PT Resource Alam Indonesia Tbk (ISX:KKGI) Cyclically Adjusted PB Ratio: 0.71 (As of Aug. 18, 2026) — 42% Below Median

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ISX:KKGI PT Resource Alam Indonesia Tbk ISX:KKGI
71 GF Score
Price Rp276.00
GF Value Rp258.03
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is PT Resource Alam Indonesia Tbk Cyclically Adjusted PB Ratio?

PT Resource Alam Indonesia Tbk ISX:KKGI +0.73% 71 Cyclically Adjusted PB Ratio is 0.71 as of Aug. 18, 2026, which is 42% below its 10-year median of 1.23. GuruFocus rates ISX:KKGI with a GF Score™ of 71/100 and a GF Value™ of Rp258.03 (Fairly Valued). The stock has 4 warning signs investors should review. Among 132 Other Energy Sources companies, PT Resource Alam Indonesia Tbk ranks better than 69.7% on this metric.

As of today (2026-08-18), PT Resource Alam Indonesia Tbk's current share price is Rp276.00. PT Resource Alam Indonesia Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Rp388.64. PT Resource Alam Indonesia Tbk's Cyclically Adjusted PB Ratio for today is 0.71.

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

ISX:KKGI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 1.23   Max: 2.87
Current: 0.71

During the past years, PT Resource Alam Indonesia Tbk's highest Cyclically Adjusted PB Ratio was 2.87. The lowest was 0.64. And the median was 1.23.

ISX:KKGI's Cyclically Adjusted PB Ratio is ranked better than
69.7% of 132 companies
in the Other Energy Sources industry
Industry Median: 1.15 vs ISX:KKGI: 0.71

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 Resource Alam Indonesia Tbk's adjusted book value per share data for the three months ended in Jun. 2026 was Rp531.245. 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 Rp388.64 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Resource Alam Indonesia Tbk  (ISX:KKGI) 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 Resource Alam Indonesia Tbk Cyclically Adjusted PB Ratio Related Terms


PT Resource Alam Indonesia Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Resource Alam 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 Resource Alam Indonesia Tbk Cyclically Adjusted PB Ratio Chart

PT Resource Alam Indonesia 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 1.05 1.43 1.23 1.63 0.90

PT Resource Alam Indonesia 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 1.03 0.90 0.90 0.94 0.64

PT Resource Alam Indonesia Tbk Cyclically Adjusted PB Ratio Competitor Comparison

For the Thermal Coal subindustry, PT Resource Alam 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 Resource Alam Indonesia Tbk Cyclically Adjusted PB Ratio vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Resource Alam Indonesia Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Resource Alam Indonesia Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:KKGI
71GF Score
PT Resource Alam Indonesia Tbk ISX:KKGI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Resource Alam 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 Resource Alam Indonesia Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=276.00/388.64
=0.71

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

For example, PT Resource Alam Indonesia 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)
=531.245/137.6954*137.6954
=531.245

Current CPI (Jun. 2026) = 137.6954.

PT Resource Alam Indonesia Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 210.736 104.142 278.632
201612 219.175 105.222 286.817
201703 230.507 106.476 298.093
201706 221.364 107.722 282.959
201709 221.687 108.020 282.588
201712 239.599 109.017 302.629
201803 244.326 110.097 305.573
201806 240.584 111.085 298.217
201809 258.996 111.135 320.895
201812 251.123 112.430 307.556
201903 242.191 112.829 295.569
201906 255.821 114.730 307.028
201909 258.242 114.905 309.463
201912 262.297 115.486 312.740
202003 259.130 116.252 306.927
202006 264.920 116.630 312.770
202009 246.877 116.397 292.052
202012 242.699 117.318 284.854
202103 247.729 117.840 289.470
202106 253.576 118.184 295.440
202109 265.009 118.262 308.557
202112 288.663 119.516 332.571
202203 307.751 120.948 350.364
202206 326.737 123.322 364.818
202209 352.001 125.298 386.828
202212 392.207 126.098 428.280
202303 438.541 126.953 475.651
202306 446.103 127.663 481.160
202309 451.066 128.151 484.659
202312 458.220 129.395 487.615
202403 530.822 130.607 559.631
202406 536.457 130.792 564.774
202409 529.960 130.361 559.777
202412 528.891 131.432 554.097
202503 542.444 131.948 566.070
202506 526.964 133.241 544.583
202509 525.588 133.819 540.813
202512 515.935 135.271 525.181
202603 524.299 136.539 528.741
202606 531.245 137.695 531.245

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 0.71 mean?
PT Resource Alam Indonesia Tbk (ISX:KKGI) has a Cyclically Adjusted PB Ratio of 0.71 as of Aug. 18, 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 Resource Alam Indonesia Tbk and its competitors. This is 42% below median its historical median of 1.23. Over the past decade, PT Resource Alam Indonesia Tbk's Cyclically Adjusted PB Ratio has ranged from 0.64 to 2.87. According to the industry distribution chart, PT Resource Alam Indonesia Tbk ranks #40 out of 132 companies in the Other Energy Sources industry, placing it in the top 30.3%.
Is PT Resource Alam Indonesia Tbk's Cyclically Adjusted PB Ratio too high?
PT Resource Alam Indonesia Tbk's current Cyclically Adjusted PB Ratio of 0.71 is 42% below median its 10-year median of 1.23. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 2.87. The Other Energy Sources industry median Cyclically Adjusted PB Ratio is 1.15. PT Resource Alam Indonesia Tbk's value of 0.71 is 38.3% below this industry median. Based on the distribution chart, PT Resource Alam Indonesia Tbk ranks #40 out of 132 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, PT Resource Alam Indonesia Tbk has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Resource Alam Indonesia Tbk's Cyclically Adjusted PB Ratio compare to competitors?
According to the Other Energy Sources industry distribution chart, PT Resource Alam Indonesia Tbk ranks #40 out of 132 companies for Cyclically Adjusted PB Ratio. This puts PT Resource Alam Indonesia Tbk in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.15. PT Resource Alam Indonesia Tbk's value of 0.71 is 38.3% below this benchmark. Historically, PT Resource Alam Indonesia Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.64 to 2.87 over the past decade. While the company's 10-year median is 1.23 vs. the industry median of 1.15, PT Resource Alam Indonesia 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 an Other Energy Sources company?
The median Cyclically Adjusted PB Ratio among Other Energy Sources companies is 1.15, based on 132 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 Resource Alam Indonesia Tbk's current Cyclically Adjusted PB Ratio of 0.71 is 38.3% 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 Resource Alam Indonesia Tbk and its competitors. For the Other Energy Sources industry, the median Cyclically Adjusted PB Ratio is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Resource Alam Indonesia Tbk's current Cyclically Adjusted PB Ratio is 0.71, which is 42% below median its own 10-year median of 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Resource Alam Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Resource Alam Indonesia Tbk (ISX:KKGI) is currently considered Fairly Valued. The stock's GF Value™ is Rp258.03, compared to a current price of Rp276.00 — trading 7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.71, which is 42% below median its 10-year median of 1.23 and 38.3% below the Other Energy Sources industry median of 1.15. PT Resource Alam Indonesia Tbk's overall GF Score™ is 71/100 with 4 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 Resource Alam Indonesia Tbk (ISX:KKGI), the current Cyclically Adjusted PB Ratio is 0.71 as of Aug. 18, 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 Resource Alam Indonesia Tbk (ISX:KKGI) Overvalued in 2026?

Based on GuruFocus' analysis, PT Resource Alam Indonesia Tbk stock appears to be overvalued. The current stock price of Rp276.00 is trading 7% above its estimated GF Value™ of Rp258.03. GuruFocus considers PT Resource Alam Indonesia Tbk to be Fairly Valued.

Key valuation signals for ISX:KKGI:

  • Cyclically Adjusted PB Ratio: 0.71 (42% below median its 10-year median of 1.23)
  • GF Value™: Rp258.03 vs. price of Rp276.00 (7% above fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 38.3% below the Other Energy Sources median (#40 of 132)

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


PT Resource Alam Indonesia Tbk Business Description

Address Jalan Pembangunan I No. 3, Bumi Raya Group Building, Central Jakarta, Jakarta, IDN, 10130
PT Resource Alam Indonesia Tbk is an Indonesia-based energy and mining company mainly engaged in coal mining operations. The company has six reportable business segments: Coal, Electricity, Nickel Ore Trade, Mining Services, Property, and Others. It generates the majority of its revenue from the Coal segment.
71GF Score

Get the complete analysis for ISX:KKGI

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

Rp276.00
Price
Rp258.03
GF Value