PT Mitra Adiperkasa Tbk (ISX:MAPI) Cyclically Adjusted PB Ratio: 2.96 (As of Aug. 16, 2026) — 19% Below Median

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ISX:MAPI PT Mitra Adiperkasa Tbk ISX:MAPI
89 GF Score
Price Rp1,495.00
GF Value Rp1,665.74
Valuation Modestly Undervalued
! 4 Warning Signs
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What is PT Mitra Adiperkasa Tbk Cyclically Adjusted PB Ratio?

PT Mitra Adiperkasa Tbk ISX:MAPI -0.99% 89 Cyclically Adjusted PB Ratio is 2.96 as of Aug. 16, 2026, which is 19% below its 10-year median of 3.66. GuruFocus rates ISX:MAPI with a GF Score™ of 89/100 and a GF Value™ of Rp1,665.74 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 792 Retail - Cyclical companies, PT Mitra Adiperkasa Tbk ranks worse than 78.41% on this metric.

As of today (2026-08-16), PT Mitra Adiperkasa Tbk's current share price is Rp1495.00. PT Mitra Adiperkasa Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Rp504.36. PT Mitra Adiperkasa Tbk's Cyclically Adjusted PB Ratio for today is 2.96.

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

ISX:MAPI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.1   Med: 3.66   Max: 6.36
Current: 2.96

During the past years, PT Mitra Adiperkasa Tbk's highest Cyclically Adjusted PB Ratio was 6.36. The lowest was 2.10. And the median was 3.66.

ISX:MAPI's Cyclically Adjusted PB Ratio is ranked worse than
78.41% of 792 companies
in the Retail - Cyclical industry
Industry Median: 1.22 vs ISX:MAPI: 2.96

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 Mitra Adiperkasa Tbk's adjusted book value per share data for the three months ended in Jun. 2026 was Rp921.232. 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 Rp504.36 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Mitra Adiperkasa Tbk  (ISX:MAPI) 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 Mitra Adiperkasa Tbk Cyclically Adjusted PB Ratio Related Terms


PT Mitra Adiperkasa Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Mitra Adiperkasa 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 Mitra Adiperkasa Tbk Cyclically Adjusted PB Ratio Chart

PT Mitra Adiperkasa 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 2.74 4.83 5.22 3.57 2.52

PT Mitra Adiperkasa 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 2.76 2.54 2.52 2.49 3.02

ISX:MAPI vs DDS, M: Cyclically Adjusted PB Ratio Comparison

For the Department Stores subindustry, PT Mitra Adiperkasa 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 Mitra Adiperkasa Tbk Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PT Mitra Adiperkasa Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:MAPI
89GF Score
PT Mitra Adiperkasa Tbk ISX:MAPI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Mitra Adiperkasa 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 Mitra Adiperkasa Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1495.00/504.36
=2.96

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

For example, PT Mitra Adiperkasa 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)
=921.232/137.6954*137.6954
=921.232

Current CPI (Jun. 2026) = 137.6954.

PT Mitra Adiperkasa Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 187.315 104.142 247.665
201612 193.718 105.222 253.503
201703 197.190 106.476 255.008
201706 236.612 107.722 302.450
201709 241.428 108.020 307.752
201712 244.171 109.017 308.404
201803 266.111 110.097 332.819
201806 270.464 111.085 335.255
201809 313.341 111.135 388.229
201812 329.713 112.430 403.807
201903 338.611 112.829 413.239
201906 348.653 114.730 418.442
201909 357.783 114.905 428.748
201912 373.104 115.486 444.857
202003 357.600 116.252 423.560
202006 329.965 116.630 389.563
202009 319.254 116.397 377.673
202012 328.055 117.318 385.036
202103 326.519 117.840 381.536
202106 345.001 118.184 401.959
202109 321.655 118.262 374.512
202112 360.515 119.516 415.352
202203 385.257 120.948 438.602
202206 415.660 123.322 464.104
202209 443.832 125.298 487.745
202212 491.937 126.098 537.182
202303 509.317 126.953 552.416
202306 535.945 127.663 578.063
202309 578.656 128.151 621.751
202312 604.463 129.395 643.239
202403 630.868 130.607 665.107
202406 655.428 130.792 690.025
202409 676.054 130.361 714.091
202412 707.504 131.432 741.223
202503 746.520 131.948 779.035
202506 763.265 133.241 788.784
202509 792.020 133.819 814.963
202512 842.139 135.271 857.232
202603 882.620 136.539 890.097
202606 921.232 137.695 921.232

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 2.96 mean?
PT Mitra Adiperkasa Tbk (ISX:MAPI) has a Cyclically Adjusted PB Ratio of 2.96 as of Aug. 16, 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 Mitra Adiperkasa Tbk and its competitors. This is 19% below median its historical median of 3.66. Over the past decade, PT Mitra Adiperkasa Tbk's Cyclically Adjusted PB Ratio has ranged from 2.10 to 6.36. According to the industry distribution chart, PT Mitra Adiperkasa Tbk ranks #621 out of 792 companies in the Retail - Cyclical industry, placing it in the top 78.4%.
Is PT Mitra Adiperkasa Tbk's Cyclically Adjusted PB Ratio too high?
PT Mitra Adiperkasa Tbk's current Cyclically Adjusted PB Ratio of 2.96 is 19% below median its 10-year median of 3.66. Over the past 10 years, this metric has ranged from a low of 2.10 to a high of 6.36. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.22. PT Mitra Adiperkasa Tbk's value of 2.96 is 142.6% above this industry median. Based on the distribution chart, PT Mitra Adiperkasa Tbk ranks #621 out of 792 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, PT Mitra Adiperkasa Tbk has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Mitra Adiperkasa Tbk's Cyclically Adjusted PB Ratio compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, PT Mitra Adiperkasa Tbk ranks #621 out of 792 companies for Cyclically Adjusted PB Ratio. This places PT Mitra Adiperkasa Tbk in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.22. PT Mitra Adiperkasa Tbk's value of 2.96 is 142.6% above this benchmark. Historically, PT Mitra Adiperkasa Tbk's own Cyclically Adjusted PB Ratio has ranged from 2.10 to 6.36 over the past decade. While the company's 10-year median is 3.66 vs. the industry median of 1.22, PT Mitra Adiperkasa 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.22, based on 792 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 Mitra Adiperkasa Tbk's current Cyclically Adjusted PB Ratio of 2.96 is 142.6% 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 Mitra Adiperkasa Tbk and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Mitra Adiperkasa Tbk's current Cyclically Adjusted PB Ratio is 2.96, which is 19% below median its own 10-year median of 3.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Mitra Adiperkasa Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Mitra Adiperkasa Tbk (ISX:MAPI) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp1,665.74, compared to a current price of Rp1,495.00 — trading 10.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.96, which is 19% below median its 10-year median of 3.66 and 142.6% above the Retail - Cyclical industry median of 1.22. PT Mitra Adiperkasa Tbk's overall GF Score™ is 89/100 with 4 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 Mitra Adiperkasa Tbk (ISX:MAPI), the current Cyclically Adjusted PB Ratio is 2.96 as of Aug. 16, 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 Mitra Adiperkasa Tbk (ISX:MAPI) Overvalued in 2026?

Based on GuruFocus' analysis, PT Mitra Adiperkasa Tbk stock appears to be undervalued. The current stock price of Rp1,495.00 is trading 10.3% below its estimated GF Value™ of Rp1,665.74. GuruFocus considers PT Mitra Adiperkasa Tbk to be Modestly Undervalued.

Key valuation signals for ISX:MAPI:

  • Cyclically Adjusted PB Ratio: 2.96 (19% below median its 10-year median of 3.66)
  • GF Value™: Rp1,665.74 vs. price of Rp1,495.00 (10.3% below fair value)
  • GF Score™: 89/100 with 4 warning signs
  • Industry Position: 142.6% above the Retail - Cyclical median (#621 of 792)

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


PT Mitra Adiperkasa Tbk Business Description

Other Exchanges PMDKF:USAQGI:Germany
Address Jalan Jend Sudirman Kav 86, 29th Floor, Sahid Sudirman Center, Central Jakarta, Jakarta, IDN, 10220
PT Mitra Adiperkasa Tbk is a departmental store operator in Indonesia. Its portfolio of services comprises sports equipment, fashion, food and beverages, and lifestyle stores managed by over 100 brands like Zara, Lacoste, Adidas, Nike, Starbucks, Domino's Pizza, Galeries, Lafayette, and more. It operates in the following segments: Retail sales; Department stores; Cafe & restaurant; and Others. The majority of its revenue is derived from the Retail sales segment. Its geographical segments include Indonesia, Vietnam, the Philippines, Thailand, and Others.
89GF Score

Get the complete analysis for ISX:MAPI

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

Rp1,495.00
Price
Rp1,665.74
GF Value