PT Meratus Jasa Prima Tbk (ISX:KARW) E10: Rp18.21 (As of Mar. 2026)


ISX:KARW PT Meratus Jasa Prima Tbk ISX:KARW
65 GF Score
Price Rp212.00
GF Value Rp395.87
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is PT Meratus Jasa Prima Tbk E10?

PT Meratus Jasa Prima Tbk ISX:KARW 65 E10 is Rp18.21 as of Mar. 2026. GuruFocus rates ISX:KARW with a GF Score™ of 65/100 and a GF Value™ of Rp395.87 (Possible Value Trap). 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 Meratus Jasa Prima Tbk's adjusted earnings per share data for the three months ended in Mar. 2026 was Rp0.508. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is Rp18.21 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of PT Meratus Jasa Prima Tbk was 5.20% per year. The lowest was 2.60% per year. And the median was 3.90% per year.

As of today (2026-07-03), PT Meratus Jasa Prima Tbk's current stock price is Rp212.00. PT Meratus Jasa Prima Tbk's E10 for the quarter that ended in Mar. 2026 was Rp18.21. PT Meratus Jasa Prima Tbk's Shiller PE Ratio of today is 11.64.

During the past 13 years, the highest Shiller PE Ratio of PT Meratus Jasa Prima Tbk was 23.89. The lowest was 12.74. And the median was 16.47.


PT Meratus Jasa Prima Tbk  (ISX:KARW) 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 Meratus Jasa Prima Tbk's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=212.00/18.21
=11.64

* 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 Meratus Jasa Prima Tbk was 23.89. The lowest was 12.74. And the median was 16.47.


Be Aware

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


PT Meratus Jasa Prima Tbk E10 Related Terms


PT Meratus Jasa Prima Tbk E10 Historical Data

* Premium members only.

The historical data trend for PT Meratus Jasa Prima 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 Meratus Jasa Prima Tbk E10 Chart

PT Meratus Jasa Prima 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 -84.47 -93.99 -80.05 -71.92 18.17

PT Meratus Jasa Prima 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 -70.55 -69.26 -69.13 18.17 18.21

PT Meratus Jasa Prima Tbk E10 Competitor Comparison

For the Marine Shipping subindustry, PT Meratus Jasa Prima 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 Meratus Jasa Prima Tbk Shiller PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, PT Meratus Jasa Prima Tbk's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where PT Meratus Jasa Prima Tbk's Shiller PE Ratio falls into.


ISX:KARW
65GF Score
PT Meratus Jasa Prima Tbk ISX:KARW
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Meratus Jasa Prima 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 Meratus Jasa Prima 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)
=0.508/136.5387*136.5387
=0.508

Current CPI (Mar. 2026) = 136.5387.

PT Meratus Jasa Prima Tbk Quarterly Data

per share eps CPI Adj_EPS
201606 16.026 103.212 21.201
201609 20.987 104.142 27.516
201612 13.283 105.222 17.236
201703 15.746 106.476 20.192
201706 9.579 107.722 12.142
201709 13.304 108.020 16.816
201712 15.737 109.017 19.710
201803 9.493 110.097 11.773
201806 -0.840 111.085 -1.032
201809 8.103 111.135 9.955
201812 0.580 112.430 0.704
201903 9.803 112.829 11.863
201906 -1.997 114.730 -2.377
201909 -12.629 114.905 -15.007
201912 -9.109 115.486 -10.770
202003 -25.931 116.252 -30.456
202006 5.347 116.630 6.260
202009 22.272 116.397 26.126
202012 -1.134 117.318 -1.320
202103 -23.068 117.840 -26.728
202106 -7.169 118.184 -8.282
202109 -7.128 118.262 -8.230
202112 22.482 119.516 25.684
202203 1.435 120.948 1.620
202206 5.858 123.322 6.486
202209 14.972 125.298 16.315
202212 1.405 126.098 1.521
202303 15.307 126.953 16.463
202306 17.788 127.663 19.025
202309 -1.567 128.151 -1.670
202312 -0.776 129.395 -0.819
202403 0.471 130.607 0.492
202406 -2.122 130.792 -2.215
202409 3.069 130.361 3.214
202412 0.481 131.432 0.500
202503 2.470 131.948 2.556
202506 -1.468 133.241 -1.504
202509 -10.070 133.819 -10.275
202512 6.850 135.271 6.914
202603 0.508 136.539 0.508

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 Rp18.21 mean?
PT Meratus Jasa Prima Tbk (ISX:KARW) has a E10 of Rp18.21 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PT Meratus Jasa Prima Tbk and its competitors.
Is PT Meratus Jasa Prima Tbk's E10 too high?
PT Meratus Jasa Prima Tbk's current E10 is Rp18.21. Overall, PT Meratus Jasa Prima Tbk has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Meratus Jasa Prima Tbk's E10 compare to competitors?
PT Meratus Jasa Prima Tbk's E10 of Rp18.21 can be compared against companies in the Transportation 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 Transportation company?
A good E10 depends on the Transportation 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 Meratus Jasa Prima Tbk and its competitors. PT Meratus Jasa Prima Tbk's current E10 is Rp18.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Meratus Jasa Prima Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Meratus Jasa Prima Tbk (ISX:KARW) is currently considered Possible Value Trap. The stock's GF Value™ is Rp395.87, compared to a current price of Rp212.00 — trading 46.4% below its estimated fair value. The current E10 is Rp18.21. PT Meratus Jasa Prima Tbk's overall GF Score™ is 65/100 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 Meratus Jasa Prima Tbk (ISX:KARW), the current E10 is Rp18.21 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 Meratus Jasa Prima Tbk (ISX:KARW) Overvalued in 2026?

Based on GuruFocus' analysis, PT Meratus Jasa Prima Tbk stock appears to be undervalued. The current stock price of Rp212.00 is trading 46.4% below its estimated GF Value™ of Rp395.87. GuruFocus considers PT Meratus Jasa Prima Tbk to be Possible Value Trap.

Key valuation signals for ISX:KARW:

  • E10: Rp18.21
  • GF Value™: Rp395.87 vs. price of Rp212.00 (46.4% below fair value)
  • GF Score™: 65/100 with 3 warning signs

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


PT Meratus Jasa Prima Tbk Business Description

Address Jalan Enggano Kel. Tanjung Priok, Kec. Tanjung Priok, Jakarta Utara, Jakarta, IDN, 14310
PT Meratus Jasa Prima Tbk is engaged in transportation consulting activities. The company also engages in supporting business activities in the scope of construction of non-fishery port buildings, dredging, cold storage activities, sea port service activities, wholesale trade in sea transportation equipment, parts and supplies. Its products and services include the management and operation of stevedoring equipment at Terminals 300, 301, 302, and 303 of Tanjung Priok Port to support container handling activities. These services also cover cargodoring, lift on/lift off, and trucking, in accordance with the applicable systems and procedures at port. It operates in single segment of stevedoring services in Port of Tanjung Priok, Jakarta.
65GF Score

Get the complete analysis for ISX:KARW

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

Rp212.00
Price
Rp395.87
GF Value