PT Bumi Resources Tbk (FRA:PJM) Cyclically Adjusted PB Ratio: (As of Jul. 16, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:PJM PT Bumi Resources Tbk FRA:PJM
63 GF Score
Price €0.01
GF Value €0.01
Valuation Possible Value Trap
! 5 Warning Signs
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What is PT Bumi Resources Tbk Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation

PT Bumi Resources Tbk  (FRA:PJM) 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 Bumi Resources Tbk Cyclically Adjusted PB Ratio Related Terms

PT Bumi Resources Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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

PT Bumi Resources 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 0.00 0.00 0.00 0.00 0.00

PT Bumi Resources 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 0.00 0.00 0.00 0.00 0.00

PT Bumi Resources Tbk Cyclically Adjusted PB Ratio Competitor Comparison

For the Thermal Coal subindustry, PT Bumi Resources 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 Bumi Resources Tbk Cyclically Adjusted PB Ratio vs Other Energy Sources Industry

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

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


FRA:PJM
63GF Score
PT Bumi Resources Tbk FRA:PJM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Bumi Resources 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 Bumi Resources Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, PT Bumi Resources 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)
=0.004/136.5387*136.5387
=0.004

Current CPI (Mar. 2026) = 136.5387.

PT Bumi Resources Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 -0.069 103.212 -0.091
201609 -0.067 104.142 -0.088
201612 -0.073 105.222 -0.095
201703 -0.068 106.476 -0.087
201706 -0.079 107.722 -0.100
201709 -0.007 108.020 -0.009
201712 -0.006 109.017 -0.008
201803 -0.004 110.097 -0.005
201806 -0.004 111.085 -0.005
201809 -0.003 111.135 -0.004
201812 -0.003 112.430 -0.004
201903 -0.002 112.829 -0.002
201906 -0.002 114.730 -0.002
201909 -0.002 114.905 -0.002
201912 -0.003 115.486 -0.004
202003 -0.003 116.252 -0.004
202006 -0.003 116.630 -0.004
202009 -0.005 116.397 -0.006
202012 -0.007 117.318 -0.008
202103 -0.007 117.840 -0.008
202106 -0.006 118.184 -0.007
202109 -0.006 118.262 -0.007
202112 -0.006 119.516 -0.007
202203 -0.003 120.948 -0.003
202206 -0.002 123.322 -0.002
202209 -0.001 125.298 -0.001
202212 0.004 126.098 0.004
202303 0.004 126.953 0.004
202306 0.004 127.663 0.004
202309 0.004 128.151 0.004
202312 0.004 129.395 0.004
202403 0.004 130.607 0.004
202406 0.004 130.792 0.004
202409 0.004 130.361 0.004
202412 0.004 131.432 0.004
202503 0.004 131.948 0.004
202506 0.004 133.241 0.004
202509 0.004 133.819 0.004
202512 0.004 135.271 0.004
202603 0.004 136.539 0.004

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 Bumi Resources Tbk (FRA:PJM) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bumi Resources Tbk stock appears to be undervalued. The current stock price of €0.01 is trading 40% below its estimated GF Value™ of €0.01. GuruFocus considers PT Bumi Resources Tbk to be Possible Value Trap.

Key valuation signals for FRA:PJM:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €0.01 vs. price of €0.01 (40% below fair value)
  • GF Score™: 63/100 with 5 warning signs

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

PT Bumi Resources Tbk Business Description

Other Exchanges PBMRY:USABUMI:Indonesia
Address Jalan H.R. Rasuna Said, 12th Floor, Bakrie Tower Building, Komplek Rasuna Epicentrum, Jakarta Selatan, Jakarta, IDN, 12940
PT Bumi Resources Tbk is an Indonesia-based holding company engaged in coal mining. The company's main business segments are holding companies, coal, and minerals. The Holding Company segment includes the company and other holding companies. The Coal segment is engaged in coal mining activities, comprising exploration and exploitation of coal deposits. The Minerals segment includes the activity of gold and silver is under exploration stage. The Coal segment is responsible for generating the majority of the revenue.
63GF Score

Get the complete analysis for FRA:PJM

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

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