PT Bakrieland Development Tbk (ISX:ELTY) Cyclically Adjusted PB Ratio: 0.04 (As of Jul. 22, 2026) — 33% Above Median

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ISX:ELTY PT Bakrieland Development Tbk ISX:ELTY
69 GF Score
Price Rp27.00
GF Value Rp24.00
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is PT Bakrieland Development Tbk Cyclically Adjusted PB Ratio?

PT Bakrieland Development Tbk ISX:ELTY +8.00% 69 Cyclically Adjusted PB Ratio is 0.04 as of Jul. 22, 2026, which is 33% above its 10-year median of 0.03. GuruFocus rates ISX:ELTY with a GF Score™ of 69/100 and a GF Value™ of Rp24.00 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,433 Real Estate companies, PT Bakrieland Development Tbk ranks better than 96.86% on this metric.

As of today (2026-07-22), PT Bakrieland Development Tbk's current share price is Rp27.00. PT Bakrieland Development Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp676.04. PT Bakrieland Development Tbk's Cyclically Adjusted PB Ratio for today is 0.04.

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

ISX:ELTY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.03   Max: 0.13
Current: 0.03

During the past years, PT Bakrieland Development Tbk's highest Cyclically Adjusted PB Ratio was 0.13. The lowest was 0.01. And the median was 0.03.

ISX:ELTY's Cyclically Adjusted PB Ratio is ranked better than
96.86% of 1433 companies
in the Real Estate industry
Industry Median: 0.7 vs ISX:ELTY: 0.03

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 Bakrieland Development Tbk's adjusted book value per share data for the three months ended in Mar. 2026 was Rp127.530. 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 Rp676.04 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Bakrieland Development Tbk  (ISX:ELTY) 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 Bakrieland Development Tbk Cyclically Adjusted PB Ratio Related Terms


PT Bakrieland Development Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Bakrieland Development 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 Bakrieland Development Tbk Cyclically Adjusted PB Ratio Chart

PT Bakrieland Development 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 0.03 0.04 0.05 0.01 0.06

PT Bakrieland Development 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 0.01 0.01 0.04 0.06 0.06

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

For the Real Estate Services subindustry, PT Bakrieland Development 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 Bakrieland Development Tbk Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


ISX:ELTY
69GF Score
PT Bakrieland Development Tbk ISX:ELTY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Bakrieland Development 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 Bakrieland Development Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.00/676.04
=0.04

* 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 Bakrieland Development Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, PT Bakrieland Development Tbk's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=127.53/136.5387*136.5387
=127.530

Current CPI (Mar. 2026) = 136.5387.

PT Bakrieland Development Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 1,573.889 103.212 2,082.085
201609 1,571.488 104.142 2,060.342
201612 1,397.834 105.222 1,813.866
201703 1,404.570 106.476 1,801.141
201706 1,405.980 107.722 1,782.102
201709 1,389.997 108.020 1,756.968
201712 1,319.787 109.017 1,652.973
201803 2,011.761 110.097 2,494.932
201806 1,989.065 111.085 2,444.840
201809 1,978.992 111.135 2,431.369
201812 1,467.082 112.430 1,781.674
201903 187.812 112.829 227.280
201906 186.491 114.730 221.940
201909 181.020 114.905 215.102
201912 173.632 115.486 205.285
202003 172.379 116.252 202.460
202006 171.381 116.630 200.636
202009 170.096 116.397 199.531
202012 167.071 117.318 194.443
202103 165.963 117.840 192.298
202106 164.587 118.184 190.149
202109 163.807 118.262 189.123
202112 162.094 119.516 185.181
202203 161.667 120.948 182.506
202206 160.753 123.322 177.981
202209 160.308 125.298 174.689
202212 153.787 126.098 166.521
202303 154.681 126.953 166.361
202306 154.436 127.663 165.173
202309 153.969 128.151 164.046
202312 129.265 129.395 136.402
202403 128.669 130.607 134.513
202406 127.874 130.792 133.493
202409 127.722 130.361 133.775
202412 127.574 131.432 132.531
202503 126.184 131.948 130.574
202506 127.268 133.241 130.418
202509 127.960 133.819 130.561
202512 127.700 135.271 128.897
202603 127.530 136.539 127.530

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 0.04 mean?
PT Bakrieland Development Tbk (ISX:ELTY) has a Cyclically Adjusted PB Ratio of 0.04 as of Jul. 22, 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 Bakrieland Development Tbk and its competitors. This is 33% above median its historical median of 0.03. Over the past decade, PT Bakrieland Development Tbk's Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.13. According to the industry distribution chart, PT Bakrieland Development Tbk ranks #45 out of 1433 companies in the Real Estate industry, placing it in the top 3.1%.
Is PT Bakrieland Development Tbk's Cyclically Adjusted PB Ratio too high?
PT Bakrieland Development Tbk's current Cyclically Adjusted PB Ratio of 0.04 is 33% above median its 10-year median of 0.03. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.13. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.70. PT Bakrieland Development Tbk's value of 0.04 is 94.3% below this industry median. Based on the distribution chart, PT Bakrieland Development Tbk ranks #45 out of 1433 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, PT Bakrieland Development Tbk has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Bakrieland Development Tbk's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, PT Bakrieland Development Tbk ranks #45 out of 1433 companies for Cyclically Adjusted PB Ratio. This places PT Bakrieland Development Tbk in the top 3% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.70. PT Bakrieland Development Tbk's value of 0.04 is 94.3% below this benchmark. Historically, PT Bakrieland Development Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.13 over the past decade. While the company's 10-year median is 0.03 vs. the industry median of 0.70, PT Bakrieland Development Tbk has consistently been below 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 0.70, based on 1,433 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 Bakrieland Development Tbk's current Cyclically Adjusted PB Ratio of 0.04 is 94.3% below 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 Bakrieland Development Tbk and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Bakrieland Development Tbk's current Cyclically Adjusted PB Ratio is 0.04, which is 33% above median its own 10-year median of 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bakrieland Development Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bakrieland Development Tbk (ISX:ELTY) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp24.00, compared to a current price of Rp27.00 — trading 12.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.04, which is 33% above median its 10-year median of 0.03 and 94.3% below the Real Estate industry median of 0.70. PT Bakrieland Development Tbk's overall GF Score™ is 69/100 with 2 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 Bakrieland Development Tbk (ISX:ELTY), the current Cyclically Adjusted PB Ratio is 0.04 as of Jul. 22, 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 Bakrieland Development Tbk (ISX:ELTY) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bakrieland Development Tbk stock appears to be overvalued. The current stock price of Rp27.00 is trading 12.5% above its estimated GF Value™ of Rp24.00. GuruFocus considers PT Bakrieland Development Tbk to be Modestly Overvalued.

Key valuation signals for ISX:ELTY:

  • Cyclically Adjusted PB Ratio: 0.04 (33% above median its 10-year median of 0.03)
  • GF Value™: Rp24.00 vs. price of Rp27.00 (12.5% above fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 94.3% below the Real Estate median (#45 of 1433)

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


PT Bakrieland Development Tbk Business Description

Address Jalan H.R. Rasuna Said Kav. B-1, Wisma Bakrie 1, 6th Floor, South Jakarta, Jakarta, IDN, 12920
PT Bakrieland Development Tbk is a property development company. The company's operating segment are: Division I including Sales of land, residential, apartment/ condotel and office spaces; Division II consisting Rental and management of office, spaces, courts and membership fees; Division III consisting Hotel, food and beverages; Division IV includes Theme parks, and Division V represents Others. It generates maximum revenue from the Division II, Rental and management of office, spaces, courts and membership fees segment. Geographically, the company operates in Indonesia in Jakarta, Bogor, Yogyakarta, Lampung, and Sidoarjo.
69GF Score

Get the complete analysis for ISX:ELTY

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

Rp27.00
Price
Rp24.00
GF Value