PT J Resources Asia Pasifik Tbk (ISX:PSAB) Cyclically Adjusted Book per Share: Rp200.58 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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ISX:PSAB PT J Resources Asia Pasifik Tbk ISX:PSAB
77 GF Score
Price Rp434.00
GF Value Rp368.68
Valuation Modestly Overvalued
! 1 Warning Sign
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What is PT J Resources Asia Pasifik Tbk Cyclically Adjusted Book per Share?

PT J Resources Asia Pasifik Tbk ISX:PSAB +1.88% 77 Cyclically Adjusted Book per Share is Rp200.58 as of Mar. 2026. GuruFocus rates ISX:PSAB with a GF Score™ of 77/100 and a GF Value™ of Rp368.68 (Modestly Overvalued). The stock has 1 warning sign 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 J Resources Asia Pasifik Tbk's adjusted book value per share for the three months ended in Mar. 2026 was Rp386.953. 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 Rp200.58 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT J Resources Asia Pasifik Tbk's average Cyclically Adjusted Book Growth Rate was 6.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.20% 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 J Resources Asia Pasifik Tbk was 6.20% per year. The lowest was 3.90% per year. And the median was 5.30% per year.

As of today (2026-08-02), PT J Resources Asia Pasifik Tbk's current stock price is Rp434.00. PT J Resources Asia Pasifik Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp200.58. PT J Resources Asia Pasifik Tbk's Cyclically Adjusted PB Ratio of today is 2.16.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT J Resources Asia Pasifik Tbk was 3.72. The lowest was 0.47. And the median was 1.10.


PT J Resources Asia Pasifik Tbk  (ISX:PSAB) 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 J Resources Asia Pasifik Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=434.00/200.58
=2.16

* 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 J Resources Asia Pasifik Tbk was 3.72. The lowest was 0.47. And the median was 1.10.


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 J Resources Asia Pasifik Tbk Cyclically Adjusted Book per Share Related Terms


PT J Resources Asia Pasifik Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT J Resources Asia Pasifik 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 J Resources Asia Pasifik Tbk Cyclically Adjusted Book per Share Chart

PT J Resources Asia Pasifik 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 159.48 172.79 180.37 186.22 193.66

PT J Resources Asia Pasifik 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 187.62 189.99 190.98 193.66 200.58

ISX:PSAB vs NEM, AU, RGLD: Cyclically Adjusted Book per Share Comparison

For the Gold subindustry, PT J Resources Asia Pasifik 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 J Resources Asia Pasifik Tbk Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT J Resources Asia Pasifik Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT J Resources Asia Pasifik Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:PSAB
77GF Score
PT J Resources Asia Pasifik Tbk ISX:PSAB
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT J Resources Asia Pasifik 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 J Resources Asia Pasifik 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)
=386.953/136.5387*136.5387
=386.953

Current CPI (Mar. 2026) = 136.5387.

PT J Resources Asia Pasifik Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 141.463 103.212 187.140
201609 142.668 104.142 187.049
201612 148.802 105.222 193.089
201703 148.743 106.476 190.740
201706 151.494 107.722 192.021
201709 152.575 108.020 192.856
201712 155.795 109.017 195.126
201803 159.633 110.097 197.973
201806 166.756 111.085 204.967
201809 177.441 111.135 218.002
201812 175.233 112.430 212.809
201903 173.482 112.829 209.938
201906 174.779 114.730 208.002
201909 175.164 114.905 208.144
201912 158.927 115.486 187.899
202003 171.226 116.252 201.105
202006 154.833 116.630 181.263
202009 164.450 116.397 192.908
202012 166.801 117.318 194.129
202103 178.217 117.840 206.497
202106 174.830 118.184 201.982
202109 167.888 118.262 193.835
202112 175.977 119.516 201.041
202203 176.321 120.948 199.049
202206 179.051 123.322 198.240
202209 181.792 125.298 198.100
202212 177.937 126.098 192.670
202303 164.834 126.953 177.281
202306 159.418 127.663 170.502
202309 166.809 128.151 177.726
202312 171.717 129.395 181.198
202403 175.200 130.607 183.157
202406 188.180 130.792 196.449
202409 170.897 130.361 178.996
202412 184.176 131.432 191.333
202503 195.930 131.948 202.746
202506 199.333 133.241 204.267
202509 205.592 133.819 209.770
202512 214.272 135.271 216.280
202603 386.953 136.539 386.953

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 Rp200.58 mean?
PT J Resources Asia Pasifik Tbk (ISX:PSAB) has a Cyclically Adjusted Book per Share of Rp200.58 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 J Resources Asia Pasifik Tbk and its competitors.
Is PT J Resources Asia Pasifik Tbk's Cyclically Adjusted Book per Share too high?
PT J Resources Asia Pasifik Tbk's current Cyclically Adjusted Book per Share is Rp200.58. Overall, PT J Resources Asia Pasifik Tbk has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT J Resources Asia Pasifik Tbk's Cyclically Adjusted Book per Share compare to NEM and AU?
PT J Resources Asia Pasifik Tbk's Cyclically Adjusted Book per Share of Rp200.58 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Cyclically Adjusted Book per Share depends on the Metals & Mining 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 J Resources Asia Pasifik Tbk and its competitors. PT J Resources Asia Pasifik Tbk's current Cyclically Adjusted Book per Share is Rp200.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT J Resources Asia Pasifik Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT J Resources Asia Pasifik Tbk (ISX:PSAB) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp368.68, compared to a current price of Rp434.00 — trading 17.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is Rp200.58. PT J Resources Asia Pasifik Tbk's overall GF Score™ is 77/100 with 1 warning sign 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 J Resources Asia Pasifik Tbk (ISX:PSAB), the current Cyclically Adjusted Book per Share is Rp200.58 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 J Resources Asia Pasifik Tbk (ISX:PSAB) Overvalued in 2026?

Based on GuruFocus' analysis, PT J Resources Asia Pasifik Tbk stock appears to be overvalued. The current stock price of Rp434.00 is trading 17.7% above its estimated GF Value™ of Rp368.68. GuruFocus considers PT J Resources Asia Pasifik Tbk to be Modestly Overvalued.

Key valuation signals for ISX:PSAB:

  • Cyclically Adjusted Book per Share: Rp200.58
  • GF Value™: Rp368.68 vs. price of Rp434.00 (17.7% above fair value)
  • GF Score™: 77/100 with 1 warning sign

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


PT J Resources Asia Pasifik Tbk Business Description

Other Exchanges J5R:Germany
Address Jalan Jenderal Sudirman Kav. 52-53, Equity Tower, Lantai 48th Floor, Sudirman Central Business District (SCBD), Lot. 9, Jakarta Selatan, Jakarta, IDN, 12190
PT J Resources Asia Pasifik Tbk is a holding company based in Indonesia engaged in gold mining. The company, through its subsidiary, operates mines, explores, and invests in gold mines in Indonesia and Malaysia. The projects operated include both operating mines are development-stage mines. It derives revenue from the sales of gold. Some of the company's projects are Doup, Pani, Penjom, Bakan, Seruyung, and North Lanut.
77GF Score

Get the complete analysis for ISX:PSAB

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

Rp434.00
Price
Rp368.68
GF Value