PT XLSmart Telecom Sejahtera Tbk (FRA:E5F) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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FRA:E5F PT XLSmart Telecom Sejahtera Tbk FRA:E5F
72 GF Score
Price €0.11
GF Value €0.10
! 5 Warning Signs
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What is PT XLSmart Telecom Sejahtera Tbk Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


PT XLSmart Telecom Sejahtera Tbk  (FRA:E5F) 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 XLSmart Telecom Sejahtera Tbk Cyclically Adjusted PB Ratio Related Terms


PT XLSmart Telecom Sejahtera Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT XLSmart Telecom Sejahtera 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 XLSmart Telecom Sejahtera Tbk Cyclically Adjusted PB Ratio Chart

PT XLSmart Telecom Sejahtera 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 1.30 0.90 0.72 0.86 1.31

PT XLSmart Telecom Sejahtera Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.74 0.87 1.28 0.97 0.71

FRA:E5F vs VZ, TMUS, T: Cyclically Adjusted PB Ratio Comparison

For the Telecom Services subindustry, PT XLSmart Telecom Sejahtera 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 XLSmart Telecom Sejahtera Tbk Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PT XLSmart Telecom Sejahtera Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT XLSmart Telecom Sejahtera Tbk's Cyclically Adjusted PB Ratio falls into.


FRA:E5F
72GF Score
PT XLSmart Telecom Sejahtera Tbk FRA:E5F
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT XLSmart Telecom Sejahtera 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 XLSmart Telecom Sejahtera Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, PT XLSmart Telecom Sejahtera Tbk's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.078/137.6954*137.6954
=0.078

Current CPI (Jun. 2026) = 137.6954.

PT XLSmart Telecom Sejahtera Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.134 104.142 0.177
201612 0.140 105.222 0.183
201703 0.140 106.476 0.181
201706 0.132 107.722 0.169
201709 0.126 108.020 0.161
201712 0.124 109.017 0.157
201803 0.120 110.097 0.150
201806 0.120 111.085 0.149
201809 0.116 111.135 0.144
201812 0.104 112.430 0.127
201903 0.108 112.829 0.132
201906 0.109 114.730 0.131
201909 0.114 114.905 0.137
201912 0.115 115.486 0.137
202003 0.108 116.252 0.128
202006 0.120 116.630 0.142
202009 0.112 116.397 0.132
202012 0.105 117.318 0.123
202103 0.107 117.840 0.125
202106 0.106 118.184 0.124
202109 0.112 118.262 0.130
202112 0.116 119.516 0.134
202203 0.119 120.948 0.135
202206 0.122 123.322 0.136
202209 0.130 125.298 0.143
202212 0.119 126.098 0.130
202303 0.122 126.953 0.132
202306 0.121 127.663 0.131
202309 0.123 128.151 0.132
202312 0.119 129.395 0.127
202403 0.121 130.607 0.128
202406 0.117 130.792 0.123
202409 0.116 130.361 0.123
202412 0.120 131.432 0.126
202503 0.109 131.948 0.114
202506 0.102 133.241 0.105
202509 0.096 133.819 0.099
202512 0.084 135.271 0.086
202603 0.082 136.539 0.083
202606 0.078 137.695 0.078

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.

Is PT XLSmart Telecom Sejahtera Tbk (FRA:E5F) Overvalued in 2026?

Based on GuruFocus' analysis, PT XLSmart Telecom Sejahtera Tbk stock appears to be overvalued. The current stock price of €0.11 is trading 5% above its estimated GF Value™ of €0.10.

Key valuation signals for FRA:E5F:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €0.10 vs. price of €0.11 (5% above fair value)
  • GF Score™: 72/100 with 5 warning signs

No single metric tells the full story. See the FRA:E5F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT XLSmart Telecom Sejahtera Tbk Business Description

Other Exchanges PTXKY:USAEXCL:Indonesia
Address Jl. HR Rasuna Said X5. Kav.11 - 12, Jakarta Selatan, XLSMART Tower, Kuningan Timur, Setiabudi, South Jakarta City, IDN, 12950
PT XLSmart Telecom Sejahtera Tbk is an integrated telecommunications entity. Its brands are Prioritas, Axis, XLSmart, Smartfren, and Others.
72GF Score

Get the complete analysis for FRA:E5F

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

€0.11
Price
€0.10
GF Value