PT Mnc Tourism Indonesia Tbk (ISX:KPIG) Cyclically Adjusted PB Ratio: 0.25 (As of Aug. 14, 2026) — 52% Below Median

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ISX:KPIG PT Mnc Tourism Indonesia Tbk ISX:KPIG
73 GF Score
Price Rp70.00
GF Value Rp144.97
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is PT Mnc Tourism Indonesia Tbk Cyclically Adjusted PB Ratio?

PT Mnc Tourism Indonesia Tbk ISX:KPIG -5.41% 73 Cyclically Adjusted PB Ratio is 0.25 as of Aug. 14, 2026, which is 52% below its 10-year median of 0.52. GuruFocus rates ISX:KPIG with a GF Score™ of 73/100 and a GF Value™ of Rp144.97 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,401 Real Estate companies, PT Mnc Tourism Indonesia Tbk ranks better than 77.16% on this metric.

As of today (2026-08-14), PT Mnc Tourism Indonesia Tbk's current share price is Rp70.00. PT Mnc Tourism Indonesia Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Rp284.78. PT Mnc Tourism Indonesia Tbk's Cyclically Adjusted PB Ratio for today is 0.25.

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

ISX:KPIG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.52   Max: 1.02
Current: 0.26

During the past years, PT Mnc Tourism Indonesia Tbk's highest Cyclically Adjusted PB Ratio was 1.02. The lowest was 0.20. And the median was 0.52.

ISX:KPIG's Cyclically Adjusted PB Ratio is ranked better than
77.16% of 1401 companies
in the Real Estate industry
Industry Median: 0.69 vs ISX:KPIG: 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 Mnc Tourism Indonesia Tbk's adjusted book value per share data for the three months ended in Jun. 2026 was Rp275.153. 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 Rp284.78 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Mnc Tourism Indonesia Tbk  (ISX:KPIG) 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 Mnc Tourism Indonesia Tbk Cyclically Adjusted PB Ratio Related Terms


PT Mnc Tourism Indonesia Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Mnc Tourism 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 Mnc Tourism Indonesia Tbk Cyclically Adjusted PB Ratio Chart

PT Mnc Tourism 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 0.50 0.33 0.26 0.58 0.54

PT Mnc Tourism 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 0.63 0.67 0.54 0.36 0.26

ISX:KPIG vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, PT Mnc Tourism 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 Mnc Tourism Indonesia Tbk Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Mnc Tourism Indonesia Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:KPIG
73GF Score
PT Mnc Tourism Indonesia Tbk ISX:KPIG
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Mnc Tourism 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 Mnc Tourism Indonesia Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=70.00/284.78
=0.25

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

For example, PT Mnc Tourism 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)
=275.153/137.6954*137.6954
=275.153

Current CPI (Jun. 2026) = 137.6954.

PT Mnc Tourism Indonesia Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 164.021 104.142 216.866
201612 160.296 105.222 209.766
201703 154.048 106.476 199.216
201706 152.373 107.722 194.771
201709 150.880 108.020 192.329
201712 163.954 109.017 207.085
201803 164.081 110.097 205.213
201806 163.988 111.085 203.272
201809 164.818 111.135 204.209
201812 171.219 112.430 209.696
201903 171.215 112.829 208.950
201906 271.417 114.730 325.746
201909 269.187 114.905 322.579
201912 282.421 115.486 336.734
202003 281.834 116.252 333.819
202006 283.328 116.630 334.503
202009 283.724 116.397 335.641
202012 285.525 117.318 335.119
202103 284.500 117.840 332.437
202106 297.577 118.184 346.705
202109 297.267 118.262 346.116
202112 300.933 119.516 346.707
202203 302.571 120.948 344.467
202206 283.555 123.322 316.603
202209 283.371 125.298 311.408
202212 285.005 126.098 311.218
202303 288.219 126.953 312.608
202306 288.766 127.663 311.459
202309 288.064 128.151 309.517
202312 271.922 129.395 289.366
202403 272.437 130.607 287.223
202406 277.663 130.792 292.319
202409 283.491 130.361 299.441
202412 288.023 131.432 301.750
202503 288.748 131.948 301.324
202506 294.516 133.241 304.363
202509 286.618 133.819 294.921
202512 284.711 135.271 289.814
202603 288.327 136.539 290.770
202606 275.153 137.695 275.153

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 0.25 mean?
PT Mnc Tourism Indonesia Tbk (ISX:KPIG) has a Cyclically Adjusted PB Ratio of 0.25 as of Aug. 14, 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 Mnc Tourism Indonesia Tbk and its competitors. This is 52% below median its historical median of 0.52. Over the past decade, PT Mnc Tourism Indonesia Tbk's Cyclically Adjusted PB Ratio has ranged from 0.20 to 1.02. According to the industry distribution chart, PT Mnc Tourism Indonesia Tbk ranks #320 out of 1401 companies in the Real Estate industry, placing it in the top 22.8%.
Is PT Mnc Tourism Indonesia Tbk's Cyclically Adjusted PB Ratio too high?
PT Mnc Tourism Indonesia Tbk's current Cyclically Adjusted PB Ratio of 0.25 is 52% below median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 1.02. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. PT Mnc Tourism Indonesia Tbk's value of 0.25 is 63.8% below this industry median. Based on the distribution chart, PT Mnc Tourism Indonesia Tbk ranks #320 out of 1401 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, PT Mnc Tourism Indonesia Tbk has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Mnc Tourism Indonesia Tbk's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, PT Mnc Tourism Indonesia Tbk ranks #320 out of 1401 companies for Cyclically Adjusted PB Ratio. This places PT Mnc Tourism Indonesia Tbk in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.69. PT Mnc Tourism Indonesia Tbk's value of 0.25 is 63.8% below this benchmark. Historically, PT Mnc Tourism Indonesia Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.20 to 1.02 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 0.69, PT Mnc Tourism 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 a Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,401 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 Mnc Tourism Indonesia Tbk's current Cyclically Adjusted PB Ratio of 0.25 is 63.8% 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 Mnc Tourism Indonesia Tbk and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Mnc Tourism Indonesia Tbk's current Cyclically Adjusted PB Ratio is 0.25, which is 52% below median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Mnc Tourism Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Mnc Tourism Indonesia Tbk (ISX:KPIG) is currently considered Possible Value Trap. The stock's GF Value™ is Rp144.97, compared to a current price of Rp70.00 — trading 51.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.25, which is 52% below median its 10-year median of 0.52 and 63.8% below the Real Estate industry median of 0.69. PT Mnc Tourism Indonesia Tbk's overall GF Score™ is 73/100 with 2 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 Mnc Tourism Indonesia Tbk (ISX:KPIG), the current Cyclically Adjusted PB Ratio is 0.25 as of Aug. 14, 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 Mnc Tourism Indonesia Tbk (ISX:KPIG) Overvalued in 2026?

Based on GuruFocus' analysis, PT Mnc Tourism Indonesia Tbk stock appears to be undervalued. The current stock price of Rp70.00 is trading 51.7% below its estimated GF Value™ of Rp144.97. GuruFocus considers PT Mnc Tourism Indonesia Tbk to be Possible Value Trap.

Key valuation signals for ISX:KPIG:

  • Cyclically Adjusted PB Ratio: 0.25 (52% below median its 10-year median of 0.52)
  • GF Value™: Rp144.97 vs. price of Rp70.00 (51.7% below fair value)
  • GF Score™: 73/100 with 2 warning signs
  • Industry Position: 63.8% below the Real Estate median (#320 of 1401)

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


PT Mnc Tourism Indonesia Tbk Business Description

Address Jalan Kebon Sirih Kav. 17-19, MNC Tower 17th Floor, MNC Center, Central Jakarta, IDN, 10340
PT Mnc Tourism Indonesia Tbk is an Indonesia-based company engaged in construction, trade, industry, and services businesses either directly or indirectly through Subsidiaries. Its segments are Hotel, resort and golf; Office space rental; Apartment and other properties; and Property Management and other services. It generates key revenue from the Hotel, Resort and Golf segment. Geographically, all the operations functioned through the region of Indonesia.
73GF Score

Get the complete analysis for ISX:KPIG

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

Rp70.00
Price
Rp144.97
GF Value