PT Dafam Property Indonesia Tbk (ISX:DFAM) Cyclically Adjusted PB Ratio: 3.71 (As of Jul. 17, 2026) — 23% Above Median

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ISX:DFAM PT Dafam Property Indonesia Tbk ISX:DFAM
55 GF Score
Price Rp83.00
GF Value Rp48.45
Valuation Significantly Overvalued
! 4 Warning Signs
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What is PT Dafam Property Indonesia Tbk Cyclically Adjusted PB Ratio?

PT Dafam Property Indonesia Tbk ISX:DFAM 55 Cyclically Adjusted PB Ratio is 3.71 as of Jul. 17, 2026, which is 23% above its 10-year median of 3.01. GuruFocus rates ISX:DFAM with a GF Score™ of 55/100 and a GF Value™ of Rp48.45 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,437 Real Estate companies, PT Dafam Property Indonesia Tbk ranks worse than 92.9% on this metric.

As of today (2026-07-17), PT Dafam Property Indonesia Tbk's current share price is Rp83.00. PT Dafam Property Indonesia Tbk's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was Rp22.39. PT Dafam Property Indonesia Tbk's Cyclically Adjusted PB Ratio for today is 3.71.

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

ISX:DFAM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.89   Med: 3.01   Max: 5.31
Current: 3.66

During the past 11 years, PT Dafam Property Indonesia Tbk's highest Cyclically Adjusted PB Ratio was 5.31. The lowest was 2.89. And the median was 3.01.

ISX:DFAM's Cyclically Adjusted PB Ratio is ranked worse than
92.9% of 1437 companies
in the Real Estate industry
Industry Median: 0.71 vs ISX:DFAM: 3.66

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 Dafam Property Indonesia Tbk's adjusted book value per share data of for the fiscal year that ended in Dec25 was Rp6.834. 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 Rp22.39 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Dafam Property Indonesia Tbk  (ISX:DFAM) 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 Dafam Property Indonesia Tbk Cyclically Adjusted PB Ratio Related Terms


PT Dafam Property Indonesia Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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

PT Dafam Property 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 2.89 4.38

PT Dafam Property 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 4.38 0.00

ISX:DFAM vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, PT Dafam Property 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 Dafam Property Indonesia Tbk Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Dafam Property Indonesia Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:DFAM
55GF Score
PT Dafam Property Indonesia Tbk ISX:DFAM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Dafam Property 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 Dafam Property Indonesia Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=83.00/22.39
=3.71

* 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 Dafam Property Indonesia Tbk's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, PT Dafam Property Indonesia Tbk's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=6.834/135.2711*135.2711
=6.834

Current CPI (Dec25) = 135.2711.

PT Dafam Property Indonesia Tbk Annual Data

Book Value per Share CPI Adj_Book
201612 -47.745 105.222 -61.380
201712 7.419 109.017 9.206
201812 43.324 112.430 52.126
201912 49.751 115.486 58.274
202012 44.099 117.318 50.847
202112 37.821 119.516 42.807
202212 28.956 126.098 31.063
202312 21.207 129.395 22.170
202412 11.628 131.432 11.968
202512 6.834 135.271 6.834

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 3.71 mean?
PT Dafam Property Indonesia Tbk (ISX:DFAM) has a Cyclically Adjusted PB Ratio of 3.71 as of Jul. 17, 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 Dafam Property Indonesia Tbk and its competitors. This is 23% above median its historical median of 3.01. Over the past decade, PT Dafam Property Indonesia Tbk's Cyclically Adjusted PB Ratio has ranged from 2.89 to 5.31. According to the industry distribution chart, PT Dafam Property Indonesia Tbk ranks #1335 out of 1437 companies in the Real Estate industry, placing it in the top 92.9%.
Is PT Dafam Property Indonesia Tbk's Cyclically Adjusted PB Ratio too high?
PT Dafam Property Indonesia Tbk's current Cyclically Adjusted PB Ratio of 3.71 is 23% above median its 10-year median of 3.01. Over the past 10 years, this metric has ranged from a low of 2.89 to a high of 5.31. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.71. PT Dafam Property Indonesia Tbk's value of 3.71 is 422.5% above this industry median. Based on the distribution chart, PT Dafam Property Indonesia Tbk ranks #1335 out of 1437 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, PT Dafam Property Indonesia Tbk has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Dafam Property Indonesia Tbk's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, PT Dafam Property Indonesia Tbk ranks #1335 out of 1437 companies for Cyclically Adjusted PB Ratio. This places PT Dafam Property Indonesia Tbk in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.71. PT Dafam Property Indonesia Tbk's value of 3.71 is 422.5% above this benchmark. Historically, PT Dafam Property Indonesia Tbk's own Cyclically Adjusted PB Ratio has ranged from 2.89 to 5.31 over the past decade. While the company's 10-year median is 3.01 vs. the industry median of 0.71, PT Dafam Property Indonesia 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.71, based on 1,437 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 Dafam Property Indonesia Tbk's current Cyclically Adjusted PB Ratio of 3.71 is 422.5% 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 Dafam Property Indonesia Tbk and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Dafam Property Indonesia Tbk's current Cyclically Adjusted PB Ratio is 3.71, which is 23% above median its own 10-year median of 3.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Dafam Property Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Dafam Property Indonesia Tbk (ISX:DFAM) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp48.45, compared to a current price of Rp83.00 — trading 71.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.71, which is 23% above median its 10-year median of 3.01 and 422.5% above the Real Estate industry median of 0.71. PT Dafam Property Indonesia Tbk's overall GF Score™ is 55/100 with 4 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 Dafam Property Indonesia Tbk (ISX:DFAM), the current Cyclically Adjusted PB Ratio is 3.71 as of Jul. 17, 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 Dafam Property Indonesia Tbk (ISX:DFAM) Overvalued in 2026?

Based on GuruFocus' analysis, PT Dafam Property Indonesia Tbk stock appears to be overvalued. The current stock price of Rp83.00 is trading 71.3% above its estimated GF Value™ of Rp48.45. GuruFocus considers PT Dafam Property Indonesia Tbk to be Significantly Overvalued.

Key valuation signals for ISX:DFAM:

  • Cyclically Adjusted PB Ratio: 3.71 (23% above median its 10-year median of 3.01)
  • GF Value™: Rp48.45 vs. price of Rp83.00 (71.3% above fair value)
  • GF Score™: 55/100 with 4 warning signs
  • Industry Position: 422.5% above the Real Estate median (#1335 of 1437)

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


PT Dafam Property Indonesia Tbk Business Description

Address Jl. Raung Nomor 15, Gajahmungkur, Jawa Tengah, Semarang, IDN, 50232
PT Dafam Property Indonesia Tbk is engaged in developing commercial and residential properties as well as hotels and resorts. The company's project includes Jatayu Residence Pekalongan, Hotel Dafam Pekalongan, Gaia Residence Batang, Gaia Residence Semarang, Puri Junction, and others. The company's operating segments are Hotel and Real estate. The company generates the majority of its revenue from the Hotel segment. Geographically the company operates in Semarang, which derives maximum revenue, Cilacap, Pekalongan, and Pekanbaru.
55GF Score

Get the complete analysis for ISX:DFAM

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

Rp83.00
Price
Rp48.45
GF Value