PT Argha Karya Prima Industry Tbk (ISX:AKPI) Cyclically Adjusted PB Ratio: 0.19 (As of Aug. 03, 2026) — 27% Below Median

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ISX:AKPI PT Argha Karya Prima Industry Tbk ISX:AKPI
58 GF Score
Price Rp510.00
GF Value Rp614.04
Valuation Modestly Undervalued
! 7 Warning Signs
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What is PT Argha Karya Prima Industry Tbk Cyclically Adjusted PB Ratio?

PT Argha Karya Prima Industry Tbk ISX:AKPI +2.00% 58 Cyclically Adjusted PB Ratio is 0.19 as of Aug. 03, 2026, which is 27% below its 10-year median of 0.26. GuruFocus rates ISX:AKPI with a GF Score™ of 58/100 and a GF Value™ of Rp614.04 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 313 Packaging & Containers companies, PT Argha Karya Prima Industry Tbk ranks better than 96.49% on this metric.

As of today (2026-08-03), PT Argha Karya Prima Industry Tbk's current share price is Rp510.00. PT Argha Karya Prima Industry Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp2,687.05. PT Argha Karya Prima Industry Tbk's Cyclically Adjusted PB Ratio for today is 0.19.

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

ISX:AKPI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.26   Max: 0.82
Current: 0.18

During the past years, PT Argha Karya Prima Industry Tbk's highest Cyclically Adjusted PB Ratio was 0.82. The lowest was 0.14. And the median was 0.26.

ISX:AKPI's Cyclically Adjusted PB Ratio is ranked better than
96.49% of 313 companies
in the Packaging & Containers industry
Industry Median: 1.09 vs ISX:AKPI: 0.18

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 Argha Karya Prima Industry Tbk's adjusted book value per share data for the three months ended in Mar. 2026 was Rp2,986.795. 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 Rp2,687.05 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Argha Karya Prima Industry Tbk  (ISX:AKPI) 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 Argha Karya Prima Industry Tbk Cyclically Adjusted PB Ratio Related Terms


PT Argha Karya Prima Industry Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Argha Karya Prima Industry 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 Argha Karya Prima Industry Tbk Cyclically Adjusted PB Ratio Chart

PT Argha Karya Prima Industry 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 0.53 0.30 0.24 0.22

PT Argha Karya Prima Industry 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 0.23 0.23 0.21 0.22 0.18

ISX:AKPI vs SW, PKG, IP: Cyclically Adjusted PB Ratio Comparison

For the Packaging & Containers subindustry, PT Argha Karya Prima Industry 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 Argha Karya Prima Industry Tbk Cyclically Adjusted PB Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, PT Argha Karya Prima Industry Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Argha Karya Prima Industry Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:AKPI
58GF Score
PT Argha Karya Prima Industry Tbk ISX:AKPI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Argha Karya Prima Industry 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 Argha Karya Prima Industry Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=510.00/2687.05
=0.19

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

For example, PT Argha Karya Prima Industry 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)
=2986.795/136.5387*136.5387
=2,986.795

Current CPI (Mar. 2026) = 136.5387.

PT Argha Karya Prima Industry Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201603 1,782.331 102.764 2,368.119
201606 1,799.160 103.212 2,380.094
201609 1,789.634 104.142 2,346.348
201612 1,829.590 105.222 2,374.124
201703 1,837.698 106.476 2,356.560
201709 1,855.248 108.020 2,345.049
201712 1,840.310 109.017 2,304.904
201803 1,883.835 110.097 2,336.281
201806 0.000 111.085 0.000
201809 1,989.674 111.135 2,444.493
201812 2,015.397 112.430 2,447.567
201903 2,012.542 112.829 2,435.465
201906 1,993.808 114.730 2,372.801
201909 2,001.772 114.905 2,378.663
201912 2,033.540 115.486 2,404.249
202003 2,405.702 116.252 2,825.505
202006 2,099.530 116.630 2,457.923
202009 2,188.457 116.397 2,567.163
202012 2,146.145 117.318 2,497.755
202103 2,248.534 117.840 2,605.333
202106 2,253.531 118.184 2,603.520
202109 2,372.624 118.262 2,739.306
202112 2,402.990 119.516 2,745.246
202203 2,589.612 120.948 2,923.419
202206 2,734.536 123.322 3,027.593
202209 2,836.154 125.298 3,090.580
202212 2,851.408 126.098 3,087.507
202303 2,795.069 126.953 3,006.125
202306 2,751.746 127.663 2,943.062
202309 2,787.999 128.151 2,970.469
202312 2,698.307 129.395 2,847.283
202403 2,784.566 130.607 2,911.031
202406 2,879.262 130.792 3,005.779
202409 2,708.154 130.361 2,836.493
202412 2,833.140 131.432 2,943.231
202503 2,919.720 131.948 3,021.293
202506 2,858.223 133.241 2,928.972
202509 2,939.546 133.819 2,999.289
202512 2,902.365 135.271 2,929.563
202603 2,986.795 136.539 2,986.795

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 0.19 mean?
PT Argha Karya Prima Industry Tbk (ISX:AKPI) has a Cyclically Adjusted PB Ratio of 0.19 as of Aug. 03, 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 Argha Karya Prima Industry Tbk and its competitors. This is 27% below median its historical median of 0.26. Over the past decade, PT Argha Karya Prima Industry Tbk's Cyclically Adjusted PB Ratio has ranged from 0.14 to 0.82. According to the industry distribution chart, PT Argha Karya Prima Industry Tbk ranks #11 out of 313 companies in the Packaging & Containers industry, placing it in the top 3.5%.
Is PT Argha Karya Prima Industry Tbk's Cyclically Adjusted PB Ratio too high?
PT Argha Karya Prima Industry Tbk's current Cyclically Adjusted PB Ratio of 0.19 is 27% below median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.82. The Packaging & Containers industry median Cyclically Adjusted PB Ratio is 1.09. PT Argha Karya Prima Industry Tbk's value of 0.19 is 82.6% below this industry median. Based on the distribution chart, PT Argha Karya Prima Industry Tbk ranks #11 out of 313 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, PT Argha Karya Prima Industry Tbk has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Argha Karya Prima Industry Tbk's Cyclically Adjusted PB Ratio compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, PT Argha Karya Prima Industry Tbk ranks #11 out of 313 companies for Cyclically Adjusted PB Ratio. This places PT Argha Karya Prima Industry Tbk in the top 4% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.09. PT Argha Karya Prima Industry Tbk's value of 0.19 is 82.6% below this benchmark. Historically, PT Argha Karya Prima Industry Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.14 to 0.82 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 1.09, PT Argha Karya Prima Industry 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 Packaging & Containers company?
The median Cyclically Adjusted PB Ratio among Packaging & Containers companies is 1.09, based on 313 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 Argha Karya Prima Industry Tbk's current Cyclically Adjusted PB Ratio of 0.19 is 82.6% 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 Argha Karya Prima Industry Tbk and its competitors. For the Packaging & Containers industry, the median Cyclically Adjusted PB Ratio is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Argha Karya Prima Industry Tbk's current Cyclically Adjusted PB Ratio is 0.19, which is 27% below median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Argha Karya Prima Industry Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Argha Karya Prima Industry Tbk (ISX:AKPI) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp614.04, compared to a current price of Rp510.00 — trading 16.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.19, which is 27% below median its 10-year median of 0.26 and 82.6% below the Packaging & Containers industry median of 1.09. PT Argha Karya Prima Industry Tbk's overall GF Score™ is 58/100 with 7 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 Argha Karya Prima Industry Tbk (ISX:AKPI), the current Cyclically Adjusted PB Ratio is 0.19 as of Aug. 03, 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 Argha Karya Prima Industry Tbk (ISX:AKPI) Overvalued in 2026?

Based on GuruFocus' analysis, PT Argha Karya Prima Industry Tbk stock appears to be undervalued. The current stock price of Rp510.00 is trading 16.9% below its estimated GF Value™ of Rp614.04. GuruFocus considers PT Argha Karya Prima Industry Tbk to be Modestly Undervalued.

Key valuation signals for ISX:AKPI:

  • Cyclically Adjusted PB Ratio: 0.19 (27% below median its 10-year median of 0.26)
  • GF Value™: Rp614.04 vs. price of Rp510.00 (16.9% below fair value)
  • GF Score™: 58/100 with 7 warning signs
  • Industry Position: 82.6% below the Packaging & Containers median (#11 of 313)

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


PT Argha Karya Prima Industry Tbk Business Description

Address Jl. Jend Sudirman Kav. 52-53, Kelurahan Senayan, Kecamatan Kebayoran Baru, Prosperity Tower, Floor 51, District 8, SCBD Lot. 28, Jakarta Selatan, Jakarta, IDN, 12190
PT Argha Karya Prima Industry Tbk is engaged in the production and distribution of flexible packaging of Biaxially Oriented Poly Propylene (BOPP) film and Polyester (PET) film. It produces plastic films based on Polypropylene (PP) and Polyethylene Terephthalate (PET), which are marketed in the form of BOPP (Biaxially Oriented Polypropylene), BOPET (Biaxially Oriented Polyethylene Terephthalate), and CPP (Cast Polypropylene). The company markets its products under the trademarks ARLENE is used for BOPP products, ARETA for BOPET or polyester products, and ARCYLENE for CPP products. Its products are applied, among others, for food packaging, cigarette packaging, paper lamination, labels, as well as various other packaging needs. It operates in two segments manufacturing and distribution.
58GF Score

Get the complete analysis for ISX:AKPI

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

Rp510.00
Price
Rp614.04
GF Value