PT Dharmatya Nusantara Tbk (ISX:DSNG) Cyclically Adjusted PB Ratio: 2.15 (As of Aug. 23, 2026) — 35% Above Median

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ISX:DSNG PT Dharma Satya Nusantara Tbk ISX:DSNG
95 GF Score
Price Rp1,440.00
GF Value Rp1,093.89
Valuation Significantly Overvalued
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What is PT Dharmatya Nusantara Tbk Cyclically Adjusted PB Ratio?

PT Dharmatya Nusantara Tbk ISX:DSNG +1.41% 95 Cyclically Adjusted PB Ratio is 2.15 as of Aug. 23, 2026, which is 35% above its 10-year median of 1.59. GuruFocus rates ISX:DSNG with a GF Score™ of 95/100 and a GF Value™ of Rp1,093.89 (Significantly Overvalued). Among 1,325 Consumer Packaged Goods companies, PT Dharmatya Nusantara Tbk ranks worse than 70.04% on this metric.

As of today (2026-08-23), PT Dharmatya Nusantara Tbk's current share price is Rp1440.00. PT Dharmatya Nusantara Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Rp669.92. PT Dharmatya Nusantara Tbk's Cyclically Adjusted PB Ratio for today is 2.15.

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

ISX:DSNG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.11   Med: 1.59   Max: 3.18
Current: 2.15

During the past years, PT Dharmatya Nusantara Tbk's highest Cyclically Adjusted PB Ratio was 3.18. The lowest was 1.11. And the median was 1.59.

ISX:DSNG's Cyclically Adjusted PB Ratio is ranked worse than
70.04% of 1325 companies
in the Consumer Packaged Goods industry
Industry Median: 1.26 vs ISX:DSNG: 2.15

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 Dharmatya Nusantara Tbk's adjusted book value per share data for the three months ended in Jun. 2026 was Rp1,130.591. 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 Rp669.92 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Dharmatya Nusantara Tbk  (ISX:DSNG) 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 Dharmatya Nusantara Tbk Cyclically Adjusted PB Ratio Related Terms


PT Dharmatya Nusantara Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Dharmatya Nusantara 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 Dharmatya Nusantara Tbk Cyclically Adjusted PB Ratio Chart

PT Dharmatya Nusantara 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 1.52 1.50 1.20 1.79 2.49

PT Dharmatya Nusantara 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 1.37 2.79 2.49 2.62 1.66

ISX:DSNG vs ADM, BG, TSN: Cyclically Adjusted PB Ratio Comparison

For the Farm Products subindustry, PT Dharmatya Nusantara 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 Dharmatya Nusantara Tbk Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Dharmatya Nusantara Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:DSNG
95GF Score
PT Dharma Satya Nusantara Tbk ISX:DSNG
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Dharmatya Nusantara 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 Dharmatya Nusantara Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1440.00/669.92
=2.15

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

For example, PT Dharmatya Nusantara 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)
=1130.591/137.6954*137.6954
=1,130.591

Current CPI (Jun. 2026) = 137.6954.

PT Dharmatya Nusantara Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 228.612 104.142 302.267
201612 258.365 105.222 338.101
201703 254.642 106.476 329.305
201706 267.433 107.722 341.847
201709 282.341 108.020 359.905
201712 305.511 109.017 385.880
201803 304.166 110.097 380.414
201806 320.941 111.085 397.823
201809 334.705 111.135 414.699
201812 341.509 112.430 418.254
201903 347.292 112.829 423.834
201906 338.016 114.730 405.676
201909 337.495 114.905 404.436
201912 348.642 115.486 415.691
202003 356.167 116.252 421.863
202006 360.754 116.630 425.913
202009 359.036 116.397 424.734
202012 585.341 117.318 687.010
202103 594.880 117.840 695.115
202106 592.777 118.184 690.641
202109 665.608 118.262 774.986
202112 650.985 119.516 750.005
202203 670.294 120.948 763.107
202206 674.640 123.322 753.268
202209 715.242 125.298 786.008
202212 757.976 126.098 827.690
202303 778.143 126.953 843.991
202306 761.809 127.663 821.676
202309 775.306 128.151 833.046
202312 822.268 129.395 875.017
202403 847.195 130.607 893.175
202406 851.375 130.792 896.315
202409 885.052 130.361 934.848
202412 917.324 131.432 961.043
202503 952.056 131.948 993.523
202506 979.718 133.241 1,012.474
202509 1,017.563 133.819 1,047.039
202512 1,083.110 135.271 1,102.521
202603 1,123.718 136.539 1,133.238
202606 1,130.591 137.695 1,130.591

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 2.15 mean?
PT Dharmatya Nusantara Tbk (ISX:DSNG) has a Cyclically Adjusted PB Ratio of 2.15 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 Dharmatya Nusantara Tbk and its competitors. This is 35% above median its historical median of 1.59. Over the past decade, PT Dharmatya Nusantara Tbk's Cyclically Adjusted PB Ratio has ranged from 1.11 to 3.18. According to the industry distribution chart, PT Dharmatya Nusantara Tbk ranks #928 out of 1325 companies in the Consumer Packaged Goods industry, placing it in the top 70%.
Is PT Dharmatya Nusantara Tbk's Cyclically Adjusted PB Ratio too high?
PT Dharmatya Nusantara Tbk's current Cyclically Adjusted PB Ratio of 2.15 is 35% above median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 3.18. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.26. PT Dharmatya Nusantara Tbk's value of 2.15 is 70.6% above this industry median. Based on the distribution chart, PT Dharmatya Nusantara Tbk ranks #928 out of 1325 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, PT Dharmatya Nusantara Tbk has a GF Score™ of 95/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Dharmatya Nusantara Tbk's Cyclically Adjusted PB Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, PT Dharmatya Nusantara Tbk ranks #928 out of 1325 companies for Cyclically Adjusted PB Ratio. This places PT Dharmatya Nusantara Tbk in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. PT Dharmatya Nusantara Tbk's value of 2.15 is 70.6% above this benchmark. Historically, PT Dharmatya Nusantara Tbk's own Cyclically Adjusted PB Ratio has ranged from 1.11 to 3.18 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 1.26, PT Dharmatya Nusantara 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.26, based on 1,325 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 Dharmatya Nusantara Tbk's current Cyclically Adjusted PB Ratio of 2.15 is 70.6% 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 Dharmatya Nusantara Tbk and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Dharmatya Nusantara Tbk's current Cyclically Adjusted PB Ratio is 2.15, which is 35% above median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Dharmatya Nusantara Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Dharmatya Nusantara Tbk (ISX:DSNG) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp1,093.89, compared to a current price of Rp1,440.00 — trading 31.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.15, which is 35% above median its 10-year median of 1.59 and 70.6% above the Consumer Packaged Goods industry median of 1.26. PT Dharmatya Nusantara Tbk's overall GF Score™ is 95/100. 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 Dharmatya Nusantara Tbk (ISX:DSNG), the current Cyclically Adjusted PB Ratio is 2.15 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 Dharmatya Nusantara Tbk (ISX:DSNG) Overvalued in 2026?

Based on GuruFocus' analysis, PT Dharmatya Nusantara Tbk stock appears to be overvalued. The current stock price of Rp1,440.00 is trading 31.6% above its estimated GF Value™ of Rp1,093.89. GuruFocus considers PT Dharmatya Nusantara Tbk to be Significantly Overvalued.

Key valuation signals for ISX:DSNG:

  • Cyclically Adjusted PB Ratio: 2.15 (35% above median its 10-year median of 1.59)
  • GF Value™: Rp1,093.89 vs. price of Rp1,440.00 (31.6% above fair value)
  • GF Score™: 95/100
  • Industry Position: 70.6% above the Consumer Packaged Goods median (#928 of 1325)

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


PT Dharmatya Nusantara Tbk Business Description

Address Jl. Pulo Ayang Kav. OR 3, Kawasan Industri Pulogadung, Kelurahan Jatinegara, Kecamatan Cakung, Jakarta, IDN, 13930
PT Dharma Satya Nusantara Tbk is engaged in forestry, agriculture and plantation, transportation, plant construction, service, and trading industries. Its segments include Palm oil, Wood Products and renewable energy. The company generates its revenue from the Palm Oil segment. Geographically, the company operates in Indonesia, the United States of America, Europe, and the Asia Pacific. It derives a majority of its revenue from Indonesia.
95GF Score

Get the complete analysis for ISX:DSNG

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

Rp1,440.00
Price
Rp1,093.89
GF Value