PT Indo Tambangraya Megah Tbk (FRA:3IB) Cyclically Adjusted PB Ratio: 1.08 (As of Jul. 17, 2026) — 30% Below Median

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FRA:3IB PT Indo Tambangraya Megah Tbk FRA:3IB
82 GF Score
Price €1.12
GF Value €1.17
Valuation Fairly Valued
! 4 Warning Signs
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What is PT Indo Tambangraya Megah Tbk Cyclically Adjusted PB Ratio?

PT Indo Tambangraya Megah Tbk FRA:3IB 82 Cyclically Adjusted PB Ratio is 1.08 as of Jul. 17, 2026, which is 30% below its 10-year median of 1.55. GuruFocus rates FRA:3IB with a GF Score™ of 82/100 and a GF Value™ of €1.17 (Fairly Valued). The stock has 4 warning signs investors should review. Among 137 Other Energy Sources companies, PT Indo Tambangraya Megah Tbk ranks worse than 51.09% on this metric.

As of today (2026-07-17), PT Indo Tambangraya Megah Tbk's current share price is €1.12. PT Indo Tambangraya Megah Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €1.04. PT Indo Tambangraya Megah Tbk's Cyclically Adjusted PB Ratio for today is 1.08.

The historical rank and industry rank for PT Indo Tambangraya Megah Tbk's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:3IB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.55   Max: 3.33
Current: 1.2

During the past years, PT Indo Tambangraya Megah Tbk's highest Cyclically Adjusted PB Ratio was 3.33. The lowest was 0.58. And the median was 1.55.

FRA:3IB's Cyclically Adjusted PB Ratio is ranked worse than
51.09% of 137 companies
in the Other Energy Sources industry
Industry Median: 1.1 vs FRA:3IB: 1.20

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 Indo Tambangraya Megah Tbk's adjusted book value per share data for the three months ended in Mar. 2026 was €1.488. 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 €1.04 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Indo Tambangraya Megah Tbk  (FRA:3IB) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


PT Indo Tambangraya Megah Tbk Cyclically Adjusted PB Ratio Related Terms


PT Indo Tambangraya Megah Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Indo Tambangraya Megah Tbk's Cyclically Adjusted PB Ratio 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 Indo Tambangraya Megah Tbk Cyclically Adjusted PB Ratio Chart

PT Indo Tambangraya Megah Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.64 2.77 1.65 1.58 1.16

PT Indo Tambangraya Megah 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 PB Ratio 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 1.32 1.23 1.25 1.16 1.53

PT Indo Tambangraya Megah Tbk Cyclically Adjusted PB Ratio Competitor Comparison

For the Thermal Coal subindustry, PT Indo Tambangraya Megah 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 Indo Tambangraya Megah Tbk Cyclically Adjusted PB Ratio vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Indo Tambangraya Megah Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Indo Tambangraya Megah Tbk's Cyclically Adjusted PB Ratio falls into.


FRA:3IB
82GF Score
PT Indo Tambangraya Megah Tbk FRA:3IB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Indo Tambangraya Megah Tbk Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

PT Indo Tambangraya Megah Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.12/1.04
=1.08

* 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.

PT Indo Tambangraya Megah Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, PT Indo Tambangraya Megah 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)
=1.488/136.5387*136.5387
=1.488

Current CPI (Mar. 2026) = 136.5387.

PT Indo Tambangraya Megah Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.686 103.212 0.908
201609 0.713 104.142 0.935
201612 0.784 105.222 1.017
201703 0.738 106.476 0.946
201706 0.743 107.722 0.942
201709 0.751 108.020 0.949
201712 0.738 109.017 0.924
201803 0.646 110.097 0.801
201806 0.702 111.085 0.863
201809 0.785 111.135 0.964
201812 0.780 112.430 0.947
201903 0.691 112.829 0.836
201906 0.718 114.730 0.854
201909 0.759 114.905 0.902
201912 0.730 115.486 0.863
202003 0.719 116.252 0.844
202006 0.704 116.630 0.824
202009 0.675 116.397 0.792
202012 0.640 117.318 0.745
202103 0.683 117.840 0.791
202106 0.692 118.184 0.799
202109 0.811 118.262 0.936
202112 0.976 119.516 1.115
202203 0.995 120.948 1.123
202206 1.246 123.322 1.380
202209 1.742 125.298 1.898
202212 1.633 126.098 1.768
202303 1.382 126.953 1.486
202306 1.466 127.663 1.568
202309 1.400 128.151 1.492
202312 1.451 129.395 1.531
202403 1.396 130.607 1.459
202406 1.460 130.792 1.524
202409 1.465 130.361 1.534
202412 1.630 131.432 1.693
202503 1.628 131.948 1.685
202506 1.428 133.241 1.463
202509 1.431 133.819 1.460
202512 1.443 135.271 1.457
202603 1.488 136.539 1.488

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

What does a Cyclically Adjusted PB Ratio of 1.08 mean?
PT Indo Tambangraya Megah Tbk (FRA:3IB) has a Cyclically Adjusted PB Ratio of 1.08 as of Jul. 17, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on PT Indo Tambangraya Megah Tbk and its competitors. This is 30% below median its historical median of 1.55. Over the past decade, PT Indo Tambangraya Megah Tbk's Cyclically Adjusted PB Ratio has ranged from 0.58 to 3.33. According to the industry distribution chart, PT Indo Tambangraya Megah Tbk ranks #70 out of 137 companies in the Other Energy Sources industry, placing it in the top 51.1%.
Is PT Indo Tambangraya Megah Tbk's Cyclically Adjusted PB Ratio too high?
PT Indo Tambangraya Megah Tbk's current Cyclically Adjusted PB Ratio of 1.08 is 30% below median its 10-year median of 1.55. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 3.33. The Other Energy Sources industry median Cyclically Adjusted PB Ratio is 1.10. PT Indo Tambangraya Megah Tbk's value of 1.08 is 1.8% below this industry median. Based on the distribution chart, PT Indo Tambangraya Megah Tbk ranks #70 out of 137 companies in the Other Energy Sources industry, which is below the industry midpoint. Overall, PT Indo Tambangraya Megah Tbk has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Indo Tambangraya Megah Tbk's Cyclically Adjusted PB Ratio compare to competitors?
According to the Other Energy Sources industry distribution chart, PT Indo Tambangraya Megah Tbk ranks #70 out of 137 companies for Cyclically Adjusted PB Ratio. This places PT Indo Tambangraya Megah Tbk in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.10. PT Indo Tambangraya Megah Tbk's value of 1.08 is 1.8% below this benchmark. Historically, PT Indo Tambangraya Megah Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.58 to 3.33 over the past decade. While the company's 10-year median is 1.55 vs. the industry median of 1.10, PT Indo Tambangraya Megah Tbk has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Other Energy Sources company?
The median Cyclically Adjusted PB Ratio among Other Energy Sources companies is 1.10, based on 137 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Indo Tambangraya Megah Tbk's current Cyclically Adjusted PB Ratio of 1.08 is 1.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on PT Indo Tambangraya Megah Tbk and its competitors. For the Other Energy Sources industry, the median Cyclically Adjusted PB Ratio is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Indo Tambangraya Megah Tbk's current Cyclically Adjusted PB Ratio is 1.08, which is 30% below median its own 10-year median of 1.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indo Tambangraya Megah Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indo Tambangraya Megah Tbk (FRA:3IB) is currently considered Fairly Valued. The stock's GF Value™ is €1.17, compared to a current price of €1.12 — trading 4.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.08, which is 30% below median its 10-year median of 1.55 and 1.8% below the Other Energy Sources industry median of 1.10. PT Indo Tambangraya Megah Tbk's overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For PT Indo Tambangraya Megah Tbk (FRA:3IB), the current Cyclically Adjusted PB Ratio is 1.08 as of Jul. 17, 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 Indo Tambangraya Megah Tbk (FRA:3IB) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indo Tambangraya Megah Tbk stock appears to be undervalued. The current stock price of €1.12 is trading 4.3% below its estimated GF Value™ of €1.17. GuruFocus considers PT Indo Tambangraya Megah Tbk to be Fairly Valued.

Key valuation signals for FRA:3IB:

  • Cyclically Adjusted PB Ratio: 1.08 (30% below median its 10-year median of 1.55)
  • GF Value™: €1.17 vs. price of €1.12 (4.3% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 1.8% below the Other Energy Sources median (#70 of 137)

No single metric tells the full story. See the FRA:3IB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Indo Tambangraya Megah Tbk Business Description

Other Exchanges ITAYY:USAITMG:Indonesia
Address Jalan Sultan Iskandar Muda, Pondok Indah Office Tower III, 3rd Floor, Kav V-TA, Pondok Pinang, Kebayoran Lama, Jakarta Selatan, Jakarta, IDN, 12310
PT Indo Tambangraya Megah Tbk is an Indonesian-based coal mining company. It produces and supplies thermal coal with relatively low ash and sulfur content from its mines located in East, South, and Central Kalimantan. Its coal is generally used for coal-fired power plants in both domestic and international markets. Additionally, the Group is focused on advancing portfolio diversification through the development of renewable energy and other strategic investments. Its operating segments are: IMM, TCM, JBG, BEK, GPK, TIS, Others-Coal, The company, and Others. Maximum revenue is generated from the BEK segment. Geographically, the Group generates maximum revenue from China, and the rest from Japan, Indonesia, India, the Philippines, Taiwan, and other markets.
82GF Score

Get the complete analysis for FRA:3IB

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

€1.12
Price
€1.17
GF Value