PT Greenwood Sejahtera Tbk (ISX:GWSA) Cyclically Adjusted PB Ratio: 0.17 (As of Aug. 26, 2026) — Near Median

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ISX:GWSA PT Greenwood Sejahtera Tbk ISX:GWSA
70 GF Score
Price Rp168.00
GF Value Rp155.21
Valuation Fairly Valued
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What is PT Greenwood Sejahtera Tbk Cyclically Adjusted PB Ratio?

PT Greenwood Sejahtera Tbk ISX:GWSA +7.01% 70 Cyclically Adjusted PB Ratio is 0.17 as of Aug. 26, 2026, which is 6% below its 10-year median of 0.18. GuruFocus rates ISX:GWSA with a GF Score™ of 70/100 and a GF Value™ of Rp155.21 (Fairly Valued). Among 1,332 Real Estate companies, PT Greenwood Sejahtera Tbk ranks better than 85.74% on this metric.

As of today (2026-08-26), PT Greenwood Sejahtera Tbk's current share price is Rp168.00. PT Greenwood Sejahtera Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Rp1,015.96. PT Greenwood Sejahtera Tbk's Cyclically Adjusted PB Ratio for today is 0.17.

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

ISX:GWSA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.18   Max: 0.32
Current: 0.15

During the past years, PT Greenwood Sejahtera Tbk's highest Cyclically Adjusted PB Ratio was 0.32. The lowest was 0.11. And the median was 0.18.

ISX:GWSA's Cyclically Adjusted PB Ratio is ranked better than
85.74% of 1332 companies
in the Real Estate industry
Industry Median: 0.67 vs ISX:GWSA: 0.15

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 Greenwood Sejahtera Tbk's adjusted book value per share data for the three months ended in Jun. 2026 was Rp934.691. 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 Rp1,015.96 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Greenwood Sejahtera Tbk  (ISX:GWSA) 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 Greenwood Sejahtera Tbk Cyclically Adjusted PB Ratio Related Terms


PT Greenwood Sejahtera Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Greenwood Sejahtera 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 Greenwood Sejahtera Tbk Cyclically Adjusted PB Ratio Chart

PT Greenwood Sejahtera 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 0.25 0.19 0.18 0.14 0.16

PT Greenwood Sejahtera 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 0.12 0.15 0.16 0.14 0.11

PT Greenwood Sejahtera Tbk Cyclically Adjusted PB Ratio Competitor Comparison

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

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

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


ISX:GWSA
70GF Score
PT Greenwood Sejahtera Tbk ISX:GWSA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Greenwood Sejahtera 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 Greenwood Sejahtera Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=168.00/1015.96
=0.17

* 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 Greenwood Sejahtera Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, PT Greenwood Sejahtera Tbk's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=934.691/137.6954*137.6954
=934.691

Current CPI (Jun. 2026) = 137.6954.

PT Greenwood Sejahtera Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 813.784 104.142 1,075.972
201612 823.505 105.222 1,077.654
201703 828.306 106.476 1,071.171
201706 828.815 107.722 1,059.436
201709 832.754 108.020 1,061.525
201712 847.916 109.017 1,070.973
201803 852.622 110.097 1,066.357
201806 856.928 111.085 1,062.208
201809 860.851 111.135 1,066.592
201812 875.471 112.430 1,072.209
201903 877.666 112.829 1,071.100
201906 880.900 114.730 1,057.227
201909 885.473 114.905 1,061.103
201912 891.879 115.486 1,063.399
202003 896.968 116.252 1,062.417
202006 898.017 116.630 1,060.216
202009 900.364 116.397 1,065.117
202012 885.743 117.318 1,039.590
202103 887.888 117.840 1,037.494
202106 890.435 118.184 1,037.441
202109 892.143 118.262 1,038.747
202112 889.071 119.516 1,024.305
202203 891.954 120.948 1,015.459
202206 894.405 123.322 998.646
202209 897.447 125.298 986.240
202212 893.139 126.098 975.284
202303 895.651 126.953 971.442
202306 897.154 127.663 967.658
202309 900.471 128.151 967.533
202312 900.920 129.395 958.714
202403 904.662 130.607 953.760
202406 909.642 130.792 957.657
202409 913.320 130.361 964.706
202412 910.148 131.432 953.525
202503 913.381 131.948 953.163
202506 917.875 133.241 948.563
202509 922.583 133.819 949.308
202512 925.478 135.271 942.064
202603 929.834 136.539 937.711
202606 934.691 137.695 934.691

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 0.17 mean?
PT Greenwood Sejahtera Tbk (ISX:GWSA) has a Cyclically Adjusted PB Ratio of 0.17 as of Aug. 26, 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 Greenwood Sejahtera Tbk and its competitors. This is near median its historical median of 0.18. Over the past decade, PT Greenwood Sejahtera Tbk's Cyclically Adjusted PB Ratio has ranged from 0.11 to 0.32. According to the industry distribution chart, PT Greenwood Sejahtera Tbk ranks #190 out of 1332 companies in the Real Estate industry, placing it in the top 14.3%.
Is PT Greenwood Sejahtera Tbk's Cyclically Adjusted PB Ratio too high?
PT Greenwood Sejahtera Tbk's current Cyclically Adjusted PB Ratio of 0.17 is near median its 10-year median of 0.18. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.32. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.67. PT Greenwood Sejahtera Tbk's value of 0.17 is 74.6% below this industry median. Based on the distribution chart, PT Greenwood Sejahtera Tbk ranks #190 out of 1332 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, PT Greenwood Sejahtera Tbk has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Greenwood Sejahtera Tbk's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, PT Greenwood Sejahtera Tbk ranks #190 out of 1332 companies for Cyclically Adjusted PB Ratio. This places PT Greenwood Sejahtera Tbk in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.67. PT Greenwood Sejahtera Tbk's value of 0.17 is 74.6% below this benchmark. Historically, PT Greenwood Sejahtera Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.11 to 0.32 over the past decade. While the company's 10-year median is 0.18 vs. the industry median of 0.67, PT Greenwood Sejahtera 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.67, based on 1,332 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 Greenwood Sejahtera Tbk's current Cyclically Adjusted PB Ratio of 0.17 is 74.6% 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 Greenwood Sejahtera Tbk and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Greenwood Sejahtera Tbk's current Cyclically Adjusted PB Ratio is 0.17, which is near median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Greenwood Sejahtera Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Greenwood Sejahtera Tbk (ISX:GWSA) is currently considered Fairly Valued. The stock's GF Value™ is Rp155.21, compared to a current price of Rp168.00 — trading 8.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.17, which is near median its 10-year median of 0.18 and 74.6% below the Real Estate industry median of 0.67. PT Greenwood Sejahtera Tbk's overall GF Score™ is 70/100. 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 Greenwood Sejahtera Tbk (ISX:GWSA), the current Cyclically Adjusted PB Ratio is 0.17 as of Aug. 26, 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 Greenwood Sejahtera Tbk (ISX:GWSA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Greenwood Sejahtera Tbk stock appears to be overvalued. The current stock price of Rp168.00 is trading 8.2% above its estimated GF Value™ of Rp155.21. GuruFocus considers PT Greenwood Sejahtera Tbk to be Fairly Valued.

Key valuation signals for ISX:GWSA:

  • Cyclically Adjusted PB Ratio: 0.17 (near median its 10-year median of 0.18)
  • GF Value™: Rp155.21 vs. price of Rp168.00 (8.2% above fair value)
  • GF Score™: 70/100
  • Industry Position: 74.6% below the Real Estate median (#190 of 1332)

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


PT Greenwood Sejahtera Tbk Business Description

Address Jalan K.H. Mas Mansyur Kav. 126, TCC Batavia - Tower 1, 35th Floor, Tanah Abang, Central Jakarta, Jakarta, IDN, 10220
PT Greenwood Sejahtera Tbk is a property development company based in Indonesia. Its project portfolio comprises malls, apartments, hotels, and mixed-use properties, such as TCC Batavia, Senayan City, Kuningan City, The Peak Apartment, Lindeteves Trade Center, Emporium Pluit Mall, Holiday Inn Express Pluit, and Festival Citylink, among others. The company's operating segments are: Office, Apartment, and Hotel. Maximum revenue is generated from the Hotel segment.
70GF Score

Get the complete analysis for ISX:GWSA

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

Rp168.00
Price
Rp155.21
GF Value