PT Surya Toto Indonesia Tbk (ISX:TOTO) E10: Rp24.99 (As of Mar. 2026)


ISX:TOTO PT Surya Toto Indonesia Tbk ISX:TOTO
89 GF Score
Price Rp234.00
GF Value Rp244.99
Valuation Fairly Valued
! 2 Warning Signs
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What is PT Surya Toto Indonesia Tbk E10?

PT Surya Toto Indonesia Tbk ISX:TOTO +0.86% 89 E10 is Rp24.99 as of Mar. 2026. GuruFocus rates ISX:TOTO with a GF Score™ of 89/100 and a GF Value™ of Rp244.99 (Fairly Valued). The stock has 2 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 Surya Toto Indonesia Tbk's adjusted earnings per share data for the three months ended in Mar. 2026 was Rp4.400. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is Rp24.99 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Surya Toto Indonesia Tbk's average E10 Growth Rate was 3.00% 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 (2026-06-28), PT Surya Toto Indonesia Tbk's current stock price is Rp234.00. PT Surya Toto Indonesia Tbk's E10 for the quarter that ended in Mar. 2026 was Rp24.99. PT Surya Toto Indonesia Tbk's Shiller PE Ratio of today is 9.36.

During the past 13 years, the highest Shiller PE Ratio of PT Surya Toto Indonesia Tbk was 11.72. The lowest was 8.10. And the median was 9.30.


PT Surya Toto Indonesia Tbk  (ISX:TOTO) 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 Surya Toto Indonesia Tbk's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=234.00/24.99
=9.36

* 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 Surya Toto Indonesia Tbk was 11.72. The lowest was 8.10. And the median was 9.30.


Be Aware

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


PT Surya Toto Indonesia Tbk E10 Related Terms


PT Surya Toto Indonesia Tbk E10 Historical Data

* Premium members only.

The historical data trend for PT Surya Toto Indonesia 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 Surya Toto Indonesia Tbk E10 Chart

PT Surya Toto Indonesia 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 25.32 24.58 24.92

PT Surya Toto Indonesia 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 24.27 24.34 24.75 24.92 24.99

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

For the Building Products & Equipment subindustry, PT Surya Toto Indonesia 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 Surya Toto Indonesia Tbk Shiller PE Ratio vs Construction Industry

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

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


ISX:TOTO
89GF Score
PT Surya Toto Indonesia Tbk ISX:TOTO
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Surya Toto Indonesia 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 Surya Toto Indonesia 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)
=4.4/136.5387*136.5387
=4.400

Current CPI (Mar. 2026) = 136.5387.

PT Surya Toto Indonesia Tbk Quarterly Data

per share eps CPI Adj_EPS
201606 7.881 103.212 10.426
201609 2.784 104.142 3.650
201612 1.179 105.222 1.530
201703 7.384 106.476 9.469
201706 3.353 107.722 4.250
201709 7.733 108.020 9.775
201712 8.765 109.017 10.978
201803 8.080 110.097 10.021
201806 5.930 111.085 7.289
201809 8.335 111.135 10.240
201812 11.250 112.430 13.662
201903 3.989 112.829 4.827
201906 2.131 114.730 2.536
201909 2.580 114.905 3.066
201912 4.919 115.486 5.816
202003 5.600 116.252 6.577
202006 -6.797 116.630 -7.957
202009 -4.120 116.397 -4.833
202012 2.335 117.318 2.718
202103 1.190 117.840 1.379
202106 1.150 118.184 1.329
202109 2.983 118.262 3.444
202112 9.860 119.516 11.264
202203 8.830 120.948 9.968
202206 6.230 123.322 6.898
202209 6.836 125.298 7.449
202212 8.470 126.098 9.171
202303 7.330 126.953 7.883
202306 4.830 127.663 5.166
202309 5.610 128.151 5.977
202312 5.230 129.395 5.519
202403 5.700 130.607 5.959
202406 4.696 130.792 4.902
202409 8.820 130.361 9.238
202412 10.780 131.432 11.199
202503 8.320 131.948 8.609
202506 8.063 133.241 8.263
202509 8.550 133.819 8.724
202512 9.060 135.271 9.145
202603 4.400 136.539 4.400

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 Rp24.99 mean?
PT Surya Toto Indonesia Tbk (ISX:TOTO) has a E10 of Rp24.99 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PT Surya Toto Indonesia Tbk and its competitors.
Is PT Surya Toto Indonesia Tbk's E10 too high?
PT Surya Toto Indonesia Tbk's current E10 is Rp24.99. Overall, PT Surya Toto Indonesia Tbk has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Surya Toto Indonesia Tbk's E10 compare to TT and JCI?
PT Surya Toto Indonesia Tbk's E10 of Rp24.99 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 Surya Toto Indonesia Tbk and its competitors. PT Surya Toto Indonesia Tbk's current E10 is Rp24.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Surya Toto Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Surya Toto Indonesia Tbk (ISX:TOTO) is currently considered Fairly Valued. The stock's GF Value™ is Rp244.99, compared to a current price of Rp234.00 — trading 4.5% below its estimated fair value. The current E10 is Rp24.99. PT Surya Toto Indonesia Tbk's overall GF Score™ is 89/100 with 2 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 Surya Toto Indonesia Tbk (ISX:TOTO), the current E10 is Rp24.99 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 Surya Toto Indonesia Tbk (ISX:TOTO) Overvalued in 2026?

Based on GuruFocus' analysis, PT Surya Toto Indonesia Tbk stock appears to be undervalued. The current stock price of Rp234.00 is trading 4.5% below its estimated GF Value™ of Rp244.99. GuruFocus considers PT Surya Toto Indonesia Tbk to be Fairly Valued.

Key valuation signals for ISX:TOTO:

  • E10: Rp24.99
  • GF Value™: Rp244.99 vs. price of Rp234.00 (4.5% below fair value)
  • GF Score™: 89/100 with 2 warning signs

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


PT Surya Toto Indonesia Tbk Business Description

Address Jalan Letjen S. Parman Kav. 81, Jakarta, IDN, 11420
PT Surya Toto Indonesia Tbk is an Indonesia-based company engaged in the manufacturing and sale of sanitary ware, fittings, kitchen systems, and other related activities. Its product offerings include closets, washbasins, faucets, showers, kitchen systems, wardrobes, and other related products, marketed under the TOTO brand. The company's operating segments are based on its product categories and include Sanitary, which derives maximum revenue, Fittings, Kitchen systems, and Electrical appliances and accessories. Geographically, it generates maximum revenue from the domestic market and also exports its products to other countries.
89GF Score

Get the complete analysis for ISX:TOTO

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

Rp234.00
Price
Rp244.99
GF Value