PT Gunung Raja Paksi Tbk (ISX:GGRP) Cyclically Adjusted PB Ratio: 0.33 (As of Aug. 21, 2026) — Near Median

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ISX:GGRP PT Gunung Raja Paksi Tbk ISX:GGRP
64 GF Score
Price Rp300.00
GF Value Rp205.49
Valuation Significantly Overvalued
! 3 Warning Signs
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What is PT Gunung Raja Paksi Tbk Cyclically Adjusted PB Ratio?

PT Gunung Raja Paksi Tbk ISX:GGRP -0.66% 64 Cyclically Adjusted PB Ratio is 0.33 as of Aug. 21, 2026, which is at its 10-year median of 0.33. GuruFocus rates ISX:GGRP with a GF Score™ of 64/100 and a GF Value™ of Rp205.49 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 457 Steel companies, PT Gunung Raja Paksi Tbk ranks better than 80.31% on this metric.

As of today (2026-08-21), PT Gunung Raja Paksi Tbk's current share price is Rp300.00. PT Gunung Raja Paksi Tbk's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was Rp919.39. PT Gunung Raja Paksi Tbk's Cyclically Adjusted PB Ratio for today is 0.33.

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

ISX:GGRP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.33   Max: 0.37
Current: 0.33

During the past 10 years, PT Gunung Raja Paksi Tbk's highest Cyclically Adjusted PB Ratio was 0.37. The lowest was 0.32. And the median was 0.33.

ISX:GGRP's Cyclically Adjusted PB Ratio is ranked better than
80.31% of 457 companies
in the Steel industry
Industry Median: 0.82 vs ISX:GGRP: 0.33

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 Gunung Raja Paksi Tbk's adjusted book value per share data of for the fiscal year that ended in Dec25 was Rp901.468. 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 Rp919.39 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Gunung Raja Paksi Tbk  (ISX:GGRP) 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 Gunung Raja Paksi Tbk Cyclically Adjusted PB Ratio Related Terms


PT Gunung Raja Paksi Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Gunung Raja Paksi 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 Gunung Raja Paksi Tbk Cyclically Adjusted PB Ratio Chart

PT Gunung Raja Paksi 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 0.00 0.32

PT Gunung Raja Paksi 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 0.00 0.00 0.32 0.00 0.00

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

For the Steel subindustry, PT Gunung Raja Paksi 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 Gunung Raja Paksi Tbk Cyclically Adjusted PB Ratio vs Steel Industry

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

* The bar in red indicates where PT Gunung Raja Paksi Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:GGRP
64GF Score
PT Gunung Raja Paksi Tbk ISX:GGRP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Gunung Raja Paksi 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 Gunung Raja Paksi Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=300.00/919.39
=0.33

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

For example, PT Gunung Raja Paksi 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)
=901.468/135.2711*135.2711
=901.468

Current CPI (Dec25) = 135.2711.

PT Gunung Raja Paksi Tbk Annual Data

Book Value per Share CPI Adj_Book
201612 580.164 105.222 745.847
201712 579.486 109.017 719.042
201812 635.524 112.430 764.637
201912 800.404 115.486 937.530
202012 807.667 117.318 931.263
202112 890.947 119.516 1,008.395
202212 1,039.445 126.098 1,115.063
202312 1,080.643 129.395 1,129.720
202412 914.270 131.432 940.979
202512 901.468 135.271 901.468

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 0.33 mean?
PT Gunung Raja Paksi Tbk (ISX:GGRP) has a Cyclically Adjusted PB Ratio of 0.33 as of Aug. 21, 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 Gunung Raja Paksi Tbk and its competitors. This is near median its historical median of 0.33. Over the past decade, PT Gunung Raja Paksi Tbk's Cyclically Adjusted PB Ratio has ranged from 0.32 to 0.37. According to the industry distribution chart, PT Gunung Raja Paksi Tbk ranks #90 out of 457 companies in the Steel industry, placing it in the top 19.7%.
Is PT Gunung Raja Paksi Tbk's Cyclically Adjusted PB Ratio too high?
PT Gunung Raja Paksi Tbk's current Cyclically Adjusted PB Ratio of 0.33 is near median its 10-year median of 0.33. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 0.37. The Steel industry median Cyclically Adjusted PB Ratio is 0.82. PT Gunung Raja Paksi Tbk's value of 0.33 is 59.8% below this industry median. Based on the distribution chart, PT Gunung Raja Paksi Tbk ranks #90 out of 457 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, PT Gunung Raja Paksi Tbk has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Gunung Raja Paksi Tbk's Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, PT Gunung Raja Paksi Tbk ranks #90 out of 457 companies for Cyclically Adjusted PB Ratio. This places PT Gunung Raja Paksi Tbk in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.82. PT Gunung Raja Paksi Tbk's value of 0.33 is 59.8% below this benchmark. Historically, PT Gunung Raja Paksi Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.32 to 0.37 over the past decade. While the company's 10-year median is 0.33 vs. the industry median of 0.82, PT Gunung Raja Paksi 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 0.82, based on 457 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 Gunung Raja Paksi Tbk's current Cyclically Adjusted PB Ratio of 0.33 is 59.8% 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 Gunung Raja Paksi Tbk and its competitors. For the Steel industry, the median Cyclically Adjusted PB Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Gunung Raja Paksi Tbk's current Cyclically Adjusted PB Ratio is 0.33, which is near median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Gunung Raja Paksi Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Gunung Raja Paksi Tbk (ISX:GGRP) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp205.49, compared to a current price of Rp300.00 — trading 46% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.33, which is near median its 10-year median of 0.33 and 59.8% below the Steel industry median of 0.82. PT Gunung Raja Paksi Tbk's overall GF Score™ is 64/100 with 3 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 Gunung Raja Paksi Tbk (ISX:GGRP), the current Cyclically Adjusted PB Ratio is 0.33 as of Aug. 21, 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 Gunung Raja Paksi Tbk (ISX:GGRP) Overvalued in 2026?

Based on GuruFocus' analysis, PT Gunung Raja Paksi Tbk stock appears to be overvalued. The current stock price of Rp300.00 is trading 46% above its estimated GF Value™ of Rp205.49. GuruFocus considers PT Gunung Raja Paksi Tbk to be Significantly Overvalued.

Key valuation signals for ISX:GGRP:

  • Cyclically Adjusted PB Ratio: 0.33 (near median its 10-year median of 0.33)
  • GF Value™: Rp205.49 vs. price of Rp300.00 (46% above fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 59.8% below the Steel median (#90 of 457)

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


PT Gunung Raja Paksi Tbk Business Description

Address Jalan Perjuangan No. 15, RT 006/RW 007, Kp. Tangsi, Desa Sukadanau, Kecamatan Cikarang Barat, Kabupaten Bekas, Bekasi, IDN, 17530
PT Gunung Raja Paksi Tbk is an Indonesia-based company engaged in the production of flat steel products consisting of plates (sheets) and coils. Its products and service offerings include steel plates, hot rolled coils, steel pipes, welded beams, steel coil plates, plate and coil servicing, among others. The company's operating segments are based on the geographical market, consisting of local and export markets. A majority of its revenue is generated from the local market.
64GF 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.

Rp300.00
Price
Rp205.49
GF Value