PT Maharaksa Biru Energi Tbk (ISX:OASA) E10: Rp-1.86 (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:OASA PT Maharaksa Biru Energi Tbk ISX:OASA
54 GF Score
Price Rp324.00
GF Value Rp30.05
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is PT Maharaksa Biru Energi Tbk E10?

PT Maharaksa Biru Energi Tbk ISX:OASA -2.99% 54 E10 is Rp-1.86 as of Mar. 2026. GuruFocus rates ISX:OASA with a GF Score™ of 54/100 and a GF Value™ of Rp30.05 (Significantly Overvalued). The stock has 4 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 Maharaksa Biru Energi Tbk's adjusted earnings per share data for the three months ended in Mar. 2026 was Rp-3.730. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is Rp-1.86 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 (2026-07-28), PT Maharaksa Biru Energi Tbk's current stock price is Rp324.00. PT Maharaksa Biru Energi Tbk's E10 for the quarter that ended in Mar. 2026 was Rp-1.86. PT Maharaksa Biru Energi Tbk's Shiller PE Ratio of today is .


PT Maharaksa Biru Energi Tbk  (ISX:OASA) 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.


Be Aware

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


PT Maharaksa Biru Energi Tbk E10 Related Terms


PT Maharaksa Biru Energi Tbk E10 Historical Data

* Premium members only.

The historical data trend for PT Maharaksa Biru Energi 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 Maharaksa Biru Energi Tbk E10 Chart

PT Maharaksa Biru Energi Tbk Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

PT Maharaksa Biru Energi 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 0.00 -1.86

PT Maharaksa Biru Energi Tbk E10 Competitor Comparison

For the Utilities - Renewable subindustry, PT Maharaksa Biru Energi 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 Maharaksa Biru Energi Tbk Shiller PE Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, PT Maharaksa Biru Energi Tbk's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where PT Maharaksa Biru Energi Tbk's Shiller PE Ratio falls into.


ISX:OASA
54GF Score
PT Maharaksa Biru Energi Tbk ISX:OASA
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Maharaksa Biru Energi 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 Maharaksa Biru Energi 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)
=-3.73/136.5387*136.5387
=-3.730

Current CPI (Mar. 2026) = 136.5387.

PT Maharaksa Biru Energi Tbk Quarterly Data

per share eps CPI Adj_EPS
201603 -5.409 102.764 -7.187
201606 10.567 103.212 13.979
201609 -4.066 104.142 -5.331
201703 0.053 106.476 0.068
201706 0.697 107.722 0.883
201709 -0.248 108.020 -0.313
201712 -1.283 109.017 -1.607
201803 0.119 110.097 0.148
201806 -0.021 111.085 -0.026
201809 0.819 111.135 1.006
201812 -1.330 112.430 -1.615
201903 0.586 112.829 0.709
201906 0.000 114.730 0.000
201909 -0.062 114.905 -0.074
201912 -1.572 115.486 -1.859
202003 1.302 116.252 1.529
202006 -0.871 116.630 -1.020
202009 0.114 116.397 0.134
202012 -0.802 117.318 -0.933
202103 0.709 117.840 0.822
202106 -0.084 118.184 -0.097
202109 -0.062 118.262 -0.072
202112 0.144 119.516 0.165
202203 0.133 120.948 0.150
202206 -0.284 123.322 -0.314
202209 -2.622 125.298 -2.857
202212 5.500 126.098 5.955
202303 0.120 126.953 0.129
202306 -0.054 127.663 -0.058
202309 -0.050 128.151 -0.053
202312 0.441 129.395 0.465
202403 0.210 130.607 0.220
202406 -0.030 130.792 -0.031
202409 -0.070 130.361 -0.073
202412 -10.004 131.432 -10.393
202503 -1.270 131.948 -1.314
202506 -1.170 133.241 -1.199
202509 0.339 133.819 0.346
202512 -4.642 135.271 -4.685
202603 -3.730 136.539 -3.730

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 Rp-1.86 mean?
PT Maharaksa Biru Energi Tbk (ISX:OASA) has a E10 of Rp-1.86 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PT Maharaksa Biru Energi Tbk and its competitors.
Is PT Maharaksa Biru Energi Tbk's E10 too high?
PT Maharaksa Biru Energi Tbk's current E10 is Rp-1.86. Overall, PT Maharaksa Biru Energi Tbk has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Maharaksa Biru Energi Tbk's E10 compare to competitors?
PT Maharaksa Biru Energi Tbk's E10 of Rp-1.86 can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good E10 depends on the Utilities - Independent Power Producers 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 Maharaksa Biru Energi Tbk and its competitors. PT Maharaksa Biru Energi Tbk's current E10 is Rp-1.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Maharaksa Biru Energi Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Maharaksa Biru Energi Tbk (ISX:OASA) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp30.05, compared to a current price of Rp324.00 — trading 978.2% above its estimated fair value. The current E10 is Rp-1.86. PT Maharaksa Biru Energi Tbk's overall GF Score™ is 54/100 with 4 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 Maharaksa Biru Energi Tbk (ISX:OASA), the current E10 is Rp-1.86 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 Maharaksa Biru Energi Tbk (ISX:OASA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Maharaksa Biru Energi Tbk stock appears to be overvalued. The current stock price of Rp324.00 is trading 978.2% above its estimated GF Value™ of Rp30.05. GuruFocus considers PT Maharaksa Biru Energi Tbk to be Significantly Overvalued.

Key valuation signals for ISX:OASA:

  • E10: Rp-1.86
  • GF Value™: Rp30.05 vs. price of Rp324.00 (978.2% above fair value)
  • GF Score™: 54/100 with 4 warning signs

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


PT Maharaksa Biru Energi Tbk Business Description

Address Jalan Jenderal Sudirman kav. 52-53, Treasury Tower, 15th Floor, Suite A-B-M-N, District 8, South Jakarta, Jakarta, IDN, 12190
PT Maharaksa Biru Energi Tbk Operates business activities in clean energy processing and supporting technology. Namely, renewable, bio-industry, waste management, and smart technology. The company's operating segments are Construction Services, which generate maximum revenue, Sales of Goods, and Installation, Consulting Management, and Maintenance Services.
54GF Score

Get the complete analysis for ISX:OASA

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

Rp324.00
Price
Rp30.05
GF Value