PT Citra Tubindo Tbk (ISX:CTBN) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

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ISX:CTBN PT Citra Tubindo Tbk ISX:CTBN
58 GF Score
Price Rp3,070.00
GF Value Rp2,514.57
Valuation Modestly Overvalued
! 3 Warning Signs
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What is PT Citra Tubindo Tbk Cyclically Adjusted PB Ratio?

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 0.72 0.67 1.30 2.70

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 3.62 2.30 2.65 2.64 2.38

ISX:CTBN vs SLB, BKR, HAL: 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
58GF 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 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)
=2295.481/137.6954*137.6954
=2,295.481

Current CPI (Jun. 2026) = 137.6954.

PT Citra Tubindo Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 2,149.059 104.142 2,841.451
201612 1,994.311 105.222 2,609.794
201703 106.476 0.000
201706 1,800.195 107.722 2,301.106
201709 108.020 0.000
201712 1,784.989 109.017 2,254.557
201803 1,777.930 110.097 2,223.620
201806 1,884.377 111.085 2,335.786
201809 1,787.627 111.135 2,214.866
201812 1,773.960 112.430 2,172.608
201903 1,782.229 112.829 2,175.024
201906 1,779.747 114.730 2,135.994
201909 1,822.595 114.905 2,184.098
201912 1,759.660 115.486 2,098.066
202003 2,089.834 116.252 2,475.310
202006 1,853.326 116.630 2,188.073
202009 1,908.653 116.397 2,257.907
202012 1,743.946 117.318 2,046.857
202103 1,777.524 117.840 2,077.031
202106 1,770.230 118.184 2,062.485
202109 1,689.671 118.262 1,967.331
202112 1,594.035 119.516 1,836.500
202203 1,580.993 120.948 1,799.907
202206 1,637.590 123.322 1,828.448
202209 1,641.621 125.298 1,804.043
202212 1,620.594 126.098 1,769.646
202303 1,629.114 126.953 1,766.972
202306 1,638.453 127.663 1,767.212
202309 1,827.429 128.151 1,963.526
202312 1,970.536 129.395 2,096.946
202403 2,085.046 130.607 2,198.207
202406 2,321.907 130.792 2,444.468
202409 2,284.308 130.361 2,412.830
202412 2,591.868 131.432 2,715.394
202503 2,989.897 131.948 3,120.122
202506 2,417.419 133.241 2,498.244
202509 2,573.492 133.819 2,648.040
202512 2,593.303 135.271 2,639.780
202603 2,625.919 136.539 2,648.165
202606 2,295.481 137.695 2,295.481

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 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 Rp3,070.00 is trading 22.1% above its estimated GF Value™ of Rp2,514.57. GuruFocus considers PT Citra Tubindo Tbk to be Modestly Overvalued.

Key valuation signals for ISX:CTBN:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: Rp2,514.57 vs. price of Rp3,070.00 (22.1% above fair value)
  • GF Score™: 58/100 with 3 warning signs

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.
58GF 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.

Rp3,070.00
Price
Rp2,514.57
GF Value