PT Gunawan Dianjaya Steel Tbk (ISX:GDST) Cyclically Adjusted PB Ratio: 0.61 (As of Jul. 11, 2026) — 31% Below Median


ISX:GDST PT Gunawan Dianjaya Steel Tbk ISX:GDST
65 GF Score
Price Rp83.00
GF Value Rp89.67
Valuation Fairly Valued
! 7 Warning Signs
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What is PT Gunawan Dianjaya Steel Tbk Cyclically Adjusted PB Ratio?

PT Gunawan Dianjaya Steel Tbk ISX:GDST +1.22% 65 Cyclically Adjusted PB Ratio is 0.61 as of Jul. 11, 2026, which is 31% below its 10-year median of 0.88. GuruFocus rates ISX:GDST with a GF Score™ of 65/100 and a GF Value™ of Rp89.67 (Fairly Valued). The stock has 7 warning signs investors should review. Among 519 Steel companies, PT Gunawan Dianjaya Steel Tbk ranks better than 68.02% on this metric.

As of today (2026-07-11), PT Gunawan Dianjaya Steel Tbk's current share price is Rp83.00. PT Gunawan Dianjaya Steel Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp135.02. PT Gunawan Dianjaya Steel Tbk's Cyclically Adjusted PB Ratio for today is 0.61.

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

ISX:GDST' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.88   Max: 1.96
Current: 0.61

During the past years, PT Gunawan Dianjaya Steel Tbk's highest Cyclically Adjusted PB Ratio was 1.96. The lowest was 0.58. And the median was 0.88.

ISX:GDST's Cyclically Adjusted PB Ratio is ranked better than
68.02% of 519 companies
in the Steel industry
Industry Median: 0.94 vs ISX:GDST: 0.61

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 Gunawan Dianjaya Steel Tbk's adjusted book value per share data for the three months ended in Mar. 2026 was Rp154.038. 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 Rp135.02 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Gunawan Dianjaya Steel Tbk  (ISX:GDST) 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 Gunawan Dianjaya Steel Tbk Cyclically Adjusted PB Ratio Related Terms


PT Gunawan Dianjaya Steel Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Gunawan Dianjaya Steel 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 Gunawan Dianjaya Steel Tbk Cyclically Adjusted PB Ratio Chart

PT Gunawan Dianjaya Steel 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 0.85 1.23 1.05 0.75 0.92

PT Gunawan Dianjaya Steel 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 0.62 0.78 0.82 0.92 0.76

ISX:GDST vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, PT Gunawan Dianjaya Steel 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 Gunawan Dianjaya Steel Tbk Cyclically Adjusted PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, PT Gunawan Dianjaya Steel Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Gunawan Dianjaya Steel Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:GDST
65GF Score
PT Gunawan Dianjaya Steel Tbk ISX:GDST
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Gunawan Dianjaya Steel 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 Gunawan Dianjaya Steel Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=83.00/135.02
=0.61

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

For example, PT Gunawan Dianjaya Steel 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)
=154.038/136.5387*136.5387
=154.038

Current CPI (Mar. 2026) = 136.5387.

PT Gunawan Dianjaya Steel Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 101.901 103.212 134.804
201609 101.737 104.142 133.385
201612 124.637 105.222 161.732
201703 103.872 106.476 133.200
201706 102.318 107.722 129.690
201709 101.469 108.020 128.258
201712 124.031 109.017 155.343
201803 102.478 110.097 127.090
201806 99.882 111.085 122.769
201809 95.642 111.135 117.505
201812 106.092 112.430 128.842
201903 106.896 112.829 129.360
201906 107.202 114.730 127.580
201909 107.673 114.905 127.946
201912 108.628 115.486 128.431
202003 95.736 116.252 112.442
202006 99.491 116.630 116.474
202009 95.809 116.397 112.388
202012 99.733 117.318 116.073
202103 100.514 117.840 116.464
202106 100.505 118.184 116.114
202109 97.466 118.262 112.529
202112 92.763 119.516 105.975
202203 97.309 120.948 109.852
202206 108.837 123.322 120.501
202209 118.692 125.298 129.340
202212 124.690 126.098 135.014
202303 130.358 126.953 140.201
202306 140.804 127.663 150.593
202309 146.055 128.151 155.614
202312 149.851 129.395 158.124
202403 158.371 130.607 165.564
202406 150.682 130.792 157.303
202409 148.738 130.361 155.787
202412 146.736 131.432 152.438
202503 150.959 131.948 156.211
202506 151.380 133.241 155.127
202509 153.751 133.819 156.876
202512 152.589 135.271 154.019
202603 154.038 136.539 154.038

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 0.61 mean?
PT Gunawan Dianjaya Steel Tbk (ISX:GDST) has a Cyclically Adjusted PB Ratio of 0.61 as of Jul. 11, 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 Gunawan Dianjaya Steel Tbk and its competitors. This is 31% below median its historical median of 0.88. Over the past decade, PT Gunawan Dianjaya Steel Tbk's Cyclically Adjusted PB Ratio has ranged from 0.58 to 1.96. According to the industry distribution chart, PT Gunawan Dianjaya Steel Tbk ranks #166 out of 519 companies in the Steel industry, placing it in the top 32%.
Is PT Gunawan Dianjaya Steel Tbk's Cyclically Adjusted PB Ratio too high?
PT Gunawan Dianjaya Steel Tbk's current Cyclically Adjusted PB Ratio of 0.61 is 31% below median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 1.96. The Steel industry median Cyclically Adjusted PB Ratio is 0.94. PT Gunawan Dianjaya Steel Tbk's value of 0.61 is 35.1% below this industry median. Based on the distribution chart, PT Gunawan Dianjaya Steel Tbk ranks #166 out of 519 companies in the Steel industry, which is above the industry midpoint. Overall, PT Gunawan Dianjaya Steel Tbk has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Gunawan Dianjaya Steel Tbk's Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, PT Gunawan Dianjaya Steel Tbk ranks #166 out of 519 companies for Cyclically Adjusted PB Ratio. This puts PT Gunawan Dianjaya Steel Tbk in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.94. PT Gunawan Dianjaya Steel Tbk's value of 0.61 is 35.1% below this benchmark. Historically, PT Gunawan Dianjaya Steel Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.58 to 1.96 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 0.94, PT Gunawan Dianjaya Steel 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 Steel company?
The median Cyclically Adjusted PB Ratio among Steel companies is 0.94, based on 519 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 Gunawan Dianjaya Steel Tbk's current Cyclically Adjusted PB Ratio of 0.61 is 35.1% 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 Gunawan Dianjaya Steel Tbk and its competitors. For the Steel industry, the median Cyclically Adjusted PB Ratio is 0.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Gunawan Dianjaya Steel Tbk's current Cyclically Adjusted PB Ratio is 0.61, which is 31% below median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Gunawan Dianjaya Steel Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Gunawan Dianjaya Steel Tbk (ISX:GDST) is currently considered Fairly Valued. The stock's GF Value™ is Rp89.67, compared to a current price of Rp83.00 — trading 7.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.61, which is 31% below median its 10-year median of 0.88 and 35.1% below the Steel industry median of 0.94. PT Gunawan Dianjaya Steel Tbk's overall GF Score™ is 65/100 with 7 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 Gunawan Dianjaya Steel Tbk (ISX:GDST), the current Cyclically Adjusted PB Ratio is 0.61 as of Jul. 11, 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 Gunawan Dianjaya Steel Tbk (ISX:GDST) Overvalued in 2026?

Based on GuruFocus' analysis, PT Gunawan Dianjaya Steel Tbk stock appears to be undervalued. The current stock price of Rp83.00 is trading 7.4% below its estimated GF Value™ of Rp89.67. GuruFocus considers PT Gunawan Dianjaya Steel Tbk to be Fairly Valued.

Key valuation signals for ISX:GDST:

  • Cyclically Adjusted PB Ratio: 0.61 (31% below median its 10-year median of 0.88)
  • GF Value™: Rp89.67 vs. price of Rp83.00 (7.4% below fair value)
  • GF Score™: 65/100 with 7 warning signs
  • Industry Position: 35.1% below the Steel median (#166 of 519)

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


PT Gunawan Dianjaya Steel Tbk Business Description

Address Jalan Margomulyo 29A, Tambak Sarioso, Asemrowo, Jawa Timur, Surabaya, IDN, 60184
PT Gunawan Dianjaya Steel Tbk is an Indonesian steel plate manufacturing (re-rolling) company. It is engaged in the manufacture of Hot Rolled Steel Plate. Its products include Low carbon Structural Steel Plates, High Strength Low Alloy Structural Steel Plates, Steel plates for boilers and pressure vessels, Steel plates for ship building including Hull Structural Steel Plates (Mild Steels), and High Strength Hull Structural Steel Plates (High Tensile Steels). It operates in single segment of manufacturing of hot rolled steel in Indonesia.
65GF Score

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

Rp83.00
Price
Rp89.67
GF Value