PT Indopoly Swakarsa Industry Tbk (ISX:IPOL) Cyclically Adjusted PB Ratio: 0.26 (As of Sep. 02, 2026) — 26% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ISX:IPOL PT Indopoly Swakarsa Industry Tbk ISX:IPOL
53 GF Score
Price Rp113.00
GF Value Rp176.61
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is PT Indopoly Swakarsa Industry Tbk Cyclically Adjusted PB Ratio?

PT Indopoly Swakarsa Industry Tbk ISX:IPOL 53 Cyclically Adjusted PB Ratio is 0.26 as of Sep. 02, 2026, which is 26% below its 10-year median of 0.35. GuruFocus rates ISX:IPOL with a GF Score™ of 53/100 and a GF Value™ of Rp176.61 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 269 Packaging & Containers companies, PT Indopoly Swakarsa Industry Tbk ranks better than 92.19% on this metric.

As of today (2026-09-02), PT Indopoly Swakarsa Industry Tbk's current share price is Rp113.00. PT Indopoly Swakarsa Industry Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Rp432.69. PT Indopoly Swakarsa Industry Tbk's Cyclically Adjusted PB Ratio for today is 0.26.

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

ISX:IPOL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.35   Max: 0.58
Current: 0.26

During the past years, PT Indopoly Swakarsa Industry Tbk's highest Cyclically Adjusted PB Ratio was 0.58. The lowest was 0.22. And the median was 0.35.

ISX:IPOL's Cyclically Adjusted PB Ratio is ranked better than
92.19% of 269 companies
in the Packaging & Containers industry
Industry Median: 1.13 vs ISX:IPOL: 0.26

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 Indopoly Swakarsa Industry Tbk's adjusted book value per share data for the three months ended in Jun. 2026 was Rp489.153. 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 Rp432.69 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Indopoly Swakarsa Industry Tbk  (ISX:IPOL) 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 Indopoly Swakarsa Industry Tbk Cyclically Adjusted PB Ratio Related Terms


PT Indopoly Swakarsa Industry Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Indopoly Swakarsa Industry 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 Indopoly Swakarsa Industry Tbk Cyclically Adjusted PB Ratio Chart

PT Indopoly Swakarsa Industry 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 0.49 0.45 0.39 0.32 0.29

PT Indopoly Swakarsa Industry 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 0.32 0.34 0.29 0.28 0.24

ISX:IPOL vs SW, AMCR, PKG: Cyclically Adjusted PB Ratio Comparison

For the Packaging & Containers subindustry, PT Indopoly Swakarsa Industry 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 Indopoly Swakarsa Industry Tbk Cyclically Adjusted PB Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, PT Indopoly Swakarsa Industry Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Indopoly Swakarsa Industry Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:IPOL
53GF Score
PT Indopoly Swakarsa Industry Tbk ISX:IPOL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Indopoly Swakarsa Industry 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 Indopoly Swakarsa Industry Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=113.00/432.69
=0.26

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

For example, PT Indopoly Swakarsa Industry 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)
=489.153/137.6954*137.6954
=489.153

Current CPI (Jun. 2026) = 137.6954.

PT Indopoly Swakarsa Industry Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 308.047 104.142 407.295
201612 313.164 105.222 409.812
201703 312.992 106.476 404.764
201706 310.686 107.722 397.136
201709 314.273 108.020 400.609
201712 322.167 109.017 406.918
201803 333.025 110.097 416.507
201806 335.188 111.085 415.483
201809 353.046 111.135 437.423
201812 349.757 112.430 428.355
201903 347.450 112.829 424.026
201906 345.974 114.730 415.227
201909 340.904 114.905 408.521
201912 341.598 115.486 407.292
202003 372.129 116.252 440.769
202006 349.834 116.630 413.021
202009 373.896 116.397 442.313
202012 370.528 117.318 434.886
202103 380.737 117.840 444.890
202106 381.540 118.184 444.530
202109 383.532 118.262 446.557
202112 391.668 119.516 451.244
202203 397.344 120.948 452.363
202206 394.283 123.322 440.236
202209 393.632 125.298 432.578
202212 412.075 126.098 449.975
202303 406.014 126.953 440.371
202306 388.936 127.663 419.501
202309 397.825 128.151 427.453
202312 407.473 129.395 433.612
202403 410.160 130.607 432.421
202406 426.035 130.792 448.523
202409 406.707 130.361 429.590
202412 421.571 131.432 441.663
202503 435.182 131.948 454.136
202506 434.082 133.241 448.595
202509 441.180 133.819 453.960
202512 447.736 135.271 455.760
202603 456.288 136.539 460.153
202606 489.153 137.695 489.153

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 0.26 mean?
PT Indopoly Swakarsa Industry Tbk (ISX:IPOL) has a Cyclically Adjusted PB Ratio of 0.26 as of Sep. 02, 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 Indopoly Swakarsa Industry Tbk and its competitors. This is 26% below median its historical median of 0.35. Over the past decade, PT Indopoly Swakarsa Industry Tbk's Cyclically Adjusted PB Ratio has ranged from 0.22 to 0.58. According to the industry distribution chart, PT Indopoly Swakarsa Industry Tbk ranks #21 out of 269 companies in the Packaging & Containers industry, placing it in the top 7.8%.
Is PT Indopoly Swakarsa Industry Tbk's Cyclically Adjusted PB Ratio too high?
PT Indopoly Swakarsa Industry Tbk's current Cyclically Adjusted PB Ratio of 0.26 is 26% below median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.58. The Packaging & Containers industry median Cyclically Adjusted PB Ratio is 1.13. PT Indopoly Swakarsa Industry Tbk's value of 0.26 is 77% below this industry median. Based on the distribution chart, PT Indopoly Swakarsa Industry Tbk ranks #21 out of 269 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, PT Indopoly Swakarsa Industry Tbk has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Indopoly Swakarsa Industry Tbk's Cyclically Adjusted PB Ratio compare to SW and AMCR?
According to the Packaging & Containers industry distribution chart, PT Indopoly Swakarsa Industry Tbk ranks #21 out of 269 companies for Cyclically Adjusted PB Ratio. This places PT Indopoly Swakarsa Industry Tbk in the top 8% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.13. PT Indopoly Swakarsa Industry Tbk's value of 0.26 is 77% below this benchmark. Historically, PT Indopoly Swakarsa Industry Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.22 to 0.58 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 1.13, PT Indopoly Swakarsa Industry 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 Packaging & Containers company?
The median Cyclically Adjusted PB Ratio among Packaging & Containers companies is 1.13, based on 269 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 Indopoly Swakarsa Industry Tbk's current Cyclically Adjusted PB Ratio of 0.26 is 77% 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 Indopoly Swakarsa Industry Tbk and its competitors. For the Packaging & Containers industry, the median Cyclically Adjusted PB Ratio is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Indopoly Swakarsa Industry Tbk's current Cyclically Adjusted PB Ratio is 0.26, which is 26% below median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indopoly Swakarsa Industry Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indopoly Swakarsa Industry Tbk (ISX:IPOL) is currently considered Possible Value Trap. The stock's GF Value™ is Rp176.61, compared to a current price of Rp113.00 — trading 36% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.26, which is 26% below median its 10-year median of 0.35 and 77% below the Packaging & Containers industry median of 1.13. PT Indopoly Swakarsa Industry Tbk's overall GF Score™ is 53/100 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 Indopoly Swakarsa Industry Tbk (ISX:IPOL), the current Cyclically Adjusted PB Ratio is 0.26 as of Sep. 02, 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 Indopoly Swakarsa Industry Tbk (ISX:IPOL) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indopoly Swakarsa Industry Tbk stock appears to be undervalued. The current stock price of Rp113.00 is trading 36% below its estimated GF Value™ of Rp176.61. GuruFocus considers PT Indopoly Swakarsa Industry Tbk to be Possible Value Trap.

Key valuation signals for ISX:IPOL:

  • Cyclically Adjusted PB Ratio: 0.26 (26% below median its 10-year median of 0.35)
  • GF Value™: Rp176.61 vs. price of Rp113.00 (36% below fair value)
  • GF Score™: 53/100 with 6 warning signs
  • Industry Position: 77% below the Packaging & Containers median (#21 of 269)

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


PT Indopoly Swakarsa Industry Tbk Business Description

Address Jalan Jenderal Sudirman Kav. 70-71, Wisma Indosemen, 6th Floor, Jakarta, IDN, 12910
PT Indopoly Swakarsa Industry Tbk is an Indonesia-based company engaged in the manufacturing of biaxially-oriented polypropylene (BOPP) and biaxially-oriented polyester (BOPET) films for the flexible packaging industry. The company manufactures films that are being used in cigarette packaging, food packaging, non-food packaging, graphic media, green packaging, label, and other custom purposes. Its products are marketed under the brand name Ilene. The firm also manufactures specialty products such as oxo-biodegradable films, breathable films, and high barrier films. It offers its products to both the Indonesian market and international markets such as China, the United States, and others from which Indonesia derives a majority of its revenue to the company.
53GF Score

Get the complete analysis for ISX:IPOL

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

Rp113.00
Price
Rp176.61
GF Value