PT Hartadinata Abadi Tbk (ISX:HRTA) E10: Rp78.23 (As of Mar. 2026)


ISX:HRTA PT Hartadinata Abadi Tbk ISX:HRTA
91 GF Score
Price Rp1,815.00
GF Value Rp1,988.49
Valuation Fairly Valued
! 3 Warning Signs
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What is PT Hartadinata Abadi Tbk E10?

PT Hartadinata Abadi Tbk ISX:HRTA +4.31% 91 E10 is Rp78.23 as of Mar. 2026. GuruFocus rates ISX:HRTA with a GF Score™ of 91/100 and a GF Value™ of Rp1,988.49 (Fairly Valued). The stock has 3 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 Hartadinata Abadi Tbk's adjusted earnings per share data for the three months ended in Mar. 2026 was Rp94.130. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is Rp78.23 for the trailing ten years ended in Mar. 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 (2026-07-06), PT Hartadinata Abadi Tbk's current stock price is Rp1815.00. PT Hartadinata Abadi Tbk's E10 for the quarter that ended in Mar. 2026 was Rp78.23. PT Hartadinata Abadi Tbk's Shiller PE Ratio of today is 23.20.

During the past 12 years, the highest Shiller PE Ratio of PT Hartadinata Abadi Tbk was 46.47. The lowest was 22.82. And the median was 34.00.


PT Hartadinata Abadi Tbk  (ISX:HRTA) 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 Hartadinata Abadi Tbk's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1815.00/78.23
=23.20

* 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 12 years, the highest Shiller P/E Ratio of PT Hartadinata Abadi Tbk was 46.47. The lowest was 22.82. And the median was 34.00.


Be Aware

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


PT Hartadinata Abadi Tbk E10 Related Terms


PT Hartadinata Abadi Tbk E10 Historical Data

* Premium members only.

The historical data trend for PT Hartadinata Abadi 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 Hartadinata Abadi Tbk E10 Chart

PT Hartadinata Abadi 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 69.72

PT Hartadinata Abadi 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 0.00 0.00 0.00 69.72 78.23

ISX:HRTA vs TPR: E10 Comparison

For the Luxury Goods subindustry, PT Hartadinata Abadi 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 Hartadinata Abadi Tbk Shiller PE Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PT Hartadinata Abadi Tbk's Shiller PE Ratio distribution charts can be found below:

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


ISX:HRTA
91GF Score
PT Hartadinata Abadi Tbk ISX:HRTA
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Hartadinata Abadi 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 Hartadinata Abadi 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)
=94.13/136.5387*136.5387
=94.130

Current CPI (Mar. 2026) = 136.5387.

PT Hartadinata Abadi Tbk Quarterly Data

per share eps CPI Adj_EPS
201512 0.000 102.133 0.000
201609 4.426 104.142 5.803
201612 21.060 105.222 27.328
201703 1.480 106.476 1.898
201706 7.359 107.722 9.328
201709 6.790 108.020 8.583
201712 3.380 109.017 4.233
201803 8.260 110.097 10.244
201806 7.610 111.085 9.354
201809 6.267 111.135 7.700
201812 4.658 112.430 5.657
201903 8.810 112.829 10.661
201906 9.950 114.730 11.841
201909 6.671 114.905 7.927
201912 7.000 115.486 8.276
202003 7.980 116.252 9.373
202006 9.142 116.630 10.703
202009 11.510 116.397 13.502
202012 8.050 117.318 9.369
202103 9.230 117.840 10.695
202106 11.340 118.184 13.101
202109 12.609 118.262 14.558
202112 8.940 119.516 10.213
202203 11.000 120.948 12.418
202206 17.927 123.322 19.848
202209 15.859 125.298 17.282
202212 10.259 126.098 11.108
202303 15.160 126.953 16.305
202306 25.123 127.663 26.870
202309 16.120 128.151 17.175
202312 9.990 129.395 10.542
202403 22.300 130.607 23.313
202406 22.350 130.792 23.332
202409 20.909 130.361 21.900
202412 30.457 131.432 31.641
202503 32.520 131.948 33.651
202506 43.159 133.241 44.227
202509 49.340 133.819 50.343
202512 87.450 135.271 88.269
202603 94.130 136.539 94.130

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 Rp78.23 mean?
PT Hartadinata Abadi Tbk (ISX:HRTA) has a E10 of Rp78.23 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PT Hartadinata Abadi Tbk and its competitors.
Is PT Hartadinata Abadi Tbk's E10 too high?
PT Hartadinata Abadi Tbk's current E10 is Rp78.23. Overall, PT Hartadinata Abadi Tbk has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Hartadinata Abadi Tbk's E10 compare to TPR?
PT Hartadinata Abadi Tbk's E10 of Rp78.23 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good E10 depends on the Retail - Cyclical 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 Hartadinata Abadi Tbk and its competitors. PT Hartadinata Abadi Tbk's current E10 is Rp78.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Hartadinata Abadi Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Hartadinata Abadi Tbk (ISX:HRTA) is currently considered Fairly Valued. The stock's GF Value™ is Rp1,988.49, compared to a current price of Rp1,815.00 — trading 8.7% below its estimated fair value. The current E10 is Rp78.23. PT Hartadinata Abadi Tbk's overall GF Score™ is 91/100 with 3 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 Hartadinata Abadi Tbk (ISX:HRTA), the current E10 is Rp78.23 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 Hartadinata Abadi Tbk (ISX:HRTA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Hartadinata Abadi Tbk stock appears to be undervalued. The current stock price of Rp1,815.00 is trading 8.7% below its estimated GF Value™ of Rp1,988.49. GuruFocus considers PT Hartadinata Abadi Tbk to be Fairly Valued.

Key valuation signals for ISX:HRTA:

  • E10: Rp78.23
  • GF Value™: Rp1,988.49 vs. price of Rp1,815.00 (8.7% below fair value)
  • GF Score™: 91/100 with 3 warning signs

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


PT Hartadinata Abadi Tbk Business Description

Address Jalan Kopo Sayati No. 165, Jawa Barat, Kabupaten Bandung, Bandung, IDN, 40228
PT Hartadinata Abadi Tbk is in the gold jewelry manufacturing industry. It produces various products of gold jewelry such as necklaces, rings, pendants, earrings, and bracelets with various content. Its business segments include Wholesale, Pawns, Retail, Sales to Partners Segment, and Refining Services. It derives its revenue from the Wholesaler segment.
91GF Score

Get the complete analysis for ISX:HRTA

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

Rp1,815.00
Price
Rp1,988.49
GF Value