PT Indo-Rama Synthetics Tbk (ISX:INDR) Cyclically Adjusted PB Ratio: 0.31 (As of Sep. 10, 2026) — 23% Below Median

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ISX:INDR PT Indo-Rama Synthetics Tbk ISX:INDR
67 GF Score
Price Rp3,040.00
GF Value Rp3,105.43
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is PT Indo-Rama Synthetics Tbk Cyclically Adjusted PB Ratio?

PT Indo-Rama Synthetics Tbk ISX:INDR 67 Cyclically Adjusted PB Ratio is 0.31 as of Sep. 10, 2026, which is 23% below its 10-year median of 0.40. GuruFocus rates ISX:INDR with a GF Score™ of 67/100 and a GF Value™ of Rp3,105.43 (Fairly Valued). The stock has 6 warning signs investors should review. Among 635 Manufacturing - Apparel & Accessories companies, PT Indo-Rama Synthetics Tbk ranks better than 87.4% on this metric.

As of today (2026-09-10), PT Indo-Rama Synthetics Tbk's current share price is Rp3040.00. PT Indo-Rama Synthetics Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Rp9,876.41. PT Indo-Rama Synthetics Tbk's Cyclically Adjusted PB Ratio for today is 0.31.

The historical rank and industry rank for PT Indo-Rama Synthetics Tbk's Cyclically Adjusted PB Ratio or its related term are showing as below:

ISX:INDR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.4   Max: 1.51
Current: 0.27

During the past years, PT Indo-Rama Synthetics Tbk's highest Cyclically Adjusted PB Ratio was 1.51. The lowest was 0.19. And the median was 0.40.

ISX:INDR's Cyclically Adjusted PB Ratio is ranked better than
87.4% of 635 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.95 vs ISX:INDR: 0.27

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 Indo-Rama Synthetics Tbk's adjusted book value per share data for the three months ended in Jun. 2026 was Rp10,361.740. 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 Rp9,876.41 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Indo-Rama Synthetics Tbk  (ISX:INDR) 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 Indo-Rama Synthetics Tbk Cyclically Adjusted PB Ratio Related Terms


PT Indo-Rama Synthetics Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Indo-Rama Synthetics 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 Indo-Rama Synthetics Tbk Cyclically Adjusted PB Ratio Chart

PT Indo-Rama Synthetics 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 0.57 0.68 0.35 0.30 0.29

PT Indo-Rama Synthetics 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 0.22 0.34 0.29 0.27 0.20

PT Indo-Rama Synthetics Tbk Cyclically Adjusted PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, PT Indo-Rama Synthetics 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 Indo-Rama Synthetics Tbk Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Indo-Rama Synthetics Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Indo-Rama Synthetics Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:INDR
67GF Score
PT Indo-Rama Synthetics Tbk ISX:INDR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Indo-Rama Synthetics 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 Indo-Rama Synthetics Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3040.00/9876.41
=0.31

* 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 Indo-Rama Synthetics Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, PT Indo-Rama Synthetics 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)
=10361.74/137.6954*137.6954
=10,361.740

Current CPI (Jun. 2026) = 137.6954.

PT Indo-Rama Synthetics Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 5,930.883 104.142 7,841.718
201612 5,865.687 105.222 7,675.951
201703 6,054.039 106.476 7,829.127
201706 6,072.019 107.722 7,761.580
201709 6,024.365 108.020 7,679.358
201712 5,947.506 109.017 7,512.085
201803 6,175.785 110.097 7,723.926
201806 6,501.397 111.085 8,058.828
201809 0.000 111.135 0.000
201812 7,741.131 112.430 9,480.735
201903 8,300.162 112.829 10,129.481
201906 8,050.152 114.730 9,661.527
201909 8,084.912 114.905 9,688.517
201912 7,879.373 115.486 9,394.683
202003 8,759.037 116.252 10,374.669
202006 8,095.465 116.630 9,557.663
202009 8,481.705 116.397 10,033.727
202012 8,154.385 117.318 9,570.742
202103 8,681.758 117.840 10,144.604
202106 9,106.695 118.184 10,610.159
202109 9,373.329 118.262 10,913.629
202112 10,064.364 119.516 11,595.230
202203 10,822.796 120.948 12,321.384
202206 10,588.174 123.322 11,822.206
202209 10,867.840 125.298 11,943.102
202212 11,001.195 126.098 12,013.018
202303 10,785.679 126.953 11,698.378
202306 9,890.483 127.663 10,667.735
202309 9,813.266 128.151 10,544.103
202312 9,787.049 129.395 10,414.890
202403 9,683.074 130.607 10,208.601
202406 10,012.992 130.792 10,541.525
202409 9,309.340 130.361 9,833.112
202412 9,695.152 131.432 10,157.214
202503 9,800.886 131.948 10,227.763
202506 9,576.068 133.241 9,896.237
202509 9,631.736 133.819 9,910.743
202512 9,575.999 135.271 9,747.618
202603 9,551.790 136.539 9,632.709
202606 10,361.740 137.695 10,361.740

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 0.31 mean?
PT Indo-Rama Synthetics Tbk (ISX:INDR) has a Cyclically Adjusted PB Ratio of 0.31 as of Sep. 10, 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 Indo-Rama Synthetics Tbk and its competitors. This is 23% below median its historical median of 0.40. Over the past decade, PT Indo-Rama Synthetics Tbk's Cyclically Adjusted PB Ratio has ranged from 0.19 to 1.51. According to the industry distribution chart, PT Indo-Rama Synthetics Tbk ranks #80 out of 635 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 12.6%.
Is PT Indo-Rama Synthetics Tbk's Cyclically Adjusted PB Ratio too high?
PT Indo-Rama Synthetics Tbk's current Cyclically Adjusted PB Ratio of 0.31 is 23% below median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 1.51. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.95. PT Indo-Rama Synthetics Tbk's value of 0.31 is 67.4% below this industry median. Based on the distribution chart, PT Indo-Rama Synthetics Tbk ranks #80 out of 635 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, PT Indo-Rama Synthetics Tbk has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Indo-Rama Synthetics Tbk's Cyclically Adjusted PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, PT Indo-Rama Synthetics Tbk ranks #80 out of 635 companies for Cyclically Adjusted PB Ratio. This places PT Indo-Rama Synthetics Tbk in the top 13% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.95. PT Indo-Rama Synthetics Tbk's value of 0.31 is 67.4% below this benchmark. Historically, PT Indo-Rama Synthetics Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.19 to 1.51 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 0.95, PT Indo-Rama Synthetics 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.95, based on 635 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 Indo-Rama Synthetics Tbk's current Cyclically Adjusted PB Ratio of 0.31 is 67.4% 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 Indo-Rama Synthetics Tbk and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Indo-Rama Synthetics Tbk's current Cyclically Adjusted PB Ratio is 0.31, which is 23% below median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indo-Rama Synthetics Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indo-Rama Synthetics Tbk (ISX:INDR) is currently considered Fairly Valued. The stock's GF Value™ is Rp3,105.43, compared to a current price of Rp3,040.00 — trading 2.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.31, which is 23% below median its 10-year median of 0.40 and 67.4% below the Manufacturing - Apparel & Accessories industry median of 0.95. PT Indo-Rama Synthetics Tbk's overall GF Score™ is 67/100 with 6 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 Indo-Rama Synthetics Tbk (ISX:INDR), the current Cyclically Adjusted PB Ratio is 0.31 as of Sep. 10, 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 Indo-Rama Synthetics Tbk (ISX:INDR) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indo-Rama Synthetics Tbk stock appears to be undervalued. The current stock price of Rp3,040.00 is trading 2.1% below its estimated GF Value™ of Rp3,105.43. GuruFocus considers PT Indo-Rama Synthetics Tbk to be Fairly Valued.

Key valuation signals for ISX:INDR:

  • Cyclically Adjusted PB Ratio: 0.31 (23% below median its 10-year median of 0.40)
  • GF Value™: Rp3,105.43 vs. price of Rp3,040.00 (2.1% below fair value)
  • GF Score™: 67/100 with 6 warning signs
  • Industry Position: 67.4% below the Manufacturing - Apparel & Accessories median (#80 of 635)

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


PT Indo-Rama Synthetics Tbk Business Description

Address Jalan H. R. Rasuna Said, Blok X-1, Kav. 1-2, Graha Irama, 17th Floor, Jakarta, IDN, 12950
PT Indo-Rama Synthetics Tbk is engaged in operation of cotton spinning mill in Purwakarta. It has expanded its Spun Yarns business and diversified into manufacturing of Polyester Filament Yarns, Polyester Staple Fibers, PET Resin, Polyester Chips, and Polyester Filament Fabrics production for all markets, with manufacturing plants located in Purwakarta, and Campaka in Indonesia, and through its indirect subsidiaries, in Uzbekistan and Turkey. Its segment includes Spun yarns manufactures spun yarns and sewing thread; Polyester manufactures polyester filament yarns, polyester staple fibre, textile chips, polyester filament fabrics and pet resin; Minerals, is engaged in gold and coal mining; and Others is engaged in trading, investment, mining and other activities.
67GF Score

Get the complete analysis for ISX:INDR

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

Rp3,040.00
Price
Rp3,105.43
GF Value