PT Fortune Indonesia Tbk (ISX:FORU) Cyclically Adjusted PB Ratio: 21.15 (As of Jul. 17, 2026) — 67% Above Median

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ISX:FORU PT Fortune Indonesia Tbk ISX:FORU
37 GF Score
Price Rp2,800.00
GF Value Rp790.32
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is PT Fortune Indonesia Tbk Cyclically Adjusted PB Ratio?

PT Fortune Indonesia Tbk ISX:FORU -5.08% 37 Cyclically Adjusted PB Ratio is 21.15 as of Jul. 17, 2026, which is 67% above its 10-year median of 12.68. GuruFocus rates ISX:FORU with a GF Score™ of 37/100 and a GF Value™ of Rp790.32 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 720 Media - Diversified companies, PT Fortune Indonesia Tbk ranks worse than 98.75% on this metric.

As of today (2026-07-17), PT Fortune Indonesia Tbk's current share price is Rp2800.00. PT Fortune Indonesia Tbk's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was Rp132.37. PT Fortune Indonesia Tbk's Cyclically Adjusted PB Ratio for today is 21.15.

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

ISX:FORU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.8   Med: 12.68   Max: 23.57
Current: 23.57

During the past 11 years, PT Fortune Indonesia Tbk's highest Cyclically Adjusted PB Ratio was 23.57. The lowest was 3.80. And the median was 12.68.

ISX:FORU's Cyclically Adjusted PB Ratio is ranked worse than
98.75% of 720 companies
in the Media - Diversified industry
Industry Median: 0.99 vs ISX:FORU: 23.57

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 Fortune Indonesia Tbk's adjusted book value per share data of for the fiscal year that ended in Dec25 was Rp50.255. 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 Rp132.37 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Fortune Indonesia Tbk  (ISX:FORU) 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 Fortune Indonesia Tbk Cyclically Adjusted PB Ratio Related Terms


PT Fortune Indonesia Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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

PT Fortune 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 23.27 12.69

PT Fortune 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 12.69 0.00

ISX:FORU vs APP, OMC, TTD: Cyclically Adjusted PB Ratio Comparison

For the Advertising Agencies subindustry, PT Fortune 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 Fortune Indonesia Tbk Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, PT Fortune Indonesia Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:FORU
37GF Score
PT Fortune Indonesia Tbk ISX:FORU
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2800.00/132.37
=21.15

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

For example, PT Fortune 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)
=50.255/135.2711*135.2711
=50.255

Current CPI (Dec25) = 135.2711.

PT Fortune Indonesia Tbk Annual Data

Book Value per Share CPI Adj_Book
201612 272.299 105.222 350.062
201712 151.454 109.017 187.928
201812 134.801 112.430 162.187
201912 136.619 115.486 160.025
202012 83.809 117.318 96.634
202112 87.045 119.516 98.520
202212 78.763 126.098 84.493
202312 72.885 129.395 76.195
202412 55.784 131.432 57.414
202512 50.255 135.271 50.255

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 21.15 mean?
PT Fortune Indonesia Tbk (ISX:FORU) has a Cyclically Adjusted PB Ratio of 21.15 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 Fortune Indonesia Tbk and its competitors. This is 67% above median its historical median of 12.68. Over the past decade, PT Fortune Indonesia Tbk's Cyclically Adjusted PB Ratio has ranged from 3.80 to 23.57. According to the industry distribution chart, PT Fortune Indonesia Tbk ranks #711 out of 720 companies in the Media - Diversified industry, placing it in the top 98.7%.
Is PT Fortune Indonesia Tbk's Cyclically Adjusted PB Ratio too high?
PT Fortune Indonesia Tbk's current Cyclically Adjusted PB Ratio of 21.15 is 67% above median its 10-year median of 12.68. Over the past 10 years, this metric has ranged from a low of 3.80 to a high of 23.57. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 0.99. PT Fortune Indonesia Tbk's value of 21.15 is 2036.4% above this industry median. Based on the distribution chart, PT Fortune Indonesia Tbk ranks #711 out of 720 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, PT Fortune Indonesia Tbk has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Fortune Indonesia Tbk's Cyclically Adjusted PB Ratio compare to APP and OMC?
According to the Media - Diversified industry distribution chart, PT Fortune Indonesia Tbk ranks #711 out of 720 companies for Cyclically Adjusted PB Ratio. This places PT Fortune Indonesia Tbk in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.99. PT Fortune Indonesia Tbk's value of 21.15 is 2036.4% above this benchmark. Historically, PT Fortune Indonesia Tbk's own Cyclically Adjusted PB Ratio has ranged from 3.80 to 23.57 over the past decade. While the company's 10-year median is 12.68 vs. the industry median of 0.99, PT Fortune 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 Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 0.99, based on 720 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 Fortune Indonesia Tbk's current Cyclically Adjusted PB Ratio of 21.15 is 2036.4% 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 Fortune Indonesia Tbk and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Fortune Indonesia Tbk's current Cyclically Adjusted PB Ratio is 21.15, which is 67% above median its own 10-year median of 12.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Fortune Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Fortune Indonesia Tbk (ISX:FORU) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp790.32, compared to a current price of Rp2,800.00 — trading 254.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 21.15, which is 67% above median its 10-year median of 12.68 and 2036.4% above the Media - Diversified industry median of 0.99. PT Fortune Indonesia Tbk's overall GF Score™ is 37/100 with 1 warning sign 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 Fortune Indonesia Tbk (ISX:FORU), the current Cyclically Adjusted PB Ratio is 21.15 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 Fortune Indonesia Tbk (ISX:FORU) Overvalued in 2026?

Based on GuruFocus' analysis, PT Fortune Indonesia Tbk stock appears to be overvalued. The current stock price of Rp2,800.00 is trading 254.3% above its estimated GF Value™ of Rp790.32. GuruFocus considers PT Fortune Indonesia Tbk to be Significantly Overvalued.

Key valuation signals for ISX:FORU:

  • Cyclically Adjusted PB Ratio: 21.15 (67% above median its 10-year median of 12.68)
  • GF Value™: Rp790.32 vs. price of Rp2,800.00 (254.3% above fair value)
  • GF Score™: 37/100 with 1 warning sign
  • Industry Position: 2036.4% above the Media - Diversified median (#711 of 720)

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


PT Fortune Indonesia Tbk Business Description

Address Jalan M.H. Thamrin No 1, Menara BCA, Lantai 36, Suite 3603, Kel. Menteng, Kec. Menteng, Central Jakarta, Jakarta, IDN, 10310
PT Fortune Indonesia Tbk is an Indonesia based company engaged in service and printing, which includes advertising, public relations, exhibition and convention, multimedia, promotion, production, and publishing of advertising materials, advertisements, posters, banners, billboards, printing, and publishing of books, magazines, and directories. It operates through the following segments: Integrated Advertising and Public Relations. The company generates maximum revenue from the Integrated segment. It also provides consulting services.
37GF Score

Get the complete analysis for ISX:FORU

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

Rp2,800.00
Price
Rp790.32
GF Value