PT Citra Tubindo Tbk (ISX:CTBN) Cyclically Adjusted Book per Share: Rp2,228.94 (As of Mar. 2026)


ISX:CTBN PT Citra Tubindo Tbk ISX:CTBN
56 GF Score
Price Rp5,500.00
GF Value Rp2,417.70
Valuation Significantly Overvalued
! 3 Warning Signs
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What is PT Citra Tubindo Tbk Cyclically Adjusted Book per Share?

PT Citra Tubindo Tbk ISX:CTBN +0.46% 56 Cyclically Adjusted Book per Share is Rp2,228.94 as of Mar. 2026. GuruFocus rates ISX:CTBN with a GF Score™ of 56/100 and a GF Value™ of Rp2,417.70 (Significantly Overvalued). The stock has 3 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 Citra Tubindo Tbk's adjusted book value per share for the three months ended in Mar. 2026 was Rp2,615.279. 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 Rp2,228.94 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Citra Tubindo Tbk's average Cyclically Adjusted Book Growth Rate was 1.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.40% 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.

As of today (2026-07-08), PT Citra Tubindo Tbk's current stock price is Rp5500.00. PT Citra Tubindo Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp2,228.94. PT Citra Tubindo Tbk's Cyclically Adjusted PB Ratio of today is 2.47.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Citra Tubindo Tbk was 4.06. The lowest was 0.46. And the median was 1.00.


PT Citra Tubindo Tbk  (ISX:CTBN) 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 Citra Tubindo Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5500.00/2228.94
=2.47

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Citra Tubindo Tbk was 4.06. The lowest was 0.46. And the median was 1.00.


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 Citra Tubindo Tbk Cyclically Adjusted Book per Share Related Terms


PT Citra Tubindo Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Citra Tubindo 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 Citra Tubindo Tbk Cyclically Adjusted Book per Share Chart

PT Citra Tubindo 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 2,201.18 2,244.73 2,225.12 2,198.32 2,220.99

PT Citra Tubindo 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 2,199.83 2,209.05 2,204.18 2,220.99 2,228.94

ISX:CTBN vs SLB, BKR, HAL: Cyclically Adjusted Book per Share Comparison

For the Oil & Gas Equipment & Services subindustry, PT Citra Tubindo 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 Citra Tubindo Tbk Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PT Citra Tubindo Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Citra Tubindo Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:CTBN
56GF Score
PT Citra Tubindo Tbk ISX:CTBN
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Citra Tubindo 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 Citra Tubindo 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)
=2615.279/136.5387*136.5387
=2,615.279

Current CPI (Mar. 2026) = 136.5387.

PT Citra Tubindo Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 2,369.902 103.212 3,135.124
201609 2,157.351 104.142 2,828.453
201612 1,970.514 105.222 2,556.991
201703 0.000 106.476 0.000
201706 1,795.238 107.722 2,275.492
201709 0.000 108.020 0.000
201712 1,782.825 109.017 2,232.907
201803 1,775.373 110.097 2,201.770
201806 1,838.678 111.085 2,259.994
201809 1,782.215 111.135 2,189.611
201812 1,787.767 112.430 2,171.125
201903 1,776.694 112.829 2,150.055
201906 1,795.826 114.730 2,137.186
201909 1,810.441 114.905 2,151.309
201912 1,775.379 115.486 2,099.026
202003 1,953.989 116.252 2,294.966
202006 1,844.394 116.630 2,159.235
202009 1,904.016 116.397 2,233.501
202012 1,758.309 117.318 2,046.378
202103 1,763.904 117.840 2,043.801
202106 1,750.082 118.184 2,021.882
202109 1,682.982 118.262 1,943.082
202112 1,601.979 119.516 1,830.148
202203 1,579.506 120.948 1,783.108
202206 1,613.921 123.322 1,786.883
202209 1,614.048 125.298 1,758.841
202212 1,624.844 126.098 1,759.383
202303 1,663.030 126.953 1,788.606
202306 1,633.580 127.663 1,747.155
202309 1,816.099 128.151 1,934.960
202312 1,984.716 129.395 2,094.294
202403 2,065.355 130.607 2,159.156
202406 2,314.773 130.792 2,416.486
202409 2,315.201 130.361 2,424.918
202412 2,581.368 131.432 2,681.675
202503 2,972.805 131.948 3,076.225
202506 2,428.423 133.241 2,488.534
202509 2,548.628 133.819 2,600.426
202512 2,597.272 135.271 2,621.611
202603 2,615.279 136.539 2,615.279

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 Rp2,228.94 mean?
PT Citra Tubindo Tbk (ISX:CTBN) has a Cyclically Adjusted Book per Share of Rp2,228.94 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 Citra Tubindo Tbk and its competitors.
Is PT Citra Tubindo Tbk's Cyclically Adjusted Book per Share too high?
PT Citra Tubindo Tbk's current Cyclically Adjusted Book per Share is Rp2,228.94. Overall, PT Citra Tubindo Tbk has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Citra Tubindo Tbk's Cyclically Adjusted Book per Share compare to SLB and BKR?
PT Citra Tubindo Tbk's Cyclically Adjusted Book per Share of Rp2,228.94 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Cyclically Adjusted Book per Share depends on the Oil & Gas 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 Citra Tubindo Tbk and its competitors. PT Citra Tubindo Tbk's current Cyclically Adjusted Book per Share is Rp2,228.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Citra Tubindo Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Citra Tubindo Tbk (ISX:CTBN) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp2,417.70, compared to a current price of Rp5,500.00 — trading 127.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is Rp2,228.94. PT Citra Tubindo Tbk's overall GF Score™ is 56/100 with 3 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 Citra Tubindo Tbk (ISX:CTBN), the current Cyclically Adjusted Book per Share is Rp2,228.94 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 Citra Tubindo Tbk (ISX:CTBN) Overvalued in 2026?

Based on GuruFocus' analysis, PT Citra Tubindo Tbk stock appears to be overvalued. The current stock price of Rp5,500.00 is trading 127.5% above its estimated GF Value™ of Rp2,417.70. GuruFocus considers PT Citra Tubindo Tbk to be Significantly Overvalued.

Key valuation signals for ISX:CTBN:

  • Cyclically Adjusted Book per Share: Rp2,228.94
  • GF Value™: Rp2,417.70 vs. price of Rp5,500.00 (127.5% above fair value)
  • GF Score™: 56/100 with 3 warning signs

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


PT Citra Tubindo Tbk Business Description

Industry EnergyOil & Gas
Address Jalan Hang Kesturi I Number 2, Kawasan Industri Terpadu Kabil, Batam, IDN, 29467
PT Citra Tubindo Tbk is engaged in the business activities of manufacturing, providing services, repairing equipment, and accessories to support the oil and gas industry. Its services include finishing and threading of pipes, Heat Treatment Facility, Testing and Inspection Facility, Production Process, Technical Support, and Port Management and Logistics Services. The company's operating segments include Pipeline Processing, Transportation services, and others, and Technical support. It generates maximum revenue from the Pipeline Processing segment. Geographically, it derives a majority of revenue from Indonesia and also has a presence in Asia, Europe, the Americas, and Africa.
56GF Score

Get the complete analysis for ISX:CTBN

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

Rp5,500.00
Price
Rp2,417.70
GF Value