PT Pelayaran Nasional Bina Buana Raya Tbk (ISX:BBRM) Cyclically Adjusted Book per Share: Rp104.82 (As of Mar. 2026)

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ISX:BBRM PT Pelayaran Nasional Bina Buana Raya Tbk ISX:BBRM
62 GF Score
Price Rp117.00
GF Value Rp95.73
Valuation Modestly Overvalued
! 2 Warning Signs
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What is PT Pelayaran Nasional Bina Buana Raya Tbk Cyclically Adjusted Book per Share?

PT Pelayaran Nasional Bina Buana Raya Tbk ISX:BBRM -0.85% 62 Cyclically Adjusted Book per Share is Rp104.82 as of Mar. 2026. GuruFocus rates ISX:BBRM with a GF Score™ of 62/100 and a GF Value™ of Rp95.73 (Modestly Overvalued). The stock has 2 warning signs investors should review.

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

PT Pelayaran Nasional Bina Buana Raya Tbk's adjusted book value per share for the three months ended in Mar. 2026 was Rp90.857. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is Rp104.82 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Pelayaran Nasional Bina Buana Raya Tbk's average Cyclically Adjusted Book Growth Rate was -21.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -19.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of PT Pelayaran Nasional Bina Buana Raya Tbk was -13.20% per year. The lowest was -19.20% per year. And the median was -16.20% per year.

As of today (2026-07-19), PT Pelayaran Nasional Bina Buana Raya Tbk's current stock price is Rp117.00. PT Pelayaran Nasional Bina Buana Raya Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp104.82. PT Pelayaran Nasional Bina Buana Raya Tbk's Cyclically Adjusted PB Ratio of today is 1.12.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Pelayaran Nasional Bina Buana Raya Tbk was 2.29. The lowest was 0.23. And the median was 0.38.


PT Pelayaran Nasional Bina Buana Raya Tbk  (ISX:BBRM) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

PT Pelayaran Nasional Bina Buana Raya Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=117.00/104.82
=1.12

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Pelayaran Nasional Bina Buana Raya Tbk was 2.29. The lowest was 0.23. And the median was 0.38.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


PT Pelayaran Nasional Bina Buana Raya Tbk Cyclically Adjusted Book per Share Related Terms


PT Pelayaran Nasional Bina Buana Raya Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Pelayaran Nasional Bina Buana Raya Tbk's Cyclically Adjusted Book per Share 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 Pelayaran Nasional Bina Buana Raya Tbk Cyclically Adjusted Book per Share Chart

PT Pelayaran Nasional Bina Buana Raya Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 216.55 208.53 177.16 141.68 109.94

PT Pelayaran Nasional Bina Buana Raya Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 132.73 124.63 115.46 109.94 104.82

PT Pelayaran Nasional Bina Buana Raya Tbk Cyclically Adjusted Book per Share Competitor Comparison

For the Marine Shipping subindustry, PT Pelayaran Nasional Bina Buana Raya Tbk's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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 Pelayaran Nasional Bina Buana Raya Tbk Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, PT Pelayaran Nasional Bina Buana Raya Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Pelayaran Nasional Bina Buana Raya Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:BBRM
62GF Score
PT Pelayaran Nasional Bina Buana Raya Tbk ISX:BBRM
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Pelayaran Nasional Bina Buana Raya Tbk Cyclically Adjusted Book per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

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.

For example, PT Pelayaran Nasional Bina Buana Raya Tbk's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=90.857/136.5387*136.5387
=90.857

Current CPI (Mar. 2026) = 136.5387.

PT Pelayaran Nasional Bina Buana Raya Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 247.582 103.212 327.524
201609 236.460 104.142 310.017
201612 235.744 105.222 305.908
201703 232.158 106.476 297.706
201706 227.438 107.722 288.281
201709 222.637 108.020 281.415
201712 105.660 109.017 132.334
201803 101.154 110.097 125.448
201806 98.139 111.085 120.627
201809 95.165 111.135 116.919
201812 83.179 112.430 101.015
201903 77.091 112.829 93.291
201906 71.938 114.730 85.612
201909 68.306 114.905 81.167
201912 64.923 115.486 76.758
202003 65.137 116.252 76.504
202006 60.587 116.630 70.929
202009 36.293 116.397 42.573
202012 25.893 117.318 30.135
202103 24.790 117.840 28.724
202106 26.672 118.184 30.814
202109 27.112 118.262 31.302
202112 29.334 119.516 33.512
202203 41.989 120.948 47.401
202206 43.134 123.322 47.757
202209 44.994 125.298 49.030
202212 47.352 126.098 51.273
202303 48.447 126.953 52.105
202306 47.973 127.663 51.308
202309 51.763 128.151 55.151
202312 54.460 129.395 57.467
202403 56.721 130.607 59.297
202406 66.582 130.792 69.508
202409 64.426 130.361 67.479
202412 71.861 131.432 74.653
202503 76.198 131.948 78.849
202506 78.323 133.241 80.262
202509 82.121 133.819 83.790
202512 87.225 135.271 88.042
202603 90.857 136.539 90.857

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of Rp104.82 mean?
PT Pelayaran Nasional Bina Buana Raya Tbk (ISX:BBRM) has a Cyclically Adjusted Book per Share of Rp104.82 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on PT Pelayaran Nasional Bina Buana Raya Tbk and its competitors.
Is PT Pelayaran Nasional Bina Buana Raya Tbk's Cyclically Adjusted Book per Share too high?
PT Pelayaran Nasional Bina Buana Raya Tbk's current Cyclically Adjusted Book per Share is Rp104.82. Overall, PT Pelayaran Nasional Bina Buana Raya Tbk has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Pelayaran Nasional Bina Buana Raya Tbk's Cyclically Adjusted Book per Share compare to competitors?
PT Pelayaran Nasional Bina Buana Raya Tbk's Cyclically Adjusted Book per Share of Rp104.82 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Transportation company?
A good Cyclically Adjusted Book per Share depends on the Transportation industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on PT Pelayaran Nasional Bina Buana Raya Tbk and its competitors. PT Pelayaran Nasional Bina Buana Raya Tbk's current Cyclically Adjusted Book per Share is Rp104.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Pelayaran Nasional Bina Buana Raya Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Pelayaran Nasional Bina Buana Raya Tbk (ISX:BBRM) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp95.73, compared to a current price of Rp117.00 — trading 22.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is Rp104.82. PT Pelayaran Nasional Bina Buana Raya Tbk's overall GF Score™ is 62/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For PT Pelayaran Nasional Bina Buana Raya Tbk (ISX:BBRM), the current Cyclically Adjusted Book per Share is Rp104.82 as of Mar. 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 Pelayaran Nasional Bina Buana Raya Tbk (ISX:BBRM) Overvalued in 2026?

Based on GuruFocus' analysis, PT Pelayaran Nasional Bina Buana Raya Tbk stock appears to be overvalued. The current stock price of Rp117.00 is trading 22.2% above its estimated GF Value™ of Rp95.73. GuruFocus considers PT Pelayaran Nasional Bina Buana Raya Tbk to be Modestly Overvalued.

Key valuation signals for ISX:BBRM:

  • Cyclically Adjusted Book per Share: Rp104.82
  • GF Value™: Rp95.73 vs. price of Rp117.00 (22.2% above fair value)
  • GF Score™: 62/100 with 2 warning signs

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


PT Pelayaran Nasional Bina Buana Raya Tbk Business Description

Address Jl. KH. Mas Mansyur Kav. 126, Suite 08-09, 8th Floor, TCC Batavia Tower One, Jakarta Pusat, Jakarta, IDN, 10220
PT Pelayaran Nasional Bina Buana Raya Tbk is an Indonesia-based company engaged in the rental of tugboats, barges, and offshore support vessels. The company provides shipping services, marine transportation, shipping agency for shipping companies, tug boat shipping, shipping equipment rentals, domestic shipping, shipping and cargo, oil and gas transportation, chartering of vessel, shipping bureau, and river and lake transportation for special goods. Its segments are Tugboat and barge vessels, and Offshore support vessels. The company generates the majority of its revenue from the Offshore support vessels segment.
62GF Score

Get the complete analysis for ISX:BBRM

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp117.00
Price
Rp95.73
GF Value