Tbk and its competitors.
Is PT Indo Kordsa Tbk's E10 too high?
PT Indo Kordsa Tbk's current E10 is Rp562.68. Overall, PT Indo Kordsa Tbk has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Indo Kordsa Tbk's E10 compare to competitors?
PT Indo Kordsa Tbk's E10 of Rp562.68 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good E10 depends on the Manufacturing - Apparel & Accessories 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 Indo Kordsa Tbk and its competitors. PT Indo Kordsa Tbk's current E10 is Rp562.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indo Kordsa Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indo Kordsa Tbk (ISX:BRAM) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp2,940.24, compared to a current price of Rp4,530.00 — trading 54.1% above its estimated fair value. The current E10 is Rp562.68. PT Indo Kordsa Tbk's overall GF Score™ is 55/100 with 5 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 Indo Kordsa Tbk (ISX:BRAM), the current E10 is Rp562.68 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 Indo Kordsa Tbk (ISX:BRAM) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indo Kordsa Tbk stock appears to be overvalued. The current stock price of Rp4,530.00 is trading 54.1% above its estimated GF Value™ of Rp2,940.24. GuruFocus considers PT Indo Kordsa Tbk to be Significantly Overvalued.

Key valuation signals for ISX:BRAM:

  • E10: Rp562.68
  • GF Value™: Rp2,940.24 vs. price of Rp4,530.00 (54.1% above fair value)
  • GF Score™: 55/100 with 5 warning signs

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


PT Indo Kordsa Tbk Business Description

Address Jalan Pahlawan, Desa Karang Asem Timur, Citeureup, Bogor, IDN, 16810
PT Indo Kordsa Tbk is an Indonesian company engaged in the manufacturing and sale of tire reinforcement materials. The business activity of the group is functioned through various divisions which include Tyre cord fabric, Nylon yarn, and Polyester yarn. The company generates a majority of its revenue from the tire cord fabric segment. Geographically, it derives a majority of its revenue from Thailand and also has a presence in Other Countries.
55GF Score

Get the complete analysis for ISX:BRAM

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

Rp4,530.00
Price
Rp2,940.24
GF Value