PT Sinar Mas Agro Resources & Technology Tbk (ISX:SMAR) E10: Rp799.16 (As of Mar. 2026)


ISX:SMAR PT Sinar Mas Agro Resources & Technology Tbk ISX:SMAR
84 GF Score
Price Rp4,750.00
GF Value Rp4,992.78
Valuation Fairly Valued
! 3 Warning Signs
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What is PT Sinar Mas Agro Resources & Technology Tbk E10?

PT Sinar Mas Agro Resources & Technology Tbk ISX:SMAR 84 E10 is Rp799.16 as of Mar. 2026. GuruFocus rates ISX:SMAR with a GF Score™ of 84/100 and a GF Value™ of Rp4,992.78 (Fairly Valued). 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 Sinar Mas Agro Resources & Technology Tbk's adjusted earnings per share data for the three months ended in Mar. 2026 was Rp289.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is Rp799.16 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Sinar Mas Agro Resources & Technology Tbk's average E10 Growth Rate was 19.80% per year. During the past 3 years, the average E10 Growth Rate was 5.10% 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 Sinar Mas Agro Resources & Technology Tbk was 5.10% per year. The lowest was 5.10% per year. And the median was 5.10% per year.

As of today (2026-06-30), PT Sinar Mas Agro Resources & Technology Tbk's current stock price is Rp4750.00. PT Sinar Mas Agro Resources & Technology Tbk's E10 for the quarter that ended in Mar. 2026 was Rp799.16. PT Sinar Mas Agro Resources & Technology Tbk's Shiller PE Ratio of today is 5.94.

During the past 13 years, the highest Shiller PE Ratio of PT Sinar Mas Agro Resources & Technology Tbk was 9.51. The lowest was 4.96. And the median was 6.38.


PT Sinar Mas Agro Resources & Technology Tbk  (ISX:SMAR) 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 Sinar Mas Agro Resources & Technology Tbk's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4750.00/799.16
=5.94

* 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 Sinar Mas Agro Resources & Technology Tbk was 9.51. The lowest was 4.96. And the median was 6.38.


Be Aware

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


PT Sinar Mas Agro Resources & Technology Tbk E10 Related Terms


PT Sinar Mas Agro Resources & Technology Tbk E10 Historical Data

* Premium members only.

The historical data trend for PT Sinar Mas Agro Resources & Technology 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 Sinar Mas Agro Resources & Technology Tbk E10 Chart

PT Sinar Mas Agro Resources & Technology 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 0.00 676.20 672.63 656.10 784.30

PT Sinar Mas Agro Resources & Technology 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 667.00 697.00 758.71 784.30 799.16

ISX:SMAR vs ADM, BG, TSN: E10 Comparison

For the Farm Products subindustry, PT Sinar Mas Agro Resources & Technology 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 Sinar Mas Agro Resources & Technology Tbk Shiller PE Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Sinar Mas Agro Resources & Technology Tbk's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where PT Sinar Mas Agro Resources & Technology Tbk's Shiller PE Ratio falls into.


ISX:SMAR
84GF Score
PT Sinar Mas Agro Resources & Technology Tbk ISX:SMAR
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Sinar Mas Agro Resources & Technology 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 Sinar Mas Agro Resources & Technology 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)
=289/136.5387*136.5387
=289.000

Current CPI (Mar. 2026) = 136.5387.

PT Sinar Mas Agro Resources & Technology Tbk Quarterly Data

per share eps CPI Adj_EPS
201606 609.567 103.212 806.391
201609 76.000 104.142 99.642
201612 58.331 105.222 75.692
201703 123.000 106.476 157.728
201706 59.000 107.722 74.783
201709 38.887 108.020 49.153
201712 190.960 109.017 239.169
201803 28.000 110.097 34.725
201806 -93.744 111.085 -115.225
201809 69.000 111.135 84.773
201812 203.639 112.430 247.306
201903 167.000 112.829 202.094
201906 -67.000 114.730 -79.736
201909 85.000 114.905 101.004
201912 127.728 115.486 151.013
202003 -491.000 116.252 -576.681
202006 495.000 116.630 579.497
202009 71.000 116.397 83.286
202012 460.980 117.318 536.504
202103 87.000 117.840 100.805
202106 262.000 118.184 302.690
202109 275.657 118.262 318.259
202112 359.000 119.516 410.132
202203 317.000 120.948 357.862
202206 353.000 123.322 390.831
202209 578.323 125.298 630.203
202212 666.000 126.098 721.145
202303 86.000 126.953 92.494
202306 12.558 127.663 13.431
202309 82.780 128.151 88.198
202312 137.779 129.395 145.386
202403 62.000 130.607 64.816
202406 85.000 130.792 88.735
202409 213.351 130.361 223.462
202412 84.000 131.432 87.264
202503 47.000 131.948 48.635
202506 240.000 133.241 245.941
202509 269.000 133.819 274.467
202512 343.518 135.271 346.737
202603 289.000 136.539 289.000

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 Rp799.16 mean?
PT Sinar Mas Agro Resources & Technology Tbk (ISX:SMAR) has a E10 of Rp799.16 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PT Sinar Mas Agro Resources & Technology Tbk and its competitors.
Is PT Sinar Mas Agro Resources & Technology Tbk's E10 too high?
PT Sinar Mas Agro Resources & Technology Tbk's current E10 is Rp799.16. Overall, PT Sinar Mas Agro Resources & Technology Tbk has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Sinar Mas Agro Resources & Technology Tbk's E10 compare to ADM and BG?
PT Sinar Mas Agro Resources & Technology Tbk's E10 of Rp799.16 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good E10 depends on the Consumer Packaged Goods 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 Sinar Mas Agro Resources & Technology Tbk and its competitors. PT Sinar Mas Agro Resources & Technology Tbk's current E10 is Rp799.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Sinar Mas Agro Resources & Technology Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Sinar Mas Agro Resources & Technology Tbk (ISX:SMAR) is currently considered Fairly Valued. The stock's GF Value™ is Rp4,992.78, compared to a current price of Rp4,750.00 — trading 4.9% below its estimated fair value. The current E10 is Rp799.16. PT Sinar Mas Agro Resources & Technology Tbk's overall GF Score™ is 84/100 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 Sinar Mas Agro Resources & Technology Tbk (ISX:SMAR), the current E10 is Rp799.16 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 Sinar Mas Agro Resources & Technology Tbk (ISX:SMAR) Overvalued in 2026?

Based on GuruFocus' analysis, PT Sinar Mas Agro Resources & Technology Tbk stock appears to be undervalued. The current stock price of Rp4,750.00 is trading 4.9% below its estimated GF Value™ of Rp4,992.78. GuruFocus considers PT Sinar Mas Agro Resources & Technology Tbk to be Fairly Valued.

Key valuation signals for ISX:SMAR:

  • E10: Rp799.16
  • GF Value™: Rp4,992.78 vs. price of Rp4,750.00 (4.9% below fair value)
  • GF Score™: 84/100 with 3 warning signs

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


PT Sinar Mas Agro Resources & Technology Tbk Business Description

Address Jalan MH Thamrin No. 51, Tower II, 28th-30th Floor, Sinar Mas Land Plaza, Jakarta, IDN, 10350
PT Sinar Mas Agro Resources & Technology Tbk is involved in the business of cultivating and harvesting oil palm trees, extracting fresh fruit bunches into crude palm oil and palm kernel, processing it into value-added products such as cooking oil, margarine, shortening, oleochemicals, and biodiesel. The firm's products include cooking oil, fat, margarine, crude palm oil, palm kernel, cocoa butter substitute, etc. Its scope of activities comprises plantation development, agriculture, trading, refining of plantation products, management services, and research related to the business.
84GF Score

Get the complete analysis for ISX:SMAR

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

Rp4,750.00
Price
Rp4,992.78
GF Value