PT Bekasi Asri Pemula Tbk (ISX:BAPA) Cyclically Adjusted PB Ratio: 0.79 (As of Aug. 03, 2026) — 119% Above Median

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ISX:BAPA PT Bekasi Asri Pemula Tbk ISX:BAPA
38 GF Score
Price Rp169.00
GF Value Rp50.60
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is PT Bekasi Asri Pemula Tbk Cyclically Adjusted PB Ratio?

PT Bekasi Asri Pemula Tbk ISX:BAPA +1.20% 38 Cyclically Adjusted PB Ratio is 0.79 as of Aug. 03, 2026, which is 119% above its 10-year median of 0.36. GuruFocus rates ISX:BAPA with a GF Score™ of 38/100 and a GF Value™ of Rp50.60 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,414 Real Estate companies, PT Bekasi Asri Pemula Tbk ranks worse than 59.19% on this metric.

As of today (2026-08-03), PT Bekasi Asri Pemula Tbk's current share price is Rp169.00. PT Bekasi Asri Pemula Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp215.03. PT Bekasi Asri Pemula Tbk's Cyclically Adjusted PB Ratio for today is 0.79.

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

ISX:BAPA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.36   Max: 1.76
Current: 0.87

During the past years, PT Bekasi Asri Pemula Tbk's highest Cyclically Adjusted PB Ratio was 1.76. The lowest was 0.24. And the median was 0.36.

ISX:BAPA's Cyclically Adjusted PB Ratio is ranked worse than
59.19% of 1414 companies
in the Real Estate industry
Industry Median: 0.69 vs ISX:BAPA: 0.87

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 Bekasi Asri Pemula Tbk's adjusted book value per share data for the three months ended in Mar. 2026 was Rp171.555. 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 Rp215.03 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Bekasi Asri Pemula Tbk  (ISX:BAPA) 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 Bekasi Asri Pemula Tbk Cyclically Adjusted PB Ratio Related Terms


PT Bekasi Asri Pemula Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Bekasi Asri Pemula 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 Bekasi Asri Pemula Tbk Cyclically Adjusted PB Ratio Chart

PT Bekasi Asri Pemula 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 0.35 0.46 0.32 0.27 0.43

PT Bekasi Asri Pemula 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 0.24 0.24 0.38 0.43 0.36

PT Bekasi Asri Pemula Tbk Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, PT Bekasi Asri Pemula 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 Bekasi Asri Pemula Tbk Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Bekasi Asri Pemula Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:BAPA
38GF Score
PT Bekasi Asri Pemula Tbk ISX:BAPA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Bekasi Asri Pemula 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 Bekasi Asri Pemula Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=169.00/215.03
=0.79

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

For example, PT Bekasi Asri Pemula 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)
=171.555/136.5387*136.5387
=171.555

Current CPI (Mar. 2026) = 136.5387.

PT Bekasi Asri Pemula Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 155.977 103.212 206.341
201609 155.663 104.142 204.086
201612 161.999 105.222 210.214
201703 172.519 106.476 221.229
201706 172.365 107.722 218.475
201709 174.228 108.020 220.226
201712 187.594 109.017 234.953
201803 188.238 110.097 233.448
201806 187.023 111.085 229.878
201809 0.000 111.135 0.000
201812 199.177 112.430 241.887
201903 190.156 112.829 230.116
201906 203.720 114.730 242.444
201909 198.055 114.905 235.345
201912 204.896 115.486 242.248
202003 200.670 116.252 235.688
202006 200.012 116.630 234.154
202009 200.511 116.397 235.209
202012 202.777 117.318 235.999
202103 200.987 117.840 232.880
202106 199.281 118.184 230.231
202109 198.614 118.262 229.309
202112 200.045 119.516 228.537
202203 198.578 120.948 224.175
202206 197.044 123.322 218.161
202209 195.391 125.298 212.919
202212 194.673 126.098 210.792
202303 193.394 126.953 207.997
202306 195.405 127.663 208.991
202309 192.747 128.151 205.362
202312 190.072 129.395 200.566
202403 188.102 130.607 196.645
202406 185.578 130.792 193.732
202409 183.311 130.361 191.998
202412 182.248 131.432 189.330
202503 179.688 131.948 185.939
202506 176.990 133.241 181.371
202509 174.731 133.819 178.282
202512 173.988 135.271 175.618
202603 171.555 136.539 171.555

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 0.79 mean?
PT Bekasi Asri Pemula Tbk (ISX:BAPA) has a Cyclically Adjusted PB Ratio of 0.79 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 Bekasi Asri Pemula Tbk and its competitors. This is 119% above median its historical median of 0.36. Over the past decade, PT Bekasi Asri Pemula Tbk's Cyclically Adjusted PB Ratio has ranged from 0.24 to 1.76. According to the industry distribution chart, PT Bekasi Asri Pemula Tbk ranks #837 out of 1414 companies in the Real Estate industry, placing it in the top 59.2%.
Is PT Bekasi Asri Pemula Tbk's Cyclically Adjusted PB Ratio too high?
PT Bekasi Asri Pemula Tbk's current Cyclically Adjusted PB Ratio of 0.79 is 119% above median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 1.76. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. PT Bekasi Asri Pemula Tbk's value of 0.79 is 14.5% above this industry median. Based on the distribution chart, PT Bekasi Asri Pemula Tbk ranks #837 out of 1414 companies in the Real Estate industry, which is below the industry midpoint. Overall, PT Bekasi Asri Pemula Tbk has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Bekasi Asri Pemula Tbk's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, PT Bekasi Asri Pemula Tbk ranks #837 out of 1414 companies for Cyclically Adjusted PB Ratio. This places PT Bekasi Asri Pemula Tbk in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. PT Bekasi Asri Pemula Tbk's value of 0.79 is 14.5% above this benchmark. Historically, PT Bekasi Asri Pemula Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.24 to 1.76 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 0.69, PT Bekasi Asri Pemula 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,414 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 Bekasi Asri Pemula Tbk's current Cyclically Adjusted PB Ratio of 0.79 is 14.5% 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 Bekasi Asri Pemula Tbk and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Bekasi Asri Pemula Tbk's current Cyclically Adjusted PB Ratio is 0.79, which is 119% above median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bekasi Asri Pemula Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bekasi Asri Pemula Tbk (ISX:BAPA) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp50.60, compared to a current price of Rp169.00 — trading 234% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.79, which is 119% above median its 10-year median of 0.36 and 14.5% above the Real Estate industry median of 0.69. PT Bekasi Asri Pemula Tbk's overall GF Score™ is 38/100 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 Bekasi Asri Pemula Tbk (ISX:BAPA), the current Cyclically Adjusted PB Ratio is 0.79 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 Bekasi Asri Pemula Tbk (ISX:BAPA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bekasi Asri Pemula Tbk stock appears to be overvalued. The current stock price of Rp169.00 is trading 234% above its estimated GF Value™ of Rp50.60. GuruFocus considers PT Bekasi Asri Pemula Tbk to be Significantly Overvalued.

Key valuation signals for ISX:BAPA:

  • Cyclically Adjusted PB Ratio: 0.79 (119% above median its 10-year median of 0.36)
  • GF Value™: Rp50.60 vs. price of Rp169.00 (234% above fair value)
  • GF Score™: 38/100 with 4 warning signs
  • Industry Position: 14.5% above the Real Estate median (#837 of 1414)

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


PT Bekasi Asri Pemula Tbk Business Description

Address Jalan Arjuna No. 1, 2nd Floor, Gedung Tomang Tol Building, Tanjung Duren Selatan, West Jakarta, Jakarta, IDN, 11470
PT Bekasi Asri Pemula Tbk operates as a real estate development company in Indonesia. The company also focuses on activities in the fields of trade, development, industry, printing, agribusiness, mining, and transportation services. The company projects include Taman Alamanda, Alamanda Regency, and Bumi Serpong Residence.
38GF Score

Get the complete analysis for ISX:BAPA

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

Rp169.00
Price
Rp50.60
GF Value