PT Mitra Adiperkasa Tbk (FRA:QGI) Cyclically Adjusted PB Ratio: 2.98 (As of Jul. 29, 2026) — 19% Below Median

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FRA:QGI PT Mitra Adiperkasa Tbk FRA:QGI
86 GF Score
Price €0.06
GF Value €0.07
! 4 Warning Signs
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What is PT Mitra Adiperkasa Tbk Cyclically Adjusted PB Ratio?

PT Mitra Adiperkasa Tbk FRA:QGI -4.80% 86 Cyclically Adjusted PB Ratio is 2.98 as of Jul. 29, 2026, which is 19% below its 10-year median of 3.69. GuruFocus rates FRA:QGI with a GF Score™ of 86/100 and a GF Value™ of €0.07. The stock has 4 warning signs investors should review. Among 808 Retail - Cyclical companies, PT Mitra Adiperkasa Tbk ranks worse than 79.33% on this metric.

As of today (2026-07-29), PT Mitra Adiperkasa Tbk's current share price is €0.0595. PT Mitra Adiperkasa Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.02. PT Mitra Adiperkasa Tbk's Cyclically Adjusted PB Ratio for today is 2.98.

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

FRA:QGI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.1   Med: 3.69   Max: 6.36
Current: 3.14

During the past years, PT Mitra Adiperkasa Tbk's highest Cyclically Adjusted PB Ratio was 6.36. The lowest was 2.10. And the median was 3.69.

FRA:QGI's Cyclically Adjusted PB Ratio is ranked worse than
79.33% of 808 companies
in the Retail - Cyclical industry
Industry Median: 1.235 vs FRA:QGI: 3.14

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 Mitra Adiperkasa Tbk's adjusted book value per share data for the three months ended in Mar. 2026 was €0.045. 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 Mitra Adiperkasa Tbk  (FRA:QGI) 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 Mitra Adiperkasa Tbk Cyclically Adjusted PB Ratio Related Terms


PT Mitra Adiperkasa Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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

PT Mitra Adiperkasa 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 2.74 4.83 5.22 3.57 2.52

PT Mitra Adiperkasa 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 3.29 2.76 2.54 2.52 2.49

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

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

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

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


FRA:QGI
86GF Score
PT Mitra Adiperkasa Tbk FRA:QGI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Mitra Adiperkasa 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 Mitra Adiperkasa Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0595/0.02
=2.98

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

For example, PT Mitra Adiperkasa 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)
=0.045/136.5387*136.5387
=0.045

Current CPI (Mar. 2026) = 136.5387.

PT Mitra Adiperkasa Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.012 103.212 0.016
201609 0.013 104.142 0.017
201612 0.014 105.222 0.018
201703 0.014 106.476 0.018
201706 0.016 107.722 0.020
201709 0.015 108.020 0.019
201712 0.015 109.017 0.019
201803 0.016 110.097 0.020
201806 0.017 111.085 0.021
201809 0.018 111.135 0.022
201812 0.020 112.430 0.024
201903 0.021 112.829 0.025
201906 0.022 114.730 0.026
201909 0.023 114.905 0.027
201912 0.024 115.486 0.028
202003 0.021 116.252 0.025
202006 0.021 116.630 0.025
202009 0.018 116.397 0.021
202012 0.019 117.318 0.022
202103 0.019 117.840 0.022
202106 0.020 118.184 0.023
202109 0.019 118.262 0.022
202112 0.022 119.516 0.025
202203 0.024 120.948 0.027
202206 0.027 123.322 0.030
202209 0.030 125.298 0.033
202212 0.030 126.098 0.032
202303 0.031 126.953 0.033
202306 0.033 127.663 0.035
202309 0.035 128.151 0.037
202312 0.036 129.395 0.038
202403 0.037 130.607 0.039
202406 0.037 130.792 0.039
202409 0.040 130.361 0.042
202412 0.042 131.432 0.044
202503 0.042 131.948 0.043
202506 0.041 133.241 0.042
202509 0.041 133.819 0.042
202512 0.043 135.271 0.043
202603 0.045 136.539 0.045

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 2.98 mean?
PT Mitra Adiperkasa Tbk (FRA:QGI) has a Cyclically Adjusted PB Ratio of 2.98 as of Jul. 29, 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 Mitra Adiperkasa Tbk and its competitors. This is 19% below median its historical median of 3.69. Over the past decade, PT Mitra Adiperkasa Tbk's Cyclically Adjusted PB Ratio has ranged from 2.10 to 6.36. According to the industry distribution chart, PT Mitra Adiperkasa Tbk ranks #641 out of 808 companies in the Retail - Cyclical industry, placing it in the top 79.3%.
Is PT Mitra Adiperkasa Tbk's Cyclically Adjusted PB Ratio too high?
PT Mitra Adiperkasa Tbk's current Cyclically Adjusted PB Ratio of 2.98 is 19% below median its 10-year median of 3.69. Over the past 10 years, this metric has ranged from a low of 2.10 to a high of 6.36. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.24. PT Mitra Adiperkasa Tbk's value of 2.98 is 141.3% above this industry median. Based on the distribution chart, PT Mitra Adiperkasa Tbk ranks #641 out of 808 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, PT Mitra Adiperkasa Tbk has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does PT Mitra Adiperkasa Tbk's Cyclically Adjusted PB Ratio compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, PT Mitra Adiperkasa Tbk ranks #641 out of 808 companies for Cyclically Adjusted PB Ratio. This places PT Mitra Adiperkasa Tbk in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.24. PT Mitra Adiperkasa Tbk's value of 2.98 is 141.3% above this benchmark. Historically, PT Mitra Adiperkasa Tbk's own Cyclically Adjusted PB Ratio has ranged from 2.10 to 6.36 over the past decade. While the company's 10-year median is 3.69 vs. the industry median of 1.24, PT Mitra Adiperkasa Tbk has consistently been above 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 808 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 Mitra Adiperkasa Tbk's current Cyclically Adjusted PB Ratio of 2.98 is 141.3% above 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 Mitra Adiperkasa 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 Mitra Adiperkasa Tbk's current Cyclically Adjusted PB Ratio is 2.98, which is 19% below median its own 10-year median of 3.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Mitra Adiperkasa Tbk stock overvalued right now?
PT Mitra Adiperkasa Tbk (FRA:QGI) has a current Cyclically Adjusted PB Ratio of 2.98. The stock's GF Value™ is €0.07, compared to a current price of €0.06 — trading 15% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.98, which is 19% below median its 10-year median of 3.69 and 141.3% above the Retail - Cyclical industry median of 1.24. PT Mitra Adiperkasa Tbk's overall GF Score™ is 86/100 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 Mitra Adiperkasa Tbk (FRA:QGI), the current Cyclically Adjusted PB Ratio is 2.98 as of Jul. 29, 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 Mitra Adiperkasa Tbk (FRA:QGI) Overvalued in 2026?

Based on GuruFocus' analysis, PT Mitra Adiperkasa Tbk stock appears to be undervalued. The current stock price of €0.06 is trading 15% below its estimated GF Value™ of €0.07.

Key valuation signals for FRA:QGI:

  • Cyclically Adjusted PB Ratio: 2.98 (19% below median its 10-year median of 3.69)
  • GF Value™: €0.07 vs. price of €0.06 (15% below fair value)
  • GF Score™: 86/100 with 4 warning signs
  • Industry Position: 141.3% above the Retail - Cyclical median (#641 of 808)

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


PT Mitra Adiperkasa Tbk Business Description

Other Exchanges PMDKF:USAMAPI:Indonesia
Address Jalan Jend Sudirman Kav 86, 29th Floor, Sahid Sudirman Center, Central Jakarta, Jakarta, IDN, 10220
PT Mitra Adiperkasa Tbk is a departmental store operator in Indonesia. Its portfolio of services comprises sports equipment, fashion, food and beverages, and lifestyle stores managed by over 100 brands like Zara, Lacoste, Adidas, Nike, Starbucks, Domino's Pizza, Galeries, Lafayette, and more. It operates in the following segments: Retail sales; Department stores; Cafe & restaurant; and Others. The majority of its revenue is derived from the Retail sales segment. Its geographical segments include Indonesia, Vietnam, the Philippines, Thailand, and Others.
86GF Score

Get the complete analysis for FRA:QGI

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

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