PT Star Pacific Tbk (ISX:LPLI) Owner Earnings per Share (TTM): 468.82 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ISX:LPLI PT Star Pacific Tbk ISX:LPLI
63 GF Score
Price Rp244.00
GF Value Rp170.58
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is PT Star Pacific Tbk Owner Earnings per Share (TTM)?

PT Star Pacific Tbk ISX:LPLI -0.81% 63 Owner Earnings per Share (TTM) is 468.82 as of Jun. 2026. GuruFocus rates ISX:LPLI with a GF Score™ of 63/100 and a GF Value™ of Rp170.58 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 786 Real Estate companies, PT Star Pacific Tbk ranks better than 97.2% on this metric.

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

PT Star Pacific Tbk's Owner Earnings per Share (TTM) ended in Jun. 2026 was Rp468.82. It's Price-to-Owner-Earnings ratio for today is 0.52.


The historical rank and industry rank for PT Star Pacific Tbk's Owner Earnings per Share (TTM) or its related term are showing as below:

ISX:LPLI' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 0.33   Med: 1.14   Max: 8.9
Current: 0.52


During the past 13 years, the highest Price-to-Owner-Earnings ratio of PT Star Pacific Tbk was 8.90. The lowest was 0.33. And the median was 1.14.


ISX:LPLI's Price-to-Owner-Earnings is ranked better than
97.2% of 786 companies
in the Real Estate industry
Industry Median: 9.59 vs ISX:LPLI: 0.52

PT Star Pacific Tbk's Earnings per Share (Diluted) for the three months ended in Jun. 2026 was Rp-84.38. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was Rp468.90. It's PE Ratio (TTM) ratio for today is 0.52.

PT Star Pacific Tbk's EPS without NRI for the three months ended in Jun. 2026 was Rp-22.54. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2026 was Rp18.62. It's PE Ratio without NRI ratio for today is 13.10.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


PT Star Pacific Tbk Owner Earnings per Share (TTM) Related Terms


PT Star Pacific Tbk Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for PT Star Pacific Tbk's Owner Earnings per Share (TTM) 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 Star Pacific Tbk Owner Earnings per Share (TTM) Chart

PT Star Pacific Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 211.92 33.96 271.80 34.60 730.74

PT Star Pacific Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Owner Earnings per Share (TTM) 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 153.61 285.80 730.74 704.69 468.82

ISX:LPLI vs CBRE, BEKE, JLL: Owner Earnings per Share (TTM) Comparison

For the Real Estate Services subindustry, PT Star Pacific Tbk's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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 Star Pacific Tbk Price-to-Owner-Earnings vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Star Pacific Tbk's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where PT Star Pacific Tbk's Price-to-Owner-Earnings falls into.


ISX:LPLI
63GF Score
PT Star Pacific Tbk ISX:LPLI
Owner Earnings per Share (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Star Pacific Tbk Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

PT Star Pacific Tbk's Owner Earnings per Share (TTM) Calculation:

TTM / Last Quarter Average of Last 20 Quarters
Net Income 548,817
Depreciation, Depletion and Amortization 18
Change In Deferred Tax 0
5Y Average of Maintenance Capital Expenditure 116
Change In Working Capital 0
Shares Outstanding (Diluted Average) 1,170

1. Start with "Net Income" from income statement. PT Star Pacific Tbk's Net Income for the trailing twelve months (TTM) ended in Jun. 2026 was Rp548,817 Mil.

2. "Depreciation, Depletion and Amortization" is from cashflow statement. PT Star Pacific Tbk's Depreciation, Depletion and Amortization for the trailing twelve months (TTM) ended in Jun. 2026 was Rp18 Mil. This needs to be added back because company does not actually need to pay cash for it. It is a non-cash item.

3. Other non-cash charges usually include "Stock Based Compensation" and "Change In Deferred Tax":
However, to be conservative, GuruFocus will not add Stock Based Compensation back to net income. PT Star Pacific Tbk's Change In Deferred Tax for the trailing twelve months (TTM) ended in Jun. 2026 was Rp0 Mil.

4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = Rp116 Mil

It is usually best to take a long-term average of maintenance capital expenditure. Ideally this would be as long as 10 years and include at least one economic downturn. However, since many companies do not have as long as 10-year history, here GuruFocus uses the latest 5 years data to do the calculation. To smooth out unusual years but reflect recent developments, we take an average of the 5 year maintenance capital expenditure.

The following shows how to get maintenance capital expenditure.

First, calculate the revenue change regarding to the previous quarter. If the revenue decreased from the previous quarter, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
Second, if the revenue increased from the previous quarter, then calculate the percentage of Net PPE as of corresponding Revenue.
Growth Capital Expenditure = Percentage of Property, Plant and Equipment as of corresponding Revenue * Revenue Increase
Third, calculate Capital Expenditure (positive) - Growth Capital Expenditure.
If [Capital Expenditure (positive) - Growth Capital Expenditure] was negative, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
If [Capital Expenditure (positive) - Growth Capital Expenditure] was positive, then the Maintenance Capital Expenditure = Capital Expenditure (positive) - Growth Capital Expenditure.
Fourth, get the average of the 5 years maintenance capital expenditure.

PT Star Pacific Tbk's 5-Year Average Maintenance Capital Expenditure = Rp116 Mil

5. "Change In Working Capital" is from cashflow statement. PT Star Pacific Tbk's Change In Working Capital for the trailing twelve months (TTM) ended in Jun. 2026 was Rp0 Mil.
Note: GuruFocus' Change in Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And sometimes it includes non-current parts of assets and liabilities.

6. PT Star Pacific Tbk's Shares Outstanding (Diluted Average) for the months ended in Jun. 2026 was 1170.433 Mil.

PT Star Pacific Tbk's Onwer Earnings Per Share for Jun. 2026 is calculated as:

Owner Earnings per Share (TTM)
=( Net Income+Depreciation, Depletion and Amortization+Change In Deferred Tax
=( 548817 +18+0
-5Y Avg of Maintenance CAPEX+Change In Working Capital )/Shares Outstanding (Diluted Average)
-115.6974590438+0)/1170.433
=468.82

Price-to-Owner-Earnings=Current Price/Owner Earnings per Share (TTM)
=244.00/468.82
=0.52

* 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.

What does a Owner Earnings per Share (TTM) of 468.82 mean?
PT Star Pacific Tbk (ISX:LPLI) has a Owner Earnings per Share (TTM) of 468.82 as of Jun. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on PT Star Pacific Tbk. According to the industry distribution chart, PT Star Pacific Tbk ranks #22 out of 786 companies in the Real Estate industry, placing it in the top 2.8%.
Is PT Star Pacific Tbk's Owner Earnings per Share (TTM) too high?
PT Star Pacific Tbk's current Owner Earnings per Share (TTM) is 468.82. The Real Estate industry median Owner Earnings per Share (TTM) is 9.59. PT Star Pacific Tbk's value of 468.82 is 4788.6% above this industry median. Based on the distribution chart, PT Star Pacific Tbk ranks #22 out of 786 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, PT Star Pacific Tbk has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Star Pacific Tbk's Owner Earnings per Share (TTM) compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, PT Star Pacific Tbk ranks #22 out of 786 companies for Owner Earnings per Share (TTM). This places PT Star Pacific Tbk in the top 3% of its industry — outperforming the majority of peers. The industry median Owner Earnings per Share (TTM) is 9.59. PT Star Pacific Tbk's value of 468.82 is 4788.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Owner Earnings per Share (TTM) for a Real Estate company?
The median Owner Earnings per Share (TTM) among Real Estate companies is 9.59, based on 786 companies in the industry. Companies in the top quartile (top 25%) have a Owner Earnings per Share (TTM) significantly above this median, while those in the bottom quartile fall well below. However, Owner Earnings per Share (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Star Pacific Tbk's current Owner Earnings per Share (TTM) of 468.82 is 4788.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Owner Earnings per Share (TTM) mean?
A high Owner Earnings per Share (TTM) can signal that a stock is expensive relative to its fundamentals. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on PT Star Pacific Tbk. For the Real Estate industry, the median Owner Earnings per Share (TTM) is 9.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Star Pacific Tbk's current Owner Earnings per Share (TTM) is 468.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Star Pacific Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Star Pacific Tbk (ISX:LPLI) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp170.58, compared to a current price of Rp244.00 — trading 43% above its estimated fair value. The current Owner Earnings per Share (TTM) is 468.82 and 4788.6% above the Real Estate industry median of 9.59. PT Star Pacific Tbk's overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Owner Earnings per Share (TTM) calculated?
Owner Earnings per Share (TTM) is calculated from a company's financial statements. For PT Star Pacific Tbk (ISX:LPLI), the current Owner Earnings per Share (TTM) is 468.82 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 Star Pacific Tbk (ISX:LPLI) Overvalued in 2026?

Based on GuruFocus' analysis, PT Star Pacific Tbk stock appears to be overvalued. The current stock price of Rp244.00 is trading 43% above its estimated GF Value™ of Rp170.58. GuruFocus considers PT Star Pacific Tbk to be Significantly Overvalued.

Key valuation signals for ISX:LPLI:

  • Owner Earnings per Share (TTM): 468.82
  • GF Value™: Rp170.58 vs. price of Rp244.00 (43% above fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 4788.6% above the Real Estate median (#22 of 786)

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


PT Star Pacific Tbk Business Description

Other Exchanges LPL2:Germany
Address Jalan Boulevard Palem Raya No. 7, 2nd Floor, Menara Matahari, Lippo Karawaci, Banten, Tangerang, IDN, 15810
PT Star Pacific Tbk is engaged in investment and the leasing of investment property owned by the company. The company operates in three segments: Investment, self-owned or rented real estate, Mass Media, and Others. The Investment, self-owned or rented real estate segment of the company, derives the majority of revenue. The company's income can be divided into two parts, namely rental income and investment income. The company's rental income comes from office space in buildings owned by the company.
63GF Score

Get the complete analysis for ISX:LPLI

Owner Earnings per Share (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp244.00
Price
Rp170.58
GF Value