PT Harum Energy Tbk (ISX:HRUM) E10: Rp98.71 (As of Mar. 2026)


ISX:HRUM PT Harum Energy Tbk ISX:HRUM
75 GF Score
Price Rp725.00
GF Value Rp1,772.47
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is PT Harum Energy Tbk E10?

PT Harum Energy Tbk ISX:HRUM 75 E10 is Rp98.71 as of Mar. 2026. GuruFocus rates ISX:HRUM with a GF Score™ of 75/100 and a GF Value™ of Rp1,772.47 (Possible Value Trap). 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 Harum Energy Tbk's adjusted earnings per share data for the three months ended in Mar. 2026 was Rp11.512. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is Rp98.71 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Harum Energy Tbk's average E10 Growth Rate was 12.50% per year. During the past 3 years, the average E10 Growth Rate was 14.40% per year. During the past 5 years, the average E10 Growth Rate was 17.70% 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 Harum Energy Tbk was 26.70% per year. The lowest was 8.00% per year. And the median was 15.75% per year.

As of today (2026-07-07), PT Harum Energy Tbk's current stock price is Rp725.00. PT Harum Energy Tbk's E10 for the quarter that ended in Mar. 2026 was Rp98.71. PT Harum Energy Tbk's Shiller PE Ratio of today is 7.34.

During the past 13 years, the highest Shiller PE Ratio of PT Harum Energy Tbk was 59.89. The lowest was 4.40. And the median was 16.24.


PT Harum Energy Tbk  (ISX:HRUM) 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 Harum Energy Tbk's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=725.00/98.71
=7.34

* 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 Harum Energy Tbk was 59.89. The lowest was 4.40. And the median was 16.24.


Be Aware

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


PT Harum Energy Tbk E10 Related Terms


PT Harum Energy Tbk E10 Historical Data

* Premium members only.

The historical data trend for PT Harum Energy 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 Harum Energy Tbk E10 Chart

PT Harum Energy 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 42.71 64.71 79.30 86.91 96.82

PT Harum Energy 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 87.72 91.42 93.02 96.82 98.71

PT Harum Energy Tbk E10 Competitor Comparison

For the Thermal Coal subindustry, PT Harum Energy 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 Harum Energy Tbk Shiller PE Ratio vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Harum Energy Tbk's Shiller PE Ratio distribution charts can be found below:

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


ISX:HRUM
75GF Score
PT Harum Energy Tbk ISX:HRUM
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Harum Energy 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 Harum Energy 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)
=11.512/136.5387*136.5387
=11.512

Current CPI (Mar. 2026) = 136.5387.

PT Harum Energy Tbk Quarterly Data

per share eps CPI Adj_EPS
201606 3.072 103.212 4.064
201609 6.270 104.142 8.220
201612 2.643 105.222 3.430
201703 12.197 106.476 15.641
201706 10.217 107.722 12.950
201709 10.563 108.020 13.352
201712 13.284 109.017 16.638
201803 13.511 110.097 16.756
201806 4.954 111.085 6.089
201809 6.452 111.135 7.927
201812 10.248 112.430 12.446
201903 7.075 112.829 8.562
201906 6.990 114.730 8.319
201909 3.697 114.905 4.393
201912 2.677 115.486 3.165
202003 0.976 116.252 1.146
202006 22.369 116.630 26.187
202009 4.484 116.397 5.260
202012 37.105 117.318 43.184
202103 20.098 117.840 23.287
202106 -8.230 118.184 -9.508
202109 30.652 118.262 35.389
202112 40.837 119.516 46.653
202203 67.582 120.948 76.293
202206 91.733 123.322 101.564
202209 102.826 125.298 112.050
202212 67.457 126.098 73.042
202303 118.475 126.953 127.421
202306 53.365 127.663 57.075
202309 -49.980 128.151 -53.251
202312 50.890 129.395 53.700
202403 1.099 130.607 1.149
202406 44.600 130.792 46.560
202409 37.549 130.361 39.328
202412 -19.724 131.432 -20.490
202503 6.917 131.948 7.158
202506 29.846 133.241 30.585
202509 9.476 133.819 9.669
202512 0.150 135.271 0.151
202603 11.512 136.539 11.512

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 Rp98.71 mean?
PT Harum Energy Tbk (ISX:HRUM) has a E10 of Rp98.71 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PT Harum Energy Tbk and its competitors.
Is PT Harum Energy Tbk's E10 too high?
PT Harum Energy Tbk's current E10 is Rp98.71. Overall, PT Harum Energy Tbk has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Harum Energy Tbk's E10 compare to competitors?
PT Harum Energy Tbk's E10 of Rp98.71 can be compared against companies in the Other Energy Sources 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 an Other Energy Sources company?
A good E10 depends on the Other Energy Sources 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 Harum Energy Tbk and its competitors. PT Harum Energy Tbk's current E10 is Rp98.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Harum Energy Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Harum Energy Tbk (ISX:HRUM) is currently considered Possible Value Trap. The stock's GF Value™ is Rp1,772.47, compared to a current price of Rp725.00 — trading 59.1% below its estimated fair value. The current E10 is Rp98.71. PT Harum Energy Tbk's overall GF Score™ is 75/100 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 Harum Energy Tbk (ISX:HRUM), the current E10 is Rp98.71 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 Harum Energy Tbk (ISX:HRUM) Overvalued in 2026?

Based on GuruFocus' analysis, PT Harum Energy Tbk stock appears to be undervalued. The current stock price of Rp725.00 is trading 59.1% below its estimated GF Value™ of Rp1,772.47. GuruFocus considers PT Harum Energy Tbk to be Possible Value Trap.

Key valuation signals for ISX:HRUM:

  • E10: Rp98.71
  • GF Value™: Rp1,772.47 vs. price of Rp725.00 (59.1% below fair value)
  • GF Score™: 75/100 with 7 warning signs

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


PT Harum Energy Tbk Business Description

Other Exchanges 44H:Germany
Address Jalan Imam Bonjol No. 80, Deutsche Bank Building, 9th Floor, Jakarta Pusat, Jakarta, IDN, 10310
PT Harum Energy Tbk is a holding company engaged in the coal mining and logistics business in East Kalimantan, Indonesia. The company's activity is broken down into various segments, which include Coal mining sectors; Rental and service sectors; Nickel Smelter; and Other sectors. It serves coal-fired power-generating and manufacturing companies. Geographically, the firm generates revenue from East Asia, South Asia, Southeast Asia, and Europe. The firm generates the majority of its revenue from the Nickel Smelter, which consists of the Nickel Smelter sector by IMI, WMI, and BSE.
75GF Score

Get the complete analysis for ISX:HRUM

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

Rp725.00
Price
Rp1,772.47
GF Value