PT Resource Alam Indonesia Tbk (ISX:KKGI) E10: Rp52.89 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ISX:KKGI PT Resource Alam Indonesia Tbk ISX:KKGI
68 GF Score
Price Rp278.00
GF Value Rp238.01
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is PT Resource Alam Indonesia Tbk E10?

PT Resource Alam Indonesia Tbk ISX:KKGI +2.21% 68 E10 is Rp52.89 as of Mar. 2026. GuruFocus rates ISX:KKGI with a GF Score™ of 68/100 and a GF Value™ of Rp238.01 (Modestly Overvalued). The stock has 6 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 Resource Alam Indonesia Tbk's adjusted earnings per share data for the three months ended in Mar. 2026 was Rp3.386. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is Rp52.89 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Resource Alam Indonesia Tbk's average E10 Growth Rate was 3.10% per year. During the past 3 years, the average E10 Growth Rate was 14.30% 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 Resource Alam Indonesia Tbk was 22.00% per year. The lowest was 14.30% per year. And the median was 18.15% per year.

As of today (2026-07-17), PT Resource Alam Indonesia Tbk's current stock price is Rp278.00. PT Resource Alam Indonesia Tbk's E10 for the quarter that ended in Mar. 2026 was Rp52.89. PT Resource Alam Indonesia Tbk's Shiller PE Ratio of today is 5.26.

During the past 13 years, the highest Shiller PE Ratio of PT Resource Alam Indonesia Tbk was 23.69. The lowest was 4.61. And the median was 9.53.


PT Resource Alam Indonesia Tbk  (ISX:KKGI) 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 Resource Alam Indonesia Tbk's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=278.00/52.89
=5.26

* 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 Resource Alam Indonesia Tbk was 23.69. The lowest was 4.61. And the median was 9.53.


Be Aware

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


PT Resource Alam Indonesia Tbk E10 Related Terms


PT Resource Alam Indonesia Tbk E10 Historical Data

* Premium members only.

The historical data trend for PT Resource Alam Indonesia 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 Resource Alam Indonesia Tbk E10 Chart

PT Resource Alam Indonesia 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 28.24 35.47 39.64 51.25 52.96

PT Resource Alam Indonesia 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 51.28 0.00 52.51 52.96 52.89

PT Resource Alam Indonesia Tbk E10 Competitor Comparison

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

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

* The bar in red indicates where PT Resource Alam Indonesia Tbk's Shiller PE Ratio falls into.


ISX:KKGI
68GF Score
PT Resource Alam Indonesia Tbk ISX:KKGI
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Resource Alam Indonesia 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 Resource Alam Indonesia 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)
=3.386/136.5387*136.5387
=3.386

Current CPI (Mar. 2026) = 136.5387.

PT Resource Alam Indonesia Tbk Quarterly Data

per share eps CPI Adj_EPS
201606 5.596 103.212 7.403
201609 6.873 104.142 9.011
201612 5.152 105.222 6.685
201703 11.529 106.476 14.784
201706 6.279 107.722 7.959
201709 3.832 108.020 4.844
201712 14.693 109.017 18.402
201803 2.642 110.097 3.277
201806 -2.015 111.085 -2.477
201809 6.423 111.135 7.891
201812 -5.566 112.430 -6.760
201903 -5.456 112.829 -6.603
201906 11.912 114.730 14.176
201909 5.419 114.905 6.439
201912 3.924 115.486 4.639
202003 -10.250 116.252 -12.039
202006 6.826 116.630 7.991
202009 -20.312 116.397 -23.827
202012 0.000 117.318 0.000
202103 5.536 117.840 6.414
202106 5.506 118.184 6.361
202109 15.055 118.262 17.382
202112 40.637 119.516 46.425
202203 19.285 120.948 21.771
202206 39.465 123.322 43.694
202209 24.434 125.298 26.626
202212 33.041 126.098 35.777
202303 44.099 126.953 47.429
202306 41.122 127.663 43.981
202309 -2.949 128.151 -3.142
202312 -1.086 129.395 -1.146
202403 56.241 130.607 58.795
202406 43.849 130.792 45.776
202409 24.414 130.361 25.571
202412 7.104 131.432 7.380
202503 3.294 131.948 3.409
202506 0.000 133.241 0.000
202509 -0.017 133.819 -0.017
202512 4.778 135.271 4.823
202603 3.386 136.539 3.386

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 Rp52.89 mean?
PT Resource Alam Indonesia Tbk (ISX:KKGI) has a E10 of Rp52.89 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PT Resource Alam Indonesia Tbk and its competitors.
Is PT Resource Alam Indonesia Tbk's E10 too high?
PT Resource Alam Indonesia Tbk's current E10 is Rp52.89. Overall, PT Resource Alam Indonesia Tbk has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Resource Alam Indonesia Tbk's E10 compare to competitors?
PT Resource Alam Indonesia Tbk's E10 of Rp52.89 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 Resource Alam Indonesia Tbk and its competitors. PT Resource Alam Indonesia Tbk's current E10 is Rp52.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Resource Alam Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Resource Alam Indonesia Tbk (ISX:KKGI) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp238.01, compared to a current price of Rp278.00 — trading 16.8% above its estimated fair value. The current E10 is Rp52.89. PT Resource Alam Indonesia Tbk's overall GF Score™ is 68/100 with 6 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 Resource Alam Indonesia Tbk (ISX:KKGI), the current E10 is Rp52.89 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 Resource Alam Indonesia Tbk (ISX:KKGI) Overvalued in 2026?

Based on GuruFocus' analysis, PT Resource Alam Indonesia Tbk stock appears to be overvalued. The current stock price of Rp278.00 is trading 16.8% above its estimated GF Value™ of Rp238.01. GuruFocus considers PT Resource Alam Indonesia Tbk to be Modestly Overvalued.

Key valuation signals for ISX:KKGI:

  • E10: Rp52.89
  • GF Value™: Rp238.01 vs. price of Rp278.00 (16.8% above fair value)
  • GF Score™: 68/100 with 6 warning signs

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


PT Resource Alam Indonesia Tbk Business Description

Address Jalan Pembangunan I No. 3, Bumi Raya Group Building, Central Jakarta, Jakarta, IDN, 10130
PT Resource Alam Indonesia Tbk is an Indonesia-based energy and mining company mainly engaged in coal mining operations. The company has six reportable business segments: Coal, Electricity, Nickel Ore Trade, Mining Services, Property, and Others. It generates the majority of its revenue from the Coal segment.
68GF Score

Get the complete analysis for ISX:KKGI

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

Rp278.00
Price
Rp238.01
GF Value