PT Mulia Industrindo Tbk (ISX:MLIA) E10: Rp38.86 (As of Mar. 2026)


ISX:MLIA PT Mulia Industrindo Tbk ISX:MLIA
59 GF Score
Price Rp242.00
GF Value Rp312.21
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is PT Mulia Industrindo Tbk E10?

PT Mulia Industrindo Tbk ISX:MLIA 59 E10 is Rp38.86 as of Mar. 2026. GuruFocus rates ISX:MLIA with a GF Score™ of 59/100 and a GF Value™ of Rp312.21 (Modestly Undervalued). The stock has 5 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 Mulia Industrindo Tbk's adjusted earnings per share data for the three months ended in Mar. 2026 was Rp-7.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is Rp38.86 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Mulia Industrindo Tbk's average E10 Growth Rate was 7.10% per year. During the past 3 years, the average E10 Growth Rate was 20.10% 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 Mulia Industrindo Tbk was 20.10% per year. The lowest was 20.10% per year. And the median was 20.10% per year.

As of today (2026-06-29), PT Mulia Industrindo Tbk's current stock price is Rp242.00. PT Mulia Industrindo Tbk's E10 for the quarter that ended in Mar. 2026 was Rp38.86. PT Mulia Industrindo Tbk's Shiller PE Ratio of today is 6.23.

During the past 13 years, the highest Shiller PE Ratio of PT Mulia Industrindo Tbk was 26.81. The lowest was 6.07. And the median was 11.78.


PT Mulia Industrindo Tbk  (ISX:MLIA) 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 Mulia Industrindo Tbk's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=242.00/38.86
=6.23

* 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 Mulia Industrindo Tbk was 26.81. The lowest was 6.07. And the median was 11.78.


Be Aware

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


PT Mulia Industrindo Tbk E10 Related Terms


PT Mulia Industrindo Tbk E10 Historical Data

* Premium members only.

The historical data trend for PT Mulia Industrindo 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 Mulia Industrindo Tbk E10 Chart

PT Mulia Industrindo 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 23.66 34.43 36.64 40.95

PT Mulia Industrindo 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 36.28 38.42 42.78 40.95 38.86

ISX:MLIA vs TT, JCI, CARR: E10 Comparison

For the Building Products & Equipment subindustry, PT Mulia Industrindo 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 Mulia Industrindo Tbk Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, PT Mulia Industrindo Tbk's Shiller PE Ratio distribution charts can be found below:

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


ISX:MLIA
59GF Score
PT Mulia Industrindo Tbk ISX:MLIA
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Mulia Industrindo 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 Mulia Industrindo 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)
=-7.08/136.5387*136.5387
=-7.080

Current CPI (Mar. 2026) = 136.5387.

PT Mulia Industrindo Tbk Quarterly Data

per share eps CPI Adj_EPS
201606 -2.038 103.212 -2.696
201609 -15.410 104.142 -20.204
201612 5.545 105.222 7.195
201703 -1.156 106.476 -1.482
201706 -58.750 107.722 -74.467
201709 -5.617 108.020 -7.100
201712 25.874 109.017 32.406
201803 11.400 110.097 14.138
201806 2.332 111.085 2.866
201809 8.718 111.135 10.711
201812 7.279 112.430 8.840
201903 8.698 112.829 10.526
201906 3.086 114.730 3.673
201909 -0.002 114.905 -0.002
201912 7.780 115.486 9.198
202003 -5.960 116.252 -7.000
202006 -3.339 116.630 -3.909
202009 8.698 116.397 10.203
202012 6.449 117.318 7.506
202103 18.864 117.840 21.857
202106 17.220 118.184 19.894
202109 28.866 118.262 33.327
202112 33.660 119.516 38.454
202203 38.520 120.948 43.485
202206 33.893 123.322 37.525
202209 33.738 125.298 36.765
202212 22.891 126.098 24.786
202303 21.010 126.953 22.596
202306 17.750 127.663 18.984
202309 25.474 128.151 27.141
202312 20.810 129.395 21.959
202403 16.000 130.607 16.727
202406 10.249 130.792 10.699
202409 13.589 130.361 14.233
202412 7.189 131.432 7.468
202503 4.090 131.948 4.232
202506 0.305 133.241 0.313
202509 -1.240 133.819 -1.265
202512 -3.850 135.271 -3.886
202603 -7.080 136.539 -7.080

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 Rp38.86 mean?
PT Mulia Industrindo Tbk (ISX:MLIA) has a E10 of Rp38.86 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PT Mulia Industrindo Tbk and its competitors.
Is PT Mulia Industrindo Tbk's E10 too high?
PT Mulia Industrindo Tbk's current E10 is Rp38.86. Overall, PT Mulia Industrindo Tbk has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Mulia Industrindo Tbk's E10 compare to TT and JCI?
PT Mulia Industrindo Tbk's E10 of Rp38.86 can be compared against companies in the Construction 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 Construction company?
A good E10 depends on the Construction 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 Mulia Industrindo Tbk and its competitors. PT Mulia Industrindo Tbk's current E10 is Rp38.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Mulia Industrindo Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Mulia Industrindo Tbk (ISX:MLIA) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp312.21, compared to a current price of Rp242.00 — trading 22.5% below its estimated fair value. The current E10 is Rp38.86. PT Mulia Industrindo Tbk's overall GF Score™ is 59/100 with 5 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 Mulia Industrindo Tbk (ISX:MLIA), the current E10 is Rp38.86 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 Mulia Industrindo Tbk (ISX:MLIA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Mulia Industrindo Tbk stock appears to be undervalued. The current stock price of Rp242.00 is trading 22.5% below its estimated GF Value™ of Rp312.21. GuruFocus considers PT Mulia Industrindo Tbk to be Modestly Undervalued.

Key valuation signals for ISX:MLIA:

  • E10: Rp38.86
  • GF Value™: Rp312.21 vs. price of Rp242.00 (22.5% below fair value)
  • GF Score™: 59/100 with 5 warning signs

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


PT Mulia Industrindo Tbk Business Description

Address Jalan H.R. Rasuna Said Kav, 8th Floor, Atrium Mulia Building, B 10-11 Setiabudi, South Jakarta, Jakarta, IDN, 12910
PT Mulia Industrindo Tbk is an Indonesian company. The company operates in below business segments, namely, Float glass, Safety glass, Glass container, and glass block. The majority of its revenues are derived from its Float glass business unit from the Indonesian market. The group operates in Indonesia, Asia, Australia, Europe, America, and Africa.
59GF Score

Get the complete analysis for ISX:MLIA

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

Rp242.00
Price
Rp312.21
GF Value