PT Pioneerindo Gourmet International Tbk (ISX:PTSP) Cyclically Adjusted Book per Share: Rp702.11 (As of Mar. 2026)


ISX:PTSP PT Pioneerindo Gourmet International Tbk ISX:PTSP
87 GF Score
Price Rp890.00
GF Value Rp1,110.63
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is PT Pioneerindo Gourmet International Tbk Cyclically Adjusted Book per Share?

PT Pioneerindo Gourmet International Tbk ISX:PTSP +2.89% 87 Cyclically Adjusted Book per Share is Rp702.11 as of Mar. 2026. GuruFocus rates ISX:PTSP with a GF Score™ of 87/100 and a GF Value™ of Rp1,110.63 (Modestly Undervalued). 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 Pioneerindo Gourmet International Tbk's adjusted book value per share for the three months ended in Mar. 2026 was Rp847.423. 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 Rp702.11 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Pioneerindo Gourmet International Tbk's average Cyclically Adjusted Book Growth Rate was 3.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.00% 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 Pioneerindo Gourmet International Tbk was 1.00% per year. The lowest was 1.00% per year. And the median was 1.00% per year.

As of today (2026-07-06), PT Pioneerindo Gourmet International Tbk's current stock price is Rp890.00. PT Pioneerindo Gourmet International Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp702.11. PT Pioneerindo Gourmet International Tbk's Cyclically Adjusted PB Ratio of today is 1.27.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Pioneerindo Gourmet International Tbk was 8.85. The lowest was 0.99. And the median was 1.54.


PT Pioneerindo Gourmet International Tbk  (ISX:PTSP) 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 Pioneerindo Gourmet International Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=890.00/702.11
=1.27

* 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 Pioneerindo Gourmet International Tbk was 8.85. The lowest was 0.99. And the median was 1.54.


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 Pioneerindo Gourmet International Tbk Cyclically Adjusted Book per Share Related Terms


PT Pioneerindo Gourmet International Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Pioneerindo Gourmet International 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 Pioneerindo Gourmet International Tbk Cyclically Adjusted Book per Share Chart

PT Pioneerindo Gourmet International 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 0.00 672.70 685.00 679.11 692.90

PT Pioneerindo Gourmet International 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 678.43 683.42 684.81 692.90 702.11

ISX:PTSP vs MCD, SBUX, YUM: Cyclically Adjusted Book per Share Comparison

For the Restaurants subindustry, PT Pioneerindo Gourmet International 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 Pioneerindo Gourmet International Tbk Cyclically Adjusted PB Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, PT Pioneerindo Gourmet International Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Pioneerindo Gourmet International Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:PTSP
87GF Score
PT Pioneerindo Gourmet International Tbk ISX:PTSP
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Pioneerindo Gourmet International 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 Pioneerindo Gourmet International 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)
=847.423/136.5387*136.5387
=847.423

Current CPI (Mar. 2026) = 136.5387.

PT Pioneerindo Gourmet International Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 561.680 103.212 743.042
201609 571.191 104.142 748.875
201612 565.705 105.222 734.074
201703 565.343 106.476 724.964
201706 577.715 107.722 732.263
201709 589.451 108.020 745.071
201712 605.928 109.017 758.897
201803 608.434 110.097 754.563
201806 646.310 111.085 794.406
201809 654.121 111.135 803.646
201812 674.667 112.430 819.339
201903 680.787 112.829 823.850
201906 731.380 114.730 870.404
201909 759.020 114.905 901.927
201912 777.666 115.486 919.433
202003 740.874 116.252 870.159
202006 565.188 116.630 661.667
202009 492.752 116.397 578.021
202012 565.545 117.318 658.200
202103 507.440 117.840 587.961
202106 525.375 118.184 606.969
202109 468.078 118.262 540.418
202112 485.832 119.516 555.029
202203 465.927 120.948 525.986
202206 505.513 123.322 559.688
202209 511.381 125.298 557.256
202212 525.311 126.098 568.807
202303 509.877 126.953 548.378
202306 552.640 127.663 591.062
202309 551.792 128.151 587.906
202312 601.305 129.395 634.504
202403 586.189 130.607 612.812
202406 655.221 130.792 684.012
202409 674.373 130.361 706.332
202412 686.889 131.432 713.580
202503 689.922 131.948 713.923
202506 740.562 133.241 758.893
202509 749.501 133.819 764.734
202512 768.563 135.271 775.765
202603 847.423 136.539 847.423

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 Rp702.11 mean?
PT Pioneerindo Gourmet International Tbk (ISX:PTSP) has a Cyclically Adjusted Book per Share of Rp702.11 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 Pioneerindo Gourmet International Tbk and its competitors.
Is PT Pioneerindo Gourmet International Tbk's Cyclically Adjusted Book per Share too high?
PT Pioneerindo Gourmet International Tbk's current Cyclically Adjusted Book per Share is Rp702.11. Overall, PT Pioneerindo Gourmet International Tbk has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Pioneerindo Gourmet International Tbk's Cyclically Adjusted Book per Share compare to MCD and SBUX?
PT Pioneerindo Gourmet International Tbk's Cyclically Adjusted Book per Share of Rp702.11 can be compared against companies in the Restaurants 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 Restaurants company?
A good Cyclically Adjusted Book per Share depends on the Restaurants 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 Pioneerindo Gourmet International Tbk and its competitors. PT Pioneerindo Gourmet International Tbk's current Cyclically Adjusted Book per Share is Rp702.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Pioneerindo Gourmet International Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Pioneerindo Gourmet International Tbk (ISX:PTSP) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp1,110.63, compared to a current price of Rp890.00 — trading 19.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is Rp702.11. PT Pioneerindo Gourmet International Tbk's overall GF Score™ is 87/100 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 Pioneerindo Gourmet International Tbk (ISX:PTSP), the current Cyclically Adjusted Book per Share is Rp702.11 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 Pioneerindo Gourmet International Tbk (ISX:PTSP) Overvalued in 2026?

Based on GuruFocus' analysis, PT Pioneerindo Gourmet International Tbk stock appears to be undervalued. The current stock price of Rp890.00 is trading 19.9% below its estimated GF Value™ of Rp1,110.63. GuruFocus considers PT Pioneerindo Gourmet International Tbk to be Modestly Undervalued.

Key valuation signals for ISX:PTSP:

  • Cyclically Adjusted Book per Share: Rp702.11
  • GF Value™: Rp1,110.63 vs. price of Rp890.00 (19.9% below fair value)
  • GF Score™: 87/100 with 1 warning sign

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


PT Pioneerindo Gourmet International Tbk Business Description

Address Jalan Palmerah Utara No. 100, CFC Center Building, West Jakarta, IDN, 11480
PT Pioneerindo Gourmet International Tbk is an Indonesian-based company engaged in the operation and management of fast-food restaurants. The operating segments are grouped into four strategic business units, which provide various products consisting of fried chicken (California Fried Chicken-CFC), oriental food (Sapo Oriental), donuts (Cal Donuts), and ramen (Sugakiya). The majority of the revenue is generated from the fried chicken segment. Its products include fried chicken, chicken strips, fried rice, noodles, burgers, soup, and various drinks.
87GF Score

Get the complete analysis for ISX:PTSP

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

Rp890.00
Price
Rp1,110.63
GF Value