PT Jasuindo Tiga Perkasa Tbk (ISX:JTPE) Cyclically Adjusted PB Ratio: (As of Aug. 11, 2026)

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.
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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:JTPE PT Jasuindo Tiga Perkasa Tbk ISX:JTPE
79 GF Score
Price Rp615.00
GF Value Rp364.37
Valuation Significantly Overvalued
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What is PT Jasuindo Tiga Perkasa Tbk Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Jasuindo Tiga Perkasa Tbk  (ISX:JTPE) 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 Jasuindo Tiga Perkasa Tbk Cyclically Adjusted PB Ratio Related Terms


PT Jasuindo Tiga Perkasa Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Jasuindo Tiga Perkasa 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 Jasuindo Tiga Perkasa Tbk Cyclically Adjusted PB Ratio Chart

PT Jasuindo Tiga Perkasa 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 3.60 3.06 3.12 1.99 4.54

PT Jasuindo Tiga Perkasa 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 2.08 2.74 4.54 4.56 0.00

ISX:JTPE vs CTAS, CPRT, GPN: Cyclically Adjusted PB Ratio Comparison

For the Specialty Business Services subindustry, PT Jasuindo Tiga Perkasa 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 Jasuindo Tiga Perkasa Tbk Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, PT Jasuindo Tiga Perkasa Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Jasuindo Tiga Perkasa Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:JTPE
79GF Score
PT Jasuindo Tiga Perkasa Tbk ISX:JTPE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Jasuindo Tiga Perkasa 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 Jasuindo Tiga Perkasa Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, PT Jasuindo Tiga Perkasa 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)
=181.267/137.6954*137.6954
=181.267

Current CPI (Jun. 2026) = 137.6954.

PT Jasuindo Tiga Perkasa Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 51.010 104.142 67.445
201612 76.878 105.222 100.604
201703 78.357 106.476 101.332
201706 79.317 107.722 101.387
201709 75.097 108.020 95.727
201712 80.812 109.017 102.071
201803 78.318 110.097 97.951
201806 81.690 111.085 101.259
201809 79.503 111.135 98.504
201812 89.049 112.430 109.060
201903 88.543 112.829 108.057
201906 81.392 114.730 97.684
201909 85.382 114.905 102.317
201912 101.863 115.486 121.453
202003 104.839 116.252 124.177
202006 100.490 116.630 118.640
202009 100.548 116.397 118.947
202012 105.236 117.318 123.515
202103 106.556 117.840 124.510
202106 107.323 118.184 125.041
202109 106.742 118.262 124.283
202112 124.979 119.516 143.989
202203 126.702 120.948 144.246
202206 127.513 123.322 142.374
202209 126.901 125.298 139.457
202212 138.540 126.098 151.282
202303 144.014 126.953 156.201
202306 141.499 127.663 152.619
202309 151.683 128.151 162.980
202312 145.493 129.395 154.826
202403 152.177 130.607 160.436
202406 151.748 130.792 159.758
202409 156.681 130.361 165.496
202412 168.282 131.432 176.302
202503 176.436 131.948 184.121
202506 180.374 133.241 186.405
202509 174.425 133.819 179.478
202512 202.782 135.271 206.416
202603 204.226 136.539 205.956
202606 181.267 137.695 181.267

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.

Is PT Jasuindo Tiga Perkasa Tbk (ISX:JTPE) Overvalued in 2026?

Based on GuruFocus' analysis, PT Jasuindo Tiga Perkasa Tbk stock appears to be overvalued. The current stock price of Rp615.00 is trading 68.8% above its estimated GF Value™ of Rp364.37. GuruFocus considers PT Jasuindo Tiga Perkasa Tbk to be Significantly Overvalued.

Key valuation signals for ISX:JTPE:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: Rp364.37 vs. price of Rp615.00 (68.8% above fair value)
  • GF Score™: 79/100

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


PT Jasuindo Tiga Perkasa Tbk Business Description

Address Jalan Raya Betro No. 21, Sedati, Sidoarja, IDN, 61253
PT Jasuindo Tiga Perkasa Tbk is an Indonesian-based company that engages in the production of business forms and security printing products. It operates through the following segments: The Security segment refers to products that are secured in nature and require a special permit during production, such as the book of checks, giro, stocks, and other securities. The Non-Security segment relates to products that are not secured in nature and do not require special permission. Geographically, the group sells the products locally as well as in the international market.
79GF Score

Get the complete analysis for ISX:JTPE

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

Rp615.00
Price
Rp364.37
GF Value