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PT Darma Henwa TbkISX:DEWA +0.44%63 Cyclically Adjusted PB Ratio is 2.56 as of Aug. 23, 2026, which is 676% above its 10-year median of 0.33. GuruFocus rates ISX:DEWA with a GF Score™ of 63/100 and a GF Value™ of Rp65.94 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 131 Other Energy Sources companies, PT Darma Henwa Tbk ranks worse than 72.52% on this metric.
The historical rank and industry rank for PT Darma Henwa Tbk's Cyclically Adjusted PB Ratio or its related term are showing as below:
ISX:DEWA'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.29 Med: 0.33 Max: 4.62
Current: 2.56
During the past years, PT Darma Henwa Tbk's highest Cyclically Adjusted PB Ratio was 4.62. The lowest was 0.29. And the median was 0.33.
ISX:DEWA's Cyclically Adjusted PB Ratio is ranked worse than 72.52% of 131
companies
in the Other Energy Sources industry
Industry Median: 1.21
vs ISX:DEWA: 2.56
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 Darma Henwa Tbk's adjusted book value per share data for the three months ended in Jun. 2026 was Rp207.330. 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 Rp179.24 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
PT Darma Henwa Tbk (ISX:DEWA) 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 Darma Henwa Tbk Cyclically Adjusted PB Ratio Related Terms
PT Darma Henwa Tbk Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for PT Darma Henwa 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 Darma Henwa Tbk Cyclically Adjusted PB Ratio Chart
PT Darma Henwa Tbk Cyclically Adjusted PB Ratio Competitor Comparison
For the Thermal Coal subindustry, PT Darma Henwa 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 Darma Henwa Tbk Cyclically Adjusted PB Ratio vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, PT Darma Henwa Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where PT Darma Henwa Tbk's Cyclically Adjusted PB Ratio falls into.
PT Darma Henwa 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 Darma Henwa Tbk's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 2.56 mean?
PT Darma Henwa Tbk (ISX:DEWA) has a Cyclically Adjusted PB Ratio of 2.56 as of Aug. 23, 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 Darma Henwa Tbk and its competitors. This is 676% above median its historical median of 0.33. Over the past decade, PT Darma Henwa Tbk's Cyclically Adjusted PB Ratio has ranged from 0.29 to 4.62. According to the industry distribution chart, PT Darma Henwa Tbk ranks #95 out of 131 companies in the Other Energy Sources industry, placing it in the top 72.5%.
Is PT Darma Henwa Tbk's Cyclically Adjusted PB Ratio too high?
PT Darma Henwa Tbk's current Cyclically Adjusted PB Ratio of 2.56 is 676% above median its 10-year median of 0.33. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 4.62. The Other Energy Sources industry median Cyclically Adjusted PB Ratio is 1.21. PT Darma Henwa Tbk's value of 2.56 is 111.6% above this industry median. Based on the distribution chart, PT Darma Henwa Tbk ranks #95 out of 131 companies in the Other Energy Sources industry, which is below the industry midpoint. Overall, PT Darma Henwa Tbk has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Darma Henwa Tbk's Cyclically Adjusted PB Ratio compare to competitors?
According to the Other Energy Sources industry distribution chart, PT Darma Henwa Tbk ranks #95 out of 131 companies for Cyclically Adjusted PB Ratio. This places PT Darma Henwa Tbk in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. PT Darma Henwa Tbk's value of 2.56 is 111.6% above this benchmark. Historically, PT Darma Henwa Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.29 to 4.62 over the past decade. While the company's 10-year median is 0.33 vs. the industry median of 1.21, PT Darma Henwa 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 Other Energy Sources company?
The median Cyclically Adjusted PB Ratio among Other Energy Sources companies is 1.21, based on 131 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 Darma Henwa Tbk's current Cyclically Adjusted PB Ratio of 2.56 is 111.6% 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 Darma Henwa Tbk and its competitors. For the Other Energy Sources industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Darma Henwa Tbk's current Cyclically Adjusted PB Ratio is 2.56, which is 676% above median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Darma Henwa Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Darma Henwa Tbk (ISX:DEWA) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp65.94, compared to a current price of Rp458.00 — trading 594.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.56, which is 676% above median its 10-year median of 0.33 and 111.6% above the Other Energy Sources industry median of 1.21. PT Darma Henwa Tbk's overall GF Score™ is 63/100 with 7 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 Darma Henwa Tbk (ISX:DEWA), the current Cyclically Adjusted PB Ratio is 2.56 as of Aug. 23, 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 Darma Henwa Tbk (ISX:DEWA) Overvalued in 2026?
Based on GuruFocus' analysis, PT Darma Henwa Tbk stock appears to be overvalued.
The current stock price of Rp458.00 is trading 594.6% above its estimated GF Value™ of Rp65.94.
GuruFocus considers PT Darma Henwa Tbk to be Significantly Overvalued.
Key valuation signals for ISX:DEWA:
Cyclically Adjusted PB Ratio: 2.56 (676% above median its 10-year median of 0.33)
GF Value™: Rp65.94 vs. price of Rp458.00 (594.6% above fair value)
Industry Position: 111.6% above the Other Energy Sources median (#95 of 131)
No single metric tells the full story. See the ISX:DEWA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressJalan. Jenderal Sudirman Kav. 52-53, Prosperity Tower 39th Floor, SCBD, Lot 28, District 8, Kelurahan Senayan, Kecamatan Kebayoran Baru, Jakarta, IDN, 12190
PT Darma Henwa Tbk is an Indonesia-based company. Its business activities are focused on mining contractor services, general mining services, and equipment maintenance. It mainly operates its business across various mining projects across Indonesia. The majority of its revenue comes from coal production with the remaining through operational activities like land clearing, topsoiling, overburden removal, and equipment rental. The firm operates its business into two business segments, Mining services and other services Out of which the Mining services segment derives the majority of revenue.
63GF Score
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