PT Anabatic Technologies Tbk (ISX:ATIC) Cyclically Adjusted PB Ratio: 2.09 (As of Jul. 31, 2026) — 19% Above Median

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ISX:ATIC PT Anabatic Technologies Tbk ISX:ATIC
67 GF Score
Price Rp474.00
GF Value Rp383.72
Valuation Modestly Overvalued
! 4 Warning Signs
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What is PT Anabatic Technologies Tbk Cyclically Adjusted PB Ratio?

PT Anabatic Technologies Tbk ISX:ATIC -1.25% 67 Cyclically Adjusted PB Ratio is 2.09 as of Jul. 31, 2026, which is 19% above its 10-year median of 1.76. GuruFocus rates ISX:ATIC with a GF Score™ of 67/100 and a GF Value™ of Rp383.72 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,576 Software companies, PT Anabatic Technologies Tbk ranks better than 51.97% on this metric.

As of today (2026-07-31), PT Anabatic Technologies Tbk's current share price is Rp474.00. PT Anabatic Technologies Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp227.16. PT Anabatic Technologies Tbk's Cyclically Adjusted PB Ratio for today is 2.09.

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

ISX:ATIC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.39   Med: 1.76   Max: 3.13
Current: 2.09

During the past years, PT Anabatic Technologies Tbk's highest Cyclically Adjusted PB Ratio was 3.13. The lowest was 1.39. And the median was 1.76.

ISX:ATIC's Cyclically Adjusted PB Ratio is ranked better than
51.97% of 1576 companies
in the Software industry
Industry Median: 2.235 vs ISX:ATIC: 2.09

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 Anabatic Technologies Tbk's adjusted book value per share data for the three months ended in Mar. 2026 was Rp264.194. 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 Rp227.16 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Anabatic Technologies Tbk  (ISX:ATIC) 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 Anabatic Technologies Tbk Cyclically Adjusted PB Ratio Related Terms


PT Anabatic Technologies Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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

PT Anabatic Technologies 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 2.18 1.63 2.83

PT Anabatic Technologies 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 2.01 1.70 1.88 2.83 2.20

ISX:ATIC vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, PT Anabatic Technologies 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 Anabatic Technologies Tbk Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, PT Anabatic Technologies Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:ATIC
67GF Score
PT Anabatic Technologies Tbk ISX:ATIC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=474.00/227.16
=2.09

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

For example, PT Anabatic Technologies 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)
=264.194/136.5387*136.5387
=264.194

Current CPI (Mar. 2026) = 136.5387.

PT Anabatic Technologies Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 297.560 103.212 393.640
201609 293.807 104.142 385.204
201612 323.334 105.222 419.567
201703 322.463 106.476 413.508
201706 320.282 107.722 405.962
201709 303.951 108.020 384.197
201712 317.990 109.017 398.268
201803 321.199 110.097 398.342
201806 298.690 111.085 367.132
201809 295.823 111.135 363.445
201812 331.132 112.430 402.138
201903 324.114 112.829 392.225
201906 315.237 114.730 375.159
201909 308.108 114.905 366.118
201912 329.553 115.486 389.630
202003 341.442 116.252 401.025
202006 317.594 116.630 371.808
202009 320.228 116.397 375.643
202012 64.642 117.318 75.233
202103 102.819 117.840 119.134
202106 90.888 118.184 105.004
202109 70.787 118.262 81.727
202112 -53.307 119.516 -60.899
202203 -22.038 120.948 -24.879
202206 -19.258 123.322 -21.322
202209 -17.987 125.298 -19.601
202212 -21.541 126.098 -23.325
202303 -3.500 126.953 -3.764
202306 13.260 127.663 14.182
202309 10.934 128.151 11.650
202312 88.871 129.395 93.778
202403 102.668 130.607 107.331
202406 126.874 130.792 132.449
202409 141.333 130.361 148.031
202412 172.609 131.432 179.316
202503 187.398 131.948 193.917
202506 213.404 133.241 218.686
202509 237.286 133.819 242.109
202512 247.938 135.271 250.261
202603 264.194 136.539 264.194

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 2.09 mean?
PT Anabatic Technologies Tbk (ISX:ATIC) has a Cyclically Adjusted PB Ratio of 2.09 as of Jul. 31, 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 Anabatic Technologies Tbk and its competitors. This is 19% above median its historical median of 1.76. Over the past decade, PT Anabatic Technologies Tbk's Cyclically Adjusted PB Ratio has ranged from 1.39 to 3.13. According to the industry distribution chart, PT Anabatic Technologies Tbk ranks #757 out of 1576 companies in the Software industry, placing it in the top 48%.
Is PT Anabatic Technologies Tbk's Cyclically Adjusted PB Ratio too high?
PT Anabatic Technologies Tbk's current Cyclically Adjusted PB Ratio of 2.09 is 19% above median its 10-year median of 1.76. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 3.13. The Software industry median Cyclically Adjusted PB Ratio is 2.24. PT Anabatic Technologies Tbk's value of 2.09 is 6.5% below this industry median. Based on the distribution chart, PT Anabatic Technologies Tbk ranks #757 out of 1576 companies in the Software industry, which is above the industry midpoint. Overall, PT Anabatic Technologies Tbk has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Anabatic Technologies Tbk's Cyclically Adjusted PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, PT Anabatic Technologies Tbk ranks #757 out of 1576 companies for Cyclically Adjusted PB Ratio. This puts PT Anabatic Technologies Tbk in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.24. PT Anabatic Technologies Tbk's value of 2.09 is 6.5% below this benchmark. Historically, PT Anabatic Technologies Tbk's own Cyclically Adjusted PB Ratio has ranged from 1.39 to 3.13 over the past decade. While the company's 10-year median is 1.76 vs. the industry median of 2.24, PT Anabatic Technologies 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.24, based on 1,576 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 Anabatic Technologies Tbk's current Cyclically Adjusted PB Ratio of 2.09 is 6.5% 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 Anabatic Technologies Tbk and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Anabatic Technologies Tbk's current Cyclically Adjusted PB Ratio is 2.09, which is 19% above median its own 10-year median of 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Anabatic Technologies Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Anabatic Technologies Tbk (ISX:ATIC) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp383.72, compared to a current price of Rp474.00 — trading 23.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.09, which is 19% above median its 10-year median of 1.76 and 6.5% below the Software industry median of 2.24. PT Anabatic Technologies Tbk's overall GF Score™ is 67/100 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 Anabatic Technologies Tbk (ISX:ATIC), the current Cyclically Adjusted PB Ratio is 2.09 as of Jul. 31, 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 Anabatic Technologies Tbk (ISX:ATIC) Overvalued in 2026?

Based on GuruFocus' analysis, PT Anabatic Technologies Tbk stock appears to be overvalued. The current stock price of Rp474.00 is trading 23.5% above its estimated GF Value™ of Rp383.72. GuruFocus considers PT Anabatic Technologies Tbk to be Modestly Overvalued.

Key valuation signals for ISX:ATIC:

  • Cyclically Adjusted PB Ratio: 2.09 (19% above median its 10-year median of 1.76)
  • GF Value™: Rp383.72 vs. price of Rp474.00 (23.5% above fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 6.5% below the Software median (#757 of 1576)

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


PT Anabatic Technologies Tbk Business Description

Address Jalan Jend. Gatot Subroto Kav. 23, Graha BIP 7th Floor, Karet Semanggi, Setiabudi, South Jakarta, IDN, 12930
PT Anabatic Technologies Tbk is a company based in Indonesia. It engages in the field of Information Technology, which consists of system integration, business process outsourcing services, information technology outsourcing services, value-added distribution services and other supporting business sectors. The company's operating segments include: Digital Enriched Outsourcing Services; Cloud and Digital Platform Partner; and Others. The company generates the majority of its revenue from the Cloud and Digital Platform Partner, which includes sales of hardware and software, and IT solution service. Geographically, the company generates the majority of its revenue from Indonesia, and also has its presence overseas.
67GF Score

Get the complete analysis for ISX:ATIC

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

Rp474.00
Price
Rp383.72
GF Value