PT Bank Syariah Indonesia (Persero) Tbk (ISX:BRIS) E10: Rp84.38 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:BRIS PT Bank Syariah Indonesia (Persero) Tbk ISX:BRIS
65 GF Score
Price Rp1,760.00
GF Value Rp3,144.26
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is PT Bank Syariah Indonesia (Persero) Tbk E10?

PT Bank Syariah Indonesia (Persero) Tbk ISX:BRIS -1.68% 65 E10 is Rp84.38 as of Mar. 2026. GuruFocus rates ISX:BRIS with a GF Score™ of 65/100 and a GF Value™ of Rp3,144.26 (Significantly Undervalued). 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 Syariah Indonesia (Persero) Tbk's adjusted earnings per share data for the three months ended in Mar. 2026 was Rp47.630. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is Rp84.38 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Bank Syariah Indonesia (Persero) Tbk's average E10 Growth Rate was 17.60% 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.

As of today (2026-07-30), PT Bank Syariah Indonesia (Persero) Tbk's current stock price is Rp1760.00. PT Bank Syariah Indonesia (Persero) Tbk's E10 for the quarter that ended in Mar. 2026 was Rp84.38. PT Bank Syariah Indonesia (Persero) Tbk's Shiller PE Ratio of today is 20.86.

During the past 13 years, the highest Shiller PE Ratio of PT Bank Syariah Indonesia (Persero) Tbk was 41.82. The lowest was 20.50. And the median was 30.20.


PT Bank Syariah Indonesia (Persero) Tbk  (ISX:BRIS) 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 Syariah Indonesia (Persero) Tbk's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1760.00/84.38
=20.86

* 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 Syariah Indonesia (Persero) Tbk was 41.82. The lowest was 20.50. And the median was 30.20.


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 Syariah Indonesia (Persero) Tbk E10 Related Terms


PT Bank Syariah Indonesia (Persero) Tbk E10 Historical Data

* Premium members only.

The historical data trend for PT Bank Syariah 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 Syariah Indonesia (Persero) Tbk E10 Chart

PT Bank Syariah 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 0.00 0.00 0.00 0.00 80.83

PT Bank Syariah 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 71.74 74.92 77.49 80.83 84.38

PT Bank Syariah Indonesia (Persero) Tbk E10 Competitor Comparison

For the Banks - Regional subindustry, PT Bank Syariah 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 Syariah Indonesia (Persero) Tbk Shiller PE Ratio vs Banks Industry

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

* The bar in red indicates where PT Bank Syariah Indonesia (Persero) Tbk's Shiller PE Ratio falls into.


ISX:BRIS
65GF Score
PT Bank Syariah Indonesia (Persero) Tbk ISX:BRIS
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Bank Syariah 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 Syariah 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)
=47.63/136.5387*136.5387
=47.630

Current CPI (Mar. 2026) = 136.5387.

PT Bank Syariah Indonesia (Persero) Tbk Quarterly Data

per share eps CPI Adj_EPS
201512 0.000 102.133 0.000
201609 5.772 104.142 7.568
201612 6.093 105.222 7.906
201703 8.173 106.476 10.481
201706 5.564 107.722 7.052
201709 8.408 108.020 10.628
201712 -6.457 109.017 -8.087
201803 8.076 110.097 10.016
201806 8.856 111.085 10.885
201809 1.843 111.135 2.264
201812 -6.281 112.430 -7.628
201903 3.014 112.829 3.647
201906 0.556 114.730 0.662
201909 2.097 114.905 2.492
201912 1.763 115.486 2.084
202003 15.624 116.252 18.350
202006 10.582 116.630 12.388
202009 12.952 116.397 15.193
202012 13.030 117.318 15.165
202103 17.604 117.840 20.397
202106 18.190 118.184 21.015
202109 17.760 118.262 20.505
202112 20.096 119.516 22.958
202203 24.010 120.948 27.105
202206 27.810 123.322 30.790
202209 26.110 125.298 28.452
202212 22.869 126.098 24.763
202303 31.610 126.953 33.997
202306 29.566 127.663 31.622
202309 29.870 128.151 31.825
202312 32.600 129.395 34.400
202403 37.010 130.607 38.691
202406 36.580 130.792 38.187
202409 37.130 130.361 38.890
202412 41.160 131.432 42.759
202503 40.730 131.948 42.147
202506 40.370 133.241 41.369
202509 39.620 133.819 40.425
202512 43.330 135.271 43.736
202603 47.630 136.539 47.630

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 Rp84.38 mean?
PT Bank Syariah Indonesia (Persero) Tbk (ISX:BRIS) has a E10 of Rp84.38 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 Syariah Indonesia (Persero) Tbk and its competitors.
Is PT Bank Syariah Indonesia (Persero) Tbk's E10 too high?
PT Bank Syariah Indonesia (Persero) Tbk's current E10 is Rp84.38. Overall, PT Bank Syariah Indonesia (Persero) Tbk has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Bank Syariah Indonesia (Persero) Tbk's E10 compare to competitors?
PT Bank Syariah Indonesia (Persero) Tbk's E10 of Rp84.38 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 Syariah Indonesia (Persero) Tbk and its competitors. PT Bank Syariah Indonesia (Persero) Tbk's current E10 is Rp84.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bank Syariah Indonesia (Persero) Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bank Syariah Indonesia (Persero) Tbk (ISX:BRIS) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp3,144.26, compared to a current price of Rp1,760.00 — trading 44% below its estimated fair value. The current E10 is Rp84.38. PT Bank Syariah Indonesia (Persero) Tbk's overall GF Score™ is 65/100 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 Syariah Indonesia (Persero) Tbk (ISX:BRIS), the current E10 is Rp84.38 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 Syariah Indonesia (Persero) Tbk (ISX:BRIS) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bank Syariah Indonesia (Persero) Tbk stock appears to be undervalued. The current stock price of Rp1,760.00 is trading 44% below its estimated GF Value™ of Rp3,144.26. GuruFocus considers PT Bank Syariah Indonesia (Persero) Tbk to be Significantly Undervalued.

Key valuation signals for ISX:BRIS:

  • E10: Rp84.38
  • GF Value™: Rp3,144.26 vs. price of Rp1,760.00 (44% below fair value)
  • GF Score™: 65/100 with 2 warning signs

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


PT Bank Syariah Indonesia (Persero) Tbk Business Description

Address Jalan Gatot Subroto No. 27, The Tower Building, Karet Semanggi Subdistrict, Setiabudi District, South Jakarta, Jakarta, IDN, 12930
PT Bank Syariah Indonesia (Persero) Tbk provides banking products and services in Indonesia. The company's services include ATM cards, electronic data capture, cash management, accounts and deposits, funding, financing services, and mobile banking services. It operates in various segments, namely: Corporate Banking, Commercial Banking, Institutional Relations, Retail, and Treasury Banking & Head Office.
65GF Score

Get the complete analysis for ISX:BRIS

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

Rp1,760.00
Price
Rp3,144.26
GF Value