PPERF (PT Bank Mandiri (Persero) Tbk) E10: $0.03 (As of Mar. 2026)


PPERF PT Bank Mandiri (Persero) Tbk PPERF
58 GF Score
Price $0.24
GF Value $0.46
Valuation Significantly Undervalued
! 4 Warning Signs
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What is PT Bank Mandiri (Persero) Tbk E10?

PT Bank Mandiri (Persero) Tbk PPERF 58 E10 is $0.03 as of Mar. 2026. GuruFocus rates PPERF with a GF Score™ of 58/100 and a GF Value™ of $0.46 (Significantly Undervalued). The stock has 4 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 Bank Mandiri (Persero) Tbk's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.03 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Bank Mandiri (Persero) Tbk's average E10 Growth Rate was 13.10% per year. During the past 3 years, the average E10 Growth Rate was 11.80% per year. During the past 5 years, the average E10 Growth Rate was 11.40% 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 Bank Mandiri (Persero) Tbk was 12.40% per year. The lowest was 5.90% per year. And the median was 11.30% per year.

As of today (2026-06-26), PT Bank Mandiri (Persero) Tbk's current stock price is $0.2363. PT Bank Mandiri (Persero) Tbk's E10 for the quarter that ended in Mar. 2026 was $0.03. PT Bank Mandiri (Persero) Tbk's Shiller PE Ratio of today is 7.88.

During the past 13 years, the highest Shiller PE Ratio of PT Bank Mandiri (Persero) Tbk was 22.26. The lowest was 7.47. And the median was 14.40.


PT Bank Mandiri (Persero) Tbk  (OTCPK:PPERF) 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 Bank Mandiri (Persero) Tbk's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.2363/0.03
=7.88

* 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 Bank Mandiri (Persero) Tbk was 22.26. The lowest was 7.47. And the median was 14.40.


Be Aware

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


PT Bank Mandiri (Persero) Tbk E10 Related Terms


PT Bank Mandiri (Persero) Tbk E10 Historical Data

* Premium members only.

The historical data trend for PT Bank Mandiri (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 Bank Mandiri (Persero) Tbk E10 Chart

PT Bank Mandiri (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 0.02 0.02 0.02 0.02 0.03

PT Bank Mandiri (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 0.02 0.02 0.02 0.03 0.03

PT Bank Mandiri (Persero) Tbk E10 Competitor Comparison

For the Banks - Regional subindustry, PT Bank Mandiri (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 Bank Mandiri (Persero) Tbk Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, PT Bank Mandiri (Persero) Tbk's Shiller PE Ratio distribution charts can be found below:

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


PPERF
58GF Score
PT Bank Mandiri (Persero) Tbk PPERF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Bank Mandiri (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 Bank Mandiri (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)
=0.01/136.5387*136.5387
=0.010

Current CPI (Mar. 2026) = 136.5387.

PT Bank Mandiri (Persero) Tbk Quarterly Data

per share eps CPI Adj_EPS
201606 0.003 103.212 0.004
201609 0.004 104.142 0.005
201612 0.001 105.222 0.001
201703 0.003 106.476 0.004
201706 0.004 107.722 0.005
201709 0.009 108.020 0.011
201712 0.004 109.017 0.005
201803 0.005 110.097 0.006
201806 0.005 111.085 0.006
201809 0.004 111.135 0.005
201812 0.005 112.430 0.006
201903 0.005 112.829 0.006
201906 0.005 114.730 0.006
201909 0.005 114.905 0.006
201912 0.006 115.486 0.007
202003 0.006 116.252 0.007
202006 0.002 116.630 0.002
202009 0.003 116.397 0.004
202012 0.002 117.318 0.002
202103 0.004 117.840 0.005
202106 0.005 118.184 0.006
202109 0.005 118.262 0.006
202112 0.007 119.516 0.008
202203 0.007 120.948 0.008
202206 0.007 123.322 0.008
202209 0.006 125.298 0.007
202212 0.009 126.098 0.010
202303 0.009 126.953 0.010
202306 0.009 127.663 0.010
202309 0.010 128.151 0.011
202312 0.011 129.395 0.012
202403 0.009 130.607 0.009
202406 0.009 130.792 0.009
202409 0.011 130.361 0.012
202412 0.009 131.432 0.009
202503 0.009 131.948 0.009
202506 0.007 133.241 0.007
202509 0.009 133.819 0.009
202512 0.012 135.271 0.012
202603 0.010 136.539 0.010

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 $0.03 mean?
PT Bank Mandiri (Persero) Tbk (PPERF) has a E10 of $0.03 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PT Bank Mandiri (Persero) Tbk and its competitors.
Is PT Bank Mandiri (Persero) Tbk's E10 too high?
PT Bank Mandiri (Persero) Tbk's current E10 is $0.03. Overall, PT Bank Mandiri (Persero) Tbk has a GF Score™ of 58/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Bank Mandiri (Persero) Tbk's E10 compare to competitors?
PT Bank Mandiri (Persero) Tbk's E10 of $0.03 can be compared against companies in the Banks 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 Banks company?
A good E10 depends on the Banks 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 Bank Mandiri (Persero) Tbk and its competitors. PT Bank Mandiri (Persero) Tbk's current E10 is $0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bank Mandiri (Persero) Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bank Mandiri (Persero) Tbk (PPERF) is currently considered Significantly Undervalued. The stock's GF Value™ is $0.46, compared to a current price of $0.24 — trading 48.6% below its estimated fair value. The current E10 is $0.03. PT Bank Mandiri (Persero) Tbk's overall GF Score™ is 58/100 with 4 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 Bank Mandiri (Persero) Tbk (PPERF), the current E10 is $0.03 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 Bank Mandiri (Persero) Tbk (PPERF) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bank Mandiri (Persero) Tbk stock appears to be undervalued. The current stock price of $0.24 is trading 48.6% below its estimated GF Value™ of $0.46. GuruFocus considers PT Bank Mandiri (Persero) Tbk to be Significantly Undervalued.

Key valuation signals for PPERF:

  • E10: $0.03
  • GF Value™: $0.46 vs. price of $0.24 (48.6% below fair value)
  • GF Score™: 58/100 with 4 warning signs

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


PT Bank Mandiri (Persero) Tbk Business Description

Address Jl. Jenderal Sudirman Kav.54-55, Menara Mandiri 1, Jakarta, IDN, 12190
PT Bank Mandiri (Persero) Tbk is engaged in the provision of banking services. Its services include collecting funds from the public in forms of current accounts, term deposits, deposit certificates, savings, and/or other equivalent forms; Lending; Issuing promissory notes; Purchasing, selling, or guaranteeing on own risk or for the interest of and upon orders of the customers; and money transfer for self- interest or customers' interest. Its segments include the Wholesale segment and the Retail segment. Geographically, it operates in Indonesia, Asia (Singapore, Hong Kong, Timor Leste, Shanghai, Malaysia), Western Europe (United Kingdom), and the Cayman Islands.
58GF Score

Get the complete analysis for PPERF

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

$0.24
Price
$0.46
GF Value