PT AirAsia Indonesia Tbk (ISX:CMPP) Cyclically Adjusted PB Ratio: (As of Jul. 04, 2026)


ISX:CMPP PT AirAsia Indonesia Tbk ISX:CMPP
49 GF Score
Price Rp69.00
GF Value Rp95.97
Valuation Modestly Undervalued
! 4 Warning Signs
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What is PT AirAsia Indonesia Tbk Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


PT AirAsia Indonesia Tbk  (ISX:CMPP) 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 AirAsia Indonesia Tbk Cyclically Adjusted PB Ratio Related Terms


PT AirAsia Indonesia Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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

PT AirAsia 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 0.00 0.00 0.00 0.00 0.00

PT AirAsia 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 0.00 0.00 0.00 0.00 0.00

ISX:CMPP vs DAL, UAL, LUV: Cyclically Adjusted PB Ratio Comparison

For the Airlines subindustry, PT AirAsia 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 AirAsia Indonesia Tbk Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, PT AirAsia Indonesia Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:CMPP
49GF Score
PT AirAsia Indonesia Tbk ISX:CMPP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT AirAsia 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 AirAsia Indonesia Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, PT AirAsia 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)
=-1036.7/136.5387*136.5387
=-1,036.700

Current CPI (Mar. 2026) = 136.5387.

PT AirAsia Indonesia Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 97.177 103.212 128.555
201609 98.970 104.142 129.757
201612 1,891.450 105.222 2,454.395
201703 82.194 106.476 105.401
201706 79.547 107.722 100.827
201709 37.438 108.020 47.322
201712 3.038 109.017 3.805
201803 -17.427 110.097 -21.612
201806 -36.834 111.085 -45.274
201809 -56.780 111.135 -69.759
201812 -75.532 112.430 -91.729
201903 21.173 112.829 25.622
201906 24.298 114.730 28.917
201909 32.062 114.905 38.099
201912 18.461 115.486 21.826
202003 -87.780 116.252 -103.098
202006 -125.059 116.630 -146.407
202009 -186.151 116.397 -218.364
202012 -271.399 117.318 -315.863
202103 -342.797 117.840 -397.192
202106 -378.893 118.184 -437.738
202109 -423.628 118.262 -489.098
202112 -486.276 119.516 -555.536
202203 -534.472 120.948 -603.367
202206 -586.569 123.322 -649.431
202209 -626.201 125.298 -682.376
202212 -638.312 126.098 -691.165
202303 -636.380 126.953 -684.433
202306 -654.616 127.663 -700.128
202309 -720.241 128.151 -767.380
202312 -740.096 129.395 -780.957
202403 -812.888 130.607 -849.806
202406 -861.389 130.792 -899.239
202409 -796.116 130.361 -833.844
202412 -883.625 131.432 -917.961
202503 -950.304 131.948 -983.364
202506 -957.346 133.241 -981.043
202509 -975.856 133.819 -995.689
202512 -1,005.207 135.271 -1,014.627
202603 -1,036.700 136.539 -1,036.700

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.

Is PT AirAsia Indonesia Tbk (ISX:CMPP) Overvalued in 2026?

Based on GuruFocus' analysis, PT AirAsia Indonesia Tbk stock appears to be undervalued. The current stock price of Rp69.00 is trading 28.1% below its estimated GF Value™ of Rp95.97. GuruFocus considers PT AirAsia Indonesia Tbk to be Modestly Undervalued.

Key valuation signals for ISX:CMPP:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: Rp95.97 vs. price of Rp69.00 (28.1% below fair value)
  • GF Score™: 49/100 with 4 warning signs

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


PT AirAsia Indonesia Tbk Business Description

Address AirAsia Redhouse, Jl. Marsekal Suryadharma No. 1, Kel. Selapajang Jaya, Kec. Neglasari, Banten, Kota Tangerang, IDN, 15127
PT AirAsia Indonesia Tbk is an Indonesia-based company that engages in the provision of air transportation services. The company offers ticket booking, flight schedules, online airline status checking, and other related services. It operates through the following segments: Flight Operations; Ancillary and others. The Flight Operations segment generates maximum revenue for the company.
49GF Score

Get the complete analysis for ISX:CMPP

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

Rp69.00
Price
Rp95.97
GF Value