GGNPF (PT Gudang Garam Tbk) Shiller PE Ratio: (As of Sep. 21, 2026)

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GGNPF PT Gudang Garam Tbk GGNPF
66 GF Score
Price $0.90
GF Value $0.64
! 5 Warning Signs
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What is PT Gudang Garam Tbk Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Gudang Garam Tbk  (OTCPK:GGNPF) 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 Gudang Garam Tbk Shiller PE Ratio Related Terms


PT Gudang Garam Tbk Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for PT Gudang Garam 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 Gudang Garam Tbk Shiller PE Ratio Chart

PT Gudang Garam 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 6.97 3.86 4.53 4.28 3.63

PT Gudang Garam Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.23 2.27 3.58 3.61 3.93

GGNPF vs PM, MO, TPB: Shiller PE Ratio Comparison

For the Tobacco subindustry, PT Gudang Garam 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 Gudang Garam Tbk Shiller PE Ratio vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, PT Gudang Garam Tbk's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where PT Gudang Garam Tbk's Shiller PE Ratio falls into.


GGNPF
66GF Score
PT Gudang Garam Tbk GGNPF
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Gudang Garam 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 Gudang Garam Tbk's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, PT Gudang Garam Tbk's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.0427/137.6954*137.6954
=0.043

Current CPI (Jun. 2026) = 137.6954.

PT Gudang Garam Tbk Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.069 104.142 0.091
201612 0.082 105.222 0.107
201703 0.074 106.476 0.095
201706 0.048 107.722 0.062
201709 0.089 108.020 0.114
201712 0.090 109.017 0.113
201803 0.072 110.097 0.091
201806 0.062 111.085 0.077
201809 0.079 111.135 0.097
201812 0.071 112.430 0.087
201903 0.087 112.829 0.106
201906 0.070 114.730 0.084
201909 0.109 114.905 0.131
201912 0.134 115.486 0.160
202003 0.089 116.252 0.106
202006 0.048 116.630 0.056
202009 0.065 116.397 0.077
202012 0.073 117.318 0.085
202103 0.064 117.840 0.075
202106 0.022 118.184 0.026
202109 0.066 118.262 0.077
202112 0.054 119.516 0.062
202203 0.039 120.948 0.044
202206 -0.004 123.322 -0.005
202209 0.019 125.298 0.021
202212 0.043 126.098 0.047
202303 0.067 126.953 0.073
202306 0.046 127.663 0.050
202309 0.040 128.151 0.043
202312 0.029 129.395 0.031
202403 0.020 130.607 0.021
202406 0.011 130.792 0.011
202409 0.002 130.361 0.002
202412 -0.000 131.432 -0.000
202503 0.003 131.948 0.003
202506 0.000 133.241 0.000
202509 0.031 133.819 0.032
202512 0.014 135.271 0.014
202603 0.047 136.539 0.048
202606 0.043 137.695 0.043

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.

Is PT Gudang Garam Tbk (GGNPF) Overvalued in 2026?

Based on GuruFocus' analysis, PT Gudang Garam Tbk stock appears to be overvalued. The current stock price of $0.90 is trading 40.9% above its estimated GF Value™ of $0.64.

Key valuation signals for GGNPF:

  • Shiller PE Ratio:
  • GF Value™: $0.64 vs. price of $0.90 (40.9% above fair value)
  • GF Score™: 66/100 with 5 warning signs

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


PT Gudang Garam Tbk Business Description

Address Jalan Semampir II/1, East Java, Kediri, IDN, 64121
PT Gudang Garam Tbk manufactures kretek cigarettes, which are clove cigarettes common in Indonesia. The firm's operations are almost entirely domestic, with its tobacco and clove farmers. Nearly majority of the company's sales are generated in Indonesia. The company's brand families include Gudang Garam, Merah, and others. Other brands include Sriwedari, which is a hand-rolled brand, and Klobot. The company's segment includes Cigarettes, Paperboard, Infrastructure, and Others. The company generates the majority of revenue from sale of Cigarettes.
66GF Score

Get the complete analysis for GGNPF

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

$0.90
Price
$0.64
GF Value