PT Maha Properti Indonesia Tbk (ISX:MPRO) Cyclically Adjusted PB Ratio: 118.44 (As of Jul. 18, 2026) — 70% Above Median

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ISX:MPRO PT Maha Properti Indonesia Tbk ISX:MPRO
45 GF Score
Price Rp9,900.00
GF Value Rp1,617.23
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is PT Maha Properti Indonesia Tbk Cyclically Adjusted PB Ratio?

PT Maha Properti Indonesia Tbk ISX:MPRO 45 Cyclically Adjusted PB Ratio is 118.44 as of Jul. 18, 2026, which is 70% above its 10-year median of 69.74. GuruFocus rates ISX:MPRO with a GF Score™ of 45/100 and a GF Value™ of Rp1,617.23 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,437 Real Estate companies, PT Maha Properti Indonesia Tbk ranks worse than 99.79% on this metric.

As of today (2026-07-18), PT Maha Properti Indonesia Tbk's current share price is Rp9900.00. PT Maha Properti Indonesia Tbk's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was Rp83.59. PT Maha Properti Indonesia Tbk's Cyclically Adjusted PB Ratio for today is 118.44.

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

ISX:MPRO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 27.06   Med: 69.74   Max: 137.58
Current: 118.43

During the past 11 years, PT Maha Properti Indonesia Tbk's highest Cyclically Adjusted PB Ratio was 137.58. The lowest was 27.06. And the median was 69.74.

ISX:MPRO's Cyclically Adjusted PB Ratio is ranked worse than
99.79% of 1437 companies
in the Real Estate industry
Industry Median: 0.71 vs ISX:MPRO: 118.43

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 Maha Properti Indonesia Tbk's adjusted book value per share data of for the fiscal year that ended in Dec25 was Rp80.958. 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 Rp83.59 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Maha Properti Indonesia Tbk  (ISX:MPRO) 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 Maha Properti Indonesia Tbk Cyclically Adjusted PB Ratio Related Terms


PT Maha Properti Indonesia Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Maha Properti Indonesia 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 Maha Properti Indonesia Tbk Cyclically Adjusted PB Ratio Chart

PT Maha Properti Indonesia 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 0.00 0.00 0.00 27.19 137.58

PT Maha Properti Indonesia 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 0.00 0.00 0.00 137.58 0.00

PT Maha Properti Indonesia Tbk Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, PT Maha Properti Indonesia 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 Maha Properti Indonesia Tbk Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Maha Properti Indonesia Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Maha Properti Indonesia Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:MPRO
45GF Score
PT Maha Properti Indonesia Tbk ISX:MPRO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Maha Properti Indonesia 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 Maha Properti Indonesia Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9900.00/83.59
=118.44

* 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 Maha Properti Indonesia Tbk's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, PT Maha Properti Indonesia Tbk's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=80.958/135.2711*135.2711
=80.958

Current CPI (Dec25) = 135.2711.

PT Maha Properti Indonesia Tbk Annual Data

Book Value per Share CPI Adj_Book
201612 6.404 105.222 8.233
201712 6.131 109.017 7.608
201812 93.038 112.430 111.940
201912 98.049 115.486 114.847
202012 99.329 117.318 114.529
202112 97.950 119.516 110.862
202212 95.028 126.098 101.941
202312 91.107 129.395 95.245
202412 87.195 131.432 89.742
202512 80.958 135.271 80.958

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 118.44 mean?
PT Maha Properti Indonesia Tbk (ISX:MPRO) has a Cyclically Adjusted PB Ratio of 118.44 as of Jul. 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 Maha Properti Indonesia Tbk and its competitors. This is 70% above median its historical median of 69.74. Over the past decade, PT Maha Properti Indonesia Tbk's Cyclically Adjusted PB Ratio has ranged from 27.06 to 137.58. According to the industry distribution chart, PT Maha Properti Indonesia Tbk ranks #1434 out of 1437 companies in the Real Estate industry, placing it in the top 99.8%.
Is PT Maha Properti Indonesia Tbk's Cyclically Adjusted PB Ratio too high?
PT Maha Properti Indonesia Tbk's current Cyclically Adjusted PB Ratio of 118.44 is 70% above median its 10-year median of 69.74. Over the past 10 years, this metric has ranged from a low of 27.06 to a high of 137.58. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.71. PT Maha Properti Indonesia Tbk's value of 118.44 is 16581.7% above this industry median. Based on the distribution chart, PT Maha Properti Indonesia Tbk ranks #1434 out of 1437 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, PT Maha Properti Indonesia Tbk has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Maha Properti Indonesia Tbk's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, PT Maha Properti Indonesia Tbk ranks #1434 out of 1437 companies for Cyclically Adjusted PB Ratio. This places PT Maha Properti Indonesia Tbk in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.71. PT Maha Properti Indonesia Tbk's value of 118.44 is 16581.7% above this benchmark. Historically, PT Maha Properti Indonesia Tbk's own Cyclically Adjusted PB Ratio has ranged from 27.06 to 137.58 over the past decade. While the company's 10-year median is 69.74 vs. the industry median of 0.71, PT Maha Properti Indonesia 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.71, based on 1,437 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 Maha Properti Indonesia Tbk's current Cyclically Adjusted PB Ratio of 118.44 is 16581.7% 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 Maha Properti Indonesia Tbk and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Maha Properti Indonesia Tbk's current Cyclically Adjusted PB Ratio is 118.44, which is 70% above median its own 10-year median of 69.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Maha Properti Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Maha Properti Indonesia Tbk (ISX:MPRO) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp1,617.23, compared to a current price of Rp9,900.00 — trading 512.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 118.44, which is 70% above median its 10-year median of 69.74 and 16581.7% above the Real Estate industry median of 0.71. PT Maha Properti Indonesia Tbk's overall GF Score™ is 45/100 with 2 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 Maha Properti Indonesia Tbk (ISX:MPRO), the current Cyclically Adjusted PB Ratio is 118.44 as of Jul. 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 Maha Properti Indonesia Tbk (ISX:MPRO) Overvalued in 2026?

Based on GuruFocus' analysis, PT Maha Properti Indonesia Tbk stock appears to be overvalued. The current stock price of Rp9,900.00 is trading 512.2% above its estimated GF Value™ of Rp1,617.23. GuruFocus considers PT Maha Properti Indonesia Tbk to be Significantly Overvalued.

Key valuation signals for ISX:MPRO:

  • Cyclically Adjusted PB Ratio: 118.44 (70% above median its 10-year median of 69.74)
  • GF Value™: Rp1,617.23 vs. price of Rp9,900.00 (512.2% above fair value)
  • GF Score™: 45/100 with 2 warning signs
  • Industry Position: 16581.7% above the Real Estate median (#1434 of 1437)

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


PT Maha Properti Indonesia Tbk Business Description

Address Jalan Jenderal Sudirman, Kav. 27, Mayapada Tower 2, 20th Floor, RT. 014 RW. 001 Kel. Karet, Kec. Setiabudi, South Jakarta, Jakarta, IDN, 12920
PT Maha Properti Indonesia Tbk is a property developer. The firm's projects are The Kahyangan, Simprug Signature, The Grand Maja, Kahyangan, and Tanjung Layar Beachfront City, and others. The company operates through Apartment, Building management, and Other segments. A majority of its revenue is generated from the Apartment segment.
45GF Score

Get the complete analysis for ISX:MPRO

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

Rp9,900.00
Price
Rp1,617.23
GF Value