PT Budi Starch & Sweetener Tbk (ISX:BUDI) E10: Rp18.31 (As of Jun. 2026)

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ISX:BUDI PT Budi Starch & Sweetener Tbk ISX:BUDI
72 GF Score
Price Rp222.00
GF Value Rp243.70
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is PT Budi Starch & Sweetener Tbk E10?

PT Budi Starch & Sweetener Tbk ISX:BUDI +0.91% 72 E10 is Rp18.31 as of Jun. 2026. GuruFocus rates ISX:BUDI with a GF Score™ of 72/100 and a GF Value™ of Rp243.70 (Fairly Valued). The stock has 7 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 Budi Starch & Sweetener Tbk's adjusted earnings per share data for the three months ended in Jun. 2026 was Rp10.640. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is Rp18.31 for the trailing ten years ended in Jun. 2026.

During the past 12 months, PT Budi Starch & Sweetener Tbk's average E10 Growth Rate was 21.50% per year. During the past 3 years, the average E10 Growth Rate was 12.60% per year. During the past 5 years, the average E10 Growth Rate was 12.20% 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 Budi Starch & Sweetener Tbk was 14.80% per year. The lowest was 11.90% per year. And the median was 12.60% per year.

As of today (2026-08-14), PT Budi Starch & Sweetener Tbk's current stock price is Rp222.00. PT Budi Starch & Sweetener Tbk's E10 for the quarter that ended in Jun. 2026 was Rp18.31. PT Budi Starch & Sweetener Tbk's Shiller PE Ratio of today is 12.12.

During the past 13 years, the highest Shiller PE Ratio of PT Budi Starch & Sweetener Tbk was 25.19. The lowest was 8.76. And the median was 16.31.


PT Budi Starch & Sweetener Tbk  (ISX:BUDI) 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 Budi Starch & Sweetener Tbk's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=222.00/18.31
=12.12

* 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 Budi Starch & Sweetener Tbk was 25.19. The lowest was 8.76. And the median was 16.31.


Be Aware

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


PT Budi Starch & Sweetener Tbk E10 Related Terms


PT Budi Starch & Sweetener Tbk E10 Historical Data

* Premium members only.

The historical data trend for PT Budi Starch & Sweetener 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 Budi Starch & Sweetener Tbk E10 Chart

PT Budi Starch & Sweetener 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 9.81 11.95 14.18 14.83 17.08

PT Budi Starch & Sweetener 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 15.07 16.40 17.08 17.44 18.31

ISX:BUDI vs KHC, GIS: E10 Comparison

For the Packaged Foods subindustry, PT Budi Starch & Sweetener 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 Budi Starch & Sweetener Tbk Shiller PE Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Budi Starch & Sweetener Tbk's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where PT Budi Starch & Sweetener Tbk's Shiller PE Ratio falls into.


ISX:BUDI
72GF Score
PT Budi Starch & Sweetener Tbk ISX:BUDI
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Budi Starch & Sweetener 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 Budi Starch & Sweetener 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)
=10.64/137.6954*137.6954
=10.640

Current CPI (Jun. 2026) = 137.6954.

PT Budi Starch & Sweetener Tbk Quarterly Data

per share eps CPI Adj_EPS
201609 1.190 104.142 1.573
201612 0.785 105.222 1.027
201703 3.190 106.476 4.125
201706 2.624 107.722 3.354
201709 1.598 108.020 2.037
201712 1.710 109.017 2.160
201803 1.170 110.097 1.463
201806 2.267 111.085 2.810
201809 2.760 111.135 3.420
201812 4.479 112.430 5.486
201903 2.290 112.829 2.795
201906 2.223 114.730 2.668
201909 3.529 114.905 4.229
201912 5.560 115.486 6.629
202003 1.490 116.252 1.765
202006 1.489 116.630 1.758
202009 1.130 116.397 1.337
202012 9.780 117.318 11.479
202103 6.450 117.840 7.537
202106 3.810 118.184 4.439
202109 3.840 118.262 4.471
202112 4.409 119.516 5.080
202203 6.740 120.948 7.673
202206 1.385 123.322 1.546
202209 6.060 125.298 6.660
202212 5.580 126.098 6.093
202303 7.610 126.953 8.254
202306 3.523 127.663 3.800
202309 4.790 128.151 5.147
202312 6.473 129.395 6.888
202403 4.620 130.607 4.871
202406 2.392 130.792 2.518
202409 4.320 130.361 4.563
202412 2.353 131.432 2.465
202503 2.480 131.948 2.588
202506 1.310 133.241 1.354
202509 13.560 133.819 13.953
202512 6.344 135.271 6.458
202603 5.980 136.539 6.031
202606 10.640 137.695 10.640

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 Rp18.31 mean?
PT Budi Starch & Sweetener Tbk (ISX:BUDI) has a E10 of Rp18.31 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PT Budi Starch & Sweetener Tbk and its competitors.
Is PT Budi Starch & Sweetener Tbk's E10 too high?
PT Budi Starch & Sweetener Tbk's current E10 is Rp18.31. Overall, PT Budi Starch & Sweetener Tbk has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Budi Starch & Sweetener Tbk's E10 compare to KHC and GIS?
PT Budi Starch & Sweetener Tbk's E10 of Rp18.31 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good E10 depends on the Consumer Packaged Goods 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 Budi Starch & Sweetener Tbk and its competitors. PT Budi Starch & Sweetener Tbk's current E10 is Rp18.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Budi Starch & Sweetener Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Budi Starch & Sweetener Tbk (ISX:BUDI) is currently considered Fairly Valued. The stock's GF Value™ is Rp243.70, compared to a current price of Rp222.00 — trading 8.9% below its estimated fair value. The current E10 is Rp18.31. PT Budi Starch & Sweetener Tbk's overall GF Score™ is 72/100 with 7 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 Budi Starch & Sweetener Tbk (ISX:BUDI), the current E10 is Rp18.31 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 Budi Starch & Sweetener Tbk (ISX:BUDI) Overvalued in 2026?

Based on GuruFocus' analysis, PT Budi Starch & Sweetener Tbk stock appears to be undervalued. The current stock price of Rp222.00 is trading 8.9% below its estimated GF Value™ of Rp243.70. GuruFocus considers PT Budi Starch & Sweetener Tbk to be Fairly Valued.

Key valuation signals for ISX:BUDI:

  • E10: Rp18.31
  • GF Value™: Rp243.70 vs. price of Rp222.00 (8.9% below fair value)
  • GF Score™: 72/100 with 7 warning signs

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


PT Budi Starch & Sweetener Tbk Business Description

Address Jalan H.R. Rasuna Said Kav. C-6, Wisma Budi, 8th - 9th Floor, Jakarta, IDN, 12940
PT Budi Starch & Sweetener Tbk, along with its subsidiaries, is engaged in offering cassava-based products and all derivative products produced from sweet potato, palm oil, copra, and other agricultural products. The company's operating segments are presented based on its products and include tapioca starch, sweeteners, sulfuric acid and others, and plastic packaging. The majority of its revenue is generated from the sale of tapioca starch. Geographically, the firm derives the majority of its revenue from the domestic market and also exports its products to other countries.
72GF Score

Get the complete analysis for ISX:BUDI

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

Rp222.00
Price
Rp243.70
GF Value