PT Kertas Basuki Rachmat Indonesia Tbk (ISX:KBRI) Cyclically Adjusted PB Ratio: (As of Jul. 16, 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.
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:KBRI PT Kertas Basuki Rachmat Indonesia Tbk ISX:KBRI
4 GF Score
Price Rp50.00
View Full Analysis

What is PT Kertas Basuki Rachmat Indonesia Tbk Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Kertas Basuki Rachmat Indonesia Tbk  (ISX:KBRI) 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 Kertas Basuki Rachmat Indonesia Tbk Cyclically Adjusted PB Ratio Related Terms


PT Kertas Basuki Rachmat Indonesia Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Kertas Basuki Rachmat Indonesia 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 Kertas Basuki Rachmat Indonesia Tbk Cyclically Adjusted PB Ratio Chart

PT Kertas Basuki Rachmat Indonesia Tbk Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

PT Kertas Basuki Rachmat Indonesia Tbk Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Jun19 Sep19
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 0.00 0.00 0.00 0.00 0.00

PT Kertas Basuki Rachmat Indonesia Tbk Cyclically Adjusted PB Ratio Competitor Comparison

For the Paper & Paper Products subindustry, PT Kertas Basuki Rachmat Indonesia 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 Kertas Basuki Rachmat Indonesia Tbk Cyclically Adjusted PB Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, PT Kertas Basuki Rachmat Indonesia Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Kertas Basuki Rachmat Indonesia Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:KBRI
4GF Score
PT Kertas Basuki Rachmat Indonesia Tbk ISX:KBRI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Kertas Basuki Rachmat Indonesia 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 Kertas Basuki Rachmat Indonesia Tbk's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec18 is calculated as:

For example, PT Kertas Basuki Rachmat Indonesia Tbk's adjusted Book Value per Share data for the fiscal year that ended in Dec18 was:

Adj_Book=Book Value per Share/CPI of Dec18 (Change)*Current CPI (Dec18)
=19.531/112.4299*112.4299
=19.531

Current CPI (Dec18) = 112.4299.

PT Kertas Basuki Rachmat Indonesia Tbk Annual Data

Book Value per Share CPI Adj_Book
200912 271.349 73.124 417.206
201012 80.180 78.210 115.262
201112 77.680 81.172 107.594
201212 81.890 84.658 108.753
201312 79.817 91.196 98.401
201412 77.928 98.819 88.661
201512 59.997 102.133 66.046
201612 48.246 105.222 51.551
201712 33.732 109.017 34.788
201812 19.531 112.430 19.531

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.


PT Kertas Basuki Rachmat Indonesia Tbk Business Description

Address Jalan Letjen. TB. Simatupang no.1, Gedung Antam Office Park, Tower B Lantai 11, RT. 010/04 Tanjung Barat - Jagakarsa, Jakarta Selatan, IDN, 12530
PT Kertas Basuki Rachmat Indonesia Tbk manufactures a wide range of paper products for office and consumer use. It has produced various papers for offices and general needs such as intermediate liner, wrapping, back kraft and Uncoated Wood Free Paper. The firm also offers culture papers, writing papers, printing papers, and wrapping papers. Its products are in the form of sheets, plano size, and rolls. The firm mainly operates in Indonesia.
4GF Score

Get the complete analysis for ISX:KBRI

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

Rp50.00
Price