PT Medco Energi Internasional Tbk (ISX:MEDC) Cyclically Adjusted PB Ratio: 1.26 (As of Aug. 10, 2026) — 18% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ISX:MEDC PT Medco Energi Internasional Tbk ISX:MEDC
90 GF Score
Price Rp1,305.00
GF Value Rp1,603.66
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is PT Medco Energi Internasional Tbk Cyclically Adjusted PB Ratio?

PT Medco Energi Internasional Tbk ISX:MEDC +1.16% 90 Cyclically Adjusted PB Ratio is 1.26 as of Aug. 10, 2026, which is 18% above its 10-year median of 1.07. GuruFocus rates ISX:MEDC with a GF Score™ of 90/100 and a GF Value™ of Rp1,603.66 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 767 Oil & Gas companies, PT Medco Energi Internasional Tbk ranks worse than 52.8% on this metric.

As of today (2026-08-10), PT Medco Energi Internasional Tbk's current share price is Rp1305.00. PT Medco Energi Internasional Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp1,036.40. PT Medco Energi Internasional Tbk's Cyclically Adjusted PB Ratio for today is 1.26.

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

ISX:MEDC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 1.07   Max: 1.92
Current: 1.26

During the past years, PT Medco Energi Internasional Tbk's highest Cyclically Adjusted PB Ratio was 1.92. The lowest was 0.36. And the median was 1.07.

ISX:MEDC's Cyclically Adjusted PB Ratio is ranked worse than
52.8% of 767 companies
in the Oil & Gas industry
Industry Median: 1.17 vs ISX:MEDC: 1.26

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 Medco Energi Internasional Tbk's adjusted book value per share data for the three months ended in Mar. 2026 was Rp1,506.572. 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 Rp1,036.40 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Medco Energi Internasional Tbk  (ISX:MEDC) 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 Medco Energi Internasional Tbk Cyclically Adjusted PB Ratio Related Terms


PT Medco Energi Internasional Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Medco Energi Internasional 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 Medco Energi Internasional Tbk Cyclically Adjusted PB Ratio Chart

PT Medco Energi Internasional 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 0.60 1.23 1.32 1.19 1.33

PT Medco Energi Internasional Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.09 1.29 1.40 1.33 1.76

ISX:MEDC vs COP, EOG, FANG: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas E&P subindustry, PT Medco Energi Internasional 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 Medco Energi Internasional Tbk Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PT Medco Energi Internasional Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Medco Energi Internasional Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:MEDC
90GF Score
PT Medco Energi Internasional Tbk ISX:MEDC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Medco Energi Internasional 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 Medco Energi Internasional Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1305.00/1036.40
=1.26

* 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 Medco Energi Internasional Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, PT Medco Energi Internasional Tbk's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1506.572/136.5387*136.5387
=1,506.572

Current CPI (Mar. 2026) = 136.5387.

PT Medco Energi Internasional Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 562.841 103.212 744.578
201609 567.510 104.142 744.049
201612 694.417 105.222 901.094
201703 719.590 106.476 922.762
201706 746.151 107.722 945.758
201709 816.377 108.020 1,031.907
201712 820.014 109.017 1,027.030
201803 860.795 110.097 1,067.535
201806 869.411 111.085 1,068.628
201809 893.952 111.135 1,098.300
201812 842.281 112.430 1,022.895
201903 844.497 112.829 1,021.963
201906 856.801 114.730 1,019.666
201909 825.174 114.905 980.537
201912 788.873 115.486 932.683
202003 851.189 116.252 999.724
202006 743.492 116.630 870.407
202009 709.813 116.397 832.644
202012 569.532 117.318 662.840
202103 632.298 117.840 732.631
202106 609.506 118.184 704.167
202109 610.984 118.262 705.410
202112 616.062 119.516 703.807
202203 647.173 120.948 730.595
202206 768.436 123.322 850.788
202209 867.180 125.298 944.973
202212 971.682 126.098 1,052.138
202303 1,014.431 126.953 1,091.031
202306 994.816 127.663 1,063.981
202309 1,097.767 128.151 1,169.614
202312 1,133.473 129.395 1,196.053
202403 1,197.024 130.607 1,251.389
202406 1,288.957 130.792 1,345.595
202409 1,248.453 130.361 1,307.617
202412 1,355.508 131.432 1,408.181
202503 1,388.720 131.948 1,437.032
202506 1,368.531 133.241 1,402.406
202509 1,456.194 133.819 1,485.789
202512 1,457.699 135.271 1,471.359
202603 1,506.572 136.539 1,506.572

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 1.26 mean?
PT Medco Energi Internasional Tbk (ISX:MEDC) has a Cyclically Adjusted PB Ratio of 1.26 as of Aug. 10, 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 Medco Energi Internasional Tbk and its competitors. This is 18% above median its historical median of 1.07. Over the past decade, PT Medco Energi Internasional Tbk's Cyclically Adjusted PB Ratio has ranged from 0.36 to 1.92. According to the industry distribution chart, PT Medco Energi Internasional Tbk ranks #405 out of 767 companies in the Oil & Gas industry, placing it in the top 52.8%.
Is PT Medco Energi Internasional Tbk's Cyclically Adjusted PB Ratio too high?
PT Medco Energi Internasional Tbk's current Cyclically Adjusted PB Ratio of 1.26 is 18% above median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 1.92. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.17. PT Medco Energi Internasional Tbk's value of 1.26 is 7.7% above this industry median. Based on the distribution chart, PT Medco Energi Internasional Tbk ranks #405 out of 767 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, PT Medco Energi Internasional Tbk has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Medco Energi Internasional Tbk's Cyclically Adjusted PB Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, PT Medco Energi Internasional Tbk ranks #405 out of 767 companies for Cyclically Adjusted PB Ratio. This places PT Medco Energi Internasional Tbk in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.17. PT Medco Energi Internasional Tbk's value of 1.26 is 7.7% above this benchmark. Historically, PT Medco Energi Internasional Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.36 to 1.92 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 1.17, PT Medco Energi Internasional 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 an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.17, based on 767 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 Medco Energi Internasional Tbk's current Cyclically Adjusted PB Ratio of 1.26 is 7.7% 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 Medco Energi Internasional Tbk and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Medco Energi Internasional Tbk's current Cyclically Adjusted PB Ratio is 1.26, which is 18% above median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Medco Energi Internasional Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Medco Energi Internasional Tbk (ISX:MEDC) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp1,603.66, compared to a current price of Rp1,305.00 — trading 18.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.26, which is 18% above median its 10-year median of 1.07 and 7.7% above the Oil & Gas industry median of 1.17. PT Medco Energi Internasional Tbk's overall GF Score™ is 90/100 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 Medco Energi Internasional Tbk (ISX:MEDC), the current Cyclically Adjusted PB Ratio is 1.26 as of Aug. 10, 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 Medco Energi Internasional Tbk (ISX:MEDC) Overvalued in 2026?

Based on GuruFocus' analysis, PT Medco Energi Internasional Tbk stock appears to be undervalued. The current stock price of Rp1,305.00 is trading 18.6% below its estimated GF Value™ of Rp1,603.66. GuruFocus considers PT Medco Energi Internasional Tbk to be Modestly Undervalued.

Key valuation signals for ISX:MEDC:

  • Cyclically Adjusted PB Ratio: 1.26 (18% above median its 10-year median of 1.07)
  • GF Value™: Rp1,603.66 vs. price of Rp1,305.00 (18.6% below fair value)
  • GF Score™: 90/100 with 4 warning signs
  • Industry Position: 7.7% above the Oil & Gas median (#405 of 767)

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


PT Medco Energi Internasional Tbk Business Description

Industry EnergyOil & Gas
Other Exchanges MDCOY:USAMEF:Germany
Address SCBD Lot 11A, Jalan Jenderal Sudirman Kav. 52-53, The Energy Building, 53rd Floor, Jakarta, IDN, 12190
PT Medco Energi Internasional Tbk main activities includes mining and quarrying, industry, trade, construction services, transportation, contract services, distribution, industry and technical services, including electricity power supply and other supporting electricity services. The company's operating segments include Exploration and production of oil and gas; Services; Power; Chemicals; Trading; Holding and related operations. The majority of revenue comes from Exploration and production of oil and gas. Geographically, the company has presence in Indonesia, Overseas, Asia, Africa and Middle East, and United States of America and Europe.
90GF Score

Get the complete analysis for ISX:MEDC

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

Rp1,305.00
Price
Rp1,603.66
GF Value