PT Apexindo Pratama Duta Tbk (ISX:APEX) Cyclically Adjusted PB Ratio: 0.53 (As of Jul. 17, 2026) — 15% Below Median

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ISX:APEX PT Apexindo Pratama Duta Tbk ISX:APEX
64 GF Score
Price Rp137.00
GF Value Rp152.76
Valuation Modestly Undervalued
! 3 Warning Signs
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What is PT Apexindo Pratama Duta Tbk Cyclically Adjusted PB Ratio?

PT Apexindo Pratama Duta Tbk ISX:APEX -0.72% 64 Cyclically Adjusted PB Ratio is 0.53 as of Jul. 17, 2026, which is 15% below its 10-year median of 0.62. GuruFocus rates ISX:APEX with a GF Score™ of 64/100 and a GF Value™ of Rp152.76 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 773 Oil & Gas companies, PT Apexindo Pratama Duta Tbk ranks better than 73.87% on this metric.

As of today (2026-07-17), PT Apexindo Pratama Duta Tbk's current share price is Rp137.00. PT Apexindo Pratama Duta Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp258.98. PT Apexindo Pratama Duta Tbk's Cyclically Adjusted PB Ratio for today is 0.53.

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

ISX:APEX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.62   Max: 1.18
Current: 0.51

During the past years, PT Apexindo Pratama Duta Tbk's highest Cyclically Adjusted PB Ratio was 1.18. The lowest was 0.35. And the median was 0.62.

ISX:APEX's Cyclically Adjusted PB Ratio is ranked better than
73.87% of 773 companies
in the Oil & Gas industry
Industry Median: 1.18 vs ISX:APEX: 0.51

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 Apexindo Pratama Duta Tbk's adjusted book value per share data for the three months ended in Mar. 2026 was Rp335.731. 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 Rp258.98 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Apexindo Pratama Duta Tbk  (ISX:APEX) 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 Apexindo Pratama Duta Tbk Cyclically Adjusted PB Ratio Related Terms


PT Apexindo Pratama Duta Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Apexindo Pratama Duta 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 Apexindo Pratama Duta Tbk Cyclically Adjusted PB Ratio Chart

PT Apexindo Pratama Duta 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 0.59 0.71 0.48 0.92

PT Apexindo Pratama Duta 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 0.35 0.46 0.47 0.92 0.72

ISX:APEX vs NE, RIG, VAL: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Drilling subindustry, PT Apexindo Pratama Duta 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 Apexindo Pratama Duta Tbk Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


ISX:APEX
64GF Score
PT Apexindo Pratama Duta Tbk ISX:APEX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Apexindo Pratama Duta 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 Apexindo Pratama Duta Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=137.00/258.98
=0.53

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

For example, PT Apexindo Pratama Duta 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)
=335.731/136.5387*136.5387
=335.731

Current CPI (Mar. 2026) = 136.5387.

PT Apexindo Pratama Duta Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 193.945 103.212 256.568
201609 173.547 104.142 227.533
201612 136.065 105.222 176.562
201703 148.314 106.476 190.190
201706 90.432 107.722 114.624
201709 203.690 108.020 257.466
201712 -239.495 109.017 -299.957
201803 -313.208 110.097 -388.432
201806 -373.023 111.085 -458.498
201809 -456.433 111.135 -560.769
201812 -818.913 112.430 -994.516
201903 -854.567 112.829 -1,034.149
201906 306.053 114.730 364.229
201909 288.063 114.905 342.299
201912 296.600 115.486 350.669
202003 281.972 116.252 331.177
202006 245.957 116.630 287.942
202009 234.924 116.397 275.577
202012 675.156 117.318 785.769
202103 692.973 117.840 802.934
202106 693.729 118.184 801.470
202109 695.864 118.262 803.408
202112 706.897 119.516 807.580
202203 712.076 120.948 803.864
202206 735.770 123.322 814.622
202209 362.779 125.298 395.323
202212 370.710 126.098 401.405
202303 364.628 126.953 392.161
202306 358.032 127.663 382.924
202309 365.863 128.151 389.808
202312 356.011 129.395 375.667
202403 357.150 130.607 373.370
202406 362.758 130.792 378.698
202409 284.426 130.361 297.905
202412 295.489 131.432 306.971
202503 305.917 131.948 316.559
202506 302.880 133.241 310.377
202509 309.700 133.819 315.994
202512 325.214 135.271 328.262
202603 335.731 136.539 335.731

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 0.53 mean?
PT Apexindo Pratama Duta Tbk (ISX:APEX) has a Cyclically Adjusted PB Ratio of 0.53 as of Jul. 17, 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 Apexindo Pratama Duta Tbk and its competitors. This is 15% below median its historical median of 0.62. Over the past decade, PT Apexindo Pratama Duta Tbk's Cyclically Adjusted PB Ratio has ranged from 0.35 to 1.18. According to the industry distribution chart, PT Apexindo Pratama Duta Tbk ranks #202 out of 773 companies in the Oil & Gas industry, placing it in the top 26.1%.
Is PT Apexindo Pratama Duta Tbk's Cyclically Adjusted PB Ratio too high?
PT Apexindo Pratama Duta Tbk's current Cyclically Adjusted PB Ratio of 0.53 is 15% below median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 1.18. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.18. PT Apexindo Pratama Duta Tbk's value of 0.53 is 55.1% below this industry median. Based on the distribution chart, PT Apexindo Pratama Duta Tbk ranks #202 out of 773 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, PT Apexindo Pratama Duta Tbk has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Apexindo Pratama Duta Tbk's Cyclically Adjusted PB Ratio compare to NE and RIG?
According to the Oil & Gas industry distribution chart, PT Apexindo Pratama Duta Tbk ranks #202 out of 773 companies for Cyclically Adjusted PB Ratio. This puts PT Apexindo Pratama Duta Tbk in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.18. PT Apexindo Pratama Duta Tbk's value of 0.53 is 55.1% below this benchmark. Historically, PT Apexindo Pratama Duta Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.35 to 1.18 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 1.18, PT Apexindo Pratama Duta 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 an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.18, based on 773 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 Apexindo Pratama Duta Tbk's current Cyclically Adjusted PB Ratio of 0.53 is 55.1% 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 Apexindo Pratama Duta Tbk and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Apexindo Pratama Duta Tbk's current Cyclically Adjusted PB Ratio is 0.53, which is 15% below median its own 10-year median of 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Apexindo Pratama Duta Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Apexindo Pratama Duta Tbk (ISX:APEX) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp152.76, compared to a current price of Rp137.00 — trading 10.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.53, which is 15% below median its 10-year median of 0.62 and 55.1% below the Oil & Gas industry median of 1.18. PT Apexindo Pratama Duta Tbk's overall GF Score™ is 64/100 with 3 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 Apexindo Pratama Duta Tbk (ISX:APEX), the current Cyclically Adjusted PB Ratio is 0.53 as of Jul. 17, 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 Apexindo Pratama Duta Tbk (ISX:APEX) Overvalued in 2026?

Based on GuruFocus' analysis, PT Apexindo Pratama Duta Tbk stock appears to be undervalued. The current stock price of Rp137.00 is trading 10.3% below its estimated GF Value™ of Rp152.76. GuruFocus considers PT Apexindo Pratama Duta Tbk to be Modestly Undervalued.

Key valuation signals for ISX:APEX:

  • Cyclically Adjusted PB Ratio: 0.53 (15% below median its 10-year median of 0.62)
  • GF Value™: Rp152.76 vs. price of Rp137.00 (10.3% below fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 55.1% below the Oil & Gas median (#202 of 773)

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


PT Apexindo Pratama Duta Tbk Business Description

Industry EnergyOil & Gas
Address Jalan Jend. Sudirman Kav. 52- 53, Office 8 Building, 20th-21st Floor, SCBD Lot 28, Kebayoran Baru, Jakarta, IDN, 12190
PT Apexindo Pratama Duta Tbk is an Indonesian drilling contractor with offshore and onshore drilling capacity for the oil and gas, geothermal, and coal bed methane industries. The company owns and operates both onshore and offshore rigs across different regions in Indonesia. Its operating segments are Offshore Drilling Services (Swampbarges and Jack-up), which derives maximum revenue, and Onshore drilling services.
64GF Score

Get the complete analysis for ISX:APEX

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

Rp137.00
Price
Rp152.76
GF Value