PT Bukit Asam (Persero) Tbk (ISX:PTBA) E10: Rp538.27 (As of Mar. 2026)


ISX:PTBA PT Bukit Asam (Persero) Tbk ISX:PTBA
79 GF Score
Price Rp2,360.00
GF Value Rp2,820.19
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is PT Bukit Asam (Persero) Tbk E10?

PT Bukit Asam (Persero) Tbk ISX:PTBA -0.42% 79 E10 is Rp538.27 as of Mar. 2026. GuruFocus rates ISX:PTBA with a GF Score™ of 79/100 and a GF Value™ of Rp2,820.19 (Modestly Undervalued). 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 Bukit Asam (Persero) Tbk's adjusted earnings per share data for the three months ended in Mar. 2026 was Rp70.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is Rp538.27 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Bukit Asam (Persero) Tbk's average E10 Growth Rate was 4.30% per year. During the past 3 years, the average E10 Growth Rate was 6.00% per year. During the past 5 years, the average E10 Growth Rate was 11.50% 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 Bukit Asam (Persero) Tbk was 15.50% per year. The lowest was 5.10% per year. And the median was 11.80% per year.

As of today (2026-06-28), PT Bukit Asam (Persero) Tbk's current stock price is Rp2360.00. PT Bukit Asam (Persero) Tbk's E10 for the quarter that ended in Mar. 2026 was Rp538.27. PT Bukit Asam (Persero) Tbk's Shiller PE Ratio of today is 4.38.

During the past 13 years, the highest Shiller PE Ratio of PT Bukit Asam (Persero) Tbk was 14.71. The lowest was 4.27. And the median was 6.77.


PT Bukit Asam (Persero) Tbk  (ISX:PTBA) 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 Bukit Asam (Persero) Tbk's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2360.00/538.27
=4.38

* 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 Bukit Asam (Persero) Tbk was 14.71. The lowest was 4.27. And the median was 6.77.


Be Aware

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


PT Bukit Asam (Persero) Tbk E10 Related Terms


PT Bukit Asam (Persero) Tbk E10 Historical Data

* Premium members only.

The historical data trend for PT Bukit Asam (Persero) 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 Bukit Asam (Persero) Tbk E10 Chart

PT Bukit Asam (Persero) 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 352.59 445.02 486.68 515.00 530.39

PT Bukit Asam (Persero) 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 516.21 519.49 517.93 530.39 538.27

PT Bukit Asam (Persero) Tbk E10 Competitor Comparison

For the Thermal Coal subindustry, PT Bukit Asam (Persero) 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 Bukit Asam (Persero) Tbk Shiller PE Ratio vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Bukit Asam (Persero) Tbk's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where PT Bukit Asam (Persero) Tbk's Shiller PE Ratio falls into.


ISX:PTBA
79GF Score
PT Bukit Asam (Persero) Tbk ISX:PTBA
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Bukit Asam (Persero) 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 Bukit Asam (Persero) 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)
=70/136.5387*136.5387
=70.000

Current CPI (Mar. 2026) = 136.5387.

PT Bukit Asam (Persero) Tbk Quarterly Data

per share eps CPI Adj_EPS
201606 35.000 103.212 46.301
201609 31.400 104.142 41.168
201612 90.552 105.222 117.503
201703 83.000 106.476 106.435
201706 80.935 107.722 102.586
201709 85.000 108.020 107.441
201712 175.573 109.017 219.897
201803 138.000 110.097 171.144
201806 114.000 111.085 140.122
201809 121.000 111.135 148.659
201812 104.000 112.430 126.301
201903 110.000 112.829 133.116
201906 77.000 114.730 91.637
201909 93.000 114.905 110.510
201912 85.397 115.486 100.965
202003 81.000 116.252 95.135
202006 34.000 116.630 39.804
202009 40.000 116.397 46.922
202012 58.000 117.318 67.502
202103 45.000 117.840 52.141
202106 114.000 118.184 131.705
202109 267.000 118.262 308.264
202112 276.000 119.516 315.310
202203 198.000 120.948 223.523
202206 338.000 123.322 374.223
202209 335.000 125.298 365.052
202212 223.000 126.098 241.465
202303 101.000 126.953 108.627
202306 141.000 127.663 150.803
202309 87.000 128.151 92.694
202312 203.000 129.395 214.208
202403 69.000 130.607 72.134
202406 108.000 130.792 112.746
202409 104.000 130.361 108.929
202412 163.000 131.432 169.334
202503 34.000 131.948 35.183
202506 38.000 133.241 38.941
202509 49.000 133.819 49.996
202512 133.000 135.271 134.246
202603 70.000 136.539 70.000

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 Rp538.27 mean?
PT Bukit Asam (Persero) Tbk (ISX:PTBA) has a E10 of Rp538.27 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PT Bukit Asam (Persero) Tbk and its competitors.
Is PT Bukit Asam (Persero) Tbk's E10 too high?
PT Bukit Asam (Persero) Tbk's current E10 is Rp538.27. Overall, PT Bukit Asam (Persero) Tbk has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Bukit Asam (Persero) Tbk's E10 compare to competitors?
PT Bukit Asam (Persero) Tbk's E10 of Rp538.27 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 Bukit Asam (Persero) Tbk and its competitors. PT Bukit Asam (Persero) Tbk's current E10 is Rp538.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bukit Asam (Persero) Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bukit Asam (Persero) Tbk (ISX:PTBA) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp2,820.19, compared to a current price of Rp2,360.00 — trading 16.3% below its estimated fair value. The current E10 is Rp538.27. PT Bukit Asam (Persero) Tbk's overall GF Score™ is 79/100 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 Bukit Asam (Persero) Tbk (ISX:PTBA), the current E10 is Rp538.27 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 Bukit Asam (Persero) Tbk (ISX:PTBA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bukit Asam (Persero) Tbk stock appears to be undervalued. The current stock price of Rp2,360.00 is trading 16.3% below its estimated GF Value™ of Rp2,820.19. GuruFocus considers PT Bukit Asam (Persero) Tbk to be Modestly Undervalued.

Key valuation signals for ISX:PTBA:

  • E10: Rp538.27
  • GF Value™: Rp2,820.19 vs. price of Rp2,360.00 (16.3% below fair value)
  • GF Score™: 79/100 with 6 warning signs

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


PT Bukit Asam (Persero) Tbk Business Description

Address Jalan Parigi No. 1, Tanjung Enim, Muara Enim, South Sumatra, 5d356, Palembang, IDN, 31716
PT Bukit Asam (Persero) Tbk operates in Indonesia's energy sector, managing coal reserves and producing coal for domestic and export markets. The operations of the company include logistics and infrastructure for coal distribution via dedicated routes and railways, downstream processing of coal for power generation and derivative products, and development of renewable energy projects, including solar power (PV) and biomass.
79GF Score

Get the complete analysis for ISX:PTBA

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

Rp2,360.00
Price
Rp2,820.19
GF Value