PT Suparma Tbk (ISX:SPMA) E10: Rp31.91 (As of Jun. 2026)

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ISX:SPMA PT Suparma Tbk ISX:SPMA
79 GF Score
Price Rp166.00
GF Value Rp186.16
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is PT Suparma Tbk E10?

PT Suparma Tbk ISX:SPMA +1.22% 79 E10 is Rp31.91 as of Jun. 2026. GuruFocus rates ISX:SPMA with a GF Score™ of 79/100 and a GF Value™ of Rp186.16 (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 Suparma Tbk's adjusted earnings per share data for the three months ended in Jun. 2026 was Rp5.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is Rp31.91 for the trailing ten years ended in Jun. 2026.

During the past 12 months, PT Suparma Tbk's average E10 Growth Rate was 6.50% 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.

As of today (2026-08-17), PT Suparma Tbk's current stock price is Rp166.00. PT Suparma Tbk's E10 for the quarter that ended in Jun. 2026 was Rp31.91. PT Suparma Tbk's Shiller PE Ratio of today is 5.20.

During the past 13 years, the highest Shiller PE Ratio of PT Suparma Tbk was 9.50. The lowest was 4.79. And the median was 6.11.


PT Suparma Tbk  (ISX:SPMA) 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 Suparma Tbk's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=166.00/31.91
=5.20

* 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 Suparma Tbk was 9.50. The lowest was 4.79. And the median was 6.11.


Be Aware

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


PT Suparma Tbk E10 Related Terms


PT Suparma Tbk E10 Historical Data

* Premium members only.

The historical data trend for PT Suparma 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 Suparma Tbk E10 Chart

PT Suparma 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 0.00 27.75 28.31 32.74

PT Suparma Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 29.95 27.73 32.74 31.46 31.91

ISX:SPMA vs SLVM: E10 Comparison

For the Paper & Paper Products subindustry, PT Suparma 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 Suparma Tbk Shiller PE Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, PT Suparma Tbk's Shiller PE Ratio distribution charts can be found below:

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


ISX:SPMA
79GF Score
PT Suparma Tbk ISX:SPMA
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Suparma 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 Suparma Tbk's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=5/137.6954*137.6954
=5.000

Current CPI (Jun. 2026) = 137.6954.

PT Suparma Tbk Quarterly Data

per share eps CPI Adj_EPS
201609 3.070 104.142 4.059
201612 2.380 105.222 3.115
201703 5.157 106.476 6.669
201706 0.000 107.722 0.000
201709 -1.187 108.020 -1.513
201712 6.125 109.017 7.736
201803 2.380 110.097 2.977
201806 2.777 111.085 3.442
201809 0.725 111.135 0.898
201812 9.334 112.430 11.432
201903 7.537 112.829 9.198
201906 5.950 114.730 7.141
201909 4.540 114.905 5.440
201912 4.760 115.486 5.675
202003 -4.760 116.252 -5.638
202006 15.868 116.630 18.734
202009 4.110 116.397 4.862
202012 14.799 117.318 17.369
202103 6.347 117.840 7.416
202106 7.070 118.184 8.237
202109 21.975 118.262 25.586
202112 13.138 119.516 15.136
202203 14.793 120.948 16.841
202206 6.890 123.322 7.693
202209 24.260 125.298 26.660
202212 16.827 126.098 18.375
202303 15.385 126.953 16.687
202306 7.101 127.663 7.659
202309 4.565 128.151 4.905
202312 6.509 129.395 6.927
202403 4.142 130.607 4.367
202406 4.956 130.792 5.218
202409 11.834 130.361 12.500
202412 -1.882 131.432 -1.972
202503 2.469 131.948 2.577
202506 7.483 133.241 7.733
202509 2.882 133.819 2.965
202512 6.982 135.271 7.107
202603 1.923 136.539 1.939
202606 5.000 137.695 5.000

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 Rp31.91 mean?
PT Suparma Tbk (ISX:SPMA) has a E10 of Rp31.91 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PT Suparma Tbk and its competitors.
Is PT Suparma Tbk's E10 too high?
PT Suparma Tbk's current E10 is Rp31.91. Overall, PT Suparma 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 Suparma Tbk's E10 compare to SLVM?
PT Suparma Tbk's E10 of Rp31.91 can be compared against companies in the Forest Products 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 Forest Products company?
A good E10 depends on the Forest Products 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 Suparma Tbk and its competitors. PT Suparma Tbk's current E10 is Rp31.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Suparma Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Suparma Tbk (ISX:SPMA) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp186.16, compared to a current price of Rp166.00 — trading 10.8% below its estimated fair value. The current E10 is Rp31.91. PT Suparma 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 Suparma Tbk (ISX:SPMA), the current E10 is Rp31.91 as of Jun. 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 Suparma Tbk (ISX:SPMA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Suparma Tbk stock appears to be undervalued. The current stock price of Rp166.00 is trading 10.8% below its estimated GF Value™ of Rp186.16. GuruFocus considers PT Suparma Tbk to be Modestly Undervalued.

Key valuation signals for ISX:SPMA:

  • E10: Rp31.91
  • GF Value™: Rp186.16 vs. price of Rp166.00 (10.8% below fair value)
  • GF Score™: 79/100 with 6 warning signs

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


PT Suparma Tbk Business Description

Address Jalan Raya Mastrip, No. 856 Warugunung, Karangpilang, East Java, Surabaya, IDN, 60221
PT Suparma Tbk is an Indonesia-based company that manufactures paper and paper products. The group manufactured paper and paper wrapping products for the industrial and consumer sectors. The firm offers Laminated Wrapping Kraft, Samson Kraft, MG Paper, Coated Duplex Board, Bathroom Tissue, Carrier Tissue, Industrial Roll Towel, Kitchen Towel, and Other products. Geographically, the firm generates the majority of its revenue from the local market.
79GF Score

Get the complete analysis for ISX:SPMA

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

Rp166.00
Price
Rp186.16
GF Value