PT ANTAM (Persero) Tbk (ASX:ATM) Shiller PE Ratio: 23.50 (As of Aug. 31, 2026) — Near Median

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ASX:ATM PT ANTAM (Persero) Tbk ASX:ATM
95 GF Score
Price A$0.94
GF Value A$1.03
Valuation Fairly Valued
! 6 Warning Signs
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What is PT ANTAM (Persero) Tbk Shiller PE Ratio?

PT ANTAM (Persero) Tbk ASX:ATM 95 Shiller PE Ratio is 23.50 as of Aug. 31, 2026, which is 7% above its 10-year median of 21.89. GuruFocus rates ASX:ATM with a GF Score™ of 95/100 and a GF Value™ of A$1.03 (Fairly Valued). The stock has 6 warning signs investors should review. Among 410 Metals & Mining companies, PT ANTAM (Persero) Tbk ranks better than 65.12% on this metric.

As of today (2026-08-31), PT ANTAM (Persero) Tbk's current share price is A$0.94. PT ANTAM (Persero) Tbk's E10 for the quarter that ended in Mar. 2026 was A$0.04. PT ANTAM (Persero) Tbk's Shiller PE Ratio for today is 23.50.

The historical rank and industry rank for PT ANTAM (Persero) Tbk's Shiller PE Ratio or its related term are showing as below:

ASX:ATM' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.63   Med: 21.89   Max: 35
Current: 22.28

During the past years, PT ANTAM (Persero) Tbk's highest Shiller PE Ratio was 35.00. The lowest was 15.63. And the median was 21.89.

ASX:ATM's Shiller PE Ratio is ranked better than
65.12% of 410 companies
in the Metals & Mining industry
Industry Median: 32.045 vs ASX:ATM: 22.28

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

PT ANTAM (Persero) Tbk's adjusted earnings per share data for the three months ended in Mar. 2026 was A$0.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is A$0.04 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT ANTAM (Persero) Tbk  (ASX:ATM) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


PT ANTAM (Persero) Tbk Shiller PE Ratio Related Terms


PT ANTAM (Persero) Tbk Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for PT ANTAM (Persero) Tbk's Shiller PE Ratio 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 ANTAM (Persero) Tbk Shiller PE Ratio Chart

PT ANTAM (Persero) Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 17.15 25.34

PT ANTAM (Persero) Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shiller PE Ratio 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 16.22 26.35 26.39 25.34 24.68

ASX:ATM vs NEM, AU, RGLD: Shiller PE Ratio Comparison

For the Gold subindustry, PT ANTAM (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 ANTAM (Persero) Tbk Shiller PE Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT ANTAM (Persero) Tbk's Shiller PE Ratio distribution charts can be found below:

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


ASX:ATM
95GF Score
PT ANTAM (Persero) Tbk ASX:ATM
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT ANTAM (Persero) Tbk Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

The Shiller PE Ratio 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 ANTAM (Persero) Tbk's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.94/0.04
=23.50

* 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 ANTAM (Persero) Tbk's E10 for the quarter that ended in Mar. 2026 is calculated as:

For example, PT ANTAM (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)
=0.06/136.5387*136.5387
=0.060

Current CPI (Mar. 2026) = 136.5387.

PT ANTAM (Persero) Tbk Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200712 0.000 64.539 0.000
200812 0.000 71.143 0.000
200912 0.000 73.124 0.000
201012 0.000 78.210 0.000
201112 0.000 81.172 0.000
201212 0.000 84.658 0.000
201312 0.000 91.196 0.000
201412 0.000 98.819 0.000
201512 0.000 102.133 0.000
201612 0.000 105.222 0.000
201712 0.000 109.017 0.000
201812 0.000 112.430 0.000
201906 0.000 114.730 0.000
201909 0.001 114.905 0.001
201912 -0.048 115.486 -0.057
202003 -0.006 116.252 -0.007
202006 0.003 116.630 0.004
202009 0.019 116.397 0.022
202012 0.006 117.318 0.007
202103 0.012 117.840 0.014
202106 0.010 118.184 0.012
202109 0.011 118.262 0.013
202112 0.003 119.516 0.003
202203 0.029 120.948 0.033
202206 0.001 123.322 0.001
202209 0.023 125.298 0.025
202212 0.024 126.098 0.026
202303 0.034 126.953 0.037
202306 0.005 127.663 0.005
202309 0.020 128.151 0.021
202312 0.005 129.395 0.005
202403 0.005 130.607 0.005
202406 0.025 130.792 0.026
202409 0.013 130.361 0.014
202412 0.030 131.432 0.031
202503 0.043 131.948 0.044
202506 0.050 133.241 0.051
202509 0.024 133.819 0.024
202512 0.023 135.271 0.023
202603 0.060 136.539 0.060

Add all the adjusted EPS together and divide 10 will get our 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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 23.50 mean?
PT ANTAM (Persero) Tbk (ASX:ATM) has a Shiller PE Ratio of 23.50 as of Aug. 31, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on PT ANTAM (Persero) Tbk and its competitors. This is near median its historical median of 21.89. Over the past decade, PT ANTAM (Persero) Tbk's Shiller PE Ratio has ranged from 15.63 to 35.00. According to the industry distribution chart, PT ANTAM (Persero) Tbk ranks #143 out of 410 companies in the Metals & Mining industry, placing it in the top 34.9%.
Is PT ANTAM (Persero) Tbk's Shiller PE Ratio too high?
PT ANTAM (Persero) Tbk's current Shiller PE Ratio of 23.50 is near median its 10-year median of 21.89. Over the past 10 years, this metric has ranged from a low of 15.63 to a high of 35.00. The Metals & Mining industry median Shiller PE Ratio is 32.05. PT ANTAM (Persero) Tbk's value of 23.50 is 26.7% below this industry median. Based on the distribution chart, PT ANTAM (Persero) Tbk ranks #143 out of 410 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, PT ANTAM (Persero) Tbk has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT ANTAM (Persero) Tbk's Shiller PE Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, PT ANTAM (Persero) Tbk ranks #143 out of 410 companies for Shiller PE Ratio. This puts PT ANTAM (Persero) Tbk in the upper half of its industry. The industry median Shiller PE Ratio is 32.05. PT ANTAM (Persero) Tbk's value of 23.50 is 26.7% below this benchmark. Historically, PT ANTAM (Persero) Tbk's own Shiller PE Ratio has ranged from 15.63 to 35.00 over the past decade. While the company's 10-year median is 21.89 vs. the industry median of 32.05, PT ANTAM (Persero) Tbk has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Metals & Mining company?
The median Shiller PE Ratio among Metals & Mining companies is 32.05, based on 410 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT ANTAM (Persero) Tbk's current Shiller PE Ratio of 23.50 is 26.7% below 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on PT ANTAM (Persero) Tbk and its competitors. For the Metals & Mining industry, the median Shiller PE Ratio is 32.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT ANTAM (Persero) Tbk's current Shiller PE Ratio is 23.50, which is near median its own 10-year median of 21.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT ANTAM (Persero) Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT ANTAM (Persero) Tbk (ASX:ATM) is currently considered Fairly Valued. The stock's GF Value™ is A$1.03, compared to a current price of A$0.94 — trading 8.7% below its estimated fair value. The current Shiller PE Ratio is 23.50, which is near median its 10-year median of 21.89 and 26.7% below the Metals & Mining industry median of 32.05. PT ANTAM (Persero) Tbk's overall GF Score™ is 95/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For PT ANTAM (Persero) Tbk (ASX:ATM), the current Shiller PE Ratio is 23.50 as of Aug. 31, 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 ANTAM (Persero) Tbk (ASX:ATM) Overvalued in 2026?

Based on GuruFocus' analysis, PT ANTAM (Persero) Tbk stock appears to be undervalued. The current stock price of A$0.94 is trading 8.7% below its estimated GF Value™ of A$1.03. GuruFocus considers PT ANTAM (Persero) Tbk to be Fairly Valued.

Key valuation signals for ASX:ATM:

  • Shiller PE Ratio: 23.50 (near median its 10-year median of 21.89)
  • GF Value™: A$1.03 vs. price of A$0.94 (8.7% below fair value)
  • GF Score™: 95/100 with 6 warning signs
  • Industry Position: 26.7% below the Metals & Mining median (#143 of 410)

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


PT ANTAM (Persero) Tbk Business Description

Other Exchanges ANTM:IndonesiaAKTA:Germany
Address Jalan Letjen T.B. Simatupang No. 1, Gedung Aneka Tambang Tower A, Lingkar Selatan, Tanjung Barat, Jakarta, IDN, 12530
ANTAM (Persero) Tbk PT is a vertically integrated, export-oriented, diversified mining and metals company, from upstream to downstream. Its business activities include exploration, excavation, processing through to marketing of nickel ore, ferronickel, gold, silver, and bauxite commodities.
95GF Score

Get the complete analysis for ASX:ATM

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

A$0.94
Price
A$1.03
GF Value