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PT Equity Development Investment TbkISX:GSMF -4.60%59 Cyclically Adjusted PB Ratio is 0.43 as of Aug. 12, 2026, which is 2% below its 10-year median of 0.44. GuruFocus rates ISX:GSMF with a GF Score™ of 59/100 and a GF Value™ of Rp46.24 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 419 Insurance companies, PT Equity Development Investment Tbk ranks better than 90.21% on this metric.
The historical rank and industry rank for PT Equity Development Investment Tbk's Cyclically Adjusted PB Ratio or its related term are showing as below:
ISX:GSMF'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.27 Med: 0.44 Max: 1.8
Current: 0.45
During the past years, PT Equity Development Investment Tbk's highest Cyclically Adjusted PB Ratio was 1.80. The lowest was 0.27. And the median was 0.44.
ISX:GSMF's Cyclically Adjusted PB Ratio is ranked better than 90.21% of 419
companies
in the Insurance industry
Industry Median: 1.41
vs ISX:GSMF: 0.45
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 Equity Development Investment Tbk's adjusted book value per share data for the three months ended in Jun. 2026 was Rp163.016. 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 Rp192.12 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
PT Equity Development Investment Tbk (ISX:GSMF) 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 Equity Development Investment Tbk Cyclically Adjusted PB Ratio Related Terms
PT Equity Development Investment Tbk Cyclically Adjusted PB Ratio Historical Data
* 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 Equity Development Investment Tbk Cyclically Adjusted PB Ratio Chart
ISX:GSMF vs BRK.A, AIG, HIG: Cyclically Adjusted PB Ratio Comparison
For the Insurance - Diversified subindustry, PT Equity Development Investment 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 Equity Development Investment Tbk Cyclically Adjusted PB Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, PT Equity Development Investment Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where PT Equity Development Investment Tbk's Cyclically Adjusted PB Ratio falls into.
PT Equity Development Investment 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.
* 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.
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 0.43 mean?
PT Equity Development Investment Tbk (ISX:GSMF) has a Cyclically Adjusted PB Ratio of 0.43 as of Aug. 12, 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 Equity Development Investment Tbk and its competitors. This is near median its historical median of 0.44. Over the past decade, PT Equity Development Investment Tbk's Cyclically Adjusted PB Ratio has ranged from 0.27 to 1.80. According to the industry distribution chart, PT Equity Development Investment Tbk ranks #41 out of 419 companies in the Insurance industry, placing it in the top 9.8%.
Is PT Equity Development Investment Tbk's Cyclically Adjusted PB Ratio too high?
PT Equity Development Investment Tbk's current Cyclically Adjusted PB Ratio of 0.43 is near median its 10-year median of 0.44. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 1.80. The Insurance industry median Cyclically Adjusted PB Ratio is 1.41. PT Equity Development Investment Tbk's value of 0.43 is 69.5% below this industry median. Based on the distribution chart, PT Equity Development Investment Tbk ranks #41 out of 419 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, PT Equity Development Investment Tbk has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Equity Development Investment Tbk's Cyclically Adjusted PB Ratio compare to BRK.A and AIG?
According to the Insurance industry distribution chart, PT Equity Development Investment Tbk ranks #41 out of 419 companies for Cyclically Adjusted PB Ratio. This places PT Equity Development Investment Tbk in the top 10% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.41. PT Equity Development Investment Tbk's value of 0.43 is 69.5% below this benchmark. Historically, PT Equity Development Investment Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.27 to 1.80 over the past decade. While the company's 10-year median is 0.44 vs. the industry median of 1.41, PT Equity Development Investment 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 an Insurance company?
The median Cyclically Adjusted PB Ratio among Insurance companies is 1.41, based on 419 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 Equity Development Investment Tbk's current Cyclically Adjusted PB Ratio of 0.43 is 69.5% 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 Equity Development Investment Tbk and its competitors. For the Insurance industry, the median Cyclically Adjusted PB Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Equity Development Investment Tbk's current Cyclically Adjusted PB Ratio is 0.43, which is near median its own 10-year median of 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Equity Development Investment Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Equity Development Investment Tbk (ISX:GSMF) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp46.24, compared to a current price of Rp83.00 — trading 79.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.43, which is near median its 10-year median of 0.44 and 69.5% below the Insurance industry median of 1.41. PT Equity Development Investment Tbk's overall GF Score™ is 59/100 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 Equity Development Investment Tbk (ISX:GSMF), the current Cyclically Adjusted PB Ratio is 0.43 as of Aug. 12, 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 Equity Development Investment Tbk (ISX:GSMF) Overvalued in 2026?
Based on GuruFocus' analysis, PT Equity Development Investment Tbk stock appears to be overvalued.
The current stock price of Rp83.00 is trading 79.5% above its estimated GF Value™ of Rp46.24.
GuruFocus considers PT Equity Development Investment Tbk to be Significantly Overvalued.
Key valuation signals for ISX:GSMF:
Cyclically Adjusted PB Ratio: 0.43 (near median its 10-year median of 0.44)
GF Value™: Rp46.24 vs. price of Rp83.00 (79.5% above fair value)
Industry Position: 69.5% below the Insurance median (#41 of 419)
No single metric tells the full story. See the ISX:GSMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Equity Development Investment Tbk is an Indonesia-based investment holding company engaged in the insurance business through its subsidiaries. It is also engaged in investment activities, management consulting services, and share investments, as well as training areas specifically for the Equity group. The company and its subsidiaries have categorized their business activity into four segments by the nature of the business, which include Holding company, travel services and venture capital, Banking and financing, Insurance, Stock administration and securities, out of which the majority of the revenue is generated from the Insurance segment. The company's geographical segments include Java Island and Outside Java Island.
59GF 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.
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