PT Central Proteinaprima Tbk (ISX:CPRO) Cyclically Adjusted PB Ratio: 1.74 (As of Jul. 18, 2026) — 25% 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:CPRO PT Central Proteinaprima Tbk ISX:CPRO
71 GF Score
Price Rp50.00
GF Value Rp57.71
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is PT Central Proteinaprima Tbk Cyclically Adjusted PB Ratio?

PT Central Proteinaprima Tbk ISX:CPRO 71 Cyclically Adjusted PB Ratio is 1.74 as of Jul. 18, 2026, which is 25% below its 10-year median of 2.31. GuruFocus rates ISX:CPRO with a GF Score™ of 71/100 and a GF Value™ of Rp57.71 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,446 Consumer Packaged Goods companies, PT Central Proteinaprima Tbk ranks worse than 61.41% on this metric.

As of today (2026-07-18), PT Central Proteinaprima Tbk's current share price is Rp50.00. PT Central Proteinaprima Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp28.68. PT Central Proteinaprima Tbk's Cyclically Adjusted PB Ratio for today is 1.74.

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

ISX:CPRO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.74   Med: 2.31   Max: 8.98
Current: 1.74

During the past years, PT Central Proteinaprima Tbk's highest Cyclically Adjusted PB Ratio was 8.98. The lowest was 1.74. And the median was 2.31.

ISX:CPRO's Cyclically Adjusted PB Ratio is ranked worse than
61.41% of 1446 companies
in the Consumer Packaged Goods industry
Industry Median: 1.255 vs ISX:CPRO: 1.74

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 Central Proteinaprima Tbk's adjusted book value per share data for the three months ended in Mar. 2026 was Rp65.268. 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 Rp28.68 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Central Proteinaprima Tbk  (ISX:CPRO) 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 Central Proteinaprima Tbk Cyclically Adjusted PB Ratio Related Terms


PT Central Proteinaprima Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Central Proteinaprima 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 Central Proteinaprima Tbk Cyclically Adjusted PB Ratio Chart

PT Central Proteinaprima 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 6.38 2.59 2.10 1.86 2.21

PT Central Proteinaprima 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 1.86 1.83 2.49 2.21 1.85

ISX:CPRO vs ADM, BG, TSN: Cyclically Adjusted PB Ratio Comparison

For the Farm Products subindustry, PT Central Proteinaprima 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 Central Proteinaprima Tbk Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Central Proteinaprima Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:CPRO
71GF Score
PT Central Proteinaprima Tbk ISX:CPRO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Central Proteinaprima 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 Central Proteinaprima Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=50.00/28.68
=1.74

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

For example, PT Central Proteinaprima 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)
=65.268/136.5387*136.5387
=65.268

Current CPI (Mar. 2026) = 136.5387.

PT Central Proteinaprima Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 50.308 103.212 66.552
201609 16.796 104.142 22.021
201612 4.354 105.222 5.650
201703 1.734 106.476 2.224
201706 -51.418 107.722 -65.173
201709 -53.541 108.020 -67.676
201712 -43.812 109.017 -54.873
201803 -45.524 110.097 -56.458
201806 14.279 111.085 17.551
201809 10.888 111.135 13.377
201812 11.291 112.430 13.712
201903 11.622 112.829 14.064
201906 5.875 114.730 6.992
201909 6.250 114.905 7.427
201912 5.497 115.486 6.499
202003 -1.481 116.252 -1.739
202006 5.940 116.630 6.954
202009 4.308 116.397 5.053
202012 12.110 117.318 14.094
202103 11.176 117.840 12.949
202106 12.726 118.184 14.702
202109 47.393 118.262 54.717
202112 48.199 119.516 55.064
202203 49.729 120.948 56.139
202206 51.196 123.322 56.683
202209 52.780 125.298 57.515
202212 53.365 126.098 57.784
202303 55.299 126.953 59.475
202306 57.182 127.663 61.158
202309 58.712 128.151 62.555
202312 57.353 129.395 60.520
202403 59.013 130.607 61.693
202406 60.345 130.792 62.997
202409 63.043 130.361 66.031
202412 59.861 131.432 62.187
202503 62.546 131.948 64.722
202506 64.783 133.241 66.387
202509 67.024 133.819 68.386
202512 63.589 135.271 64.185
202603 65.268 136.539 65.268

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 1.74 mean?
PT Central Proteinaprima Tbk (ISX:CPRO) has a Cyclically Adjusted PB Ratio of 1.74 as of Jul. 18, 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 Central Proteinaprima Tbk and its competitors. This is 25% below median its historical median of 2.31. Over the past decade, PT Central Proteinaprima Tbk's Cyclically Adjusted PB Ratio has ranged from 1.74 to 8.98. According to the industry distribution chart, PT Central Proteinaprima Tbk ranks #888 out of 1446 companies in the Consumer Packaged Goods industry, placing it in the top 61.4%.
Is PT Central Proteinaprima Tbk's Cyclically Adjusted PB Ratio too high?
PT Central Proteinaprima Tbk's current Cyclically Adjusted PB Ratio of 1.74 is 25% below median its 10-year median of 2.31. Over the past 10 years, this metric has ranged from a low of 1.74 to a high of 8.98. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.26. PT Central Proteinaprima Tbk's value of 1.74 is 38.6% above this industry median. Based on the distribution chart, PT Central Proteinaprima Tbk ranks #888 out of 1446 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, PT Central Proteinaprima Tbk has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Central Proteinaprima Tbk's Cyclically Adjusted PB Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, PT Central Proteinaprima Tbk ranks #888 out of 1446 companies for Cyclically Adjusted PB Ratio. This places PT Central Proteinaprima Tbk in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. PT Central Proteinaprima Tbk's value of 1.74 is 38.6% above this benchmark. Historically, PT Central Proteinaprima Tbk's own Cyclically Adjusted PB Ratio has ranged from 1.74 to 8.98 over the past decade. While the company's 10-year median is 2.31 vs. the industry median of 1.26, PT Central Proteinaprima 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.26, based on 1,446 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 Central Proteinaprima Tbk's current Cyclically Adjusted PB Ratio of 1.74 is 38.6% 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 Central Proteinaprima Tbk and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Central Proteinaprima Tbk's current Cyclically Adjusted PB Ratio is 1.74, which is 25% below median its own 10-year median of 2.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Central Proteinaprima Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Central Proteinaprima Tbk (ISX:CPRO) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp57.71, compared to a current price of Rp50.00 — trading 13.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.74, which is 25% below median its 10-year median of 2.31 and 38.6% above the Consumer Packaged Goods industry median of 1.26. PT Central Proteinaprima Tbk's overall GF Score™ is 71/100 with 2 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 Central Proteinaprima Tbk (ISX:CPRO), the current Cyclically Adjusted PB Ratio is 1.74 as of Jul. 18, 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 Central Proteinaprima Tbk (ISX:CPRO) Overvalued in 2026?

Based on GuruFocus' analysis, PT Central Proteinaprima Tbk stock appears to be undervalued. The current stock price of Rp50.00 is trading 13.4% below its estimated GF Value™ of Rp57.71. GuruFocus considers PT Central Proteinaprima Tbk to be Modestly Undervalued.

Key valuation signals for ISX:CPRO:

  • Cyclically Adjusted PB Ratio: 1.74 (25% below median its 10-year median of 2.31)
  • GF Value™: Rp57.71 vs. price of Rp50.00 (13.4% below fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 38.6% above the Consumer Packaged Goods median (#888 of 1446)

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


PT Central Proteinaprima Tbk Business Description

Address Jalan Jendral sudirman Kavling 52-53, Treasury Tower, 8th Floor, District 8 SCBD Lot. 28, Jakarta, IDN, 12190
PT Central Proteinaprima Tbk is an Indonesia-based aquaculture company. Principally, it is engaged in integrated shrimp farming, production, and sale of shrimp, fish, and other livestock feeds. It operates in three segments: Feeds, Food products, and others, of which the majority of the revenue comes from the feeds segment. Also, it provides hatchery services. It offers animal feed products such as Irawan, Bintang, Indo Feed, Pakan Udang Galah, Pakan Udang Bestariand, and Pakan Udang Marine. The majority of the revenue is generated from the domestic market.
71GF Score

Get the complete analysis for ISX:CPRO

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

Rp50.00
Price
Rp57.71
GF Value