PTrana Menara Nusantara Tbk (ISX:TOWR) E10: Rp64.59 (As of Mar. 2026)


ISX:TOWR PT Sarana Menara Nusantara Tbk ISX:TOWR
87 GF Score
Price Rp372.00
GF Value Rp697.97
Valuation Possible Value Trap
! 5 Warning Signs
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What is PTrana Menara Nusantara Tbk E10?

PTrana Menara Nusantara Tbk ISX:TOWR +1.09% 87 E10 is Rp64.59 as of Mar. 2026. GuruFocus rates ISX:TOWR with a GF Score™ of 87/100 and a GF Value™ of Rp697.97 (Possible Value Trap). The stock has 5 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.

PTrana Menara Nusantara Tbk's adjusted earnings per share data for the three months ended in Mar. 2026 was Rp16.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is Rp64.59 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PTrana Menara Nusantara Tbk's average E10 Growth Rate was 2.80% per year. During the past 3 years, the average E10 Growth Rate was 8.00% 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 PTrana Menara Nusantara Tbk was 14.60% per year. The lowest was 8.00% per year. And the median was 14.00% per year.

As of today (2026-07-12), PTrana Menara Nusantara Tbk's current stock price is Rp372.00. PTrana Menara Nusantara Tbk's E10 for the quarter that ended in Mar. 2026 was Rp64.59. PTrana Menara Nusantara Tbk's Shiller PE Ratio of today is 5.76.

During the past 13 years, the highest Shiller PE Ratio of PTrana Menara Nusantara Tbk was 36.25. The lowest was 5.11. And the median was 17.66.


PTrana Menara Nusantara Tbk  (ISX:TOWR) 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.

PTrana Menara Nusantara Tbk's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=372.00/64.59
=5.76

* 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 PTrana Menara Nusantara Tbk was 36.25. The lowest was 5.11. And the median was 17.66.


Be Aware

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


PTrana Menara Nusantara Tbk E10 Related Terms


PTrana Menara Nusantara Tbk E10 Historical Data

* Premium members only.

The historical data trend for PTrana Menara Nusantara 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.

PTrana Menara Nusantara Tbk E10 Chart

PTrana Menara Nusantara 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 42.33 50.67 58.06 62.71 63.75

PTrana Menara Nusantara 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 62.81 63.80 64.51 63.75 64.59

ISX:TOWR vs CBRE, BEKE, JLL: E10 Comparison

For the Real Estate Services subindustry, PTrana Menara Nusantara 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.


PTrana Menara Nusantara Tbk Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PTrana Menara Nusantara Tbk's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where PTrana Menara Nusantara Tbk's Shiller PE Ratio falls into.


ISX:TOWR
87GF Score
PT Sarana Menara Nusantara Tbk ISX:TOWR
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PTrana Menara Nusantara 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, PTrana Menara Nusantara 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)
=16/136.5387*136.5387
=16.000

Current CPI (Mar. 2026) = 136.5387.

PTrana Menara Nusantara Tbk Quarterly Data

per share eps CPI Adj_EPS
201606 15.800 103.212 20.902
201609 19.200 104.142 25.173
201612 -3.409 105.222 -4.424
201703 11.000 106.476 14.106
201706 10.000 107.722 12.675
201709 10.417 108.020 13.167
201712 9.000 109.017 11.272
201803 10.000 110.097 12.402
201806 10.996 111.085 13.516
201809 12.000 111.135 14.743
201812 9.731 112.430 11.818
201903 9.000 112.829 10.891
201906 10.263 114.730 12.214
201909 11.000 114.905 13.071
201912 14.838 115.486 17.543
202003 10.000 116.252 11.745
202006 15.582 116.630 18.242
202009 12.082 116.397 14.173
202012 18.577 117.318 21.621
202103 16.000 117.840 18.539
202106 17.897 118.184 20.677
202109 17.870 118.262 20.632
202112 17.000 119.516 19.421
202203 17.000 120.948 19.191
202206 17.000 123.322 18.822
202209 17.000 125.298 18.525
202212 18.000 126.098 19.490
202303 15.000 126.953 16.133
202306 14.000 127.663 14.973
202309 22.000 128.151 23.440
202312 14.000 129.395 14.773
202403 16.000 130.607 16.727
202406 16.000 130.792 16.703
202409 17.000 130.361 17.806
202412 18.000 131.432 18.699
202503 16.000 131.948 16.557
202506 17.000 133.241 17.421
202509 16.000 133.819 16.325
202512 20.000 135.271 20.187
202603 16.000 136.539 16.000

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 Rp64.59 mean?
PTrana Menara Nusantara Tbk (ISX:TOWR) has a E10 of Rp64.59 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PTrana Menara Nusantara Tbk and its competitors.
Is PTrana Menara Nusantara Tbk's E10 too high?
PTrana Menara Nusantara Tbk's current E10 is Rp64.59. Overall, PTrana Menara Nusantara Tbk has a GF Score™ of 87/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PTrana Menara Nusantara Tbk's E10 compare to CBRE and BEKE?
PTrana Menara Nusantara Tbk's E10 of Rp64.59 can be compared against companies in the Real Estate 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 Real Estate company?
A good E10 depends on the Real Estate 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 PTrana Menara Nusantara Tbk and its competitors. PTrana Menara Nusantara Tbk's current E10 is Rp64.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PTrana Menara Nusantara Tbk stock overvalued right now?
Based on GuruFocus' analysis, PTrana Menara Nusantara Tbk (ISX:TOWR) is currently considered Possible Value Trap. The stock's GF Value™ is Rp697.97, compared to a current price of Rp372.00 — trading 46.7% below its estimated fair value. The current E10 is Rp64.59. PTrana Menara Nusantara Tbk's overall GF Score™ is 87/100 with 5 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 PTrana Menara Nusantara Tbk (ISX:TOWR), the current E10 is Rp64.59 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 PTrana Menara Nusantara Tbk (ISX:TOWR) Overvalued in 2026?

Based on GuruFocus' analysis, PTrana Menara Nusantara Tbk stock appears to be undervalued. The current stock price of Rp372.00 is trading 46.7% below its estimated GF Value™ of Rp697.97. GuruFocus considers PTrana Menara Nusantara Tbk to be Possible Value Trap.

Key valuation signals for ISX:TOWR:

  • E10: Rp64.59
  • GF Value™: Rp697.97 vs. price of Rp372.00 (46.7% below fair value)
  • GF Score™: 87/100 with 5 warning signs

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


PTrana Menara Nusantara Tbk Business Description

Other Exchanges SMNUF:USA
Address Jalan Jenderal Ahmad Yani No. 19A, Kudus, IDN
PT Sarana Menara Nusantara Tbk is an investment company. The company's main business focus is to invest in companies engaged in operating telecommunication tower locations for lease to wireless communication companies. The business segments of the company include Tower lease and Non-Tower (VSAT service, and Wireline). The majority of the company's revenue is generated from the Tower Lease segment.
87GF Score

Get the complete analysis for ISX:TOWR

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

Rp372.00
Price
Rp697.97
GF Value