PT Calculus Global Ventures Tbk (ISX:STAR) Shiller PE Ratio: 290.47 (As of Sep. 16, 2026) — Near Median

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ISX:STAR PT Calculus Global Ventures Tbk ISX:STAR
59 GF Score
Price Rp384.00
GF Value Rp119.44
Valuation Significantly Overvalued
! 1 Warning Sign
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What is PT Calculus Global Ventures Tbk Shiller PE Ratio?

PT Calculus Global Ventures Tbk ISX:STAR +3.78% 59 Shiller PE Ratio is 290.47 as of Sep. 16, 2026, which is 9% above its 10-year median of 266.67. GuruFocus rates ISX:STAR with a GF Score™ of 59/100 and a GF Value™ of Rp119.44 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 786 Asset Management companies, PT Calculus Global Ventures Tbk ranks worse than 99.24% on this metric.

As of today (2026-09-16), PT Calculus Global Ventures Tbk's current share price is Rp384.00. PT Calculus Global Ventures Tbk's E10 for the quarter that ended in Jun. 2026 was Rp1.32. PT Calculus Global Ventures Tbk's Shiller PE Ratio for today is 290.47.

The historical rank and industry rank for PT Calculus Global Ventures Tbk's Shiller PE Ratio or its related term are showing as below:

ISX:STAR' s Shiller PE Ratio Range Over the Past 10 Years
Min: 27.54   Med: 266.67   Max: 690.27
Current: 284.87

During the past years, PT Calculus Global Ventures Tbk's highest Shiller PE Ratio was 690.27. The lowest was 27.54. And the median was 266.67.

ISX:STAR's Shiller PE Ratio is ranked worse than
99.24% of 786 companies
in the Asset Management industry
Industry Median: 12.805 vs ISX:STAR: 284.87

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 Calculus Global Ventures Tbk's adjusted earnings per share data for the three months ended in Jun. 2026 was Rp0.808. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is Rp1.32 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Calculus Global Ventures Tbk  (ISX:STAR) 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 Calculus Global Ventures Tbk Shiller PE Ratio Related Terms


PT Calculus Global Ventures Tbk Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for PT Calculus Global Ventures 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 Calculus Global Ventures Tbk Shiller PE Ratio Chart

PT Calculus Global Ventures 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 331.85 283.06 197.78 79.62 381.46

PT Calculus Global Ventures 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 37.19 93.60 378.43 483.09 211.80

ISX:STAR vs BLK, BX, KKR: Shiller PE Ratio Comparison

For the Asset Management subindustry, PT Calculus Global Ventures 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 Calculus Global Ventures Tbk Shiller PE Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, PT Calculus Global Ventures Tbk's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where PT Calculus Global Ventures Tbk's Shiller PE Ratio falls into.


ISX:STAR
59GF Score
PT Calculus Global Ventures Tbk ISX:STAR
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Calculus Global Ventures 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 Calculus Global Ventures Tbk's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=384.00/1.322
=290.47

* 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 Calculus Global Ventures Tbk's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, PT Calculus Global Ventures 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)
=0.8077/137.6954*137.6954
=0.808

Current CPI (Jun. 2026) = 137.6954.

PT Calculus Global Ventures Tbk Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 -0.070 104.142 -0.093
201612 0.040 105.222 0.052
201703 0.010 106.476 0.013
201706 0.010 107.722 0.013
201709 -0.020 108.020 -0.025
201712 0.080 109.017 0.101
201803 0.017 110.097 0.021
201806 0.001 111.085 0.001
201809 -0.013 111.135 -0.016
201812 -0.001 112.430 -0.001
201903 0.022 112.829 0.027
201906 -0.001 114.730 -0.001
201909 0.142 114.905 0.170
201912 0.243 115.486 0.290
202003 0.035 116.252 0.042
202006 0.235 116.630 0.277
202009 0.683 116.397 0.808
202012 0.257 117.318 0.302
202103 0.565 117.840 0.661
202106 0.837 118.184 0.975
202109 0.427 118.262 0.497
202112 0.361 119.516 0.416
202203 0.325 120.948 0.370
202206 -0.159 123.322 -0.177
202209 0.112 125.298 0.123
202212 0.086 126.098 0.094
202303 0.217 126.953 0.236
202306 -0.005 127.663 -0.005
202309 0.391 128.151 0.420
202312 -0.035 129.395 -0.037
202403 0.165 130.607 0.174
202406 -0.138 130.792 -0.145
202409 0.706 130.361 0.745
202412 0.150 131.432 0.157
202503 0.700 131.948 0.730
202506 0.466 133.241 0.481
202509 0.572 133.819 0.589
202512 3.043 135.271 3.097
202603 1.024 136.539 1.032
202606 0.808 137.695 0.808

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 290.47 mean?
PT Calculus Global Ventures Tbk (ISX:STAR) has a Shiller PE Ratio of 290.47 as of Sep. 16, 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 Calculus Global Ventures Tbk and its competitors. This is near median its historical median of 266.67. Over the past decade, PT Calculus Global Ventures Tbk's Shiller PE Ratio has ranged from 27.54 to 690.27. According to the industry distribution chart, PT Calculus Global Ventures Tbk ranks #780 out of 786 companies in the Asset Management industry, placing it in the top 99.2%.
Is PT Calculus Global Ventures Tbk's Shiller PE Ratio too high?
PT Calculus Global Ventures Tbk's current Shiller PE Ratio of 290.47 is near median its 10-year median of 266.67. Over the past 10 years, this metric has ranged from a low of 27.54 to a high of 690.27. The Asset Management industry median Shiller PE Ratio is 12.81. PT Calculus Global Ventures Tbk's value of 290.47 is 2168.4% above this industry median. Based on the distribution chart, PT Calculus Global Ventures Tbk ranks #780 out of 786 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, PT Calculus Global Ventures Tbk has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Calculus Global Ventures Tbk's Shiller PE Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, PT Calculus Global Ventures Tbk ranks #780 out of 786 companies for Shiller PE Ratio. This places PT Calculus Global Ventures Tbk in the lower half of its industry. The industry median Shiller PE Ratio is 12.81. PT Calculus Global Ventures Tbk's value of 290.47 is 2168.4% above this benchmark. Historically, PT Calculus Global Ventures Tbk's own Shiller PE Ratio has ranged from 27.54 to 690.27 over the past decade. While the company's 10-year median is 266.67 vs. the industry median of 12.81, PT Calculus Global Ventures Tbk has consistently been above 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 an Asset Management company?
The median Shiller PE Ratio among Asset Management companies is 12.81, based on 786 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 Calculus Global Ventures Tbk's current Shiller PE Ratio of 290.47 is 2168.4% 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 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 Calculus Global Ventures Tbk and its competitors. For the Asset Management industry, the median Shiller PE Ratio is 12.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Calculus Global Ventures Tbk's current Shiller PE Ratio is 290.47, which is near median its own 10-year median of 266.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Calculus Global Ventures Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Calculus Global Ventures Tbk (ISX:STAR) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp119.44, compared to a current price of Rp384.00 — trading 221.5% above its estimated fair value. The current Shiller PE Ratio is 290.47, which is near median its 10-year median of 266.67 and 2168.4% above the Asset Management industry median of 12.81. PT Calculus Global Ventures Tbk's overall GF Score™ is 59/100 with 1 warning sign 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 Calculus Global Ventures Tbk (ISX:STAR), the current Shiller PE Ratio is 290.47 as of Sep. 16, 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 Calculus Global Ventures Tbk (ISX:STAR) Overvalued in 2026?

Based on GuruFocus' analysis, PT Calculus Global Ventures Tbk stock appears to be overvalued. The current stock price of Rp384.00 is trading 221.5% above its estimated GF Value™ of Rp119.44. GuruFocus considers PT Calculus Global Ventures Tbk to be Significantly Overvalued.

Key valuation signals for ISX:STAR:

  • Shiller PE Ratio: 290.47 (near median its 10-year median of 266.67)
  • GF Value™: Rp119.44 vs. price of Rp384.00 (221.5% above fair value)
  • GF Score™: 59/100 with 1 warning sign
  • Industry Position: 2168.4% above the Asset Management median (#780 of 786)

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


PT Calculus Global Ventures Tbk Business Description

Address Jalan MH. Thamrin Number 1, Menara BCA Lot 45, Grand Indonesia, Jakarta Pusat, Jakarta, IDN, 10310
PT Calculus Global Ventures Tbk, formerly known as PT Buana Artha Anugerah Tbk, operates in the business area of investment management, particularly in asset management. The company is engaged in the management consulting business. The products of the company consist of mutual funds includes including foster equity fund, foster fixed income, and foster money market and management of securities portfolio. The company segments consist of investment management services and others.
59GF Score

Get the complete analysis for ISX:STAR

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

Rp384.00
Price
Rp119.44
GF Value