PT Pan Brothers Tbk (ISX:PBRX) Cyclically Adjusted Book per Share: Rp348.56 (As of Mar. 2026)

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ISX:PBRX PT Pan Brothers Tbk ISX:PBRX
59 GF Score
Price Rp27.00
GF Value Rp16.17
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is PT Pan Brothers Tbk Cyclically Adjusted Book per Share?

PT Pan Brothers Tbk ISX:PBRX +3.85% 59 Cyclically Adjusted Book per Share is Rp348.56 as of Mar. 2026. GuruFocus rates ISX:PBRX with a GF Score™ of 59/100 and a GF Value™ of Rp16.17 (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 Pan Brothers Tbk's adjusted book value per share for the three months ended in Mar. 2026 was Rp62.224. 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 Rp348.56 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Pan Brothers Tbk's average Cyclically Adjusted Book Growth Rate was -4.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.30% 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 Pan Brothers Tbk was 7.50% per year. The lowest was -3.10% per year. And the median was 2.90% per year.

As of today (2026-08-04), PT Pan Brothers Tbk's current stock price is Rp27.00. PT Pan Brothers Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp348.56. PT Pan Brothers Tbk's Cyclically Adjusted PB Ratio of today is 0.08.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Pan Brothers Tbk was 0.68. The lowest was 0.04. And the median was 0.13.


PT Pan Brothers Tbk  (ISX:PBRX) 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 Pan Brothers Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=27.00/348.56
=0.08

* 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 Pan Brothers Tbk was 0.68. The lowest was 0.04. And the median was 0.13.


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 Pan Brothers Tbk Cyclically Adjusted Book per Share Related Terms


PT Pan Brothers Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Pan Brothers 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 Pan Brothers Tbk Cyclically Adjusted Book per Share Chart

PT Pan Brothers 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 339.83 387.76 395.53 369.80 353.06

PT Pan Brothers 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 365.18 362.62 357.25 353.06 348.56

ISX:PBRX vs RL, LEVI, VFC: Cyclically Adjusted Book per Share Comparison

For the Apparel Manufacturing subindustry, PT Pan Brothers 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 Pan Brothers Tbk Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Pan Brothers Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:PBRX
59GF Score
PT Pan Brothers Tbk ISX:PBRX
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Pan Brothers 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 Pan Brothers 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)
=62.224/136.5387*136.5387
=62.224

Current CPI (Mar. 2026) = 136.5387.

PT Pan Brothers Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 289.979 103.212 383.611
201609 291.864 104.142 382.656
201612 301.008 105.222 390.596
201703 300.238 106.476 385.008
201706 303.835 107.722 385.116
201709 305.885 108.020 386.641
201712 317.833 109.017 398.071
201803 323.093 110.097 400.691
201806 333.021 111.085 409.330
201809 366.994 111.135 450.885
201812 367.259 112.430 446.012
201903 364.504 112.829 441.102
201906 372.827 114.730 443.696
201909 379.914 114.905 451.444
201912 381.921 115.486 451.544
202003 419.700 116.252 492.939
202006 405.060 116.630 474.204
202009 436.111 116.397 511.579
202012 418.442 117.318 486.997
202103 428.643 117.840 496.660
202106 440.824 118.184 509.287
202109 449.257 118.262 518.688
202112 447.696 119.516 511.461
202203 454.086 120.948 512.619
202206 464.395 123.322 514.164
202209 488.018 125.298 531.797
202212 572.736 126.098 620.159
202303 247.853 126.953 266.568
202306 245.595 127.663 262.670
202309 244.321 128.151 260.311
202312 248.080 129.395 261.777
202403 251.218 130.607 262.627
202406 -70.812 130.792 -73.924
202409 -71.671 130.361 -75.067
202412 -77.371 131.432 -80.378
202503 112.928 131.948 116.857
202506 111.835 133.241 114.603
202509 112.692 133.819 114.982
202512 61.662 135.271 62.240
202603 62.224 136.539 62.224

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 Rp348.56 mean?
PT Pan Brothers Tbk (ISX:PBRX) has a Cyclically Adjusted Book per Share of Rp348.56 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 Pan Brothers Tbk and its competitors.
Is PT Pan Brothers Tbk's Cyclically Adjusted Book per Share too high?
PT Pan Brothers Tbk's current Cyclically Adjusted Book per Share is Rp348.56. Overall, PT Pan Brothers 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 Pan Brothers Tbk's Cyclically Adjusted Book per Share compare to RL and LEVI?
PT Pan Brothers Tbk's Cyclically Adjusted Book per Share of Rp348.56 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Cyclically Adjusted Book per Share depends on the Manufacturing - Apparel & Accessories 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 Pan Brothers Tbk and its competitors. PT Pan Brothers Tbk's current Cyclically Adjusted Book per Share is Rp348.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Pan Brothers Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Pan Brothers Tbk (ISX:PBRX) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp16.17, compared to a current price of Rp27.00 — trading 67% above its estimated fair value. The current Cyclically Adjusted Book per Share is Rp348.56. PT Pan Brothers Tbk's overall GF Score™ is 59/100 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 Pan Brothers Tbk (ISX:PBRX), the current Cyclically Adjusted Book per Share is Rp348.56 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 Pan Brothers Tbk (ISX:PBRX) Overvalued in 2026?

Based on GuruFocus' analysis, PT Pan Brothers Tbk stock appears to be overvalued. The current stock price of Rp27.00 is trading 67% above its estimated GF Value™ of Rp16.17. GuruFocus considers PT Pan Brothers Tbk to be Significantly Overvalued.

Key valuation signals for ISX:PBRX:

  • Cyclically Adjusted Book per Share: Rp348.56
  • GF Value™: Rp16.17 vs. price of Rp27.00 (67% above fair value)
  • GF Score™: 59/100 with 3 warning signs

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


PT Pan Brothers Tbk Business Description

Address Jalan Siliwangi No. 178, Alam Jaya, Jatiuwung, Tangerang, IDN, 15133
PT Pan Brothers Tbk is an apparel manufacturer based in Indonesia. It manufactures all kinds of garments using various fabrics, ranging from performance wear to woven garments, catering to the needs of international and local apparel brands. Additionally, through its subsidiary, the company is involved in the retailing of garments through brands like Salt and Pepper, Zoe the Label, and Wastu. Its product portfolio comprises activewear jackets, ski outerwear, pants, shorts, shirts, dresses, etc. The company's export markets are spread across the globe, including the United States, Europe, Asia, Australia, New Zealand, and other countries. Geographically, it derives maximum revenue from Asia, followed by America, Europe, and other regions, through the sale of garments.
59GF Score

Get the complete analysis for ISX:PBRX

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

Rp27.00
Price
Rp16.17
GF Value