PT Multipolar Tbk (FRA:MLQ2) Cyclically Adjusted PB Ratio: 0.18 (As of Jul. 20, 2026) — Near Median

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FRA:MLQ2 PT Multipolar Tbk FRA:MLQ2
64 GF Score
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! 4 Warning Signs
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What is PT Multipolar Tbk Cyclically Adjusted PB Ratio?

PT Multipolar Tbk FRA:MLQ2 64 Cyclically Adjusted PB Ratio is 0.18 as of Jul. 20, 2026, which is 6% above its 10-year median of 0.17. GuruFocus rates FRA:MLQ2 with a GF Score™ of 64/100. The stock has 4 warning signs investors should review. Among 810 Retail - Cyclical companies, PT Multipolar Tbk ranks better than 92.59% on this metric.

As of today (2026-07-20), PT Multipolar Tbk's current share price is €0.0035. PT Multipolar Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.02. PT Multipolar Tbk's Cyclically Adjusted PB Ratio for today is 0.18.

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

FRA:MLQ2' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.17   Max: 1.03
Current: 0.19

During the past years, PT Multipolar Tbk's highest Cyclically Adjusted PB Ratio was 1.03. The lowest was 0.06. And the median was 0.17.

FRA:MLQ2's Cyclically Adjusted PB Ratio is ranked better than
92.59% of 810 companies
in the Retail - Cyclical industry
Industry Median: 1.24 vs FRA:MLQ2: 0.19

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 Multipolar Tbk's adjusted book value per share data for the three months ended in Mar. 2026 was €0.016. 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 €0.02 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Multipolar Tbk  (FRA:MLQ2) 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 Multipolar Tbk Cyclically Adjusted PB Ratio Related Terms


PT Multipolar Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Multipolar 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 Multipolar Tbk Cyclically Adjusted PB Ratio Chart

PT Multipolar 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 0.54 0.17 0.12 0.18 0.29

PT Multipolar 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 0.19 0.19 0.49 0.29 0.20

FRA:MLQ2 vs DDS, M: Cyclically Adjusted PB Ratio Comparison

For the Department Stores subindustry, PT Multipolar 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 Multipolar Tbk Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PT Multipolar Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:MLQ2
64GF Score
PT Multipolar Tbk FRA:MLQ2
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Multipolar 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 Multipolar Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0035/0.02
=0.18

* 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 Multipolar Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, PT Multipolar 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)
=0.016/136.5387*136.5387
=0.016

Current CPI (Mar. 2026) = 136.5387.

PT Multipolar Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.047 103.212 0.062
201609 0.053 104.142 0.069
201612 0.054 105.222 0.070
201703 0.052 106.476 0.067
201706 0.049 107.722 0.062
201709 0.043 108.020 0.054
201712 0.040 109.017 0.050
201803 0.035 110.097 0.043
201806 0.037 111.085 0.045
201809 0.024 111.135 0.029
201812 0.023 112.430 0.028
201903 0.023 112.829 0.028
201906 0.022 114.730 0.026
201909 0.024 114.905 0.029
201912 0.021 115.486 0.025
202003 0.020 116.252 0.023
202006 0.019 116.630 0.022
202009 0.017 116.397 0.020
202012 0.013 117.318 0.015
202103 0.012 117.840 0.014
202106 0.016 118.184 0.018
202109 0.017 118.262 0.020
202112 0.017 119.516 0.019
202203 0.017 120.948 0.019
202206 0.017 123.322 0.019
202209 0.018 125.298 0.020
202212 0.017 126.098 0.018
202303 0.016 126.953 0.017
202306 0.017 127.663 0.018
202309 0.017 128.151 0.018
202312 0.017 129.395 0.018
202403 0.016 130.607 0.017
202406 0.015 130.792 0.016
202409 0.016 130.361 0.017
202412 0.017 131.432 0.018
202503 0.020 131.948 0.021
202506 0.018 133.241 0.018
202509 0.027 133.819 0.028
202512 0.020 135.271 0.020
202603 0.016 136.539 0.016

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 0.18 mean?
PT Multipolar Tbk (FRA:MLQ2) has a Cyclically Adjusted PB Ratio of 0.18 as of Jul. 20, 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 Multipolar Tbk and its competitors. This is near median its historical median of 0.17. Over the past decade, PT Multipolar Tbk's Cyclically Adjusted PB Ratio has ranged from 0.06 to 1.03. According to the industry distribution chart, PT Multipolar Tbk ranks #60 out of 810 companies in the Retail - Cyclical industry, placing it in the top 7.4%.
Is PT Multipolar Tbk's Cyclically Adjusted PB Ratio too high?
PT Multipolar Tbk's current Cyclically Adjusted PB Ratio of 0.18 is near median its 10-year median of 0.17. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 1.03. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.24. PT Multipolar Tbk's value of 0.18 is 85.5% below this industry median. Based on the distribution chart, PT Multipolar Tbk ranks #60 out of 810 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, PT Multipolar Tbk has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does PT Multipolar Tbk's Cyclically Adjusted PB Ratio compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, PT Multipolar Tbk ranks #60 out of 810 companies for Cyclically Adjusted PB Ratio. This places PT Multipolar Tbk in the top 7% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.24. PT Multipolar Tbk's value of 0.18 is 85.5% below this benchmark. Historically, PT Multipolar Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.06 to 1.03 over the past decade. While the company's 10-year median is 0.17 vs. the industry median of 1.24, PT Multipolar 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 a Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.24, based on 810 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 Multipolar Tbk's current Cyclically Adjusted PB Ratio of 0.18 is 85.5% 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 Multipolar Tbk and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Multipolar Tbk's current Cyclically Adjusted PB Ratio is 0.18, which is near median its own 10-year median of 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Multipolar Tbk stock overvalued right now?
PT Multipolar Tbk (FRA:MLQ2) has a current Cyclically Adjusted PB Ratio of 0.18. The current Cyclically Adjusted PB Ratio is 0.18, which is near median its 10-year median of 0.17 and 85.5% below the Retail - Cyclical industry median of 1.24. PT Multipolar Tbk's overall GF Score™ is 64/100 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 Multipolar Tbk (FRA:MLQ2), the current Cyclically Adjusted PB Ratio is 0.18 as of Jul. 20, 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.

PT Multipolar Tbk Business Description

Other Exchanges MLPL:Indonesia
Address Jalan Boulevard Palem Raya No. 7, Menara Matahari 20th-21st Floor, Lippo Karawaci, Banten, Tangerang, IDN, 15811
PT Multipolar Tbk is an investment holding company. The company is engaged in business scopes covering the telecommunication services, information technology industry, general trading including import, export, interinsulair, local and retail trading, property/real estate development, management services, renting spaces in buildings and investment. The company has three main business segments: Retail and Distribution, Information Technology, and Other Segments. The firm's key revenue is generated by the Retail and Distribution Segment.
64GF Score

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

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