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.
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.
PT TBS Energi Utama TbkISX:TOBA -0.91%64 Shiller PE Ratio is 36.04 as of Sep. 15, 2026, which is 305% above its 10-year median of 8.90. GuruFocus rates ISX:TOBA with a GF Score™ of 64/100 and a GF Value™ of Rp366.31 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 79 Other Energy Sources companies, PT TBS Energi Utama Tbk ranks worse than 83.54% on this metric.
The historical rank and industry rank for PT TBS Energi Utama Tbk's Shiller PE Ratio or its related term are showing as below:
ISX:TOBA'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.19 Med: 8.9 Max: 51.07
Current: 36.38
During the past years, PT TBS Energi Utama Tbk's highest Shiller PE Ratio was 51.07. The lowest was 4.19. And the median was 8.90.
ISX:TOBA's Shiller PE Ratio is ranked worse than 83.54% of 79
companies
in the Other Energy Sources industry
Industry Median: 12.23
vs ISX:TOBA: 36.38
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 TBS Energi Utama Tbk's adjusted earnings per share data for the three months ended in Jun. 2026 was Rp-23.292. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is Rp15.12 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
PT TBS Energi Utama Tbk (ISX:TOBA) 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 TBS Energi Utama Tbk Shiller PE Ratio Related Terms
PT TBS Energi Utama Tbk Shiller PE Ratio Historical Data
* 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 TBS Energi Utama Tbk Shiller PE Ratio Competitor Comparison
For the Thermal Coal subindustry, PT TBS Energi Utama 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 TBS Energi Utama Tbk Shiller PE Ratio vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, PT TBS Energi Utama Tbk's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where PT TBS Energi Utama Tbk's Shiller PE Ratio falls into.
PT TBS Energi Utama 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.
* 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.
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.
PT TBS Energi Utama Tbk (ISX:TOBA) has a Shiller PE Ratio of 36.04 as of Sep. 15, 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 TBS Energi Utama Tbk and its competitors. This is 305% above median its historical median of 8.90. Over the past decade, PT TBS Energi Utama Tbk's Shiller PE Ratio has ranged from 4.19 to 51.07. According to the industry distribution chart, PT TBS Energi Utama Tbk ranks #66 out of 79 companies in the Other Energy Sources industry, placing it in the top 83.5%.
Is PT TBS Energi Utama Tbk's Shiller PE Ratio too high?
PT TBS Energi Utama Tbk's current Shiller PE Ratio of 36.04 is 305% above median its 10-year median of 8.90. Over the past 10 years, this metric has ranged from a low of 4.19 to a high of 51.07. The Other Energy Sources industry median Shiller PE Ratio is 12.23. PT TBS Energi Utama Tbk's value of 36.04 is 194.7% above this industry median. Based on the distribution chart, PT TBS Energi Utama Tbk ranks #66 out of 79 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, PT TBS Energi Utama Tbk has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT TBS Energi Utama Tbk's Shiller PE Ratio compare to competitors?
According to the Other Energy Sources industry distribution chart, PT TBS Energi Utama Tbk ranks #66 out of 79 companies for Shiller PE Ratio. This places PT TBS Energi Utama Tbk in the lower half of its industry. The industry median Shiller PE Ratio is 12.23. PT TBS Energi Utama Tbk's value of 36.04 is 194.7% above this benchmark. Historically, PT TBS Energi Utama Tbk's own Shiller PE Ratio has ranged from 4.19 to 51.07 over the past decade. While the company's 10-year median is 8.90 vs. the industry median of 12.23, PT TBS Energi Utama 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 Other Energy Sources company?
The median Shiller PE Ratio among Other Energy Sources companies is 12.23, based on 79 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 TBS Energi Utama Tbk's current Shiller PE Ratio of 36.04 is 194.7% 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 TBS Energi Utama Tbk and its competitors. For the Other Energy Sources industry, the median Shiller PE Ratio is 12.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT TBS Energi Utama Tbk's current Shiller PE Ratio is 36.04, which is 305% above median its own 10-year median of 8.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT TBS Energi Utama Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT TBS Energi Utama Tbk (ISX:TOBA) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp366.31, compared to a current price of Rp545.00 — trading 48.8% above its estimated fair value. The current Shiller PE Ratio is 36.04, which is 305% above median its 10-year median of 8.90 and 194.7% above the Other Energy Sources industry median of 12.23. PT TBS Energi Utama Tbk's overall GF Score™ is 64/100 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 TBS Energi Utama Tbk (ISX:TOBA), the current Shiller PE Ratio is 36.04 as of Sep. 15, 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 TBS Energi Utama Tbk (ISX:TOBA) Overvalued in 2026?
Based on GuruFocus' analysis, PT TBS Energi Utama Tbk stock appears to be overvalued.
The current stock price of Rp545.00 is trading 48.8% above its estimated GF Value™ of Rp366.31.
GuruFocus considers PT TBS Energi Utama Tbk to be Significantly Overvalued.
Key valuation signals for ISX:TOBA:
Shiller PE Ratio: 36.04 (305% above median its 10-year median of 8.90)
GF Value™: Rp366.31 vs. price of Rp545.00 (48.8% above fair value)
Industry Position: 194.7% above the Other Energy Sources median (#66 of 79)
No single metric tells the full story. See the ISX:TOBA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT TBS Energi Utama Tbk is an integrated energy company operating in Indonesia and Singapore. The company has a diversified business portfolio that includes waste management, renewable energy, and electric vehicles. It is involved in activities aimed at lowering carbon emissions and developing low-carbon energy solutions. The company operates across various locations such as Gorontalo, East Kalimantan, Batam, Lampung, and Central Java. The Group operating segments are coal mining, coal trading, IPP, waste management and others. It derives maximum revenue from Waste Management segment. Geographically, the group operates Overseas as well as Domestic. It generates majority revenue from Overseas.
64GF Score
Get the complete analysis for ISX:TOBA
Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ISX:TOBA has been successfully added to your 
