PT Malindo Feedmill Tbk (ISX:MAIN) Cyclically Adjusted PB Ratio: 0.61 (As of Sep. 15, 2026) — 24% Below Median

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ISX:MAIN PT Malindo Feedmill Tbk ISX:MAIN
87 GF Score
Price Rp660.00
GF Value Rp824.41
Valuation Modestly Undervalued
! 1 Warning Sign
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What is PT Malindo Feedmill Tbk Cyclically Adjusted PB Ratio?

PT Malindo Feedmill Tbk ISX:MAIN -1.49% 87 Cyclically Adjusted PB Ratio is 0.61 as of Sep. 15, 2026, which is 24% below its 10-year median of 0.80. GuruFocus rates ISX:MAIN with a GF Score™ of 87/100 and a GF Value™ of Rp824.41 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,268 Consumer Packaged Goods companies, PT Malindo Feedmill Tbk ranks better than 76.34% on this metric.

As of today (2026-09-15), PT Malindo Feedmill Tbk's current share price is Rp660.00. PT Malindo Feedmill Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Rp1,080.45. PT Malindo Feedmill Tbk's Cyclically Adjusted PB Ratio for today is 0.61.

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

ISX:MAIN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.8   Max: 3.07
Current: 0.62

During the past years, PT Malindo Feedmill Tbk's highest Cyclically Adjusted PB Ratio was 3.07. The lowest was 0.45. And the median was 0.80.

ISX:MAIN's Cyclically Adjusted PB Ratio is ranked better than
76.34% of 1268 companies
in the Consumer Packaged Goods industry
Industry Median: 1.245 vs ISX:MAIN: 0.62

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 Malindo Feedmill Tbk's adjusted book value per share data for the three months ended in Jun. 2026 was Rp1,283.046. 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 Rp1,080.45 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Malindo Feedmill Tbk  (ISX:MAIN) 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 Malindo Feedmill Tbk Cyclically Adjusted PB Ratio Related Terms


PT Malindo Feedmill Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Malindo Feedmill 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 Malindo Feedmill Tbk Cyclically Adjusted PB Ratio Chart

PT Malindo Feedmill 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 0.82 0.55 0.55 0.77 0.81

PT Malindo Feedmill 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 0.62 0.69 0.83 0.86 0.59

ISX:MAIN vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, PT Malindo Feedmill 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 Malindo Feedmill Tbk Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Malindo Feedmill Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:MAIN
87GF Score
PT Malindo Feedmill Tbk ISX:MAIN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Malindo Feedmill 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 Malindo Feedmill Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=660.00/1080.449
=0.61

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

For example, PT Malindo Feedmill 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)
=1283.046/137.6954*137.6954
=1,283.046

Current CPI (Jun. 2026) = 137.6954.

PT Malindo Feedmill Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 796.003 104.142 1,052.462
201612 820.804 105.222 1,074.120
201703 831.906 106.476 1,075.827
201706 794.878 107.722 1,016.056
201709 784.097 108.020 999.501
201712 759.867 109.017 959.761
201803 782.315 110.097 978.425
201806 815.065 111.085 1,010.316
201809 844.431 111.135 1,046.248
201812 889.624 112.430 1,089.542
201903 887.985 112.829 1,083.693
201906 890.367 114.730 1,068.589
201909 912.451 114.905 1,093.431
201912 906.149 115.486 1,080.414
202003 912.774 116.252 1,081.138
202006 887.008 116.630 1,047.219
202009 874.555 116.397 1,034.585
202012 886.171 117.318 1,040.092
202103 926.052 117.840 1,082.089
202106 943.921 118.184 1,099.757
202109 894.864 118.262 1,041.915
202112 914.814 119.516 1,053.964
202203 919.558 120.948 1,046.885
202206 885.177 123.322 988.343
202209 892.143 125.298 980.411
202212 926.918 126.098 1,012.170
202303 849.699 126.953 921.602
202306 868.575 127.663 936.833
202309 947.302 128.151 1,017.852
202312 956.016 129.395 1,017.345
202403 995.163 130.607 1,049.173
202406 1,086.570 130.792 1,143.924
202409 1,117.091 130.361 1,179.942
202412 1,175.791 131.432 1,231.828
202503 1,204.569 131.948 1,257.034
202506 1,125.476 133.241 1,163.105
202509 1,174.410 133.819 1,208.430
202512 1,290.481 135.271 1,313.609
202603 1,345.885 136.539 1,357.287
202606 1,283.046 137.695 1,283.046

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 0.61 mean?
PT Malindo Feedmill Tbk (ISX:MAIN) has a Cyclically Adjusted PB Ratio of 0.61 as of Sep. 15, 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 Malindo Feedmill Tbk and its competitors. This is 24% below median its historical median of 0.80. Over the past decade, PT Malindo Feedmill Tbk's Cyclically Adjusted PB Ratio has ranged from 0.45 to 3.07. According to the industry distribution chart, PT Malindo Feedmill Tbk ranks #300 out of 1268 companies in the Consumer Packaged Goods industry, placing it in the top 23.7%.
Is PT Malindo Feedmill Tbk's Cyclically Adjusted PB Ratio too high?
PT Malindo Feedmill Tbk's current Cyclically Adjusted PB Ratio of 0.61 is 24% below median its 10-year median of 0.80. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 3.07. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. PT Malindo Feedmill Tbk's value of 0.61 is 51% below this industry median. Based on the distribution chart, PT Malindo Feedmill Tbk ranks #300 out of 1268 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, PT Malindo Feedmill Tbk has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Malindo Feedmill Tbk's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, PT Malindo Feedmill Tbk ranks #300 out of 1268 companies for Cyclically Adjusted PB Ratio. This places PT Malindo Feedmill Tbk in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.25. PT Malindo Feedmill Tbk's value of 0.61 is 51% below this benchmark. Historically, PT Malindo Feedmill Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.45 to 3.07 over the past decade. While the company's 10-year median is 0.80 vs. the industry median of 1.25, PT Malindo Feedmill 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.25, based on 1,268 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 Malindo Feedmill Tbk's current Cyclically Adjusted PB Ratio of 0.61 is 51% 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 Malindo Feedmill Tbk and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Malindo Feedmill Tbk's current Cyclically Adjusted PB Ratio is 0.61, which is 24% below median its own 10-year median of 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Malindo Feedmill Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Malindo Feedmill Tbk (ISX:MAIN) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp824.41, compared to a current price of Rp660.00 — trading 19.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.61, which is 24% below median its 10-year median of 0.80 and 51% below the Consumer Packaged Goods industry median of 1.25. PT Malindo Feedmill Tbk's overall GF Score™ is 87/100 with 1 warning sign 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 Malindo Feedmill Tbk (ISX:MAIN), the current Cyclically Adjusted PB Ratio is 0.61 as of Sep. 15, 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 Malindo Feedmill Tbk (ISX:MAIN) Overvalued in 2026?

Based on GuruFocus' analysis, PT Malindo Feedmill Tbk stock appears to be undervalued. The current stock price of Rp660.00 is trading 19.9% below its estimated GF Value™ of Rp824.41. GuruFocus considers PT Malindo Feedmill Tbk to be Modestly Undervalued.

Key valuation signals for ISX:MAIN:

  • Cyclically Adjusted PB Ratio: 0.61 (24% below median its 10-year median of 0.80)
  • GF Value™: Rp824.41 vs. price of Rp660.00 (19.9% below fair value)
  • GF Score™: 87/100 with 1 warning sign
  • Industry Position: 51% below the Consumer Packaged Goods median (#300 of 1268)

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


PT Malindo Feedmill Tbk Business Description

Address Jalan RS. Fatmawati No. 15, Komplek Golden Plaza Blok G No.17-22, Jakarta Selatan, Jakarta, IDN, 12420
PT Malindo Feedmill Tbk is an Indonesian company engaged in the poultry feeds industry and day-old chicken farm. The company's chief business segments are the Feedmill segment, the Breeder segment, the Broiler segment, and the Food and Poultry Processing segment. It generates the majority of the revenue from the Feedmill segment, in which the company produces animal feed such as breeder feed, chicken broiler feed, chicken layer feed, swine feed, and other animal feed products. The company produces and markets Parent Stock and Day Old Chick in the Chicken breeding segment.
87GF Score

Get the complete analysis for ISX:MAIN

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

Rp660.00
Price
Rp824.41
GF Value