PT Kokoh Inti Arebama Tbk (ISX:KOIN) Cyclically Adjusted PB Ratio: 1.46 (As of Sep. 03, 2026) — 85% Above Median

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ISX:KOIN PT Kokoh Inti Arebama Tbk ISX:KOIN
67 GF Score
Price Rp78.00
GF Value Rp78.12
Valuation Fairly Valued
! 3 Warning Signs
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What is PT Kokoh Inti Arebama Tbk Cyclically Adjusted PB Ratio?

PT Kokoh Inti Arebama Tbk ISX:KOIN 67 Cyclically Adjusted PB Ratio is 1.46 as of Sep. 03, 2026, which is 85% above its 10-year median of 0.79. GuruFocus rates ISX:KOIN with a GF Score™ of 67/100 and a GF Value™ of Rp78.12 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,237 Construction companies, PT Kokoh Inti Arebama Tbk ranks worse than 58.04% on this metric.

As of today (2026-09-03), PT Kokoh Inti Arebama Tbk's current share price is Rp78.00. PT Kokoh Inti Arebama Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Rp53.47. PT Kokoh Inti Arebama Tbk's Cyclically Adjusted PB Ratio for today is 1.46.

The historical rank and industry rank for PT Kokoh Inti Arebama Tbk's Cyclically Adjusted PB Ratio or its related term are showing as below:

ISX:KOIN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 0.79   Max: 1.55
Current: 1.46

During the past years, PT Kokoh Inti Arebama Tbk's highest Cyclically Adjusted PB Ratio was 1.55. The lowest was 0.54. And the median was 0.79.

ISX:KOIN's Cyclically Adjusted PB Ratio is ranked worse than
58.04% of 1237 companies
in the Construction industry
Industry Median: 1.16 vs ISX:KOIN: 1.46

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 Kokoh Inti Arebama Tbk's adjusted book value per share data for the three months ended in Jun. 2026 was Rp-91.794. 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 Rp53.47 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Kokoh Inti Arebama Tbk  (ISX:KOIN) 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 Kokoh Inti Arebama Tbk Cyclically Adjusted PB Ratio Related Terms


PT Kokoh Inti Arebama Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Kokoh Inti Arebama 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 Kokoh Inti Arebama Tbk Cyclically Adjusted PB Ratio Chart

PT Kokoh Inti Arebama 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 0.00 1.05 0.75 0.79 1.30

PT Kokoh Inti Arebama 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 0.84 1.06 1.30 1.40 1.46

ISX:KOIN vs TT, JCI, CARR: Cyclically Adjusted PB Ratio Comparison

For the Building Products & Equipment subindustry, PT Kokoh Inti Arebama 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 Kokoh Inti Arebama Tbk Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, PT Kokoh Inti Arebama Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Kokoh Inti Arebama Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:KOIN
67GF Score
PT Kokoh Inti Arebama Tbk ISX:KOIN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Kokoh Inti Arebama 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 Kokoh Inti Arebama Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=78.00/53.47
=1.46

* 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 Kokoh Inti Arebama Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, PT Kokoh Inti Arebama 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)
=-91.794/137.6954*137.6954
=-91.794

Current CPI (Jun. 2026) = 137.6954.

PT Kokoh Inti Arebama Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 121.678 104.142 160.881
201612 123.592 105.222 161.735
201703 111.446 106.476 144.123
201706 108.020 107.722 138.077
201709 112.099 108.020 142.894
201712 113.743 109.017 143.665
201803 112.101 110.097 140.202
201806 105.841 111.085 131.196
201809 103.523 111.135 128.265
201812 105.093 112.430 128.710
201903 107.068 112.829 130.665
201906 105.103 114.730 126.141
201909 111.271 114.905 133.341
201912 87.708 115.486 104.575
202003 87.569 116.252 103.721
202006 88.199 116.630 104.129
202009 92.125 116.397 108.982
202012 129.066 117.318 151.484
202103 127.750 117.840 149.275
202106 119.061 118.184 138.717
202109 111.785 118.262 130.154
202112 100.223 119.516 115.468
202203 90.153 120.948 102.636
202206 78.966 123.322 88.169
202209 60.807 125.298 66.823
202212 26.343 126.098 28.766
202303 -10.592 126.953 -11.488
202306 -38.827 127.663 -41.878
202309 -44.240 128.151 -47.535
202312 -50.135 129.395 -53.351
202403 -64.681 130.607 -68.191
202406 -79.141 130.792 -83.318
202409 -81.450 130.361 -86.033
202412 -87.824 131.432 -92.010
202503 -91.795 131.948 -95.793
202506 -97.746 133.241 -101.014
202509 -99.134 133.819 -102.006
202512 -91.565 135.271 -93.206
202603 -95.565 136.539 -96.375
202606 -91.794 137.695 -91.794

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 1.46 mean?
PT Kokoh Inti Arebama Tbk (ISX:KOIN) has a Cyclically Adjusted PB Ratio of 1.46 as of Sep. 03, 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 Kokoh Inti Arebama Tbk and its competitors. This is 85% above median its historical median of 0.79. Over the past decade, PT Kokoh Inti Arebama Tbk's Cyclically Adjusted PB Ratio has ranged from 0.54 to 1.55. According to the industry distribution chart, PT Kokoh Inti Arebama Tbk ranks #718 out of 1237 companies in the Construction industry, placing it in the top 58%.
Is PT Kokoh Inti Arebama Tbk's Cyclically Adjusted PB Ratio too high?
PT Kokoh Inti Arebama Tbk's current Cyclically Adjusted PB Ratio of 1.46 is 85% above median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 1.55. The Construction industry median Cyclically Adjusted PB Ratio is 1.16. PT Kokoh Inti Arebama Tbk's value of 1.46 is 25.9% above this industry median. Based on the distribution chart, PT Kokoh Inti Arebama Tbk ranks #718 out of 1237 companies in the Construction industry, which is below the industry midpoint. Overall, PT Kokoh Inti Arebama 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 Kokoh Inti Arebama Tbk's Cyclically Adjusted PB Ratio compare to TT and JCI?
According to the Construction industry distribution chart, PT Kokoh Inti Arebama Tbk ranks #718 out of 1237 companies for Cyclically Adjusted PB Ratio. This places PT Kokoh Inti Arebama Tbk in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.16. PT Kokoh Inti Arebama Tbk's value of 1.46 is 25.9% above this benchmark. Historically, PT Kokoh Inti Arebama Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.54 to 1.55 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 1.16, PT Kokoh Inti Arebama Tbk has consistently been above 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.16, based on 1,237 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 Kokoh Inti Arebama Tbk's current Cyclically Adjusted PB Ratio of 1.46 is 25.9% above 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 Kokoh Inti Arebama Tbk and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Kokoh Inti Arebama Tbk's current Cyclically Adjusted PB Ratio is 1.46, which is 85% above median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Kokoh Inti Arebama Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Kokoh Inti Arebama Tbk (ISX:KOIN) is currently considered Fairly Valued. The stock's GF Value™ is Rp78.12, compared to a current price of Rp78.00 — trading 0.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.46, which is 85% above median its 10-year median of 0.79 and 25.9% above the Construction industry median of 1.16. PT Kokoh Inti Arebama Tbk's overall GF Score™ is 67/100 with 3 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 Kokoh Inti Arebama Tbk (ISX:KOIN), the current Cyclically Adjusted PB Ratio is 1.46 as of Sep. 03, 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 Kokoh Inti Arebama Tbk (ISX:KOIN) Overvalued in 2026?

Based on GuruFocus' analysis, PT Kokoh Inti Arebama Tbk stock appears to be undervalued. The current stock price of Rp78.00 is trading 0.2% below its estimated GF Value™ of Rp78.12. GuruFocus considers PT Kokoh Inti Arebama Tbk to be Fairly Valued.

Key valuation signals for ISX:KOIN:

  • Cyclically Adjusted PB Ratio: 1.46 (85% above median its 10-year median of 0.79)
  • GF Value™: Rp78.12 vs. price of Rp78.00 (0.2% below fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 25.9% above the Construction median (#718 of 1237)

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


PT Kokoh Inti Arebama Tbk Business Description

Address Jl. Buncit Raya No.139, Graha Mobisel, 3rd Floor, Jakarta Selatan, Kalibata Pancoran, Jakarta, IDN, 12740
PT Kokoh Inti Arebama Tbk is engaged in the distribution of building materials. The Company conducts its business activities through two main segments, namely the building materials distribution wholesale segment and the building materials retail segment, which is operated through the Belanja Keramik store network and the Mitraruma platform. It includes ceramic products, roof tiles, granites, sanitary ware, fittings, mosaic tiles, granite tile, ceramic adhesive, and instant cement. The company distributes ceramic tiles of various brand names, especially KIA and Impresso. The distribution and supply network of the company includes central warehouses in Karawang, Cileungsi, and Gresik, Indonesia.
67GF Score

Get the complete analysis for ISX:KOIN

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

Rp78.00
Price
Rp78.12
GF Value