PT Astrindo Nusantara Infrastruktur Tbk (ISX:BIPI) Cyclically Adjusted PB Ratio: 0.88 (As of Sep. 16, 2026) — 49% Above Median

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ISX:BIPI PT Astrindo Nusantara Infrastruktur Tbk ISX:BIPI
77 GF Score
Price Rp138.00
GF Value Rp38.50
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is PT Astrindo Nusantara Infrastruktur Tbk Cyclically Adjusted PB Ratio?

PT Astrindo Nusantara Infrastruktur Tbk ISX:BIPI -2.82% 77 Cyclically Adjusted PB Ratio is 0.88 as of Sep. 16, 2026, which is 49% above its 10-year median of 0.59. GuruFocus rates ISX:BIPI with a GF Score™ of 77/100 and a GF Value™ of Rp38.50 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 133 Other Energy Sources companies, PT Astrindo Nusantara Infrastruktur Tbk ranks worse than 50.38% on this metric.

As of today (2026-09-16), PT Astrindo Nusantara Infrastruktur Tbk's current share price is Rp138.00. PT Astrindo Nusantara Infrastruktur Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Rp155.98. PT Astrindo Nusantara Infrastruktur Tbk's Cyclically Adjusted PB Ratio for today is 0.88.

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

ISX:BIPI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.59   Max: 2.33
Current: 1.17

During the past years, PT Astrindo Nusantara Infrastruktur Tbk's highest Cyclically Adjusted PB Ratio was 2.33. The lowest was 0.01. And the median was 0.59.

ISX:BIPI's Cyclically Adjusted PB Ratio is ranked worse than
50.38% of 133 companies
in the Other Energy Sources industry
Industry Median: 1.17 vs ISX:BIPI: 1.17

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 Astrindo Nusantara Infrastruktur Tbk's adjusted book value per share data for the three months ended in Jun. 2026 was Rp167.859. 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 Rp155.98 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Astrindo Nusantara Infrastruktur Tbk  (ISX:BIPI) 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 Astrindo Nusantara Infrastruktur Tbk Cyclically Adjusted PB Ratio Related Terms


PT Astrindo Nusantara Infrastruktur Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Astrindo Nusantara Infrastruktur 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 Astrindo Nusantara Infrastruktur Tbk Cyclically Adjusted PB Ratio Chart

PT Astrindo Nusantara Infrastruktur 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 0.34 1.03 0.71 0.60 0.61

PT Astrindo Nusantara Infrastruktur 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 0.49 0.66 0.55 1.16 0.72

PT Astrindo Nusantara Infrastruktur Tbk Cyclically Adjusted PB Ratio Competitor Comparison

For the Thermal Coal subindustry, PT Astrindo Nusantara Infrastruktur 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 Astrindo Nusantara Infrastruktur Tbk Cyclically Adjusted PB Ratio vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Astrindo Nusantara Infrastruktur Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:BIPI
77GF Score
PT Astrindo Nusantara Infrastruktur Tbk ISX:BIPI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Astrindo Nusantara Infrastruktur 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 Astrindo Nusantara Infrastruktur Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=138.00/155.983
=0.88

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

For example, PT Astrindo Nusantara Infrastruktur 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)
=167.859/137.6954*137.6954
=167.859

Current CPI (Jun. 2026) = 137.6954.

PT Astrindo Nusantara Infrastruktur Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 152.175 104.142 201.203
201612 109.731 105.222 143.596
201703 113.177 106.476 146.361
201706 117.632 107.722 150.364
201709 121.640 108.020 155.057
201712 74.343 109.017 93.900
201803 121.098 110.097 151.455
201806 0.000 111.085 0.000
201809 0.000 111.135 0.000
201812 131.358 112.430 160.877
201903 138.525 112.829 169.055
201906 139.564 114.730 167.500
201909 137.990 114.905 165.360
201912 112.901 115.486 134.613
202003 133.703 116.252 158.365
202006 121.697 116.630 143.678
202009 128.172 116.397 151.626
202012 121.209 117.318 142.262
202103 128.009 117.840 149.578
202106 128.769 118.184 150.028
202109 128.759 118.262 149.918
202112 129.338 119.516 149.011
202203 131.046 120.948 149.191
202206 144.395 123.322 161.224
202209 142.091 125.298 156.149
202212 144.124 126.098 157.380
202303 166.693 126.953 180.799
202306 167.453 127.663 180.612
202309 173.846 128.151 186.793
202312 140.039 129.395 149.023
202403 143.920 130.607 151.731
202406 149.722 130.792 157.625
202409 139.021 130.361 146.843
202412 149.404 131.432 156.524
202503 155.055 131.948 161.808
202506 148.317 133.241 153.276
202509 153.835 133.819 158.291
202512 155.465 135.271 158.251
202603 158.808 136.539 160.153
202606 167.859 137.695 167.859

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 0.88 mean?
PT Astrindo Nusantara Infrastruktur Tbk (ISX:BIPI) has a Cyclically Adjusted PB Ratio of 0.88 as of Sep. 16, 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 Astrindo Nusantara Infrastruktur Tbk and its competitors. This is 49% above median its historical median of 0.59. Over the past decade, PT Astrindo Nusantara Infrastruktur Tbk's Cyclically Adjusted PB Ratio has ranged from 0.01 to 2.33. According to the industry distribution chart, PT Astrindo Nusantara Infrastruktur Tbk ranks #67 out of 133 companies in the Other Energy Sources industry, placing it in the top 50.4%.
Is PT Astrindo Nusantara Infrastruktur Tbk's Cyclically Adjusted PB Ratio too high?
PT Astrindo Nusantara Infrastruktur Tbk's current Cyclically Adjusted PB Ratio of 0.88 is 49% above median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 2.33. The Other Energy Sources industry median Cyclically Adjusted PB Ratio is 1.17. PT Astrindo Nusantara Infrastruktur Tbk's value of 0.88 is 24.8% below this industry median. Based on the distribution chart, PT Astrindo Nusantara Infrastruktur Tbk ranks #67 out of 133 companies in the Other Energy Sources industry, which is below the industry midpoint. Overall, PT Astrindo Nusantara Infrastruktur Tbk has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Astrindo Nusantara Infrastruktur Tbk's Cyclically Adjusted PB Ratio compare to competitors?
According to the Other Energy Sources industry distribution chart, PT Astrindo Nusantara Infrastruktur Tbk ranks #67 out of 133 companies for Cyclically Adjusted PB Ratio. This places PT Astrindo Nusantara Infrastruktur Tbk in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.17. PT Astrindo Nusantara Infrastruktur Tbk's value of 0.88 is 24.8% below this benchmark. Historically, PT Astrindo Nusantara Infrastruktur Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 2.33 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 1.17, PT Astrindo Nusantara Infrastruktur 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 Other Energy Sources company?
The median Cyclically Adjusted PB Ratio among Other Energy Sources companies is 1.17, based on 133 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 Astrindo Nusantara Infrastruktur Tbk's current Cyclically Adjusted PB Ratio of 0.88 is 24.8% 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 Astrindo Nusantara Infrastruktur Tbk and its competitors. For the Other Energy Sources industry, the median Cyclically Adjusted PB Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Astrindo Nusantara Infrastruktur Tbk's current Cyclically Adjusted PB Ratio is 0.88, which is 49% above median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Astrindo Nusantara Infrastruktur Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Astrindo Nusantara Infrastruktur Tbk (ISX:BIPI) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp38.50, compared to a current price of Rp138.00 — trading 258.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.88, which is 49% above median its 10-year median of 0.59 and 24.8% below the Other Energy Sources industry median of 1.17. PT Astrindo Nusantara Infrastruktur Tbk's overall GF Score™ is 77/100 with 7 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 Astrindo Nusantara Infrastruktur Tbk (ISX:BIPI), the current Cyclically Adjusted PB Ratio is 0.88 as of Sep. 16, 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 Astrindo Nusantara Infrastruktur Tbk (ISX:BIPI) Overvalued in 2026?

Based on GuruFocus' analysis, PT Astrindo Nusantara Infrastruktur Tbk stock appears to be overvalued. The current stock price of Rp138.00 is trading 258.4% above its estimated GF Value™ of Rp38.50. GuruFocus considers PT Astrindo Nusantara Infrastruktur Tbk to be Significantly Overvalued.

Key valuation signals for ISX:BIPI:

  • Cyclically Adjusted PB Ratio: 0.88 (49% above median its 10-year median of 0.59)
  • GF Value™: Rp38.50 vs. price of Rp138.00 (258.4% above fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 24.8% below the Other Energy Sources median (#67 of 133)

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


PT Astrindo Nusantara Infrastruktur Tbk Business Description

Address Jalan Mega Kuningan Barat III Lot. 10.1-6, Sopo Del Office Tower B, 21st Floor, South Jakarta, Jakarta, IDN, 12950
PT Astrindo Nusantara Infrastruktur Tbk is an Indonesia-based integrated infrastructure company engaged in energy and natural resources. The Company runs business activities in the development of coal network infrastructure projects, including Coal crusher, Coal Preparation Plant (CPP), and Overland Conveyor (OLC), as well as produces integrated coal distribution services. It also produces coal mining products. Its business segments are; Port services, Mining Coal Services, and Other services. It generates maximum revenue from the Mining Coal Services segment.
77GF Score

Get the complete analysis for ISX:BIPI

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

Rp138.00
Price
Rp38.50
GF Value