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PT Modernland Realty TbkISX:MDLN 51 Cyclically Adjusted PB Ratio is 0.10 as of Aug. 18, 2026, which is 9% below its 10-year median of 0.11. GuruFocus rates ISX:MDLN with a GF Score™ of 51/100 and a GF Value™ of Rp39.54 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,400 Real Estate companies, PT Modernland Realty Tbk ranks better than 90.36% on this metric.
The historical rank and industry rank for PT Modernland Realty Tbk's Cyclically Adjusted PB Ratio or its related term are showing as below:
ISX:MDLN'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09 Med: 0.11 Max: 0.25
Current: 0.1
During the past years, PT Modernland Realty Tbk's highest Cyclically Adjusted PB Ratio was 0.25. The lowest was 0.09. And the median was 0.11.
ISX:MDLN's Cyclically Adjusted PB Ratio is ranked better than 90.36% of 1400
companies
in the Real Estate industry
Industry Median: 0.69
vs ISX:MDLN: 0.10
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 Modernland Realty Tbk's adjusted book value per share data for the three months ended in Jun. 2026 was Rp262.823. 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 Rp499.89 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
PT Modernland Realty Tbk (ISX:MDLN) 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 Modernland Realty Tbk Cyclically Adjusted PB Ratio Related Terms
PT Modernland Realty Tbk Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for PT Modernland Realty 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 Modernland Realty Tbk Cyclically Adjusted PB Ratio Chart
PT Modernland Realty Tbk Cyclically Adjusted PB Ratio Competitor Comparison
For the Real Estate - Development subindustry, PT Modernland Realty 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 Modernland Realty Tbk Cyclically Adjusted PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, PT Modernland Realty Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where PT Modernland Realty Tbk's Cyclically Adjusted PB Ratio falls into.
PT Modernland Realty 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.
* 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.
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 0.10 mean?
PT Modernland Realty Tbk (ISX:MDLN) has a Cyclically Adjusted PB Ratio of 0.10 as of Aug. 18, 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 Modernland Realty Tbk and its competitors. This is near median its historical median of 0.11. Over the past decade, PT Modernland Realty Tbk's Cyclically Adjusted PB Ratio has ranged from 0.09 to 0.25. According to the industry distribution chart, PT Modernland Realty Tbk ranks #135 out of 1400 companies in the Real Estate industry, placing it in the top 9.6%.
Is PT Modernland Realty Tbk's Cyclically Adjusted PB Ratio too high?
PT Modernland Realty Tbk's current Cyclically Adjusted PB Ratio of 0.10 is near median its 10-year median of 0.11. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.25. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. PT Modernland Realty Tbk's value of 0.10 is 85.5% below this industry median. Based on the distribution chart, PT Modernland Realty Tbk ranks #135 out of 1400 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, PT Modernland Realty Tbk has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Modernland Realty Tbk's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, PT Modernland Realty Tbk ranks #135 out of 1400 companies for Cyclically Adjusted PB Ratio. This places PT Modernland Realty Tbk in the top 10% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.69. PT Modernland Realty Tbk's value of 0.10 is 85.5% below this benchmark. Historically, PT Modernland Realty Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.09 to 0.25 over the past decade. While the company's 10-year median is 0.11 vs. the industry median of 0.69, PT Modernland Realty 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 1,400 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 Modernland Realty Tbk's current Cyclically Adjusted PB Ratio of 0.10 is 85.5% 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 Modernland Realty 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 Modernland Realty Tbk's current Cyclically Adjusted PB Ratio is 0.10, which is near median its own 10-year median of 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Modernland Realty Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Modernland Realty Tbk (ISX:MDLN) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp39.54, compared to a current price of Rp50.00 — trading 26.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.10, which is near median its 10-year median of 0.11 and 85.5% below the Real Estate industry median of 0.69. PT Modernland Realty Tbk's overall GF Score™ is 51/100 with 8 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 Modernland Realty Tbk (ISX:MDLN), the current Cyclically Adjusted PB Ratio is 0.10 as of Aug. 18, 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 Modernland Realty Tbk (ISX:MDLN) Overvalued in 2026?
Based on GuruFocus' analysis, PT Modernland Realty Tbk stock appears to be overvalued.
The current stock price of Rp50.00 is trading 26.5% above its estimated GF Value™ of Rp39.54.
GuruFocus considers PT Modernland Realty Tbk to be Modestly Overvalued.
Key valuation signals for ISX:MDLN:
Cyclically Adjusted PB Ratio: 0.10 (near median its 10-year median of 0.11)
GF Value™: Rp39.54 vs. price of Rp50.00 (26.5% above fair value)
Industry Position: 85.5% below the Real Estate median (#135 of 1400)
No single metric tells the full story. See the ISX:MDLN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressJalan Gajah Mada No. 188, RT.3/RW.5, Commercial Area, Lantai 5, Green Central City, Glodok, Kec. Taman, Kota Jakarta Barat, Daerah Khusus Ibukota Jakarta, Jakarta, IDN, 11120
PT Modernland Realty Tbk is an Indonesian company engaged in property development with a portfolio spanning residential, industrial, and hospitality sectors. Its business activities also include the leasing of furnished and unfurnished properties, the development of supporting facilities and infrastructure, such as golf courses and recreational facilities, and building and infrastructure construction services. In addition, the company engages in trading, distribution, and agency activities supporting its property business and asset management services. The company's operating segments based on project location are as follows: Tangerang, Bekasi, Cakung, Serang, and Gajah Mada. The majority of its revenue is derived from the Cakung region.
51GF Score
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