PT AKRorindo Tbk (ISX:AKRA) Cyclically Adjusted PB Ratio: 2.16 (As of Sep. 22, 2026) — 15% Below Median

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ISX:AKRA PT AKR Corporindo Tbk ISX:AKRA
91 GF Score
Price Rp1,450.00
GF Value Rp1,730.43
Valuation Modestly Undervalued
! 6 Warning Signs
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What is PT AKRorindo Tbk Cyclically Adjusted PB Ratio?

PT AKRorindo Tbk ISX:AKRA 91 Cyclically Adjusted PB Ratio is 2.16 as of Sep. 22, 2026, which is 15% below its 10-year median of 2.53. GuruFocus rates ISX:AKRA with a GF Score™ of 91/100 and a GF Value™ of Rp1,730.43 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 753 Oil & Gas companies, PT AKRorindo Tbk ranks worse than 78.88% on this metric.

As of today (2026-09-22), PT AKRorindo Tbk's current share price is Rp1450.00. PT AKRorindo Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Rp671.63. PT AKRorindo Tbk's Cyclically Adjusted PB Ratio for today is 2.16.

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

ISX:AKRA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.96   Med: 2.53   Max: 4.73
Current: 2.77

During the past years, PT AKRorindo Tbk's highest Cyclically Adjusted PB Ratio was 4.73. The lowest was 0.96. And the median was 2.53.

ISX:AKRA's Cyclically Adjusted PB Ratio is ranked worse than
78.88% of 753 companies
in the Oil & Gas industry
Industry Median: 1.27 vs ISX:AKRA: 2.77

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 AKRorindo Tbk's adjusted book value per share data for the three months ended in Jun. 2026 was Rp815.330. 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 Rp671.63 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT AKRorindo Tbk  (ISX:AKRA) 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 AKRorindo Tbk Cyclically Adjusted PB Ratio Related Terms


PT AKRorindo Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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

PT AKRorindo 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 1.79 2.70 2.62 1.85 1.93

PT AKRorindo 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 1.87 1.92 1.95 2.13 1.80

ISX:AKRA vs MPC, VLO, PSX: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, PT AKRorindo 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 AKRorindo Tbk Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PT AKRorindo Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:AKRA
91GF Score
PT AKR Corporindo Tbk ISX:AKRA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT AKRorindo 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 AKRorindo Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1450.00/671.633
=2.16

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

For example, PT AKRorindo 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)
=815.33/137.6954*137.6954
=815.330

Current CPI (Jun. 2026) = 137.6954.

PT AKRorindo Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 104.142 0.000
201612 404.547 105.222 529.398
201703 418.501 106.476 541.209
201706 430.393 107.722 550.151
201709 432.435 108.020 551.232
201712 450.769 109.017 569.350
201803 497.369 110.097 622.049
201806 490.781 111.085 608.349
201809 476.974 111.135 590.970
201812 494.525 112.430 605.656
201903 506.232 112.829 617.803
201906 492.188 114.730 590.708
201909 491.692 114.905 589.217
201912 501.501 115.486 597.946
202003 522.578 116.252 618.969
202006 518.572 116.630 612.236
202009 522.235 116.397 617.796
202012 534.847 117.318 627.746
202103 555.897 117.840 649.564
202106 554.352 118.184 645.872
202109 555.726 118.262 647.047
202112 572.471 119.516 659.548
202203 594.104 120.948 676.367
202206 607.562 123.322 678.372
202209 614.656 125.298 675.470
202212 666.499 126.098 727.800
202303 699.448 126.953 758.636
202306 673.062 127.663 725.955
202309 663.888 128.151 713.331
202312 711.498 129.395 757.141
202403 745.998 130.607 786.485
202406 720.074 130.792 758.083
202409 689.384 130.361 728.171
202412 740.350 131.432 775.634
202503 772.951 131.948 806.617
202506 758.279 133.241 783.631
202509 735.509 133.819 756.815
202512 788.390 135.271 802.519
202603 817.575 136.539 824.501
202606 815.330 137.695 815.330

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 2.16 mean?
PT AKRorindo Tbk (ISX:AKRA) has a Cyclically Adjusted PB Ratio of 2.16 as of Sep. 22, 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 AKRorindo Tbk and its competitors. This is 15% below median its historical median of 2.53. Over the past decade, PT AKRorindo Tbk's Cyclically Adjusted PB Ratio has ranged from 0.96 to 4.73. According to the industry distribution chart, PT AKRorindo Tbk ranks #594 out of 753 companies in the Oil & Gas industry, placing it in the top 78.9%.
Is PT AKRorindo Tbk's Cyclically Adjusted PB Ratio too high?
PT AKRorindo Tbk's current Cyclically Adjusted PB Ratio of 2.16 is 15% below median its 10-year median of 2.53. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 4.73. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.27. PT AKRorindo Tbk's value of 2.16 is 70.1% above this industry median. Based on the distribution chart, PT AKRorindo Tbk ranks #594 out of 753 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, PT AKRorindo Tbk has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT AKRorindo Tbk's Cyclically Adjusted PB Ratio compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, PT AKRorindo Tbk ranks #594 out of 753 companies for Cyclically Adjusted PB Ratio. This places PT AKRorindo Tbk in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. PT AKRorindo Tbk's value of 2.16 is 70.1% above this benchmark. Historically, PT AKRorindo Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.96 to 4.73 over the past decade. While the company's 10-year median is 2.53 vs. the industry median of 1.27, PT AKRorindo 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 an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.27, based on 753 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 AKRorindo Tbk's current Cyclically Adjusted PB Ratio of 2.16 is 70.1% 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 AKRorindo Tbk and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT AKRorindo Tbk's current Cyclically Adjusted PB Ratio is 2.16, which is 15% below median its own 10-year median of 2.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT AKRorindo Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT AKRorindo Tbk (ISX:AKRA) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp1,730.43, compared to a current price of Rp1,450.00 — trading 16.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.16, which is 15% below median its 10-year median of 2.53 and 70.1% above the Oil & Gas industry median of 1.27. PT AKRorindo Tbk's overall GF Score™ is 91/100 with 6 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 AKRorindo Tbk (ISX:AKRA), the current Cyclically Adjusted PB Ratio is 2.16 as of Sep. 22, 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 AKRorindo Tbk (ISX:AKRA) Overvalued in 2026?

Based on GuruFocus' analysis, PT AKRorindo Tbk stock appears to be undervalued. The current stock price of Rp1,450.00 is trading 16.2% below its estimated GF Value™ of Rp1,730.43. GuruFocus considers PT AKRorindo Tbk to be Modestly Undervalued.

Key valuation signals for ISX:AKRA:

  • Cyclically Adjusted PB Ratio: 2.16 (15% below median its 10-year median of 2.53)
  • GF Value™: Rp1,730.43 vs. price of Rp1,450.00 (16.2% below fair value)
  • GF Score™: 91/100 with 6 warning signs
  • Industry Position: 70.1% above the Oil & Gas median (#594 of 753)

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


PT AKRorindo Tbk Business Description

Industry EnergyOil & Gas
Other Exchanges PKCPY:USA
Address Jalan Panjang No. 5 Kebon Jeruk, AKR Tower, 26th Floor, West Jakarta, Jakarta, IDN, 11530
PT AKR Corporindo Tbk is engaged in chemicals distribution. The company segments are: The Trading and distribution segment, which accounts for majority of the total revenue, distributes industrial and retail petroleum products, other basic chemicals, and lubricants for the industrial, marine and other sectors. The Logistics Services segment provides various kinds of logistics services such as rental of storage tanks and warehouses, bagging etc and transportation services mainly for liquid and solid chemical and petroleum products in Indonesia. The Manufacturing segment makes adhesive materials. Industrial estate and related utility services comprises of sales and lease of industrial estate land, sales of electricity and other related services to tenants of the estate.
91GF Score

Get the complete analysis for ISX:AKRA

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

Rp1,450.00
Price
Rp1,730.43
GF Value