PT Aksara Global Development Tbk (ISX:GAMA) Cyclically Adjusted PB Ratio: 0.14 (As of Jul. 27, 2026)

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ISX:GAMA PT Aksara Global Development Tbk ISX:GAMA
4 GF Score
Price Rp18.00
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What is PT Aksara Global Development Tbk Cyclically Adjusted PB Ratio?

PT Aksara Global Development Tbk ISX:GAMA 4 Cyclically Adjusted PB Ratio is 0.14 as of Jul. 27, 2026. GuruFocus rates ISX:GAMA with a GF Score™ of 4/100.

As of today (2026-07-27), PT Aksara Global Development Tbk's current share price is Rp18.00. PT Aksara Global Development Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 was Rp127.71. PT Aksara Global Development Tbk's Cyclically Adjusted PB Ratio for today is 0.14.

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

ISX:GAMA's Cyclically Adjusted PB Ratio is not ranked *
in the Real Estate industry.
Industry Median: 0.69
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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 Aksara Global Development Tbk's adjusted book value per share data for the three months ended in Sep. 2022 was Rp104.706. 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 Rp127.71 for the trailing ten years ended in Sep. 2022.

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PT Aksara Global Development Tbk  (ISX:GAMA) 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 Aksara Global Development Tbk Cyclically Adjusted PB Ratio Related Terms


PT Aksara Global Development Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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

PT Aksara Global Development Tbk Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.41

PT Aksara Global Development Tbk Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.41 0.41 0.40 0.40 0.39

PT Aksara Global Development Tbk Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, PT Aksara Global 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 Aksara Global Development Tbk Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


ISX:GAMA
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PT Aksara Global Development Tbk ISX:GAMA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Aksara Global 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 Aksara Global Development Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.00/127.71
=0.14

* 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 Aksara Global Development Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 is calculated as:

For example, PT Aksara Global Development Tbk's adjusted Book Value per Share data for the three months ended in Sep. 2022 was:

Adj_Book=Book Value per Share/CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=104.706/125.2984*125.2984
=104.706

Current CPI (Sep. 2022) = 125.2984.

PT Aksara Global Development Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201212 102.023 84.658 150.999
201303 102.617 86.172 149.210
201306 102.904 87.177 147.903
201309 103.856 90.474 143.832
201312 104.357 91.196 143.381
201403 105.242 92.483 142.584
201406 105.626 93.015 142.287
201409 106.320 94.576 140.857
201412 109.017 98.819 138.228
201503 109.498 98.388 139.448
201506 109.755 99.766 137.844
201509 109.773 101.037 136.133
201512 109.519 102.133 134.360
201603 109.516 102.764 133.531
201606 109.551 103.212 132.993
201609 109.555 104.142 131.811
201612 109.632 105.222 130.550
201703 109.342 106.476 128.671
201706 109.394 107.722 127.244
201709 109.432 108.020 126.936
201712 109.660 109.017 126.038
201803 109.645 110.097 124.785
201806 109.680 111.085 123.714
201809 109.809 111.135 123.804
201812 109.779 112.430 122.344
201903 109.841 112.829 121.981
201906 109.858 114.730 119.977
201909 109.860 114.905 119.797
201912 109.958 115.486 119.301
202003 109.602 116.252 118.131
202006 109.231 116.630 117.350
202009 108.801 116.397 117.122
202012 108.632 117.318 116.021
202103 108.654 117.840 115.531
202106 108.298 118.184 114.817
202109 108.120 118.262 114.553
202112 106.888 119.516 112.059
202203 106.386 120.948 110.212
202206 105.442 123.322 107.132
202209 104.706 125.298 104.706

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 0.14 mean?
PT Aksara Global Development Tbk (ISX:GAMA) has a Cyclically Adjusted PB Ratio of 0.14 as of Jul. 27, 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 Aksara Global Development Tbk and its competitors.
Is PT Aksara Global Development Tbk's Cyclically Adjusted PB Ratio too high?
PT Aksara Global Development Tbk's current Cyclically Adjusted PB Ratio is 0.14. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. PT Aksara Global Development Tbk's value of 0.14 is 79.7% below this industry median. Overall, PT Aksara Global Development Tbk has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does PT Aksara Global Development Tbk's Cyclically Adjusted PB Ratio compare to competitors?
PT Aksara Global Development Tbk's Cyclically Adjusted PB Ratio of 0.14 can be compared against companies in the Real Estate industry. The industry median Cyclically Adjusted PB Ratio is 0.69. PT Aksara Global Development Tbk's value of 0.14 is 79.7% below this benchmark. 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 0.69, based on 1,426 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 Aksara Global Development Tbk's current Cyclically Adjusted PB Ratio of 0.14 is 79.7% 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 Aksara Global Development Tbk and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Aksara Global Development Tbk's current Cyclically Adjusted PB Ratio is 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Aksara Global Development Tbk stock overvalued right now?
PT Aksara Global Development Tbk (ISX:GAMA) has a current Cyclically Adjusted PB Ratio of 0.14. The current Cyclically Adjusted PB Ratio is 0.14 and 79.7% below the Real Estate industry median of 0.69. PT Aksara Global Development Tbk's overall GF Score™ is 4/100. 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 Aksara Global Development Tbk (ISX:GAMA), the current Cyclically Adjusted PB Ratio is 0.14 as of Jul. 27, 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.

PT Aksara Global Development Tbk Business Description

Address Jalan Otista Raya No. 23, RT 003 RW 011, Kec. Ciputat, Kota Tangerang Selatan, Banten, IDN, 15412
PT Aksara Global Development Tbk is engaged in the development of affordable homes and apartments which cater to Indonesia's expanding middle-class income families in growing second-tier cities and urban areas. The company's operating segment includes Apartments; Houses and others. It generates maximum revenue from the Apartment segment.
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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