The historical rank and industry rank for PT Indoritel Makmur Internasional Tbk's Cyclically Adjusted PB Ratio or its related term are showing as below:
ISX:DNET'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.11 Med: 6.16 Max: 13.85
Current: 11.97
During the past years, PT Indoritel Makmur Internasional Tbk's highest Cyclically Adjusted PB Ratio was 13.85. The lowest was 5.11. And the median was 6.16.
ISX:DNET's Cyclically Adjusted PB Ratio is ranked worse than 96.91% of 291
companies
in the Telecommunication Services industry
Industry Median: 1.82
vs ISX:DNET: 11.97
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 Indoritel Makmur Internasional Tbk's adjusted book value per share data for the three months ended in Mar. 2026 was Rp1,088.577. 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 Rp860.16 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
PT Indoritel Makmur Internasional Tbk (ISX:DNET) 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 Indoritel Makmur Internasional Tbk Cyclically Adjusted PB Ratio Related Terms
PT Indoritel Makmur Internasional Tbk Cyclically Adjusted PB Ratio Historical Data
* 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 Indoritel Makmur Internasional Tbk Cyclically Adjusted PB Ratio Chart
ISX:DNET vs TMUS, VZ, T: Cyclically Adjusted PB Ratio Comparison
For the Telecom Services subindustry, PT Indoritel Makmur Internasional 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 Indoritel Makmur Internasional Tbk Cyclically Adjusted PB Ratio vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, PT Indoritel Makmur Internasional Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where PT Indoritel Makmur Internasional Tbk's Cyclically Adjusted PB Ratio falls into.
PT Indoritel Makmur Internasional 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.
* 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 11.39 mean?
PT Indoritel Makmur Internasional Tbk (ISX:DNET) has a Cyclically Adjusted PB Ratio of 11.39 as of Jun. 30, 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 Indoritel Makmur Internasional Tbk and its competitors. This is 85% above median its historical median of 6.16. Over the past decade, PT Indoritel Makmur Internasional Tbk's Cyclically Adjusted PB Ratio has ranged from 5.11 to 13.85. According to the industry distribution chart, PT Indoritel Makmur Internasional Tbk ranks #282 out of 291 companies in the Telecommunication Services industry, placing it in the top 96.9%.
Is PT Indoritel Makmur Internasional Tbk's Cyclically Adjusted PB Ratio too high?
PT Indoritel Makmur Internasional Tbk's current Cyclically Adjusted PB Ratio of 11.39 is 85% above median its 10-year median of 6.16. Over the past 10 years, this metric has ranged from a low of 5.11 to a high of 13.85. The Telecommunication Services industry median Cyclically Adjusted PB Ratio is 1.82. PT Indoritel Makmur Internasional Tbk's value of 11.39 is 525.8% above this industry median. Based on the distribution chart, PT Indoritel Makmur Internasional Tbk ranks #282 out of 291 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, PT Indoritel Makmur Internasional Tbk has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Indoritel Makmur Internasional Tbk's Cyclically Adjusted PB Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, PT Indoritel Makmur Internasional Tbk ranks #282 out of 291 companies for Cyclically Adjusted PB Ratio. This places PT Indoritel Makmur Internasional Tbk in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.82. PT Indoritel Makmur Internasional Tbk's value of 11.39 is 525.8% above this benchmark. Historically, PT Indoritel Makmur Internasional Tbk's own Cyclically Adjusted PB Ratio has ranged from 5.11 to 13.85 over the past decade. While the company's 10-year median is 6.16 vs. the industry median of 1.82, PT Indoritel Makmur Internasional 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 Telecommunication Services company?
The median Cyclically Adjusted PB Ratio among Telecommunication Services companies is 1.82, based on 291 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 Indoritel Makmur Internasional Tbk's current Cyclically Adjusted PB Ratio of 11.39 is 525.8% 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 Indoritel Makmur Internasional Tbk and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PB Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Indoritel Makmur Internasional Tbk's current Cyclically Adjusted PB Ratio is 11.39, which is 85% above median its own 10-year median of 6.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indoritel Makmur Internasional Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indoritel Makmur Internasional Tbk (ISX:DNET) is currently considered Fairly Valued. The stock's GF Value™ is Rp10,000.47, compared to a current price of Rp9,800.00 — trading 2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 11.39, which is 85% above median its 10-year median of 6.16 and 525.8% above the Telecommunication Services industry median of 1.82. PT Indoritel Makmur Internasional Tbk's overall GF Score™ is 74/100 with 5 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 Indoritel Makmur Internasional Tbk (ISX:DNET), the current Cyclically Adjusted PB Ratio is 11.39 as of Jun. 30, 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 Indoritel Makmur Internasional Tbk (ISX:DNET) Overvalued in 2026?
Based on GuruFocus' analysis, PT Indoritel Makmur Internasional Tbk stock appears to be undervalued.
The current stock price of Rp9,800.00 is trading 2% below its estimated GF Value™ of Rp10,000.47.
GuruFocus considers PT Indoritel Makmur Internasional Tbk to be Fairly Valued.
Key valuation signals for ISX:DNET:
Cyclically Adjusted PB Ratio: 11.39 (85% above median its 10-year median of 6.16)
GF Value™: Rp10,000.47 vs. price of Rp9,800.00 (2% below fair value)
Industry Position: 525.8% above the Telecommunication Services median (#282 of 291)
No single metric tells the full story. See the ISX:DNET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Indoritel Makmur Internasional Tbk Business Description
PT Indoritel Makmur Internasional Tbk is an investment holding company. The company, through its subsidiaries, is engaged in providing infrastructure through fiber optic media and serving telecommunication services ranging from data communication to interactive video, managing SDWAN services, and a variety of other Internet of Things (IoT) derivatives. Its segments are the Corporate segment, the Retail segment, and Others. It generates the majority of revenue from the Corporate segment. The Corporate Business Segment provides fiber-optic-based telecommunications data connection service products for business customers, such as Last Mile Solution, Fiberization, IP Transit, IEPL, MPLS, and DWDM, to other telecommunications operators and international customers.
74GF Score
Get the complete analysis for ISX:DNET
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ISX:DNET has been successfully added to your 
