PT Bank KB Indonesia Tbk (ISX:BBKP) Cyclically Adjusted PB Ratio: 0.13 (As of Aug. 17, 2026) — 28% Below Median

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ISX:BBKP PT Bank KB Indonesia Tbk ISX:BBKP
50 GF Score
Price Rp55.00
GF Value Rp51.29
Valuation Fairly Valued
! 3 Warning Signs
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What is PT Bank KB Indonesia Tbk Cyclically Adjusted PB Ratio?

PT Bank KB Indonesia Tbk ISX:BBKP 50 Cyclically Adjusted PB Ratio is 0.13 as of Aug. 17, 2026, which is 28% below its 10-year median of 0.18. GuruFocus rates ISX:BBKP with a GF Score™ of 50/100 and a GF Value™ of Rp51.29 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,284 Banks companies, PT Bank KB Indonesia Tbk ranks better than 98.13% on this metric.

As of today (2026-08-17), PT Bank KB Indonesia Tbk's current share price is Rp55.00. PT Bank KB Indonesia Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp414.57. PT Bank KB Indonesia Tbk's Cyclically Adjusted PB Ratio for today is 0.13.

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

ISX:BBKP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.18   Max: 0.87
Current: 0.13

During the past years, PT Bank KB Indonesia Tbk's highest Cyclically Adjusted PB Ratio was 0.87. The lowest was 0.09. And the median was 0.18.

ISX:BBKP's Cyclically Adjusted PB Ratio is ranked better than
98.13% of 1284 companies
in the Banks industry
Industry Median: 1.3 vs ISX:BBKP: 0.13

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 Bank KB Indonesia Tbk's adjusted book value per share data for the three months ended in Mar. 2026 was Rp42.949. 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 Rp414.57 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Bank KB Indonesia Tbk  (ISX:BBKP) 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 Bank KB Indonesia Tbk Cyclically Adjusted PB Ratio Related Terms


PT Bank KB Indonesia Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Bank KB Indonesia 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 Bank KB Indonesia Tbk Cyclically Adjusted PB Ratio Chart

PT Bank KB Indonesia 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 0.44 0.17 0.15 0.11 0.18

PT Bank KB Indonesia 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 0.11 0.13 0.17 0.18 0.15

PT Bank KB Indonesia Tbk Cyclically Adjusted PB Ratio Competitor Comparison

For the Banks - Regional subindustry, PT Bank KB Indonesia 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 Bank KB Indonesia Tbk Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, PT Bank KB Indonesia Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:BBKP
50GF Score
PT Bank KB Indonesia Tbk ISX:BBKP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Bank KB Indonesia 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 Bank KB Indonesia Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=55.00/414.57
=0.13

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

For example, PT Bank KB Indonesia 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)
=42.949/136.5387*136.5387
=42.949

Current CPI (Mar. 2026) = 136.5387.

PT Bank KB Indonesia Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 696.943 103.212 921.980
201609 720.243 104.142 944.294
201612 535.168 105.222 694.448
201703 769.753 106.476 987.088
201706 754.508 107.722 956.351
201709 768.892 108.020 971.886
201712 523.380 109.017 655.510
201803 558.426 110.097 692.545
201806 795.092 111.085 977.280
201809 752.386 111.135 924.374
201812 519.313 112.430 630.671
201903 523.213 112.829 633.163
201906 528.030 114.730 628.401
201909 533.714 114.905 634.201
201912 538.130 115.486 636.230
202003 519.494 116.252 610.147
202006 572.477 116.630 670.200
202009 632.896 116.397 742.417
202012 184.443 117.318 214.661
202103 180.499 117.840 209.141
202106 187.714 118.184 216.867
202109 176.243 118.262 203.481
202112 192.027 119.516 219.377
202203 172.379 120.948 194.599
202206 142.982 123.322 158.305
202209 152.989 125.298 166.713
202212 163.224 126.098 176.739
202303 160.107 126.953 172.197
202306 92.446 127.663 98.873
202309 89.278 128.151 95.121
202312 75.238 129.395 79.392
202403 70.809 130.607 74.025
202406 58.409 130.792 60.976
202409 61.110 130.361 64.006
202412 42.512 131.432 44.164
202503 44.412 131.948 45.957
202506 44.673 133.241 45.779
202509 44.122 133.819 45.019
202512 42.926 135.271 43.328
202603 42.949 136.539 42.949

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 0.13 mean?
PT Bank KB Indonesia Tbk (ISX:BBKP) has a Cyclically Adjusted PB Ratio of 0.13 as of Aug. 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 Bank KB Indonesia Tbk and its competitors. This is 28% below median its historical median of 0.18. Over the past decade, PT Bank KB Indonesia Tbk's Cyclically Adjusted PB Ratio has ranged from 0.09 to 0.87. According to the industry distribution chart, PT Bank KB Indonesia Tbk ranks #24 out of 1284 companies in the Banks industry, placing it in the top 1.9%.
Is PT Bank KB Indonesia Tbk's Cyclically Adjusted PB Ratio too high?
PT Bank KB Indonesia Tbk's current Cyclically Adjusted PB Ratio of 0.13 is 28% below median its 10-year median of 0.18. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.87. The Banks industry median Cyclically Adjusted PB Ratio is 1.30. PT Bank KB Indonesia Tbk's value of 0.13 is 90% below this industry median. Based on the distribution chart, PT Bank KB Indonesia Tbk ranks #24 out of 1284 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, PT Bank KB Indonesia Tbk has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Bank KB Indonesia Tbk's Cyclically Adjusted PB Ratio compare to competitors?
According to the Banks industry distribution chart, PT Bank KB Indonesia Tbk ranks #24 out of 1284 companies for Cyclically Adjusted PB Ratio. This places PT Bank KB Indonesia Tbk in the top 2% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.30. PT Bank KB Indonesia Tbk's value of 0.13 is 90% below this benchmark. Historically, PT Bank KB Indonesia Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.09 to 0.87 over the past decade. While the company's 10-year median is 0.18 vs. the industry median of 1.30, PT Bank KB Indonesia 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 Banks company?
The median Cyclically Adjusted PB Ratio among Banks companies is 1.30, based on 1,284 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 Bank KB Indonesia Tbk's current Cyclically Adjusted PB Ratio of 0.13 is 90% 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 Bank KB Indonesia Tbk and its competitors. For the Banks industry, the median Cyclically Adjusted PB Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Bank KB Indonesia Tbk's current Cyclically Adjusted PB Ratio is 0.13, which is 28% below median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bank KB Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bank KB Indonesia Tbk (ISX:BBKP) is currently considered Fairly Valued. The stock's GF Value™ is Rp51.29, compared to a current price of Rp55.00 — trading 7.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.13, which is 28% below median its 10-year median of 0.18 and 90% below the Banks industry median of 1.30. PT Bank KB Indonesia Tbk's overall GF Score™ is 50/100 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 Bank KB Indonesia Tbk (ISX:BBKP), the current Cyclically Adjusted PB Ratio is 0.13 as of Aug. 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 Bank KB Indonesia Tbk (ISX:BBKP) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bank KB Indonesia Tbk stock appears to be overvalued. The current stock price of Rp55.00 is trading 7.2% above its estimated GF Value™ of Rp51.29. GuruFocus considers PT Bank KB Indonesia Tbk to be Fairly Valued.

Key valuation signals for ISX:BBKP:

  • Cyclically Adjusted PB Ratio: 0.13 (28% below median its 10-year median of 0.18)
  • GF Value™: Rp51.29 vs. price of Rp55.00 (7.2% above fair value)
  • GF Score™: 50/100 with 3 warning signs
  • Industry Position: 90% below the Banks median (#24 of 1284)

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


PT Bank KB Indonesia Tbk Business Description

Address Jalan. M.T. Haryono Kav. 50 - 51, Gedung KB Bank, Jakarta Selatan, Jakarta, IDN, 12770
PT Bank KB Indonesia Tbk is an Indonesian banking corporation. The company provides various banking services such as general time deposits, foreign currency deposits, sourcing funds from the public through savings schemes, demand deposits, and time deposits. Its operating segments include Conventional banking and Sharia. The company generates maximum revenue from the Conventional banking segment. Its sources of revenue mostly consist of interest income, fees, commissions, and other income.
50GF Score

Get the complete analysis for ISX:BBKP

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

Rp55.00
Price
Rp51.29
GF Value