PT Citra Tubindo Tbk (ISX:CTBN) Cyclically Adjusted PB Ratio: 1.84 (As of Aug. 05, 2026) — 86% Above Median

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ISX:CTBN PT Citra Tubindo Tbk ISX:CTBN
60 GF Score
Price Rp4,100.00
GF Value Rp2,455.28
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is PT Citra Tubindo Tbk Cyclically Adjusted PB Ratio?

PT Citra Tubindo Tbk ISX:CTBN +2.76% 60 Cyclically Adjusted PB Ratio is 1.84 as of Aug. 05, 2026, which is 86% above its 10-year median of 0.99. GuruFocus rates ISX:CTBN with a GF Score™ of 60/100 and a GF Value™ of Rp2,455.28 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 763 Oil & Gas companies, PT Citra Tubindo Tbk ranks worse than 65.4% on this metric.

As of today (2026-08-05), PT Citra Tubindo Tbk's current share price is Rp4100.00. PT Citra Tubindo Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Rp2,225.13. PT Citra Tubindo Tbk's Cyclically Adjusted PB Ratio for today is 1.84.

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

ISX:CTBN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.99   Max: 4.06
Current: 1.79

During the past years, PT Citra Tubindo Tbk's highest Cyclically Adjusted PB Ratio was 4.06. The lowest was 0.46. And the median was 0.99.

ISX:CTBN's Cyclically Adjusted PB Ratio is ranked worse than
65.4% of 763 companies
in the Oil & Gas industry
Industry Median: 1.2 vs ISX:CTBN: 1.79

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 Citra Tubindo Tbk's adjusted book value per share data for the three months ended in Jun. 2026 was Rp2,299.643. 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 Rp2,225.13 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Citra Tubindo Tbk  (ISX:CTBN) 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 Citra Tubindo Tbk Cyclically Adjusted PB Ratio Related Terms


PT Citra Tubindo Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Citra Tubindo 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 Citra Tubindo Tbk Cyclically Adjusted PB Ratio Chart

PT Citra Tubindo 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 1.09 0.71 0.64 1.27 2.66

PT Citra Tubindo 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 3.64 2.31 2.66 2.65 2.39

ISX:CTBN vs SLB, BKR, FTI: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, PT Citra Tubindo 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 Citra Tubindo Tbk Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PT Citra Tubindo Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:CTBN
60GF Score
PT Citra Tubindo Tbk ISX:CTBN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Citra Tubindo 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 Citra Tubindo Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4100.00/2225.13
=1.84

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

For example, PT Citra Tubindo 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)
=2299.643/137.6954*137.6954
=2,299.643

Current CPI (Jun. 2026) = 137.6954.

PT Citra Tubindo Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 2,157.351 104.142 2,852.415
201612 1,970.514 105.222 2,578.652
201703 0.000 106.476 0.000
201706 1,795.238 107.722 2,294.770
201709 0.000 108.020 0.000
201712 1,782.825 109.017 2,251.823
201803 1,775.373 110.097 2,220.422
201806 1,838.678 111.085 2,279.139
201809 1,782.215 111.135 2,208.160
201812 1,787.767 112.430 2,189.518
201903 1,776.694 112.829 2,168.269
201906 1,795.826 114.730 2,155.291
201909 1,810.441 114.905 2,169.534
201912 1,775.379 115.486 2,116.808
202003 1,953.989 116.252 2,314.408
202006 1,844.394 116.630 2,177.527
202009 1,904.016 116.397 2,252.422
202012 1,758.309 117.318 2,063.714
202103 1,763.904 117.840 2,061.116
202106 1,750.082 118.184 2,039.011
202109 1,682.982 118.262 1,959.543
202112 1,601.979 119.516 1,845.652
202203 1,579.506 120.948 1,798.214
202206 1,613.921 123.322 1,802.021
202209 1,614.048 125.298 1,773.742
202212 1,624.844 126.098 1,774.287
202303 1,663.030 126.953 1,803.758
202306 1,633.580 127.663 1,761.956
202309 1,816.099 128.151 1,951.352
202312 1,984.716 129.395 2,112.036
202403 2,065.355 130.607 2,177.447
202406 2,314.773 130.792 2,436.958
202409 2,315.201 130.361 2,445.461
202412 2,581.368 131.432 2,704.394
202503 2,972.805 131.948 3,102.285
202506 2,428.423 133.241 2,509.616
202509 2,548.628 133.819 2,622.455
202512 2,597.272 135.271 2,643.820
202603 2,615.279 136.539 2,637.435
202606 2,299.643 137.695 2,299.643

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 1.84 mean?
PT Citra Tubindo Tbk (ISX:CTBN) has a Cyclically Adjusted PB Ratio of 1.84 as of Aug. 05, 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 Citra Tubindo Tbk and its competitors. This is 86% above median its historical median of 0.99. Over the past decade, PT Citra Tubindo Tbk's Cyclically Adjusted PB Ratio has ranged from 0.46 to 4.06. According to the industry distribution chart, PT Citra Tubindo Tbk ranks #499 out of 763 companies in the Oil & Gas industry, placing it in the top 65.4%.
Is PT Citra Tubindo Tbk's Cyclically Adjusted PB Ratio too high?
PT Citra Tubindo Tbk's current Cyclically Adjusted PB Ratio of 1.84 is 86% above median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 4.06. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.20. PT Citra Tubindo Tbk's value of 1.84 is 53.3% above this industry median. Based on the distribution chart, PT Citra Tubindo Tbk ranks #499 out of 763 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, PT Citra Tubindo Tbk has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Citra Tubindo Tbk's Cyclically Adjusted PB Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, PT Citra Tubindo Tbk ranks #499 out of 763 companies for Cyclically Adjusted PB Ratio. This places PT Citra Tubindo Tbk in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. PT Citra Tubindo Tbk's value of 1.84 is 53.3% above this benchmark. Historically, PT Citra Tubindo Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.46 to 4.06 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 1.20, PT Citra Tubindo 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 an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.20, based on 763 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 Citra Tubindo Tbk's current Cyclically Adjusted PB Ratio of 1.84 is 53.3% 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 Citra Tubindo Tbk and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Citra Tubindo Tbk's current Cyclically Adjusted PB Ratio is 1.84, which is 86% above median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Citra Tubindo Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Citra Tubindo Tbk (ISX:CTBN) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp2,455.28, compared to a current price of Rp4,100.00 — trading 67% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.84, which is 86% above median its 10-year median of 0.99 and 53.3% above the Oil & Gas industry median of 1.20. PT Citra Tubindo Tbk's overall GF Score™ is 60/100 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 Citra Tubindo Tbk (ISX:CTBN), the current Cyclically Adjusted PB Ratio is 1.84 as of Aug. 05, 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 Citra Tubindo Tbk (ISX:CTBN) Overvalued in 2026?

Based on GuruFocus' analysis, PT Citra Tubindo Tbk stock appears to be overvalued. The current stock price of Rp4,100.00 is trading 67% above its estimated GF Value™ of Rp2,455.28. GuruFocus considers PT Citra Tubindo Tbk to be Significantly Overvalued.

Key valuation signals for ISX:CTBN:

  • Cyclically Adjusted PB Ratio: 1.84 (86% above median its 10-year median of 0.99)
  • GF Value™: Rp2,455.28 vs. price of Rp4,100.00 (67% above fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 53.3% above the Oil & Gas median (#499 of 763)

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


PT Citra Tubindo Tbk Business Description

Industry EnergyOil & Gas
Address Jalan Hang Kesturi I Number 2, Kawasan Industri Terpadu Kabil, Batam, IDN, 29467
PT Citra Tubindo Tbk is engaged in the business activities of manufacturing, providing services, repairing equipment, and accessories to support the oil and gas industry. Its services include finishing and threading of pipes, Heat Treatment Facility, Testing and Inspection Facility, Production Process, Technical Support, and Port Management and Logistics Services. The company's operating segments include Pipeline Processing, Transportation services, and others, and Technical support. It generates maximum revenue from the Pipeline Processing segment. Geographically, it derives a majority of revenue from Indonesia and also has a presence in Asia, Europe, the Americas, and Africa.
60GF Score

Get the complete analysis for ISX:CTBN

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

Rp4,100.00
Price
Rp2,455.28
GF Value