PT Global Mediacom Tbk (ISX:BMTR) Cyclically Adjusted PB Ratio: 0.12 (As of Sep. 12, 2026) — 61% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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:BMTR PT Global Mediacom Tbk ISX:BMTR
62 GF Score
Price Rp117.00
GF Value Rp165.34
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is PT Global Mediacom Tbk Cyclically Adjusted PB Ratio?

PT Global Mediacom Tbk ISX:BMTR -1.68% 62 Cyclically Adjusted PB Ratio is 0.12 as of Sep. 12, 2026, which is 61% below its 10-year median of 0.31. GuruFocus rates ISX:BMTR with a GF Score™ of 62/100 and a GF Value™ of Rp165.34 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 652 Media - Diversified companies, PT Global Mediacom Tbk ranks better than 94.63% on this metric.

As of today (2026-09-12), PT Global Mediacom Tbk's current share price is Rp117.00. PT Global Mediacom Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Rp939.31. PT Global Mediacom Tbk's Cyclically Adjusted PB Ratio for today is 0.12.

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

ISX:BMTR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.31   Max: 0.58
Current: 0.12

During the past years, PT Global Mediacom Tbk's highest Cyclically Adjusted PB Ratio was 0.58. The lowest was 0.12. And the median was 0.31.

ISX:BMTR's Cyclically Adjusted PB Ratio is ranked better than
94.63% of 652 companies
in the Media - Diversified industry
Industry Median: 1.01 vs ISX:BMTR: 0.12

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 Global Mediacom Tbk's adjusted book value per share data for the three months ended in Jun. 2026 was Rp982.385. 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 Rp939.31 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Global Mediacom Tbk  (ISX:BMTR) 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 Global Mediacom Tbk Cyclically Adjusted PB Ratio Related Terms


PT Global Mediacom Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Global Mediacom 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 Global Mediacom Tbk Cyclically Adjusted PB Ratio Chart

PT Global Mediacom 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 0.31 0.31 0.30 0.20 0.15

PT Global Mediacom 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 0.14 0.17 0.15 0.14 0.12

ISX:BMTR vs NFLX, DIS, WBD: Cyclically Adjusted PB Ratio Comparison

For the Entertainment subindustry, PT Global Mediacom 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 Global Mediacom Tbk Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, PT Global Mediacom Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:BMTR
62GF Score
PT Global Mediacom Tbk ISX:BMTR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Global Mediacom 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 Global Mediacom Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=117.00/939.31
=0.12

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

For example, PT Global Mediacom 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)
=982.385/137.6954*137.6954
=982.385

Current CPI (Jun. 2026) = 137.6954.

PT Global Mediacom Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 776.864 104.142 1,027.157
201612 666.824 105.222 872.619
201703 663.207 106.476 857.664
201706 651.052 107.722 832.210
201709 653.084 108.020 832.497
201712 667.825 109.017 843.506
201803 684.500 110.097 856.090
201806 667.472 111.085 827.367
201809 658.885 111.135 816.357
201812 686.091 112.430 840.271
201903 672.049 112.829 820.166
201906 698.243 114.730 838.008
201909 753.537 114.905 902.998
201912 738.900 115.486 881.000
202003 710.190 116.252 841.187
202006 761.485 116.630 899.024
202009 713.978 116.397 844.625
202012 737.800 117.318 865.950
202103 783.848 117.840 915.924
202106 788.219 118.184 918.350
202109 829.706 118.262 966.050
202112 822.172 119.516 947.231
202203 889.251 120.948 1,012.382
202206 889.805 123.322 993.510
202209 908.319 125.298 998.188
202212 913.361 126.098 997.366
202303 931.564 126.953 1,010.394
202306 939.060 127.663 1,012.857
202309 942.549 128.151 1,012.745
202312 952.832 129.395 1,013.956
202403 973.147 130.607 1,025.962
202406 979.104 130.792 1,030.786
202409 986.591 130.361 1,042.100
202412 998.588 131.432 1,046.180
202503 1,010.425 131.948 1,054.434
202506 1,018.667 133.241 1,052.725
202509 1,021.636 133.819 1,051.230
202512 971.328 135.271 988.736
202603 991.892 136.539 1,000.295
202606 982.385 137.695 982.385

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 0.12 mean?
PT Global Mediacom Tbk (ISX:BMTR) has a Cyclically Adjusted PB Ratio of 0.12 as of Sep. 12, 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 Global Mediacom Tbk and its competitors. This is 61% below median its historical median of 0.31. Over the past decade, PT Global Mediacom Tbk's Cyclically Adjusted PB Ratio has ranged from 0.12 to 0.58. According to the industry distribution chart, PT Global Mediacom Tbk ranks #35 out of 652 companies in the Media - Diversified industry, placing it in the top 5.4%.
Is PT Global Mediacom Tbk's Cyclically Adjusted PB Ratio too high?
PT Global Mediacom Tbk's current Cyclically Adjusted PB Ratio of 0.12 is 61% below median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.58. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 1.01. PT Global Mediacom Tbk's value of 0.12 is 88.1% below this industry median. Based on the distribution chart, PT Global Mediacom Tbk ranks #35 out of 652 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, PT Global Mediacom Tbk has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Global Mediacom Tbk's Cyclically Adjusted PB Ratio compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, PT Global Mediacom Tbk ranks #35 out of 652 companies for Cyclically Adjusted PB Ratio. This places PT Global Mediacom Tbk in the top 5% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.01. PT Global Mediacom Tbk's value of 0.12 is 88.1% below this benchmark. Historically, PT Global Mediacom Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.12 to 0.58 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 1.01, PT Global Mediacom 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 Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 1.01, based on 652 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 Global Mediacom Tbk's current Cyclically Adjusted PB Ratio of 0.12 is 88.1% 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 Global Mediacom Tbk and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Global Mediacom Tbk's current Cyclically Adjusted PB Ratio is 0.12, which is 61% below median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Global Mediacom Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Global Mediacom Tbk (ISX:BMTR) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp165.34, compared to a current price of Rp117.00 — trading 29.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.12, which is 61% below median its 10-year median of 0.31 and 88.1% below the Media - Diversified industry median of 1.01. PT Global Mediacom Tbk's overall GF Score™ is 62/100 with 5 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 Global Mediacom Tbk (ISX:BMTR), the current Cyclically Adjusted PB Ratio is 0.12 as of Sep. 12, 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 Global Mediacom Tbk (ISX:BMTR) Overvalued in 2026?

Based on GuruFocus' analysis, PT Global Mediacom Tbk stock appears to be undervalued. The current stock price of Rp117.00 is trading 29.2% below its estimated GF Value™ of Rp165.34. GuruFocus considers PT Global Mediacom Tbk to be Modestly Undervalued.

Key valuation signals for ISX:BMTR:

  • Cyclically Adjusted PB Ratio: 0.12 (61% below median its 10-year median of 0.31)
  • GF Value™: Rp165.34 vs. price of Rp117.00 (29.2% below fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 88.1% below the Media - Diversified median (#35 of 652)

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


PT Global Mediacom Tbk Business Description

Address Jalan Kebon Sirih No. 17-19, MNC Tower, 27th Floor, Central Jakarta, Jakarta, IDN, 10340
PT Global Mediacom Tbk is a diversified media company operating in the entertainment industry. The company operates in three business segments: Advertising and content, Pay TV and broadband, and Others. Its segment, advertising and content, provides advertisement-based media, subscriber-based media, and free-to-air media content. The pay-TV and broadband segment distributes television channels and has other businesses, such as radio and print media. The other business segment creates mobile app games, among many other ventures. The company generates the vast majority of its revenue in Indonesia.
62GF Score

Get the complete analysis for ISX:BMTR

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

Rp117.00
Price
Rp165.34
GF Value