PT Megapolitan Developments Tbk (ISX:EMDE) E10: Rp40.19 (As of Mar. 2026)


ISX:EMDE PT Megapolitan Developments Tbk ISX:EMDE
68 GF Score
Price Rp68.00
GF Value Rp85.88
Valuation Modestly Undervalued
! 4 Warning Signs
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What is PT Megapolitan Developments Tbk E10?

PT Megapolitan Developments Tbk ISX:EMDE -1.45% 68 E10 is Rp40.19 as of Mar. 2026. GuruFocus rates ISX:EMDE with a GF Score™ of 68/100 and a GF Value™ of Rp85.88 (Modestly 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 Megapolitan Developments Tbk's adjusted earnings per share data for the three months ended in Mar. 2026 was Rp-0.780. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is Rp40.19 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Megapolitan Developments Tbk's average E10 Growth Rate was -6.70% per year. During the past 3 years, the average E10 Growth Rate was 1.60% per year. During the past 5 years, the average E10 Growth Rate was 24.90% 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 Megapolitan Developments Tbk was 50.80% per year. The lowest was 1.60% per year. And the median was 3.70% per year.

As of today (2026-07-05), PT Megapolitan Developments Tbk's current stock price is Rp68.00. PT Megapolitan Developments Tbk's E10 for the quarter that ended in Mar. 2026 was Rp40.19. PT Megapolitan Developments Tbk's Shiller PE Ratio of today is 1.69.

During the past 13 years, the highest Shiller PE Ratio of PT Megapolitan Developments Tbk was 26.31. The lowest was 1.37. And the median was 3.46.


PT Megapolitan Developments Tbk  (ISX:EMDE) 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 Megapolitan Developments Tbk's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=68.00/40.19
=1.69

* 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 Megapolitan Developments Tbk was 26.31. The lowest was 1.37. And the median was 3.46.


Be Aware

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


PT Megapolitan Developments Tbk E10 Related Terms


PT Megapolitan Developments Tbk E10 Historical Data

* Premium members only.

The historical data trend for PT Megapolitan Developments 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 Megapolitan Developments Tbk E10 Chart

PT Megapolitan Developments 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 39.37 38.65 29.59 43.94 40.48

PT Megapolitan Developments 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 43.09 43.27 43.55 40.48 40.19

ISX:EMDE vs CBRE, BEKE, JLL: E10 Comparison

For the Real Estate Services subindustry, PT Megapolitan Developments 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 Megapolitan Developments Tbk Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Megapolitan Developments Tbk's Shiller PE Ratio distribution charts can be found below:

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


ISX:EMDE
68GF Score
PT Megapolitan Developments Tbk ISX:EMDE
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Megapolitan Developments 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 Megapolitan Developments 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)
=-0.78/136.5387*136.5387
=-0.780

Current CPI (Mar. 2026) = 136.5387.

PT Megapolitan Developments Tbk Quarterly Data

per share eps CPI Adj_EPS
201606 3.368 103.212 4.455
201609 1.810 104.142 2.373
201612 9.865 105.222 12.801
201703 4.750 106.476 6.091
201706 3.540 107.722 4.487
201709 1.480 108.020 1.871
201712 21.656 109.017 27.123
201803 4.030 110.097 4.998
201806 1.765 111.085 2.169
201809 -4.390 111.135 -5.394
201812 3.349 112.430 4.067
201903 -4.000 112.829 -4.841
201906 5.315 114.730 6.325
201909 0.010 114.905 0.012
201912 -11.626 115.486 -13.745
202003 -3.960 116.252 -4.651
202006 -4.890 116.630 -5.725
202009 -6.480 116.397 -7.601
202012 -1.493 117.318 -1.738
202103 -1.920 117.840 -2.225
202106 -3.530 118.184 -4.078
202109 -8.814 118.262 -10.176
202112 321.062 119.516 366.791
202203 -6.460 120.948 -7.293
202206 -10.970 123.322 -12.146
202209 -5.670 125.298 -6.179
202212 -3.693 126.098 -3.999
202303 -5.370 126.953 -5.775
202306 -9.440 127.663 -10.096
202309 -4.810 128.151 -5.125
202312 -66.459 129.395 -70.128
202403 -2.350 130.607 -2.457
202406 -3.410 130.792 -3.560
202409 141.936 130.361 148.662
202412 20.109 131.432 20.890
202503 0.330 131.948 0.341
202506 0.757 133.241 0.776
202509 0.200 133.819 0.204
202512 -24.581 135.271 -24.811
202603 -0.780 136.539 -0.780

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 Rp40.19 mean?
PT Megapolitan Developments Tbk (ISX:EMDE) has a E10 of Rp40.19 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PT Megapolitan Developments Tbk and its competitors.
Is PT Megapolitan Developments Tbk's E10 too high?
PT Megapolitan Developments Tbk's current E10 is Rp40.19. Overall, PT Megapolitan Developments Tbk has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Megapolitan Developments Tbk's E10 compare to CBRE and BEKE?
PT Megapolitan Developments Tbk's E10 of Rp40.19 can be compared against companies in the Real Estate 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 Real Estate company?
A good E10 depends on the Real Estate 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 Megapolitan Developments Tbk and its competitors. PT Megapolitan Developments Tbk's current E10 is Rp40.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Megapolitan Developments Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Megapolitan Developments Tbk (ISX:EMDE) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp85.88, compared to a current price of Rp68.00 — trading 20.8% below its estimated fair value. The current E10 is Rp40.19. PT Megapolitan Developments Tbk's overall GF Score™ is 68/100 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 Megapolitan Developments Tbk (ISX:EMDE), the current E10 is Rp40.19 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 Megapolitan Developments Tbk (ISX:EMDE) Overvalued in 2026?

Based on GuruFocus' analysis, PT Megapolitan Developments Tbk stock appears to be undervalued. The current stock price of Rp68.00 is trading 20.8% below its estimated GF Value™ of Rp85.88. GuruFocus considers PT Megapolitan Developments Tbk to be Modestly Undervalued.

Key valuation signals for ISX:EMDE:

  • E10: Rp40.19
  • GF Value™: Rp85.88 vs. price of Rp68.00 (20.8% below fair value)
  • GF Score™: 68/100 with 4 warning signs

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


PT Megapolitan Developments Tbk Business Description

Address Jl. Kawasan Mega Kuningan Barat, The Bellagio Residence and Mall, Lantai 1, Kav. E4 No. 3, Kuningan Timur, Jakarta, IDN, 12950
PT Megapolitan Developments Tbk engages in real estate and property development and management. The Company's Articles of Association, the Company's business activities include the purchase, sale, rental, and operation of real estate, whether owned or leased, such as apartment buildings, residential buildings, and non-residential. The firm operates through two segments, namely Property and Shopping Center. It generates revenue through home sales, shophouse sales, land plot sales, rental income, shop and kiosk sales, and apartment sales. The company earns the majority of its revenue from the Shopping Center segment.
68GF Score

Get the complete analysis for ISX:EMDE

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

Rp68.00
Price
Rp85.88
GF Value