PT Link Net Tbk (ISX:LINK) Cyclically Adjusted PB Ratio: 0.83 (As of Aug. 31, 2026) — 11% Below Median

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ISX:LINK PT Link Net Tbk ISX:LINK
63 GF Score
Price Rp1,535.00
GF Value Rp1,636.53
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is PT Link Net Tbk Cyclically Adjusted PB Ratio?

PT Link Net Tbk ISX:LINK +2.68% 63 Cyclically Adjusted PB Ratio is 0.83 as of Aug. 31, 2026, which is 11% below its 10-year median of 0.93. GuruFocus rates ISX:LINK with a GF Score™ of 63/100 and a GF Value™ of Rp1,636.53 (Fairly Valued). The stock has 7 warning signs investors should review. Among 286 Telecommunication Services companies, PT Link Net Tbk ranks better than 74.83% on this metric.

As of today (2026-08-31), PT Link Net Tbk's current share price is Rp1535.00. PT Link Net Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Rp1,856.29. PT Link Net Tbk's Cyclically Adjusted PB Ratio for today is 0.83.

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

ISX:LINK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.93   Max: 2.59
Current: 0.83

During the past years, PT Link Net Tbk's highest Cyclically Adjusted PB Ratio was 2.59. The lowest was 0.49. And the median was 0.93.

ISX:LINK's Cyclically Adjusted PB Ratio is ranked better than
74.83% of 286 companies
in the Telecommunication Services industry
Industry Median: 1.775 vs ISX:LINK: 0.83

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 Link Net Tbk's adjusted book value per share data for the three months ended in Jun. 2026 was Rp989.001. 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 Rp1,856.29 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Link Net Tbk  (ISX:LINK) 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 Link Net Tbk Cyclically Adjusted PB Ratio Related Terms


PT Link Net Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Link Net 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 Link Net Tbk Cyclically Adjusted PB Ratio Chart

PT Link Net 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 0.00 0.76 0.67 2.19

PT Link Net 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 1.79 2.19 1.00 0.74

ISX:LINK vs VZ, TMUS, T: Cyclically Adjusted PB Ratio Comparison

For the Telecom Services subindustry, PT Link Net 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 Link Net Tbk Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PT Link Net Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Link Net Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:LINK
63GF Score
PT Link Net Tbk ISX:LINK
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Link Net 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 Link Net Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1535.00/1856.29
=0.83

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

For example, PT Link Net 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)
=989.001/137.6954*137.6954
=989.001

Current CPI (Jun. 2026) = 137.6954.

PT Link Net Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 1,298.414 104.142 1,716.742
201612 1,339.473 105.222 1,752.860
201703 1,419.293 106.476 1,835.440
201706 1,408.366 107.722 1,800.249
201709 1,491.927 108.020 1,901.784
201712 1,530.748 109.017 1,933.434
201803 1,620.855 110.097 2,027.170
201806 1,548.498 111.085 1,919.446
201809 1,636.184 111.135 2,027.228
201812 1,631.703 112.430 1,998.383
201903 1,720.726 112.829 2,099.966
201906 1,554.914 114.730 1,866.156
201909 1,611.178 114.905 1,930.748
201912 1,656.131 115.486 1,974.627
202003 1,653.211 116.252 1,958.151
202006 1,568.407 116.630 1,851.692
202009 1,656.563 116.397 1,959.689
202012 1,680.020 117.318 1,971.827
202103 1,770.524 117.840 2,068.851
202106 1,750.652 118.184 2,039.675
202109 1,828.851 118.262 2,129.382
202112 1,907.753 119.516 2,197.937
202203 1,954.305 120.948 2,224.910
202206 1,961.429 123.322 2,190.030
202209 2,000.044 125.298 2,197.928
202212 1,805.520 126.098 1,971.581
202303 1,787.728 126.953 1,939.008
202306 1,720.110 127.663 1,855.286
202309 1,667.219 128.151 1,791.384
202312 1,568.589 129.395 1,669.214
202403 1,530.443 130.607 1,613.504
202406 1,468.658 130.792 1,546.181
202409 1,957.837 130.361 2,067.991
202412 1,819.026 131.432 1,905.719
202503 1,690.033 131.948 1,763.642
202506 1,565.983 133.241 1,618.340
202509 1,443.478 133.819 1,485.292
202512 1,289.862 135.271 1,312.979
202603 1,138.393 136.539 1,148.037
202606 989.001 137.695 989.001

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 0.83 mean?
PT Link Net Tbk (ISX:LINK) has a Cyclically Adjusted PB Ratio of 0.83 as of Aug. 31, 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 Link Net Tbk and its competitors. This is 11% below median its historical median of 0.93. Over the past decade, PT Link Net Tbk's Cyclically Adjusted PB Ratio has ranged from 0.49 to 2.59. According to the industry distribution chart, PT Link Net Tbk ranks #72 out of 286 companies in the Telecommunication Services industry, placing it in the top 25.2%.
Is PT Link Net Tbk's Cyclically Adjusted PB Ratio too high?
PT Link Net Tbk's current Cyclically Adjusted PB Ratio of 0.83 is 11% below median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 2.59. The Telecommunication Services industry median Cyclically Adjusted PB Ratio is 1.78. PT Link Net Tbk's value of 0.83 is 53.2% below this industry median. Based on the distribution chart, PT Link Net Tbk ranks #72 out of 286 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, PT Link Net Tbk has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Link Net Tbk's Cyclically Adjusted PB Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, PT Link Net Tbk ranks #72 out of 286 companies for Cyclically Adjusted PB Ratio. This puts PT Link Net Tbk in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.78. PT Link Net Tbk's value of 0.83 is 53.2% below this benchmark. Historically, PT Link Net Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.49 to 2.59 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 1.78, PT Link Net 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 Telecommunication Services company?
The median Cyclically Adjusted PB Ratio among Telecommunication Services companies is 1.78, based on 286 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 Link Net Tbk's current Cyclically Adjusted PB Ratio of 0.83 is 53.2% 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 Link Net Tbk and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PB Ratio is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Link Net Tbk's current Cyclically Adjusted PB Ratio is 0.83, which is 11% below median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Link Net Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Link Net Tbk (ISX:LINK) is currently considered Fairly Valued. The stock's GF Value™ is Rp1,636.53, compared to a current price of Rp1,535.00 — trading 6.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.83, which is 11% below median its 10-year median of 0.93 and 53.2% below the Telecommunication Services industry median of 1.78. PT Link Net Tbk's overall GF Score™ is 63/100 with 7 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 Link Net Tbk (ISX:LINK), the current Cyclically Adjusted PB Ratio is 0.83 as of Aug. 31, 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 Link Net Tbk (ISX:LINK) Overvalued in 2026?

Based on GuruFocus' analysis, PT Link Net Tbk stock appears to be undervalued. The current stock price of Rp1,535.00 is trading 6.2% below its estimated GF Value™ of Rp1,636.53. GuruFocus considers PT Link Net Tbk to be Fairly Valued.

Key valuation signals for ISX:LINK:

  • Cyclically Adjusted PB Ratio: 0.83 (11% below median its 10-year median of 0.93)
  • GF Value™: Rp1,636.53 vs. price of Rp1,535.00 (6.2% below fair value)
  • GF Score™: 63/100 with 7 warning signs
  • Industry Position: 53.2% below the Telecommunication Services median (#72 of 286)

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


PT Link Net Tbk Business Description

Address Jalan Jend. Gatot Subroto Kav. 24-25, Centennial Tower Lantai 26 Unit D, Kuningan Timur, Setiabudi, Jakarta, IDN, 12930
PT Link Net Tbk currently provide services through a broadband communication network including the distribution of television (TV) programmes and high-speed internet through the Network. The company operates a Hybrid Fiber Coaxial (HFC) and Fiber-to-the-Home (FTTH) cable systems with technology. The Company operates and manages the business as a single segment that provides integrated services, including, among other things, high-speed internet and distribution of television (TV) programmes.
63GF Score

Get the complete analysis for ISX:LINK

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

Rp1,535.00
Price
Rp1,636.53
GF Value