PT Malindo Feedmill Tbk (ISX:MAIN) Cyclically Adjusted PB Ratio: 0.63 (As of Aug. 05, 2026) — 21% Below Median

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ISX:MAIN PT Malindo Feedmill Tbk ISX:MAIN
97 GF Score
Price Rp680.00
GF Value Rp815.98
Valuation Modestly Undervalued
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What is PT Malindo Feedmill Tbk Cyclically Adjusted PB Ratio?

PT Malindo Feedmill Tbk ISX:MAIN 97 Cyclically Adjusted PB Ratio is 0.63 as of Aug. 05, 2026, which is 21% below its 10-year median of 0.80. GuruFocus rates ISX:MAIN with a GF Score™ of 97/100 and a GF Value™ of Rp815.98 (Modestly Undervalued). Among 1,421 Consumer Packaged Goods companies, PT Malindo Feedmill Tbk ranks better than 77.06% on this metric.

As of today (2026-08-05), PT Malindo Feedmill Tbk's current share price is Rp680.00. PT Malindo Feedmill Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Rp1,077.06. PT Malindo Feedmill Tbk's Cyclically Adjusted PB Ratio for today is 0.63.

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
77.06% of 1421 companies
in the Consumer Packaged Goods industry
Industry Median: 1.25 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 Rp1,284.209. 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 Rp1,077.06 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 0.83 0.55 0.55 0.79 0.83

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 0.70 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
97GF 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
=680.00/1077.06
=0.63

* 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)
=1284.209/137.6954*137.6954
=1,284.209

Current CPI (Jun. 2026) = 137.6954.

PT Malindo Feedmill Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 796.737 104.142 1,053.433
201612 753.981 105.222 986.674
201703 832.446 106.476 1,076.525
201706 795.469 107.722 1,016.811
201709 784.682 108.020 1,000.247
201712 732.014 109.017 924.581
201803 783.153 110.097 979.473
201806 815.889 111.085 1,011.338
201809 845.256 111.135 1,047.270
201812 847.955 112.430 1,038.509
201903 888.752 112.829 1,084.629
201906 891.142 114.730 1,069.519
201909 913.235 114.905 1,094.371
201912 906.942 115.486 1,081.359
202003 913.583 116.252 1,082.096
202006 887.827 116.630 1,048.186
202009 875.383 116.397 1,035.565
202012 887.075 117.318 1,041.153
202103 926.949 117.840 1,083.137
202106 944.812 118.184 1,100.795
202109 895.766 118.262 1,042.965
202112 915.717 119.516 1,055.004
202203 920.457 120.948 1,047.909
202206 886.080 123.322 989.351
202209 893.055 125.298 981.414
202212 927.902 126.098 1,013.245
202303 850.688 126.953 922.674
202306 869.564 127.663 937.899
202309 948.366 128.151 1,018.995
202312 957.094 129.395 1,018.492
202403 996.247 130.607 1,050.316
202406 1,087.660 130.792 1,145.072
202409 1,118.186 130.361 1,181.099
202412 1,176.901 131.432 1,232.991
202503 1,205.685 131.948 1,258.198
202506 1,126.602 133.241 1,164.269
202509 1,175.537 133.819 1,209.589
202512 1,291.606 135.271 1,314.754
202603 1,347.008 136.539 1,358.419
202606 1,284.209 137.695 1,284.209

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 0.63 mean?
PT Malindo Feedmill Tbk (ISX:MAIN) has a Cyclically Adjusted PB Ratio of 0.63 as of Aug. 05, 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 21% 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 #326 out of 1421 companies in the Consumer Packaged Goods industry, placing it in the top 22.9%.
Is PT Malindo Feedmill Tbk's Cyclically Adjusted PB Ratio too high?
PT Malindo Feedmill Tbk's current Cyclically Adjusted PB Ratio of 0.63 is 21% 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 0.63 is 49.6% below this industry median. Based on the distribution chart, PT Malindo Feedmill Tbk ranks #326 out of 1421 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 97/100 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 #326 out of 1421 companies for Cyclically Adjusted PB Ratio. This places PT Malindo Feedmill Tbk in the top 23% 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 0.63 is 49.6% 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 1,421 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 0.63 is 49.6% 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 0.63, which is 21% 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 Rp815.98, compared to a current price of Rp680.00 — trading 16.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.63, which is 21% below median its 10-year median of 0.80 and 49.6% below the Consumer Packaged Goods industry median of 1.25. PT Malindo Feedmill Tbk's overall GF Score™ is 97/100. 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 0.63 as of Aug. 05, 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 Rp680.00 is trading 16.7% below its estimated GF Value™ of Rp815.98. GuruFocus considers PT Malindo Feedmill Tbk to be Modestly Undervalued.

Key valuation signals for ISX:MAIN:

  • Cyclically Adjusted PB Ratio: 0.63 (21% below median its 10-year median of 0.80)
  • GF Value™: Rp815.98 vs. price of Rp680.00 (16.7% below fair value)
  • GF Score™: 97/100
  • Industry Position: 49.6% below the Consumer Packaged Goods median (#326 of 1421)

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.
97GF Score

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

Rp680.00
Price
Rp815.98
GF Value